Tuesday, May 8, 2018

ANB Capital Merges with Anuj Puri’s ANAROCK Property Consultants; Shobhit Agarwal to Head New Entity as MD & CEO - ANAROCK Capital

Anuj Puri, Chairman - ANAROCK Property Consultants and Shobhit Agarwal, MD & CEO - ANB Capital Advisors today announced the formal merger of ANB Capital with the ANAROCK Group to create ANAROCK Capital, which Shobhit Agarwal will head as MD & CEO. The ANAROCK Group’s residential services division has already defined itself as India's leading, fastest-growing and most disruptive consultancy in the industry. With the addition of the Capital Markets vertical, ANAROCK takes a major step forward towards its ambitious expansion plans.

"The Indian real estate market is in its next evolutionary stage, and perfectly primed for ANAROCK Capital," says Anuj Puri. "The firm will fill the massive real estate investment banking advisory gap that exists in a market completely redefined by RERA in terms of how the market operates and who will operate it going forward. Among several other functions, ANAROCK Capital will advise on big-ticket funding, acquisition and consolidation mandates. Shobhit's vast experience and deep-rooted industry relationships will come into play with immediate effect. I take particular pride in announcing the second merger of equals in my professional life - and more are to follow."

Shobhit Agarwal has been a prominent deal-maker in Indian real estate capital markets for over two decades and looks forward to taking the massive stakes involved to the next level. "Our capital markets team consists of well-honed industry experts who are adept at handling multimillion-dollar capital mandates" says Agarwal, who has already traded capital in excess of US$ 10 billion in his previous assignments. "Leveraging the ANAROCK Group's tremendous market penetration and superb operational infrastructure with 10 operational offices in India and 1 in Dubai, ANAROCK Capital will lead the real estate investment banking business from the front. There is over US$ 150 billion of capital to be traded in Indian real estate over the next 5 years - and with our collective expertise, existing exposure and resources, we are perfectly poised to capture a major share of it. "

Building on ANB Capital's existing strengths and expertise, ANAROCK Capital will provide services in real estate investment banking, financial management of big-ticket mergers, acquisitions and restructurings. The firm already provides capital advisory services to some of the country's leading corporations, institutions and state governments, based on a unique business model that eliminates the conflicts of interest inherent to large, multi-product financial institutions and multi-vertical international property consultants.

India's Startup Lenskart Invests in ThinOptics Inc.- A California based Start Up

Lenskart Solutions invests 0.5 Million USD in a California-based start-up ThinOptics Inc. that makes innovative reading glasses that stick on your nose; you can attach them to your phone, keychain, laptop, such that you never forget them.

ThinOptics has a patented designs that allows reading glasses to stay on your nose and you can tweak/mould them to get the best fit. These glasses have no temples, are super slim and look so cool that one can't not notice them on the face. 

Announcing the investment, Peyush Bansal, CEO, Lenskart said: “ThinOptics is a revolutionary product that solves the problem of people forgetting to carry their reading glasses everywhere and often losing them too. At Lenskart, our vision is to revolutionize eyewear and, hence, this investment fits that vision. We have been testing ThinOptics with Indian consumers for last few months and the response has been phenomenal. Almost all users come back and order a second pair! With this investment, we intend to work closely with ThinOptics’ California team for growing the India market as well as bringing more innovations in this area. I am excited about this investment.”

“We’ve been partners with Lenskart since 2015, and have been so pleased with the progress we’ve made together in the India market, we elected to deepen our relationship in 2018,” says David Westendorf, ThinOptics CEO. “With this Lenskart investment, we will continue to evolve our product portfolio to serve the sophisticated needs of India eyewear customers. We will be making several new product announcements in the coming months that deliver on our brand promise to always have our glasses within reach, on the items you never leave home without: your phone, your wallet and keys.”

This is Lenskart's third investment in less than a year. The company, in September 2017, invested in Ditto, which is an augmented reality technology for trying frames online. Just recently, Lenskart also invested in 6over6, an Israel based start-up, working on enabling eye exams through the Android phone. The company is clearly going after innovation centered around eyewear and has made a dominant mark in the Indian eyewear industry.

Lenskart is now the largest optical retailer in the country with 5 million plus App downloads, 410 stores, 200 home opticians. Company claims to ship 300,000 eyewear per month which is the largest in the country now.

ThinOptics products are now available on Lenskart website and App.

On Mother’s Day, JOHNSON’S Collects Emotion-Stirring Stories from 356 Mothers from Karnataka on an Exclusive Platform Provided

Leading baby care expert, JOHNSON’S celebrates 125 years of providing and enhancing baby care across the globe through its most-loved products. The brand dedicated this year to engaging with and listening to mothers who have shown their unwavering trust and love in the brand. As a run down to Mother’s Day, JOHNSON’S reached out to millions of mothers across the country to hear their experience of always providing the best of baby care, and received 24000 heartwarming stories through calls and their social media platforms in just 2 months. These calls came from across all generations of mothers with only one goal uniting them all, wanting ‘Best for Baby’.


In India, JOHNSON’S Baby is the most preferred  in the baby care category with most doctors in India using Johnson’s for their own babies. The pioneering science and research that goes into the products are pivotal in leading the standards in baby care around the world.

The most beloved baby care brand received a total of 1491 calls from the south region. Out of the total calls, there were many touching stories by mothers that reinforced the brand’s connect with the mothers emotionally.

A humbling number of 356 mothers from  across Karnataka itself shared their best for baby care stories and showed their undying support and love for the brand while sharing precious moments with their babies and reminiscing their own childhood.

One mother from Bangalore, Dalia Choudhury shared her heart wrenching story of how she lost her baby boy at only 11 days old to congenital heart issues. Her baby boy fought very hard and was extremely brave through those trying times. The smell of Johnson’s baby products is what remains as the memory of her lost little boy and every time she gets a whiff of the very same smell she is taken back in time when she was holding her baby close to her heart where he will always remain.

“Our age old tradition of listening to moms and healthcare professionals along with experts has empowered us to understand and innovate to benchmark industry standards.  On this journey of 125 years, we are proud to have evolved with mothers and their evolving needs to do what is best for their baby. As a part of this campaign, we have engaged with over 25000 mothers to hear what their best baby care story is. Like parents, we are never satisfied with “good enough” and hence we will strive to do what is best for the baby each day.” - Dimple Sidhar, Vice President — Marketing, Consumer Products Division, Johnson & Johnson India.

This is another testimony to the trust and love that the brand enjoys in India where a record-breaking number of 25000 Indian mother-baby stories have been collected in a period of just 2 months.

iVVO Announces Exclusive 201-Day Replacement Guarantee and 455 Days of Product Warranty for its Smart Feature Phones

iVVO, a pioneering communications company and the latest entrant in the Indian mobile phone market, will cover all of its mobile phones with an additional 201-day replacement guarantee along with a 455 days product warranty. iVVO is a subsidiary of BRITZO and specializes in technologically-evolved smart feature phones as well as cost-effective yet feature-intensive smartphones. The mobile phone provider had earlier come to spotlight for its innovations in 

Information and Communication Technologies and a unique approach to empower the rural India. Pradipto Ganguly, CEO & Co founder, BRITZO, said, “Service assurance is the most elementary need of any consumer who aspires to purchase the product. This is precisely the reason why we’ve established a strong network of service outlets throughout the nation, considering the target segment that we’re catering to. Now, as the infrastructure has been put in place, we’re taking our mission to digitize the Indian rural heartland a step forward by offering our customers an unsurpassed service security.”

iVVO has launched a total of seven smart 2G feature phones that are segmented across five product categories, namely BEATZ, PRIMO, SELFEE, TUFF, and VOLT; two Android Oreo (Go) 4G smartphones under the product category of Storm Pro & Storm Lite and plans to launch the 4G feature phone ‘Skipper’. It also eyes establishing a strong channel network comprising 200 direct and indirect partners, 20,000 retailers and already has over 900 service centres across India to provide superlative brand presence and after-sales services. All of the products offered by the brand have been priced between Rs. 649 and Rs. 5,999.

Ganguly further added, ‘’iVVO is offering its customers an exclusive 201-day hassle free replacement guarantee along with a 455 days of product warranty. We’re confident that this step will do justice to our company’s motto of offering ‘Peace of Mind’ to our customers and generate the desired assurance amongst them, while helping us build an equitable, digital India.”

The company is driven by the vision to bring about a complete reversal of order within the market. It aims to target innovative, state-of-the-art offerings directly to rural geographies and later unveil them for urban regions, instead of the contemporary trickle-down approach followed by most industry players. The company has already announced about its assembling unit in Greater Noida and has mobilized Rs. 100-crore towards the Make in India initiative.

Network Intelligence Sees Exceptional Business Growth in FY 2017-18

Riding the wave of rapidly increasing demand in cybersecurity, Network Intelligence – a global cybersecurity firm saw its business grow by 48% over the previous year.

The company saw a 100% increase in its managed security services plus a strong 100% customer retention for all of their annual contracts. The big wins of the year comprised many multinational organisations availing the SOC services of the company. In the Middle East, the company by a strong 60% YoY, making it one of the most successful years for the company. Globally, Network Intelligence has amongst its clients, leaders in the BFSI, IT&ITES, Ecommerce, Oil Gas and Power space. In mid-2017, the company setup an office in the USA and has seen regular business coming in from the region. Recently, the company opened its Singapore office to service the fast-growing Asia Pacific market and its already making big inroads.

Besides, globally launching its in-house developed Automated Solution for Firewall Analysis & Configuration Management – Firesec and its Big Data Security Analytics Platform – Insights, in 2018-19, the company plans to introduce new security services including, Cyber Range, Critical Infrastructure, Cyber Insurance and Identity and Access Management

Speaking on the growth of the business, the CEO of the company, K. K. Mookhey said that “This company started as a one-man show way back in 2001. Today we are 430+ people with a global footprint and consistently growing at 40-50% CAGR. With an increased demand in security as a service and strong push of cybersecurity compliances, we aim to achieve similar growth levels in the foreseeable future. The region’s cybersecurity market is expected to breach the USD 30 billion mark by 2020 and our goal is to have a significant share of that pie.”

Enjoy the stadium like experience with the Mitashi Curved LED TVs this IPL Season

It’s the time of the year to watch your cricketing warriors and cheer for their victories. This IPL season don’t hold back, bring out your inner fan and experience the thrill right at your home with Mitashi Edutainment’s Television line. If theatre like experience is what you are looking for then the curved range of TV by Mitashi is perfect for you. This cricket season simply get yourself an immersive viewing experience with Mitashi TV and immerse yourself in the game.

Gear up and wear your team’s jersey hold on that popcorn and watch the IPL action unfold in your living room with Mitashi’s Curved LED TV range which gives you lifelike experience while watching a super energizing match at home with your friends on Mitashi’s range of Curved LED TVs with sizes like – 32-inch and 39-inch. If you want an even more immersive viewing experience, then Mitashi’s 50-inch and 55-inch curved LED TV is your thing. Enjoy the 4K picture quality and sound quality to experience the sound of victory as strong as it would sound in the stadium, when your favourite team wins.

Mitashi’s Television line comes loaded with features like the USB Movie plug-and- play, HDMI input, PC input, built-in Wi-Fi and screen mirroring and much more. The range starts from MRP Rs. 27,990 for 80.1cm (32 inch) and Rs. 39,990 for 97.79cm (39 inch) whereas Rs. 57,990 (50 inch) and Rs. 79,990 (55 inch) for the curved range

Rakesh Dugar, Chairman and MD – Mitashi Edutainment Pvt. Ltd. said, “Mitashi is working towards creating immersive viewing technology. Taking this vision forward, we launched a whole new range of Curved, Smart LED TV’s for smart world. Our association with Rajasthan Royals for this 6thtime during IPL has made it an important part of the Mitashi family as it is an integral part of so many people who would watch IPL every year at their homes comfortably due to our innovations, like an immersive viewing experience with Mitashi’s curved LED range this year. The curved screen makes the image more real, gives the wider field of view, greater depth, sharper images and richer contrast that further accentuate the viewing. Our product innovations are bound to transform the way you experience television. Bring it home, and see how your world changes!” The IPL season is the best time to be entertained at home with your folks in the comfort of your sofa with the best from Mitashi Edutainment.

Toyota Kirloskar Motor (TKM) Opens Admissions to Toyota Technical Training Institute (TTTI) for 2018-19


Toyota Kirloskar Motor (TKM) has announced the opening of admissions for the academic year 2018-19 of Toyota Technical Training Institute (TTTI), a dedicated 3-year program that provides opportunities for intelligent students from economically weaker sections across Karnataka to become skilled technicians in auto manufacturing and plant administration.

Commenting on the announcement of this academic year’s admissions to TTTI, Sailesh Shetty - Vice President of Toyota Kirloskar Motor, said, “TTTI over the last 10 years has established itself as a center of excellence for skill development in the area of mechatronics, weld paint & assembly. Our students have represented India in the World Skill Olympics held at Abu Dubai last year and have won the bronze medal in prototype modeling & medallion of excellence in mechatronics. Students are trained on global manufacturing practices & TTTI has accordingly been selected as one of the training institute, under Japan India Manufacturing [JIM] skill transfer promotion program.”

Sharing his experiences, Lokesh - TTTI Student, said, “The training and the best practices shared at TTTI has been excellent & it has transformed me to become an industry-ready employable citizen. I witnessed an overall personality development in self including physical fitness, communication skills, technical know-hows & manufacturing skills. As a part of the TTTI curriculum, the on-job training in the shop floor has given me an insight of the real-working experiences, to develop as an ideal employee. I thank TOYOTA for giving me this wonderful opportunity”.

Admission to the 12th batch of TTTI is open to male candidates only (at present) from economically backward sections of the society, from across the state of Karnataka. Aspirants between the age of 15-17 years (as on 15th July 2018) and have cleared SSLC in their first attempt with 50% overall and 50% in Mathematics and Science each are eligible to apply.

Further details on this year’s application are given below:
1 Entrance Exam Locations
·         Hubli, Karwar, Shivamogga, Hassan, Kundapura, Tumkur & Bidadi
(may please call @ +91 9591999668 for Centre address)
·         Eligible candidates can attend Entrance Exam in any one of the nearest city
2 Documents to be Brought on the Day of Entrance Exam
·         SSLC Marks Card or Temporary SSLC Marks Card attested by the School Headmaster (Original + 1 photocopy)
·         SSLC Hall Ticket
·         4 passport size photographs
Note: Those who have completed or holding only other formal Degree/ Diploma/ ITI certificates are not eligible to apply.
The selection procedure which starts soon after the SSLC result announcement (during May ’18) includes a written test, skill test, physical test, assessment test, interview, medical test and antecedent check.

The three year full-term apprentice residential training in Automobile Manufacturing has four courses namely Automobile Assembly, Automobile Weld, Automobile Paint and Mechatronics.

The training curriculum at TTTI is a unique blend which focuses on the holistic development of Knowledge (16%), Skill (34%), Body and Mind (50%) of the students.

Toyota Kirloskar Motor has been instrumental in promoting skill development in the automotive industry through various innovative programs. TTTI is one such step by the company towards helping talented youth from rural Karnataka in improving their quality of life and making them more employable thereby promoting a robust economy in the country. The institute has provided training to close to 530 students from across the state.

Training at TTTI is not restricted to classrooms and workshops alone. TTTI exclusively emphasizes on over all development of the trainees as per industry requirements & towards “Perfecting people” and there by contributing young multi skilled, energetic, ideal students to the nation.

At the completion of the training,
v  Students are getting certification from Toyota Kirloskar Motor Pvt. Ltd.
v  Students are getting a privilege to appear for NAC (National Apprentice Certificate) exam , certification from ASDC (Automotive Skill Development Council) and certification from JIM (Japan India Institute for Manufacturing)
During the course, students will be given the opportunity to take part in various national and internationals competitions like National Skill Competition and World Skill Competition (Skill Olympics).

Highlights of Key Achievement:
v  Student are getting an opportunity to participate in National Skill Competition & World Skill Competition (Skill Olympics) in 3 categories namely - Mechatronics, Car Painting , Prototype Modelling
v  TTTI 2011 batch student secured 4th position in World Skill Competition 2015 held at Sao Paulo, Brazil & won “Medallion of Excellence”
v  TTTI student secured 3rd position (Bronze Medal) in Prototype Modelling & Medallion of Excellence in Mechatronics in World Skill Competition 2017 held at Abu Dhabi.

For more details on TTTI, please call on +91 9591999668 visit the website http://www.toyotabharat.com/toyota-in-india/ttti/

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