Monday, February 14, 2022

Cult.fit Partners With International Fitness Chain Gold’s Gym; Acquires India Business To House Multiple Fitness Brands For Expansion


* Cult.fit strengthens its position as a house of brands with multiple fitness options for the customers adding to portfolio brands: Cult and Fitness First

* Cult.fit will focus on independently growing the Gold’s Gym brand, scaling revenues of existing Gold’s Gym centres, and enabling further expansion using the franchise model

* Cult.fit currently operates 350+ owned and partnered centres in 25+ cities in India; this strategic partnership with Gold’s Gym will significantly expand its footprint and offering across India and further strengthen its leadership position

Cult.fit, India’s largest health and wellness platform, has picked up a majority stake in F2 Fun & Fitness India Pvt Ltd, thereby becoming the master franchise partner for Gold’s Gym in India. This investment by Cult.fit will be instrumental in reinforcing the company’s strong commitment to building the largest fitness & wellness ecosystem in India.

Going into 2022, Cult.fit endeavours to continue scaling its business nationally, across non-metro cities and towns, as well as house brands like Gold’s Gym into its network to further propel their growth in the coming years.

The second largest player in fitness with 140+ outlets in 90+ cities, Gold’s Gym, like Cult.fit, is an immensely popular fitness chain enjoying high brand recall. It also has proven success across metros, as well as Tier 1, 2 and 3 markets, along with multiple long-term franchise partnerships. As part of this strategic partnership, Cult.fit will be investing in scaling the revenue of existing Gold’s Gym centres through top-of-the-line marketing endeavours, and facilitating centre expansion via franchisees in coming years. Cult.fit will also be enabling all the Gold’s Gym centres with its industry leading centre-tech suite and customer app.

Cult.fit with this partnership will also look to expand the Gold’s Gym brand across key geographies such as Sri Lanka, Bangladesh, Maldives, Nepal & Bhutan.

This investment will additionally help augment cult’s single access pass – cultpass – further making access to premium fitness services easier and affordable.

Commenting on the partnership, Naresh Krishnaswamy, Growth and Marketing Head, Cult.fit, said: “Cult.fit has been at the forefront of innovation in fitness with our expertise now spanning multiple offerings both online and offline. Partnering with Gold’s Gym, we will be able to strengthen our network further and offer the best of everything in fitness in one place. Gold’s Gym’s significant experience and sizeable footprint via multiple franchise partnerships paired with our deep-tech expertise and process innovation creates a winning formula for our customers and potential franchise partners. Together, we aim to build immense value into the fitness ecosystem generating top-notch tech advancement, great business opportunities, and better returns for our partners in the long run.”

Nikhil Kakkar, Chief Operating Officer, Gold’s Gym, said: “We are super excited to join hands with Cult.fit to fuel the next phase of growth for Gold’s Gym in India. We have a mission to touch 200 clubs in 24 months. Over the last 19 years, we have been privileged to work with the best partners in the fitness industry to successfully build the Gold’s Gym brand in India. With this partnership, we can now leverage Cult.fit’s strong technology, operations and demand generation capabilities to further empower and enable our high-quality supply to scale. We see this partnership as a great win-win for our passionate franchise partners, enabling faster recovery out of the pandemic and being their partner in growth for the long run. This also allows us to give our loyal customers access to the best of fitness services across the country.”

Bishnu Hazari, Chief Financial Officer at Cult.fit, said: “Our transaction with Gold’s Gym in India comes at a critical juncture for the fitness ecosystem which is just gearing up for recovery following the pandemic. This acquisition greatly reinforces Cult.fit's leadership position in the Indian fitness space. It also provides stronger impetus to our growth going into 2023, and enables us to seriously think about going public.”

Cult.fit is the biggest fitness services provider in India focusing on high-quality and differentiated customer experiences in fitness and wellness. It is also the largest at-home fitness equipment player and has recently acquired RPM fitness, Fitkit, Onefitplus, and Urban Terrain. Cult.fit also recently completed a USD 150 Mn Series F fundraise and entered the coveted ‘unicorn club’.

About Cult.fit

Cult.fit is a health and fitness platform by Cure.fit Healthcare Pvt Ltd and is headquartered in Bangalore, India. Founded in 2016 by Mukesh Bansal and Ankit Nagori, Cult.fit caters to living a healthy life through its critical dimensions — physical fitness & wellness. The platform provides fitness-related services through a mix of online and offline channels. These include offline group workouts at Cult.fit centres and other gym- or equipment-based workouts at partner gyms and fitness centres across the country. Cult.fit also offers online personal training, group workouts, and live fitness classes across various formats.

Cult.fit is an app-based service provider and is available on Android and iOS.

For more information on Cult.fit: www.cult.fit

Garware Technical Fibres Net Profit After Tax Increases By 5.4% In 9 Months Of FY22


Garware Technical Fibres Ltd. (Formerly Garware-Wall Ropes Ltd.), a leading manufacturer of technical textiles for the Indian and global markets, today announced its financial unaudited results for the quarter and nine months ended Dee 31, 2021.

Consolidated: 9M FY22 Highlights:

• Net Sales increased by 19.2% to Rs. 833.1 Cr in 9M FY22 as compared to Rs. 699.1 Cr in 9M FY21

• Profit before tax increased by 4.2% to Rs. 145.1 Cr in 9M FY22 as compared to Rs. 139.3 Cr in the same period last year

• Net profit after tax has increased by 5-4% to Rs. 110.9 Cr in 9M FY22 as against Rs. 105.2 Cr in the corresponding period cf FY21

• EPS for 9M FY22 is at Rs. 53.78 this is a growth of 9.3% over 9M FY21

Consolidated: 03 FY22 Highlights:

• Net Sales increased by 0.7% to Rs. 308.1 Cr in Q3 FY22 as compared to Rs. 278.4 Cr in Q3 FY21

• Profit before tax decreased by 13.7% to Rs. 50.9 Cr in Q3 FY22 as compared to Rs. 59.0 Cr in the same quarter last year

• Net profit after tax has decreased by 11.8% to Rs. 38.1 Cr in the quarter as against Rs. 43.2 Cr in the corresponding period 0' FY21.

• EPS for Q3 FY22 is at Rs. 18-46 this is a decline of 8.6% over Q3 FY21

Management Comments:

In a statement, Mr. Vayu Garware, CMD, Garware Technical Fibres Ltd. said, "This quarter we were able to post a good revenue of Rs.308.1 Cr with a Net profit of Rs.38.1 Cr. This is post a negative mark to market impact in Income from Investments which impacted the profit for the quarter.

The continued steep inflation in Q3 in raw materials and other commodities affected the margins. We have passed on a majority of the raw material and commodity inflationary costs of Q2 in Q3. However, particularly for international business orders booked earlier, there has been some impact. We will continue to pass on further Q3 cost increases with a couple of months lag.

Challenges of the global supply chain disruption as well as unprecedented increase in freight costs are continuing, and it could continue for another quarter as well. This has impacted dispatches and therefore extended the order to cash cycle times with customers. In Q3 we have been able to improve the situation from the Q2 levels, however there is still some order back log to be delivered. The team is working hard towards ensuring this happens in Q4 and we are able to meet all customer commitments.

As stated earlier, we are confident that we should be able to deliver strong results in Q4. We have a strong International business order pipeline with a higher proportion of Value Added Products to support this expectation. "

About Garware Technical Fibres Ltd. (Formerly Garware-Wall Ropes Ltd.): (BSE: 509557/ NSE: GARFIBRES)

Garware Technical Fibres Ltd. (formerly Garware-Wall Ropes Ltd.), an ISO 14001:2015 and ISO 9001:2015 certified company is a leading player in Technical Textiles specializing in providing customized solutions to its customers worldwide. Global 'y, the company is known for its applied innovation in the field of sports, fisheries, aquaculture, shipping, agriculture, coated fabrics and geo-synthetics. The company's products are manufactured in state-of-art facilities at Wai and Pune and marketed in more than 75 countries.

For more information, visit http://www.garwarefibres.com

Harley-Davidson Sportster S Completes The Ulimate 4 Hours Endurance Test


Defined by extraordinary power and performance, the Harley-Davidson® Sportster™ S becomes the first motorcycle in the country to successfully achieve a record of covering 3141 kms in a 24-hours endurance test.

A team of five riders - including National Racers Anushriya Gulati and Vijay Singh along with Vlogger Shubhabrata Marmar joined Malo Le Masson and Vijay Thomas from Hero MotoCorp - to achieve this feat at the world-class test tracks at Hero’s Global Centre for Innovation and Technology (CIT), located in Jaipur in the northern Indian state of Rajasthan.

Supervised by two leading members of Hero’s team at CIT, David Lopez Cordoba - Head of Chassis Functional Development & National Racing Program, and Alex Busquets – Head of Vehicle Validation, the Harley-Davidson® Sportster™ S was put through the test for 24 hours. Both David and Alex bring years of experience in endurance racing all over the world and this proved invaluable in the preparations leading up to achieving this feat.

Starting off the 24-hour clock at 1500 hrs on Saturday, February 5, 2022, the team went through 31 pit stops, which included fuel refill, rider change and fresh tyre changes after every 1000 KM. Every rider completed six runs of an average of 100 km on each run, which was roughly one-full tank of fuel. The team averaged 130.9 km/hr over 24 hours to achieve this feat.

The 1.74 kilometer-long oval high-speed track was specifically chosen to attempt the run to test the limits of both human and motorcycle endurance.

Speaking about the experience Ravi Avalur, Head - Harley-Davidson Business Unit at Hero MotoCorp said, “We recently took the Harley-Davidson® Pan America™ to the highest unpaved motorable road in the world and that inspired us to do something uniquely different with the new Harley-Davidson® Sportster™ S. The team at CIT and Hero MotoSports Team Rally stepped in with all their experience and helped us complete this extremely challenging attempt. It is a strong testament to the quality of this H-D motorcycle to have successfully endured the test and gone further than any other motorcycle in the country in 24 hours.”

Defined by Power, Performance, Technology and Style

At the mechanical heart of the Harley-Davidson® Sportster S is a 121-horsepower Revolution® Max 1250T V-Twin engine that puts the Sportster™ S rider in command of unrelenting, on-demand torque. This new version of the latest Harley-Davidson® liquid-cooled V-Twin engine is tuned to make tremendous torque at low RPM, with a torque curve that stays flat through the powerband – engine performance designed to deliver strong acceleration from a start with robust power through the mid-range.

On styling, every visual design element of the Sportster™ S model is an expression of the motorcycle’s raw power. In profile Sportster™ S model appears crouched and powerful, coupled with subtle yet purposeful details on texture, colors and finishes to give it the look of a custom show bike. The fuel tank and tail section frame the engine as the predominant centerpiece of the motorcycle, while the massive front tire recalls the fender-less front end of a classic bobber.

Finally, the tail section, high-mount exhaust, and slim solo seat draw inspiration from the Harley-Davidson XR750 flat tracker. Celebrating self-expression, riders can choose from an array of Sportster S model accessories and paint colors - Vivid Black; Stone Washed White Pearl; Midnight Crimson.

More than an eye-catching ride, the Sportster™ S model is equipped with a host of technologies designed to enhance the riding experience. Three pre-programmed, selectable Ride Modes (Sport, Road and Rain) electronically control the performance characteristics of the motorcycle, and the level of technology intervention. Two Custom modes may be used by the rider to create a set of performance characteristics to meet personal preference or for special situations. Cornering Rider Safety Enhancements by Harley-Davidson®, a collection of technologies intended to enhance rider confidence during unexpected situations or adverse road conditions, are designed to match motorcycle performance to available traction during acceleration, deceleration, and braking, in a straight line or while in a turn.

More information on Harley-Davidson® Sportster™ S model can be viewed at www.harley-davidson.com. 

About Harley-Davidson         

Harley-Davidson, Inc. is the parent company of Harley-Davidson Motor Company and Harley-Davidson Financial Services. Our vision: Building our legend and leading our industry through innovation, evolution and emotion. Our mission: More than building machines, we stand for the timeless pursuit of adventure. Freedom for the soul. Since 1903, Harley-Davidson has defined motorcycle culture with an expanding range of leading-edge, distinctive and customizable motorcycles in addition to riding experiences and exceptional motorcycle accessories, riding gear and apparel. Harley-Davidson Financial Services provides financing, insurance and other programs to help get Harley-Davidson riders on the road. Learn more at www.harley-davidson.com. 

About Hero MotoCorp Ltd.

The New Delhi (India) headquartered Hero MotoCorp Ltd. is the world’s largest manufacturer of motorcycles and scooters, in terms of unit volumes sold by a single company in a year — the coveted position it has held for the past 20 consecutive years. The Company has sold over 100 million motorcycles and scooters in cumulative sales since its inception. Hero MotoCorp currently sells its products in more than 43 countries across Asia, Africa, Middle East, and Latin America. Hero MotoCorp has eight state-of-the-art manufacturing facilities, including six in India, and one each in Colombia and Bangladesh. It has two world-class, state-of-the-art R&D facilities — the Centre of Innovation and Technology (CIT) in India and Tech Centre Germany (TCG) near Munich. Hero MotoCorp is the exclusive distributor of Harley-Davidson in India. Hero MotoCorp is one of the largest corporate promoters of multiple disciplines of sports, including, Golf, Football, Field Hockey, Cricket and Motorsports. Fifteen-time Major winner Tiger Woods is Hero’s Global Corporate Partner.

Capri Global Reports Highest Ever Consolidated PAT Of Rs 649mn In Q3 FY’22


AUM - INR 57,736 Mn - 42.2% YoY / 9.5% QoQ

Disbursements - INR 9,064 Mn - 169.6% YoY / 54.9% QoQ

Consolidated PAT INR 649 Mn - 32.0% YoY / 23.7% QoQ

The Board of Directors of Capri Global Capital Ltd. (CGCL), a non-deposit taking and systemically important NBFC (NBFC-ND-SI) announced the un-audited financial results for the quarter ended December 31, 2021.

Earnings

CGCL reported a Consolidated Profit after Tax of Rs 649mn, up 32% YoY. This is the highest ever consolidated PAT surpassing the previous high of Rs 608mn reported in Q2FY21. This was supported by a 45% YoY growth in net income to Rs1,716mn. Net interest margin for Q3FY22 was 10.3%. Expanding branch and people cost was reflected in the 63% YoY growth in operating expenses. However, the cost-income ratio softened on a sequential basis to 38.4%. Despite higher operating expenses, the operating profit growth was noted at a strong 35% YoY, reflecting the strength in core earnings. The annualized RoE touched 14.1% while RoA crossed 4% level after a year to touch 4.2%. The company maintains its +15% RoE guidance for medium term.

Balance Sheet

Disbursals increased 2.7x YoY to touch Rs 9,064mn while the AUM increased 42% YoY touching Rs 57,693mn. The AUM growth was balanced, driven by MSME, Affordable Housing, and Construction Finance segments. The company commenced co-lending arrangement with State Bank of India and Union Bank of India during Dec’21 and expects to generate strong growth through both these channels in the next six months.

Liability Management

Outstanding borrowings increased 25% YoY to touch Rs 41,694mn. Borrowings were long term and well-diversified across 17 lending institutions. The cost of funds was 8.2%, lower 80bps YoY and unchanged QoQ. CGCL is well-funded and maintains a well-matched asset liability profile.   

Asset Quality

Gross Stage 3 ratio was 3%, up 95bps YoY but lower 27bps QoQ. The Gross Stage 3 assets increased marginally over Q2FY22 to Rs 1,724mn. 

Strong Capital Adequacy

Both CGCL and its housing finance subsidiary CGHFL are well capitalized with overall capital adequacy ratio at 35.2% and 30.0% respectively as of Q3FY22.

Founder & Managing Director Mr. Rajesh Sharma Announces CGCL’s Foray Into Gold Loans

“Secured retail lending has been a focus area for Capri Global and the company is pleased to announce expansion of its retail offering by foraying into the gold loan business. Gold loans offer a vast growth potential for organized players. Capri Global, with its expanding reach in Tier 2 and 3 markets in West and North India is well placed to tap into this potential. The company shall be targeting 1,500 branch locations and a gold loan book size of Rs 8,000 crores over the next five years.

CGCL’s Q3FY22 results are once again a testimony to its capability in driving sustainable growth and delivering value to its stakeholders. New products further enhance our growth outlook and put us firmly on path to deliver an overall AUM CAGR of +22% and a RoE of +15% over the medium term.”

Friday, February 11, 2022

Godrej Appliances Introduces Compact Counter-Top Dishwasher For Smaller Families


* Eases dishwashing woes as consumers undergo pandemic induced home isolation across the country

Godrej & Boyce, the flagship company of the Godrej Group, announced that its business Godrej Appliances has launched Godrej Eon Magnus Counter-Top Dishwasher to manage dishwashing requirements of smaller families.

Unlike earlier times, the pandemic has made dishwashers as a category more familiar for consumers at large. However, consumers are still grappling with some concerns: Bulk of India resides as nuclear families today and the apartment culture is catching on across cities. One of the concerns around regular dishwashers is their size which makes them difficult to fit in smaller kitchens. The newly introduced compact dishwasher fits over the counter or on the tabletop easily without occupying floor space. Another question that small families tend to grapple with is whether they need the regular sized dishwasher given their limited dishwashing needs. The Godrej Eon Magnus Counter-Top Dishwasher is an 8 place-setting compact model that can wash all the regular dishes for 2 – 3 membered families easily.

The model is lean in its size but comes loaded with features such as Intensive 70°C germ free wash program for normal to heavily soiled dishes with dried on food; Lite 90 for normally soiled dishes needing a quick wash, Quick 35 for lightly soiled loads that don’t need drying, Delicate for lightly soiled crockery and glassware; Delay start for up to 24 hours, Silent wash, 2 spray levels, interior lighting, easy-to-use control panel apart from higher drying efficiency. To take care of the growing need among consumers with respect to disinfection, this dishwasher has an in-built heater and an anti-bacterial filter that gives a hygienic and squeaky-clean wash. Also contrary to the popular belief that dishwashers consume a lot of water, the Godrej Eon magnus series of counter-top Dishwashers can be operated in an eco-wash mode which uses as little as 8 litres of water per cycle of wash.  

Commenting on the product launch, Kamal Nandi, Business Head and Executive Vice President – Godrej Appliances, part of Godrej & Boyce said, “As always, we are constantly working towards products that are relevant to consumers. The Godrej Eon Magnus series of counter-top dishwashers is yet another offering which caters to the needs and concerns of today’s consumers. With hygiene, convenience and efficiency at its heart, it delivers a better way to do the dishes to everyone needing a more compact dishwashing solution.”

Further, Rajinder Koul, Product Group Head – Dishwashers, Godrej Appliances, said, “Our newest offering of Godrej Eon Magnus counter-top dishwasher not just ensures a great wash performance, but as is expected out of every Godrej product, it is also environment friendly with A+ Rating as per European standards. It saves water and energy and coupled with its great features it is indeed true to our philosophy of things made thoughtfully. Designed for small families, keeping in mind the changing lives of consumers the product is particularly relevant in today’s time.”

The dishwasher which comes with 2 years of comprehensive warranty is currently available in two elegant colours -Silky Black & Silky Silver starting at MRP Rs. 27,490/- on Amazon and will soon be available across other ecommerce platforms as well as all the leading stores pan India. Currently the platform is also offering no cost EMI and exchange offers.

About Godrej Appliances:

Godrej Appliances, a business unit of Godrej & Boyce, is one of the leading Home Appliances players in India. Godrej & Boyce was the first Indian Company in 1958 to manufacture Refrigerators and since then Godrej Appliances has expanded its portfolio across many other categories like Washing Machines, Air Conditioners, Microwave Ovens, futuristic Thermo-electric cooling solutions, Air Coolers, Deep Freezers, highly specialized Medical Refrigerators and more recently, UVC Technology-Based Disinfecting devices and Dishwashers, all powered by the driving philosophy of 'Things Made Thoughtfully’.

This thought extends from human-centric design to planet centric design. Environment is a core value at Godrej. Both manufacturing units of Godrej Appliances became the first in the country to win the coveted Platinum Plus Green Co certification for their pioneering green manufacturing practices. The brand takes pride in not just its carefully designed products and environment-friendly technologies, but also best in class after-sales service delivered through over 680 service centers and more than 4500 SmartBuddy service experts spread all over the country.

To learn more visit : https://www.godrej.com/godrej-appliances 

Great Lakes Institute Of Management Organized “The 12th Great Lakes-Union Bank Finance Conference


* “The concern today is the low interest rates and enormous liquidity available in the system as is it could potentially disrupt financial stability”, Former Governor of RBI, Dr Duvvuri Subbarao. 

Great Lakes Institute of Management organized its 12th Great Lakes-Union Bank Finance Conference. The event was held virtually with Dr. Duvvuri Subbarao, 22nd Governor of Reserve Bank of India and Former Finance Secretary, Ministry of Finance, Government of India, delivering a talk on 'Policy making dilemmas during turbulent times'.  

At the event, Dr Suresh Ramanathan, Dean, Great Lakes Institute of Management said, “Dr Subbarao was a master of crisis having shepherded the country and its economic policy through one of the worst crisis the world had ever known. What happened in 2008-2009, finds some form of repetition in the events of the last two years. A different form of a crisis, but a crisis none the less. Various sectors of the economy have been affected, policy as a whole has been impacted.” 

Dr Subbarao shared his experiences with students and narrated how he began his career at RBI in the midst of an economic crisis. Some of the challenges he faced at that time include the Global financial Crisis (2008-2009), Eurozone sovereign crisis (2010-11), Stagflation scare (2012) and Taper tantrums (2013). 

He said that the five major dilemmas he faced were the global financial crisis, managing monetary policy, managing communication, managing the exchange rate and managing regulation. One of the main challenges he said was, “The market was not offering me credibility. I as an inexperienced governor lead the Reserve Bank through this extraordinary crisis.”  

Elaborating on the current scenario, he said, there was tension between growth and inflation. “The dilemma for the Reserve Bank today was how does it support growth at the same time maintain low and steady inflation. The mandate of the RBI is to maintain a balance and deliver on Price stability, that is, low and steady inflation and at the same time support growth. The instrument available is repo rate.” He also explained about the tension between giving what both savers and borrowers need. “The concern today is the low interest rates and enormous liquidity available in the system is it could potentially disrupt financial stability”, Dr Subbarao said.  

He commented that the challenges of managing monetary policy was juggling between maintaining price stability, supporting growth/employment, preserving financial stability and all this in a globalizing world.  

Dr Subbarao stressed on the importance of communication from Central bank. “Central bank communication is a very potent tool. But until recently, Central banks have been reticent about using communication as a policy tool. Markets pay very close attention to what central banks say. They analyse every word, turn of phrase and nuance.”  

Later, he interacted with students of Great Lakes Institute of Management answering several of their questions.  

The lecture was followed by a panel discussion by Mr. Saurabh Mukherjea, Founder and Chief Investment Officer of Marcellus Investments along with his team members Rakshit Ranjan and Salil Desai on their book 'Diamonds in the Dust - Consistent Compounding for Extraordinary Wealth Creation.'  

The event was conducted on zoom and was streamed live on the management institute’s official YouTube channel. It witnessed an enthusiastic participation from students and faculty alike.  

Phoenix Marketcity Announces “Love Feb” To Celebrate The Cupid Season


Watch out, Cupid! Valentine’s Day is just around the corner. Excitement is in the air and Phoenix Marketcity is all set to welcome the festival of love with its month-long celebrations, aptly named "Love Feb". This gala will showcase a multitude of attractions—from thematic décor to beautiful lighting, from stunning Instagram-able installations to non-stop entertainment with popular DJs, bands, and more, complete with tons of attractive gifts and prizes. The festival of Love Feb is all about celebrating Love for food, love for music, love for shopping, love for movies, love for celebration and love for all things glittering. 

Bengaluru’s favorite mall will delight all new lovers, couples, family, and friends through its astoundingly beautiful "LOVE CHARIOT" installation, which allows customers to get a chance to win exciting prizes through its "Shop, Click, and Win" proposition. 

And to top it all off, to indulge with young couples, family, friends, and foodies from across the city, Phoenix Marketcity will be hosting a 2-day ‘Hearty-Party’ food festival on the 12th and 13th of Feb, replete with delectable food stalls with lip-smacking baked, grilled, and desi-style food, along with the most loved sweets and savories from across the nation. 

When it comes to its customer experience and being pampered, Phoenix Marketcity always rises to the occasion and provides unbeatable offers. With all the festivities, Phoenix Marketcity is also offering a chance to win romantic couple dinners, holiday vouchers (for stay), jewelry including pendants, silver coins, luxury watches and more, on shopping for Rs. 10K and above. 

That’s not all. One can groove to the foot tapping live music performance by the renowned movie playback singer "Sangeetha Ravindranath" on Feb 12th, who will enchant people with her melodious voice and pump adrenaline with her energetic live performance. 

On Feb 13th, Vipul Khurana, one of the best DJs in India will perform live to set your foot tapping and have you groove to his beats. 

With a host of safety initiatives in place, Phoenix Marketcity invites all its patrons to be a part of this magnificent festival to shop their hearts out, and at the same time win over the hearts of their special someone! 

About Phoenix Marketcity Bengaluru 

Classified as a “Larger Lifestyle Engagement Destination”, Phoenix Marketcity Bengaluru offers visitors an array of unforgettable experiences. With its truly international look and feel, tastefully done interiors, and the best of food, fashion, and entertainment from the world over, Phoenix remains ‘The’ destination for the premium discerning customers of the city as well expats. With over 300 stores, representing an exhaustive mix of International, National and Regional premium brands, the mall offers the most comprehensive and compelling lifestyle shopping experience in Bangalore. More than just a Mall, Phoenix Marketcity, Bengaluru is in fact a veritable melting pot of fascinating cultures, beautiful clothing, and high-end couture. It is a city within a city, an urban space where retail, entertainment and leisure offerings co-exist. 

Total Pageviews