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Category: Business

  • Rapido Scooty Sees 18x Growth in Hyderabad as Women and Seniors Drive Everyday Mobility Shift

    Rapido records over 11.3 lakh Scooty rides in six months and 50,000 daily trips in Hyderabad, with women accounting for 35% of usage and strong adoption among senior citizens

    Rapido is witnessing rapid growth of its Scooty category in Hyderabad, as women and senior citizens increasingly adopt the service for short-distance, everyday travel. Over the past six months, Scooty rides in the city have grown nearly 18 times, positioning the category as one of Rapido’s fastest-growing mobility offerings.
    Scooty rides in Hyderabad increased from 64,000 to over 11.3 lakh rides within six months. The city now records an average of 50,000 Scooty rides daily, reflecting a clear shift in commuter preferences toward comfort-led and accessible transport options.

    User trends on the platform show significantly higher adoption among women riders. While women account for around 25% of bike rides on Rapido, their participation rises to 35% on Scooty rides. The step-through design, lower seat height, and ease of access have emerged as key factors making Scooty a more confidence-building option, particularly for women and elderly commuters.
    Scooty rides are increasingly used for neighbourhood errands, medical visits, office commutes, and metro connectivity, highlighting its role in everyday mobility where accessibility and comfort are as important as affordability.

    Commenting on the trend, Pavan Guntupalli, Co-Founder of Rapido, said that Hyderabad’s response reflects a broader shift in urban mobility needs. He stated that riders are looking beyond speed and affordability, placing greater emphasis on comfort, safety, and ease of access. He added that strong adoption among women and elderly users reinforces Rapido’s focus on building inclusive mobility solutions that work across daily use cases.

    As Hyderabad’s commuter base continues to diversify, Scooty is playing a growing role in making app-based mobility more accessible and inclusive. The rapid growth of the category indicates how thoughtfully designed mobility solutions can scale meaningfully while reshaping short-distance travel across urban India.
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  • Pune Expansion Advances Metro Strategy for Olive by Embassy with Baner and Wakad Launches

    Kahraman Yigit, CEO and Co-founder of Olive by Embassy, outlines plans for 40 plus hotels and over 1,200 keys in Pune by 2030 as the Embassy Group hospitality brand enters the city with two new properties

    Olive by Embassy, the technology-led hospitality brand backed by Embassy Group, has entered the Pune market with the launch of two properties, Olive Hotel Baner and Olive Hotel Wakad. Together, the two hotels add 78 keys to the brand’s growing portfolio and mark a significant step in its metro-led expansion strategy across India.
    Pune’s emergence as a major IT and enterprise hub, supported by rapid infrastructure development and sustained corporate travel demand, has positioned the city as a key market for Olive’s smart and efficient hospitality model. The new properties are located in Baner and Wakad, two business-lifestyle micro-markets closely linked to the city’s IT corridors and commercial clusters.

    Quotes and details
    Commenting on the expansion, Kahraman Yigit, CEO and Co-founder of Olive by Embassy, said Pune represents a strong convergence of innovation, enterprise and professional mobility, driving demand for accommodation that is efficient, well-connected and technology-enabled. He added that the launches in Baner and Wakad strengthen Olive’s metro presence while aligning the brand for the city’s next phase of growth.
    Olive Hotel Baner has been developed in one of Pune’s established commercial and residential districts, offering proximity to corporate offices as well as social and lifestyle infrastructure. Olive Hotel Wakad is positioned to serve professionals commuting to the Hinjewadi IT hub and caters to longer business stays, with direct access to key business parks and the Mumbai–Pune Expressway.

    The Pune debut forms part of Olive by Embassy’s broader west India growth plan. The brand is targeting more than 40 hotels and over 1,200 keys in Pune by 2030, with future locations planned across Hinjewadi, Pimpri Chinchwad, Hadapsar, Kalyani Nagar, MG Road, Viman Nagar and Koregaon Park.
    At a national level, Olive by Embassy is aiming to add over 100 new locations in 2026, building on its existing presence in Bengaluru, Mysore, Chikmagalur and Vijayawada, alongside its new Pune footprint. Recent developments for the brand include the launch of Open Hotels, positioned as a remote AI-operated hospitality concept, and a partnership with Hilton to roll out 150 Spark hotels in India. With the Pune entry, Olive continues to scale its tech-driven hospitality model across high-growth metro markets.

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  • Advanced Energy Storage Manufacturing Takes Shape as Luminous Power Technologies Commissions Lithium-ion Assembly Line in Baddi

    Rajiv Ganju, Senior Vice President Manufacturing and Global Supply Chain, and Ganesh Moorthi, Chief Technology Officer at Luminous Power Technologies, say the new facility strengthens precision manufacturing, digital traceability, and next-generation battery capabilities

    India’s push toward advanced energy storage and clean mobility received a boost with the inauguration of a lithium-ion battery assembly line by Luminous Power Technologies at its manufacturing facility in Baddi, Himachal Pradesh. The new line marks the company’s first lithium-ion battery assembly operation and represents a significant step in strengthening its next-generation energy storage capabilities.
    The lithium-ion assembly line has an installed production capacity of 500 megawatt hours and integrates advanced robotic automation with precision-led manufacturing processes. According to the company, the facility has been designed to meet high standards of quality, safety, and performance across lithium-ion battery packs.

    The new line is capable of manufacturing standalone lithium-ion battery packs, stationary Battery Energy Storage Systems, and automotive battery packs for e-rickshaw applications. It supports capacities ranging from 1.2 kilowatt hours to 16 kilowatt hours for individual battery packs, with system-level scalability up to 1 megawatt hour. This enables applications across residential, commercial and industrial energy storage, as well as electric mobility use cases.
    Rajiv Ganju, Senior Vice President Manufacturing and Global Supply Chain at Luminous Power Technologies, said the commissioning of the lithium-ion assembly line strengthens the company’s integrated manufacturing and supply chain capabilities. He said the facility reflects Luminous’ focus on precision, localisation, and building future-ready manufacturing operations to support India’s evolving energy requirements.

    A key feature of the assembly line is end-to-end digital traceability for every battery pack manufactured at the facility. The system is aligned with the latest Battery Aadhaar requirements, enabling full lifecycle tracking and strengthening regulatory compliance, transparency, and consumer confidence.
    Ganesh Moorthi, Chief Technology Officer at Luminous Power Technologies, said the new assembly line marks the beginning of a long-term journey in next-generation energy technologies for the company. He said the facility integrates advanced automation with multiple quality evaluation technologies and is designed to remain scalable as energy storage requirements evolve.

    Beyond manufacturing, the lithium-ion assembly line is expected to contribute to Luminous’ sustainability objectives. The facility supports renewable energy storage deployment, electric vehicle applications, and grid-level storage, while improving manufacturing efficiency through automation. The company said the line will also support circular economy practices through battery recycling and component reuse.
    The operationalisation of the assembly line is expected to generate employment and contribute to local economic development in the Baddi region. The facility further strengthens Luminous’ positioning as a full-stack consumer energy fulfillment company, supporting India’s transition toward cleaner, more efficient, and future-ready energy systems.
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  • Execution and Scale Lift Operating Profitability at Ambuja Cements in Q3 FY26

    Vinod Bahety, Whole Time Director and Chief Executive Officer, Ambuja Cements Limited, says record cement volumes and lower power and fuel costs supported a normalised profit after tax of ₹378 crore

    Ambuja Cements Limited reported a sharp improvement in underlying operating performance for the quarter ended December 31, 2025, supported by record cement volumes, stronger realisations, and sustained cost discipline. For a like for like assessment, the company highlighted normalised profit after tax as the most relevant measure, as it excludes one time and non recurring items that distorted year on year comparisons.
    On a normalised basis, Ambuja Cements posted a profit after tax of ₹378 crore in Q3 FY26, compared with ₹106 crore in Q3 FY25, translating into a year on year growth of approximately 258 percent. The improvement reflects strong operating momentum rather than exceptional or non operating income.

    The quarter saw the highest ever cement volumes at 18.9 million tonnes, up 17 percent year on year. Revenue rose 20 percent year on year to ₹10,277 crore, supported by a ₹5 per bag improvement in realisations. EBITDA increased 53 percent year on year to ₹1,353 crore, while EBITDA per tonne improved to ₹718, up 31 percent year on year.
    Reported profit after tax for Q3 FY26 stood at ₹367 crore. The company noted that reported PAT in the base period of Q3 FY25, at ₹2,663 crore, was materially inflated due to non recurring items, including a government grant of ₹826 crore, interest on income tax, income tax provision reversals, and other statutory adjustments. Excluding these items provides a more accurate picture of core operating performance.

    Ambuja Cements continued to outperform the broader industry during the quarter, recording volume growth at twice the industry average. Higher focus on trade and premium cement contributed to better realisations, with premium cement accounting for 35 percent of trade sales and premium volumes growing 31 percent year on year.
    Cost leadership initiatives delivered visible gains. Kiln fuel cost declined to ₹1.65 per thousand kilocalories, among the lowest in the sector, while power cost reduced 15 percent year on year to ₹5.39 per kilowatt hour. The share of green power increased to 36.9 percent, up 14.8 percentage points year on year. Logistics cost declined to ₹1,236 per tonne, supported by higher direct dispatch and route optimisation.

    Net worth stood at ₹69,854 crore at the end of the quarter. The company remained debt free and continued to maintain the highest credit ratings of AAA from CRISIL and CARE.
    During the quarter, Ambuja Cements expanded its total cement capacity to 109 million tonnes per annum following the commissioning of the 2.4 MTPA Marwar Grinding Unit. The company reiterated its plan to reach 115 MTPA by March 2026, with the Warisaliganj unit now expected to be operational in Q1 FY27.
    A key strategic development was the announcement of the amalgamation of ACC Limited and Orient Cement Limited with Ambuja Cements Limited, creating a unified One Cement Platform. The proposed merger is expected to optimise manufacturing and logistics, streamline operations, and improve capital efficiency, subject to regulatory approvals, with completion expected during FY27.
    Commenting on the quarter, Vinod Bahety, Whole Time Director and Chief Executive Officer of Ambuja Cements Limited, said, “We continue our strong growth trajectory with record volumes and improved realisations. Cost optimisation across power, fuel, logistics, and green energy adoption remains central to our operating blueprint, alongside digitisation initiatives under CiNOC to improve productivity and efficiency.”
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  • North East India Opens Up to Premium Quartz as Specta Makes a Market Entry Through CONWOO Siliguri

    Ankit Jain, Founder of Specta Quartz Surfaces by ARL Group, says participation at CONWOO Siliguri 2026 and the X-Ellence Series showcase mark the brand’s focused expansion into an emerging eastern market

    Specta Quartz Surfaces by ARL Group has expanded its presence into North East India through its participation at CONWOO Siliguri 2026, East India’s international exhibition focused on construction, building materials, architecture, and wood innovations. The move reflects the company’s intent to enter a region that is gradually adopting premium materials and contemporary design approaches.
    The North Eastern region has traditionally seen limited penetration of engineered quartz surfaces. However, rising urbanisation, exposure to global design trends, and increasing investments in luxury housing and hospitality projects are beginning to change material preferences. Specta expects the eastern region to contribute close to five percent of its overall sales during the initial phase as awareness and adoption of premium quartz surfaces grow.

    At CONWOO Siliguri, Specta showcased its recently launched X-Ellence Series, a curated range comprising ten colours drawn from four of the brand’s established collections, Maven, Allura, Pastel Poise, and Aura. The series is positioned for use across residential, commercial, and hospitality spaces, combining durability with refined visual appeal and flexibility of application.
    Siliguri’s role in this expansion is linked to its evolving position as a gateway city to the North East. Improved road and air connectivity, alongside ongoing urban development initiatives, have strengthened its strategic relevance. Parallel investments by hospitality operators, luxury real estate developers, and infrastructure agencies are contributing to Siliguri’s emergence as a growth centre in eastern India.

    Commenting on the expansion, Ankit Jain, Founder, Specta Quartz Surfaces, said, “We see strong long term potential in North East India as the region opens up to premium housing, hotels, and commercial spaces. Our presence at CONWOO Siliguri allowed us to engage directly with architects, developers, and partners who are shaping this next phase of growth. With the X-Ellence Series, we are introducing surfaces that combine performance with contemporary design, suited to the region’s evolving aspirations.”

    Specta’s participation at the exhibition aligns with its broader approach of entering emerging markets early and building awareness through direct engagement, exhibitions, and partnerships. As Siliguri continues to attract investment and strengthen its role as an urban hub for the North East, the company aims to contribute to shaping material and design choices across the region’s built environment.
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  • A Low Density Residential Development Takes Shape in South East Bengaluru With Assetz Melodies of Life Apartments

    Akshay Dewani, Chief Executive Officer, and Sunil Pareek, Executive Director at Assetz, say the project reflects a design led approach to space planning, sustainability, and community living

    Assetz has announced the launch of Melodies of Life Apartments, a residential project located in South East Bengaluru. The development is positioned within a neighbourhood that has seen increased residential interest due to its proximity to major employment corridors and established social infrastructure.
    The project is located off Hosa Road and is approximately 15 minutes from the Outer Ring Road, a key hub for technology parks and corporate offices in Bengaluru. Educational institutions such as PES University and healthcare facilities including Manipal Hospital are within a short driving distance. Retail and leisure destinations such as PNR Felicity Mall, Nexus Mall, and Byg Brewski form part of the surrounding social ecosystem. The apartments are adjacent to Assetz Melodies of Life, a plotted development, and form part of a larger residential layout envisioned by the developer.

    Spread across approximately three acres, Melodies of Life Apartments comprises 204 three bedroom residences across two towers, with open spaces accounting for 74 percent of the site area. The project is planned as a low density residential community within a predominantly low rise neighbourhood. Apartment sizes range from 1,827 square feet to 1,853 square feet of super built up area, with living balconies extending up to 110 square feet.
    A central landscaped spine forms the organising element of the project, functioning as a colonnaded boulevard that connects common areas and amenities. Amenities are distributed across podium gardens and lifestyle zones, supported by extensive landscape design. Residents have access to two clubhouses, one within the apartment development and another at the adjoining plotted community, together offering approximately 38,000 square feet of recreational and community spaces.

    According to the developer, the project is designed to prioritise daylight, ventilation, privacy, and walkability. Architectural features include double height lobbies, garden facing residences, and a material palette selected to align with long term durability and maintenance considerations.
    Commenting on the launch, Akshay Dewani, Chief Executive Officer, Assetz, said the intent behind the project was to create a residential environment that remains closely connected to nature. He said the design incorporates native landscaping, large living balconies with provisions for remote controlled blinds, and amenities such as padel and pickleball to support both active and mindful lifestyles.

    Sunil Pareek, Executive Director, Assetz, said the company’s focus has consistently been on long term value creation through design, governance, and sustainability. He noted that with more than 50 projects, over 700 acres acquired or licensed, and a residential portfolio exceeding 50 million square feet delivered and under development, the company continues to focus on low density planning and sustainable community building.
    The project incorporates sustainability measures including the use of recycled water for landscaping, energy efficient lighting in common areas, time adjusted street lighting, electric vehicle fast charging stations, and an organic waste converter.
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  • Constrained Supply and Buyer Confidence Push Luxury Home Prices Higher in Goregaon West

    Dhruman Shah, Promoter, Ariha Group, and Nihar Jayesh Thakkar, Founder, The Mandate House, point to execution led demand and limited inventory driving appreciation in the micro market

    Goregaon West is consolidating its position as one of Mumbai’s more resilient residential micro markets, particularly in the luxury and premium housing segment. Supported by established social infrastructure, connectivity to key commercial districts, and limited availability of new high quality developments, the locality continues to see sustained interest from both end users and investors, translating into steady price appreciation.
    Market trends indicate a shift in buyer behaviour toward projects that demonstrate location strength, visible construction progress, and long term value creation. In Goregaon West, where fresh supply remains constrained, buyers are closely tracking execution milestones, with projects showing timely progress witnessing faster absorption and quicker price movement.

    A recent example of this momentum can be seen in a luxury residential project by Ariha Group at Jawahar Nagar in Goregaon West. The project, launched in October at ₹27,500 per square foot, has recorded a price revision to ₹36,000 per square foot following strong buyer response. The appreciation reflects sustained demand in a market where quality developments are limited.
    Construction progress has played a critical role in reinforcing buyer confidence. The project has crossed the seventh slab ahead of schedule, providing visible on ground assurance in a market increasingly driven by delivery credibility rather than speculative pricing.

    Commenting on the broader market environment, Dhruman Shah, Promoter of Ariha Group, said, “Goregaon West continues to attract homebuyers seeking a combination of location advantage, lifestyle quality, and execution certainty. The response to our project at Jawahar Nagar reflects genuine end user demand, supported by limited supply and consistent construction progress.”
    Offering a market perspective, Nihar Jayesh Thakkar, Founder of The Mandate House, said Goregaon West is transitioning into a mature luxury residential zone. “Buyers today monitor both appreciation trends and construction milestones before committing. Projects that combine timely execution with limited inventory are seeing rapid value creation in this micro market,” he said.

    Following the price revision, the developer has also introduced a time bound incentive on select remaining inventory, marking the project’s progression and demand momentum. Industry observers note that such initiatives typically coincide with price resets in tightly supplied luxury markets rather than being drivers of demand themselves.
    With limited new launches, prices already revised upward, and construction advancing ahead of timelines, luxury projects in Goregaon West continue to demonstrate how execution driven developments are being rewarded with early and sustained appreciation.
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  • Global Advisory Expansion Plans Take Shape as SBC LLP Secures Pre Series A Funding

    Mithilesh Reddy, Founder and Chief Executive Officer, SBC LLP, says the ₹100 crore valuation funding will support international growth, AI driven platforms, and specialised advisory capabilities

    SBC LLP has announced the successful closure of its pre Series A funding round at a valuation of ₹100 crore, marking a key milestone in the firm’s growth journey as it prepares to scale globally and deepen its technology led advisory offerings.
    The funding round was led by Raju Menon, Founder and Chairman of Kreston Menon Group in the UAE, and Suresh Katamreddy, Founder and Chief Operating Officer of Kastech Group in the United States. The investment will be used to accelerate expansion across the India, UAE, and US corridor, develop proprietary AI enabled platforms, and strengthen specialised advisory practices.

    Founded in 2017, SBC LLP has grown to a team of more than 270 professionals operating across India, the UAE, and the United States. The firm serves over 350 clients including multinational enterprises, private equity backed companies, and Indian conglomerates. Its service portfolio spans transfer pricing, international taxation, mergers and acquisitions advisory, valuations, Global Capability Center incubation and managed services, and technology enabled outsourcing.
    Commenting on the funding, Mithilesh Reddy, Founder and Chief Executive Officer of SBC LLP, said, “This investment reinforces our vision of building a globally relevant Indian advisory platform. Over the past eight years, we have developed a differentiated model that combines deep technical expertise with technology driven scalability. The partnership strengthens our ability to deliver complex cross border advisory mandates.”

    Raju Menon, Founder and Chairman of Kreston Menon Group, said the firm reflects the execution standards required to compete globally. He noted that the convergence of India’s expanding international footprint and regulatory sophistication creates a strong opportunity for Indian advisory platforms, with SBC LLP well positioned to capitalise on the India and Middle East corridor.
    The capital raised will be directed towards three focus areas. These include the development of AI enabled platforms supporting the firm’s transition towards a service as a platform model, expansion of specialised advisory capabilities in cross border transactions, ESG consulting, and Global Capability Center incubation and managed services, and entry into high growth markets such as Saudi Arabia, Singapore, and the UAE.

    Suresh Katamreddy, Founder and Chief Operating Officer of Kastech Group, said increasing cross border activity is driving demand for multi jurisdictional advisory expertise. He added that combining SBC LLP’s advisory capabilities with Kastech’s experience in generative AI, machine learning, and robotic process automation will support automation, efficiency, and global scalability.
    SBC LLP has made sustained investments in proprietary technology including AI powered transfer pricing platforms, integrated litigation tracking systems, and automated compliance frameworks. The firm has also been recognised as a Notable Transfer Pricing Firm by ITR World Tax, reflecting its growing standing in the global advisory landscape.
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  • FMCG Supply Chain Capabilities See a Shift as TVS Supply Chain Solutions Integrates Swamy & Sons 3PL

    K. Sukumar, CEO for India, Middle East and Africa at TVS Supply Chain Solutions Limited, says the ₹88 crore transaction expands FMCG and FMCD logistics depth in Andhra Pradesh and Telangana

    TVS Supply Chain Solutions Limited has announced the integration of Hyderabad based Swamy & Sons 3PL into its India operations, marking a shift in its FMCG and FMCD logistics capabilities across key consumption led markets.
    The transaction has been executed through FIT 3PL, a wholly owned subsidiary of TVS Supply Chain Solutions, at an enterprise value of ₹88 crore. The acquisition has been funded through internal accruals. Swamy & Sons 3PL reported revenue of ₹207 crore in FY25, with a profit before tax margin of 3.2 percent.

    Swamy & Sons 3PL has developed operating depth in FMCG logistics over several decades, supporting high volume and time sensitive supply chains for a portfolio of leading customers. Its footprint across Andhra Pradesh and Telangana has positioned the company as a regional logistics partner for FMCG and FMCD brands with complex distribution requirements.
    The integration strengthens TVS Supply Chain Solutions’ presence in the FMCG logistics segment by expanding regional execution capability and adding customer relationships in southern India. The transaction also enhances distribution and last mile service coverage in high growth markets, while extending sectoral depth within the company’s national network.

    According to the company, the deal provides immediate access to FMCG focused warehousing and logistics operations and supports scale driven growth by leveraging TVS Supply Chain Solutions’ existing warehousing footprint of approximately 20 million square feet.
    Commenting on the development, K. Sukumar, CEO for India, Middle East and Africa at TVS Supply Chain Solutions, said the integration reflects a deliberate step toward building a stronger supply chain platform in India. He said Swamy & Sons 3PL’s regional strength and FMCG expertise complement TVS SCS’ upstream and downstream capabilities, including servicing third party dark store operations at scale.

    Arun Swamy, Promoter of Swamy & Sons 3PL, said the move provides access to a larger organisational framework, systems, and governance standards, while enabling expansion into new geographies. He added that the focus would remain on customer continuity and growth during the transition.
    Arun Swamy will continue to lead the organisation following the integration and oversee customer retention and operational continuity.
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  • Global Collaboration Push Shapes AIC BIMTECH’s Startup Strategy as It Enters 2026

    Surya Kant, Chief Executive Officer, Atal Incubation Centre BIMTECH, says international partnerships and capacity building will anchor the centre’s next growth phase after supporting 121 startups and ₹6.7 crore in funding

    Atal Incubation Centre BIMTECH closed 2025 as a milestone year marked by expanded founder engagement, international exposure, and ecosystem development, and has entered 2026 with a renewed focus on global collaboration and institutional capacity building. The incubation centre, part of BIMTECH, strengthened its role as a founder focused platform through a series of national and international initiatives aimed at accelerating startup readiness and cross border integration.
    During 2025, AIC BIMTECH anchored multiple high impact engagements that enhanced founder capabilities and ecosystem access. Key initiatives included Google AI Day in collaboration with Google for Startups, Startup Chile for the launch of its BIG accelerator programme, the UAE India CEPA Startup Series, and its flagship Gen Next Founder Connect. Over the year, AIC BIMTECH onboarded more than 121 startups into its portfolio and supported the disbursement of ₹6.7 crore in funding, reinforcing its position as an incubation centre focused on long term founder outcomes.

    Building on this momentum, AIC BIMTECH began 2026 with a strategic engagement with Expert Dojo as part of the accelerator’s India investment tour. The collaboration is aligned with plans to deploy an initial 15 million dollars in funding within the first year. The session titled “How to Build a Unicorn,” led by Brian Mac Mahon and Ashutosh Kumar Jha, brought together more than 70 founders and focused on investor alignment, global scaling strategies, and accelerator led growth.
    The renewed global emphasis aligns with broader national priorities as India marks a decade of the Startup India initiative. The Hon’ble Union Minister for Commerce and Industry, Piyush Goyal, has underlined the need for incubation centres to build international innovation bridges through structured partnerships that enable cross border collaboration and knowledge exchange. In line with this vision, AIC BIMTECH has expanded collaborations with Bhutan, Chile, and the United Arab Emirates, creating pathways for international exposure and ecosystem participation for Indian startups.

    A significant milestone in January 2026 was the launch of a six day Startup Ecosystem Development and Acceleration Programme for a Bhutanese delegation, held from January 19 to January 24, 2026. The programme focused on institutional capacity building, accelerator design, funding frameworks, and cross border ecosystem development, further strengthening bilateral startup engagement.
    The programme coincided with AIC BIMTECH’s ninth Foundation Day on January 20, 2026, marking nearly a decade of its contribution to startup ecosystem development. As part of the Foundation Day observances, AIC BIMTECH recognised alumni startups for their role in capacity building and accelerator training initiatives undertaken in collaboration with the Royal Government of Bhutan, reflecting the centre’s expanding role in international ecosystem development.

    Dr. Prabina Rajib, Director of BIMTECH, highlighted the institution’s academic vision and its commitment to nurturing entrepreneurship and innovation. She noted the sustained impact of AIC BIMTECH since its inception in 2017 and its growing recognition through recent national and international engagements.
    Reflecting on the journey ahead, Surya Kant, Chief Executive Officer of AIC BIMTECH, said, “As we move into 2026, our focus is on building institutional capacity and long term global partnerships that strengthen startup ecosystems beyond borders.”
    The programme concluded with a valedictory session attended by Shri Vivek Sharma, IRS, Managing Director of the Footwear Design and Development Institute, an institute of national importance. The chief guest highlighted the importance of global collaboration, policy alignment, and structured capacity building in strengthening startup ecosystems across countries.
    With sustained founder engagement, international partnerships, and ecosystem capacity building at its core, AIC BIMTECH continues to position itself as a catalyst for innovation, supporting startups in translating entrepreneurial potential into scalable and globally relevant ventures.
    At Prittle PrattleNews, 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, Instagram, and YouTube for more stories that matter.