Business – Page 178 – THE ECONOMIC INDIA

12 Dec

Clean-Label Champion Scales: Indian Snack House (ISH) Raises INR 2.14 Cr. via Niveshagya, Validating Demand for Authentic Regional Snacks

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New Delhi [India], December 12: Indian Snack House (ISH), one of India’s fastest-growing clean-label regional snacking brands, has raised an interim funding round of ₹2.14 crore, facilitated by Niveshagya, a scientific wealth-management and investment advisory firm. Investors from cities including Indore, Pune, Nashik, Bhopal, and Kota participated in the round -highlighting that trust in emerging consumer brands is no longer limited to the metro cities. With this fresh infusion, ISH has reached a valuation of ₹33 crore – a significant rise from ₹7.5 crore just eighteen months ago. That’s a fourfold jump, following their angel round in May 2024, also supported by Niveshagya,…

12 Dec

The Backpacker’s Guide to International Travel Insurance

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Mumbai (Maharashtra) [India], December 12: Backpacking abroad from India is exciting, with cheap flights, hostels, street food and flexible plans. In the middle of bookings and packing, travel insurance often looks like an optional extra. In reality, it is the quiet safety net behind your journey. The best travel insurance is the one that quietly handles emergencies so you can keep exploring instead of worrying about hospital bills or cancelled flights. Why Travel Insurance Matters for Backpackers International travel insurance is built to protect you when things go wrong outside India. A single policy can support you with medical care, travel…

12 Dec

Rsrishti International: Bridging Indian Goods to the World

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New Delhi [India], December 12: In an increasingly interconnected global economy, companies that can efficiently link producers and global buyers are essential. Rsrishti International Pvt. Ltd. aims to be such a bridge — helping Indian businesses, especially small and medium-scale enterprises (SMEs), access international markets for their produce and goods. Their central promise: to connect India’s agricultural abundance — fruits, vegetables, herbs, traditional natural ingredients — with demand in overseas markets. Core Strengths: Quality, Supply‑Chain Expertise & Global Reach Rsrishti stands out for its emphasis on quality sourcing, rigorous supply‑chain handling, logistics management, and compliance with global export standards. They…

12 Dec

SILA emerges as one of India’s fastest-growing Business Services and Real Estate Platforms

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Mumbai (Maharashtra) [India], December 12: SILA, one of India’s fastest-growing Business Services and Real Estate Platforms, is strengthening its national presence as the sector shifts towards technology-led and professionally managed operations. In a market historically dominated by fragmented service providers, the company has built scale through a systems-driven approach that now covers a wide range of commercial, residential, retail, industrial, and institutional assets across the country. Founded by Sahil Vora and Rushabh Vora, SILA began as a facility management firm before expanding into a multi-vertical organisation. Its services today include facility management, real estate advisory, material handling equipment solutions, food and…

12 Dec

From Calicut to the Country: Fumme Marks Bengaluru Entry as India’s Performance-First Perfume Brand

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Kochi (Kerala) [India], December 12: Fumme, began in Calicut, not in a Parisian lab or a luxury boardroom, but in the everyday work of people who have spent years around scent. For co-founders Sufiyan Vayoli and Fasal Rahman, attars, oils, and blends have always been part of life, shaped by Middle Eastern fragrance culture and the quieter sensibilities of coastal Kerala. Over the years, as they explored perfumes across India, one pattern kept repeating itself: most fragrances simply did not hold their character in Indian weather. Heat and humidity swallowed the scent. French compositions faded too quickly. Middle Eastern blends felt…

12 Dec

Ekta World Repays Rs 170 Crore to ICICI Bank, Strengthening Financial Position Through Robust Sales Performance

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Mumbai (Maharashtra) [India], December 12: Ekta World has successfully repaid Rs 170 crore to ICICI Bank through phased repayments, backed entirely by the strong sales and collections from its marquee development, Ekta Tripolis. The repayment, done recently, was completed without any external financing, marking a significant milestone for the company, demonstrating strong financial resilience, backed by operational discipline and continued buyer confidence. The repayment follows a period of exceptional performance at Ekta Tripolis, where the project’s financial health has strengthened considerably since the receipt of occupancy certificates. The occupancy certificates for two towers were received in 2023, while the same…

11 Dec

Brakes India and TBK Sign Business Alliance Agreement

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Mumbai (Maharashtra) [India], December 11: Brakes India Private Limited and TBK Co., Ltd. recently signed a capital and business alliance agreement. With this, Brakes India, a TSF Group Company, acquires a 10% shareholding in TBK through a primary capital infusion. The investment marks an important development for both organisations. This paves the way to leverage the strength of both companies for commercial vehicle braking and create enhanced value for customers and stakeholders. TBK, a leading global auto component manufacturer in the M&HCV segment, specialises in brakes, pumps, and engine-related components. This move gives both organisations the scope to draw on…

11 Dec

Asian Granito India Ltd. Strengthens Market Presence in Bihar with Launch of Two New Showrooms

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Patna (Bihar) [India], December 11: Asian Granito India Limited (AGL), a leading brand in luxury surface products including Tiles, Marbles, Quartz, and Bathware solutions has inaugurated two new showrooms in Bihar to strengthen its retail footprint in the region. The company launched its ‘AGL Universe’ showroom in Gaya Ji and an ‘AGL Exclusive’ showroom in Vaishali city. This milestone moment brings a world of elegance and sophisticated surface solutions closer to customers. New showrooms launched in Gaya Ji (AGL Universe) and Vaishali (AGL Exclusive). With these additions, AGL now has 17 exclusive showrooms in Bihar, including 1 Universe, with 4…

11 Dec

Stanbik Agro Limited IPO will open on 12 December 2025

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New Delhi [India], December 11: Ahmedabad-based Stanbik Agro Limited of Gujarat is a company engaged in contract farming, wholesaling and supplying of agricultural commodities. The objects of the issue of the company are related to launching new retail outlets and depositing brokerage fees, depositing security amounts and expanding the retail network, to meet working capital requirements and for general corporate purposes. The IPO opens on 12 December and closes on 16 December 2025, shares will be listed on the BSE SME platform. The company is raising Rs. 12.28 crore by issuing 40,92,000 shares of face value Rs. 10 at a…

11 Dec

‘Crafted for the Future’ initiative of Ministry of Textile Returns with its Third Edition at National Crafts Museum from 12–21 December

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New Delhi [India], December 10: Crafted for the Future, an initiative of DC Handicrafts, Ministry of Textiles, Government of India, returns with its third edition under the broader Weave the Future series. The exhibition will be held from 12 to 21 December at the National Crafts Museum, New Delhi, and will be open to all with free entry. This edition turns its focus to everyday materials and the wisdom embedded in traditional craft practices; inviting visitors to explore how India’s long history of material intelligence can guide more mindful and responsible ways of living today. Through installations, workshops, film screenings, demonstrations, and a craft marketplace, the initiative brings together artisans, designers,…