Author: News Desk

FMCG major Marico has acquired a majority 54 per cent stake in the digital-first healthy breakfast and snacks brand True Elements Marico purchased the stake through primary capital infusion and secondary buy-outs in HW Wellness Solutions True Elements’ existing leadership team will continue to run the brand independently and build synergies The transaction will expand Marico’s presence in the healthy foods segment Accelerate its transformation by adding another digital-first brand with a strong portfolio

Environmental enthusiasts from across India joined seven international trainers at “TechCamp Kochi: A Wave of Change” from May 19-21 They brainstormed technology-driven solutions to address issues affecting India’s coastal areas Participants of the workshop are now eligible to pitch their ideas and compete for innovation grants linked to technology-driven ideas To shape ideas into actionable outcomes, seven trainers – from the United States, Cambodia, Kenya, and India – mentored teams through inspiration and learning sessions “TechCamp Kochi is the first-of-its-kind workshop focused on how technology can help find solutions to some of the most pressing problems facing coastal waters, inland…

The Centre for Fire, Explosive and Environment Safety ( CFEES ), has submitted its report to the Ministry of Road Transport & Highways CFEES was tasked with investigating incidents of electric scooter catching fire Ministry officials have already summoned representatives of Ola Electric, Okinawa Autotech, Pure EV, Jitendra Electric Vehicles & Boom Motors Officials have asked them to submit an explanation on the findings The Road Transport Ministry had asked DRDO’s lab, CFEES to conduct an investigation into frequent incidents of EV scooters catching fire And share findings of its report along with remedial measures The minister had also said…

For Keralites, eating food on plantain leaves (Thooshan ela) is nostalgia. It has health benefits, too. However, if you use ‘Thooshan plate’, you will get two benefits. You can eat the food and the plate. Surprised? Here is Thooshan’s story. When Vinayakumar Balakrishnan and his wife Indira, a native of Kakkanad, Ernakulam, wanted to start a venture, they wanted it to be commercially viable as well as useful to society. ‘Thooshan’ is an outcome of their thought. The idea is to avoid littering plates after eating. If you do not want to eat it, fed it to chicken or fish.…

India’s only truly golden tea with 24 carat gold in it was introduced to the world on International Tea Day at Ranjit Baruah’s tea boutique ‘Swarna Panam’ , the golden tea is a mixture of pure 24 carat gold at Rs 2.5 lakh per kg The blend contains fine petals of 24 carat edible gold and a rare Assam Black tea with honey notes It is made from the finest tender leaves of the best tea clones handcrafted to perfection Swarna Panam comes in a white-gold, ceramic 100-gram jar It is packed with a glass diffuser pot, a double-wall glass…

For 100-year-old Brazilian man Walter Orthmann, it is a proud moment. He has recently entered the Guinness World Records for serving a company for more than 84 years! He works for the textile company in Brazil called Industrias Renaux SA, popularly known as RenauxView. Born on April 19, 1922, in the state of Santa Catarina, he joined the company on January 17, 1938, at the age of 16 as a shipping assistant. His dedication and discipline earned him a promotion to a sales position. Later, he was promoted to Sales Manager. Till then, he has been working in that position.…

According to a report by Benori Knowledge, a new-age provider of custom research and analytic solutions, the digital investment market shows an upward curve in India. In the last three years, 81 per cent of digital investors commenced their investment journey, and the majority of them are millennials who form 93 per cent. They prefer digital platforms as such avenues are convenient and offer a wider range of options such as higher returns on their investments. Interestingly, women make up almost 40 per cent of digital investment. Geographically, residents of urban areas make up the majority. Over 60 per cent…

Fintech platform Paytm has reappointed Vijay Shekhar Sharma as its Managing Director and Chief Executive Officer for a tenure of five years. The tenure will begin on December 19, 2022, and will end on December 18, 2027. Meanwhile, Madhur Deora, who has been appointed as the Whole-time Director of Paytm for five years on May 20, will continue in the capacity of Chief Financial Officer of Paytm. According to One 97 Communications, the parent company of Paytm, it reported a widening of consolidated net loss to Rs 763 crore for the quarter ending on March 31, 2022. In the December…

Innovation Week organized by Kerala Startup Mission was Kicked off by Cyclothon KSUM CEO John M. Thomas did the flag off Cyclothon covered 25 km from Kalamassery Technology Innovation Zone to Infopark The Community Leaders Summit was also held in this connection, with participation of people from different walks of life Startup Mission Innovation Week is organized in association with Global Shoppers Kochi Makeathon, Codeathon, Buildathon, Design-athon, Creators Summit, She power Summit, Investor Cafe, Pitch Fest will be held during the Innovation Week Founders Summit, Product Expo, Food Fest and Open Mic are also organized during Innovation Week Innovation Week…

A Malayalee startup shined in the season 1 of India’s notable business reality show, Shark Tank India. The Malayalee youths asked shark tank investors 50 lakh for 5% equity and got Rs 60 lakh in the final deal. Kochi-based agritech company Brainwired is the startup that has caught the attention of investors. Ashneer Grover, Peyush Bansal, Namita Thapar and Aman Gupta invested in Brainwired. Brainwired founders Sreeshankar S Nair and Romeo P Jerard promote animal health through their startup . Romeo and Sreeshankar had the dream of becoming entrepreneurs while studying engineering at the TalkH Institute of Science and Technology…