Prittle Prattle Pr

Category: Business

  • Tagbin’s ‘Swarnim Bharat’ Tableau: A Dazzling Fusion of Heritage and Innovation at Republic Day 2025

    Blending cultural heritage with futuristic technology, Tagbin’s Swarnim Bharat: Virasat aur Vikas tableau takes Republic Day 2025 by storm, showcasing India’s creative economy and Vision 2047.

    New Delhi, January 28, 2025: On the occasion of India’s 76th Republic Day, Tagbin, in collaboration with the Ministry of Culture, unveiled a spectacular tableau titled Swarnim Bharat: Virasat aur Vikas (Golden India: Heritage and Progress). This visionary display celebrated India’s creative economy, intertwining its rich cultural heritage with modern innovation to align with Prime Minister Narendra Modi’s mantra of Vikas bhi, Virasat bhi (Development along with Heritage).
    The tableau was a centerpiece of the Republic Day parade, reflecting Vision 2047, India’s ambitious roadmap to emerge as a developed nation by its centenary of independence.

    Key Highlights of ‘Swarnim Bharat’

    1. Yazh and Potter’s Wheel: A Symbolic Start
      The tableau began with the striking Yazh, an ancient Tamil string instrument, perched on a potter’s wheel. Together, they symbolized India’s timeless cultural legacy evolving into modern innovations. The Yazh represents India’s profound musical history, while the potter’s wheel embodies creativity’s transformative power.
    2. Kinetic Kalpavriksha to Golden Bird
      A stunning kinetic installation brought the Kalpavriksha (wish-fulfilling tree) to life as it transformed seamlessly into the Golden Bird (Sone Ki Chidiya). The Kalpavriksha symbolized India’s limitless potential, while the Golden Bird illustrated the rise of India’s creative economy to global prominence.
    3. Digital Arches Celebrating Creative Diversity
      Flanking the tableau, ten LED digital arches showcased India’s creative domains, including:
      • Performing Arts
      • Cinema and Literature
      • Visual Arts and Design

    These dynamic displays offered an immersive glimpse into the diversity and dynamism of India’s cultural industries.

    Technology and Innovation Take Center Stage
    Tagbin’s innovations redefined cultural storytelling through:

    • Kinetic Kalpavriksha: A moving installation that captivated audiences with its precision and symbolism.
    • LED Digital Displays: Cutting-edge screens showcased India’s creative brilliance with vibrant visuals.

    These technologies illustrated the narrative of Heritage to Progress, seamlessly blending tradition with modernity.

    Leadership Insight: Saurav Bhaik’s Vision
    Reflecting on this historic tableau, Saurav Bhaik, Founder and CEO of Tagbin, shared:
    At Tagbin, our mission is to craft experiences that bridge generation celebrating India’s cultural richness while integrating technology to inspire a brighter future. This tableau is a tribute to India’s creative brilliance, encouraging every Indian to cherish their heritage while shaping the nation’s future. Partnering with the Ministry of Culture to bring this vision to life fills us with immense pride.

    The Swarnim Bharat: Virasat aur Vikas tableau was more than a visual masterpiece; it was a call to action, urging citizens to:
    1. Take pride in India’s cultural heritage.
    2. Contribute to the nation’s creative economy.
    3. Reimagine progress through innovation and sustainability.
    By intertwining tradition with cutting-edge technology, the tableau envisions a future where cultural heritage forms the foundation for economic empowerment and global leadership.
    Tagbin is India’s leading innovator in tech-driven and immersive digital experiences, redefining how stories of culture, heritage, and progress are told. With a proven track record of pioneering solutions, Tagbin is transforming India’s cultural narrative on a global stage.
    At Prittle Prattle News, featuring you virtuously, we bring you inspiring stories that celebrate innovation and progress. Led by Editor-in-Chief Smruti Bhalerao, we are committed to sharing narratives that resonate globally. Stay connected with us on LinkedIn, Instagram, and YouTube.

  • Elever Disrupts Wealth Management with Quant-Driven PMS Solutions

    With four customized schemes and a technology-first approach, Elever is set to address India’s growing demand for personalized portfolio management services.

    Elever, one of India’s pioneering wealth-tech startups, has announced the launch of its advanced Portfolio Management Services (PMS) to deliver consistent, long-term returns. With ₹1,000 crore AUM targeted within two years, Elever employs cutting-edge factor investing, rule-based models, and machine learning algorithms to address the market gap left by traditional active fund management strategies.

    The Growth of India’s PMS Market
    India’s wealth management industry is experiencing exponential growth, as highlighted in a Deloitte report. Key findings include:

    • US$0.4 trillion unmet demand for wealth management services in FY24.
    • PMS Assets Under Management (AUM) tripled from US$149 billion (FY17) to US$405 billion (FY24), fueled by rising awareness and strong post-COVID stock market performance.

    This shift signals a growing preference for advanced, technology-driven solutions like Elever’s PMS to navigate today’s dynamic financial landscape.

    Elever’s Game-Changing Approach

    Unlike traditional fund managers, Elever uses:

    • Rule-Based Investing: Removing human bias for consistent decision-making.
    • Multi-Factor Models: Analyzing over 500 factors across 17 years of data for superior stock selection and risk management.
    • Tactical Risk Rotation: Employing machine learning algorithms with 90% accuracy in predicting market signals for timely adjustments.

    Our mission is to empower investors by combining data, technology, and transparency, said Karan Aggarwal, Co-founder and Chief Investment Officer of Elever.
    Karan, a CFA charterholder, has over 15 years of experience, including managing USD 5 billion portfolios for global institutions. His expertise in factor investing ensures Elever stays ahead of the curve in delivering risk-adjusted returns.

    Specialized Offerings for Varied Needs
    Elever’s PMS introduces four tailored schemes designed to cater to diverse investor profiles:

    1. FactorAlpha PMS: Designed for consistent, all-weather performance.
    2. FactorAlpha SmallCap PMS: Tapping into the potential of emerging companies.
    3. FactorShields PMS: A low-risk strategy offering stability.
    4. FactorIncome PMS: Focused on generating steady, inflation-beating returns.

    India’s Wealth-Tech Revolution
    Portfolio management in India has gained momentum among HNIs, founders, and global investors, driven by economic growth and technological advancements. Platforms like Elever aim to provide adaptive portfolios that thrive across bull, bear, and consolidation phases.
    India’s affluent investors seek transparency and systematic investing strategies, said Anshul Sharan, Co-founder and CEO of Elever. Our PMS is tailored to meet the needs of today’s sophisticated investors, delivering superior risk-adjusted returns.
    The Road Ahead
    With India’s target customer wealth projected to double to US$2.3 trillion by FY29, Elever is poised to become a leader in the PMS sector. Their tech-first approach positions them to attract HNIs, global investors, and entrepreneurs seeking sustainable growth opportunities.

    About Elever
    Elever was founded in 2020 by Anshul Sharan, Karan Aggarwal, Ram Subramaniam, and Santosh R. With a mission to simplify wealth creation, Elever leverages data-driven strategies and machine learning to deliver superior returns.
    Closing Note
    At Prittle Prattle News, featuring you virtuously, we bring you inspiring stories of innovation and growth. Led by Editor-in-Chief Smruti Bhalerao, our platform celebrates success stories that drive change. Follow us on LinkedIn, Instagram, and YouTube for more updates.

  • TVS Credit Reports 28% Growth in PAT to ₹541 Crore for Nine Months Ending December 2024

    Strong performance driven by festive demand, enhanced digital capabilities, and customer-centric offerings

    TVS Credit Services Limited, a prominent name in the Non-Banking Financial Company (NBFC) sector, announced its unaudited financial results for Q3 FY25 and the nine months ending December 31, 2024. The results underline the company’s resilience and ability to deliver robust growth in a competitive market. The Company recorded a Net Profit After Tax (PAT) of ₹541 Crore for the nine months ending December 31, 2024, representing a 28% year-on-year (Y-O-Y) increase over the same period last year. The Assets Under Management (AUM) stood at ₹27,190 Crore, reflecting a 7% growth over the previous year.

    Key Financial Highlights for Q3 FY25

    1. AUM: ₹27,190 Crore, up 7% Y-O-Y from ₹25,315 Crore in Q3 FY24.
    2. Total Income: ₹1,710 Crore, a 12% growth compared to ₹1,527 Crore in Q3 FY24.
    3. Profit Before Tax (PBT): ₹321 Crore, a 40% increase compared to Q3 FY24.
    4. Net Profit After Tax (PAT): ₹240 Crore, a 40% growth Y-O-Y.

    Highlights for the Nine Months Ending December 2024 (9M FY25)

    1. AUM: ₹27,190 Crore, a 7% rise from ₹25,315 Crore in 9M FY24.
    2. Total Income: ₹4,956 Crore, reflecting a 16% growth compared to ₹4,276 Crore in 9M FY24.
    3. Profit Before Tax (PBT): ₹724 Crore, a 28% increase from ₹566 Crore in 9M FY24.
    4. Net Profit After Tax (PAT): ₹541 Crore, a 28% growth from ₹424 Crore in 9M FY24.

    Operational Excellence and Market Insights
    TVS Credit experienced strong growth in Q3 FY25 due to festive demand, increased consumption, and competitive consumer offers. During the quarter, the company disbursed loans to a record 16 lakh new customers, bringing its total customer base to nearly 1.8 crore customers. The growth was driven by enhanced performance in the Consumer Loans and Vehicle Finance segments, where TVS Credit has strengthened its market position. Leveraging digital transformation and advanced technologies, the company has improved operational efficiency and customer satisfaction.

    Industry Context
    The Indian NBFC sector, as highlighted on Non Banking Financials, continues to grow, fueled by increasing demand for personal loans, vehicle finance, and other consumer lending products. Competitors like Bajaj Finance and Mahindra Finance are also expanding rapidly, making TVS Credit’s performance particularly commendable.
    In addition to its financial achievements, TVS Credit remains focused on enabling financial inclusion for millions of Indians through innovative lending products. This aligns with the broader mission of companies in the NBFC space to democratize access to credit.

    About TVS Credit Services Limited
    TVS Credit Services Limited is a trusted name in India’s financial services sector. It is registered with the Reserve Bank of India (RBI) and operates through 49,300 touchpoints across the country. The company serves as the primary financier for TVS Motor Company and is a leading player in consumer durable financing, mobile phone financing, and used vehicle loans.
    Backed by data analytics and new-age technology, TVS Credit has built a loyal customer base of nearly 1.8 crore Indians, empowering them to achieve their aspirations. The company also offers services in tractor loans, used commercial vehicle loans, and unsecured loans.
    Commitment to Growth and Innovation
    TVS Credit remains focused on expanding its product portfolio, enhancing digital capabilities, and improving operational efficiency. This forward-looking approach ensures the company continues to meet evolving consumer needs while maintaining financial stability.
    At Prittle Prattle News, featuring you virtuously, we celebrate commitment and innovation. Led by Editor-in-Chief Smruti Bhalerao, our platform is dedicated to sharing impactful stories that inspire change and create awareness. To stay informed, follow us on LinkedIn, Twitter, Instagram, and YouTube. Explore insights into the NBFC industry, key players like Bajaj Finance, Mahindra Finance, and Muthoot Finance, and discover TVS Credit’s transformative journey.

  • KFin Technologies Q3 FY25: Resilient Growth with Revenue Up 32.6% YoY

    Record Client Wins and International Expansion Fuel Financial Performance

    KFin Technologies Limited, a technology-driven leader in financial services, reported its financial results for Q3 FY25, showcasing exceptional growth and profitability. The company achieved a 32.6% YoY revenue growth, reaching ₹2,900.2 million, driven by a diversified business portfolio, international expansion, and key client acquisitions.
    In addition to robust revenue, KFin Technologies delivered an EBITDA of ₹1,305.5 million with a margin of 45.0%, reflecting efficient operations and strategic investments. The Profit After Tax (PAT) stood at ₹901.8 million, up 34.9% YoY, further solidifying its position as a market leader in the financial services ecosystem.
    Sreekanth Nadella, Managing Director and CEO of KFin Technologies, remarked:
    Joining BlackRock’s Aladdin Provider Network as the ninth global partner marks a milestone in KFintech’s international journey. We are committed to delivering innovative solutions and driving excellence across all business segments. This quarter’s performance underscores our focus on growth, diversification, and market leadership.

    Q3 FY25 Financial Highlights
    Key Figures

    MetricQ3 FY25Q3 FY24Growth (YoY)9M FY259M FY24Growth (YoY)
    Revenue (₹ million)2,900.22,187.232.6%8,080.56,091.932.6%
    EBITDA (₹ million)1,305.5979.033.4%3,567.52,619.936.2%
    PAT (₹ million)901.8668.334.9%2,475.71,715.844.3%
    Diluted EPS (₹)5.213.8834.2%14.3410.0043.4%
    Cash Reserves (₹ million)5,706.9NANANANANA

    Key Business Achievements
    1. Client Acquisition and Global Expansion
    International Growth: Secured two full-service transfer agency (TA) deals in Philippines and one in Malaysia, expanding its footprint in Southeast Asia.
    BlackRock Partnership: Became the ninth global partner in BlackRock’s Aladdin Provider Network, enhancing fund administration and accounting services for global asset managers.
    New Domestic Clients: Won mandates from companies like LG Electronics, Kent RO Systems, and Cleartrip, adding over 8 million investor folios.
    2. Vertical Growth and Innovation
    Value-Added Services (VAS): Revenue grew 61.3% YoY, showcasing the rising demand for digital solutions and analytics. Alternative Funds (AIF): Market share rose to 36.7%, with AAUM growing 54.6% YoY, driven by contracts with 360 One AIF, Bandhan AIF, and Angel One AIF.

    Strategic Focus on Technology and Innovation
    KFintech’s investment in advanced digital platforms like mPower Wealth has transformed wealth management for clients such as Tata Capital and Aditya Birla Wealth. The focus on innovative tools ensures a competitive edge in a dynamic financial landscape.
    Sustainability and Market Leadership
    KFintech continues to lead the National Pension System (NPS) ecosystem, with its subscriber base growing 35.1% YoY compared to the industry’s 12.1% growth. Market share increased from 7.8% to 9.4%, reflecting its dominance in the sector.

    CEO’s Perspective
    KFin Technologies, sreekanth Nadella emphasized the company’s future-oriented strategy, stating Our journey is defined by innovation and excellence. As we deepen our international reach and strengthen our solutions portfolio, KFintech is well-positioned to shape the future of financial services globally.
    KFin Technologies Limited is a leading provider of financial services solutions, catering to mutual funds, asset managers, and corporate issuers across India and globally. The company’s expertise spans fund administration, digital onboarding, data analytics, and wealth management. With over 704 international clients and a presence in Malaysia, Philippines, Singapore, and other regions, KFintech is at the forefront of financial innovation.
    Conclusion :
    KFin Technologies’ Q3 FY25 performance underscores its resilience, innovation, and market leadership. By combining strategic client acquisitions, technological advancements, and global expansion, the company is redefining financial services for a dynamic future
    At Prittle Prattle News, “featuring you virtuously,” we celebrate the commitment and innovation. Led by Editor-in-Chief Smruti Bhalerao, our platform is dedicated to sharing impactful stories that inspire change and create awareness. Follow us on LinkedIn, Twitter, Instagram, and YouTube for more stories that matter. For additional insights and updates, visit Prittle Prattle News.

  • UGRO Capital Achieves Record Loan Origination of INR 2,098 Cr in Q3 FY25

    Driving MSME Growth with Innovation, Technology, and Financial Inclusion

    Mumbai, January 25, 2025: UGRO Capital, India’s premier DataTech NBFC, has delivered stellar financial results for Q3 FY25, achieving its highest-ever loan origination of INR 2,098 crore. This milestone highlights the company’s unwavering commitment to empowering MSMEs (Micro, Small, and Medium Enterprises) through cutting-edge financial solutions, data-driven underwriting, and strategic partnerships. With a 32% YoY increase in AUM, now at INR 11,067 crore, and a PAT of INR 103 crore for the nine-month period, UGRO Capital is transforming MSME financing in India. The company’s proprietary GRO Score credit model, branch expansion, and embedded finance platform have been instrumental in achieving this growth.
    Shachindra Nath, Founder and Managing Director of UGRO Capital, stated: Our robust Q3 FY25 performance underscores our commitment to driving financial inclusion and innovation. The GRO Score patent and our strategic partnerships have enabled us to serve over 1.6 lakh MSMEs effectively. We aim to scale our micro-enterprise portfolio to 35% of AUM by FY26 while delivering sustainable growth.

    Financial Performance Highlights: Q3 FY25
    UGRO Capital’s exceptional Q3 FY25 performance reflects its data-driven strategies and focus on underserved markets.

    Key Metrics

    MetricQ3 FY25Q2 FY25Growth (QoQ)9M FY259M FY24Growth (YoY)
    AUM11,06710,1579%11,0678,36432%
    Loan Disbursements2,0981,9716%5,2154,31121%
    Total Income38534312%1,03075137%
    Net Total Income2182009%58343634%
    PAT38366%1038719%

    Key Drivers of Growth
    1. GRO Score Credit Model
    The GRO Score, UGRO’s proprietary credit scoring model, evaluates MSMEs based on their potential rather than traditional collateral requirements. This innovative approach has secured a patent, setting UGRO Capital apart in the fintech space.
    Inclusivity: The model ensures financial access for underserved MSMEs.
    Efficiency: Facilitates quick and accurate credit decisions, reducing turnaround time.

    2. Embedded Finance Expansion
    UGRO’s Embedded Finance platform achieved an AUM of INR 302 crore in Q3 FY25. This platform focuses on providing niche solutions tailored to specific MSME needs, leveraging partnerships with:
    16 co-lenders
    59 financial institutions
    730 GRO partners
    These collaborations enhance liquidity and scalability, with 44% of UGRO’s AUM managed off-book.
    3. Branch Network Growth
    UGRO added 74 new branches in FY25, focusing on Tier II and Tier III cities. This expansion strengthens UGRO’s presence in emerging markets, addressing the credit gap in underbanked regions.
    4. Focus on Emerging Markets
    The Emerging Markets Secured Loans segment experienced a 202% YoY growth, with disbursements reaching INR 543 crore in Q3 FY25. This reflects UGRO’s dedication to promoting financial inclusion in rural and semi-urban areas.

    Sustainability and Risk Management UGRO’s GNPA/NNPA ratios of 2.1%/1.5% underscore its robust risk management framework. The company mobilized INR 1,400 crore in debt during Q3 FY25, bringing its total debt to INR 6,151 crore, reflecting strong financial health and trust among investors.
    Vision 2026: Scaling Micro-Enterprise Lending
    UGRO aims to scale its micro-enterprise portfolio to 35% of AUM by FY26, aligning with the Government of India’s MSME growth initiatives. By leveraging technology, expanding partnerships, and refining its lending model, UGRO is poised to redefine MSME financing in India.
    Shachindra Nath remarked:
    Our vision is to empower MSMEs with tailored financial solutions. Through innovation and collaboration, we aim to create a sustainable and inclusive financial ecosystem.

    About UGRO Capital
    UGRO Capital is a leading DataTech NBFC established in 2018. With a mission to bridge the MSME credit gap, UGRO combines technology-driven underwriting with strategic partnerships to deliver impactful financial solutions. The company serves over 1.6 lakh MSMEs, fostering growth and innovation in the sector.
    Conclusion
    UGRO Capital’s record-breaking Q3 FY25 performance highlights its commitment to financial inclusion and innovation. By leveraging its patented GRO Score model, expanding its branch network, and fostering strategic partnerships, UGRO is empowering MSMEs to thrive in a dynamic economic landscape.
    At Prittle Prattle News, “featuring you virtuously,” we celebrate the commitment and innovation. Led by Editor-in-Chief Smruti Bhalerao, our platform is dedicated to sharing impactful stories that inspire change and create awareness. Follow us on LinkedIn, Twitter, Instagram, and YouTube for more stories that matter. For additional insights and updates, visit Prittle Prattle News.

  • ZEISS India Champions Conservation Excellence: Wildlife Conservation Summit 2025

    Celebrating Nature Preservation with Visionary Leaders and Cutting-Edge Technology

    The Wildlife Conservation Summit 2025, hosted by ZEISS India, united the nation’s most dedicated conservation advocates, scientists, and influencers at the India International Centre. This monumental event celebrated the tireless efforts of individuals and organizations committed to preserving India’s rich biodiversity. ZEISS India reaffirmed its commitment to wildlife conservation by providing a collaborative platform to honor these trailblazers. With its cutting-edge optical technology, continues to empower conservation efforts worldwide, bridging the gap between innovation and sustainability.

    A Confluence of Conservation Visionaries
    The summit welcomed over 80 luminaries from esteemed organizations, including:

    These institutions, alongside forest officers, researchers, and ZEISS Ambassadors, engaged in meaningful discussions, fostering collaboration for impactful conservation initiatives. Chris Howard, Regional Head of Sports Optics & Mobile Imaging at ZEISS Group, noted: The Wildlife Conservation Summit celebrates the extraordinary individuals dedicated to biodiversity preservation. It is honored to support this community with innovative optical solutions that amplify observation and research.
    Celebrating Excellence: Conservation Awards 2025
    A key highlight of the evening was the Conservation Awards 2025, where 25 outstanding contributors were recognized for their exceptional efforts in safeguarding biodiversity. Awardees included scientists, field researchers, and forest officers who have championed conservation through innovative strategies and unwavering dedication.

    The Role of ZEISS in Wildlife Conservation
    ZEISS Sport Optics, a flagship division of ZEISS, has been instrumental in advancing wildlife research with its high-precision binoculars, spotting scopes, and camera lenses. The brand combines optical precision with user-centric design, ensuring a seamless experience for both professionals and enthusiasts.
    Kunal Girotra, Regional Head of the Photonics and Optics Division at ZEISS India, emphasized At ZEISS, we aim to inspire a collective commitment to biodiversity preservation. Through our advanced optics, we empower nature enthusiasts and scientists to deepen their connection with the natural world.
    Adding to this, Miguel Gonzalez Diaz, Managing Director of ZEISS India, highlighted the company’s dedication to sustainable innovation.

    Impact Beyond the Summit
    India’s biodiversity, home to over 7-8% of all recorded species, plays a critical role in global ecosystems. Yet, the country faces significant environmental challenges, including habitat loss and climate change. Initiatives like the Wildlife Conservation Summit 2025 underscore the urgent need for collective action.
    Petra Kregelius-Schmidt, Global Partnership Manager at ZEISS Nature, noted: Conservation isn’t just about protecting wildlife; it’s about preserving ecosystems that sustain life. Remains committed to supporting this mission through technological innovation and collaborative partnerships.

    Technology Meets Conservation
    ZEISS has long been at the forefront of leveraging technology to enhance conservation efforts. Its latest optical tools are designed to provide unparalleled clarity, aiding researchers in monitoring wildlife and gathering critical data. For instance, ZEISS’s high-performance Victory SF Binoculars and Conquest HD Scopes are preferred by conservationists for their exceptional optical performance and durability. These tools are crucial in documenting rare species and analyzing behaviors, contributing to impactful research.

    Forging New Partnerships
    The summit also provided a platform for forging new collaborations between ZEISS and leading conservation organizations. By working closely with partners like the Wildlife Trust of India and WWF India, aims to develop scalable solutions that address key conservation challenges, from anti-poaching initiatives to habitat restoration.
    Actionable Takeaways for Conservation Enthusiasts

    • Technology Empowerment: Invest in high-quality optical tools to enhance observation and research capabilities.
    • Collaborative Efforts: Partner with organizations like ZEISS and global conservation networks to amplify impact.
    • Public Awareness: Advocate for conservation education to inspire community-driven action.

    Founded in 1846, This is a global leader in optics and optoelectronics, with a legacy of innovation spanning over 175 years. From healthcare to industrial metrology, ZEISS applies its expertise to diverse fields, creating solutions that inspire progress and sustainability. The Sport Optics Division exemplifies ZEISS’s dedication to wildlife observation, offering precision tools for professionals and enthusiasts alike.

    Conclusion
    The Wildlife Conservation Summit 2025 exemplifies ZEISS India’s unwavering commitment to biodiversity preservation. By uniting conservation advocates, empowering research with cutting-edge technology, and fostering impactful collaborations, It has set a benchmark in nature observation and sustainability. For more updates on conservation efforts and groundbreaking innovations,.
    At Prittle Prattle News, “featuring you virtuously,” we celebrate the commitment and innovation. Led by Editor-in-Chief Smruti Bhalerao, our platform is dedicated to sharing impactful stories that inspire change and create awareness. Follow us on LinkedIn, Twitter, Instagram, and YouTube for more stories that matter. For additional insights and updates, visit Prittle Prattle News.

  • Union Budget 2025: Industry Experts Share Key Expectations for Growth and Innovation

    Real Estate, Defence, Pharma, and Emerging Sectors Outline Priorities for Policy Reform

    As India awaits the Union Budget 2025, industry leaders have expressed their recommendations to drive economic growth across pivotal sectors. With expectations ranging from reforms in real estate GST structures to investments in cybersecurity infrastructure, the proposed budget holds the potential to shape the trajectory of India’s economy.
    Real Estate: A Push for Streamlined Policies
    Shivam Agarwal, VP – Strategic Growth at Sattva Group, emphasized the need for a single-window clearance system to accelerate project timelines and reduce costs.
    Adjusting FDI regulations and introducing a favorable input tax credit regime are critical to boosting liquidity and ensuring operational efficiency, he said.
    Similarly, Kunal Rishi, COO of Paras Buildtech, highlighted the importance of granting the real estate sector industry status to improve funding accessibility and lower financing costs.
    GST rationalization on construction materials would enhance cost management and drive sustainable urban development,he added.

    Defence and Aerospace: Supporting Innovation
    Union Budget 2025, with India’s focus on Atmanirbhar Bharat and Make in India, Amey Belorkar, Fund Manager – Defence and Aerospace, IDBI Capital Markets, called for:
    Strategic budget allocations for emerging technologies like unmanned aerial systems (UAS), cyber defence, and advanced materials.
    Incentives for Defence Industrial Corridors to promote indigenous manufacturing. The government’s planned introduction of a new scheme focused on R&D in deep-tech technologies such as AI and robotics will propel the sector’s growth by 15-20%, he stated.

    Pharma Sector: Expanding India’s Global Footprint
    Union Budget 2025, the pharmaceutical sector, projected to reach $130 billion by 2030, is poised for significant growth. Sushil Suri, CMD of Morepen Laboratories, outlined key recommendations:
    Streamlining regulatory approvals for faster drug development.
    Expanding the Production-Linked Incentive (PLI) scheme to cover medical technology. A unified regulatory framework will attract investments, fostering innovation and ensuring self-reliance, he said.
    Startups: The Lifeline of India’s Economy
    Anirudh A Damani, Managing Partner of Artha Venture Fund, highlighted the following:
    Introducing a single-window clearance system for fund registrations to simplify compliance.
    Expanding SIDBI’s Fund of Funds with an additional allocation of ₹10,000 crores. Revising the startup classification criteria to include companies up to 20 years old and those in high-revenue industries.

    Cybersecurity: Securing India’s Digital Future
    Union Budget 2025, India ranks among the top four global victims of cyberattacks. Pankit Desai, CEO of Sequretek, urged the government to prioritize:
    Investments in cybersecurity education to equip students with hands-on skills.
    Revising procurement policies to create opportunities for Indian-origin cybersecurity firms. With strategic investments, India can reinforce its cybersecurity defenses and become a global leader in digital security, he emphasized.
    Renewable Energy and Biofuels
    India’s commitment to ethanol blending targets requires substantial investments. Tarun Sawhney, Vice Chairman of Triveni Engineering, outlined key measures:
    Targeted subsidies worth ₹35,000 crore to enhance ethanol production capacity.
    Linking ethanol pricing to the Fair and Remunerative Price (FRP) of sugarcane to ensure stability for stakeholders. Expanding production to meet E20 targets will align India with its net-zero carbon emissions goal by 2070, he said.

    Healthcare: Accelerating Digital Transformation
    Digital health innovation is a cornerstone of India’s healthcare reform. Deepak Tuli, COO of Eka Care, recommended increased allocations for the Ayushman Bharat Digital Mission to ensure:
    Seamless implementation of electronic health records.
    Improved access to healthcare in rural areas.
    Digitizing healthcare will revolutionize patient care and strengthen the country’s medical infrastructure,”he said.
    Retail: Empowering Consumer Spending
    Abhinav Kumar, Co-Founder of Brand Concepts, emphasized:
    Reducing GST to increase disposable income and boost retail consumption.
    Enhancing accessibility and infrastructure in Tier-3 cities to expand markets. A supportive policy framework will enable the retail sector to meet evolving consumer demands and drive growth, he noted.

    Conclusion

    The Union Budget 2025 represents a unique opportunity to address critical challenges and unlock India’s economic potential. With strategic reforms and investments, sectors like real estate, defence, healthcare, and startups can contribute significantly to the nation’s growth story.
    At Prittle Prattle News, “featuring you virtuously,” we bring expert insights and impactful narratives that shape industries. Follow us for in-depth coverage of the Union Budget 2025 and beyond.Led by Editor-in-Chief Smruti Bhalerao, our platform is dedicated to sharing impactful stories that inspire change and create awareness. Follow us on LinkedIn, Twitter, Instagram, and YouTube for more stories that matter. For additional insights and updates, visit Prittle Prattle News.

  • Educate Girls’ ‘Vidya Kumbh’ Brings Education to Migrant Children at Maha Kumbh Mela

    A First-of-Its-Kind Initiative Supporting Learning Amidst India’s Largest Cultural Gathering

    Educate Girls, a non-profit dedicated to bridging the gender gap in education, has launched a groundbreaking initiative, ‘Vidya Kumbh’, in collaboration with the Uttar Pradesh Basic Education Department. This makeshift primary school, established at the Maha Kumbh Mela in Prayagraj, ensures uninterrupted access to education for children of migrant workers accompanying their families to the event. The program was inaugurated in December 2024 by Ms. Akanksha Rana, Special Officer of the Maha Kumbh Mela Authority, who commended the initiative:
    Vidya Kumbh is a commendable initiative that inspires children from labourer families to embrace education and secure their future. This effort to prioritise education amidst the grand Maha Kumbh Mela will bring meaningful change to these children’s lives.

    Addressing Education Gaps Amidst Migration
    The Maha Kumbh Mela, held every 12 years, is India’s largest religious and cultural gathering, drawing millions of devotees, tourists, and workers from across the nation. While the event generates significant economic activity and employs over 90,000 workers, it also disrupts the education of children accompanying migrant families. Recognizing this challenge, Vidya Kumbh ensures foundational learning for these children. The school runs for four months, providing access to educational materials, life-skills training, and a nurturing environment that fosters growth and development.

    Innovative Approach to Education
    Foundational Learning Tools
    A highlight of the initiative is the distribution of ‘Gyan Ka Pitara’, Educate Girls’ supplementary and remedial learning kits designed for Grades 3-5. These kits focus on foundational literacy and numeracy, bridging learning gaps and promoting academic success.
    Vikram Solanki, Director of Operations at Educate Girls, emphasized, Vidya Kumbh underscores the importance of taking education to where children are, ensuring no child is left behind due to socio-economic circumstances. This initiative brings foundational learning directly to children, creating opportunities for their future.
    Highlighting the Role of Girls’ Education
    Several out-of-school girls, previously identified by Educate Girls in Uttar Pradesh, Madhya Pradesh, and Rajasthan, were found attending Vidya Kumbh. This underscores the program’s critical role in connecting children, especially girls, to education during transient circumstances.

    Support from Authorities
    Praveen Kumar Tiwari, Basic Education Officer, Prayagraj, expressed gratitude to all stakeholders contributing to the initiative, Vidya Kumbh promotes education and connects children to foundational learning for a better future. I am confident this initiative will succeed and leave a lasting impact at the Maha Kumbh Mela.
    Dignitaries present at the inauguration included:

    • Dr. Anand Singh, Additional Chief Medical Officer.
    • Mr. Rajeev Tripathi, Deputy Commissioner, Basic Education Department.

    Long-Term Impact
    The program highlights the importance of education outreach during large-scale events. By addressing the educational needs of children in transient situations, Vidya Kumbh contributes to India’s broader mission of achieving universal education.

    Educate Girls is a non-profit organization working to improve girls’ education in India’s rural and educationally backward regions. Aligned with the Right to Education Act and the Beti Bachao Beti Padhao initiative, the organization has mobilized over 1.8 million girls for school enrollment across 29,000+ villages in Rajasthan, Madhya Pradesh, Uttar Pradesh, and Bihar since its inception in 2007.
    Conclusion
    Through Vidya Kumbh, Educate Girls demonstrates the transformative power of accessible education during large-scale events like the Maha Kumbh Mela. By addressing educational disruptions caused by migration, the initiative reinforces the importance of prioritizing learning for children, ensuring a brighter and more equitable future.
    At Prittle Prattle News, “featuring you virtuously,” we celebrate the commitment and innovation. Led by Editor-in-Chief Smruti Bhalerao, our platform is dedicated to sharing impactful stories that inspire change and create awareness. Follow us on LinkedIn, Twitter, Instagram, and YouTube for more stories that matter. For additional insights and updates, visit Prittle Prattle News..

  • HMD Brings Tech to Tradition: Transforming Maha Kumbh Mela 2025 with Innovative Solutions

    Revolutionizing Pilgrim Journeys with Mobile Care, Travel Assistance, and Government Collaboration

    The Maha Kumbh Mela is not just a spiritual gathering; it is a celebration of heritage and faith that unites millions from across the globe. This year, Human Mobile Devices (HMD) has launched an array of initiatives aimed at enhancing the pilgrim experience through technology-driven solutions. In partnership with the Uttar Pradesh Government and the Ministry of Tourism, HMD’s efforts focus on providing connectivity, convenience, and cultural enrichment during the world’s largest religious event, held in Prayagraj.

    HMD’s Initiatives: A First-of-Its-Kind Tech Integration
    On-Site Mobile Care Camp
    The HMD Care Camp, a unique offering, provides on-ground diagnosis and repairs for Smartphones, Nokia feature phones, and other devices. Pilgrims facing technical issues can avail free replacements under the 1-year replacement guarantee. In addition, HMD has introduced a loaner phone program, ensuring pilgrims can stay connected while their devices are repaired. This initiative underscores the brand’s dedication to addressing real-time needs during the Maha Kumbh.
    Travel and Navigation Assistance
    In collaboration with Radioline, HMD’s local travel information feature provides real-time updates, key event dates, and comprehensive pilgrim guides. This includes access to religious content, navigation support, and essential information tailored to the Maha Kumbh Mela experience. By integrating these features, ensures a seamless journey for visitors.

    Promoting India’s Heritage: Dekho Apna Desh
    As a part of the Dekho Apna Desh campaign, HMD is working closely with the Uttar Pradesh Tourism Department to celebrate and promote domestic tourism. The campaign aims to highlight India’s rich cultural and spiritual heritage, encouraging travelers to explore the beauty of their homeland. on-ground engagement includes interactive events, cultural showcases, and branded touchpoints strategically placed across Prayagraj. These activities align with the government’s vision of strengthening domestic tourism while fostering regional pride.
    Expanding Regional Support Networks
    To ensure pilgrims have access to reliable services, HMD has established a network of support centers across Prayagraj. From retail stores to branded touchpoints along the procession grounds, these centers offer technical assistance, travel information, and cultural insights. The partnership with the Uttar Pradesh Government has been instrumental in creating a seamless network that reflects HMD’s mission to deliver practical, human-centric solutions during monumental events like the Maha Kumbh Mela

    A New Dimension to Marketing: The Khoob Chalega Campaign
    HMD has amplified its reach with a 360-degree marketing strategy that aligns with the popular Khoob Chalega Campaign, promoting its HMD 105 and HMD 110 feature phones. Known for their long battery life, large screens, and UPI-enabled secure transactions, these devices have become essential tools for pilgrims navigating the spiritual journey. The campaign spans OOH, social media, and digital platforms, effectively targeting both urban and rural audiences. By emphasizing functionality and innovation, the campaign resonates with the evolving needs of consumers during events as significant as the Maha Kumbh.
    Leadership Perspective
    Commenting on the initiatives, Ravi Kunwar, CEO & VP, India & APAC, HMD, stated: The Maha Kumbh Mela represents a spiritual odyssey for millions. At HMD, we take pride in being a part of this journey, empowering pilgrims with reliable connectivity and groundbreaking technology. By collaborating with the Uttar Pradesh Government, we are celebrating India’s cultural heritage while addressing real human needs.

    A Broader Vision HMD’s initiatives are more than technological solutions; they are a commitment to enhancing the cultural and spiritual experience of millions. From mobile care to navigation support, the company’s efforts reflect its core mission: blending technology with tradition to meet real-world challenges
    Conclusion
    The Maha Kumbh Mela 2025 is a convergence of faith, culture, and community. With its innovative services and collaborative efforts, HMD has redefined how technology can enhance such monumental events. By addressing the unique needs of pilgrims, the company is not only empowering individuals but also strengthening the fabric of India’s cultural and spiritual heritage.
    At Prittle Prattle News, “featuring you virtuously,” we celebrate the commitment and innovation. Led by Editor-in-Chief Smruti Bhalerao, our platform is dedicated to sharing impactful stories that inspire change and create awareness. Follow us on LinkedIn, Twitter, Instagram, and YouTube for more stories that matter. For additional insights and updates, visit Prittle Prattle News..