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Adidas Announces ‘Hi Energy Challenge’ to Inspire People to Turn Their Intent into Ations
News

Adidas Announces ‘Hi Energy Challenge’ to Inspire People to Turn Their Intent into Ations

The world is a different place as we know it. Athletes and consumers are now adapting and redefining the way they play sport. The year gone by has left many feeling uncertain, anxious and low on energy. Adidas with the launch of their greatest running shoe ever - ULTRABOOST 21, has announced – the 'Hi Energy Challenge' - a unique energy return challenge to inspire people to not just have intent but turn them into actions. The Hi Energy Challenge will be supported by adidas India athletes like Rohit Sharma, Kuldeep Yadav, Hima Das, Manpreet Singh, Mirabai Chanu among others who shall  host sessions and live chats on the adidas’ India Instagram handle sharing their plans and goals for 2021. While the Hi-Energy Challenge is a global effort to get the world moving with optimism, in...
CM Sonowal Inaugurates Akshaya Patra’s Kitchen Sponsored by the Airports Authority of India in Guwahati, Assam
CSR, News

CM Sonowal Inaugurates Akshaya Patra’s Kitchen Sponsored by the Airports Authority of India in Guwahati, Assam

The Hon’ble Chief Minister of Assam, Shri Sarbananda Sonowal inaugurated The Akshaya Patra Foundation’s new centralised kitchen in Guwahati, Assam on 20th January, 2020. Through this kitchen sponsored by the Airports Authority of India (AAI), Akshaya Patra will endeavour to implement the Mid-Day Meal (MDM) Scheme in the state. The kitchen has a built-up area of 40,000 sq. ft., and the capacity to prepare 50,000 meals in three hours. Akshaya Patra will initially serve about 40,000 children in 600 Government schools in the region and gradually reach out to more children. The Chief Guest for the inauguration ceremony was the Hon’ble Chief Minister of Assam, Shri Sarbananda Sonowal. The guests of honour for the event were Shri Hardeep Singh Puri, Hon’ble Minister of Civil Aviation, who...
Avanti Finance and Michael & Susan Dell Foundation Collaborate to Provide Affordable Loans to COVID-affected Micro Entrepreneurs
CSR, News

Avanti Finance and Michael & Susan Dell Foundation Collaborate to Provide Affordable Loans to COVID-affected Micro Entrepreneurs

Avanti Finance announced its collaboration with Michael & Susan Dell Foundation to support micro-entrepreneurs in securing low-cost debt as they strive to rebuild their livelihoods and resume business activity following the outbreak of the COVID-19 pandemic. This is an innovative strategic collaboration in the social fintech sector. The Dell Foundation has provided Avanti Finance with a low-cost debt of INR 15 crore, which Avanti will utilize to provide unsecured loans amounting to as much as INR 150,000 to low-income borrowers in urban and peri-urban areas in Madhya Pradesh, Gujarat, and Tamil Nadu for a period of up to 30 months. Avanti’s extensive network of partners, curated to accelerate access to formal credit and customized financial products to the unbanked, will be leverag...
Gujarat Chief Minister Inaugurates Akshaya Patra’s New Kitchen at Jamnagar
CSR, News

Gujarat Chief Minister Inaugurates Akshaya Patra’s New Kitchen at Jamnagar

Hon’ble Chief Minister of Gujarat, Shri Vijay Rupani inaugurated The Akshaya Patra Foundation’s new kitchen in Jamnagar, Gujarat through a virtual event organised to launch a series of public welfare projects in the state. The newly inaugurated kitchen has been built in collaboration with the Reliance Foundation and Jamnagar Municipal Corporation (JMC) and has the capacity to serve 50,000 beneficiary children. In the first phase, Akshaya Patra will serve 33,375 beneficiaries of the Mid-Day Meal (MDM) Scheme and ICDS Anganwadi feeding programme while adhering to international standards of food safety and hygiene. The chief guest for the occasion was Shri Vijay Rupani – Hon’ble Chief Minister of Gujarat. The event was also attended by Shri Dharmendrasinh Jadeja – State Minister of Fo...
Amitabh Prasad Appointed as CEO of Sterlite Power Brazil
Joining Announcement, News

Amitabh Prasad Appointed as CEO of Sterlite Power Brazil

Sterlite Power, a global developer of power transmission, announced the appointment of Amitabh Prasad as CEO, Sterlite Power Brazil. After two years of association with the company in various leadership positions, Ricardo Cleber Zangirolami has decided to step down from the CEO position due to personal reasons. He will continue to support the company in his capacity as member of the Advisory Board with focus on M&A, Regulatory and Legal. These changes are effective February 1st, 2021 subject to necessary approvals. Amitab Prasad Amitabh is a seasoned industry professional with over 25 years of experience in leadership positions across power and infrastructure sectors. Over the last three years, Amitabh has successfully led the Global Supply Chain function for Sterlite Power acro...
Sterlite Power Raises INR 200 Cr from Allianz Global Investors
Investment, News

Sterlite Power Raises INR 200 Cr from Allianz Global Investors

Sterlite Power, a leading global power transmission player, announced today that it has raised INR 200 crore in debt financing from Allianz Global Investors (Allianz GI) - one of the world’s leading investment managers with focus on sustainable investments. This transaction is one of the first infrastructure sector financing deals for Allianz GI in India. The INR 200 crore facility from Allianz GI has been raised as a non-convertible debenture with a three-year tenure and is part of the larger refinancing exercise undertaken by Sterlite Power to reduce its holding company borrowings. Sterlite Power is increasingly focused on integrating renewable energy (RE) to the grid. The company enjoys an impressive track record of completing projects on time with the highest standards of qual...
Jumbotail Raises $14.2 Mn in Series B3 Round Led by VII Ventures
Investment, News

Jumbotail Raises $14.2 Mn in Series B3 Round Led by VII Ventures

Jumbotail, a new retail platform and B2B marketplace for food and grocery products, has raised $14.2 million Series B3 round of funding led by VII Ventures with participation from Nutresa, Veronorte, Jumbofund, Klinkert Investment Trust, Peter Crosby Trust, Nexus Venture Partners, Discovery Ventures, and a group of HNIs and industry leaders. This round comes in quick succession after a $11M Series B2 round raised in October 2020, bringing the total funds raised by the company to $54mn. Ashish Jhina, Co-founder, Jumbotail, said, “Jumbotail is at an inflection point in its growth trajectory. We are seeing tremendous interest from investors across the globe who are drawn to our highly scalable and operationally profitable business model, built on the industry's best technology and cu...
Acer Unveils Its First Chromebook with AMD Ryzen Mobile Processors and AMD Radeon Graphics
News, Technology

Acer Unveils Its First Chromebook with AMD Ryzen Mobile Processors and AMD Radeon Graphics

Mumbai, Jan. 08, 2021: Acer today unveiled its first Chromebook with new AMD Ryzen™ 3000 C-Series Mobile Processors and AMD Radeon™ graphics—the new Acer Chromebook Spin 514 (CP514-1H/ CP514-HH). This power combined with a durable, stylish design and long battery life make the Chromebook more than capable of handling all the applications consumers need as they work and learn from home. Also, Acer will offer the Acer Chromebook Enterprise Spin 514 (CP514-1W/ CP514-WH) which comes with the latest AMD Ryzen™ 3000 C-Series Mobile Processor and the business capabilities of Chrome OS unlocked to support business customers. “The pairing of AMD Ryzen Mobile Processors with a durable design makes the new Acer Chromebook Spin 514 an excellent choice for users that need to get work do...
Nippon Paint Partners with Seekho India to Train Over 5000 Youth as Its  “Virtual Sales Warrior”
Human Resources, News

Nippon Paint Partners with Seekho India to Train Over 5000 Youth as Its “Virtual Sales Warrior”

New Delhi, Jan. 07, 2021: Nippon Paint, the paint and refinish company, collaborates with Seekho India, an online skill-training platform,  to empower the youth of India and make the countries first team of “Virtual  Sales Warriors”  “Virtual Sales Warrior” Project co- branded with Nippon paint is an Industry  led, Industry branded course that trains the youth to become a professional;  certified sales executives and become a revenue generating partner for the  country  On the occasion, Mr. Sharad Malhotra, President (Automotive Refinishes  and Wood coating), Nippon Paint India said, “we provide growth and  incubation platform to multiple Startups and with virtual Warrior Program Seekho India will reach out to talented youth and empower them with&nb...
Legalwiz.in Raises Rs 3.8 CR Funding from ContCentric
Investment, News

Legalwiz.in Raises Rs 3.8 CR Funding from ContCentric

Ahmedabad, Jan. 05, 2021: Legalwiz.in, Gujarat-based LegalTech firm, today announced that it has raised Rs 3.8 crores of funding from ContCentric IT Services Private Limited, an enterprise content management company. Started in April 2016 to cater to StartUps & SMEs, Legalwiz.in enables legal, financial, corporate & taxation compliances. Speaking on the occasion, Mr Shrijay Sheth, Founder – Legalwiz.in, said, “We are excited about the funding from ContCentric because it will help to optimize Legalwiz.in performance and create new avenues for delivering greater value. It is a strategic funding against Technology roadmap for Legalwiz.in. This dovetails with our founding credo of Simple – Affordable – Transparent – because leveraging ContCentric’s proven expertise, we will be...