Edtech SaaS startup Toddle gets $17M for product development, growth initiative

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Edtech SaaS startup Toddle gets $17M for product development, growth initiative

Edtech SaaS startup Toddlehas secured funding of $17 million. The company will use the money in its product development and furthering the growth initiative.

 Toddle, an edtech SaaS (software as a service) business, said has secured $17 million in a series A round headed by Sequoia Capital India, with participation from Tenacity Ventures and Trifecta Capital, as well as previous investors Matrix Partners, Beenext, and Better Capital.

This comes as B2C (business-to-customer) K12 (kindergarten through standard 12) online edtech startups in India have been suffering from post-pandemic demand declines, whereas those operating in the B2B (business-to-business) edtech segment have seen tailwinds of growth as schools have become more open to adopting innovation.

“A large part of this (the cash raised) will be spent in product development and expanding the expansion effort.

We have so far concentrated on content, design, and community efforts.

In the future, we aim to double down on that as well as experiment with go-to-market initiatives,” stated Deepanshu Arora, co-founder and CEO of Toddle, in a virtual conversation with Moneycontrol.

Arora further stated that the business intends to fill 70 to 80 roles over the next four to five months.

“A few senior jobs, such as VP (vice president) of marketing, VP of sales, and Head of People, are crucial for us to form a leadership team,” he added.

However, the firm did not reveal any information about its valuation following the fundraising round.

Toddle is an edtech SaaS firm founded in 2019 by Mahesh Arora, Gautam Arora, Misbah Jafary, Nikhil Poonawala, and Parita Parekh.

According to the company, its initial product is a teaching and learning platform utilised by independent schools that provide IB (International Baccalaureate) and other progressive curriculum.

“We are truly focusing on the extremely highest tiers of the educational environment,” Arora explained.

According to the firm, it has lately expanded its product offering to include additional foreign curricula such as Cambridge, British, and American curricula, and it will soon provide a product for preschools.

According to the firm, the Toddle platform is presently utilised by over 40,000 instructors from more than 1,500 schools in over 100 countries, including both free and paid clients.

Toddle is now present in the United States, the United Kingdom, Australia, China, and the United Arab Emirates.

Arora stated that the organisation has had a worldwide focus from its inception.

He remarked, “Around 40 percent of our income come from North and South America combined, about 30 percent comes from Europe and the Middle East, and the balance comes from the Asia Pacific. India accounts for roughly seven to eight percent of our income.”

Ashish Agrawal, managing director of Sequoia Capital India,  said, “The Toddle founders’ enthusiasm for education is apparent and has grown on us over the years we’ve known them.  They’ve channelled their enthusiasm into creating a product that instructors all over the world adore. We are happy to work with them in their drive to revolutionise teaching and learning,”

Toddle’s income for FY21 plummeted to Rs 9.4 crore from Rs 14.6 crore in the previous fiscal, according to the most recent statistics accessible on the Ministry of Corporate Affairs (MCA) website.

Arora continued, “In 2019, we were at approximately 50 paid schools, in 2020, it was at about 180-190, in 2021 it was about 400 and then in 2022, we have around 800 paying clients.

“Every year, we double our base.”

In addition, the firm lost Rs 0.2 crore in FY21, compared to a profit of Rs 1 crore the previous year. Toddle, on the other hand, has not yet made its FY22 financial statements public.

Prior to this round, the firm had raised a total of $2.95 million in three rounds.

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Here’s how the health and wellness sector is expected to grow in 2023 & beyond

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Here’s how the health and wellness sector is expected to grow in 2023 & beyond

Over the last several years, India’s wellness business has risen by leaps and bounds. According to a recent analysis, the India dietary supplements market would grow at a CAGR of 14% between 2022 and 2027.

Wellness has been around for quite some time. Consumers today perceive wellness through a much broader and more sophisticated lens, including not only exercise and nutrition, but also entire physical and mental health, as well as aesthetics.

When we look back at the growth of the health and wellness business in India, we can see how demand has increased by leaps and bounds in recent years. People have grown more conscious of the necessity of adopting a healthy lifestyle since the coronavirus pandemic.

While the epidemic presented problems to the world, it also made each individual more accountable for their own health. In the post-pandemic age, the increase of the health-conscious consumer has been the key driver driving the dietary supplement business.

Furthermore, consumer knowledge of healthy food options, gyms, and tailored nutrition is at an all-time high. Increased understanding has also made customers more conscious of their nutritional needs.

According to a recent analysis, the India dietary supplements market would grow at a CAGR of 14% between 2022 and 2027. Changes in food choices, a lack of physical exercise, and an increase in sedentary lives have all contributed to a rise in the prevalence of numerous lifestyle illnesses.

As a result, with consumers unable to meet their nutritional needs through their usual meals, they are increasingly understanding the value of nutritional supplements to fill nutritional gaps and create strong immunity.

Other elements boosting this industry include increased disposable incomes, improved distribution networks, and so on.

As more customers want to live a better lifestyle, the demand for fitness centres, gyms, and other such facilities will skyrocket, resulting in increased demand for dietary supplements. The growing dietary supplement sector is also propelling the market for sports nutrition and supplements, as it plays a significant part in maintaining a balanced diet to promote athletic performance.

Every day, athletes exert immense effort in training, performing, and practising. Sports nutrition includes post-workout supplements and pre-workout nutraceuticals, which sustain the body for intense activity while also enhancing energy levels and muscular strength.

The increased youth interest in sports activities presents additional attractive potential prospects for the sports supplements industry. In terms of overall consumption, protein supplements lead the market.

The remarkable exploits of Indian athletes at international sporting events have also boosted the sports nutrition business in India. Because most of these athletes rely on dietary supplements to achieve their award-winning performances, prospective athletes seek to emulate their practises in order to achieve their fitness levels.

Brands are also collaborating with social media influencers and celebrities, which is propelling the health and fitness sector forward. Furthermore, active marketing and promotional methods for the promotion of dietary supplements are predicted to favorably affect market growth.

People are shifting to better diets as nutrition becomes more mainstream. Nutrition as a preventative health care tool is increasingly becoming an industry.

Given that the market is swamped with counterfeit supplements, distinguishing between genuine and counterfeit diet pills is critical. Because investing in one’s health is a high concern, one should buy from legitimate dealers of reputable brands.

The industry is now at an inflection point, indicating a lot of favourable changes in the future. It is undeniable that the epidemic highlighted the necessity of maintaining a healthy lifestyle and has altered the way we live our lives today.

Wellness is here to stay, as consumers intend to spend more money on their own health, looks, exercise, and other activities. Our study reveals that consumer interest in health and wellness is continuing to rise, with persistent gaps in key areas creating interesting prospects for entrepreneurs to meet unmet consumer requirements.

If the epidemic has taught us anything, it is that physical and mental health will continue to be a priority for millions of people throughout the world for a long time. There is no doubt that the health and wellness business has captured the attention and interest of customers. The sector is seeing tremendous growth and is only going to become better in the near future.

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How 80Wash can give you clean fabrics with no detergent, half a cup of water

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How 80Wash can give you clean fabrics with no detergent, half a cup of water

80wash, which was launched in early 2021, aims to eliminate two problems at once: water waste and chemical detergent consumption. The company has developed an ISP steam technique that cleans garments with half a cup of water and no detergent by using dry steam and non-ionizing rays.

Despite advances in current laundry technology, washing machines require around 100 litres of water to remove one tablespoon of filth. Furthermore, wastewater, a cocktail of chemicals from detergents and fabric softeners, generally ends up in bodies of water, negatively impacting the ecosystem.

Chandigarh-based startup, 80wash, claims that this machine washes fabrics—and even metal components and PPE kits—in 80 seconds (may go higher depending on the stain) using a few millilitres of water and no detergent. The company was founded by Rouble Gupta Varinder Singh, and , Nitin Kumar Saluja.

The machine is based on proprietary ISP steam technology, which kills bacteria (sterilises) using low-frequency (non-ionising and non-polarising) radio-frequency-based microwaves and eliminates stain, filth, and odour with the assistance of room-temperature dry steam.

According to the company, a single cycle of 80 seconds (7-8 kilogramme machine) can wash up to five clothing using half a cup of water and no detergent. In the case of stubborn stains, the procedure can be repeated many times.

Typically, 4-5 cycles are required to remove stubborn stains. On the other hand, its larger machine (70-80 kg weight) can wash 50 items in numerous cycles using 5-6 glasses of water (depending on the clothes).

Currently, the devices are being tested commercially in seven locations, including hostels, hospitals, and salons in three cities: Chandigarh, Panchkula, and Mohali.

The invention’s seeds were planted at Chitkara University’s innovation centre in Rajpura, Punjab. Rouble was studying his Btech in computer science in 2017 when he met Nitin, associate director at Chitkara University Research and Innovation Network (CURIN), and Varinder, a project manager at Aautosync Innovations, Chitkara’s automotive centre of excellence.

Nitin and Varinder have previously collaborated on various startup initiatives and supervised students to help them establish product market fit.

Initially, the trio worked together to create a UV-ray-based quick sterilising system for hospitals. Following a series of conversations and expert recommendations, they decided to expand the fabric machine and create something rapid, automated, and, most importantly, environmentally friendly. However, UV rays were insufficient to clean garments.

Nitin explains, “Mere sterilisation was insufficient. The microwaves eliminated 99.9% of the germs, but we still had to deal with dirt, stains, and odour. This is when we began developing our revolutionary dry steam technique.”

To work on the proposal, the trio assembled a team of microbiologists, textile specialists, and others.

Dry steam (low moisture steam) is highly excellent in stain removal. However, as the co-founders explain, its production necessitates the system maintaining high pressure, which necessitates high electricity. As a result, the entire procedure is exceedingly dangerous.

The 80Wash team developed their patented technique here. They say, “We succeeded to create dry steam at room temperature and patented this method. This addresses all four issues: stains, filth, odour, and germs.”

The team got their patents in early 2021, formally launched the firm, and manufactured a 7-8kg load washing machine for pilots. 80Wash had plans to file for a global patent by this year.

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John Abraham and GNC Team Up for “NO COMPROMISE” Campaign for Health & Fitness in India

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John Abraham and GNC Team Up for “NO COMPROMISE” Campaign for Health & Fitness in India

GNC India teamed up with John Abraham to launch a new campaign for a “NO COMPROMISE” approach on health and fitness across India. The event was attended by key business partners across the country and members of GNC’s global leadership team on the 10th of January at St. Regis, Mumbai. The new campaign is also setting the tone for the vision, investments and innovations GNC is looking to bring into India in the near future. 

GNC is a leading global health and wellness brand that is devoted to helping consumers Live Well. GNC product categories include protein, performance, weight management, vitamins, herbs and wellness supplements. GNC partners with Guardian Healthcare, the master franchise partner for GNC in India, to lead the expansion of the GNC brand in the country.

“We are thoroughly delighted to have a long standing partnership with John as a brand ambassador. He is synonymous with discipline, commitment and fitness – values GNC and its consumers across India believe in. Being the benchmark on physique and a healthy lifestyle, John compliments GNC’s Philosophy of ‘Live Well’,” said Mr. Ashutosh Taparia, MD, Guardian Healthcare.


Abraham added, “People today have a very hectic life and ignore their health and well-being. I trust the cutting edge, nutritional science backed solutions GNC brings, built on a strong legacy, superior quality and innovation. I am delighted to be a partner with GNC India and pledge to inspire India to adopt the “NO COMPROMISE” approach to health and fitness.”

Rajkumar Santoshi speaks on Gandhi Godse Ek Yudh’s clash with  Pathaan

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Rajkumar Santoshi speaks on Gandhi Godse Ek Yudh’s clash with  Pathaan

Rajkumar Santoshi has released the trailer for his directorial debut, Gandhi Godse Ek Yudh. His film will compete at the box office with Shah Rukh Khan and Deepika Padukone’s Pataan, which is set to hit theatres on January 25.

Rajkumar Santoshi debuted the teaser for his directorial debut, Gandhi Godse Ek Yudh, in Mumbai on Wednesday. The filmmaker spoke about his film’s clash with Shah Rukh Khan’s Pataan in a news conference here. The Yash Raj film will be released in theatres on January 25, while Santoshi’s Gandhi Godse Ek Yudh will be released on Republic Day, January 26.

Speaking on the feud with Pathaan, Santoshi  said, “Shah Rukh Khan is a very diligent actor. He is one of the industry’s most well-known figures. I’ve known him for years, and he’s a wonderful person. He puts a lot of effort into his films, and I wish him the best of luck with his. Yash Raj Films is a well-known production company that is releasing an ambitious film. They have their own fan base, and they will see their movies. Our film is quite distinctive; individuals who are interested in and enjoy such films would watch ours. Ours is not a song-and-dance movie; it is rather different. I’m not concerned about such stuff (box office clash). Both films are quite distinct in nature, and each has its place. I’m not concerned about who is in front of us; I’m simply concerned with my film.”

The filmmaker also spoke on returning to the director’s chair after almost a decade.

Santoshi said, “I want to first and foremost erase the 9-year gap. I don’t want people to think of myself as a filmmaker making a comeback. Above all, I want the audience to realise that I created a picture worth seeing.” Santoshi then revealed that his picture obtained a ‘U’ certificate from the Central Board of Film Certification (CBFC). He also discussed how his film received unanimous approval from the CBFC members even after going through revision and receiving the certificate without the board requesting any edits.”

He stated, “We did the picture with honesty. It’s a daring picture with dialogue crafted in a way that’s never been done before. We did not distort anything; instead, we presented Gandhi and Godse’s ideas in the guise of a conversation. They are blunt, and nothing has been sugar-coated. We were apprehensive about the censor board (permission), myself and Asgar sahab (Asghar Wajahat, the writer on whose play the film is based) took a backpack full of literature on Gandhi and Godse.

We waited for a half hour, worrying about what would be erased and what complaints would be lodged. When we were invited inside, they all appeared satisfied, and they recommended we remove a character’s surname, which we agreed to do.”

He then stated how his picture went for modification at the CBFC as the film is a “sensitive issue”.

He explained, “We inquired when we would get the certificate, and I was told it will be submitted to the revision (committee) and that the video will be watched by 18 people, and they want to be doubly careful since it is a delicate issue.”

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NPCI issues directions on NRIs’ use of UPI with their intl phone numbers linked to NRE/NRO accounts

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NPCI issues directions on NRIs’ use of UPI with their intl phone numbers linked to NRE/NRO accounts

The National Payments Corporation of India (NPCI) said  Non-Resident External (NRE) and Non-Resident Ordinary (NRO) account holders having overseas mobile numbers attached to their accounts will soon be allowed to access the Unified Payments Interface (UPI). Initially, NRIs from Singapore, Australia, Canada, Hong Kong, Oman, Qatar, the United States, Saudi Arabia, the United Arab Emirates, and the United Kingdom would be allowed to use the service.

Notably, NRIs have repeatedly asked the Government of India to enable UPI services on their Indian bank accounts linked to their foreign mobile phones, and the topic has been discussed extensively on social media platforms. The decision comes as India celebrates its 17th Pravasi Bharatiya Diwas, a festival honouring the Indian Diaspora residing overseas.

According to sources, NPCI has directed UPI ecosystem members to enable NRE/NRO accounts with overseas mobile numbers to register on UPI. Until the service was only available for accounts with Indian phone numbers (+91).

Notably, NCPI has expressly urged member banks to verify that such accounts are permitted under the Foreign Exchange Management Act (FEMA). They must adhere to the Reserve Bank of India’s (RBI) requirements on a regular basis. This means that NRIs will be subject to a set of rules while accessing the UPI ecosystem. The NPCI has requested its members to follow the instructions by April 30, 2023.

The services may begin in May of this year, although no specific dates have been specified. Furthermore, it will be the duty of the remitter and beneficiary banks to guarantee that the rules and procedures for combating money laundering, funding terrorism, and compliance validation are in place.

NRIs have occasionally raised the matter with the Government of India, requesting that they be allowed to utilise UPI with overseas phones tied to NRE/NRO accounts. Dr Deepak Megeri, a UK-based Indian Psychiatrist, responded to a Twitter message on January 6 by saying that it was terrible that NRIs did not have the luxury of using the UPI payment system since it does not operate with NRE/NRO accounts.

“We must continue to draw cash because most establishments do not utilise card machines,” he added.

Dr. Deepak Megeri  stated that it surprises her that she can now pay for everything in India with just her phone.

Tarak Allamsetty stated on January 6 that he could not utilise UPI since his NRE account was tied to a Canadian phone number. Last year on January 2, Tarun Agarwal commented, “NPCI BHIM, please authorise UPI payments via NRE accounts at least. If I honestly follow FCRA requirements by not maintaining a local bank account, we must conduct transactions in cash while in India.”

Nilay Singh, an NRI from Germany, said, “It is a terrific move by NPCI. I hope they will soon let non-resident Indians (NRIs) from other countries to join the cashless movement. We were debating the subject on Twitter the other day, and it’s great to see how the government responds to the demands.”

Payments using UPI reached a record high of Rs 12.82 lakh crore in December 2022. In a single month, the platform processed over 782 crore transactions. In November, 730.9 crore transactions totaling Rs 11.90 lakh crore were registered. The term NRE account refers to a non-resident external account. NRIs utilise it to send money from outside to India. The funds transferred into these accounts are tax-free. NRO is an abbreviation for Non-Resident Ordinary Account. It is used by NRIs to manage their money received in India. The funds in this account are taxed.

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Top 9 EdTech Companies of India in 2023 you must know about

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Top 9 EdTech Companies of India in 2023 you must know about

Edtech has made important contributions to educational improvement during the last few decades. Find out the top 9 EdTech Companies of India in 2023.

Education technology, or EdTech, has made important contributions to educational improvement during the last several decades, and has had a big influence on Indian schools. The Covid-19 epidemic has accelerated online learning and spawned a slew of EdTech start-ups in India and throughout the world.

When students or learners return to their campuses, classrooms, seminars, and conference rooms must be integrated with Edtech-based services. The availability of low-cost internet connections with appropriate bandwidth via digital platforms feeds the demand indefinitely.

The COVID-19 outbreak, although causing havoc on people’s life, also lay the groundwork for the digital learning paradigm in the field of education. The EdTech industry and its numerous players, which include vendors, platform providers, content creators, instructors, students, institutions as consumers, investors, regulators, and governments, have complicated the business.

The online education market in India is expected to generate $1.96 billion in revenue by 2021. By 2030, 140 million Indians are expected to be enrolled in institutions.

EdTech platforms can provide adaptable learning models at a variety of price points that are appropriate for each student’s socioeconomic background and demands.

Here are India’s top 9 EdTech Companies in 2023:

1. Byju’s

Byju’s is a leading provider of personalised learning programmes in the EdTech business. It was established in August 2015 and provides teaching resources for kids in grades four through twelve.Despite beginning with math and science classes for middle school students, they have grown to include new audiences. They are now rated top among Indian EdTech companies.

2. UnAcademy

Hemesh Singh founded UnAcademy as a YouTube channel in 2010. This EdTech startup is well-known in the educational technology industry in India. It has partnered with some of the most skilled professors to provide tutoring to its students. Although the bulk of the courses on this website are free, certificates may be costly.

3. Vedantu

Vedantu, a live online education platform, was founded in Bengaluru in 2011. Vedantu is derived from the Sanskrit phrases Veda (knowledge) and Tantu (network). Its principal line of business is live online instruction in STEM, Hindi, English, Sanskrit, German, French, environmental science, and social science. It has earned an IP Patent for “Measuring the Effectiveness of An Interactive Online Learning System”.

4. UpGrad

UpGrad is a major EdTech startup in India. Working individuals, college students, and businesses may all benefit from data science and online training in IT, management, and technology. They provide MBA programmes in a number of topics such as blockchain, insurance, business, and law.

UpGrad acquired CohortPlus, an online community platform focused on data analytics and product management, in 2019.

5. Embibe

Embibe provides students with personalised feedback by utilising artificial intelligence and data analytics. It allows pupils to identify their weak points and knowledge gaps while also helping them to improve their test-taking methods. It is intended for students studying for competitive examinations like as the JEE, the NEET, and tests for government posts. Its application provides personalised, in-depth data, score improvement suggestions, and guided practise.

6. Classplus

Classplus, which was created in 2018, intends to link all tutoring centres, tuition services, and individual tutors online, allowing them to become India’s top educators through their own app.

Classplus has witnessed a 200K+ surge in members as a result of their automatic payments and easy instruction. Teachers may use Classplus, a mobile-first solution, to connect with students by providing them with information, assignments, online quizzes, and video lectures.

7. EduKart

EduKart is a website in India for enrolling in higher education. Mayank and Ishan Gupta founded the company in 2011. On the corporate platform, Indian and international course providers provide MBA, Executive MBA, and BSc IT programmes.

All major educational institutions, including India’s UGC, recognise the degrees given through this platform.

8. CueMath

CueMath was founded in 2013 as a result of an after-school enrichment programme for mathematics.  They are one of the Indian EdTech companies that focuses on gamified learning and has changed how both instructors and students understand arithmetic. It utilises the “learning-by-doing” technique and tries to instil a love of arithmetic in pupils.

9. Ekeeda

Ekeeda is one of India’s most successful EdTech firms. Their goal is to deliver specialised technical teaching to students at any time and from any location. They have generated over 40000 films spanning over 400 courses, assisting over 1 million students in furthering their professions. The website’s courses and video lectures feature over 40 of India’s leading institutions.

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Does India have the chance of becoming the next electric mobility superpower?

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Does India have the chance of becoming the next electric mobility superpower?

India has a huge chance to be a leader in developing a world-class manufacturing environment for electric vehicles. Niti Aayog has already set an ambitious target of at least 30% EV adoption in passenger cars, 70% in commercial vehicles, 40% in buses, and 80% in two and three-wheelers by 2030. Etrio was the first EV firm in India to equip commercial vehicles for intra-city logistics, as well as the first to launch FAME-certified ground-up L5 e-3Ws. Etrio has already established a strong portfolio of customers and clients countrywide, while also working alongside 30+ global companies.

There is little doubt that electric cars represent the next great frontier in global transportation and mobility. With users, communities, policymakers, and companies supporting the increased adoption of zero-emission EVs across numerous sectors and use-cases, EVs have truly emerged as the most sustainable path towards decarbonizing transport and mobility globally, with an increased focus on environmental and pollution concerns as well as superior operating economics, particularly in commercial applications.

Today, almost all of the countries with the highest levels of electric mobility penetration (such as Norway, China, France, the Netherlands, and others) have done so thanks to significant contributions from native policies, innovative EV applications, and the development of a robust ecosystem around EV applications. With one of the world’s largest automotive markets, India has a huge chance to be a leader not only in driving adoption but also in developing a world-class manufacturing environment supported by long-term policy.

Commercial EVs are driving India’s EV narrative, particularly in the last mile of commercial freight operations. Aside from the well-documented benefits of electrification for cleaner air and overall environmental improvement, EVs can now provide not just greater operational economics than IC Engine-based vehicles, but also cheaper Total Cost of Ownership (TCO).

Scale EV adoption in India is certain to strengthen our local economy and industrial environment in the next years, with the potential to generate massive jobs. Furthermore, the improved operational economics of commercial EVs will lower logistical costs in India, increasing India’s competitiveness in the global industrial setting.

Niti Aayog, the nation’s main policymaking body, has already set an ambitious target of at least 30% EV adoption in passenger cars, 70% in commercial vehicles, 40% in buses, and 80% in two and three-wheelers by 2030. Furthermore, India’s Road Transport Minister, Shri Nitin Gadkari, has promised to reduce the cost of EV purchasing in India on line with petrol and diesel-powered competitors in the near future.

To that, there are supporting Central Laws such as FAME (Faster Adoption of Manufacturing of Electric and Hybrid Vehicles in India) and different state-specific policies, all of which work together to assist EVs in India survive, flourish, and grow in popularity and adoption.

Etrio believes that for India to properly establish itself as a “e-mobility superpower,” it must invest in developing a healthy and thriving local e-mobility industry in addition to capturing a significant part of global EV production. Aside from legislation, investments in EV infrastructure, the development of varied use cases for EV adoption, and the establishment of a viable ecosystem are all important.

Innovative EV OEMs such as Etrio are playing a critical role in realising the full potential of EVs in the country’s commercial segment by employing a data-driven approach to building ground-up cars and allowing new use cases for EV adoption.

The e-3W and e-4W products from Etrio are specifically designed and optimised to address its customers’ last-mile use cases in e-commerce (last-mile delivery), intra-city logistics, agri-logistics, waste collection, pharma cold chain logistics, gas cylinder delivery, and other emerging application areas. Notably, Etrio was the first EV firm in India to equip commercial vehicles (LCVs) for intra-city logistics, as well as the first to launch FAME-certified ground-up L5 e-3Ws.

Etrio believes in maximising the use of technology to provide a superior customer experience, not only in assisting traditional ICE vehicle drivers in making the transition to EVs, but also in ensuring that today’s fleet managers can replace ICE vehicles with EVs with minimal disruption and increased safety. Going forward, they will continue to fully understand their customers’ demands and will integrate the newest EV technology across their forthcoming and existing vehicle lines in order to assist our customers in both utilising EVs on more and more routes and transitioning seamlessly from ICE cars to EVs. Etrio has already established a strong portfolio of customers and clients countrywide, while also working alongside 30+ global companies, with a comprehensive approach ranging from building reliable and intelligent products and lowering total cost of ownership to ensuring a delightful customer experience.

They are now in the process of obtaining new clients and anticipate 10x growth in the coming fiscal years. Etrio is working and developing on both sides of the spectrum, from regularly experimenting with novel use cases across many domains/sectors for its EV-fleets to meeting the transport and logistics requirements for both intercity and intracity mobility. This implies it is generating a robust ecosystem and various use cases for EVs, and so delivering on all fronts in terms of supporting India’s EV-led transformation story.

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The dramatic success story of Mukesh Ambani: The 2nd richest man in India

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The dramatic success story of Mukesh Ambani: The 2nd richest man in India

Mukesh Ambani is currently the richest man in India, as Gautam Adani tops the list. Here is the dramatic success story of the Reliance supremo.

When the Indira Gandhi government launched the PFY (Polyester Filament Yarn) programme in 1980, Reliance put in a bid and beat over many other businesses. So, when his father summoned him back to begin construction on the factory, Mukesh did not hesitate to return to assist his father in running the family company.

Mukesh Ambani is well-known as one of Asia’s wealthiest individuals. He is presently ranked fifth on the World’s Richest Man list, ahead of Warren Buffet. Despite being born into one of India’s most powerful corporate families, Mukesh Ambani’s ascension was not simple.

He inherited the family business from his father. But among other things it is his dynamic leadership that has elevated Reliance to its current position. Mukesh’s business approach and strategy have helped him make a name for himself and ensure his spot among India’s most powerful families. He possesses the visions, leadership qualities, managerial ability, and revolutionary mindset that enabled him to build Reliance into a commercial empire.

Mukesh Ambani was born in Yemen on April 19, 1957, to Dhirubhai and Kokilaben Ambani.He was the eldest of the couple’s four children. His brother Anil Ambani is another corporate titan who runs his own company.

Mukesh studied Chemical Engineering at the Institute of Chemical Technology in Mumbai before enrolling in the Stanford University MBA programme. However, he was unable to continue his studies at Stanford.

Mukesh began working in the family business when he was still young. He not only assisted his father in creating the polyester factory, but he was also instrumental in developing Reliance as a diverse commercial empire. In Jamnagar, he established the world’s largest grassroots refinery, which now produces 660,000 barrels per day.

He followed his father’s footstep and belief of “dare to dream and study to succeed”. When he took over the Reliance Group, he transformed it into a global conglomerate. Mukesh is regarded as a “wealth generator” and is among the most important business leaders. For the last 13 years, he has been one of  India’s richest man.

Reliance Jio became the largest telecom firm in four years under his capable leadership. Mukesh Ambani embodies the contemporary Indian businessman. To mention a few, he won the Dean’s Medal from the University of Pennsylvania’s School of Engineering and Applied Science, the United States-India Business Council Leadership Award, the Total Telecom World Communication Award, and the Gujarat government’s Chitralekha Award.

Mukesh Ambani shot into the Indian business sky like a bullet. His exceptional financial acumen, charismatic leadership, relentless resolve, and belief in Indian philosophy set him apart from his colleagues.

The life of this business mogul will serve as an inspiration to any new entrepreneur seeking to build a name for themselves in the cutthroat business world.

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Hockey World Cup 2023 Opening Ceremony

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Hockey World Cup 2023 Opening Ceremony

On Wednesday night, the 2023 Men’s Hockey World Cup opened at Cuttack’s Barabati Stadium. This spectacular ceremony was attended by thousands of hockey fans from all over the country and around the world. Anurag Thakur (Union Sports Minister), Naveen Patnaik (Odisha Chief Minister), Tayyab Kram, International Hockey Federation president, and Dilip Tirkey, Hockey India chairman, were all present at the glittering ceremony that welcomed members of all 16 participating teams.

In his address, Ikram complimented Odisha’s hosting of the mega event twice consecutively. The last one was in 2018. He called the state “Land of Hockey“.

Thakur thanked Odisha for hosting the event in grandiose and stated that the Indian people and the state were enthusiastic about the game.

He stated that the Centre would continue to support states hosting sporting events.

Patnaik stated that Odisha is well-known for its hospitality, and that he hoped all visitors will have good memories of their time in the state.

He thanked Prime Minister Narendra Modi, the Union government, and Odisha for hosting the Men’s Hockey World Cup twice in a row.

The opening ceremony lasted an hour and was followed by colorful cultural programs that captivated the crowd.

The celebration started with a spectacular tribal dance art of the state. It was a fusion at least six local dance forms choreographed and performed by Aruna Mohanty, an eminent dance guru.

Sniti Mishra (Odia singer), Rituraj Mohanty and Lisa Mishra entertained the audience.

Sixteen fan parks were established at key locations in the city, where thousands of hockey enthusiasts and fans watched the opening ceremony on huge screens.

Many singers from Bollywood and other countries sang the Hockey World Cup theme tune that Pritam, the music director, had composed. He also performed on stage with other singers.

From January 13 through January 29, the matches will take place at two venues: Birsa Mundra Hockey Stadium, Rourkela, and Kalinga Stadium, Bhubaneswar.

Twenty matches will be played in Rourkela. 24 matches, including a final, will take place in Bhubaneswar.

In Rourkela, the state government built a new stadium for hockey ahead of the event.

The international event will be held in Odisha for the second time in a row, with the first one being held in Bhubaneswar (2018).

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