Blog – Page 54 – THE ECONOMIC INDIA

19 Feb

Built in India, Deployed Globally: Turgo.ai Launches with USD 1M Pre-Seed from Top Executives to Create a New Category of Autonomous Marketing

Lifestylelifestyle

The AI-powered platform, founded by CEO Pallav Tamaskar and Founder Prithvi Damera, automates 80 percent of marketing execution and is already used by customers in the US, India, and the Middle East. New Delhi [India], February 19: Turgo.ai, an AI-powered marketing execution platform developed in India, today announced its official global launch and the close of a $1M pre-seed funding round from a select group of senior executives in tech, retail, and finance. This launch positions Turgo.ai as a leader in the new category of autonomous marketing execution, starting a movement to turn every marketer into a “super marketer.” Founded…

19 Feb

Accord Transformer and Switchgear Limited Files RHP; SME IPO to Open on February 23, 2026

BusinessBusiness

Mumbai (Maharashtra) [India], February 19: Accord Transformer & Switchgear Limited, a manufacturer of transformers, switchgear and customised power solutions, has filed its Red Herring Prospectus (RHP) dated February 16, 2026 with the Registrar of Companies, Haryana, in connection with its proposed SME initial public offering (IPO). The IPO comprises a fresh issue of up to 55,62,000 equity shares of face value ₹10 each through the book-building route. Out of the total issue of up to 55,62,000 equity shares, up to 2,82,000 shares are reserved for the Market Maker. The net issue of up to 52,80,000 shares will be allocated as follows: not…

19 Feb

Active Clothing Reports Strong Q3 FY26 Performance Revenue Up 17 Percent QoQ to INR 97.36 Cr, PAT Grows 25 Percent QoQ to INR 3.50 Cr

Shruti JoshiBusiness, Press Releaseactive clothing

Mohali (Punjab) [India], February 19: Active Clothing Co limited, (BSE – 541144), India’s one of the leading ‘design-to-shelf’ platform, specializing in flat-knitted sweaters, jackets, and circular-knitted apparel for global fashion brands, has announced its Unaudited Q3 & 9M FY26 Financial results. Key Financial Highlights Key Financial Highlights Q3 FY26 *Total Income of ₹ 97.36 Cr, QoQ growth of 17.03% *EBITDA of ₹ 9.04 Cr, QoQ growth of 22.40% * EBITDA Margin of 9.29%, QoQ growth of 41 BPS * Net Profit of ₹ 3.50 Cr, QoQ growth of 25.18% * Net Profit Margin of of 3.59%, QoQ growth of 23 BPS * EPS of ₹ 2.25,…

19 Feb

Raveum Raises USD 1.3 Million in Seed Funding at USD 22.8 Million Valuation to Scale Cross-Border Investment Platform

Shruti JoshiBusinessRaveum, seed funding, U.S. Real Estate

Mumbai (Maharashtra) [India], February 19: Raveum, a platform enabling cross-border investment in premium U.S. real estate, today announced the successful closure of its seed funding round, raising $1.3 million at a post-money valuation of $22.8 million. The round reflects investor confidence in Raveum’s compliance-led, technology-enabled approach to structured global real estate investing and supports the company’s next phase of expansion. Founded to formalize and simplify U.S. property participation for international investors, Raveum provides access to curated, income-generating U.S. real estate opportunities through multiple ownership structures, including GP participation, LP investments, and direct ownership pathways. The platform is designed to serve…

19 Feb

TMPerfumehouse Expands into Personal Care with Launch of Shower Gels, Beard Balms, Attars, Solid Perfumes, and Soaps

Shruti JoshiBusinessTMPerfumehouse

New Delhi [India], February 19: TM Perfume House, a growing Indian fragrance brand under Fourpirates Ventures LLP, has announced its expansion into the personal care segment. Known for its premium perfumes and fragrance innovations, the company is now introducing a new range of shower gels, beard balms, attars, solid perfumes, and aromatic soaps. The expansion marks a strategic move by TM Perfume House to become a complete fragrance and grooming solutions brand, offering customers long-lasting scent experiences across daily personal care routines. The newly launched product line focuses on high-quality fragrance blends, skin-friendly formulations, and modern grooming needs. The shower…

18 Feb

On India’s 77th Republic Day, Davaindia Launches 77 New Company Stores to Strengthen Affordable Healthcare

HealthHealth

New Delhi [India], February 18: Marking a proud national milestone, Davaindia – The Generic Pharmacy, under the aegis of Zota Healthcare Ltd., announced the launch of 77 new company stores across India on the occasion of the country’s 77 Republic Day. This landmark expansion reflects Davaindia’s commitment to making quality and affordable healthcare accessible to every Indian household. The simultaneous opening of 77 new company stores& 26 network partner stores reinforces Davaindia’s vision of “HarGhar Ki Pharmacy”, expanding its footprint across metros, Tier 2, and Tier 3 cities, and bringing trusted generic medicines closer to communities nationwide. Speaking on the occasion, Dr.…

18 Feb

SITEX – Surat International Textile Expo 2026 Organised by SGCCI in Surat from 21st to 23rd February 2026

Lifestylelifestyle

Surat (Gujarat) [India], February 18: The Southern Gujarat Chamber of Commerce and Industry (SGCCI) has organised the grand “SITEX – Surat International Textile Expo 2026” in Surat from 21st to 23rd February 2026 at the Surat International Exhibition and Convention Centre (SIECC), Chamber of Commerce road, Sarsana, Surat. SGCCI President Mr. Nikhil Madrasi stated that the three-day exhibition, held under the aegis of SGCCI and The Southern Gujarat Chamber Trade & Industries Development Centre, aims to provide a global platform to Surat’s textile industry. This is the 13th edition of the SITEX series and the second edition being organised within…

18 Feb

NVT Quality Lifestyle forays into Sky Villas and Large-Format Integrated Townships

BusinessBusiness

Move to Capitalise on the Next-Wave of Premium Residential Demand Bengaluru (Karnataka) [India], February 18: NVT Quality Lifestyle, a leading premium residential developer, today announced a strategic expansion of its stronghold in the luxury villa segment into ‘Sky Villas’ and integrated townships, marking an evolution in its long-term business strategy. The move positions the company to develop large-format, master-planned destination townships that bring together standalone villas with sky villas within a single, professionally planned ecosystem, aligned with the changing expectations of high-value homebuyers in India’s key urban markets such as Bengaluru. Anchored by a multi-phase development spanning approximately 100 acres…

18 Feb

Run for Safe Food 2026 Brings Communities Together for Safe Food and Sustainable Living

Lifestylelifestyle

Kolkata (West Bengal) [India], February 18: MUKTI, a non-profit organisation working across the Sundarbans and other vulnerable regions on issues of livelihood, education, health, environment, and social justice, successfully organised Run for Safe Food 2026, bringing together communities to advocate for safe, organic, and sustainable food systems alongside healthy living. The event witnessed participation from more than 2,000 people across multiple categories, including the 5×5 Relay Run, 10K Run, 5K Run, and 3K Walkathon, reflecting a shared commitment towards responsible consumption and community well-being. Participants included runners, community groups, partners, and supporters from diverse backgrounds. The programme commenced with an…

18 Feb

LBSIM GDPI Dates 2026: Process Underway from 17 February to 22 March

EducationEducation

LBSIM GDPI 2026 live: Interviews from 17 Feb to 22 Mar in hybrid mode. New Delhi [India], February 18: Lal Bahadur Shastri Institute of Management (LBSIM), New Delhi, has officially commenced its Group Discussion & Personal Interview (GDPI) process for admissions to the 2026–28 batch. The LBSIM GDPI dates are from 17 February 2026 to 22 March 2026. This announcement provides clarity for aspirants searching online for: LBSIM GDPI dates 2026 LBSIM interview mode online or offline Is LBSIM GDPI online? LBSIM Delhi NCR interview process LBSIM GDPI 2026: Mode of Conduct LBSIM has structured the GDPI process to ensure maximum convenience…