Category: Business

  • Shell India and DGT Launch Green Skills & EV Training Initiative for Indian Youth

    A major push toward climate-ready careers: Shell India partners with the Directorate General of Training to launch electric mobility and green energy programs across ITIs and NSTIs.

     In a strategic move to align India’s workforce with the demands of a green economy, Shell India and the Directorate General of Training (DGT) under the Ministry of Skill Development and Entrepreneurship have jointly launched a national Electric Vehicle (EV) and Green Skills Training Program. Implemented by the Edunet Foundation, this initiative brings industry-aligned, future-focused vocational training to young learners across five key Indian states.
    Building Climate-Ready Skillsets
    Specialized EV skill labs will be established in select Industrial Training Institutes (ITIs) and National Skill Training Institutes (NSTIs) in:

    • Delhi-NCR
    • Maharashtra
    • Tamil Nadu
    • Gujarat
    • Karnataka

    Students will undergo structured training in battery technology, diagnostics, EV systems, safety protocols, and digital tools. With co-branded certifications, career guidance, and placement support built in, the initiative aims to train thousands for climate-positive careers.

    Modular Training Model

    • 240-hour EV Technician Course at NSTIs
    • 90-hour Job-Oriented Course at ITIs with labs
    • 50-hour Foundational Green Skills Module at satellite ITIs

    The program also includes Training of Trainers (ToT) for 250+ instructors to ensure standardization and scalability

    Strategic Goals

    • Equip students with EV-specific diagnostics and digital literacy
    • Foster green job pathways in electric mobility and clean energy
    • Support India’s net-zero commitments and EV ecosystem expansion
    Government + Industry Voices

    Shri Jayant Chaudhary, Minister of State (Independent Charge), MSDE:

    “This initiative creates a workforce that is not just job-ready but climate-ready.”

    Smt. Trishaljit Sethi, Director General, DGT:

    “Our collaboration with Shell bridges India’s green goals with grassroots skilling.”

    Mansi Madan Tripathy, Chairperson, Shell India:

    “This program empowers the next generation with hands-on, employable green energy skills.”

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  • Redcliffe Labs Reveals Men Face Greater Heart Risk in India, Launches Free hs-CRP Test Campaign for Father’s Day

    New nationwide data shows Indian men exhibit higher levels of cardiac risk markers, Redcliffe Labs responds with preventive screening initiative for men.

    India, June 13, 2025 ,  As Father’s Day approaches, Redcliffe Labs has released a comprehensive pan-India health study that unveils a concerning trend: Indian men exhibit significantly more abnormal results in key heart health markers than women. The study analyzed over 1 lakh diagnostic records from across the country, spotlighting the urgent need for early detection.
    To address this issue, Redcliffe Labs is offering a free hs-CRP (High-Sensitivity C-Reactive Protein) test with every men’s full-body health check-up as part of its Father’s Day campaign.
    Key Study Highlights

    • Cholesterol: 40.2% of men vs. 29.6% of women had elevated total cholesterol
    • LDL (“Bad” Cholesterol): 43.9% of men vs. 31.7% of women
    • Triglycerides: 37.4% of men vs. 27.1% of women
    • hs-CRP (Inflammation Marker): 45.3% of men vs. 34.2% of women

    These metrics are early indicators of chronic cardiovascular risk, including strokes, heart attacks, and arterial blockages.

    “Heart Disease Doesn’t Happen Overnight”
    “Men are at higher risk not because of fate, but because of avoidance,” said Aditya Kandoi, Co-founder & CEO of Redcliffe Labs. “These results are red flags waving years in advance. Our Father’s Day initiative isn’t just a campaign, it’s a wake-up call.”
    The data suggests Indian men are disproportionately affected due to late diagnostics, unmanaged stress, dietary issues, and delayed medical interventions. Redcliffe Labs’ mission is to change this narrative from reaction to prevention.
    Campaign Details

    • Offer: Free hs-CRP test with every men’s full-body checkup
    • Validity: June 14–24, 2025
    • Locations: 220+ cities, 80+ labs, and home-collection available
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  • Moneyboxx Finance Bats Big for Bharat: T20 Sponsorship Redefines Grassroots Financial Empowerment

    Cricket and credit converge as Moneyboxx Finance steps onto the T20 pitch with purpose, bridging aspiration and access in rural India.

    National, June 13, 2025 , In a strategic move underscoring its grassroots vision, Moneyboxx Finance Ltd., a BSE-listed NBFC specializing in micro-entrepreneur lending, has entered the sports sponsorship arena by partnering with two regional cricket franchises: Anmol Kings Halar (Saurashtra Pro T20 League) and Sobisco Smashers Malda (Bengal Pro T20 League).
    The campaigns, which run from June 7 to 20, mark a bold departure from traditional branding approaches. Rather than focusing solely on visibility, Moneyboxx’s initiative is rooted in emotional relevance, embedding its brand alongside dreams taking shape on the cricket field and in India’s heartland bazaars.
    “Cricket and credit may seem like distant worlds, but they share a common theme: belief, opportunity, and breakthrough, ” says Mr. Mayur Modi, Co-Founder of Moneyboxx Finance Ltd. “We’re not just advertising, we’re amplifying ambition where it matters most.”

    Tapping into Regional Passion
    By investing in Saurashtra and Bengal’s rising T20 circuits, Moneyboxx isn’t chasing eyeballs, it’s nurturing loyalty. These regional teams command fierce local followings, and aligning with them puts Moneyboxx in direct touch with its primary demographic: small-town entrepreneurs and underserved communities.
    The trouser branding on both teams provides Moneyboxx with not just visual placement but cultural participation. Cricket is more than a game in India; it is an emotional epicenter. This strategic convergence allows the company to embed its mission into the passions of Bharat’s Tier 2 and Tier 3 towns.
    A Purpose-Driven Campaign
    Moneyboxx Finance serves micro and small enterprises, livestock owners, kirana shopkeepers, rural artisans, who are often outside the radar of traditional banking. With loans ranging from INR 1–10 lakh, the company has disbursed growth capital across 12 states, including Gujarat, West Bengal, Rajasthan, and Uttar Pradesh.
    As of June 2025, Moneyboxx operates 163 branches in semi-urban and rural regions, enabling a deep physical footprint that resonates with the local cricketing fervor. The T20 campaign furthers this presence not just in a marketing sense but as a trust-building initiative.

    Sport as a Platform for Inclusion
    India’s T20 leagues are no longer just about competition, they’re about representation. Much like micro-entrepreneurship, cricket at the regional level is fueled by hustle, grit, and community pride. Both reflect India’s everyday aspirations.
    Moneyboxx’s choice to sponsor these teams sends a strong signal: financial inclusion is not a boardroom narrative, it’s a grassroots action plan. The move is especially significant at a time when India is striving to formalize its vast informal economy.
    From Brand Exposure to Brand Experience
    Instead of traditional mass media campaigns, this partnership allows Moneyboxx to engage authentically. Viewers in Gujarat and West Bengal aren’t just seeing a logo, they’re experiencing a brand that champions their story.
    This shift from exposure to experience is critical in an era of attention fatigue. Emotional connections now drive consumer trust more than frequency of ad impressions.

    Financial Empowerment: On and Off the Field
    Moneyboxx believes that talent and tenacity deserve a platform, whether it’s a batsman in Halar or a weaver in Malda. The slogan “Dreams deserve a chance, whether on the cricket field or in the bustling marketplace” encapsulates the company’s dual vision: sports as inspiration, finance as enabler.
    As grassroots cricket produces India’s future stars, Moneyboxx continues funding future business leaders from the same regions.
    Moneyboxx Finance Ltd. is a non-deposit-taking, base-layer NBFC listed on the Bombay Stock Exchange. With a mission to transform credit access in underserved India, it provides secured and unsecured business loans to micro-entrepreneurs across agriculture, retail, manufacturing, and services sectors.
    Headquartered in Gurugram, Haryana, its operational strength lies in its deep market understanding, data-backed underwriting models, and a human-first lending approach.

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  • Forests by Heartfulness Aims to Plant 30 Million Trees by 2030, Leading India’s Ecological Renaissance

    sets a national precedent in sustainable afforestation, combining scientific forestry with spiritual sensitivity and grassroots community participation

    On World Environment Day 2025, Forests by Heartfulness (FBH), a flagship initiative of the Heartfulness Institute, reaffirmed its ambitious pledge to raise 30 million trees by 2030. With a 90 percent plant survival rate and a methodologically unique model rooted in regenerative ecology and spiritual sensitivity, the initiative is fast emerging as a national benchmark in large-scale afforestation.
    Currently operating across 12 Indian states, Forests by Heartfulness has already planted over 3 million trees across 10,000 acres of degraded landscapes. Its 20 native nurseries house six million saplings spanning 330 endemic species. With 80 endangered species already conserved, the project stands as one of India’s most comprehensive ecological regeneration campaigns.

    According to Dr. V. Ramakantha, Retired IFS and Chairman of Forests by Heartfulness, “With the inspiration of Daaji, we are blending traditional wisdom with ecological science to deliver impact. Children, youth, and entire communities are participating, not just to plant trees, but to rebuild ecosystems.”
    The FBH model avoids superficial greening practices. Instead, it uses phytosociological surveys to choose sites, enriches degraded soil with biochar and microbial activators, and nurtures layered forest ecosystems. Shrubs, herbs, creepers, and grasses are cultivated alongside trees to recreate natural biodiversity.

    FBH’s work spans water conservation, livelihood generation, and biodiversity protection. So far, 35 lakes have been restored or built to store 77 crore litres of water. Over 1,200 mature trees have been relocated with an 80 percent success rate.
    Projects in Ratlam (Madhya Pradesh), Mehsana (Gujarat), and Delhi NCR are transforming scrub forests into dense native ecosystems. In Mehsana’s Taranga Hills, 150,000 sandalwood trees are part of a broader plan to plant 625,000 saplings supported by rain guns that simulate rainfall—the largest such deployment in the world.
    This afforestation project is not only reviving barren land but also aims to create more than 10,000 green jobs nationwide, with over 1,000 employment opportunities expected in Gujarat alone.

    Initiatives like ‘Ek Ped Maa Ke Naam’, aligned with Prime Minister Narendra Modi’s environmental vision, have been launched to merge ecological action with cultural reverence. This unique approach celebrates motherhood through tree planting as a form of living tribute.
    With the second half of the UN Decade on Ecosystem Restoration now underway, Forests by Heartfulness is positioned as a globally scalable model that combines grassroots activism, scientific forestry, and contemplative practice.
    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.

  • Schneider Electric Launches TeSys Deca Advanced 115A & 150A in India, Elevates Green Industrial Innovation

    Schneider Electric strengthens its motor control portfolio in India with the launch of TeSys Deca Advanced contactors, delivering durability, CO₂ savings, and ease of deployment across industrial sectors.

    Schneider Electric, the global leader in energy management and industrial automation, has introduced its latest TeSys Deca Advanced 115A and 150A motor starters to the Indian market. The launch strengthens Schneider Electric’s portfolio of high-efficiency motor control solutions, emphasizing operational simplicity, robust design, and environmental sustainability.
    The new TeSys Deca Advanced range is engineered to optimize uptime, reduce environmental impact, and streamline industrial operations. With features tailored for demanding sectors including manufacturing, mining, utilities, and infrastructure, the launch marks another milestone in Schneider Electric’s mission to enable smarter, more sustainable industries.

    Nikhil Pathak, Vice President, Digital Energy and Power Products, Schneider Electric, Greater India, said, “Innovation at Schneider Electric goes beyond technology. It’s about value creation for customers and the environment. TeSys Deca Advanced represents our commitment to durable, smart, and environmentally conscious solutions that can perform reliably even in India’s toughest operating conditions.”
    Designed to support India’s sustainability agenda, the TeSys Deca Advanced lineup features a 22 percent reduction in CO₂ emissions compared to traditional equivalents. This is achieved through Schneider’s green design philosophy, which minimizes lifecycle environmental impact without compromising on performance.

    Engineered for longevity, the contactors are capable of maintaining consistent performance in harsh industrial conditions. Built for compatibility with high-efficiency motors, the products are designed to work seamlessly across a broad range of OEM and panel builder configurations. The simplified architecture supports an 80 percent reference reduction and 20 percent workload savings, significantly enhancing time-to-market for integrators.

    Available now through Schneider Electric’s certified channel partners and authorized distributors across India, the TeSys Deca Advanced 115A and 150A models are part of the company’s broader push to redefine industrial efficiency while meeting ESG goals.

    With India’s industries rapidly adopting digital and energy-efficient tools, Schneider Electric continues to play a pivotal role in supporting national manufacturing priorities while leading in decarbonization.
    For more details, visit www.se.com
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    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.

  • RIR Power Electronics Expands SiC Diode Manufacturing with Taiwan’s Pro Asia Semiconductor

    RIR Power scales up global SiC diode production with Taiwanese fab partnership and prepares for domestic commercial ramp-up from its upcoming Odisha facility.

    RIR Power Electronics Ltd., a pioneer in high-power semiconductor solutions listed on the Bombay Stock Exchange (BSE: 517035), has announced a major expansion of its 1200V Silicon Carbide (SiC) diode manufacturing through a strategic partnership with Pro Asia Semiconductor Corporation (PASC), Taiwan. The collaboration accelerates RIR’s production of SiC-based power devices and positions it to meet global dem
    and in automotive, industrial, renewable energy, and defence markets.The move is expected to fast-track the company’s entry into advanced markets by introducing a portfolio of Schottky Barrier Diodes (SBDs) ranging from 2 amps to 60 amps. These products are already in shipment from Taiwan to customers in India, the United States, and other Southeast Asian markets.

    RIR’s technology capabilities stem from an exclusive IP transfer deal signed in October 2024 with Sicamore Semi, USA. This agreement provides RIR with full rights to manufacture and commercialize SiC diodes, MOSFETs, and IGBTs developed for 4-inch wafers, now successfully scaled for 6-inch wafer production. The scale-up was supported by technical collaborators Vortex Semi (USA) and PASC (Taiwan).
    According to Dr. Harshad Mehta, Chairman and Director of RIR Power, “This achievement marks a significant leap in our ability to serve global SiC demand. The shipment of 1200V diodes produced on 6-inch wafers from PASC paves the way for rapid commercialization from our proposed Odisha fab.”

    Purchase orders have already been secured from Richardson Electronics (USA) and Ankit Plastics (India), further validating RIR’s market relevance in high-efficiency semiconductor technologies.
    This expansion aligns with India’s Make in India vision. RIR’s upcoming ₹618 crore semiconductor fab in Odisha is expected to enhance India’s indigenous capability in semiconductor production, reduce dependency on imports for strategic applications, and contribute to employment generation.

    RIR’s integrated strategy links global supply chain collaboration with domestic infrastructure development. The company aims to position itself as a vital player in India’s semiconductor ambitions by reinforcing reliability and access to critical components for the defence, energy, and transportation sectors.
    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
  • Huawei Launches Band 10 in India with Pro-Level Fitness Tracking and AI-Powered Features

    Huawei introduces Band 10 in India with 95% swim stroke accuracy, HRV-powered sleep tracking, and AI-enhanced workout monitoring, available on Amazon from ₹3,699 until June 10.

    next-generation fitness wearable, the Huawei Band 10, in the Indian market. Positioned as a top-tier smart band for fitness and wellness tracking, the Band 10 delivers AI-enhanced features, a sleek design, and a competitive launch price, available exclusively on Amazon.
    Band 10 Launches with Special Pricing and Amazon-Only Access
    As part of the limited-time launch campaign, Huawei has priced the Band 10 with a polymer case at ₹3,699 and the premium aluminium alloy variant at ₹4,199. These prices are valid only until June 10, 2025. The regular retail prices are ₹3,999 and ₹4,499 respectively. Both versions are available exclusively through Amazon India.

    Premium Build with Health and Wellness Innovation
    The Huawei Band 10 stands out with its ultra-light, aerospace-grade aluminium alloy construction available in Matte Black, White, Green, Blue, and Purple. The polymer case variant comes in Black and Pink, designed for durability and everyday comfort. The device supports all-day wear while integrating a powerful suite of health monitoring capabilities.
    With built-in HRV-based Pro-Level Sleep Tracking, the Band 10 delivers granular insights into sleep quality and stages. An Emotional Wellbeing Assistant provides real-time updates on stress levels and emotional fluctuations, transforming the wearable into a 24×7 wellness companion.

    Fitness Accuracy Powered by AI
    The Band 10 offers over 100 sport and activity modes, including running, yoga, cycling, swimming, and more. A nine-axis sensor supports highly accurate stroke recognition, enabling 95% precision in lap and stroke detection during swimming sessions. The smart band is water-resistant up to 5 ATM, making it suitable for aquatic and high-sweat workouts.
    Fast Charging and Cross-Platform Compatibility
    One of the highlights of the Huawei Band 10 is its long battery life and rapid charging. A 45-minute charge enables multiple days of active use. The band also ensures seamless connectivity across both Android and iOS ecosystems, providing a consistent user experience regardless of device preference.

    Designed for India’s Evolving Fitness Needs
    By combining intelligent health tech, fashionable design, and aggressive pricing, Huawei aims to capture India’s growing demand for smart wearables. The launch of Band 10 builds on the momentum of the Band 9, incorporating advanced technology and broader feature sets to meet the needs of India’s fitness-focused, tech-savvy users.
    Huawei continues to refine its product offerings for the Indian market, and the Band 10 marks another leap forward in wearable innovation.

    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

  • UGRO Capital Launches ₹400 Crore Rights Issue at ₹162 to Fuel MSME Credit Growth

    UGRO Capital, a data-driven lender focused on supporting India’s small businesses, has unveiled a ₹400 crore rights issue. Priced at ₹162 per share, the offering aligns with the company’s ongoing efforts to scale lending capacity and reinforce financial resilience, following its earlier ₹915 crore CCD raise.

    Enhancing Shareholder Participation and Institutional Backing
    The rights issue allows shareholders to subscribe to 50 new equity shares for every 189 held, with the window open from June 13 to June 20, 2025. The record date is June 5. By aligning the rights issue price with the earlier CCD issuance, UGRO signals a balanced capital strategy between public and institutional investors.
    So far, UGRO has secured ₹250 crore in commitments. This includes ₹150 crore from IFU, Denmark’s government-backed investment fund, and ₹34 crore from UGRO’s promoter group and employees. The institutional support reflects confidence in the company’s credit-led growth model.

    Financial Performance and Technology Integration
    UGRO’s fiscal results for FY25 reinforce the logic behind the rights issue. The company reported Assets Under Management of ₹12,003 crore, reflecting a 33 percent year-on-year increase. Profit before tax rose to ₹203 crore. The company maintained a return on assets of 2.9 percent and a return on equity of 9.4 percent. Earnings per share stood at ₹15.7, and book value per share was reported at ₹219.6【178†source】【179†source】.
    These financial outcomes are driven by UGRO’s technology initiatives. The company leverages GRO Score 3.0, a statistical model used for credit scoring; GRO Chain, a supply chain finance system; and GRO Xstream, a platform facilitating co-lending. Additionally, UGRO supports MSMEs with embedded finance options delivered via its GRO X application.

    Leadership Outlook
    Founder and Managing Director Shachindra Nath noted that the capital raise reinforces the company’s intent to grow responsibly while allowing public shareholders a fair stake. He emphasized that this inclusive offering mirrors the pricing of preferential investors, strengthening alignment across the shareholder base.

    Path Ahead and Use of Capital
    The rights issue is aimed at financing the company’s expansion strategy, which includes increasing its branch footprint from 212 to 400 locations. UGRO also seeks to enhance its MSME disbursement operations and deepen its integration with embedded finance platforms. Post-fundraise, the company expects to maintain a capital adequacy ratio of over 29 percent【179†source】.

    Strategic Advisors
    InCred Capital serves as the financial advisor, while SNG & Partners provides legal counsel for the transaction.
    About UGRO Capital (NSE: UGROCAP | BSE: 511742)
    UGRO Capital is a listed NBFC focused on small business financing in India. With its emphasis on data-led underwriting and a network of co-lending and fintech partners, it aims to bridge the MSME credit gap using scalable, tech-driven models. UGRO is backed by global investors including IFU, Samena Capital, and Aregence.
    For more, visit www.ugrocapital.com
    Published by Prittle Prattle News featuring you virtuously
    Editor in Chief: Smruti Bhalerao
    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

  • IVCA Urges Venture Capital Funds to Act on SEBI’s Migration Framework Before July 19, 2025

    SEBI sets July deadline for legacy funds to transition into the AIF regime; IVCA stresses urgency amid tepid industry response

    The Indian Venture and Alternate Capital Association (IVCA) has issued an urgent advisory to all Venture Capital Funds (VCFs) operating under the repealed SEBI (Venture Capital Funds) Regulations, 1996. In a call to action dated May 30, 2025, IVCA emphasized the importance of adhering to SEBI’s migration framework before the July 19, 2025 deadline.
    Migration to AIF Regime: A One-Time Opportunity
    As per the SEBI circular issued on August 19, 2024, legacy VCFs have been granted a one-time option to migrate to the Alternative Investment Fund (AIF) regime under a newly introduced sub-category, Migrated Venture Capital Funds (MVCFs). The framework applies to:

    • VCFs whose liquidation period has not yet expired
    • VCFs with at least one scheme that has expired but still holds unliquidated assets

    Why Action Is Critical Now
    Rajat Tandon, President of IVCA, stressed the importance of prompt action, stating: “This is a critical regulatory window for legacy VCFs to realign with the current AIF framework. The migration framework introduced by SEBI not only offers operational clarity but also provides a structured path for managing residual assets and ensuring regulatory compliance.”
    Despite SEBI offering benefits such as a simplified re-registration process, fee waivers, and flexible compliance requirements, the industry’s response so far has been limited. IVCA flagged this tepid uptake as a concern, urging eligible funds to act swiftly.

    What VCFs Must Do
    VCFs with valid schemes or residual assets are advised to evaluate their eligibility and apply for migration before the July 19, 2025 cutoff. Meanwhile, those that have wound up all schemes or made no investments should proactively surrender their SEBI registration.
    IVCA has reiterated its commitment to providing members with the necessary support. It encourages VCFs to reach out to its compliance team or directly connect with SEBI for guidance.

    A Step Toward Strengthening India’s Fund Ecosystem
    The migration framework is part of SEBI’s broader effort to modernize and consolidate fund regulations. By bringing legacy VCFs under a consistent AIF framework, SEBI aims to improve fund governance, protect investor interests, and streamline the liquidation of dormant schemes.
    The Indian Venture and Alternate Capital Association (IVCA) is the apex body representing India’s alternate capital industry. As a not-for-profit organization, IVCA supports over 450 member funds with a combined AUM of over $350 billion. These include domestic and global venture capitalists, private equity funds, infrastructure investors, real estate managers, and credit fund operators. IVCA also advocates for regulatory clarity and investor protection through its engagements with the Indian government and financial regulators.
    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.