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  • JK Lakshmi Cement Posts ₹361 Cr PAT in FY25 Amid Strong Sustainability and Expansion Plans

    Company consolidates earnings with green power usage, plant upgrades, and robust capex rollout while merger approvals remain pending

    JK Lakshmi Cement Ltd. (JKLC), a flagship company of the JK Organisation, has reported a net profit of ₹361.45 crore for the financial year ending March 31, 2025. While full-year net sales dipped to ₹5,698 crore compared to ₹6,319 crore in FY24, the company improved sequential profitability in the fourth quarter on account of better product mix, operational controls, and fuel cost moderation.
    The cement major posted a standalone PAT of ₹138 crore in Q4FY25, compared to ₹142 crore in the same period last year. Its PBIDT for the year stood at ₹761 crore and profit before tax was ₹492 crore, reflecting operational resilience despite volume and revenue fluctuations.
    Chairperson and Managing Director Vinita Singhania attributed the sequential improvement to higher volumes and enhanced plant efficiency. She also highlighted the company’s steady performance despite industry-wide input pressures.

    Composite Scheme of Arrangement Awaits Regulatory Clearance
    JK Lakshmi Cement has submitted its Composite Scheme of Arrangement for regulatory approval. The scheme proposes to merge its subsidiaries Udaipur Cement Works Ltd., Hansdeep Industries, and Hidrive Developers into JKLC. The appointed date for the merger is set as April 1, 2024, although its impact is not yet reflected in the current financials.
    The company has already approached regulators and awaits approvals to move forward with structural integration across its group companies.
    Green Energy Gains Momentum at Sirohi Plant
    The company’s green initiatives saw measurable progress in FY25. At the Sirohi Cement Plant, JK Lakshmi Cement is implementing a project to raise its Thermal Substitution Rate from 4 percent to 16 percent. In the fourth quarter, the share of renewable energy in the power mix reached 50 percent.
    These sustainability measures not only align with global ESG benchmarks but also improve long-term cost competitiveness in an increasingly regulated environment.

    Capex Update: Multiple Projects Across Five States
    JK Lakshmi Cement is currently executing a multi-state expansion plan across grinding and clinker capacities. Highlights include:

    • Expansion of grinding capacity at Surat from 1.35 million tonnes to 2.7 million tonnes with a ₹225 crore investment. This is funded through ₹150 crore in term loans and the rest through internal accruals.
    • Construction of a dedicated railway siding at the Durg Cement Plant at a cost of ₹325 crore. This will streamline bulk material logistics and reduce carbon intensity per tonne of dispatch.
    • Addition of a new clinker line with 2.3 million tonnes capacity at Durg, along with four new cement grinding units totaling 4.6 million tonnes in Chhattisgarh.
    • Development of split-location grinding units with a total cement grinding capacity of 3.4 million tonnes. These are located in Prayagraj in Uttar Pradesh, Madhubani in Bihar, and Patratu in Jharkhand. This expansion project is expected to cost ₹2,500 crore, to be financed through ₹1,750 crore in bank loans and internal accruals for the balance.

    These investments will boost the company’s total cement capacity closer to its long-term vision of 30 million tonnes by 2030.
    Consolidated Financial Performance
    On a consolidated basis, JK Lakshmi Cement reported ₹6,193 crore in revenue in FY25 compared to ₹6,788 crore in FY24. Profit after tax was ₹302 crore for the year, down from ₹488 crore in FY24. PBIDT stood at ₹911 crore.
    For Q4FY25, consolidated PAT rose to ₹193 crore, a sharp increase from ₹162 crore in Q4FY24. Sales volume for the quarter reached 36 lakh tonnes. For the year, consolidated sales stood at 121 lakh tonnes.

    Awards and Recognition
    JK Lakshmi Cement was honored as the third fastest-growing cement company in India in the medium category at the Indian Cement Review Awards 2025. Its Kalol Grinding Unit received multiple recognitions including a Safety Award from the National Safety Council and a Quality Circle Award from the Bureau of Indian Standards. The Durg Unit earned a four-star safety rating from the National Safety Council and was also recognized for excellence in transportation and supply chain performance in Northern India.
    Market Outlook
    The company remains optimistic about the sector’s outlook. It anticipates a strong year ahead driven by government-led infrastructure spending, road and housing projects, and a favorable interest rate cycle. The management expects improved margins and better realizations with stabilization in fuel and freight costs.
    JK Lakshmi Cement is part of the JK Organisation, a 135-year-old business conglomerate with operations in tyres, paper, textiles, power transmission, and sealing solutions. Founded in 1982, the company has cement plants in Rajasthan, Chhattisgarh, and Gujarat, with split grinding units in Haryana, Odisha, Uttar Pradesh, Bihar, and Jharkhand. It currently has a combined cement manufacturing capacity of 16.4 million tonnes per annum.
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  • Interarch Building Solutions Reports Record FY25 Performance as PAT Rises 25 Percent to ₹108 Crore

    India’s pre-engineered building major reports highest-ever revenue, announces maiden dividend, and outlines 40,000 MT capacity expansion

     Interarch Building Solutions Ltd., a leader in India’s pre-engineered steel construction space, has delivered its strongest annual performance to date. The company reported a 25 percent increase in profit after tax for FY25, reaching ₹108 crore, compared to ₹86 crore in FY24.
    Consolidated revenue for the year climbed to ₹1,454 crore, representing a 12.4 percent year-on-year growth. EBITDA grew to ₹136 crore, up from ₹113 crore last year. The EBITDA margin improved to 9.4 percent, reflecting gains in operational execution and cost efficiency. In Q4 FY25 alone, revenue grew by over 20 percent while profit after tax rose to ₹39 crore, marking a 30 percent increase over the same quarter last year.
    Managing Director Arvind Nanda emphasized that this milestone year is also marked by the company’s first-ever dividend. The board has recommended ₹12.50 per equity share, citing robust cash reserves, a zero-debt balance sheet, and consistent earnings growth.

    Order Book and Capacity Expansion Set the Stage for FY26
    Interarch’s order book stood at ₹1,646 crore as of April 30, 2025. To meet rising demand, the company has fast-tracked multiple facility upgrades. Phase one of its fifth manufacturing plant in Athivaram, Andhra Pradesh, is underway. Phase two, along with a new heavy-structure plant in Kiccha, Uttarakhand, is expected to go live in the first quarter of FY26.
    These expansions will increase Interarch’s total installed capacity from 1,61,000 metric tonnes to nearly 2,00,000 metric tonnes. The company is also establishing a new unit dedicated to pre-engineered heavy steel structures. This facility will cater to high-load, large-scale projects in segments such as data centers, semiconductor parks, and renewable energy installations.
    Strategic Partnerships Fuel Growth Vision
    In FY25, Interarch deepened its collaborations with industry giants Jindal Steel and Power and Moldtek Technologies. These partnerships are focused on driving smart steel-based design in urban infrastructure and high-rise construction. They bring together modular construction methods, optimized timelines, and cost-efficient delivery systems for critical infrastructure projects.
    According to the company, these alliances will help accelerate Interarch’s reach into smart cities, logistics hubs, commercial complexes, and large-format industrial estates.

    Business Segments Diversify to Meet Community Needs
    Interarch’s portfolio now includes both industrial and non-industrial solutions. Its vertical Interarch Life offers prefabricated construction systems for schools, hospitals, and housing projects. These structures are engineered with lightweight wall framing systems that are earthquake resistant and termite proof. They also support rapid deployment and dismantling for reuse.
    In the industrial segment, Interarch’s TracDek® roofing and cladding solutions and TRAC® metal ceilings continued to gain market share. These products are built using recyclable materials, meet strict hygiene standards, and are deployed in sectors including healthcare, warehousing, and education.
    FY25 Financial Overview
    Revenue reached ₹1,454 crore in FY25, compared to ₹1,263 crore the previous year. EBITDA rose to ₹136 crore, an increase of more than 20 percent. Net profit rose to ₹108 crore. Earnings per share for FY25 stood at ₹68.51, up from ₹58.68 in FY24.
    For Q4 FY25, revenue totaled ₹464 crore and profit after tax was ₹39 crore. These figures represent the company’s strongest quarterly results ever. The board’s proposal of a ₹12.50 per share dividend represents a 125 percent payout on a ₹10 face value share.

    About Interarch Building Solutions Ltd.
    Interarch was founded in 1983 and today stands as one of India’s largest integrated providers of turnkey pre-engineered steel buildings. With over four decades of experience, the company has delivered more than 5,000 projects in sectors ranging from automotive and logistics to public infrastructure and real estate.
    At Prittle Prattle News, we honor your dedication and inventiveness led by showcasing you in a positive light. Under the direction of Editor-in-Chief Smruti Bhalerao, our platform is committed to disseminating powerful narratives that raise awareness and motivate change. For more important stories, follow us on LinkedInInstagram, and YouTube.

  • Ajay Devgn’s Prismix Studios Partners with Get Set Learn to Transform Life Skills Education in India

    AI-powered storytelling meets K–12 education in a visionary alliance aimed at embedding empathy, communication, and collaboration into classrooms

    Get Set Learn (GSL), a K–12 education platform focused on future skills and backed by the Arvind Mafatlal Group, has entered into a transformative collaboration with Prismix Studios, a next-generation media company chaired by actor and producer Ajay Devgn. This partnership is poised to reshape how students across India learn essential human skills by delivering emotionally resonant, AI-enhanced storytelling content into school ecosystems.
    Founded by Vatsal Sheth, with Sahil Nayar as Chief Creative Officer and Danish Devgn as Chief Business Officer, Prismix Studios is driven by the belief that storytelling can become the core pedagogical tool in the age of generative AI. Together with Get Set Learn, the studio will co-create original, short-format learning content that reflects real-world scenarios while teaching skills such as empathy, teamwork, emotional intelligence, and resilience.

    Addressing the Gap Between Curriculum and Character
    As India aligns with the vision of the National Education Policy 2020, there is a growing call to teach not only academic subjects but also human values. According to Priyavrata Mafatlal, Co-founder at Get Set Learn and Vice Chairman of Arvind Mafatlal Group, this partnership intends to humanize education by making life skills feel personal and relatable.
    “Education must evolve to meet the needs of tomorrow. With this collaboration, we aim to infuse culture, emotion, and relevance into how students learn,” said Mafatlal. “Our vision is to reach every learner across India, whether in metropolitan schools or rural classrooms, with tools that prepare them to thrive in a world influenced by artificial intelligence and driven by empathy.”

    Making Learning Multilingual, Inclusive, and Personal
    Get Set Learn plans to distribute the content in multiple languages, ensuring it reaches a wide and diverse student base. Co-founder and CEO Ameet Zaverii explained that today’s learners are digital-first. They are more responsive to short, visual content that mimics the format of the platforms they already engage with.
    Each video will not only reflect classroom goals but also incorporate adaptive, AI-personalized layers. The approach will integrate storytelling with local context and emotional triggers that make learning stick.

    Co-Designing the Future of School-Based Media
    “Students are not just passive consumers. They seek stories that mirror their own experiences,” said Vatsal Sheth. “This collaboration merges GSL’s insights on learners with our ability to tell stories that make children feel seen and heard.”
    Actor and chairman Ajay Devgn echoed the sentiment, sharing that storytelling has always been a vehicle for change. The initiative will allow his studio to blend entertainment with education, ultimately reaching students where they are—inside the classroom and beyond.

    Beyond the Classroom: Expanding into OTT and Public Platforms
    While the content will debut within GSL’s institutional network, the collaboration plans to expand into OTT platforms, government learning programs, and private training systems. These efforts aim to create a broader awareness around human skills, moving them from the sidelines of the syllabus to the center of learning experiences.
    Sahil Nayar, Chief Creative Officer at Prismix Studios, emphasized that their focus is not just on what students learn but how they feel while learning. “Every story we tell will connect with the learner emotionally. We want to create perspective, not just memorization.”

    About Get Set Learn
    Get Set Learn (GSL) is an education startup focused on making character education and future-ready skills central to India’s K–12 learning systems. It creates engaging programs around empathy, resilience, and collaboration, and is backed by the Arvind Mafatlal Group.
    Website: https://getsetlearn.in
    Instagram: @getsetlearn.in
    About Prismix Studios
    Prismix Studios is an AI-powered storytelling company that produces content with purpose. Founded by Vatsal Sheth, Danish Devgn, and Sahil Nayar, and chaired by Ajay Devgn, the studio focuses on content that combines emotional impact with generative technology.
    At Prittle Prattle News, we honor your dedication and inventiveness led by showcasing you in a positive light. Under the direction of Editor-in-Chief Smruti Bhalerao, our platform is committed to disseminating powerful narratives that raise awareness and motivate change. For more important stories, follow us on LinkedInInstagram, and YouTube.

  • Ester Industries Posts ₹14 Cr Consolidated Profit in FY25, Marks Turnaround with 4735% EBITDA Growth

    Specialty polymers and recycled PET drive recovery. BOPET Films gain momentum as sustainability mandates take effect

    Ester Industries Ltd., India’s leading manufacturer of polyester films and specialty polymers, reported a consolidated net profit of ₹14 crore for FY25, marking a significant recovery from a loss of ₹121 crore in FY24. The company’s EBITDA surged to ₹164 crore, up from just ₹3 crore the previous year. This represents a year-on-year increase of over 4735 percent.
    This turnaround was driven by growth in both primary business segments. Polyester film and specialty polymers each contributed to improved margins. Demand for recycled PET, alongside a strategic product mix shift, added further momentum. Total consolidated revenue for FY25 stood at ₹1,298 crore, up 19 percent from ₹1,090 crore in FY24.
    Chairman Arvind Singhania credited the transformation to increased focus on high-value products and leaner operations. He cited stronger demand-supply alignment and expansion of the specialty polymers division as core drivers.

    Polyester Films Respond to New Environmental Compliance
    The film business returned to profitability in FY25 with a 15 percent rise in operational revenue. The improved performance was largely driven by better margins in value-added BOPET films. Following the April 2025 enforcement of India’s Plastic Waste Management Rules, which require 10 percent recycled content in flexible packaging, demand for recyclable polyester films is surging.
    Ester confirmed that it holds the necessary certifications to supply BOPET films with varied levels of post-consumer recycled (PCR) content. The company anticipates further growth in this segment as brand owners adopt more environmentally compliant packaging solutions.
    Specialty Polymers Showcase Strong Momentum
    The specialty polymers business continued its upward trajectory. Revenue in this segment increased 72 percent year-on-year. EBIT rose 164 percent compared to FY24. Sales of Ester’s proprietary MB03 increased from 948 metric tonnes to 1,323 metric tonnes. Sales of innovative PBT products nearly doubled from 772 metric tonnes to 1,484 metric tonnes in FY25.
    Recycled PET products also recorded significant gains. Although margins in this sub-segment are lower than in traditional specialty polymers, volume growth and higher realizations contributed positively to overall performance.

    Strategic Circular Economy Push with Loop Industries
    Ester reaffirmed that its joint venture with Canadian recycling leader Loop Industries Inc. is proceeding as planned. The 50:50 venture, named Ester Loop Infinite Technologies Pvt. Ltd., aims to develop India’s first infinite loop manufacturing facility for DMT and MEG production from PET waste using Loop’s patented depolymerization technology.
    The facility supports India’s transition toward a circular plastics economy and complements Ester’s ongoing push to evolve from commodity film manufacturing to sustainable materials leadership.
    Financial Performance Overview
    The standalone EBITDA reached ₹134 crore in FY25, compared to ₹23 crore in FY24, while consolidated revenue rose 19 percent to ₹1,298 crore. The EBITDA margin improved sharply to 13 percent, up from just 0.3 percent a year ago. Net profit for the consolidated business reached ₹14 crore after a previous loss of ₹121 crore. The board has proposed a final dividend of ₹0.60 per equity share, pending shareholder approval at the upcoming AGM.

    Building for Sustainability and Scale
    Ester Industries holds over 18 granted patents and maintains three advanced manufacturing sites across India. The company exports to more than 50 countries across North America, Europe, Asia-Pacific, and the Middle East. It services diverse sectors including flexible packaging, textiles, consumer electronics, and technical applications.
    With a 550-member workforce and ISO 9001, ISO 14001, ISO 45001, ISO 50001, and FSSC certifications, Ester aims to further expand its leadership in sustainable plastics innovation.
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  • Paytm Launches ‘Hide Payment’ Feature to Strengthen User Privacy in Digital Transactions

    India’s leading payments platform introduces subtle control in how transactions are displayed

    Paytm, operated by One97 Communications Ltd, has introduced a new privacy-first feature called ‘Hide Payment.’ This function allows users to conceal selected transactions from their payment history, offering more discretion without compromising security or access.
    Available through the latest Paytm app update, this feature emerged from customer feedback. It allows individuals to hide specific payments in the “Balance & History” section. To unhide a transaction, users must authenticate through either a PIN or biometric verification. The Paytm team emphasized that this function does not delete transaction data but simply alters its display within the app’s interface.
    A Paytm spokesperson stated that modern users want intuitive ways to manage visibility. The ‘Hide Payment’ capability directly answers that need, providing control while retaining full data integrity for reconciliations, audits, and reporting.

    Real-World Use Cases for Modern Privacy Needs
    For daily digital life, ‘Hide Payment’ is useful across numerous personal and professional situations. A user might prefer to hide transactions related to surprise gifts, pharmacy purchases, health consultations, or business reimbursements that should not clutter shared financial views. It also benefits individuals using shared family accounts or those managing business and personal payments through a single interface.
    To hide a transaction, users simply swipe left on the entry in their payment history and select the ‘Hide’ option. If they later wish to reverse it, they can go to the settings menu, navigate to “View Hidden Payments,” and verify access. Once authenticated, the transaction reappears in the standard history view.

    Strengthening India’s Digital Finance Experience
    ‘Hide Payment’ joins a growing suite of consumer-centric features introduced by Paytm. The company has recently rolled out UPI Lite, which allows for frictionless micropayments. Other updates include the integration of RuPay Credit Cards with UPI, AutoPay for recurring subscriptions, and QR Widgets for faster scanning.
    In addition to domestic features, Paytm now facilitates international UPI transactions. Users can initiate and receive cross-border payments across the United Arab Emirates, Singapore, France, Bhutan, Sri Lanka, and Mauritius. This step aligns with Paytm’s long-term vision to become a truly borderless financial interface for Indians at home and abroad.

    Paytm’s User-First Design Philosophy
    With over 300 million registered users and a merchant network reaching millions, Paytm has firmly established itself as India’s top digital finance platform. The ‘Hide Payment’ feature builds on this trust by allowing consumers to manage how they view and present their transaction records. The ability to compartmentalize financial data enhances both privacy and personalization without compromising backend compliance.
    In its latest update, the company highlighted that real-world behavior and digital responsibility continue to shape its product roadmap. The aim is not just convenience but intelligent control over digital financial tools.

    Paytm, founded and operated by One97 Communications Ltd, is India’s most widely adopted digital payments and financial services platform. It introduced mobile QR payments to India and remains a leader in fintech integrations. Today, Paytm supports transactions across retail, travel, healthcare, utilities, and education, while also offering insurance, ticketing, subscription tools, and merchant support.
    Its offerings include Soundbox for merchants, UPI services, Paytm Wallet, and linked financial instruments for everyday usage. As Paytm evolves, it maintains a single vision: to serve India with scalable, intuitive, and secure financial tools for all contexts.
    At Prittle Prattle News, we honor your dedication and inventiveness led by showcasing you in a positive light. Under the direction of Editor-in-Chief Smruti Bhalerao, our platform is committed to disseminating powerful narratives that raise awareness and motivate change. For more important stories, follow us on LinkedInInstagram, and YouTube.

  • Barracuda Networks Appoints Michelle Hodges as SVP of Global Channels and Alliances

    Cybersecurity company Barracuda names a seasoned expert to expand partner collaboration and market presence

    Barracuda Networks, a global provider of cybersecurity solutions, has appointed Michelle Hodges as its new Senior Vice President of Global Channels and Alliances. With over 20 years of experience across major technology companies, Hodges will lead Barracuda’s global partner program and channel development efforts.
    Hodges previously served as SVP of Global Channels and Alliances at Ivanti, where she revamped partner models and scaled the business globally. She has also held executive roles at GitLab, VMware, SAP, Microsoft, Riverbed, and Gigamon. Her leadership approach is backed by proven success in optimizing alliance programs and unlocking new revenue paths for enterprise partners.

    Channel Strategy and Program Enhancement
    At Barracuda, Hodges is expected to guide the Partner Success Program into its next phase, focusing on ease of doing business, product readiness, and mutual growth.
    According to Geoff Waters, Chief Revenue Officer at Barracuda: “Michelle understands channel dynamics at every level. She’s not here to impose a template, but to build a system that works across varied global markets.”
    Recognized by CRN as a Channel Chief, Hodges has been featured among the Power 100 Women of the Channel, and highlighted by Channel Futures as a cybersecurity leader.

    Professional Background
    Hodges holds a Master of Business Administration and a Master of Arts in International Policy Studies from the Middlebury Institute of International Studies. She earned her BA from Whittier College in French Literature and Philosophy.
    She said, “Barracuda’s position as a channel-first company aligns with my experience. Our mission now is to refine how partners engage, sell, and support customers using our security products.”

    About Barracuda
    Founded in 2003, Barracuda Networks, Inc. delivers cloud-first security solutions for email protection, data protection, network security, and managed XDR. The company supports over 200,000 organizations worldwide.
    At Prittle Prattle News, we honor your dedication and inventiveness led by showcasing you in a positive light. Under the direction of Editor-in-Chief Smruti Bhalerao, our platform is committed to disseminating powerful narratives that raise awareness and motivate change. For more important stories, follow us on LinkedInInstagram, and YouTube.

  • Infra.Market Doubles Down on Ceramics: Crosses 81.57 Million Sq. M Tile Capacity, Secures #2 Spot in India

    Infra.Market emerges as a dominant force in India’s ceramics landscape with 5x growth and exports to 40+ countries

     Infra.Market, the construction-tech unicorn redefining India’s building materials sector, has officially crossed an installed capacity of 81.57 million square meters in ceramic tiles. This milestone makes it the second-largest tile manufacturer in India by installed capacity, leapfrogging many legacy players and showcasing its rapid evolution from materials aggregator to multi-brand ceramics powerhouse.
    Strategic Growth: A 5x Jump in Less Than 4 Years
    With a manufacturing network of 19 plants, Infra.Market has expanded tile production fivefold since FY21. The company attributes this acceleration to a multi-brand product architecture that serves tiered consumer segments, a tech-integrated supply chain that spans raw material sourcing to last-mile delivery, and an export-driven strategy that now contributes 25% to 30% of tile revenues.
    The growth trajectory reflects a clear shift in the Indian tiles industry, shifting from commoditized output to design-led and value-engineered products, tailored for both domestic and global markets.

    Portfolio Breakdown: Precision Targeting Across Segments
    Infra.Market’s ceramic dominance is built on a structured product segmentation. Emcer delivers premium slabs and contemporary finishes for architects and upscale developers. IVAS supplies mass-premium tiles and quartz lines for the style-conscious value buyer. Millennium Tiles offers budget-optimized solutions for volume-heavy infrastructure and affordable housing projects.
    Each brand addresses a clearly defined buyer persona, including OEMs, real estate developers, contractors, and architects, which enhances cross-sell potential and market reach.
    India’s Ceramic Surge: A Market Ripe for Disruption
    According to estimates tracked via industry portals and trade data, India’s ceramic tile sector stood at ₹59,500 crore in 2023 and is projected to surpass ₹70,700 crore by FY26. This demand spike is powered by public housing missions and PMAY-driven residential growth, increased renovation cycles in Tier 1 and Tier 2 cities, and export traction from price-sensitive global markets like MENA and Eastern Europe.

    Export-Led Expansion and Global Ambitions
    Infra.Market’s ceramic exports span 40+ countries. The company is actively building distribution pipelines in GCC markets, Africa, and North America. Backed by participation in global trade fairs like CERSAIE and Cevisama, its design-forward slabs and engineered tiles have gained significant interest.
    Operational Strength: Scale Meets Agility
    The company’s in-house tech platform enables seamless integration of demand forecasting tied to construction project lifecycles, ensuring Infra.Market stays responsive to fluctuating infrastructure demands. Dynamic logistics routing facilitates seamless delivery for both B2B and B2C channels, while inventory pooling across a network of 12,000+ dealers and 250+ units enhances distribution efficiency.
    By embedding technology into each stage, from design to delivery, Infra.Market reduces fulfilment cycles and ensures higher dealer stickiness.

    Future Roadmap: Deeper Into Design and Digital
    Infra.Market is now investing in digital showrooms across India to support consumer choice journeys, in-house design labs for surface aesthetics and durability testing, and sustainable ceramics using recycled inputs and energy-efficient kilns.
    This strategy supports not just volume leadership, but design leadership, which will define the next wave of ceramic differentiation.
    Leadership Commentary
    “The Indian tile industry is entering a new era where finish, design, and delivery speed matter as much as pricing,” said Aaditya Sharda, Co-founder, Infra.Market. “Our scale gives us the operational edge, while our multi-brand strategy ensures we stay relevant across consumer segments.”

    About Infra.Market
    Founded in 2016, Infra.Market operates across 15+ product verticals including Concrete, Steel, MDF, Laminates, Pipes, Bathware, and Paints. With over 10,000 retail outlets, 30 flagship showrooms, and a footprint in 25+ countries, the company blends manufacturing with technology to make construction materials accessible, traceable, and high-quality.
    Infra.Market Official Website | LinkedIn | Instagram
    Discover more about Infra.Market’s latest ceramic innovations at Emcer Tiles, explore the style portfolio at IVAS, and review high-volume project solutions at Millennium Tiles.
    India’s ceramics export momentum can be tracked via APEDA’s Export Reports and updates from the Indian Ceramic Society.
    For macro insights into the construction-tech space, follow Invest India’s Building Materials Sector Overview and CREDAI India.
    Export growth is further documented via DGFT India and India Brand Equity Foundation.
    At Prittle Prattle News, we honor your dedication and inventiveness led by showcasing you in a positive light. Under the direction of Editor-in-Chief Smruti Bhalerao, our platform is committed to disseminating powerful narratives that raise awareness and motivate change. For more important stories, follow us on LinkedInInstagram, and YouTube.

  • Naptapgo Raises ₹2 Crore from Inflection Point Ventures to ExpandPod Hotel Model Across Urban and Religious India

    Backed by PSU Balmer Lawrie and endorsed by Anand Mahindra, the startup plans 20 properties by FY27, offering flexible, tech-driven hospitality at transit hubs and city centres; founders Nitin Malhotra and Himanshu Shukla aim to redefine short-stay travel for India’s growing mobile population

    Naptapgo, a pod hotel startup redefining affordable hospitality, Naptapgo secures ₹2 Cr funding in Pre-Seed round from Inflection Point Ventures. The funds will be used to drive growth across key areas like franchise development, marketing, technology enhancements, and developing innovating techniques to enhance customer experience. This strategic investment will accelerate Naptapgo’s expansion across urban and religious hubs, strengthening its commitment to offering clean, affordable, and flexible accommodations at affordable price.
    Naptapgo is pioneering a new hospitality model by providing affordable luxury through compact, efficient spaces. The startup operates in the NCR business city vertical and will expand to religious cities like Katra and Amritsar in FY26, aiming to reach 20 properties by FY27. Its innovative approach, including flexible check-ins, hourly stays, and sustainability-driven operations, sets it apart in the competitive hospitality market.

    Founded by Nitin Malhotra (Founder & CEO) and Himanshu Shukla (Co-Founder & VP Ops), Naptapgo is backed by their extensive industry experience. Nitin, an MBA graduate from Symbiosis and incubated at IIML, previously founded 247around (acquired) and held leadership roles at Texas Instruments and ST Microelectronics. Himanshu, also incubated at IIML, brings deep hospitality expertise from his tenure at Chaayos, Taj, and Jaypee Resorts, supported by his hotel management background from IHM Lucknow. Together, they aim to disrupt the hospitality industry with innovative, guest-centric solutions.

    Vinay Bansal, Founder & CEO, IPV, says ‘The hospitality industry is at its peak with globalisation and digital connectivity, yet customer satisfaction has not kept pace. Over the time, hotel prices have surged while service standards have remained stagnant. NapTapGo is changing this by offering an innovative pod-hotel experience at an economical price without compromising on quality. Its accessibility and affordability for luxury spaces connects with millions of travelers seeking short-stay accommodations. At IPV, we believe NapTapGo is poised to tap into a massive market of travelers looking for smart, cost-effective lodging solutions”
    Naptapgo’s rapid expansion is fueled by its unique operational model. Currently active in NCR, the startup plans to launch properties in Gurgaon, Bangalore, Mumbai, Katra and Amritsar, with a goal of 20 properties by FY27. The company’s ability to achieve 65% direct bookings through its website and WhatsApp channel underscores its customer-centric approach and operational efficiency.
    A key strength of Naptapgo lies in its affordable luxury model, combining strategic location focus, compact efficiency, and flexible stay options through strong technology plugins. The company’s commitment to sustainability and operational excellence ensures an optimized guest experience while maintaining cost efficiency. This innovative model has earned Naptapgo accolades such as “Franchisable Concept of the Year 2024” and “Best Booth of the Year 2024.”

    Nitin Malhotra & Himanshu Shukla, Co-Founders of NapTapGo, says, “We have had an incredible journey with the IPV team, receiving constructive feedback that has strengthened our business framework. At Naptapgo, our goal is to be a significant player in the $1300 billion global hotel market, starting with India, and to redefine the perception of the Indian affordable hotel segment. Customer experience remains our key differentiator as we strive to create value for both our franchises and shareholders.”
    Naptapgo has garnered significant industry recognition, including a strategic investment from Government of India PSU Balmer Lawrie and a notable endorsement from Anand Mahindra, who highlighted how the startup addresses the affordable hospitality challenge.

    The Indian hotel industry is valued at $30 billion and is projected to grow to $55 billion by 2030, with an annual growth rate of 10.8%. Globally, the market is worth $1300 billion, presenting a substantial opportunity for Naptapgo as it scales its innovative hospitality model
    out Naptapgo:
    Naptapgo is a pod hotel startup offering clean, hygienic, and affordable accommodations for modern travelers. Under its strategically envisioned verticals, transit hubs, religious locations, urban centers, and hospitals, Naptapgo redefines short-stay experiences with innovative AI technology, flexible check-ins, and a focus on sustainability. With properties in Noida and upcoming locations in Katra, Amritsar, and Gurgaon, the company is rapidly expanding across India.

    Inflection Point Ventures (IPV) is an angel investing platform with over 23,500+ CXOs, HNIs, and Professionals to together invest in startups. The firm supports new-age entrepreneurs by providing them with monetary & experiential capital and connecting them with a diverse group of investors. IPV has launched a $50 Mn CAT 2 VC fund, Physis Capital, to invest in Pre-Series A to Series B growth-stage start-ups. The fund has already deployed capital in two startups so far, with a few deals in advanced stages of pipeline.
    At Prittle Prattle News, we honor your dedication and inventiveness led by showcasing you in a positive light. Under the direction of Editor-in-Chief Smruti Bhalerao, our platform is committed to disseminating powerful narratives that raise awareness and motivate change. For more important stories, follow us on LinkedInInstagram, and YouTube.

  • Mumbai Metro Line 3 Opens BKC to Worli Section, Property Value Rises Up to 15% in Dadar, Andheri, and JB Nagar

    With the 9.8 km underground phase now open and the full 33.5 km corridor expected by August 2025, developers including Sugee Group, Transcon, and Chandak report increased buyer interest, faster site visits, and renewed demand in Santacruz, Prabhadevi, and Vile Parle

    Mumbai’s urban grid is shifting. With the newly operational Phase 2 of Metro Line 3 connecting Bandra Kurla Complex to Worli, the city’s north-south mobility is no longer defined by road traffic alone. The underground corridor, opened in early 2025, has already reduced travel time between commercial and residential zones and is quietly rewriting the city’s real estate logic above ground.
    According to data shared by real estate consultants and developers, residential property value in areas like Dadar, Andheri, and JB Nagar has seen an increase of up to 15 percent over the last year. This growth is tied directly to improved infrastructure and changing patterns in buyer behaviour. The full 33.5 km Aqua Line, stretching from Aarey to Cuffe Parade, is on track for completion by August 2025, according to the Mumbai Metro Rail Corporation Ltd. (MMRCL).
    The realignment of real estate interest is visible not just in sales data but in the language and confidence of developers along key metro corridors.

    Nishant Deshmukh, Founder and Managing Partner of Sugee Group, explained how Metro Line 3 is redefining access within South Mumbai. “Areas in South Mumbai like Dadar and Prabhadevi are now better connected to suburban employment hubs. We’ve already seen a noticeable uptick in inquiries and walk-ins since the BKC–Worli section opened. This infrastructure is not just improving access. It’s changing how people evaluate which neighbourhoods are liveable and valuable.”
    The western suburbs are also experiencing visible momentum. Shraddha Kedia-Agarwal, Director at Transcon Developers, described the behavioural shift among mid-income buyers. “Metro Line 3, together with the western link corridors, is helping families choose areas like Santacruz, Andheri, and Malad not just for convenience but for quality of life. Site visits are up. Decision timelines are shorter. It’s a new pattern.”

    Further up the line, in micro-markets like JB Nagar and Vile Parle, new developments are gaining traction. A spokesperson for Chandak Group noted that demand is no longer driven only by price. “We’re seeing sustained interest in premium residential projects, especially those with gated amenities. The metro has expanded the psychological map of where people are willing to invest long term.”
    The Mumbai Metropolitan Region Development Authority (MMRDA) estimates that the full Metro Line 3 rollout will cut north–south vehicular traffic by 35 percent and shift a significant portion of daily commutes underground. This, in turn, will reduce pressure on arterial roads and boost reliability for working professionals traveling across the city.
    With the full 33.5 km Metro Line 3 corridor nearing completion, including high-demand zones like Aarey, Mahalaxmi, and Cuffe Parade, the real estate conversation is moving from speculation to strategy. For developers, the question is no longer whether infrastructure will shape value. It is how quickly their offerings can respond to it.

    As urban mobility improves, both central and western parts of Mumbai are evolving into investment corridors. Areas once considered transitional, not quite close to heritage South Mumbai nor part of the Navi Mumbai expansion, are now becoming high-engagement micro-markets for developers and end-users alike.
    At Prittle Prattle News, we view Metro Line 3 as more than a transport upgrade. It is a catalyst of civic renewal. Where connectivity deepens, mobility leads to migration, and infrastructure begins to inform identity. This is not just a story about rising property value. It is a shift in how Mumbai moves, grows, and lives.
    At Prittle Prattle News, we honor your dedication and inventiveness led by showcasing you in a positive light. Under the direction of Editor-in-Chief Smruti Bhalerao, our platform is committed to disseminating powerful narratives that raise awareness and motivate change. For more important stories, follow us on LinkedInInstagram, and YouTube.