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CoreEL Technologies Raises USD 30 Million in Series B Funding to Accelerate Growth Plans

CoreEL Technologies India Private Limited (CoreEL), a leading provider of advanced electronic system and sub-system-level products and solutions for the Aerospace and Defence sector, has raised USD 30 million in Series B funding. The Series B round had a majority inflow from ValueQuest Scale Fund and was strongly supported by 360 One Asset.  360 ONE Asset, an early institutional backer of CoreEL, having led the company’s Series A round, has further increased its stake by participating in the Series B round, underscoring its conviction in CoreEL’s scale, execution maturity and long-term growth trajectory.

 

The Series B funding marks a significant milestone for CoreEL, validating its R&D-driven business model focused on developing some of the country’s most innovative electronics products for fast-growing market segments. This funding will further accelerate the company’s growth journey, both in terms of revenue expansion and an enhanced commitment to R&D to ensure long-term, sustainable growth. The capital will be deployed across multiple initiatives, including scaling manufacturing capacity, strengthening research and development, advancing product engineering and supporting participation in large and complex aerospace and defence programmes in India and overseas.

 

Headquartered in Bengaluru, CoreEL designs, develops and manufactures advanced electronic system and sub-system-level products for strategic applications in the Radar, Electronic Warfare, Avionics Milcom sectors and the company has delivered several critical high end electronic system level products and solutions to both strategic and commercial set of customers. CoreEL customers include DRDO, Defence Public Sector companies and MOD.

 

The funding follows CoreEL’s recent acquisition of the Aerospace and Defence Systems division of Lekha Wireless, which significantly expanded its communication systems portfolio. The acquisition added proven wireless communication technologies, indigenous intellectual property and specialised engineering talent, further strengthening CoreEL’s capabilities in the MILCOM domain. These additions complement CoreEL’s existing strengths in communication systems, airborne electronics, secure data links and SATCOM-enabled solutions.

 

Commenting on the funding, Vishwanath Padur, Managing Director, CoreEL Technologies, said, “CoreEL has established itself as a world-class electronic systems and product development company, delivering complex, mission-critical solutions to our Armed Forces through DRDO and defence PSUs. We continue to develop some of the most advanced electronic systems for strategic aerospace and defence programs. This Series B funding reflects strong investor confidence in our long-term strategy, engineering depth and execution capability.”

 

Pushkar Jauhari, Managing Director and Head of Private Equity at Value Quest, said, “CoreEL’s strong positioning across aerospace and defence domain with its proven technological capabilities and its focus on indigenous development, aligns well with objective of investing into innovation driven strong technology companies strengthening India’s aerospace and defence sector with long term investment support and collaboration. Our investment in CoreEL Technologies reflects our strong conviction in CoreEL’s proven execution capability, engineering & leadership depth and its ability to scale up and contribute meaningfully to indigenization initiatives.”

 

Umesh Agrawal, Fund Manager, 360 ONE Asset and Nominee Director on Board of CoreEL, said, “CoreEL has built strong capabilities in electronic systems development for aerospace and defence, supported by a clear strategic vision and an experienced management team. We were the first institutional investor to back the team’s vision, and this investment reflects our conviction in the platform they are building. We are pleased to deepen our partnership with CoreEL as it scales its operations and enters the next phase of growth.”

 

Steer Advisors acted as the sole transaction advisor for the fundraise. Steer has been working in the Aerospace and Defence sector for over a decade now and has built a reputation as an enabling investment banker for companies seeking critical investment and collaboration. Rajesh Doshi, Managing Director of Steer said, “We are pleased to have enabled this investment into CoreEL, complementing our earlier efforts on Series A.  The emphasis CoreEL lays on innovation, processes, marketing and customer relationships has created a reputation for CoreEL as a dependable partner for its customers.” 

 

About ValueQuest

Founded in 2010, ValueQuest Investment Advisors Pvt. Ltd. (“ValueQuest”) is a Mumbai-based investment management firm known for its disciplined, research-driven approach to public and private markets. Over the past 15 years, ValueQuest has built a reputation for deep fundamental research, long-term value creation, and an unwavering commitment to its #InvestorsFirst philosophy. With a focus on identifying quality businesses and partnering in their growth journeys, ValueQuest continues to be one of India’s most respected and trusted investment managers. The firm manages AUM of ~USD 3bn. Their private equity funds are housed under the entity “Quest4Value Investment Managers LLP” with AUM in excess of USD 400m.

 

About 360 ONE Asset Management Limited

360 ONE Asset manages an overall listed market and alternates AUM of more than $10 billion* across multiple asset classes. It is one of India’s largest alternative asset managers, with private market AUM of $5 billion. 360 ONE Asset’s premier venture capital and private equity platform has an AUM of ~ $3.3 billion, 89 portfolio companies and a seasoned investment team in Mumbai and Bangalore. The platform spans the entire company life cycle, from Idea to IPO, offering investment solutions across Venture Capital, Growth Equity, Late-Stage PE and pre-IPO, Secondaries and Fund-of-Funds. It has a 10-year track record of successfully partnering with founders and of innovation, consistently bringing new offerings to the Indian market.

 

More information is available at: www.360.one/asset

 

*As on 30th Sept 2025. Funds managed by 360 ONE Asset Management Ltd. and 360 ONE Alternates Asset Management Ltd.

 

About CoreEL Technologies (India) Private Limited

Technologies is a Systems Engineering and Technology Solutions company founded in 1999. The Company designs, manufactures and supplies advanced electronic products and complex electronic systems to Indian Aerospace & Defence Industry, including the Ministry of Defence. Its products have been deployed in India’s next-generation avionics, radars, missiles, electronic warfare, MILCOM and SONARS, amongst others. CoreEL has received recognition from the Ministry of Defence (MOD), Defence Research and Development Organization (DRDO) and multiple Industry Associations for its innovative products and processes.

 

For more information visit: www.coreel.com.

Shaping India's USD 10 Trillion Vision: ACoS 9th Annual Summit Brings Legal and Business Leaders Together

The Alliance for Corporate Counsel and  Company Secretaries (ACoS) successfully hosted its 9th Annual Meeting and International Summit on Saturday, December 20, 2025, at Hotel Le Meridien, New Delhi, convening senior members of the judiciary, general counsel, senior advocates, policymakers, and industry leaders from across the country.

 

Lakshika Joshi, Sampadaa Narang, Harsh Goyal, Goviind Vijay, Parvesh Kheterpal, HMJ J K Maheshwari, Judge Supreme Court, HMJ Sachin Datta, Judge High Court, Ranju Goyal, Sameet Gambhir, Sachin Kalra

 

Held under the theme “India Rising: Legal Minds, Global Businesses – Role of the Legal Profession in Shaping India’s Global Competitiveness,” the Summit provided a robust platform for deliberations on the evolving role of the legal profession in strengthening governance, driving investor confidence, and supporting India’s global economic ambitions.

 

The Valedictory Session featured the Keynote Address by Hon’ble Mr. Justice J. K. Maheshwari, Judge, Supreme Court of India, and opening remarks by Hon’ble Mr. Justice Sachin Datta, Judge, High Court of Delhi, highlighting the importance of institutional strength, regulatory clarity, and ethical leadership in India’s growth story.

 

A key highlight of the evening was the Felicitation Ceremony, during which Hon’ble Mr. Justice J. K. Maheshwari felicitated eminent Corporate Counsel as “Most Influential Corporate Counsel,” in recognition of their exceptional leadership, strategic influence, and contribution to the corporate legal and governance ecosystem.

 

Notably, a thought-provoking discussion on the statutory recognition of the Corporate Counsel profession was initiated by Mr. Parvesh Kheterpal, Founder, ACoS, during the Summit. During his welcome remark, Mr. Kheterpal underscored the expanding role of in-house counsel as strategic business partners, custodians of compliance, and key contributors to corporate integrity and economic development. The discussion found resonance among participants, who emphasised the need for a structured legal framework to formally recognise corporate counsel as a distinct and integral segment of the legal profession.

 

The Summit also featured multiple technical sessions on contemporary and high-impact topics, including international arbitration and India’s positioning as a preferred seat, data protection, artificial intelligence and digital infrastructure, white collar crime and corporate integrity, and India’s emergence as a global hub for inbound and outbound acquisitions. The summit brought together 200+ legal professionals for a day of insightful discussions.

 

The inaugural session, featuring members of the ACoS Governing Council, set the tone for the Summit by highlighting India’s regulatory reforms and the strategic role played by corporate lawyers in the country’s journey towards a $10 trillion economy.

 

The 9th Annual Meet concluded with a renewed commitment by ACoS to foster policy dialogue, thought leadership, and collaboration among the judiciary, industry, and the legal fraternity to strengthen India’s corporate legal ecosystem and global competitiveness.

Funds Advised by Convergent Finance and Samara Capital to Acquire an Additional 4.99% Stake in Sundrop Brands

Funds advised by Convergent Finance LLP (‘Convergent’) and leading private equity firm Samara Capital (‘Samara’) through their jointly owned and controlled company, CAG-Tech Mauritius Limited (‘CAG-Tech’), have signed definitive documents for the acquisition of an additional 4.99% stake in Sundrop Brands Limited (‘Sundrop’) from DMPL India Ltd (‘DMPL’), an Indian subsidiary of US-based food company, Del Monte. Pursuant to the deal, CAG-Tech, the promoter of Sundrop, will increase its holding to 38.91%.

 

Funds Advised by Convergent Finance and Samara Capital to Acquire an Additional 4.99% Stake in Sundrop Brands

 

In addition, CAG-Tech also has an option to buy another 4.99% stake from DMPL, exercisable after April 1, 2026.

 

In August 2024, Convergent and Samara jointly acquired a controlling stake in Sundrop by acquiring CAG-Tech. Following this acquisition, Sundrop’s food portfolio was expanded through the purchase of 100.00% of Del Monte Foods Pvt Ltd (‘Del Monte’), a joint venture between Bharti Group and Del Monte, in an all-stock deal of USD 154 million.

 

Sundrop continues to strengthen its position in India’s fast-growing packaged foods market through a widening product portfolio and expanding national footprint. The company benefits from strong brand equity, a robust pan-India distribution network, and a disciplined strategy focused on quality, innovation, and consumer trust. By increasing their shareholding, Convergent and Samara are further deepening their commitment to Sundrop’s long-term growth.

 

These attributes position Sundrop to capture the structural shift toward branded, packaged food products as household consumption patterns evolve. With a clear roadmap for operational excellence and category expansion, the company is, in our view, well set up for sustained success and value creation.

 

Harsha Raghavan, Managing Partner at Convergent Finance, said, “Sundrop is uniquely positioned to benefit from India’s accelerating demand for trusted, high-quality food and beverage brands. By increasing our stake, we are reinforcing our conviction in the leadership, its strategy, and its potential to deliver attractive long-term compounding for all stakeholders.”

 

Manish Mehta, Managing Director and Co-Chief Investment Officer at Samara Capital, said, “We are pleased to further back Sundrop in its journey of building enduring household brands. The company’s consumer-centric strategy, deep retail reach, and growing portfolio of scalable categories give us strong confidence in its ability to deliver sustainable, profitable growth over the coming years.”

 

About Convergent Finance LLP

Convergent Finance LLP is an investment management and advisory partnership at the forefront of bringing together Ideas, Capital, and passionate Entrepreneurs. The Convergent investment process involves identifying proprietary platform and bolt-on opportunities, speed of execution, and a relentless focus on performance improvement. The Convergent value investing approach believes in paying fair and reasonable valuations through bilaterally negotiated transactions.

 

About Samara Capital

Founded in 2007, Samara Capital is one of India’s leading mid-market private equity firms that invests in emerging partners with entrepreneurs and management teams to help businesses achieve their true potential, thereby creating long term value for all stakeholders. Samara’s investment strategy believes that focusing on input metrics and culture-building leads to sustainable and scalable business performance. Consumer and Retail is one of the largest focus areas for the firm. Samara has done multiple platform buildouts to create market leaders in sectors such as Consumer and retail, business services and healthcare.

 

About Sundrop Brands

Sundrop Brands Limited is a public limited company engaged in the business of creating, marketing and distributing innovative, delicious and convenient food solutions. Sundrop is listed both on National Stock Exchange and Bombay Stock Exchange. Widely recognized for its popular brands like ACT II popcorn, Del Monte, and Sundrop edible oils, the company has a vision to deliver joyful food experiences to the modern consumer.

Shilpa Shetty unveils a Modern Reinterpretation of her Iconic Mangalsutra Bracelet with Limelight Lab Grown Diamonds

Actor, Entrepreneur, and style icon Shilpa Shetty announces her much awaited signature Mangalsutra Bracelet collection, this time crafted in purest Type IIa (Type 2A) diamonds through a creative collaboration with Limelight Lab Grown Diamonds. 

 

Shilpa Shetty unveils Mangalsutra Bracelet with Limelight Diamonds


Speaking about the launch, Shilpa shares, “The mangalsutra has always held deep emotional meaning for me, but I’ve also believed that tradition should evolve with the woman who wears it. The Mangalsutra Bracelet was born from that very thought: a piece that carries sentiment yet fits seamlessly into a modern woman’s everyday style.”


Explaining her decision to re-envision the design, she adds, “I wanted to reinterpret this bracelet in a way that reflects today’s values of conscious luxury, meaningful craftsmanship, and individuality. When I discovered the brilliance and purity of Type IIa (Type 2A) lab-grown diamonds, I knew they were the perfect way to elevate this design. They are of exceptional quality, sustainable, and absolutely stunning.” 


The collection features a series of handcrafted bracelets that reinterpret the timeless mangalsutra through a contemporary lens. Minimal in form, rich in symbolism, and designed for all-day wear. Shilpa further shares, “Every piece in this capsule has been personally curated and designed by me. It’s something I would wear to work, at a celebration, or even while travelling. It’s a reminder that tradition can be intimate, expressive, and beautifully individual.” 


Adding to Shilpa’s sentiment, Pooja Madhavan, Founder of Limelight, says, “This collection is a celebration of how traditions evolve. The Mangalsutra Bracelet that once symbolized rarity now represents choice, individuality and modernity, values that align deeply with Limelight. Co-designing this with Shilpa has allowed us to bring a contemporary icon to today’s woman.” 


The Mangalsutra Bracelet Collection is now available online and across all stores.

Chitkara University Hosts Second Edition of 'Never Ending Story' Storytelling Festival

Chitkara University successfully concluded the second edition of Never Ending Story, a two-day storytelling festival organised by the Chitkara Design School recently. The festival brought together leading industry practitioners, design academicians, filmmakers, musicians, and professional storytellers from across the country, creating a dynamic platform for dialogue, learning, and creative exchange.

 

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Students learn about framing the future of cinema at “Never Ending Story” at Chitkara University


The festival opened with evocative musical performances by renowned artists Bindhu Malini and Lalon, whose compositions drew from Sufi, Bhakti, and experimental traditions, setting an immersive tone for the event. A keynote Design Dialogue, featured an eminent panel comprising Azmina Poddar, Dr. Sherline Pimenta, Pushpendra Nath Misra, Nina Sabnani, and Ramneek Majithia. The discussion explored the future of design education, the impact of technology on creative practices, and the evolving responsibilities of design institutions.


Speaking on the occasion, Dr. Madhu Chitkara, Pro Chancellor, Chitkara University said, “Storytelling lies at the heart of design, culture, and human connection. Platforms such as Never Ending Story empower students to think critically, create fearlessly, and engage meaningfully with the world around them. At Chitkara University, we remain committed to nurturing creative ecosystems that combine academic rigor with real-world relevance.”


Across both days, students engaged in specialised workshops on AI and design, storytelling methodologies, sound design, humour in communication, improvisational music, narrative gaming, bookbinding, illustration, and play-based storytelling. The festival also showcased a student short film program featuring entries from design institutions across India, culminating in a screening of Jai Mata Ji – Let’s Rock by National Award-winning filmmaker Manish Saini, followed by an insightful panel discussion with leading filmmakers and sound designers. The second edition of Never Ending Story ensured Chitkara University’s commitment to experiential learning, interdisciplinary collaboration, and sustained engagement with industry experts, offering students a vibrant space to experiment, reflect, and develop their creative voices in dialogue with accomplished practitioners.


About Chitkara University
Chitkara University is a distinguished private institution known for its commitment to fostering academic excellence, research, and innovation across various disciplines. With a focus on creating leaders of tomorrow, the university offers a wide array of undergraduate, postgraduate, and doctoral programs that equip students with the knowledge, skills, and values needed to succeed in an ever-evolving global landscape.


For more information visit : www.chitkara.edu.in.

A Must-Visit Cultural Experience This Season!

If there is one cultural destination in South India that deserves a place on every traveller’s calendar this season, it is the 13th Sargaalaya International Arts & Crafts Festival (SIACF). From December 23, 2025, to January 11, 2026, Sargaalaya Kerala Arts & Crafts Village transforms into a living, breathing celebration of art, heritage, flavour, and community—an experience that is as inspiring as it is unforgettable.

 

13th Sargaalaya International Arts & Crafts Festival (SIACF) begins from December 23, 2025, to January 11, 2026

 

Recognised as South India’s premier crafts festival, SIACF 2025 is expected to welcome over two lakh visitors, making it not just an exhibition, but a cultural phenomenon. Organised by Sargaalaya Kerala Arts & Crafts Village and managed by the legendary Uralungal Labour Contract Co-operative Society (ULCCS Ltd.), the festival continues to set benchmarks in responsible tourism and cultural excellence.

 

Where the World’s Crafts Come Together

What makes SIACF truly extraordinary is its global soul rooted in Indian tradition. The 2025 edition brings together nearly 200 master artisans from 18+ Indian states, alongside celebrated craft practitioners from Belarus, Egypt, Iran, Israel, Jordan, Kazakhstan, Nepal, Russia, Sri Lanka, Syria, Tajikistan, Thailand, Uganda, Uzbekistan, and Taiwan.

 

Walking through SIACF feels like travelling across continents—each stall revealing a story, a heritage, and a human touch that no machine can replicate. For anyone who values authenticity, craftsmanship, and cultural depth, this is an experience that simply cannot be missed.

 

An Immersive Festival, Not Just an Exhibition

SIACF 2025 is thoughtfully curated to offer far more than shopping. Visitors are invited to explore beautifully designed Handloom and Craft Theme Arenas, with special emphasis on Geographical Indication (GI)–tagged products, making it a rare opportunity to witness India’s protected craft legacies under one roof.

 

With over 100 exhibition and trade stalls, including works by National and State Award–winning artisans, the festival offers an unparalleled chance to engage directly with creators and take home pieces of living heritage.

 

Adding depth to the experience are the Tourism Expo and Tourism Talk Shows, where ideas, innovation, and the future of creative tourism come together—making SIACF equally compelling for professionals, students, and cultural thinkers.

 

Fashion, Flowers, Food & Festivity

From elegance on the ramp to colour in full bloom, SIACF 2025 celebrates lifestyle in its most artistic form. Handloom Fashion Shows and Children’s Fashion Shows bring textiles to life, while the Flower Show adds a visual spectacle that delights all ages.

 

No visit to SIACF is complete without indulging in the much-loved Kerala Food Festival—a culinary journey through authentic local delicacies, enriched with regional flavours from states like Rajasthan. Daily live cultural performances by renowned artists ensure that every evening at Sargaalaya feels festive, soulful, and memorable.

 

For those who enjoy leisure amidst nature, pedal and motor boating along the serene Moorad River offers a refreshing pause—making the festival a perfect blend of culture, relaxation, and adventure.

 

A Festival That Makes a Difference

Beyond its beauty and scale, SIACF stands out for its purpose. As a flagship rural tourism initiative, the festival plays a crucial role in empowering artisans, sustaining endangered crafts, and contributing meaningfully to the local economy.

 

This vision is strengthened by the support of the Department of Tourism, Government of Kerala, NABARD, the Ministry of Textiles (through the Development Commissioners of Handicrafts and Handlooms), and the Indian Institute of Handloom Technology, Kannur—ensuring that every visit directly supports livelihoods and cultural continuity.

 

The Perfect Family & Travel Recommendation

Whether you are a culture enthusiast, a conscious shopper, a family looking for a meaningful holiday outing, or a traveller seeking authentic Kerala experiences, SIACF 2025 is an unmissable recommendation. It is rare to find a destination that seamlessly brings together craft, cuisine, learning, entertainment, and nature—yet Sargaalaya does so effortlessly.

 

“Sargaalaya is not just a craft village; it is a celebration of human creativity and shared heritage,” says Team Sargaalaya. “Every visit helps preserve living traditions while empowering rural communities through responsible tourism.”

 

About Sargaalaya Kerala Arts & Crafts Village

Set across 20 acres in Iringal, Kozhikode, Sargaalaya Kerala Arts & Crafts Village is a flagship initiative of the Department of Tourism, Government of Kerala, established in 2011. Developed on a Responsible Tourism model, it provides a permanent creative home for over 100 master artisans and features 27+ eco-friendly cottages, live craft demonstrations, and cultural spaces.

 

Recipient of the National Tourism Award for Best Rural Tourism Project, Sargaalaya is widely regarded as one of Kerala’s most enriching cultural destinations.

 

Sargaalaya Arts and Crafts Village: Towards a Global Cultural and Experiential Destination

Sargaalaya Kerala Arts and Crafts Village at Iringal, near Vatakara in Kozhikode district, is envisioned to be developed as a globally benchmarked cultural, experiential, and interpretative destination for Malabar. The proposed development reimagines Sargaalaya not merely as a craft village, but as an integrated cultural institution that interprets regional heritage, nurtures creativity, produces knowledge, and anchors a wider tourism ecosystem across North Kerala. The focus is on creating a living cultural landscape where heritage, contemporary practice, tourism, and community livelihoods intersect.

 

The development places strong emphasis on immersive visitor engagement through interactive craft zones, daily demonstrations, curated workshops, and guided interpretation. Craft spaces will be reconfigured to allow larger visitor participation, supported by a central craft emporium and dedicated workshops that enable skill development, innovation, residencies, and fair market access for artisans. These interventions ensure that crafts remain dynamic, living practices rather than static displays.

 

At the heart of the project is the Cultural Experience and Interpretation Centre, conceived as the primary narrative anchor for Malabar. Through curated exhibitions, multimedia installations, immersive digital environments, and interactive archives, the centre will present Malabar’s maritime history, social reform movements, resistance traditions, ecological knowledge, and cultural pluralism, offering visitors a coherent entry point into the region’s layered cultural landscapes.

 

A series of thematic developments will structure the expanded Sargaalaya ecosystem. The Literature City will position Malabar as a living literary landscape through writers’ retreats, multilingual libraries, translation and publishing labs, literary residencies, and immersive experiences linking literature with place, memory, and social history. The Kalari Village, rooted in the martial traditions of Kadathanad, will integrate training, performance, research, wellness, and interpretation through traditional arenas, therapy centres, and an interactive martial arts museum.

 

The project places strong emphasis on the documentation and preservation of performing arts, supported by digital archives, performance-capture studios, and immersive experience centres for art forms such as Theyyam, Kathakali, Kalaripayattu, and Mappila songs. A Living Heritage Programme will support artists through apprenticeships, fellowships, residencies, and contemporary collaborations, ensuring continuity alongside creative evolution.

 

Sargaalaya is envisioned as a year-round cultural destination with robust performance infrastructure, including open-air amphitheatres, indoor auditoriums, flexible venues, and artist residency facilities. Regular performances, curated weekend programmes, and four large-scale annual cultural productions will ensure sustained activation. A flagship attraction, Malabar Symphony, is proposed as a large-scale light-and-sound hybrid immersive storytelling experience narrating Malabar’s maritime history, resistance movements, ecological consciousness, and cultural evolution. Conceived as a thirty-five-minute production staged twice daily, Malabar Symphony is proposed to be developed in collaboration with leading national and international artists, with concept and direction by Revathy, screenplay and narrative by Shankar Ramakrishnan, music composition by A.R. Rahman, sound design by Resul Pookkutty, technical direction by Alphons, theatre direction by Royston Abel, animation and visual effects by Aravind, and voice performances by distinguished artists including Mammootty, Manju Warrier, Parvathy Thiruvothu, Anoop Menon, Sayonara Philip, and Prithviraj Sukumaran.

 

A dedicated Children’s Cultural and Experiential Zone will offer play-based learning rooted in Malabar’s cultural narratives and ecological contexts, integrating creative activity spaces, nature-linked exploration, and water-based learning experiences. Complementing this are structured workshops and creative learning programmes across crafts, music, theatre, movement, painting, and visual arts, catering to students, artists, tourists, and cultural professionals.

 

The development adopts a hub-and-spoke tourism model, positioning Sargaalaya as the central orientation and interpretation hub for integrated cultural, riverine, coastal, literary, martial, and culinary circuits across Malabar. River-based journeys and water experiences will function as experiential corridors, foregrounding ecology, heritage, and local livelihoods.

 

The ecosystem further includes curated food tourism and culinary experiences, including festivals and a floating restaurant rooted in Malabar cuisine; a handloom, design, and retail zone supporting innovation and contemporary applications of traditional textiles; a vibrant flea market strengthening the informal cultural economy; and facilities for social, cultural, and community events, conferences, exhibitions, destination weddings, and themed cultural ceremonies.

 

To enable deeper immersion, the project proposes on-site accommodation and stay facilities designed in harmony with the landscape and local architectural traditions, supporting multi-day cultural tourism, artist residencies, research stays, and family travel. Through this integrated approach, the upcoming phase of Sargaalaya positions culture as core infrastructure for development, envisioning a globally relevant model for experiential, responsible, and knowledge-driven cultural tourism that interprets Malabar for contemporary and international audiences.

 

Website: www.sargaalaya.in
Instagram: Sargaalaya – Kerala Arts & Crafts Village Iringal

 

About ULCCS Ltd.

Founded in 1925 by social reformer Vagbhatananda Guru, the Uralungal Labour Contract Co-operative Society Ltd. (ULCCS) is among India’s most respected worker cooperatives. With 18,000+ employees, 7,500+ completed projects, and global recognition—including a World No. 2 ranking in the Industry & Utilities sector by the World Cooperative Monitor for 3 years—ULCCS stands as a UN-recognised model for ethical, inclusive, and quality-driven development.

 

If you are looking for one unforgettable cultural recommendation this season, SIACF 2025 at Sargaalaya is it.

Srishti Manipal Institute Students Reimagine Tomorrow: Four-Day Exhibition Charts New Worlds Through Art And Design

Srishti Manipal Institute of Art, Design and Technology (SMI) successfully concluded three vibrant exhibitions from 18 December through 21st, which brought together emerging artists and designers to reimagine the future through creative practice. The exhibition unfolded across two venues from December 18-21, 2025, drawing visitors into immersive experiences that bridged disciplines, challenged conventions, and charted new territories in art, design, and technology.

 

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SMI’s transdisciplinary exhibition showcases immersive visions reimagining art of future


Practices of Attunement: A Transdisciplinary Chorus
The exhibition opened at the Bangalore International Centre on December 18-19 with “Practices of Attunement,” a compelling showcase of postgraduate works that explored transdisciplinary as a mode of research and making. The opening highlighted three distinct clusters that emerged as a chorus of voices engaging with themes of community, climate action, histories, urban systems, and contemporary narratives.


Approximately 70-80 postgraduate students from the MDes and MA programs presented works that layered design, art, and technology in ways that speak to our contemporary moment.


Dr. Priya Joseph, Professor, SMI on the success of the event, said, “The exhibition of Post graduate work is called ‘Practices of Attunement’. The opening of the exhibition by the curators, our faculty at SMI, Jatin Gulati and Karthika Sakthivel highlighted the three clusters that emerged as chorus of voices. At SMI it is unique that MDes and MA courses bring design, art, technology and as layers that the students explore through these exhibits, making relevant arguments for a contemporary world with commune, climate action, histories, cities and more.”


Prologue: Make New Worlds – A Celebration of Possibility
The exhibition continued at the historic Venkatappa Art Gallery on December 20-21 with “Prologue: Make New Worlds,” a public showcase of visions from final-year undergraduate students across all 11 courses at SMI’s Undergraduate Professional Program (UGPP). The gallery came alive with short films, animations, products, publications, digital platforms, and systems that plant seeds for newer worlds across healthcare, education, sustainability, urban development, and diverse creative contexts.


Over 300 students of 7th semester represented a pivotal moment in the four-year UGPP journey. After three years of studios, workshops, and short-term ateliers, learners immerse themselves for a full semester in the context of their choice, pushing and pulling between tools, methods, media, and applications before their final semester.


Creativity has grown beyond beautification and aesthetics, it is found in systems, processes and services present in all aspects of our everyday life, neighbourhoods, cities and economies,” says Dr. Arindam Das, Director SMI. “Art and Design is no longer peripheral, but they are at the centre of the new worlds that we are making.”


For us, education is not just about preparing for a career, it is about nurturing the ability to shape the future,” says Ramesh Kalkur, Associate director (Academics), SMI. “The future, therefore, is not something to arrive at. It is something we create a future that builds new opportunities, strengthens communities, and fosters deeper connections with the world.”


Throughout all four days of the exhibition, visitors engaged directly with student artists and designers, experiencing firsthand the depth of inquiry and experimentation that defines SMI’s educational philosophy. The works presented were testaments to diversity, authenticity, and an inquiry that begins within and moves outward.

AP Moller Capital to Invest up to INR 1,350 Crores in Renewable Energy Platform Developed by Rays Power Infra

Rays Power Infra Limited is delighted to announce that A.P. Moller Capital – Emerging Markets Infrastructure Fund II (“EMIF II Holding”) will invest up to INR 1,350 Crores in Renewable Energy projects being developed by the company though project specific SPVs. This commitment will catalyse minimum INR 5,200 Crores in total project capital expenditure which will provide greater scale to our operations, establish long-term revenue visibility and open multiple opportunities for future collaborations.

 

This investment marks A.P. Moller Capital Funds’ first investment in India, highlighting the country’s growing importance as a global hub for renewable energy capital and confidence in its long-term economic fundamentals.

 

A.P. Moller Capital, drawing on over 120 years of A.P. Moller Group’s industrial heritage and a culture of hands-on value creation, has a strong track record of investing in and scaling renewable energy businesses across Southeast Asia and Africa, including solar, wind and hybrid-power businesses, grid solutions and energy-efficiency assets. Across its funds, A.P. Moller Capital has supported the development of more than 2 GW of renewable and transition-related capacity to date. The broader A.P. Moller Group has been active in India for more than 30 years through its logistics and services businesses, providing a strong foundation of commercial, operational and stakeholder relationships in the country.

 

Ketan Mehta, MD & CEO, Rays Power Infra

 

Ketan Mehta, MD & CEO, Rays Power Infra, commented: This partnership with A.P. Moller Capital marks a milestone for Rays Power Infra and reinforces our long-term vision of creating renewable energy infrastructure at scale. Their investment not only validates the strength of our development platform but also accelerates our ability to deliver sustainable, utility-scale solar assets across India

 

Semih Gökmen, Partner at A.P. Moller Capital, said: “This partnership allows us to deploy long-term capital into a high-quality pipeline in one of the world’s fastest-growing renewable markets. Our operational mindset positions us well to deliver utility-scale renewable capacity responsibly and efficiently. We are pleased to work with Rays Power Infra, whose development strengths complement our investment approach.

 

Kim Fejfer, Managing Partner and CEO, A.P. Moller Capital, added: “We are delighted to take this first meaningful step into India’s renewable energy market. India’s energy transition presents one of the most compelling long-term infrastructure opportunities globally, and we see strong policy support and market fundamentals driving unprecedented growth. Building on the A.P. Moller Group’s decades of engagement in India and A.P. Moller Capital’s experience in developing and scaling critical infrastructure businesses, we are well positioned to execute at scale in support of India’s rapidly maturing renewable energy market.”

 

About Rays Power Infra Limited

Rays Power Infra is engaged in the business of providing utility scale end-to-end renewable energy solutions with a focus on solar energy solutions. We specialize in the development of ‘ready-to-build’ infrastructure for renewable power projects under our Co-Development Business model and providing engineering, construction and procurement (“EPC”) services for renewable power projects. We are among the leading players in the Indian solar industry with a demonstrated track record, along with being one of the pioneers of the Co-Development Business model in India.

 

The company currently has a diversified renewable energy portfolio of approximately 11,665 MWp, comprising solar, wind, and hybrid projects designed to cater to round-the-clock renewable energy demand. As of July 31, 2025, Rays Power Infra has commissioned ~1,771 MWp of projects across 13 Indian states and two international locations. Additionally, 4029 MWp is  Contracted, 3,565 MWp is under development & 2300 MWp is in advance stages.

 

Under the Co-Development model, Rays Power Infra manages the complete lifecycle of project development, including land aggregation, STU and ISTS grid connectivity, and all key regulatory and commercial approvals, with projects packaged within Special Purpose Vehicles (SPVs) and subsequently transferred to customers. rayspowerinfra.com.

 

About A.P. Moller Capital

A.P. Moller Capital is a global institutional fund manager focused on scaling critical infrastructure needs, particularly in Transport, Logistics and Energy Transition. A.P. Moller Capital invests in and develops businesses that support sustainable economic growth and prosperity in its markets of operations, while striving to deliver consistent and attractive investment returns to our investors. A.P. Moller Capital, part of A.P. Moller Group, is authorised by the Danish Financial Supervisory Authority. www.apmollercapital.com

Zuno SmartDrive Clocks Over 1 Crore kms, 1.5 Lac Trips as Young India Embraces Usage-Based Car Insurance

Zuno General Insurance, a new-age digital insurer committed to making insurance easy, friendly and transparent, today shared increasing early traction for Zuno SmartDrive, its app-led usage-based car insurance (UBI) launched in March 2025. In less than nine months, Zuno SmartDrive users have logged over 1 crore kms, signalling a clear shift towards behaviour-driven, personalised insurance among India’s new generation of drivers.

 

Zuno Smart Drive

 

To share the benefit of UBI with a larger audience, Zuno has launched its flagship initiative of Zuno Driving Quotient (ZDQ) Challenge to non Zuno users too. In this 5-day free trial, customers can simply download the Zuno app, complete a five-day driving assessment and receive a personalised driving score at no cost. This score unlocks additional discounts on car insurance and gift vouchers, making Zuno the first insurer in the country to offer a large-scale, app-based, pre-purchase driving test that delivers real, measurable financial benefits to customers.

 

The feature marks a major step in usage-based insurance adoption, as young India increasingly embraces behaviour-driven, personalised motor insurance.

 

Launched in March 2025, Zuno SmartDrive has already captured over 1.5 lac trips from digital-first drivers across the country, with an average score of 92%. Early participation has been dominated by users aged 28–40, signalling strong traction among India’s most mobile, tech-savvy consumers.

 

Zuno’s telematics driven model also shows that behaviour, not geography or type of car, is the most reliable predictor of risk. Across regions, two driving patterns consistently bring scores down are frequent hard braking and rapid acceleration. These behavioural markers have emerged as the strongest indicators of trip quality and future risk, regardless of where a driver lives or drives.

 

Among the most striking findings:

  • Major metros like Mumbai, Delhi, Bengaluru, Chennai and Kolkata, showed an average driving score of 91%. This might be due to congestion, peak-hour density and erratic traffic flow.

  • Jammu & Kashmir, Punjab and Tamil Nadu emerge as India’s safest driving states, with consistently low rates of harsh braking and rapid acceleration and each maintaining average driving scores above 92%.

  • Speeding was more prevalent in Pune and Kolkata, while harsh braking was frequently observed in Guntur and Vizianagaram.

 

These findings reveal how real-world driving environments shape behaviour across regions.

 

Shanai Ghosh, MD & CEO, Zuno General Insurance said, “With SmartDrive, we want to build a fair, transparent and personalised insurance experience that truly reflects how young India drives. The early numbers show that young India is driving safer, smarter and more mindfully, and they’re getting rewarded for it. Our focus is to keep building a simpler, more intuitive and rewarding ecosystem where good drivers finally receive the benefits they truly deserve, making roads in India safer.”

 

India’s road safety crisis shows little sign of easing. Provisional data for 2024 released by the Ministry of Road Transport & Highways (MoRTH) indicates that the country recorded over 4.7 lakh road accidents and more than 1.7 lakh fatalities during the year, underscoring the continued risk on Indian roads. Some states are yet to share the data post which the final data will be released by MoRTH. Despite incremental improvements in select states, unsafe driving behaviour, over speeding and low compliance with helmets and seat belts remain dominant contributors to fatal accidents.

 

The challenge is consistent with final MoRTH data for 2023, which reported 4.81 lakh road accidents, 1.73 lakh deaths and over 4.6 lakh injuries nationwide; that works out to roughly 20 deaths and 55 accidents every hour. Together, the data highlights an urgent need to shift focus from reactive protection to prevention-led, technology-driven road safety solutions.

 

At Zuno we have adopted this mission to encourage India to drive safer. Zuno’s Smart Drive App provides customers with real time feedback on their driving quality and nudges for safer driving behaviour.

 

Zuno’s telematics insights also highlight notable exposure trends:

  • Drivers with top-tier scores between 96 and 100 show a striking 40% lower claims risk, underscoring how consistent, disciplined behaviour behind the wheel directly translates into fewer incidents.

  • The data also dispels some common assumptions. Gender has almost no impact on driving safety. Women recorded an average score of 92.83%, only marginally higher than men at 92.81%, indicating that both groups demonstrate virtually the same risk profile on the road.

  • When drivers take their trips matters as well. High-scoring behaviour (80–100) is most common during weekday, daytime driving, reinforcing the well-known risks associated with night-time travel. Structured, predictable daytime journeys tend to support steadier driving patterns and safer outcomes.

  • Across regions and vehicle types, two behaviours emerge as the strongest predictors of lower scores and higher risk:

  • Frequent harsh braking, and High, rapid acceleration.

  • Regardless of where a person drives, these two actions consistently signal a risky trip.

  • Seasonal behaviour also tells an important story. Even with changing conditions, rain does not turn safe drivers into risky ones. Those with high scores (80–100) maintain similarly strong performance across both summer and monsoon seasons, showing that core driving habits remain stable despite weather shifts.

 

Zuno SmartDrive car insurance also includes India’s first real-time crash detection feature. It uses advanced mobile telematics to automatically sense an accident and trigger an alert to Zuno’s support team. Once triggered, the team coordinates emergency support, roadside assistance and priority claims handling, ensuring that help reaches the customer without requiring them to make a call.

 

About Zuno General Insurance

Zuno General Insurance, formerly known as Edelweiss General Insurance, is a new-age digital insurer with an aspiration to reimagine Insurance to make it easy, friendly, and transparent. Amidst all the jargon and seriousness, Zuno is the friendly voice speaking in a language you understand, and listening to what you have to say, stepping in at the right time, so that you don’t have to worry when things don’t go as planned. Zuno is the friend you can always turn to for help, with the confidence that we will have your back at all times.

 

At Zuno GI, the focus is on building trust through digital solutions that are intuitive and responsive, using consumer insights and data analytics to drive innovation and experience. Our consumer insight driven strategy focused on customers’ experience; innovative solutions and an intuitive digital platform differentiate us in a competitive market.

 

Zuno GI started operations in 2018. We have over 8 million customers and a growing omnichannel distribution on digital rails. The company has presence across key digital marketing places and partnerships with Maruti, Tata Motors, Mahindra, Skoda, Volkswagen, Jeep, Royal Enfield, PolicyBazaar, Turtlemint, PhonePe, Insurance Dekho, Fedbank Financial Services, Dvara KGFS, Repco Home Finance, Renewbuy, Bajaj Capital, Anand Rathi Global Finance, Avanse Financial Services, Spinny, Nido Home Finance, ECL finance, Mehsana Urban Co-Operative Bank, PolicyBoss, Jio insurance brokers, Coverfox, ORIX leasing & financial Services India Ltd, SMAS auto leasing India Pvt Ltd.s

 

For more information, visit www.hizuno.com.

Being Human Clothing Announces Sale So Big, It's Readyyy: 50% Off for Salman Khan's Birthday

Being Human Clothing, the fashion and lifestyle brand founded by Salman Khan, is celebrating the actor’s birthday in true Salman style, with energy, warmth, and a whole lot of fun. This year, the brand is marking the occasion with a special Birthday Sale, paired with a lively campaign that brings together fashion, surprise, and celebration.
 

Being Human Clothing Celebrates Salman Khan’s Birthday with FLAT 50% OFF
 

Leading the celebrations is Being Human Clothing’s playful new campaign, “Cake Fake B’day For Real,” which looks at birthdays a little differently. Instead of predictable celebrations, the campaign adds an element of surprise, keeping things light, joyful, and true to Salman Khan’s larger-than-life personality.
 

A key highlight of the celebration sees Sunil Grover stepping in to enact Salman Khan, delivering a moment filled with humour and familiarity that fans instantly relate to. The playful act is followed by Salman Khan himself, bringing the campaign thought to life and tying it directly to the birthday offer in a way that feels effortless and fun.
 

“This year’s “Cake Fake, B’Day for Real” campaign is our playful nod to the joy and energy that Salman Mamu brings into people’s lives. By taking the celebrations live with a 50% exclusive birthday sale in stores and online, we wanted to create a digital moment that fans everywhere can be part of—no matter where they are. It’s our way of saying thank you to everyone who continues to support the Being Human Clothing family and Salman Mamu,” says Ayaan Agnihotri, Executive Director at Four Aces Fashion House, Being Human Clothing.

 

Campaign Linkwww.instagram.com/p/DSg4pjekYWH/?hl=en
 

To make the celebration even more special for fans and shoppers, Being Human Clothing is offering birthday-exclusive discounts:

  • A flat 50% off across all Being Human Clothing exclusive brand stores, department stores, and MBOs starting 25th – 27th December, 2025.

  • A minimum 50% off, available exclusively on www.beinghumanclothing.com, as part of the SKB Birthday Celebration starting 24th – 27th December, 2025.

 

The sale covers menswear, womenswear, accessories and everyday essentials, giving customers a chance to refresh their wardrobes with Being Human Clothing’s consciously designed collections, comfortable, contemporary pieces made for everyday life and celebration alike.
 

With Cake Fake B’day For Real, Being Human Clothing turns Salman Khan’s birthday into more than just a sale. It becomes a shared celebration, cheerful, unexpected, and full of heart, reflecting the close connection Salman Khan continues to share with audiences across the country.
 

The Being Human Clothing Birthday Sale and SKB Birthday Celebration will be available for a limited period across offline stores nationwide and exclusively online at Being Human Clothing.
 

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