Around The World

19 Dec

Velocity Pours ₹200 Cr into India’s Booming F&B Sector

MediaCatalystBusiness, Investment

Bengaluru: Velocity, a leading cash-flow based financing platform, has announced a significant investment of ₹200 crore to empower India’s burgeoning restaurant and cloud kitchen industry. The fund is specifically designed to cater to the unique financial needs of F&B brands, particularly those operating on popular food aggregator platforms like Zomato and Swiggy. The F&B sector in India is experiencing exponential growth, driven by rising disposable incomes, evolving consumer preferences, and the increasing popularity of online food delivery. According to a report by Swiggy and Bain & Company, the market is projected to nearly double, reaching ₹9 trillion by 2030. Velocity's…

19 Dec

Hoonartek appoints Sunil Sharma as the Chief Delivery Officer

MediaCatalystHuman Resource

New Delhi, 19th December 2024: Hoonartek, a global provider of data, digital, and AI solutions, today announced the appointment of Sunil Sharma as Chief Delivery Officer (CDO). Sunil will oversee all delivery operations in this role, ensuring efficient execution and unparalleled customer value. With over 25 years of experience in the IT industry, Sunil brings a deep understanding of scaled operations and large-scale program delivery. He has held leadership positions at prominent organisations, including Coforge, Wipro, Accenture, and Infosys. His proven delivery excellence and process improvement track record will accelerate Hoonartek’s growth. “We are delighted to welcome Sunil to the Hoonartek…

18 Dec

Mars Veterinary Health Invests in Crown Veterinary Services

MediaCatalystBusiness, Health

Investment will help advance pet healthcare in India and provide training and resources for local veterinary professionals Mumbai: Crown Veterinary Services (Crown Vet) today announced Mars Veterinary Health has entered the Indian veterinary sector through a minority investment. As part of a family-owned business with nearly 90 years of experience caring for pets, including 30 years in veterinary services, Mars Veterinary Health brings deep global expertise to Crown Vet’s established local presence that will help advance veterinary care in India. With its network of eight clinics across five cities in India—Mumbai, Delhi, Bengaluru, Hyderabad and Pune—Crown Vet is known for…

13 Dec

Decoding Corporate Travellers in India

MediaCatalystTravel

India's corporate travel sector is worth over $10.6 billion and is going through a major transformation. In recent months, the global travel and hospitality industry has faced significant challenges but has also discovered new opportunities. This change has led to innovations and a stronger ability to adapt to a new era. As businesses adjust to these changes, understanding the needs and preferences of corporate travellers in India is more important than ever. These insights have been provided by Mr. Trishal Rao, Chief Sales Officer, SKIL, reflecting his expertise in understanding the evolving preferences of corporate travellers in India. Increased focus…

06 Dec

Complex Angioplasty gives New Lease on Life to Post-Bypass Patient

MediaCatalystHealth

A 72-year-old gentleman from Delhi NCR had been living with debilitating chest pain and heaviness for several years. He had previously undergone bypass surgery 10 years ago for angina and chest discomfort. Despite following a strict medication regimen, his symptoms persisted and worsened over time, severely limiting his daily activities. He could barely walk 50 steps without experiencing intense chest pain, and in recent weeks, his condition had worsened to the point where even sleep became difficult, as he had to rest in a sitting position to relieve the pain. Dr. Ravinder Singh Rao Mr. Jain’s ongoing chest pain and…

06 Dec

South Indian Cinema Fans: Devotion or Obsession? New DocuBay Film “Fanatics” Explores the Phenomenon

MediaCatalystEntertainment

Mumbai: DocuBay, the streaming platform known for thought-provoking documentaries, is set to unveil its latest offering, "Fanatics," on December 7th. This in-depth exploration dives into the extraordinary devotion of South Indian cinema fans, examining the emotional connection and societal impact of their unwavering loyalty. "Fanatics" ventures deep into the hearts and minds of these fans, whose dedication redefines the concept of fandom. From building temples for their idols to life-altering acts of devotion, the documentary captures both the intense love for the stars and the potential downsides of such obsessions. The film explores the evolution of fan culture, from the…

15 Nov

HGS Reports Mixed Q2 & H1 FY2025 Results

MediaCatalystBusiness

Mumbai: Hinduja Global Solutions (HGS) today announced its unaudited second quarter and half-yearly results for FY2025. Financial Highlights: Q2 FY2025: Total Income stood at Rs. 1,207.6 crore, with a Total EBITDA of Rs. 154.8 crore. H1 FY2025: Total Income reached Rs. 2,426.2 crore, and Total EBITDA was Rs. 298.3 crore. Key Developments: Strategic Partnerships: HGS signed two major contracts in North America for core technology services. Technological Advancements: Launched a new AI Hub in Manila, Philippines to enhance digital experiences. Global Expansion: The new center in Cape Town, South Africa, is already supporting over 65 clients. While HGS achieved positive…

14 Nov

AI Revolutionizes the Creative and Media Landscape: D:CODE 2024

MediaCatalystBusiness, Digital

Gurgaon: The Advertising Club's annual digital review, D:CODE, is set to return for its fourth edition on November 28th, 2024. Presented by Google, this year's event will delve into the transformative power of AI on the creative, media, and user landscape in India. The event will bring together nine industry experts, including a surprise speaker, to discuss the latest trends and innovations in AI. The lineup includes: Varun Mayya, CEO and Founder of AEOS Jaspreet Bindra, Founder of AI&Beyond and Tech Whisperer Ltd Manish Gupta, Director at Google DeepMind India Kavita Nair, Strategic Advisor at Skewb Analytics Soumya Mohanty, Managing…

14 Nov

Rapido Accelerates Growth, Cuts Losses in Q2FY25

MediaCatalystBusiness

Rapido, India’s leading low-cost mobility platform, has reported a strong financial performance for the second quarter of the fiscal year 2025 (Q2FY25). The company achieved a remarkable 2.5x increase in Gross Order Value (GOV) to INR 2,461 Crores, up from INR 977 Crores in the same period last year. This growth was driven by a doubling of ride orders to 207 million, indicating increased user engagement and a larger user base. Despite this significant growth, Rapido managed to reduce its quarterly losses to INR 17 Crores, a significant improvement from the INR 74 Crores loss in Q2FY24. This achievement was…

14 Nov

Citadel: Honey Bunny Was Prime Video’s Most Watched Series Globally This Weekend

MediaCatalystEntertainment

Mumbai: Prime Video has revealed that the Indian Original spy series Citadel: Honey Bunny, born from the world of Citadel, was the most watched series on Prime Video worldwide in its launch weekend. sThe Indian series directed by Raj & DK (Raj Nidimoru and Krishna DK) and starring Varun Dhawan and Samantha, has drawn in huge global audiences, streamed in 200 countries worldwide. The series was in the Top 10 in almost 150 countries, including US, UK, France, Italy, Australia, Canada, Brazil, and UAE, proving the trend that consumers are continuing to enjoy non-English language content. It was also Number…