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  • Gensol EV Secures 30,000 Pre-Orders for EZIO and EZIBOT at Bharat Mobility Expo 2025

    Showcasing revolutionary urban electric vehicles, Gensol EV earns overwhelming praise and redefines India’s EV landscape with its sustainable mobility solutions.

    Gensol Electric Vehicles Pvt. Ltd. (GEVPL), a subsidiary of Gensol Engineering Limited (BSE: 542851, NSE: GENSOL), captivated audiences at the Bharat Mobility Global Expo 2025 with the unveiling of its micro urban EV, EZIO, and last-mile delivery EV, EZIBOT. The company announced 30,000 pre-orders for its innovative vehicles, reflecting the market’s enthusiasm and trust in Gensol’s cutting-edge solutions for urban mobility and fleet operations.
    A New Era of Urban Mobility: The Revolutionary EZIO and EZIBOT
    EZIO: Compact Urban Commuting Redefined
    The EZIO is a 2-door, 2-seater electric vehicle designed to tackle the challenges of city commuting. Its innovative reverse trike design reduces weight, enhances stability, and optimizes energy efficiency, making it a game-changer for fleet operators and shared mobility platforms.

    Key Features of EZIO:

    • Compact and Practical Design: The reverse trike structure improves maneuverability, solves parking challenges, and provides optimized rear storage, ideal for dense urban environments like Mumbai and Delhi.
    • Exceptional Range and Charging Efficiency: A range of 200 km per charge, with 2-3 hours for a full charge, makes it a leader in its segment for energy efficiency.
    • Affordable Operations: Running costs as low as ₹0.50-₹0.60 per km, offering fleet operators savings of up to 80% compared to petrol vehicles.
    • Uncompromised Safety: A high-tensile steel space frame chassis ensures durability, supported by rigorous testing over 100,000 km under diverse conditions.

    EZIBOT: Revolutionizing Last-Mile Delivery
    The EZIBOT, a cargo and delivery-focused EV, addresses India’s growing logistics needs. Designed for last-mile delivery services in urban settings, it boasts efficiency, affordability, and an eco-friendly footprint, aligning with India’s push for sustainable logistics solutions.

    Leadership Vision: A Commitment to Sustainability and Innovation
    At the unveiling, Anmol Singh Jaggi, Managing Director, Gensol Engineering Ltd., shared:
    The Bharat Mobility Show provided the perfect platform to showcase EZIO, a vehicle designed to revolutionize urban commuting. At Gensol EV, our mission is to create purpose-driven mobility solutions that tackle real challenges, such as traffic congestion, rising pollution, and the need for affordable fleet operations. EZIO represents our commitment to delivering innovative products, Made in India, for the world.

    Pratik Gupta, CEO, Gensol EV, highlighted the enthusiastic market response:
    With 30,000 pre-orders for EZIO and EZIBOT, we’re thrilled by the confidence the market has shown in our vision. As we gear up for production at our state-of-the-art facility in Chakan, Pune, and launch in key cities like Bangalore and Delhi, we aim to accelerate India’s transition to smarter, greener mobility solutions.
    Engaging Audiences at Bharat Mobility Expo 2025
    Gensol EV’s booth at the Bharat Mobility Global Expo featured interactive presentations and live demos, offering attendees a hands-on experience of EZIO’s cutting-edge features. Industry leaders, fleet operators, and media praised the vehicles’ purpose-driven design and Gensol’s vision for sustainable urban mobility.

    About Gensol Engineering Limited

    Gensol Engineering Limited, established in 2012, is a leading player in the renewable energy sector, specializing in solar EPC (engineering, procurement, and construction) services and electric mobility solutions.

    Key Highlights of Gensol’s Journey:

    • Successfully executed 770 MW of diverse solar projects, including rooftop, ground-mount, and floating solar installations.
    • Acquired Scorpius Trackers, a world-class single-axis solar tracking solution provider, in 2023.
    • Established an EV manufacturing facility in Chakan, Pune, with a production capacity of 30,000 vehicles annually.
    • Certified by Automotive Research Association of India (ARAI), Gensol’s EVs meet rigorous standards for quality, safety, and sustainability.

    In addition to EV manufacturing, Gensol offers comprehensive EV leasing solutions, catering to public sector units (PSUs), multinational corporations, government bodies, and logistics providers.
    Gensol is also contributing to Battery Energy Storage Systems (BESS) and the Green Hydrogen economy, driving India’s transition to a cleaner, more sustainable energy future.

    A Bold Step Toward Sustainable Mobility
    The unveiling of EZIO and EZIBOT marks a new chapter in India’s electric mobility landscape. With production set to commence at its Pune facility and a clear focus on urban transportation and last-mile delivery, Gensol EV is poised to lead the way in making eco-friendly vehicles accessible to the masses.
    For more updates, follow Gensol EV on:
    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.

  • Woodland Partners with The Quick Style to Inspire Adventure as a Way of Life

    A collaboration curated by White Rivers Media brings together Woodland’s outdoor legacy and The Quick Style’s global dance brilliance, redefining adventure for Gen Z and Millennials.

    Woodland, the global leader in adventure footwear and performance gear, has joined hands with the renowned dance troupe The Quick Style for a campaign that blends art, movement, and adventure. Curated by White Rivers Media, the campaign reimagines adventure as a lifestyle, appealing to younger generations who seek authenticity and cultural relevance.
    This unique partnership reflects Woodland’s commitment to sustainability, innovation, and youthful exploration, while The Quick Style’s dynamic storytelling captures the spirit of freedom and movement.

    Campaign Highlights: A Unique Fusion of Movement and Outdoor Spirit
    Inspiring a New Generation:
    The campaign celebrates the shift toward adventure as a lifestyle, urging younger audiences to embrace exploration not just as an activity but as a way of expressing themselves.
    Dynamic Synergy:
    The campaign brings to life the connection between Woodland’s performance-driven gear and The Quick Style’s vibrant choreography, showing how adventure transcends physical spaces to become a state of mind.
    Watch the campaign reel here: Woodland x The Quick Style Instagram Reel.
    White Rivers Media’s Expertise:
    Recognized for delivering culturally authentic campaigns, White Rivers Media bridges the gap between brand storytelling and youth culture. This collaboration demonstrates how art and adventure can coexist to inspire meaningful connections with audiences.
    Inspiring a New Generation:
    The campaign celebrates the shift toward adventure as a lifestyle, urging younger audiences to embrace exploration not just as an activity but as a way of expressing themselves.

    The Quick Style: Icons of Global Dance Culture
    The Quick Style, founded in Norway, is renowned for its ability to blend storytelling and choreography with cultural elements. Known for working with international brands and artists like BTS and Jason Derulo, they bring a global appeal to Woodland’s campaign. Their ability to resonate with Gen Z and Millennials makes them the perfect partners to convey Woodland’s message of adventure and authenticity.

    Voices Behind the Collaboration
    Nikita Malhotra Singh, Head of Digital Marketing at Woodland, shared her excitement about the campaign:
    At Woodland, we’ve always combined style, performance, and sustainability to inspire adventure. This collaboration with The Quick Style allowed us to celebrate the philosophy of adventure as a lifestyle in a culturally meaningful way.
    Adding his perspective, Mitesh Kothari, Co-founder and Chief Creative Officer of White Rivers Media, said:
    Compelling brand stories emerge when cultural authenticity meets creative expression. The partnership between Woodland and The Quick Style celebrates movement, exploration, and the art of storytelling in a way that truly resonates with today’s youth.

    Why This Collaboration Matters

    1. Connecting with Younger Generations:
      According to a McKinsey study, Gen Z and Millennials value authentic brand experiences that align with their personal values. Woodland’s partnership with The Quick Style taps into these preferences by showcasing adventure as a lifestyle movement.
    2. Adventure with a Purpose:
      Woodland’s campaign reflects its ethos of sustainability and exploration, using eco-conscious materials to create high-performance gear. The campaign highlights how adventure can be both exciting and responsible, aligning with Gen Z’s commitment to environmental sustainability.
    3. White Rivers Media’s Strategic Impact:
      With WRM’s ability to combine culture and commerce, this collaboration positions Woodland as a brand that values creativity, movement, and authentic connections, paving the way for impactful brand storytelling.

    Adventure is Now a Lifestyle
    The collaboration redefines adventure as more than just an outdoor activity. By combining Woodland’s durable, sustainable gear with The Quick Style’s vibrant artistry, the campaign delivers a global message:

    • Adventure is a mindset.
    • Movement is freedom.
    • Sustainability is the future.
    Woodland is a pioneer in performance outdoor gear, specializing in eco-friendly footwear, apparel, and accessories that inspire exploration and adventure. With a focus on sustainability and rugged durability, Woodland empowers adventurers across the globe.
    The Quick Style is a globally celebrated dance troupe, known for its innovative approach to storytelling through movement. From international performances to collaborations with major brands, they are cultural icons who redefine art and creativity
    White Rivers Media is an award-winning digital marketing agency that specializes in creating culturally relevant campaigns. By aligning brands with youth culture, WRM delivers authentic and impactful stories that drive meaningful engagement.
    At Prittle Prattle News, featuring you virtuously, we bring you stories that celebrate creativity, culture, and collaboration. Led by Editor-in-Chief Smruti Bhalerao, we highlight impactful narratives that inspire change. Stay connected with us on LinkedIn, Instagram, and YouTube for more updates.

  • Torrent Pharma’s Strategic Focus Powers Domestic Growth in Q3 FY25

    Torrent Pharma reinforces its leadership in domestic formulations while focusing on operational efficiency and profitable growth across global markets, despite external challenges.

    Torrent Pharmaceuticals (TRP) continues to strengthen its market position, achieving consistent growth in Q3 FY25, led by its robust domestic formulations (DF) business. The company navigated currency-related headwinds in Brazil and subdued activity in the US generics market, showcasing resilience through its strategic focus on profitable growth and market expansion.

    Key Highlights of Q3 FY25 Performance
    Adjusted PAT witnessed a significant 32% YoY growth, reaching ₹5 billion.
    Domestic Formulations Driving Growth
    Torrent Pharma reported an 11.7% YoY growth in DF revenue, reaching ₹15.8 billion, which accounted for 56% of total sales. The growth is attributed to:

    • Strategic addition of medical representatives (MRs) to enhance market penetration.
    • Continued expansion in the consumer health segment, contributing to sustained leadership in branded generics.

    Stable International Operations Amid Challenges

    • Germany: Sales increased by 4.4% YoY to ₹2.8 billion, supported by incremental tender wins in the European Union.
    • US Generics: Stable at ₹2.7 billion (USD 32 million), reflecting consistent performance despite limited approvals, a critical market regulated by the US FDA.
    • LATAM: Revenue declined by 6.7% YoY to ₹2.9 billion due to a 17% depreciation in the Brazilian Real (BRL).

    Profitability Highlights

    • Gross margins improved by 160 basis points (bps) YoY to 76%, driven by a favorable product mix.
    • EBITDA margins rose by 70 bps YoY to 32.5%, reflecting effective cost optimization despite increased employee costs.
    • Adjusted PAT witnessed a significant 32% YoY growth, reaching ₹5 billion.

    Nine-Month Performance Snapshot (9M FY25)
    Torrent Pharma’s consistent operational performance is evident in its 9M FY25 results, with:

    • Revenue growth of 7.2% YoY to ₹85.6 billion.
    • EBITDA growth of 11.8% YoY to ₹27.8 billion.
    • PAT growth of 24.6% YoY to ₹14.3 billion.

    Management Outlook: Strategic Focus for Q4 FY25

    • Insulin Contract Manufacturing Operations (CMO): The delayed dispatch of insulin products will begin in January 2025, adding momentum to Q4 FY25 revenue.
    • Brazil Market: Torrent Pharma is optimistic about 20 products under review with ANVISA, paving the way for future LATAM expansion.
    • Germany: Expected high-single-digit growth in FY25, supported by recent tender wins.
    Future Growth Drivers
    Torrent Pharma is strategically positioned for growth, driven by:
    1. Leadership in Domestic Formulations: Expanding reach through consumer health and medical representatives reinforces its top position in branded generics.
    2. Operational Efficiency: Sustained EBITDA margins highlight the company’s cost management expertise.
    3. Inorganic Opportunities: Torrent Pharma’s robust free cash flow (FCF) will reduce leverage and enable future acquisitions.
    With a projected CAGR of 15% in revenue, 18% in EBITDA, and 28% in PAT over FY25-FY27, the company is on track for consistent and profitable growth.
    Torrent Pharmaceuticals is a leading Indian company specializing in branded generics, with a strong presence in domestic formulations and key international markets like Germany, Brazil, and the US. With a commitment to innovation and operational excellence, Torrent Pharma continues to deliver high-quality healthcare solutions worldwide. At Prittle Prattle News, featuring you virtuously, we spotlight inspiring stories of innovation and resilience. Led by Editor-in-Chief Smruti Bhalerao, we are dedicated to delivering impactful narratives. Follow us on LinkedIn, Instagram, and YouTube.

  • 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.

  • Smriti Irani Leads Gender Equity Agenda at Davos 2025, Unlocking Global Economic Potential

    Smriti Irani’s transformative vision emphasizes gender equity as a cornerstone for global economic growth, featuring collaborations with world leaders and industry titans.

    Smriti Irani, Chairperson of the Alliance for Global Good – Gender Equity and Equality, emerged as a leading voice at Davos 2025, championing gender equity as a critical driver of global economic growth. On the sidelines of the World Economic Forum (WEF), Ms. Irani unveiled a bold, solution-oriented agenda to integrate women into the workforce, harnessing their potential to unlock trillions in global GDP.

    Gender Equity: An Economic Imperative
    Ms. Irani’s keynote at the session Women at the Fulcrum of Global Economies, co-hosted by the Bill and Melinda Gates Foundation, spotlighted groundbreaking data: women could control 50% of global wealth by 2030, and their full workforce integration could contribute an additional $1.6–$2.3 trillion to GDP by 2030. This is more than a moral obligation—it is an economic necessity, Ms. Irani emphasized, calling for a unified global commitment to close the gender gap.

    Global Collaborations for Measurable Impact
    1. Singaporean President Tharman Shanmugaratnam:
    Discussions centered on implementing gender-responsive trade agreements and integrating women entrepreneurs into global value chains, leveraging Singapore’s policy expertise to develop scalable models.
    2. Bill Gates:
    Collaboration focused on dismantling barriers in healthcare, digital skilling, and leadership development. Gates praised the Alliance’s data-driven approach, highlighting the importance of scalable, measurable solutions.
    3. Børge Brende, WEF President:
    A reflective meeting on the Alliance’s 2024 milestones, including the SAWIE (South Asian Women in Energy) initiative and the Commonwealth Partnership for gender-inclusive programs.
    4. Corporate Collaborations:
    With leaders like Salesforce SVP Naomi Morenzoni and Naspers CEO Phuthi Mahanyele-Dabengwa, Ms. Irani secured commitments for:
    Advancing digital inclusion through targeted initiatives.
    Skilling women in emerging sectors like e-commerce and technology.

    The Role of Women in Climate Action and Sustainability
    At the Alliance’s flagship We-Lead Lounge, Ms. Irani facilitated discussions on:

    • Women’s roles in climate action, aligning with global sustainability goals.
    • The future of work in healthcare, technology, and sustainability sectors.

    These discussions culminated in commitments to gender-inclusive policies and climate-responsive leadership programs.

    Empowering Women in Healthcare and Media

    1. Healthcare Partnerships:
      Collaborations with GAVI and the Coalition for Health Innovation and Collaboration (CHIC) aim to improve access for underserved women, tackling systemic barriers to quality care.
    2. Amplifying Women’s Voices:
      Working with TIME Magazine’s Viktoria Degtar, Ms. Irani emphasized the importance of reshaping narratives to recognize women’s leadership globally.
    India’s Global Leadership in Gender Equity
    The Alliance for Global Good, launched at WEF Davos 2024, reflects Prime Minister Narendra Modi’s vision of Women-led Development. Anchored by the Confederation of Indian Industry (CII) and supported by global players like Tata, Uber, Bayer, and Mastercard, the initiative aligns with India’s ethos of Vasudhaiva Kutumbakam—One Earth, One Family, One Future.
    Key achievements include:
    Smriti Zubin Irani, a World Economic Forum Young Global Leader (2015), has redefined leadership in India. As a three-time Member of Parliament and a trailblazing Union Cabinet Minister, she has championed initiatives for gender equity, disability inclusion, and women’s empowerment. Her historic win in Amethi during the 2019 elections cemented her legacy as a transformative leader.
    At Prittle Prattle News, featuring you virtuously, we spotlight global leaders like Smriti Irani who inspire transformative change. Led by Editor-in-Chief Smruti Bhalerao, our platform shares stories that empower and create awareness. Follow 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.

  • Air India Unveils eZ Booking: AI-Powered Tool Redefining Travel Reservations

    Maharaja Club Members Get Exclusive Access to Industry-Leading Agentic AI for Seamless Booking

    Air India, India’s flagship airline, has launched eZ Booking, an AI-driven reservation feature designed to revolutionize travel planning. Exclusively available for members of the Maharaja Club, this innovation leverages Agentic AI to simplify flight booking into a seamless, conversational process.
    eZ Booking eliminates the need for navigating multiple screens by enabling users to interact with the platform through natural language processing (NLP) or voice commands. This transformative tool mimics the expertise of a human travel agent, reducing booking times while enhancing the user experience.
    Dr. Satya Ramaswamy, Chief Digital and Technology Officer at Air India, commented, With eZ Booking, we are blending AI innovation with customer-centric design to redefine travel planning. This milestone reflects our commitment to elevating user experiences and leading digital transformation in the aviation industry.

    What Makes eZ Booking Revolutionary?
    1. Natural Language Interactions
    Users can simply express their travel needs in everyday language. Examples include:

    The AI processes the input and generates a personalized itinerary that can be modified with additional instructions.
    2. Voice-Enabled Functionality
    Leveraging advanced voice recognition technology, eZ Booking allows users to speak their requests, offering an intuitive, hands-free interaction.
    3. Simplified Modifications
    Changing travel plans? Customers can adjust their itineraries instantly by giving text or voice instructions without navigating back through multiple screens.

    Implications for the Airline Industry
    eZ Booking is more than a feature, it’s a significant leap forward in the use of AI in aviation. Its implications include:

    • Increased Efficiency: Streamlining booking processes to save time and effort.
    • Enhanced User Experience: Offering personalized itineraries and interactive interfaces.

    Global Recognition: Reinforcing Air India’s leadership in technology-driven aviation solutions

    Why eZ Booking Stands Out
    1. Maharaja Club Exclusivity
    During its initial phase, eZ Booking is available exclusively to members of the Maharaja Club, Air India’s prestigious loyalty program. The feature will soon be expanded to include all customers via the Air India website and mobile app.
    2. Industry Benchmark
    eZ Booking’s innovative approach sets a new standard in aviation technology, making Air India a trailblazer in integrating AI for customer engagement.3. Accessibility for All With voice-enabled capabilities and an intuitive interface, eZ Booking ensures inclusivity for users with varying levels of digital proficiency.

    Implications for the Airline Industry
    eZ Booking is more than a feature, it’s a significant leap forward in the use of AI in aviation. Its implications include:

    • Increased Efficiency: Streamlining booking processes to save time and effort.
    • Enhanced User Experience: Offering personalized itineraries and interactive interfaces.

    Global Recognition: Reinforcing Air India’s leadership in technology-driven aviation solutions.

    What’s Next for eZ Booking?
    As Air India expands its digital footprint, future plans for eZ Booking include:
    Multi-Language Support: Adding regional and global languages to cater to diverse demographics.
    Mobile Integration: Launching the feature on the Air India app to enhance accessibility.
    Broader Access: Extending the service beyond Maharaja Club members to all customers.
    Dr. Ramaswamy highlighted Air India’s commitment to innovation, eZ Booking reflects our vision to make travel planning smarter, faster, and more accessible. By combining cutting-edge AI with user-centric design, we are redefining what a seamless travel experience means.
    Air India, founded in 1932, is India’s largest international airline and a member of the Star Alliance. With a rich legacy and a commitment to innovation, Air India continues to lead the aviation industry through customer-centric services and digital advancements.

    Conclusion
    The launch of eZ Booking signifies Air India’s relentless pursuit of excellence in customer experience. By leveraging Agentic AI, the airline has not only simplified the booking process but also set a new benchmark in travel technology.
    With features like voice-enabled interaction, real-time modifications, and natural language processing, eZ Booking redefines what it means to have a seamless reservation journey. As Air India continues to innovate and expand its offerings, customers can look forward to smarter, faster, and more inclusive travel solutions. Experience the future of flight booking today at airindia.com.
    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.

  • 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.