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Global Private Equity Firms Eye Stake Sale at Aavas Financiers
29Jul By AdityaNo Comments
BUSINESS

Global Private Equity Firms Eye Stake Sale at Aavas Financiers

Global private equity giants EQT, CVC Capital, and Bain Capital have shown keen interest in the ongoing major stake sale process at Aavas Financiers Ltd (formerly AU Housing Finance Ltd). As per initial report, the deliberation of complete exit by NBFC's twin promoters, Kedaara Capital and Partners Group, after jointly acquiring the firm over eight years ago. The due diligence for the proposed deal is underway with Jefferies acting as the appointed sell-side advisor. While a strategic suitor exploring expansion in the financial services sector may have evaluated the opportunity, confirmation on their continued participation remains undisclosed. Queries directed via email to Kedaara Capital, Aavas Financiers, and CVC Capital remained unanswered at the time of this publication, with...
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Organic Fertilizers Market on the Rise
22May By RishabhNo Comments
BUSINESS

Organic Fertilizers Market on the Rise

Chicago, May 22, 2024-- The global organic fertilizers market is flourishing, driven by rising consumer demand for organic food and a growing awareness of the environmental drawbacks of conventional farming practices. This trend is expected to propel the market from USD 7.9 billion in 2024 to USD 13.6 billion by 2029, reflecting a healthy CAGR of 11.5%. Why Organic? Conventional agriculture relies heavily on synthetic fertilizers, which can harm soil health, water quality, and biodiversity. Organic fertilizers, derived from natural sources, offer a more sustainable alternative. They minimize chemical runoff and environmental damage, making them a compelling choice for environmentally conscious consumers. The surge in organic food sales underscores this consumer preference. Org...
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Zomato Launches India’s First “Large Order Fleet” for 50 People
18Apr By PriyankaNo Comments
BUSINESS

Zomato Launches India’s First “Large Order Fleet” for 50 People

Bengaluru, 18th April 2024: Zomato India has recently introduced India's first large order fleet to meet the needs of group events such as parties, with the capacity to serve up to 50 people. CEO Deepinder Goyal made the announcement on the microblogging platform X, formerly known as Twitter, revealing that the company will be utilizing an "all-electric fleet" for delivering large orders. This decision was made in response to previous orders being handled by multiple regular fleet partners, resulting in a less than satisfactory customer experience. "We are excited to unveil India's first large order fleet, specifically designed to handle your group, party, or event orders with ease. This fleet is comprised entirely of electric vehicles, designed to efficiently accommodate orders for ...
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The Secrets Behind DMart’s Low Price Strategy
4Oct By PriyankaNo Comments
BUSINESS

The Secrets Behind DMart’s Low Price Strategy

Founded in the bustling city of Mumbai in 2002 by the visionary leader and investor R K Damani, DMart has emerged as a leading supermarket chain in India. With a humble beginning of stores limited to four states during its initial 15 years, the company has now expanded exponentially to encompass an impressive network of 336 stores across 72 cities in 11 states. In this article will find out the Secrets Behind DMart's Low Price Strategy which sets apart from its competitors like Reliance retail, Spencer, Star market etc. First Lets Understand DMart's Philosophy When it comes to retail giants, DMart has made a name for itself with its low price strategy. Shoppers flock to DMart stores, eager to snag great deals on a wide range of products. But what exactly is the secret behind DMart's ...
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Top 5 Aluform Company in India
20Aug By AnkitaNo Comments
BUSINESS

Top 5 Aluform Company in India

In todays technological world things are changing so fast and construction field are also not left behind. Specially in Aluminium field, we have seen new innovations in Aluminium formwork industry also known as Aluform. Before going further let us explain you about "Aluform" means. According to chatgpt "The Aluminium Formwork or Aluform is a construction technique that involves the use of specialized formwork systems made primarily from aluminum components to create concrete structures. Formwork is the temporary mold or framework into which concrete is poured and allowed to set. This technique is widely used in modern construction for its efficiency, speed, and quality advantages." Indian construction companies started using world class formwork systems; eventually the systems which...
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Ayodhya based Pakka setting up $250 mn packaging paper plant in Guatemala
17Jul By NitishNo Comments
BUSINESS

Ayodhya based Pakka setting up $250 mn packaging paper plant in Guatemala

Ayodhya, 16th July 2023: Regenerative packaging solutions firm Pakka is setting up a 400 tonne per day bagasse-based packaging paper plant at an investment of USD 250 million (around Rs 2,065 crore) in sugarcane-rich Guatemala, South America. The company, began as Yash Papers in 1981, is also nearly doubling its capacity of the Ayodhya plant with around Rs 550 crore of investment from 130 tonne/day to 230 tonne/day. The Ayodhya-based company is into regenerative packaging solutions for the food packaging and serving segments. The paper-based food packaging industry or those making compostable packaging solutions, is highly fragmented and is led by Ecoware, Fomex, Dine Earth and Pakka, among others. "We have finalised a plan to set up a 400-tonne per say bagasse-based plant in t...
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Sumitomo Mitsui Launches App for Personal Loan to US Residents
13Jul By AdityaNo Comments
BUSINESS

Sumitomo Mitsui Launches App for Personal Loan to US Residents

TOKYO, July 13, 2023 -- Sumitomo Mitsui Financial Group announced that it has begun providing personal loans to U.S. residents through Jenius Bank, a division of Manufacturers Bank. California based state-chartered bank is a wholly-owned subsidiary of SMBC Group. Jenius Bank creates an opportunity for SMBC Group to deepen and expand its U.S. business, providing scale and growth potential in the U.S. consumer banking market. Starting with a 270-strong workforce, the digital banking service targets some tens of billions of yen (hundreds of millions of dollars) in net profit within 10 years, said Daisuke Tanaka, an executive at the bank's corporate development group. By taking a different approach to conventional banking services, Jenius Bank will operate as a digital bank withou...
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Byju’s clears $950 million payment to Aakash
4Jul By NitishNo Comments
BUSINESS

Byju’s clears $950 million payment to Aakash

Edtech firm Byju's said on Monday that it has completed payment that was due for the acquisition of Aakash Educational Service and received majority of $800 million fund which it announced in March. The company is estimated to have acquired Aakash Educational Services Limited for around $950 million. "Our fundraising efforts are on track and the majority of the 800 million has been already received. The balance is also expected soon. Our payments to Aakash are closed and the audited financial results are going to be announced in the next 10 days," Byju's said in a statement. Byju's founder and CEO Byju Raveendran has made a personal investment of $400 million (over Rs 3,000 crore) of the total $800 million (about Rs 6,000 crore) raised in the latest funding round by the company. ...
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What Are the Most Common Types of Online Gambling?
6Dec By AnkitaNo Comments
BUSINESS

What Are the Most Common Types of Online Gambling?

As smartphones came into the technological picture of our gadgets, online gambling started growing in popularity. Indeed, there aren’t many differences between games in land-based casinos and online ones, but the way we can access them made a difference. We’ve prepared an easy guide for you to get better acquainted with the different types of online gambling to choose which one suits you best. Also, we’ll point out the main advantages of online casinos that you can’t quite find in land-based ones.   The most common types of online gambling People worldwide have gone crazy for online casinos mostly because they can claim bonuses, most of which are no deposit ones. At NetBet, for example, you can claim your bonuses through the NetBet bonus code and enjoy lucrative bonuses ...
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Fast Loan Options For Your Small Business
25Sep By PriyankaNo Comments
BUSINESS

Fast Loan Options For Your Small Business

Cash flow problems are a common and dangerous threat for many small business owners. But even if they’re able to maintain a reliable cash flow, it is still not always sufficient enough to put all their plans into action. In most cases, they would need some form of financing to cover unexpected expenses or help expand their business.  Banks are the traditional provider of business loans. But while they’re a good option to keep loan costs down, it can take months to get your money, plus they usually won’t lend to small businesses.  If your small business is in a financial shortfall and needs financing as soon as possible, here are some fast loan options that are worth considering. Business Cash Advance Loans Business cash advance loans are an advance on your busines...
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Is Consolidated Credit Solutions Effective?
26Jul By PriyankaNo Comments
BUSINESS

Is Consolidated Credit Solutions Effective?

You never thought it would happen to you, yet here you are. You’re up to your eyebrows in credit card debt, and no matter how hard you try, you can’t handle it alone. You need professional help. Enter Consolidated Credit, which just may be your way out. But is Consolidated Credit Solutions effective? The Issue In the last quarter of 2019, U.S. residents owed $4.2 trillion in non-housing debt. So, you have beaucoup company. But you do have options, including credit counseling, debt settlement, and if your credit’s good, debt consolidation. What Kind of Company is Consolidated Credit? It’s a legit free credit counseling company that’s been in business for more than 27 years. During that time, it has helped more than 10 million consumers refinance credit card obligations an...
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