Hot Fuego, the world’s leading next-level management and consulting company, has onboarded First Choice Fragrance as its newest client. A seventh-generation incense and fragrance brand, First Choice Fragrance is one of India’s most respected names in the agarbatti (incense sticks) industry. This partnership signals a strategic move to amplify the brand’s digital presence and deepen its resonance with modern consumers across India and global markets.

Hot Fuego onboarded First Choice Fragrance as its newest client

Hot Fuego will lead a comprehensive marketing campaign for First Choice Fragrance, spanning digital strategy, e-commerce growth, and brand generation. The engagement will include platform management, online advertising, creative storytelling, and audience-focused campaigns designed to honor the brand’s rich legacy while expanding its future potential.

Abubakar Attar, Managing Director of First Choice Fragrance commented, “Our brand carries the fragrance of tradition, trust, and a cultural legacy nurtured over seven generations. As we step into a more digitally connected world, we need more than just a marketing advisor. We need a partner who could deeply understand our values while unlocking new possibilities. Hot Fuego brought exactly that, a powerful mix of strategic insight, creative excellence, and a genuine respect for our heritage. Today’s consumers are using agarbattis not only for spiritual rituals but as an expression of wellness, mindfulness, and atmosphere. With Hot Fuego by our side, we’re excited to reimagine our brand for this new era where legacy meets innovation and where our story continues to resonate across generations.”

Speaking on the partnership, Jason Averill, Founder of Hot Fuego said, “First Choice Fragrance is not just a brand, it is a symbol of generational trust and cultural continuity. Partnering with a legacy that spans over seven decades is both an honor and a responsibility. At Hot Fuego, we are bringing the full force of our digital strategy, creative thinking, and data-driven insights to help shape a future that respects the past while embracing what’s next. Just as a single flame unlocks the subtle aroma of an incense stick, we are igniting a spark that elevates First Choice Fragrance’s digital presence. This is more than a marketing journey, it’s a legacy brought to life for a new era of modern consumption.“

As the incense market grows and evolves, this partnership helps First Choice Fragrance take a leading role in how the category is seen and experienced today. With Hot Fuego bringing global ideas and a deep understanding of Indian culture, the brand is set to reach more people in more meaningful ways. Together, they plan to transform incense from a mere tradition into a lifestyle choice that resonates with modern consumers in India and around the world.

To learn more about First Choice Fragrance, visit firstchoicefragrance.in/

For more information on Hot Fuego, visit www.hotfuego.com/

About First Choice Fragrances

First Choice Fragrance represents over seven generations of excellence in crafting premium scented products such as incense sticks, dhoop, agarbatties. Named after the vision of our grandfather Abdul Gani Hussain Attar, the brand continues to uphold a tradition of purity, quality, and spiritual resonance. As a newly launched manufacturing unit under the Jahagirdar brand, First Choice Fragrances is committed to delivering scents that uplift spiritual experiences and meet the highest standards of craftsmanship. With a deep-rooted commitment to customer satisfaction, every product reflects our dedication to legacy, integrity, and innovation in the incense industry.

About Hot Fuego

Hot Fuego is a next-level management and consulting company that helps good companies become great and great companies become industry leaders. Combining bold strategy, data-driven execution, and creative storytelling, we’re more than a service provider, we’re your growth partner. With a client-first mindset, the team at Hot Fuego crafts deeply personalized campaigns that not only reach audiences but resonate with them. The company is anchored in five key principles being client-focused, data-driven, transparent, innovative, and agile. Whether it is digital advertising, social media, SEO, market intelligence, or full-scale brand transformation, Hot Fuego delivers results that connect at every click, share, and scroll. At the heart of Hot Fuego lies a relentless pursuit of digital excellence transforming today’s potential into tomorrow’s legacy.

Students from Amity International School, Sector-46, Gurugram, Amity International School, Pushp Vihar, and Amity International School, Noida all part of the Amity Group of Schools – proudly represented India at the prestigious International Space Settlement Design Competition (ISSDC) held at NASA’s Kennedy Space Centre, Florida, USA.

Students from Amity Group of Schools proudly represented India at the International Space Settlement Design Competition, Kennedy Space Centre, USA

The four-day ISSDC is a high-intensity industry simulation where global student teams design futuristic human settlements in space. This year’s challenge involved creating a floating settlement in Venus’s atmosphere for the extraction, refining, and export of metals and atmospheric gases. Each “company” comprised about 64 students from multiple countries, working collaboratively across departments such as Structures, Critical Infrastructure, Human Factors, Mission Systems, and Business Planning.

The Amity delegation joined Flectel Constructors, collaborating with peers from the United Kingdom, China, Mexico, Romania, Italy, and other Indian schools. Over a rigorous 40-hour marathon, the teams conceptualized and designed a detailed settlement proposal, which was presented to a panel of international experts through a 30-minute pitch and Q&A session. Their final design, titled Ariadnav, showcased creativity, technical expertise, and collaboration under high-pressure conditions.

Dr. (Mrs.) Amita Chauhan, Chairperson, Amity Group of Schools, congratulated the students, saying, “This milestone makes us immensely proud, not only for the achievement but for the courage, creativity, and collaborative spirit our students have demonstrated on a global platform. Their work at NASA’s Kennedy Space Centre truly reflects the Amity ethos – nurturing leaders who think beyond boundaries, embrace challenges, and innovate for a better future.”

This participation highlights Amity’s commitment to STEM excellence and inspires the next generation of learners to dream bigger – reaching not just for the stars, but beyond.

While most teenagers scroll through social media, Tanvi Srinivasan is building virtual reality experiences to help people understand Alzheimers disease. Vedant created an AI-powered research assistant for debate competitions. Sachit designed camera equipment that could survive studying the northern lights at MIT. These arent outliers at Oakridge International School – theyre the norm.

Ms Vidya with Researchers at MIT

The Numbers Behind the Narrative
For eight straight years, Oakridges Grade 10 students have outperformed the global IB MYP average. This years score: 45.4 versus the worlds 37.71. An impressive 8 out of 48 students achieved the coveted 40+ points out of 45 in Grade 12. But heres whats interesting – when you ask the high achievers what matters most, they dont talk about grades.

“The IB programme challenged me academically and nurtured my passion for learning,” says Kashvi Srinivasan, who scored 44/45 and chose Duke University over multiple offers.

Principal Kavita Sukhani states, “I am delighted to see the fruition of our promise to take children from where they are to where they aspire to be. These results reflect not just academic capabilities, but growth as caring global citizens.”

How Nord Anglia Nurtures Student Leadership
When Oakridge students traveled to the NAE Student Leadership Summit in Houston, they werent just attending workshops. Riya and Samyuktha presented their social impact projects – Suvriddhi OS and Health Mirror – to peers from around the world.

Students have also been awarded funding from Nord Anglia Educations community investment fund for student-led social impact projects. The grants support SuvriddhiOS ($18,600) and First Aid for All ($995), both focused on UN Sustainable Development Goals.

Oakridge has received Silver Accreditation: Rights and Goals Aware from Nord Anglia Educations prestigious Social Impact Distinction programme. This recognition acknowledges the schools commitment to advancing UN Sustainable Development Goals and promoting childrens rights through meaningful community initiatives.

When MIT Calls
Most schools talk about partnerships with prestigious universities. Oakridge students actually go there. Sachits week at MIT wasnt a campus tour – he collaborated with 65 international students on engineering solutions for extreme weather research. Ms. Vidya, Head of Sciences, joined 55 educators from the Nord Anglia network for intensive faculty development at MIT, bringing cutting-edge research methodologies directly into Bengaluru classrooms.

The result Students who think like researchers, not just test-takers.

Codefest & MUN: Where Problems Meet Solutions
Indias largest overnight high school hackathon happens right here. Codefest 8.0 brought over 100 participants from across the country, competing for ₹1.5 lakhs in prizes. But the real victory was watching teenagers tackle cybersecurity, sustainable agriculture, and fintech innovation – not for grades, but because these problems matter.

Similarly, what began as a school event has now grown into a dynamic platform for international diplomatic engagement between students of SEAMEI region – that is the 10th edition of OAK MUN scheduled to be held in September 2025.

“Our interschool events promote a great community of learners,” observed Aarya, a student leader.

Global Campus
While academic stars grab headlines, Oakridges reach extends further. Global Campus inspires and challenges students to participate in online competitions and interactions with peers from different NAE schools.

This year, Ishan Bansal won the Virtual Young Musician of the Year Competition. Smayan Desai took runner-up in international animation. Primary school students dominated Global Campus chess and debate tournaments. These arent feel-good side stories – theyre evidence of an international school that allows students to compete & collaborate with their peers overseas.

What Actually Happens Here
Forget the typical classroom lecture. After regular hours, learning happens in conversations between two or three students and their expert facilitators. Its intensive, personal, and sometimes uncomfortable – students must present and defend ideas, accept criticism, and listen to perspectives that challenge their own.

LEAP (Learning Enrichment Activities Programme) runs every Wednesday from 2:00 PM to 3:00 PM, offering student-initiated clubs in Secondary and teacher-led activities in Primary. The program features diverse clubs like Music, Dance, Rocketry, Theatre, Chess, and STEAM that change each term based on student interests. This initiative encourages creativity, leadership, and skill development beyond the regular curriculum in a supportive after-school environment.

Career counseling starts in Grade 8, not Grade 11. One-to-one mentorship is standard, not special. The result Admissions to Duke, University of Melbourne, University of Warwick, Ashoka and Georgia Tech, with merit scholarships that recognize not just scores, but character.

The Real Measure
As an IB continuum school, Oakridge could easily focus on rankings and university admissions. Instead, theyre asking a different question: What kind of humans are we developing

The answer walks their halls daily – students who see problems as opportunities, who understand that leadership isnt about position but impact, and who believe they can actually change things.

Thats not education. Thats transformation.

For enquiries, write to: mac.blr@oakridge.in.

About Nord Anglia Education
As a leading international schools organisation, were shaping a generation of creative and resilient global citizens who graduate from our schools with everything they need for success, whatever they choose to be or do in life.

Our strong academic foundations combine world-class teaching and curricula with cutting-edge technology and facilities, creating learning experiences like no other. Inside and outside of the classroom, we inspire our students to achieve more than they ever thought possible.

No two children learn the same way, which is why our schools around the world personalise learning to what works best for every student. Inspired by our high-quality teachers, our students achieve outstanding academic results and go on to study at the worlds top universities.

Our Nord Anglia global family includes 80+ day and boarding schools in 35 countries, teaching over 90,000 students from ages 3 to 18.

To learn more or apply for a place for your child at one of our schools, go to www.oakridge.in/bengaluru.

Vision 2050: Ambitions Unveiled
Indias Vision 2050 is a bold roadmap with far-reaching aspirations. At its heart lies an ambition to transform India into a developed nation by mid-century-achieving a per-capita GDP of $16,000 (PPP), fueled by AI-driven innovation, enhanced digital infrastructure, and cutting-edge fintech solutions.

Mitul Mehta, Co-founder of National Finance Olympiad

Redefining Socioeconomic Progress
The Vision places heavy emphasis on education, healthcare, and broad-based financial inclusion. Its success hinges not just on technological advancements but on deep-rooted human capital development.

The Financial Literacy Gap: A National Challenge
Despite progress, India faces a pervasive deficit in financial literacy. As of recent data, only about 27% of Indian adults demonstrate basic financial literacy, trailing the global benchmark of roughly 42%. Disparities amongst demographies are stark-women hover around 21%, and rural residents at 24%, significantly behind their urban and male counterparts. The consequences are palpable: an underwhelming 5% of Indians invest in the stock market, compared to 15-20% globally, while just 18% invest in mutual funds versus 65% globally.

When Low Knowledge Meets High Risk
As fintech and smartphones democratise financial access, the lack of literacy casts a dangerous shadow. The year 2024 alone saw Indians lose over Rs. 22,845 crore-a staggering 206% year-on-year increase-to financial cyber fraud. Over 36 lakh such incidents were reported.

From scams that target trust to outright deception, digital fraud has become both sophisticated and pervasive. In Greater Gurugram, for example, 40% of cyber fraud cases in the first half of 2025 were linked to investment bait schemes, though enhanced awareness and law enforcement have helped significantly reduce losses-from Rs. 155 crore in 2024 to Rs. 80 crore in 2025.

Why Financial Literacy Matters

• Empowerment Through Awareness: Financially literate citizens are better equipped to manage their money, select suitable financial products, and shield themselves from scams.

• Boosting Inclusion & Equity: Literacy enables underserved populations to step into formal finance, cutting reliance on informal credit while enhancing fairness and reducing poverty.

• Economic Multiplier: Broader engagement in savings, banking, and investment deepens liquidity, stimulates capital flows, and strengthens financial intermediation.

• Consumer Stability: Savvier financial behaviour supports sustained consumer demand, diminishes default risks, and enhances macroeconomic resilience.

Educational Reform: NEP 2020 and 2025 Onward
India’s National Education Policy (NEP) 2020, along with its anticipated evolution post-2025, aims to integrate life skills-including financial literacy-into school curricula. This early exposure approach mirrors success stories in countries like Norway and Sweden, where financial clarity among youth lays the groundwork for lifelong fiscal responsibility.

A National Imperative
Financial literacy is not just a personal asset-it’s a pillar of national progress. By embedding financial education into foundational learning and raising public awareness, India can build a financially informed, empowered, and self-reliant citizenry. In turn, this will accelerate economic stability and elevate the nation toward its Vision 2050 goals.

• Open call for photographers across India to capture monsoons impact on life, landscape, and culture

• Winners to receive cash prizes of up to Rs. 50,000 with a curated exhibition at KK Hebbar Gallery in Manipal

Manipal Academy of Higher Education (MAHE), an Institution of Eminence Deemed-to-be University, proudly presents MeghMalhar: A Tribute to Rain & Rhythm, the inaugural National Photography Contest 2025. The contest invites photographers across India to explore the multifaceted impact of monsoons through compelling visual narratives.

MAHE announces National Photography Contest 2025 celebrating monsoons cultural tapestry

This year’s edition features a special category exclusively for MAHE students, “My MAHE, My Campus,” encouraging participants from all five campuses-Manipal, Mangaluru, Bengaluru, Jamshedpur, and Dubai-to capture the spirit, charm, and uniqueness of their university life and surroundings.

Organized in collaboration with the Youth Photographic Society Bengaluru (YPS) and supported by MAHE’s Manipal Institute of Communication (MIC) and Manipal Institute of Social Sciences, Humanities & Arts (MISHA), the contest aims to celebrate India’s rich monsoon heritage while fostering artistic excellence and visual storytelling.

Submissions will be accepted till August 31, 2025, with participants encouraged to portray the essence of monsoons-from dramatic landscapes and cultural celebrations to intimate human stories and the season’s influence on diverse communities. Submit your entries using the following link: mahe.ypsbengaluru.com/index.php

A curated exhibition will be held at the prestigious KK Hebbar Gallery & Art Centre at MISHA Lake campus from September 17, 2025, featuring an official opening and a prize distribution ceremony on September 17. Selected works will also be showcased in digital galleries and may be included in a commemorative catalogue. Winners will receive cash prizes, including:

• First Prize: Rs. 25,000

• Second Prize: Rs. 15,000

• Three Third Prizes: Rs. 10,000 each

• Five Consolation Prizes: Rs. 2,000 each

The shortlist will be announced on September 5, 2025, followed by the final results on September 10, 2025.

The contest is supported by prominent cultural institutions, including the National Gallery of Modern Arts, Karnataka State Lalitha Kala Academy, Photographic Society of India/Karnataka, and Photography Club of Udupi, ensuring high artistic standards and national reach.

Photographers, students, artists, and cultural enthusiasts are invited to participate in this unique celebration of India’s monsoon season. For registration and submission guidelines, visit MAHE’s official website and social media channels.

About Manipal Academy of Higher Education
The Manipal Academy of Higher Education (MAHE) is an Institution of Eminence Deemed-to-be University. MAHE offers over 400 specializations across the Health Sciences (HS), Management, Law, Humanities & Social Sciences (MLHS), and Technology & Science (T&S) streams through its constituent units at campuses in Manipal, Mangalore, Bengaluru, Jamshedpur, and Dubai. With a remarkable track record in academics, state-of-the-art infrastructure, and significant contributions to research, MAHE has earned recognition and acclaim both nationally and internationally. In October 2020, the Ministry of Education, Government of India, awarded MAHE the prestigious Institution of Eminence status. Currently ranked 4th in the National Institutional Ranking Framework (NIRF), MAHE is the preferred choice for students seeking a transformative learning experience and an enriching campus life, as well as for national & multi-national corporates looking for top talent.

Lahaul and Spiti witnessed history being made with the successful conclusion of the State-Level Tribal Festival 2025, held from 14th to 16th August at the Police Ground, Keylong. Organised by the District Administration of Lahaul & Spiti, the three-day event marked Himachal Pradesh’s first-ever eco-friendly and zero-waste festival, setting a new benchmark for cultural, environmental, and community-led celebrations in the state.

Foundation stone unveiled at the Tribal Festival 2025 in Keylong, Lahaul & Spiti

The festival’s opening was graced by Hon’ble Chief Minister of Himachal Pradesh, Shri Sukhvinder Singh Sukhu, who virtually inaugurated and laid the foundation stone of development projects worth Rs. 36 crore for the Lahaul region. The festival drew large crowds from across the valley, including residents from remote villages, tourists, and cultural enthusiasts. The event promoted tribal tourism, fostered community integration, and brought livelihood opportunities through local product sales and homestay participation. Over 790 homestays and 70 hotels in the region supported the influx of attendees.

Addressing the gathering through a digital platform, the Chief Minister stated, “Lahaul is not only a land of unmatched beauty and cultural depth, but also a symbol of how sustainable development and heritage preservation can go hand-in-hand. The eco-friendly Tribal Festival 2025 is a shining example of a forward-looking, environmentally conscious Himachal Pradesh.”

The festival witnessed the presence of several eminent dignitaries, including Shri Rajesh Dharmani, Hon’ble Minister for Urban Development, Housing & Technical Education, who attended as the Chief Guest, and Ms. Anuradha Rana, MLA from Lahaul-Spiti.

The festival was spearheaded by Ms. Kiran Bhadana (IAS), Deputy Commissioner, Lahaul & Spiti and Chairperson of the Tribal Festival Committee, whose pioneering vision transformed the event into a platform for both cultural pride and environmental responsibility. “This festival reflects the soul of Lahaul – its tribal roots, its vibrant culture, and its progressive spirit. Our aim was not just to celebrate, but to do so with mindfulness and inclusivity, ensuring every local, visitor, and stakeholder felt a part of this journey,” said Ms. Bhadana.

The event also drew planning support and participation from Ms. Veena Devi, Zila Parishad Chairperson; Ms. Akanksha Sharma, SDM Keylong; Ms. Kalyani Tiwana, Assistant Commissioner; Ms. Rashmi Sharma, DSP Keylong; along with Panchayati Raj representatives, state leaders, and other distinguished local dignitaries.

What set this festival apart was its eco-conscious execution. With a complete ban on single-use plastic, use of biodegradable utensils, refillable water stations, and waste segregation by Swachhata volunteers, the festival became a model of zero-waste celebrations in the state. The initiative received praise from leaders and participants alike, setting the stage for future green festivals across Himachal.

The celebrations opened with a colourful Shobha Yatra, reflecting the tribal unity and devotion of Lahaul & Spiti. The 79th District-Level Independence Day was also marked during the festival, with patriotic parades by Himachal Police, Home Guards, BRO, and students, alongside heartfelt cultural performances. Evenings turned into vibrant cultural spectacles with performances by renowned artists, including Da Shugs Band from Ladakh, folk singer Faisal Ashoor, Rosy Sharma, and Firdaus Band. Traditional dances like Jabro and Chabskyan enthralled audiences, while pageants such as Mr. & Ms. Lahaul-Spiti, Tribal Queen, Tribal King, and Grihalakshmi celebrated beauty, tradition, and empowerment. Sports were another highlight, ranging from cricket, badminton, and volleyball to traditional contests like matka fod and tug of war, where even Deputy Commissioner Ms. Kiran Bhadana joined participants, underscoring her grassroots leadership.

Ahead of the main event, from August 2 to 13, the District Administration organised a series of community-centric initiatives. Yoga sessions, plantation drives, cleanliness campaigns, poetry and painting competitions, as well as traditional sports and knitting contests, fostered inclusive participation and anticipation throughout the valley.

Over a dozen departments and organisations showcased services and schemes through exhibitions. The Health Department conducted free health check-ups for nearly 200 visitors, while departments like AYUSH highlighted key government schemes and community initiatives. SHGs and Tribes India promoted handicrafts, local produce, and traditional cuisines, boosting rural entrepreneurship and livelihoods.

The Tribal Festival 2025 will be remembered as a landmark event celebrating the heritage, unity, and ecological consciousness of Himachal’s tribal communities. With strong leadership, inclusive participation, and a vision rooted in tradition and sustainability, the festival has reinforced Lahaul & Spiti’s position as a cultural and ecological beacon of Himachal Pradesh

Malabar Gold & Diamonds, the Responsible Jeweller and one of the world’s leading jewellery retailers, proudly unveils Vyana, a striking new collection of gemstone jewellery that celebrates the unique essence of every woman. Inspired by the belief that no two gemstones and no two women are alike, Vyana is a tribute to individuality, inner strength, and self-expression.

Srinidhi Shetty, Brand Ambassador for Malabar Gold & Diamonds, embodies the spirit of Vyana in the ‘Just Like Me’ campaign

Vyana is meticulously crafted in 18kt and 22kt gold, blending diamond-inspired brilliance with a vibrant palette of gemstones. The collection features fluid, lightweight silhouettes that are trendy, bold and effortlessly wearable, perfect for the modern Indian woman who moves with ease between roles, traditions, and trends. Each piece is a reflection of her multifaceted spirit: graceful, powerful, and unapologetically authentic. A tribute to the energy within, Vyana celebrates the woman who honours tradition while shining in her own unique way.

In addition, Malabar Gold & Diamonds showcases a range of traditional jewellery collection featuring exquisite gemstones and uncut diamonds, alongside the elegant Vyana collection at the Gemstone Jewellery Festival. As part of the festival, customers can enjoy up to 25% off on making charges for all gemstone and uncut diamond jewellery. This special offer is valid until September 7th, 2025. Terms and conditions apply.

Commenting on the launch, Mr. M.P. Ahammed, Chairman, Malabar Group, said, “Vyana is more than a jewellery collection. It is an ode to the many shades of a woman’s spirit. Every gemstone in Vyana tells a story of strength, grace, and individuality. Just like the women who wear it, each piece radiates a brilliance that is truly one-of-a-kind.”

The launch is amplified by a compelling campaign titled ‘Just Like Me‘, featuring Srinidhi Shetty, the brand ambassador for Malabar Gold & Diamonds, who brings the spirit of Vyana to life. Known for her poise, versatility, and confidence, Srinidhi embodies the modern Indian woman: calm like aquamarine, graceful like pink topaz, and powerful like emerald; seamlessly mirroring the distinct characteristics represented by each gemstone in the collection.

With Vyana, Malabar Gold & Diamonds reaffirms its commitment to creating jewellery that blends global aesthetics with Indian soul, empowering women to embrace their true selves with elegance and confidence.

With a global presence spanning over 400 showrooms across 13 countries, including India, the Middle East, Far East, USA, UK, Canada, and Australia, Malabar Gold & Diamonds stands as one of the world’s most trusted names in jewellery. Renowned for its diverse collections, uncompromising quality, and customer-first philosophy, the brand has earned the loyalty of over 15 million customers worldwide. Supported by a dedicated team of 25,000 multilingual professionals across 26 countries, Malabar continues to raise the bar in global jewellery retail.

Renowned for its unwavering commitment to customer satisfaction, Malabar upholds its signature Malabar Promises-a suite of customer-first benefits including transparent pricing with detailed cost breakdowns, lifetime free maintenance across all global showrooms, and 100% exchange value for old gold and diamonds. Every Malabar creation is 100% HUID-compliant, ensuring authenticity and full transparency. Diamonds are certified and subjected to a rigorous 28-point quality inspection, and each purchase is safeguarded by a complimentary one-year insurance plan.

As a responsible jeweller, Malabar is committed to ethical sourcing, using only gold and diamonds procured through verified, authorised channels. The brand’s integrity is reinforced by international certifications and stringent quality control, guaranteeing craftsmanship that’s as conscientious as it is exquisite.

Beyond jewellery, Malabar Gold & Diamonds is deeply invested in community impact, allocating 5% of its profits to CSR initiatives focused on education, healthcare, housing, women’s empowerment, environmental sustainability, and hunger eradication.

About Malabar Gold & Diamonds

Malabar Gold & Diamonds was established in 1993 and is the flagship company of Malabar Group, a leading diversified Indian business conglomerate. With an annual turnover of $6.2 billion, the company is currently the 5th largest jewellery retailer globally and the 19th ranked brand in Deloitte’s Luxury Goods World Ranking. They have a strong retail network of over 400 showrooms spread across 13 countries in addition to multiple offices, design centres, wholesale units, and factories spread across India, the Middle East, the Far East, the USA, the UK, Canada & Australia. Malabar Gold & Diamonds also features an online showroom www.malabargoldanddiamonds.com providing customers with the opportunity to purchase their favourite jewellery at any time and on any day from the comfort of their homes.

ESG (Environmental, Social & Governance) and CSR have been the primary commitments of the group since its inception. The key focus areas of the Malabar Group are Health, Housing, Hunger Free World, Education, Environment and Women empowerment, integrating the principles of responsibility and sustainability into its core business.

In the early 2020s, Gurugram was already booming. Glass towers rose from what was once farmland, and swanky cafes lined the Golf Course Extension Road. But while most eyes stayed fixed on central sectors, a quieter revolution was taking shape in three unassuming corners of the city-Sector 89, Sector 78, and Sector 5, Sohna.

Today, they are not just sectors on a map. They are the beating heart of Gurugram’s next real estate chapter.

Gurugram Rising – Where Modern Living Meets Urban Growth

Sector 89: Where Luxury Finds Its New Home
Located in New Gurugram, Sector 89 is now one of the most talked-about destinations among luxury homebuyers. With its position along the Dwarka Expressway and proximity to the upcoming Global City project, the sector offers a unique blend of location advantage, infrastructure upgrades, and lifestyle elevation.

Luxury housing prices in New Gurugram have witnessed a 53% year-on-year increase, making it one of the fastest-growing luxury markets in NCR. Plot values across Gurugram have also surged by nearly 26% in the last year alone.

“Sector 89 represents the new face of aspirational living in Gurugram. It’s where design, comfort and connectivity converge to offer a premium residential experience,” said Vikas Garg, Joint Managing Director, Ganga Realty.

Sector 78: Where Plots Turn into Possibilities
A short drive from Sector 89, Sector 78 has quietly gained momentum as a plotted development hotspot. Its appeal lies in offering privacy, planning, and long-term capital appreciation-ideal for homeowners who value independence and want to design their homes their way.

Sector 78 is well-connected via NH-48 and the Southern Peripheral Road and surrounded by green belts, ensuring a peaceful yet accessible living environment.

“With plotted developments in Sector 78, people are not just buying land-they are buying a lifestyle of flexibility and freedom. It’s a segment with rising demand and strong investment value,” said Neeraj K Mishra, Executive Director, Ganga Realty.

Sector 5, Sohna: A Commercial Comeback Story
Sector 5, Sohna is rapidly transforming into a premium commercial hub on Gurugram’s southern growth corridor. Strategically located along the Sohna Elevated Road, it is emerging as a destination of choice for retail outlets, office spaces, and high-street businesses.

Delhi-NCR’s commercial leasing grew by 15% year-on-year in Q1 2025, with Gurugram emerging as a key contributor to this growth. Rental yields for commercial properties in prime areas of Gurugram typically range between 6% and 9%. In Sohna, improved connectivity through the Sohna Elevated Road and inclusion in the Gurugram Master Plan have enhanced its appeal, with residential rental yields ranging from 4% to 6%. With its growing residential catchment and evolving infrastructure, Sector 5, Sohna is emerging as a promising destination for investors and business owners alike.

Infrastructure Push Driving Growth
Several infrastructure projects are catalyzing growth across these three sectors. A key link road between Sectors 88 and 89, which had been delayed for nearly a decade, is finally under construction. The proposed metro expansion connecting Millennium City Centre to Cyber City will pass through this corridor, and new water supply boosting stations are being built to support future residential density.

In 2024 alone, Gurugram recorded a 66% jump in luxury housing sales, amounting to INR 1.07 lakh crore in transaction volume-further validating the surge of demand in emerging sectors like 89 and 78.

The Big Picture
From luxury residences in Sector 89, to customizable plotted homes in Sector 78, and commercial vibrancy in Sector 5, Sohna-this trio is reshaping Gurugram’s real estate narrative. The synergy of location, infrastructure, demand, and return on investment makes these sectors not just viable-but visionary.

As the city grows, these three pockets are no longer on the outskirts of attention. They are the center of what’s next.

The Indian Venture and Alternate Capital Association (IVCA), India’s apex industry body for alternative assets, is set to host the IVCA Secondaries Conference 2025 in Mumbai on 21st August 2025. With Blume Ventures, Foundation Private Equity, Madison India Capital, Morgan, Lewis & Bockius, PwC, TPG NewQuest, and YourNest Venture Capital as partners, the conference will bring together leading limited partners (LPs), general partners (GPs), family offices, and policymakers to deliberate on the future of India’s secondaries market.

IVCA Secondaries Conference 2025 to Spotlight Liquidity, Continuity, and Growth in India’s Private Markets

The conference comes at a time when AIF commitments have reached approx Rs. 13.5 lakh crore as of March 2025, and a growing number of funds are approaching mid-to-late-stage of their fundcycle. As per UBS, globally, the secondary market reached $156 billion in transaction volume in 2024, a 35% increase over 2023 and 14% higher than the previous record of $136 billion in 2021. GP-led transactions totalled $70 billion-a 31% YoY increase-dominated by continuation funds, which accounted for over 85% of GP-led volumes.

Rajat Tandon, President, IVCA, said, “India’s alternate capital industry is entering a new phase of maturity, and the secondary market is at an inflection point. We expect it to play a transformational role by unlocking liquidity, optimising capital, and providing continuity through secondary transactions, whether LP-led or GP-led (including continuation funds). India has an opportunity to become one of the fastest-growing secondary markets in Asia, strengthening investor confidence and accelerating how our ecosystem evolves.”

Bringing a unique blend of domestic and international perspectives, the IVCA Secondaries Conference featured a line-up of leading voices from the investment space, such as Ashish Fafadia (Blume Ventures), Cheng Chee Mun (57 Stars), Divya Thakur (Morgan, Lewis & Bockius), Dominic Goh (HarbourVest), Jason Sambanju (Foundation Private Equity), Koon Kiat Poh (Axiom Asia), Kunal Shah (PW & Co LLP), Mamtesh Sugla (TPG NewQuest), Norbert Fernandes (Kenro Capital), Peter Lui (LGT Capital Partners), Rohit Agarwal (Aksia), Rohit Bhayana (Oister Global), Satish Mugulavalli (Hissa Fund), Shivani Bhasin Sachdeva (India Alternatives), Sunil Goyal (YourNest Venture Capital), Surya Chadha (Madison India Capital), Samip Barlota (Price Waterhouse & Co LLP), Swaroop Gudla (Headlands Capital), Ted Craig (Morgan, Lewis & Bockius), William Lo (Hamilton Lane) among many others.

Ashish Fafadia, Partner, Blume Ventures, said, “Secondaries have become a very important source of DPI generation for the alternatives industry as a whole, not only in India, but also globally. Of late, it has also been emerging as a very useful asset class within AIFs and alternatives as a category for Indian family offices, institutional investors, and ultra-HNIs alike. We have had the chance to raise secondaries and continuity funds for Blume over the last five years, and we look forward to sharing some of these experiences.”

Jason Sambanju, Partner, CEO & Founder, Foundation Private Equity, said, “Secondaries in India has come of age. I cannot recall another point in time over the last 18 years when the quality of deal flow-in terms of both fund managers and underlying portfolios-has been as consistent and as good as now. As an Asian GP-led secondaries specialist, India remains a core market for us, and we look forward to continuing to work with IVCA to further develop this market.”

“India’s direct secondaries market has evolved from a niche solution into a meaningful driver of value creation. This growth is expanding liquidity, drawing greater institutional participation, and strengthening the foundations of India’s private equity ecosystem. We are proud to play a role in this transformation as a trusted liquidity partner to the country’s private equity and venture capital community. Over the past decade, we have delivered liquidity to more than 500 shareholders and provided exits to over 25 leading institutional investors-many of whom have returned to us for repeat solutions. These milestones underscore the rising demand for direct secondaries and point to a future where GPs have greater flexibility to optimize portfolios, recycle capital, and pursue strategic realignments,” said a spokesperson for Madison India Capital.

“Secondaries, including continuation funds, are playing an instrumental role in unlocking capital and providing liquidity to investors with the flexibility for fund managers to continue to play a strategic role in unlocking the true potential of a portfolio and achieving growth from a long term perspective. For India’s growing private equity sector, this means more flexibility, deepening of the market, driving sustainable growth, value realisation in the long term, etc. which is evolving the investment landscape in India,” said Kunal Shah, Partner, Price Waterhouse & Co LLP.

Mamtesh Sugla, Managing Director, TPG NewQuest, said, “The secondaries market has rapidly evolved into a core portfolio management tool that allows GPs to structure liquidity while also offering the flexibility of compounding trophy assets. At TPG NewQuest, we continue to deepen our commitment to this space through marquee GP-led transactions, in addition to direct secondary business. With access to the full TPG ecosystem, TPG NewQuest has created a distinct position within the Asian secondary market by partnering with experienced GPs and taking a sector-driven, asset-first approach to underwriting. Through thoughtful asset selection and collaborative engagement, we have seen how innovative GP-led solutions can unlock enduring value. The IVCA Secondaries Summit provides an important platform for industry stakeholders to exchange ideas and advance the continued evolution of this rapidly growing segment.”

Sunil K. Goyal, Managing Director, YourNest Venture Capital, said, “YourNests association with IVCA goes back a long way, and we genuinely appreciate the contribution made to furthering India’s startup industry. By encouraging entrepreneurship and helping create policies that are founder-first, IVCA has helped put India on the global startup map. This particular event is very close to our heart: as a specialist DeepTech fund, we understand the need for patient capital and the value of longer-term investor-founder relationships. That’s why we believe that secondaries in the form of continuation vehicles must be a primary focus for the industry in these volatile, uncertain times. Personally, I am very happy to be part of this landmark event, and look forward to making things better for all our founders and investors.”

Through a series of insightful sessions, the IVCA Secondaries Conference will encourage collaboration and strategic thinking, enabling stakeholders to align on priorities, share best practices, and position India’s secondaries market as a globally competitive ecosystem. The discussions here will help shape policy frameworks and market practices that drive growth and unlock promising opportunities for investors and fund managers alike.

About IVCA

The Indian Venture and Alternate Capital (IVCA) is a not-for-profit, apex industry body promoting the alternate capital industry and fostering a vibrant investing ecosystem in India. IVCA is committed to supporting the ecosystem by facilitating advocacy discussions with the government of India, policymakers, and regulators, resulting in the rise of entrepreneurial activity, innovation, and job creation in India and contributing towards the development of India as a leading fund management hub. IVCA represents 460+ funds with a combined AUM of over $350 billion. Our members are the most active domestic and global VCs, PEs, funds for infrastructure, real estate, credit funds, limited partners, investment companies, family offices, corporate VCs, and knowledge partners. These funds invest in emerging companies, venture growth, buyout, special situations, distressed assets, and credit and venture debt, among others.

REnergy Dynamics Infraworks Pvt. Ltd. (REDi) has officially launched as a new vertical of REnergy Dynamics (RED). REDi will offer specialised industrial construction and EPC solutions across India. Positioned as an integrated platform for sustainable infrastructure delivery, REDi is poised to address the growing need for high-performance, future-ready industrial and environmental projects. The company will focus on precision-driven project delivery across logistics, warehousing, and industrial sectors. Industrial construction demands a rare combination of agility, reliability, and sustainability – qualities that REDi will embed into every project by leveraging digital tools, modular construction technologies, and advanced project management systems.

L to R: Major Sumeet Lahane (Retd.), Co-Founder and CEO and Mr. Jeetendra Singh Saluja, Co-Founder and Chief Business Officer, REDi

Within weeks of its incorporation, REDi has secured a significant industrial execution mandate from Reliance, marking its early entry into one of India’s most prestigious industrial ecosystems.

Spearheading REDi’s nationwide expansion are two seasoned professionals; Major Sumeet Lahane (Retd.) and Mr. Jeetendra Singh Saluja, who bring a powerful combination of discipline, innovation, and domain expertise.

An Indian Army veteran, a President’s Gold Medalist from the Indian Military Academy, Major Sumeet Lahane (Retd.) has built a career marked by strategic leadership and operational excellence in high-stakes environments. Following years of distinguished military service, he transitioned to the renewable energy sector, where he held senior leadership roles at GPS Renewables, driving large-scale project delivery and organisational growth.

Mr. Jeetendra Singh Saluja is a seasoned infrastructure expert with over 20 years of experience across warehousing, logistics, and industrial development in India. He has built a formidable presence in the logistics and warehousing sector, overseeing the development of over 600,000 square feet of cumulative built-up space across multiple campuses. He has led the creation of integrated logistics hubs featuring Grade A warehouses, trusted by leading 3PL giants such as Delhivery, Safexpress, and XpressBees, making him a key enabler in India’s fast-growing supply chain ecosystem.

Speaking about the new vertical, Major Sumeet Lahane (Retd.), Co-Founder and CEO, REDi, said,“I am delighted to take the next step forward with RED With REDi, we’re creating a future-ready EPC platform that blends sustainability, smart engineering, and military-like execution precision. Our goal is to become the partner of choice for industrial construction projects by delivering turnkey infrastructure that is sustainable, scalable, and smart.”

Mr. Jeetendra Singh Saluja, Co-Founder and Chief Business Officer, REDi, said,“REDi will deliver customised industrial construction solutions across India’s most critical sectors – from water supply, urban utilities, industrial infrastructure to public works, Grade-A warehousing, and logistics parks.”

Mr. Kushagra Nandan, Co-Founder, Chairman & Managing Director of RED said,“By 2030, the construction sector is projected to contribute $1 trillion to India’s overall economic output. There is a huge market opportunity for experienced players who can provide specialised industrial construction services in India. RED is happy to back Major Sumeet Lahane (Retd.) and Mr. Jeetendra Singh Saluja who are spearheading this initiative. I believe that under their able leadership, REDi will carry forward the legacy of RED delivering quality projects on time, and sustainably.”

REDi will leverage modular construction, PEB technologies, smart project monitoring, and a vetted just-in-time supply chain to optimize delivery timelines and capital efficiency.

About REnergy Dynamics Infraworks Pvt. Ltd. (REDi)
REDi is the infrastructure and EPC vertical of REnergy Dynamics Pvt Ltd. REDi delivers sustainable, tech-enabled infrastructure solutions across India’s industrial, warehousing, and utility sectors. Built on a foundation of quality, safety, and speed, REDi is committed to engineering tomorrow’s infrastructure – responsibly.

About REnergy Dynamics
REnergy Dynamics (RED) is dedicated to advancing the renewable energy sector in India, offering an integrated bioenergy platform to its clients. RED’s portfolio of solutions includes: company-owned and developed large-scale bioenergy projects; EPC services to renewable energy developers; feedstock aggregation and its supply to compressed biogas projects; and the manufacturing and supply of CBG plant components. RED has quickly established a significant presence in Maharashtra, Uttar Pradesh and Gujarat through various bioenergy projects. The company is committed to sustainable growth and aims to create positive social and economic impacts on the communities and businesses they collaborate with.

To learn more, visit www.renergydynamics.com.