Yogi Adityanath, Kapil Dev, Suniel Shetty, Abhinav Bindra, and top athletes grace TOISA 2025 as Neeraj Chopra, Jasprit Bumrah, Smriti Mandhana, Gukesh D, and Manu Bhaker lead the list of honorees.
Tag: prittleprattlenews
-
Beyond Cricket: TOISA 2025 Showcases India’s Rise as a Multi-Sport Powerhouse with Champions from Every Discipline
The Times of India Sports Awards (TOISA) 2025 was a grand celebration of Indian sports, bringing together champions from 36 different sporting disciplines. Held in Lucknow, the event honored both legendary athletes and rising stars, showing how Indian sports is growing beyond cricket and reaching new heights.
Indian Men’s Hockey Team Wins Team of the Year as Paralympic Stars Shine
Kapil Dev Honored with Lifetime Achievement Award, Abhinav Bindra Named Mentor of the Year
Young Athletes Take Center Stage
TOISA 2025: A New Chapter for Indian Sports
-
Pharma’s Next Big Shift: BCG & IPSO Chart India’s CRDMO Path to a $25 Billion Global Opportunity
A new BCG-IPSO report highlights how India’s CRDMO firms are scaling talent, infrastructure, and innovation to capture a larger share of the $145 billion global pharma outsourcing market.
India’s Contract Research, Development, and Manufacturing Organization (CRDMO) sector is undergoing a transformation, with projections placing it at $25 billion by 2035. A new report, “Unleashing the Tiger: Indian CRDMO Sector 2025”, published by Boston Consulting Group (BCG) and Innovative Pharmaceutical Services Organization (IPSO), outlines India’s growing influence in global pharmaceutical innovation.
The report highlights how eleven leading CRDMO firms have joined forces under IPSO to move beyond traditional outsourcing. The goal is to position India as a leader in biologics, RNA therapeutics, and advanced drug development, with strong support from government-backed initiatives and global supply chain shifts.India’s CRDMO market is expanding at a 15% CAGR, surpassing global industry growth. As pharmaceutical companies diversify manufacturing beyond China, India’s expertise in small molecules, biologics, and Antibody Drug Conjugates (ADCs) presents a major advantage. The report states that global supply chain realignments are unlocking a $10 billion opportunity for Indian CRDMOs.
Peter Bains, CEO Designate of Syngene International Ltd., emphasized that India is no longer just a low-cost outsourcing hub but is advancing towards high-value pharmaceutical innovation. He stated that IPSO’s efforts would accelerate India’s leadership in cutting-edge drug research and biomanufacturing.IPSO’s Role in India’s CRDMO Expansion
IPSO is bringing together leading Indian CRDMOs, including Syngene International, Aragen Life Sciences, Piramal Pharma Solutions, Sai Life Sciences, Neuland Laboratories, Aurigene, and Jubilant Biosys. This coalition aims to enhance India’s drug discovery capabilities, strengthen regulatory frameworks, and promote international partnerships.
Manni Kantipudi, CEO of Aragen Life Sciences, noted that IPSO represents a strategic shift for the Indian CRDMO sector. He highlighted that India must move beyond small-molecule manufacturing and focus on biologics, ADCs, and gene therapies to capture a larger share of the $145 billion global CRDMO market.
Vikash Agarwalla, Managing Director at BCG, emphasized that while India’s cost advantage, talent pool, and policy support are strong, the industry must address critical funding, regulatory, and sustainability challenges to fully capitalize on the $25 billion potential.Key Challenges on the Road to $25 Billion
Despite strong growth, India’s CRDMO sector must overcome several challenges to achieve its full potential. The BCG-IPSO report outlines five key areas that require immediate attention:
India needs to scale its talent pool by 6-7x by 2035, particularly in biologics, ADCs, and gene therapy. The regulatory approval process must be streamlined to enable faster clinical trials and drug approvals. IPSO is advocating for a more competitive regulatory framework to help Indian firms compete with United States, European Union, and Japan in securing global partnerships.
India currently imports a significant portion of its Active Pharmaceutical Ingredients (APIs), making supply chain resilience a key focus. Strengthening the domestic Tier 1 supplier base is crucial to reducing dependence on imports. Capital investment in CRDMOs needs to increase by 4-5x to build world-class R&D infrastructure. IPSO is working with policymakers to encourage financial incentives for research, manufacturing, and digital transformation.
With global pharma firms adopting Environmental, Social, and Governance (ESG) compliance standards, Indian CRDMOs need to align with sustainable manufacturing practices to remain competitive in international markets.Global Pharma’s Shift: India’s Growing Influence in CRDMO
The global pharmaceutical industry is evolving, and India is emerging as a preferred destination for contract research and drug development.
Pharmaceutical giants are actively diversifying their supply chains, with a shift away from China to India and Southeast Asia. Regulatory policies such as the US Inflation Reduction Act (IRA) are encouraging offshoring to cost-effective hubs like India. Additionally, the Indian government’s ₹25,000 crore R&D investment is fueling the country’s rise as a center for biologics, cell and gene therapy, and next-generation drug manufacturing.
Smruthi Suryaprakash, Partner at BCG, explained that IPSO is helping Indian CRDMOs move beyond outsourcing to full-scale drug discovery. She noted that India is now competing with the world’s top pharmaceutical research hubs and has the potential to become a leader in high-value drug manufacturing.India’s CRDMO Future: A $25 Billion Global Opportunity
With IPSO driving collaboration, India’s CRDMO sector is poised to play a central role in global pharmaceutical research and manufacturing. The next decade will determine whether India can fully capitalize on its scientific expertise, infrastructure, and policy advantages to secure a larger share of the global pharma market.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, Instagram, and YouTube for more stories that matter.
-
From Credit Challenges to Profits: Moneyboxx Powers MSMEs with 56% AUM Growth and Doubles Secured Lending
Backed by 33 lenders including SBI, ICICI Bank, and Bajaj Finance, Moneyboxx’s secured loan share surged to 38% of AUM, proving that financial stability, not just growth, is the future of MSME lending.
Moneyboxx Finance Limited, a leading provider of business loans for micro and small entrepreneurs in rural and semi-urban India, has reported a 56 percent year-over-year growth in assets under management (AUM), reaching ₹837 crore as of December 2024. In line with its strategy of financial resilience, Moneyboxx has doubled the share of secured lending, which now accounts for 38 percent of its AUM, compared to 17 percent in the third quarter of the previous fiscal year.
With an expanding network of 160 branches across 12 states, Moneyboxx is strengthening its role in MSME lending while ensuring long-term portfolio stability. The company’s rapid branch expansion, combined with a strategic focus on secured lending, signals a shift toward a more sustainable and risk-mitigated growth model.While several NBFCs and MSME lenders face rising delinquencies in unsecured loans, Moneyboxx has strategically increased its secured loan book, which now stands at ₹318 crore. The company plans to further increase secured loans to 45 percent of AUM by March 2025, reinforcing its position as a financially disciplined and risk-averse lender.
Deepak Aggarwal, Co-CEO and CFO of Moneyboxx Finance Limited, emphasized the company’s approach to balancing expansion with financial prudence. He stated that in a volatile credit market, rapid growth without risk control is not sustainable. At Moneyboxx, a conscious effort has been made to build a stronger, more resilient loan book by increasing secured lending while expanding reach to underserved MSMEs.Moneyboxx has strengthened its financial position with a recent equity infusion of ₹175.8 crore, which has significantly improved its net worth by 57 percent to ₹264.5 crore. The Capital Adequacy Ratio (CRAR) has increased to 35.76 percent from 28.28 percent in March 2024, providing a strong buffer against potential market fluctuations. The company is backed by 33 financial institutions, including HDFC Bank, Indian Overseas Bank, Nabkisan Finance, and Suryoday Small Finance Bank, ensuring strong financial backing for its continued expansion.
Moneyboxx has expanded its geographic footprint, growing from 86 branches in December 2023 to 160 locations across 12 states by December 2024. The company has entered key southern markets, including Telangana, Andhra Pradesh, Karnataka, and Tamil Nadu, to provide financial access to MSMEs in underserved regions.
The unsecured loan industry has faced increasing delinquencies over the past year due to factors such as subdued rural economic growth, election-related uncertainties, extreme weather conditions, and rising indebtedness in certain borrower segments. In line with industry trends, Moneyboxx has also experienced an increase in delinquency, resulting in higher credit costs. Gross non-performing assets (NPA) on book increased to 5.60 percent of AUM as of December 31, 2024, compared to 2.78 percent in the previous quarter. Net NPA rose to 2.88 percent from 1.41 percent over the same period.Despite these industry-wide challenges, Moneyboxx’s shift to secured lending is expected to mitigate risk and stabilize profitability in the coming quarters. The company remains focused on risk-adjusted growth to ensure financial sustainability for MSMEs while maintaining investor confidence.
As Moneyboxx enters the final quarter of fiscal year 2025, the company’s key priorities include scaling secured lending to 45 percent of AUM by March, strengthening credit risk controls, expanding its branch network, and maintaining a strong balance sheet. With a robust financial foundation, expanding lender partnerships, and a risk-mitigated lending strategy, Moneyboxx is poised to lead the next phase of growth in MSME financing.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, Instagram, and YouTube for more stories that matter.
-
While Big Corporations Talk ESG, Aksum Trademart Actually Built a Profitable ₹240 Crore Sustainable Business
Backed by Inflection Point Ventures, Aksum’s expansion into 40+ cities, 600+ SKUs, and AI-driven procurement solutions is fueling a new B2B revolution.
While many corporations make ambitious ESG claims, Aksum Trademart Pvt. Ltd. has turned sustainability into a high-growth business model, reporting a 143% year-over-year revenue surge to ₹240 crore in FY24. With a 700% increase in profit before tax, the company has established itself as one of India’s fastest-growing B2B supply chain disruptors, proving that sustainability and profitability can go hand in hand.
Backed by Inflection Point Ventures (IPV), Aksum Trademart has expanded into 40+ cities, offering 600+ unique SKUs across steel, scrap, chemicals, polymers, and construction materials. With a tech-driven approach, Aksum is transforming procurement for corporates and MSMEs, eliminating inefficiencies, and accelerating India’s shift towards sustainable supply chains.Sustainability is More Than Just a Buzzword, It’s a ₹240 Crore Reality
Unlike companies treating ESG as a PR exercise, Aksum Trademart has embedded sustainability into its core revenue model. Over 50% of its revenue comes from scrap and secondary steel, helping businesses reduce waste, cut procurement costs, and enhance operational efficiency.
This approach supports a circular economy, turning industrial waste into high-value raw materials, lowering environmental impact, and offering cost-effective procurement alternatives for Indian businesses. With demand for sustainable materials surging, Aksum’s growth trajectory proves that green business models aren’t just responsible, they’re profitable.
Sumit Bhatia, Co-founder of Aksum Trademart, highlights the company’s vision for sustainable growth:
“Our goal is to create sustainable, tech-driven supply chains that empower both large enterprises and MSMEs. Aksum’s rapid growth shows that when businesses prioritize efficiency and sustainability, profitability follows naturally.”Tech-Driven Supply Chain Innovation & Financial Strength
Aksum’s AI-driven procurement automation is making B2B supply chains smarter and more efficient. By integrating real-time vendor-client collaboration, predictive analytics, and digital procurement solutions, Aksum has eliminated manual inefficiencies that slow down traditional supply chains.
Additionally, the company has secured partnerships with leading financial institutions, including State Bank of India (SBI), HDFC Bank, ICICI Bank, and Yes Bank, offering working capital solutions that make procurement more accessible for MSMEs.
To further strengthen transparency and corporate governance, Aksum has appointed Grant Thornton as its statutory auditor, ensuring accountability and investor confidence.Aksum’s Vision for FY25: Scaling Sustainability, Tech & MSME Inclusion
As Aksum enters FY25, it is doubling down on its mission to:- Expand sustainable procurement solutions, Increasing the use of scrap and secondary materials to further reduce industrial waste
- Enhance AI-powered procurement automation, Bringing predictive analytics and smart vendor management into mainstream B2B procurement
- Strengthen financial inclusion for MSMEs, Providing easier access to working capital and digital credit solutions
- Scale into new markets, Targeting growth beyond 40+ cities and expanding product categories
With India’s supply chain ecosystem rapidly evolving, Aksum Trademart is not just growin, it’s redefining how businesses procure, trade, and scale in a world that demands both efficiency and sustainability. For more information, visit Aksum Trademart.
About Aksum Trademart
Aksum Trademart Pvt. Ltd. is a technology-driven B2B supply chain platform that provides businesses with streamlined procurement solutions across steel, scrap, chemicals, polymers, and construction materials. Founded with the mission of making supply chains smarter, more transparent, and sustainable, Aksum is backed by Inflection Point Ventures (IPV) and has expanded its operations to 40+ cities across India. With a focus on sustainability, financial inclusion, and AI-driven automation, Aksum is creating a future-ready supply chain ecosystem that benefits corporates, MSMEs, and the environment alike.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, Instagram, and YouTube for more stories that matter.
-
AI Takes Over Software Development: Onetab.ai Secures $3.3 Million to Power OneAsk’s Global Expansion
With a $3.3 million funding boost backed by top investors, Onetab.ai’s OneAsk is set to transform software development by automating coding, testing, deployment, and project management in one unified AI-driven platform.
Onetab.ai, a pioneering AI-driven technology company, has successfully closed its seed funding round, raising $3.3 million to accelerate the global rollout of OneAsk, the world’s first AI-powered agent designed to manage the entire Software Development Life Cycle (SDLC).
This investment, led by a Singapore-based Family Office, SOSV, Orbit, LIT FUND, and angel investor Sunil Kumar Singhvi, reinforces growing investor confidence in Onetab.ai’s vision to eliminate inefficiencies and fragmentation in software development using AI-driven automation.OneAsk: AI’s Answer to Software Development Bottlenecks
Software development remains one of the most complex, time-intensive, and fragmented industries today. Development teams juggle multiple tools for project planning, coding, debugging, testing, deployment, and post-launch analytics, leading to inefficiencies, delays, and rising costs.
OneAsk is an AI-powered end-to-end SDLC agent that integrates all these workflows into a single intelligent platform, allowing developers, project managers, and enterprises to work seamlessly, faster, and smarter.
Saket Dandotia, Founder of Onetab.ai, emphasized how OneAsk is built to revolutionize modern software development workflows.
“Building an AI agent that addresses the entire SDLC workflow has been our long-term vision. With OneAsk, we have created an intelligent platform that simplifies processes, accelerates development, and allows teams to focus on what truly matters, building exceptional software.” He further added, “OneAsk is not just another tool; it is an AI-powered partner that enhances decision-making, improves collaboration, and significantly reduces time-to-market.”How OneAsk Works: AI-Driven SDLC Management
OneAsk leverages Large Language Models (LLMs) and AI-powered automation to seamlessly integrate the different stages of software development:- Project Management & Collaboration – AI-driven real-time communication tools that streamline project coordination.
- Intelligent Coding Assistance – AI-powered code generation, debugging, and optimization.
- Automated Quality Assurance – AI-driven testing frameworks that identify and resolve bugs before deployment.
- Smarter Deployment & Analytics – Predictive insights and continuous monitoring to optimize software performance.
By bringing these elements under one AI-driven umbrella, OneAsk eliminates the need for multiple disconnected tools, improving productivity and cutting software development costs by up to 40%.
Global Expansion & The Future of AI-Powered Development
The $3.3 million seed funding will enable Onetab.ai to:- Expand its engineering and AI research teams to refine OneAsk’s capabilities Scale operations to meet
- growing enterprise demand for AI-powered software development Accelerate OneAsk’s international
- rollout, targeting key global tech hubs in North America, Europe, and Asia
Since its initial rollout, OneAsk has already been adopted by 15+ enterprises, with organizations reporting a 30% improvement in development efficiency and a significant reduction in error rates.
The software development industry, valued at $600 billion globally, is undergoing a radical shift towards automation and AI-led innovation. With OneAsk, Onetab.ai is positioning itself as a frontrunner in the AI-powered software revolution, bridging the gap between human creativity and machine-driven efficiency.For more details about OneAsk, visit Onetab.ai.
Founded in 2022, Onetab.ai is at the forefront of AI innovation in software development. The company’s flagship platform, OneAsk, is the world’s first AI-powered agent designed to seamlessly manage the entire Software Development Life Cycle (SDLC). Backed by leading global investors, Onetab.ai is on a mission to eliminate inefficiencies in software development through cutting-edge AI solutions.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, Instagram, and YouTube for more stories that matter.
-
One Degree, Multiple Countries: St. George’s University’s Transnational Medical Program is Raising the Bar
Through its partnership with Northumbria University, SGU is training doctors in both the UK and Grenada, equipping them for an evolving medical landscape.
Medical education is rapidly evolving, and St. George’s University (SGU) is leading the way with its pioneering transnational medical program. Through a long-standing collaboration with Northumbria University (NU) in the United Kingdom, SGU offers students a unique opportunity to study in multiple countries while earning an internationally recognized medical degree. With the healthcare sector becoming increasingly global, this dual-campus medical education ensures that future doctors gain international experience, cultural exposure, and hands-on training in diverse medical systems.
For Indian students aspiring to pursue medicine, SGU’s joint MD program with Northumbria University provides access to world-class faculty, cutting-edge research, and high-quality clinical training. Since the partnership began in 2007, over 2,500 medical students have completed a portion of their studies in the UK before transitioning to Grenada, where they continue their medical education. This model allows students to experience two different healthcare systems, making them highly competitive in residency placements and global medical careers.SGU-Northumbria’s MD Program Sees Record Enrollment
The Fall 2024 intake witnessed a surge in student enrollment, with learners joining from over 25 countries, including India, Egypt, Jordan, Saudi Arabia, Australia, Hong Kong, Uganda, Nigeria, Kenya, Japan, Myanmar, South Korea, and Canada. The growing demand for transnational education reflects its increasing value in medical training, where exposure to multiple healthcare frameworks enhances students’ ability to adapt to global medical challenges.
Among the many success stories from the SGU-Northumbria program is Michele Obert, a 2019 MD graduate, who credited the program with giving her a competitive edge during residency applications. She emphasized that studying at Northumbria allowed her to gain a deeper understanding of global healthcare, preparing her for a career in international medicine.Transnational Education is Reshaping the Future of Medical Training
David Anthonisz, Executive Director of International Student Recruitment at SGU, highlighted the transformational impact of transnational education. He pointed out that more universities worldwide are adopting this model, recognizing its role in broadening students’ medical perspectives. SGU’s collaboration with Northumbria University has already enabled over 2,500 medical graduates to gain international training while experiencing highly specialized medical curricula in both the UK and Grenada.
Transnational medical education is designed to prepare students for a competitive residency process, providing them with global exposure and strong clinical experience. SGU students benefit from immersive learning environments, cutting-edge medical research, and an expansive network of affiliated hospitals and teaching centers in both the United Kingdom and the United States. This approach ensures that graduates are well-equipped to meet the growing demands of the global healthcare industry.A Pathway to Global Medical Careers
SGU’s joint MD program with Northumbria University offers multiple pathways, including the Four-Year MD Program and Five- and Six-Year MD Tracks. These structured programs provide students with a robust foundation in medicine, integrating advanced clinical skills with real-world training. SGU’s clinical network spans 75+ affiliated hospitals in the United States and the United Kingdom, giving students extensive exposure to hospital-based learning.
The global nature of medical education is shifting, and institutions like St. George’s University are at the forefront of this evolution. The SGU-Northumbria partnership is helping students develop critical skills, understand healthcare policies across different countries, and navigate medical practice in an interconnected world.
For students eager to learn more about SGU’s transnational MD program and its various tracks, visit St. George’s University.About St. George’s University
St. George’s University, founded in 1976, is a world-renowned medical institution known for its academic excellence and internationally recognized programs. The School of Medicine is accredited by the Grenada Medical and Dental Council and is recognized by the World Federation for Medical Education (WFME). SGU offers a Four-Year Doctor of Medicine (MD) degree, along with Five-, Six-, and Seven-Year MD tracks, tailored for students from diverse educational backgrounds.
With a strong global presence, SGU provides students with access to 75+ affiliated hospitals across the United Kingdom and the United States, allowing them to gain real-world clinical experience and prepare for highly competitive medical careers.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, Instagram, and YouTube for more stories that matter.