News

Delhivery plans to create over 75,000 seasonal jobs pan-India
26 Aug

Delhivery plans to create over 75,000 seasonal jobs pan-India

MediaCatalystNews
Mumbai: Delhivery, an integrated logistics provider, has announced plans to create over 75,000 seasonal jobs pan-India, over the next 6 weeks. This will cater to the significantly higher volumes during the festive season with both its parcel and express part-truckload businesses.  The company recently announced that it would hire 10,000+ off-roll employees across its gateways, warehouses, and last-mile delivery centers. The company will also double down on its various partner programs by onboarding individual bikers, local retailers, business partners, and transporters.  Delhivery is able to onboard multiple partners at scale without impacting the end customer experience thanks to its technology…
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Godrej Appliances inaugurates its 36th Godrej Disha Excellence Centre in India, second centre in Faridabad
16 May

Godrej Appliances inaugurates its 36th Godrej Disha Excellence Centre in India, second centre in Faridabad

MediaCatalystCSR, News
Faridabad: Godrej & Boyce, the flagship company of the Godrej Group, announced that its business unit Godrej Appliances has opened its 36th Excellence Centre for vocational training in India, second in the city of Faridabad, in association with IITM Murthal in Sonipat. IITM Murthal is a premier education institute with a distinctive academic profile, working relentlessly towards its commitment to empowering rural youth by training them on job-oriented trades. The excellence centre is part of the ongoing ‘Godrej Disha’ initiative – the vocational training program of the group -that aims at improving lives of India’s underprivileged youth by training them…
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MISSCALLPAY Won ‘TiE50 winner’ Title
13 May

MISSCALLPAY Won ‘TiE50 winner’ Title

MediaCatalystNews
Mumbai, 13th May 2022 – MissCallPay, a voice-based payment Fintech startup running on UPI 123Pay has added another accolade in its kitty. The company was declared as ‘TiE50 winner’ and has stood among thousands of startups who applied and among 18 non-usa startups who have won the TiE50 title at TiEcon 2022, the technology-anchored entrepreneurship conference.   On the behalf of MissCallPay, Mr. Mitesh Thakker, founder of MissCallPay has been honored in the presence of eminent corporate leaders, investors, and other big players in the industry.  Commenting on being felicitated as the ‘TiE50 winner’ Mr. Mitesh Thakker, Founder of MissCallPay said,…
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Fairfax and Quess commit up to INR 300 crores to set up a 350 bed Speciality Paediatric Centre at CMC Vellore
06 May

Fairfax and Quess commit up to INR 300 crores to set up a 350 bed Speciality Paediatric Centre at CMC Vellore

MediaCatalystHealth, News
Bengaluru: Fairfax Financial Holdings Limited (“Fairfax”) along with Quess Corp Ltd. (“Quess”) announces the signing of a MoA with Christian Medical College (“CMC”), Vellore to set up a paediatric specialty centre at its Kannigapuram campus. The proposed centre, which will be called the ‘CMC Vellore Paediatric Specialty Centre’, will have 350 beds covering a range of paediatric specialties. Fairfax and Quess have pledged up to INR 300cr towards setting up this centre, with the vision to provide leading state-of-the-art paediatric medical and surgical services. In addition to treatment, the centre will also focus on education, training and research. This will…
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08 Jan

Agility Ventures To Launch INR 450 Crore Angel Fund

MediaCatalystNews, Startup
New Delhi: The year has begun on a promising note for Agility Ventures. One of the leading angel investor networks in the country, the company has received approvals from the Securities and Exchange Board of India's (SEBI) for an angel fund with a total corpus of the angel fund is INR 450 crore (USD 60 Million), Agility Ventures is looking to deploy the entire corpus in the next 3-4years. The past two months have seen numerous angel investor networks applying to SEBI for AIFs (Alternative Investment Funds) to not just invest in the same ecosystem, but also get tax relief for…
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28 Dec

Annapurna Finance raises $35 million from Accion, Encourage Capital, and Oikocredit

MediaCatalystInvestment, News
New Delhi: Odisha-based Annapurna Finance today announced its third capital raise within the year of $35 million (INR 260 Cr) from Encourage Capital, Accion and existing investor Oikocredit. This is the third capital raise by Annapurna in 2021, after attracting a $30 million investment from Nuveen Global Impact Fund in March 2021 and a $20 million from DEG in November 2021, bringing the total investment to $85 million this year. Annapurna Finance, with a pan India rural distribution network and its multi-product strategy, offers micro credit loans, home improvement, and MSME loans to individuals and small businesses. As part of…
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28 Dec

Ramky Enviro bags contract to develop CETP at TSIIC Industrial Park, Pashamylaram

MediaCatalystNews
Mumbai: Ramky Enviro Engineers Limited, provider of comprehensive environment management services in India and Asia, was awarded the contract to develop a Zero Liquid Discharge Common Effluent Treatment Plant (ZLD-CETP) at the TSIIC Industrial Park at  Pashamylaram, Hyderabad. The contract awarded by the TSIIC is to develop the CETP on a DBFOT basis. The plant will initially treat 480 KLD (kiloliters per day) of wastewater with plans to expand to 1 MLD (million liters per day). The contract was awarded in the presence of TSIIC Vice Chairman & Managing Director, Mr. Venkat Narasimha Reddy, CEO, Mr. V Madusudan, Chief Engineer,…
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23 Dec

Onsurity Launches HealthCare Credits Program for Startups

MediaCatalystHealth, News,
Delhi: Onsurity, an employee healthcare benefits platform, is launching a health benefits credit program for startups - Onsurity Edge Credits Program. The program is designed to empower startups by offering their employees a health benefits membership with Healthcare along with wellness benefits. Startups who opt-in for the credits program will receive up to INR 25,000 credits which can be redeemed to buy comprehensive healthcare plans for employees. Onsurity, which is subscription-based employee healthcare platform for startups and SMEs, has firmed up plans to reach more 10,000 SMEs through this program, covering over 1 lakh lives, in next 12 months.  In…
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21 Dec

AstraZeneca India and Make-A-Wish foundation partners to grant 500 wishes to critically ill children

MediaCatalystCSR, News,
Mumbai: AstraZeneca India Private Limited, a leading science-led biopharmaceutical company, joined hands with ‘Make-A-Wish’ Foundation India to fulfil the wishes of about 500 children suffering from critical ailments across the country. Under this partnership the organisation supported a series of 11 events organised either virtually or on-ground across Bangalore, Goa, Mumbai, Kolkata, Jaipur, Delhi, Pune, Hyderabad, Chennai, Ahmedabad and Baroda in an effort to reach out as many children between the age of 3 to 18 years as possible and leave them with joyous memories. Commenting on this initiative, Dr. Anil Kukreja - V.P Medical Affairs & Regulatory, AstraZeneca India said, "We…
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IIFL Home Finance signs agreement for Co-lending with PNB
17 Sep

IIFL Home Finance signs agreement for Co-lending with PNB

MediaCatalystBanking, Finance, Insurance, News,
Mumbai: IIFL Home Finance Ltd. (IIFL HFL) today announced and signed an agreement with Punjab National Bank (PNB), India’s 2nd largest Public Sector Bank, for Co-lending. IIFL Home Finance Ltd. expects to grow their loan book by 25% with these associations. The loan sourcing and servicing will be managed by IIFL Home Finance and 80% of the loan will be provided by Punjab National Bank.  IIFL Home Finance Ltd. will service the customers through the entire loan cycle, from sourcing, documentation, collection to loan servicing. This association will let IIFL Home Finance to further penetrate into affordable Home Loan and Secured MSME Loan markets, and will also strengthen IIFL’s HFL’s portfolio. This…
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