L&T Finance Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFCs) in India has recorded consolidated Profit After Tax (PAT) of Rs. 701 Crore, up 10% Quarter-on-Quarter (QoQ) and 2% Year-on-Year (YoY) for the first quarter ended June 30, 2025. During the quarter, LTF achieved a milestone of highest-ever consolidated book of Rs. 1,02,314 Crore, up 15% YoY. The retail book size during the quarter reached Rs. 99,816 Crore, up 18% YoY. The Company has recorded quarterly retail disbursement of Rs. 17,522 Crore for the first quarter ended June 30, 2025, up 18% YoY. Retailisation stood at 98% for the quarter ended June 30, 2025, exceeding Lakshya 2026 target.

Highlights of L&T Finance Ltd.s financial performance for the quarter ended June 30, 2025

Debut Investment Grade Credit Rating has been assigned to LTF by international rating agencies (S&P Global Ratings and Fitch Ratings). S&P Global Ratings has assigned LTF “BBB-” long-term and “A-3” short-term issuer credit rating. The outlook on the long-term rating is Positive. Fitch Ratings has assigned LTF long-term foreign and local currency Issuer Default Ratings (IDR) of “BBB-” with a Stable outlook. These long-term ratings are investment grade and are at par with India’s Sovereign Credit Rating. This will enable the Company to tap global capital markets, further diversify its liability franchise, and deepen investor base.

‘Project Cyclops’, in-house developed proprietary credit underwriting engine by LTF, has been rolled-out for SME Finance and its advanced version is implemented in Two-wheeler Finance.

The Company’s customer-facing PLANET app, which has emerged as a powerful digital channel for customers, crossed more than 1.86 Crore downloads as on date, comprising more than 16.7 Lakh downloads on the rural side. As of date, this channel has done collections of over Rs. 4,800 Crore while servicing around 7.85 Crore requests and has sourced loans of over Rs. 15,500 Crore. The Company has launched a revamped customer-centric website and the next-generation PLANET 3.0.

Commenting on the financial results, Mr. Sudipta Roy, Managing Director & CEO, LTF said, “In a challenging quarter, our Company remained focused on outcomes and achieved a resilient performance while showcasing our ability to manage market headwinds. This performance is on the back of our commitment to sourcing creditworthy customers backed by technology and robust credit guardrails, while keeping a strong focus on collection efficiency across businesses. Our impetus remains on risk calibrated business growth with a sharp focus on a strong asset quality, laying the foundation for a sustainable and predictable growth going forward.

In the quarter, we achieved the highest-ever consolidated book of over Rs. 1 Lakh Crore milestone and added a secured high yield product to our loan portfolio i.e., Gold Loan. Our company has been assigned a debut investment grade credit rating of “BBB-/Positive” by S&P Global Ratings and “BBB-/Stable” by Fitch Ratings. This rating will serve as a foundation for further diversifying our liability franchise by accessing financing opportunities across the global capital markets. Our AI-driven next-gen digital credit engine, ‘Project Cyclops’ is starting to yield early dividends in our Two-wheeler finance business, and during the quarter, ‘Project Cyclops’ was scaled up in Farm business and launched in the SME finance business. We remain focused on continuously strengthening our risk and credit frameworks, which will serve us well in times to come.”

Key Highlights:

Robust Retail Franchise:

The Company’s granular and deep pan-India Retail franchise is led by its strong distribution capabilities namely, its geographic presence in around 2 Lakh villages from around 2,089 rural meeting centers/branches and 407 branches across urban centers. This extensive geographic presence is also supported by over 13,000 distribution points built over a decade. The Company also leverages over 2.6 Crore of its customer database to drive a credible cross-sell and up-sell franchise contributing 35% of the Company’s repeat disbursements share in value and 49% in count during Q1FY26.

Building a diversified retail franchise:

Rural Business Finance

Q1FY26 disbursements at Rs. 5,618 Crore vs. Rs. 5,773 Crore, down 3% YoY. Book size at Rs. 26,616 Crore vs. Rs. 25,887 Crore, up 3% YoY.

Farmer Finance

Q1FY26 disbursements at Rs. 2,200 Crore vs. Rs. 1,903 Crore, up 16% YoY. Book size at Rs. 15,756 Crore vs. Rs. 14,204 Crore, up 11% YoY

Two-wheeler Finance

Q1FY26 disbursements at Rs. 2,128 Crore vs. Rs. 2,621 Crore, down 19% YoY. Book size at Rs. 12,331 Crore vs. Rs. 12,025 Crore, up 3% YoY

Personal Loans

Q1FY26 disbursements at Rs. 1,942 Crore vs. Rs. 1,178 Crore, up 65% YoY. Book size at Rs. 9,383 Crore vs. Rs. 6,667 Crore, up 41% YoY

Housing Loans and Loans Against Property

Q1FY26 disbursements at Rs. 2,780 Crore vs. Rs. 2,245 Crore, up 24% YoY. Book size at Rs. 26,464 Crore vs. Rs. 19,961 Crore, up 33% YoY

SME Finance

Q1FY26 disbursements at Rs. 1,273 Crore vs. Rs. 978 Crore, up 30% YoY. Book size at Rs. 6,964 Crore vs. Rs. 4,471 Crore, up 56% YoY

During the quarter, LTF launched a Business Loan campaign with the tagline, ‘Aapke Business Ka Game Changer’ featuring Indian cricketer Jasprit Bumrah. The campaign highlighted how the Business Loan is offered through a digital application process for quick and efficient funding, it has a rapid disbursal providing timely capital, and an app-based withdrawal facility offering flexible cash flow management.

About L&T Finance Ltd. (LTF)

L&T Finance Ltd. (LTF) (www.LTFINANCE.com)), formerly known as L&T Finance Holdings Ltd., (LTFH) is a leading Non-Banking Financial Company (NBFC), offering a range of financial products and services. Headquartered in Mumbai, the Company has been rated ‘AAA’ – the highest credit rating for NBFCs – by four leading rating agencies. It has also received leadership scores and ratings by global and national Environmental, Social, and Governance (ESG) rating providers for its sustainability performance. The Company has been certified as a Great Place To Work and has also won many prestigious awards for its flagship CSR project – “Digital Sakhi”- which focuses on womens empowerment and digital and financial inclusion. Under Right to Win, being in the ‘right businesses’ has helped the Company become one of the leading financiers in key Retail products. The Company is focused on creating a top-class, digitally enabled, Retail finance company as part of the Lakshya 2026 plan. The goal is to move the emphasis from product focus to customer focus and establish a robust Retail portfolio with quality assets, thus creating a Fintech@Scale while keeping ESG at the core. Fintech@Scale is one of the pillars of the Company’s strategic roadmap – Lakshya 2026. The Company has over 2.6 Crore customer database, which is being leveraged to cross-sell, up-sell, and identify new customers.

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A wholly owned subsidiary of the Abu Dhabi Investment Authority (“ADIA”) has entered into definitive agreements to invest USD 200 million for a ~3% stake in Micro Life Sciences Private Limited (“Meril“), one of India’s leading medical devices companies. This investment values Meril at an enterprise value of USD 6.6 billion. The transaction is subject to regulatory approval by the Competition Commission of India (CCI). Post this investment, Meril will be backed by two globally recognized investors, ADIA and Warburg Pincus.

ADIA to invest USD 200 million in Meril, valuing the Indian medical devices company at an enterprise value of USD 6.6 billion

Founded by the Bilakhia Group, Meril is a global innovator in medical technology (MedTech), with a strong focus on clinically advanced solutions across multiple specialties – including Cardiovascular, Structural Heart, Orthopaedics, Endo-surgery, In-vitro Diagnostics and Surgical Robotics.

Headquartered in Vapi, India, Meril operates state-of-the-art, vertically integrated, and globally certified manufacturing and R&D facilities, across a 100 acre sustainable MedTech campus. The company employs more than 13,000 people, has 35+ global subsidiaries, and serves healthcare systems in 150+ countries. Meril is committed to becoming the world’s leading MedTech company, powered 100% by green energy, reinforcing its commitment to sustainable innovation.

With a robust in-house global R&D ecosystem and a portfolio of 200+ technology platforms, Meril continues to lead in global clinical research and education. Breakthrough innovations such as the Myval Transcatheter Heart Valve (THV) series, MyClip Transcatheter Edge-to-Edge Repair (TEER) system, and the MISSO Surgical Robotic System highlight Meril’s dedication to next-generation innovation. Through its 12+ global training academies, Meril empowers over 10,000 healthcare professionals annually.

Sanjeev Bhatt, Senior Vice President – Strategy, Meril said: “This investment by ADIA reinforces confidence in Meril’s long term vision and global ambitions. This investment will enable us to accelerate growth, attract world-class talent, and further strengthen our RCD and clinical research efforts as we work towards improving the quality of human life through advanced healthcare solutions.”

About Meril

Meril is a global medical technology company headquartered in Vapi, India. With a strong emphasis on innovation, Meril develops clinically meaningful products aimed at enhancing patient outcomes across cardiovascular, orthopaedic, diagnostic, Endo- Surgery and robotic surgery domains. Founded by the Bilakhia Group, the company is committed to sustainability, quality, and global impact.

For more information: www.merillife.com.

About Abu Dhabi Investment Authority (ADIA)

Established in 1976, the Abu Dhabi Investment Authority (“ADIA”) is a globally-diversified investment institution that prudently invests funds on behalf of the Government of Abu Dhabi through a strategy focused on long-term value creation.

For more information: www.adia.ae.

AdvantageClub.ai, the world’s first agentic AI platform for employee experience, rewards, and wellness, has crossed a significant milestone-15 million users worldwide.

AdvantageClub.ai Reaches a New Milestone: 15 Million Users Worldwide

This rapid growth has made it the #1 platform in its category, trusted by top organizations to engage not only their employees but also customers and partners. By supporting the full ecosystem, AdvantageClub.ai is helping companies build deeper, more meaningful connections across every touchpoint.

Founded in 2016 by UCLA graduates Sourabh Deorah and Smiti Bhatt Deorah, AdvantageClub.ai has grown quickly by offering a powerful, all-in-one platform. In just a few years, it has scaled from 1 million to 15 million users by helping companies strengthen relationships and improve experiences at every stage.

The platform brings together everything companies need to engage their people, including rewards and recognition, wellness programs, flexible benefits, surveys, employee communities, and loyalty programs. All of these features work together as a unified system, helping companies establish strong emotional bonds with their employees and others within their network. The loyalty program, inspired by consumer rewards systems, plays a key role in building long-term trust and commitment.

At the center of AdvantageClub.ai is ADVA 2.0, an intelligent AI assistant that gives each person a personalized experience. Whether its a reminder to take a wellness break, a note of appreciation, or a benefit choice, every experience feels timely, thoughtful, and relevant.

Today, more than 1,000 companies in over 100 countries use AdvantageClub.ai-including big names like Concentrix, Teleperformance, HCL, BCG, Tech Mahindra, Tata Steel, and Air India. These companies rely on the platform to foster a better workplace culture, enhance employee retention, and create experiences that employees truly enjoy.

In December 2024, AdvantageClub.ai raised $4 million in a funding round led by Axilor Ventures, bringing its total funding to $11 million. This funding is helping the company grow in the U.S. and Asia and invest further in AI features and personalization tools that make the platform even more engaging.

Sourabh Deorah, Co-founder and CEO of AdvantageClub.ai, said, “Crossing 15 million users is not just a validation of our technology-it’s a reflection of the emotional impact we’re making on people’s work lives. It shows that companies across the world are ready to move beyond check-the-box engagement toward something truly personal and lasting.”

Smiti Bhatt Deorah, Co-founder and COO, added, “Real engagement is about creating value in everyday moments at work. At AdvantageClub.ai, we focus on crafting solutions that employees actually love using-not just because they have to, but because it makes them feel seen, appreciated, and connected. This milestone motivates us to keep innovating with purpose and empathy.”

As the world of work continues to evolve, AdvantageClub.ai remains focused on helping companies cultivate strong, people-first cultures-not just for employees, but across their entire ecosystem.

About AdvantageClub.ai
AdvantageClub.ai is the world’s first agentic AI in Employee Experience, Rewards and Wellness platform offering a range of services, including rewards and recognition, wellness solutions such as OPD plans, Annual Health Check-Ups, wellness challenges, sales incentive automation, flexible benefits, surveys, moments that matter, and communities, all on a single platform. It provides end-to-end solutions to facilitate employee engagement by digitizing the company’s R&R policies, allowing them to drive better employee retention and happiness. AdvantageClub.ai has over 15 million users, with a presence in more than 100 countries, 1,000+ clients, and 10,000+ brand options. Established in 2016, AdvantageClub.ai is the brainchild of UCLA postgraduates, Sourabh Deorah and Smiti Bhatt Deorah, who identified employee engagement as a space to create disruption using AI, data mining, and analytics. Headquartered in San Francisco, AdvantageClub.ai boasts an impressive client portfolio that features prominent companies such as Air India, BCG, Biocon, Concentrix, HCL, Hexaware, L&T, Tech Mahindra, Tata Steel, Teleperformance, and many more.

In a world increasingly driven by speed and short-lived trends, Jaipuri Banno stands as a quiet force of timeless beauty and purpose. For over 13 years, this Jaipur-based label has celebrated India’s rich craft traditions through clothing that brings together heritage, comfort, and contemporary elegance.

Jaipuri Banno – Celebrating Craft, empowering women, creating timeless fashion

Founded by Neetu Mahajan, a homemaker and mother of two, Jaipuri Banno began not in a studio or fashion hub, but at a kitchen table. With no formal business background and no investors, Neetu followed her instinct and love for Indian textiles. She began working with block prints and pure cotton, creating garments that reflected both tradition and modern ease. What started as a personal pursuit quickly grew into a beloved brand, worn and adored by women across the country.

Jaipuri Banno is best known for its use of traditional hand block printing techniques combined with soft, breathable fabrics. Each garment is made with care by skilled artisans, many of whom come from families with generations of experience in this craft. The prints are thoughtful and earthy, the silhouettes are flattering yet relaxed, and the fabrics are chosen to suit the Indian climate and lifestyle. Whether it’s a kurta for daily wear or something more vibrant for a festive moment, every piece carries the brand’s signature of understated charm.

Among its many collections, two have stood out as favourites among customers and admirers alike – Raag and Patola.

The Raag collection is inspired by the emotional depth and graceful rhythm of Indian classical music. The garments in this line are soft, fluid, and rooted in a calm elegance. Raag uses earthy colour palettes, subtle prints, and flowing forms that feel meditative and timeless. Each piece is designed to be worn and re-worn – for quiet gatherings, moments of reflection, or simply when one wants to feel beautifully at ease. Much like a raag in music, the collection moves gently but leaves a lasting impression.

The Patola collection brings a vibrant and bold dimension to Jaipuri Banno’s offerings. Crafted in breathable cotton and adorned with striking block prints, Patola is tailored into modern silhouettes that are both festive and functional. With jewel-toned colours, geometric and floral motifs, and easy-to-wear cuts, the collection has become a favourite for women who like to stand out without sacrificing comfort. Whether worn to a family celebration, a day at work, or a casual brunch, Patola delivers confident style with a distinctly traditional soul.

At the heart of Jaipuri Banno, beyond the design and fabrics, is a deep commitment to women’s empowerment. As the brand gained recognition, Neetu remained rooted in her vision of using fashion as a tool for social change. With the support of the M3M Foundation, she began training young women from rural areas in garment construction, embroidery, and tailoring. This led to the formation of a collective proudly known as the Dream Weavers.

For many of these women, joining Jaipuri Banno marked a new beginning. Through their training and work, they gained financial independence, creative confidence, and a sense of identity. Today, they are not only the hands behind the clothes but also an integral part of the brand’s story. Their proudest moment came during Times Fashion Week 2024, where the Dream Weavers didn’t just work backstage – they walked the runway, side by side with professional models, presenting the very garments they had helped bring to life. It was a powerful moment of recognition, resilience, and celebration.

Jaipuri Banno’s journey proves that fashion rooted in purpose and authenticity can quietly but powerfully shape the industry. With no need for gimmicks or mass marketing, the brand has built a loyal following through consistency, care, and an honest connection with its audience. Customers often describe the experience of wearing Jaipuri Banno as comforting, graceful, and deeply personal.

Today, the brand’s collections are available on major platforms including Nykaa Fashion, Myntra, Ajio, and through its own official website. Despite its growing popularity, Jaipuri Banno remains focused on small-batch production, ethical practices, and a hands-on approach to quality. Each garment is still designed with the same attention to detail and emotional resonance as it was in Neetu’s early days.

In a market filled with mass-produced fashion, Jaipuri Banno offers something far more meaningful – clothes that carry a story, honour a craft, and support a community. Whether it’s a Raag kurta worn on a quiet evening or a Patola kurti that lights up a celebration, each piece is made to be remembered and re-worn.

Neetu Mahajan’s journey is a reminder that powerful change often begins in the smallest of spaces. From her kitchen table to fashion week, from block printing to building futures, she has woven together creativity, purpose, and resilience into every thread of Jaipuri Banno. And through her work, she continues to inspire women everywhere to wear their roots with pride.

Jaipuri Banno is not just a brand. It is a tribute – to handmade artistry, to cultural continuity, and to the courage of women who dare to dream and do.

In real estate, home buying choices are not just about lifestyle anymore; they are also about premium location, the most powerful feature. A premium address signals more than convenience-it speaks to one’s aspirations, social circle, and future value. For the new-age homebuyers, especially in metros like Delhi-NCR, the value of a home lies as much in where it is as in what it offers, and the region’s landmark locations are increasingly seen as the true asset, shaping both personal identity and property appreciation.

In NCR Real Estate, location isnt just a feature – its the future

According to ANAROCK’s latest report titled “NCR Real Estate – A Beacon of Growth and Opportunity,” the region recorded a jump of 81% in average residential property prices between Q1 202 and Q1 2025. Greater Noida saw the maximum rise in property prices, with average residential prices increasing by a whopping 98% between 2020 and 2025. Noida followed this region on its heels in terms of a rise in residential prices, with an average hike of 92% between 2020 and 2025.

Ishaan Singh, Director, AIPL, says, “In Gurugram, an address does more than locate a property; it reflects the identity and aspirations of the buyer. Prominent micro-markets like Golf Course Road, Dwarka Expressway, and Sohna Road embody a certain standard of living, and their proximity to international schools, Fortune 500 workplaces, and high-end social infrastructure adds to their appeal. As Gurugram’s well-planned micro-markets evolve, we believe they will continue becoming complete ecosystems where ambition, aesthetics, and accessibility converge to create a new benchmark for urban, aspirational living.”

As homebuyers grow increasingly location-conscious, developers are racing to secure prime urban pockets that promise both prestige and potential. Prateek Group has been ahead of the curve, anchoring its flagship projects in future-ready, high-demand micro-markets. Prateek Canary in Sector 150, Noida, is a standout example. A low-density luxury project located in the green zone with proximity to IT parks, educational hubs, and sports infrastructure, it caters to a rising class of aspirational professionals. Similarly, Prateek Grand City in Siddharth Vihar (NH-24) is transforming Ghaziabad’s skyline. Designed as a self-sustained township with modern amenities, green open spaces, and effortless expressway access, it reflects how smart location choices can elevate both lifestyle and long-term investment.

Moreover, in the calculus of the homebuying process, location now outweighs built-up area or high-end finishes. Today’s buyers are seeking a well-connected, well-rounded lifestyle.

Sanjay Sharma, Director, SKA Group, says, “Homebuyers today are deeply attuned to the power of an address. In Noida and Greater Noida, sectors along the key corridors like Noida-Greater Noida Expressway are attracting a new generation of informed buyers who view connectivity, planning, and community as integral to their investment. With metro lines, global schools, and green zoning, these areas are bringing a huge influx of buyers. Hence, the value now lies in the ecosystem outside the home, where a premium address delivers long-term capital appreciation and everyday lifestyle dividends.”

Proximity to airports, expressways, metro corridors, business districts, and top-tier social infrastructure has become a key differentiator. The preference is shifting towards integrated, thoughtfully planned communities-places that offer both privacy and plug-in access to the city’s pulse.

Vishal Sabharwal, Head Sales, Orris Group says, “In Noida-Greater Noida, key corridors like the Yamuna Expressway have transitioned from a distant promise to a definitive destination. With marquee developments like the upcoming Noida International Airport and Film City, this corridor now boasts great investment potential. The region is no longer viewed through the lens of speculation, but as a high-growth, high-aspiration zone. Thus, a home with this address is symbolic of being ahead of the curve, where appreciation meets ambition in real time.”

Mihir Jha, Head Sales, Better Choice Realtors, Pvt. Ltd., said, “In Gurugram, the Dwarka Expressway comes as a case study of how the right address can redefine a city’s luxury landscape. From a peripheral to the epicentre of premium residential demand, the corridor has brought buyers and investors to the region due to its seamless connectivity to Delhi, proximity to IGI Airport, and the emergence of diplomatic and commercial hubs. Hence, as developers, we see the Dwarka Expressway as the location where aspiration meets access.”

Thus, landmark addresses are no longer add-ons; they are fundamental to a buyer’s decision-making process. As NCR’s luxury map continues to evolve, the location itself is emerging as the true asset.

In a landmark initiative that blends sustainability, innovation, and circular economy principles, Bisleri International has partnered with EcoLine Clothing, the flagship sustainable brand of Shree Renga Polyester Pvt. Ltd., through a formal Memorandum of Understanding (MoU) signed at Bisleri’s Mumbai headquarters.

Bisleri Internationals Bottles For Change inks MoU with EcoLine Clothing

The collaboration aims to recover used PET bottles through Bisleri’s flagship initiative, Bottles For Change, and convert them into high-quality fashion and lifestyle products under the EcoLine brand.

The MoU was signed by Mr. Angelo George, CEO of Bisleri International, and Mr. Sankar K, Chairman of Shree Renga Polyester, in the presence of Mr. K. Ganesh, Head of Sustainability and CSR at Bisleri International, and Mr. Senthil Sankar, Managing Director of Shree Renga Polyester and Co-founder of EcoLine Clothing.

Through this partnership, collected PET bottles will be transformed into finished products such as jackets, uniforms, bags, and apparel using EcoLine’s state-of-the-art bottle-to-fabric technology, which incorporates dope dyeing and nanotechnology for enhanced durability and sustainability. This innovative model has already proven successful in previous collaborations with the Indian Army (Siachen) and the Royal Government of Bhutan.

This alliance marks a significant step forward in showcasing how collaborative action can drive meaningful change toward a circular and climate-conscious future.

Speaking on the occasion, Mr. Angelo George, CEO, Bisleri International said, “Plastic pollution is one of the most pressing environmental issues India faces today. At Bisleri, we believe managing plastic waste is not just an environmental responsibility but also an economic opportunity. Our partnership with Shree Renga Polyester through its EcoLine brand is a significant step forward in extending the life cycle of used plastic. Together, we are not just recycling PET bottles-we are reimagining their potential by transforming them into into sustainable fashion and lifestyle solutions.”

Mr Sankar K, Founder & Chairman, Shree Renga Polyester Pvt. Ltd., added, “This collaboration is a powerful example of how two mission-driven organizations can create environmental and social impact at scale. At EcoLine, we believe sustainability must be visible, wearable, and affordable. With Bisleri’s nationwide collection network and our vertical integration, we’re excited to close the loop on plastic waste.”

The partnership will also include consumer awareness programs, green fashion campaigns, and transparent impact reporting.

About Bisleri International Pvt. Ltd

With a legacy of over 50 years, Bisleri International Pvt. Ltd. has grown to become one of the largest premium beverage businesses in India. Being the makers of the countrys largest-selling packaged drinking water, Bisleri follows a stringent process of 114 quality tests and a 10-stage purification. It remains true to its core value of providing consumers with pure, safe and healthy water.

Bisleri International has a strong presence with 128 operational plants and a robust distribution network of over 6,000 Distributors and 7,500 Distribution Trucks across India and UAE market. It offers a range of beverages that are produced for all occasions. Whether it is the promise of goodness, trust, and purity with Bisleri packaged drinking water, or a daily dose of health offered through Vedica Himalayan Spring Water. Besides, Bisleri International has ventured into fun-filled refreshments with a diverse range of carbonated drinks available in multiple flavours, such as Bisleri Limonata, Bisleri Rev, Bisleri Spyci Jeera, Bisleri Pop and Bisleri Soda. These Bisleri products are also available on the e-commerce platform – Bisleri@Doorstep. This D2C platform reassures customers that they will receive a safe and uninterrupted supply of their most trusted brand at their doorstep.

The core values of Bisleri International lie in yielding growth and embedding sustainability by being responsible in all aspects of the business. The organization has unveiled Sustainability 2.0 with Bisleri Greener Promise that focuses on creating greener future for all through implementing initiatives under the program of recycling, water conservation and sustainability.

For more information on Bisleri International, our people, brands, and OSR initiatives, visit www.bisleri.com.

• Unveils dual-powered torch that boasts both rechargeable and battery-operated modes

• Strengthens product portfolio with second innovative launch in two years

• Launches #NeverOutOfLight Hybrid Torch collaborating with Sonakshi Sinha’s supernatural thriller, ‘Nikita Roy’

Eveready Industries, India’s leading flashlight and battery brand, today announced the launch of the country’s first Hybrid Torch. The company has expanded its flashlight portfolio with the dual-powered device, a first-of-its-kind innovation that offers the flexibility of both rechargeable and battery-operated use, ensuring consumers never run out of light, especially in the absence of a power source.

Eveready Disrupts India’s Flashlight Space, launches Country’s First Hybrid Torch

The next-gen hybrid torch from Eveready is a patent-applied offering that features a powerful 1W super-bright front LED for focused illumination and a 1W side light, both housed in a durable ABS plastic body that is ideal for everyday and rough outdoor use. The unique flashlight comes equipped with an inbuilt rechargeable battery, which is charged, via a fast-charging USB Type-C port in just 2.5 hours. It is also simultaneously powered with 3 x AA Batteries so, if the torch runs out of charge, you can switch to the Battery-Operated Mode. Designed keeping in mind the consumer’s key need to never be out of light, it has additional safety features like overcharge and deep discharge protection, which also help extend battery life. In addition, the product’s distinctive design offers a position slide switch for the front and side light, a position switch for power mode selection – rechargeable or battery operated, and a charging indicator light, adding to user convenience.

Speaking on the launch, Mr. Anirban Banerjee, Chief Executive Officer, Eveready Industries India Limited, said, “Innovation is at the helm of all undertakings at Eveready. Over the years, this ideology has paved the way for us to consistently introduce unique and pioneering products that empower consumers. The latest offering from the house of Eveready reflects the brand’s legacy of innovation and trust, giving consumers uninterrupted lighting with modern convenience. Our Hybrid Torch, a new-age innovative solution, promises quality, convenience, and reliability to users while ensuring that they never run out of power. Going forward, Eveready will remain committed to delivering smarter, practical, and dependable solutions for consumers across Indian households.”

To mark the unveiling of the new Hybrid Torch, Eveready is also collaborating with the film ‘Nikita Roy’ featuring Bollywood actress Sonakshi Sinha. As part of this partnership, a video featuring the lead actress will showcase the patent-applied Hybrid Torch’s 2-in-1 power backup feature and easy toggle switch feature to change power modes in seconds, offering long-lasting power and ensuring that users are #NeverOutOfLight. In the film, Sonakshi plays Nikita Roy, a woman navigating through supernatural darkness and personal dilemmas making her a perfect fit for the campaign’s theme of resilience and illumination.

Link:www.youtube.com/watchv=LGYQybtUqW4

“Our association with Sonakshi Sinha’s film Nikita Roy is more than just a product integration. It symbolizes resilience and the will to keep going, even in the darkest of times,”Mr. Banerjee added.

Designed for daily use, travel, camping, trekking, security and emergencies, the Hybrid Torch’s dual power source comprises a rechargeable Li-ion battery and 3xAA carbon zinc batteries. Priced at Rs. 399/-, Eveready’s Hybrid Torch is available in two colors, red and green, at leading retail outlets and on major e-commerce platforms across India.

In line with its endeavor to offer innovative products and solutions, Eveready, last year, launched the Eveready Siren Torch. A one-of-a-kind torch with a loud 100-decibel alarm, the Siren Torch is designed to help women stay safe with a simple pull of the keychain, alerting others in case of danger. Compact, rechargeable, and easy to carry, this torch reflects how Eveready is using smart ideas to create real solutions for safety and everyday use.

About Eveready Industries India Limited

About Eveready Industries India Limited: With a legacy spanning over a century, Eveready Industries India Ltd. (NSE Code: EVEREADY, BSE Code: 531508) (www.evereadyindia.com) has continually evolved to meet the dynamic needs of consumers. In 2023, the company embarked on a transformative journey, marked by the unveiling of its new infinity logo and the empowering tagline “Give Me Power, Give Me Red.” The pivotal year also witnessed the introduction of Evereadys cutting-edge go-to-market strategy, reinforcing its commitment to innovation and customer satisfaction.

At the heart of Evereadys innovations lies the launch of its New Ultima Alkaline battery in 2023, meticulously designed to cater to the discerning needs of todays consumers. Evereadys steadfast dedication to providing top-tier quality and reliability has positioned the company as Indias No. 1* battery brand.

Since its inception in 1934, Eveready has been at the forefront of the dry cell battery market, enriching the lives of millions with portable energy and lighting solutions. The companys iconic catchphrase “Give Me Red” has become synonymous with trust and dependability, resonating with consumers across generations.

Evereadys commitment to excellence extends beyond product development. With manufacturing facilities strategically located across Matia, Lucknow, Noida, Haridwar, Maddur, and Kolkata, equipped with state-of-the-art technology platforms, the company upholds the highest operating standards. Evereadys facilities adhere to stringent quality (ISO 9000) and environmental (ISO 14000) practices, reflecting its dedication to sustainability and responsible manufacturing.

Backed by a Research and Development (R&D) facility approved by the Department of Scientific and Industrial Research (DSIR), Ministry of Science and Technology, Government of India, Eveready continues to drive innovation and set industry benchmarks. The company remains steadfast in its mission to enrich lives through reliable, innovative energy solutions, lighting the way for a brighter tomorrow.

*As per Nielsen Oct 24 MAT Report.

Eton Solutions, the wealth management platform that the world’s wealthiest single and multi-family offices rely on to manage over $1 trillion in assets, today announced the finalization of its $58 Million Series C round, which unfolded in two tranches. The raise was led by repeat investor Navis Capital Partners, a leading private equity firm focused on companies in high-growth markets with an edge in their industries.

L-R:Rajendra Pai, Partner, Navis Capital Partners, Robert Mallernee, CEO, Bryan Henning, SVP, Head of Global Business Development & Satyen Patel, Executive Chairman, Eton Solutions

The funding comes as Eton Solutions experiences rapid growth. In the past three years, the company has more than quadrupled its revenue and expanded its client base by 340% across 15 countries. The company’s AtlasFive platform has become the system of record for elite wealth management and is already in use by more than 800 of the world’s wealthiest families. The company has made significant investments in artificial intelligence and expanded features to arrive at a holistic solution that’s now responsible for managing 130,000 entities, overseeing 205,000+ investments, $65 billion in annual bill payments, and processing more than 14 million annual transactions. It’s upon this data-rich foundation that Eton Solutions has developed more than 400 AI use cases.

The company will use the funding to fuel product innovation and AI development of its AtlasFive platform and expand its suite of products targeting the PE and Funds industry. Built on Eton Solutions’ decades of wealth management and financial domain expertise, its forthcoming products will serve a broader range of ultra-high net-worth levels, beginning with individuals with $25 million or more in assets. They will also serve a steadily expanding client base for the company, now consisting of Single and Multi-Family Offices, Private Equity firms, Funds, Registered Investment Advisors, Accounting firms, Business Managers and Global Private Banks.

The growth of family offices in the U.S., UK, Switzerland, APAC and the UAE
In recent years, the growth of ultra-high-net-worth families and individuals has resulted in a significant expansion of family offices globally. According to Deloitte, the number of single-family offices worldwide hit 9,030 last year and will reach 10,720 by 2030.

While North America currently has the largest number of family offices, Asia Pacific is expected to outpace it in terms of growth speed by 2030. Eton Solutions, with a U.S. headquarters in North Carolina and international headquarters in Singapore, has a substantial presence in North America, Asia Pacific, Europe and the Middle East. It is well positioned-both physically and strategically-to cater to this growth and the resulting demand.

“Our total addressable market is increasing every year, and our technology is expanding to meet it,” said Satyen Patel, Executive Chairman at Eton Solutions. “We’ve built an ecosystem that is uniquely able to meet every wealth management need-and has the security, privacy, workflow and data foundation necessary to do so-all in one place. Our focus as we enter our second decade is reimagining how wealth managers across the board manage liquid and alternative investments for their clients-whether one or many. This investment will let us super charge our expansion to meet the growing markets and their demand for AI-driven efficiencies that create even more value.”

Over the last ten years, the company has invested $50 million in the development of its core and upcoming product releases. This year, it hosted its first ever global client summit, attracting 75 representatives from more than 40 family offices from around the world. The company has 425 employees.

Navis Capital Partners, which manages over $5 billion in assets, cited Etons unique position in the market as key to their investment decision. “Weve witnessed how Etons technology enables family offices to achieve unprecedented efficiency and insight,” said Rajendra Pai, Partner at Navis Capital Partners. “Their platform has become an essential infrastructure for managing complex wealth at scale. Were excited to continue supporting their growth and innovation.”

Eton Solutions has built a prestigious international client base, including the founders of the world’s leading technology companies, hotel groups, oil and energy companies, entertainment groups, investment firms and more. Its all-in-one technology platform seamlessly connects all data, services and stakeholders within single and multi-family offices-replacing and streamlining a workflow previously made up of several disparate point solutions and manual processes. The company’s ERP platform is additionally used as a white-labeled solution by Institutional clients who manage complex liquid and alternative investments for their clients.

About Eton Solutions
Eton Solutions is a software and services company founded to handle the complexities of servicing ultra-high-net-worth families. Created by family office leaders, Eton Solutions’ flagship product is AtlasFive, an integrated platform with US $1 trillion in assets under administration on its platform that holistically aggregates and manages all your office’s data, reporting, and workflow processes. With one source of truth, Eton Solutions leads family offices into the future by maximizing efficiency and minimizing errors and risk. Eton Solutions has experienced a CAGR of over 100% since its inception.

About Navis Capital Partners
Founded in 1998, Navis manages over US $5 billion in private equity and private credit capital and focuses on investments primarily in Southeast Asia, and selectively in Australia and New Zealand. Navis contributes both capital and management expertise to well-positioned companies with the objective of directing strategic, operational and financial improvements. Navis has one of the largest private equity professional teams in Asia, comprising more than 60 individuals, supported by more than 30 administrative staff, in seven offices across the region. Since inception, Navis has completed over 90 control transactions, of which over 60 have been exited, and consistent with Navis’ investment strategy, the majority of these exits have been to trade buyers.