Teamlease Regtech Releases ‘Simplifying Compliance Management For The Retail Industry’ Report

* The report highlights that retail chains with multiple stores across different cities and states face more than 3,000 compliance requirements and offers recommendations on compliance management 

TeamLease Regtech, India’s leading Regulatory Technology (Regtech) solutions company, has released its report titled ‘Simplifying Compliance Management for the Retail Industry.’ The report provides an overview of the compliance complexity and challenges faced by entrepreneurs and employers in the retail industry. It also delves into the recent policy reforms to provide insights into the industry's future outlook.

The retail industry contributes over $1.3 trillion, equivalent to 10% of the national GDP, and employs more than 35 million people, accounting for 8% of the workforce. Despite its crucial role in the economy, only 12% of the industry is organised. Teamlease Regtech’s report sheds light on the regulatory challenges and compliance management obstacles faced by employers in the industry. 

FMCG, apparel & footwear, and consumer electronics are the largest retail segments, constituting 65%, 10% and 9%, respectively. The report highlights that retail chains with multiple stores across different cities and states face more than 3,000 compliance requirements. These include maintenance of records, returns, and filings under the Payment of Bonus Act, 1965; Minimum Wages Act, 1948; Employees’ State Insurance Act, 1948; Contract Labour (Regulation and Abolition) Act, 1970 and Bureau of Indian Standards Act, 2016 among others. 

Rishi Agrawal, CEO and Co-Founder, Teamlease Regtech, said,  “India’s retail industry is a major sector of the economy that is going to be critical in the nation’s quest to breach the $10 trillion GDP mark by the end of the decade. Household consumption has already crossed $1.75 trillion, and we now rank third in the world in Purchasing Power Parity (PPP). The coming years will see explosive growth in the number of high-income and middle-income households, which will further drive consumption. In terms of retail consumption, the shoppers in tier 2 and tier 3 cities have overtaken the metropolitan cities. The union government has identified the massive potential hidden within the unorganized segment of the retail sector. The national retail trade policy, ONDC, and e-commerce policy are laying down the necessary pipeline to facilitate the transformation of the retail sector. With this report, we look at the intersection of digital technology and the retail industry. It reveals how compliance management will be the key to building trust and improving the ease of doing business for entrepreneurs.”

Predominantly, the overarching legislation for the food retail segment includes the Food Safety & Standards Act, 2006 and Food Safety & Standard Rules, 2011, Food Safety & Standards Act, 2006 & Food Safety and Standards (Licensing and Registration of Food Businesses) Regulations, 2011 and Food Safety and Standards Act, 2006, Food Safety and Standards (Packaging) Regulations, 2018, and among others. In addition, they also need to abide by the compliances under the Insecticides Act, 1968 and Insecticides Rules, 1971.

The report reveals that an enterprise operating a retail chain must comply with at least 1,666 labour-related, 463 environment, health & safety-related and 402 industry-specific compliances. Tracking and managing all applicable regulatory obligations can be exceedingly complex when done on an ad hoc basis with Excel sheets that are dependent on people. The report concludes with recommendations for compliance reforms that can further improve the ease of doing business and provide new-age solutions for employers to manage compliance effectively.

About TeamLease RegTech

TeamLease RegTech is India’s leading regulatory technology company transforming Compliance. Its cloud-based, multi-tenant, web and mobile Compliance SAAS solution tracks all compliances and now has advanced workflows for automation of Labour and Secretarial compliance. Trusted by over 1500 entities and 25,000 enterprise users in 45 industries, the company envisions a national open compliance grid towards a cashless, paperless and presenceless compliance in digital India. As a subsidiary of Teamlease Services, the company continues to empower Corporate India to stay on the right side of the law.

Godrej Interio Partners With KMRCL For The Interior Work At The Metro Stations For India's Deepest Metro Corridor In Howrah, Kolkata

Godrej & Boyce, the flagship company of the Godrej Group announced that its business Godrej Interio, India’s leading furniture solutions brand, in home and institutional segments, has accomplished the interior design and implementation for the metro stations located within the deepest metro corridor in Howrah, Kolkata. This achievement extends to both the residential and institutional sectors.

odrej Interio partnered with the Kolkata Metro Authorities to undertake specific construction activities, including civil work, glass work, plumbing and raised access floors. This underground metro station showcases Godrej Interio's engineering expertise and dedication to executing complex, technically challenging and pioneering infrastructure projects within the stipulated timeframe demonstrating the brand’s commitment to delivering high-quality results. Godrej Interio is committed to strengthening its market position by providing complete end-to-end solutions in the infrastructure sector.

Swapneel Nagarkar, Sr. Vice President & Business Head, Godrej Interio said, “The infrastructure sector is a significant driver of the Indian economy. Infrastructure development is essential for India to achieve its goal of having a $5 trillion economy by 2025[1]. In line with the Make in India mission, Godrej Interio has consistently played a leading role in nation-building. This metro station will be operational by the end of this year, and will provide fast and convenient transportation to nearly 7 lakh commuters. By collaborating closely with KMRCL and metro rail corporations, we aim to deliver an exceptional commuter experience, utilizing our expertise in turnkey solutions. Our efforts contribute to India's vision of establishing a robust public transportation network throughout the country. At present, our Turnkey Projects business accounts for 22% of our B2B segment turnover, and we anticipate a 20% compound annual growth rate until FY25."

Godrej Interio, for the FY ending 2023 clocked INR 2700 Cr revenue. Their turnkey infrastructure solutions business has successfully secured revenues of over INR 100 Cr during the same fiscal year. Godrej Interio’s projects line of business, of which turnkey infrastructure solutions is a part, has been working with the various metro rail corporations and government authorities for projects like the Kochi Metro, Mumbai Metro line 2A and so many more, have clocked a sizeable revenue of INR 335 Cr worth infrastructure projects in FY23.

With a proficient team of architects, interior designers, and project managers, Godrej Interio collaborates closely with various metro corporations to deliver a seamless experience with best-in-class execution. Their wide-ranging offerings encompass general contracting, design, and execution services, covering interior design, MEP, security and surveillance, as well as AV systems.

About Godrej Interio:

Godrej Interio is India’s leading premium furniture brand in both home and institutional segments with a strong commitment to sustainability and centers of excellence in design, manufacturing and retail.

Led by the largest in-house design team in the country in the furniture category and awarded with 34 India Design Mark Awards till date, GODREJ INTERIO aims to transform spaces with its thoughtfully designed furniture to create brighter homes and offices with products that have the highest design quotient in aesthetics, functionality and technology. With consistent pursuit of excellence and a special focus on health and ergonomics, GODREJ INTERIO’s product portfolio comprises of a wide range of solutions

Today, Godrej design and manufacture furniture for office spaces, homes, educational institutes, healthcare facilities, laboratories and more. Along with furniture, the company offers Audio Visual and 360 Degree Turnkey solutions. Each of our product range revolves around comfort and aesthetics while delivering well-designed, long lasting and functional furniture solutions. In short, Godrej Interio helps the consumers to make every space the perfect setting for their myriad moods and moments.

Currently present in over 450 cities with 450 exclusive showrooms and 520 dealer outlets, is one of the largest divisions of Godrej & Boyce Mfg. Co. Ltd., part of the Godrej Group, one of India's largest engineering and customer product groups.

Godrej Interio has 7 manufacturing facilities situated at Mumbai, Khalapur, Haridwar, Shirwal, and Bhagwanpur. GODREJ INTERIO is widely known for its comprehensive sustainability certifications for its products in furniture category.

TECNO Revolutionizes Smartphone Photography Brings RGBW Pro Sensor Via CAMON 20 Series

·         The CAMON 20 series brings spectacular low-light photography and an impressive video stabilisation experience 

·         The new series includes 3 spectacular smartphones -CAMON 20, CAMON 20 Pro and CAMON 20 Premier 5G, out of which CAMON 20 Premier 5G would be launched in India at the end of June 2023

TECNO, the premium technology brand unveiled its highly anticipated CAMON 20 series, which establishes ‘Ultimage- the future of imaging technologies’ experience. The CAMON 20 series was officially unveiled in a captivating blend of technology and fashion at the exciting 'CAMON Explorer Lounge'. This exclusive event took the form of a fashion experiential expo held at The Leela Ambience in Gurugram, creating a unique platform for over 100 influential content creators to witness the unveiling first-hand.

The globally revered CAMON 20 series is meant for Zillenials who are enthusiastic to experience disruptive camera capabilities. Additionally, the phone has unforgettable looks & design because of its leather finish and reflective dual-appearance back panel.

Aligned with its segment-first philosophy, CAMON 20 Premier 5G would bring spectacular portrait video and night photography experience with the industry’s first Combination of Sensor-Shift OIS Anti-Shaking Technology with 50MP RGBW Pro sensor and proprietary AI algorithms which will disrupt the mobile photography segment and set it apart from its competition.

Speaking on the advent of the CAMON 20 series in India, Arijeet Talapatra, CEO, TECNO Mobile India mentioned, “TECNO has changed gears and has started making strong inroads in the premium segment by bringing best-in-class technology in our smartphones for our users at much accessible price points. Through our CAMON portfolio, we continually strive to push the boundaries and revolutionize the photography experience. With the CAMON 20 series, we present a solution for those seeking exceptional night photography capabilities, delivering sharper and more detailed pictures in any lighting situation. This new camera-centric range of smartphones brings together innovative imaging technologies delivering advanced portrait and video capabilities that let users record those emotional motion moments in sharper detail, while its striking aesthetic design and powerful performance complete an all-around exceptional user experience.”

Key USPs of TECNO CAMON 20 series:

·         Ground-breaking Innovation in Design and Display

1.       Puzzle design- Inspired by the deconstructionist genre of postmodern architecture, TECNO fuses the aesthetic concepts of international fashion brands and pioneering designers and creates the unique CAMON PUZZLE design.

2.       AMOLED Display- Enjoy a 6.67” FHD+ big AMOLED dot-in display with a 100% DCI-P3 wide color gamut for sharp colors on screen

3.       Fingerprint sensor- Premium in-display fingerprint sensor that gives 99.8% recognition accuracy and 0.35 sec faster unlock

·         Unlock Your Inner Photographer with unprecedented photography capabilities fusion

1.       RGBW Pro- TECNO's innovative RGBW Pro technology has enhanced the hardware by increasing the aperture size by 56% to make it 1/1.5 inch and increased pixel size from 0.8 µm to 1.0 µm so that 208% more light intake to be captured in low-light conditions. The 1G+6P lens increases the light intake when it reaches the main sensor by replacing one of the plastic lenses with a glass one. The night images captured has 33% less noise.

2.       Portrait Master- TECNO's premium series of smartphones provide a lifestyle-oriented approach to photography with the Portrait Master. Users can easily capture stunning portraits for a "one shot perfect photo" experience

3.       Sensor shift- TECNO has incorporated SLR camera in-body image stabilization into the CAMON 20 Premier 5G. The devices with Sensor-Shift OIS Anti-Shaking Technology can compensate for shakes up to 5,000 times per second

·         Uber powerful performance for unparalleled efficiency

1.       Processor- Among the industry's very first batch devices to be armed with MediaTek's new Dimensity 8050 processor, CAMON 20 series brings the chip-makers signature power with an advanced 6nm octa-core architecture

2.       Storage RAM/ROM- Enjoy snappier app response, smoother gameplay, and faster scrolling with large 16GB RAM. Its 8GB LPDDR4x RAM with up to 8GB Virtual RAM makes 16GB Large RAM for the smooth operation of any kind of robust task. Up to 512GB Ultra Large Internal Storage provides a seamless and fast data experience at every moment

3.       Battery + Fast charging- CAMON 20 series features Li-Polymer 5000mAh Battery coupled with up to 45W flash Charger that lasts an entire day.

Team Computers Along With Nutanix And Red Hat Hosted- “Modern Infrastructure For Modern Apps”

With new technologies and applications emerging every day, companies are struggling to keep up with the ever-evolving digital landscape and need modern infrastructure solutions, which are secure and reliable and can help them stay competitive. 

In line with this Team Computers, one of the leading IT solution providers in India, along with Nutanix and Red Hat-certified full-stack platform recently held an event under the theme “Modern Infrastructure for Modern Apps”. The event highlighted a comprehensive overview of modern technology solutions that can build a robust IT infrastructure that meets the current needs and prepares companies for future growth. 

The Nutanix and Red Hat-certified full-stack platforms bring immense capabilities for businesses to exploit the latest features of cloud computing, storage, and virtualization technologies. This powerful combination allows enterprises to increase their performance and agility in running their applications. 

The event throws light on the upcoming applications that organizations must adopt in order to have a modernized approach to their technology stack. This also brings the need to simplify complex systems and processes, while offering a secure and reliable network base.

Moreover, the two companies along with Team Computers have partnered to provide companies with cloud-native solutions that prioritize simplicity, scalability, flexibility, and reliability. This combination ensures customers can easily transition from one platform to another while also maintaining a high level of data security through the latest technology.

Given the energy with which Team Computers bridges the gap between IT solutions and your business needs, the event offered an opportunity to explore a wide range of IT solutions from Nutanix and Red Hat, bringing together 60-plus IT leaders under one roof.

Accelerating Prosperity: India Unites At The Global Wealth Conference, Paving The Path For Phenomenal Expansion

* London City and SWFI Join to Host an Unprecedented Gathering of Visionaries and Investors to Redefine the Future of Investing

Highlights:

·         Fund houses managing AUM worth $5 trillion will be under one roof

·         $10 billion worth of MoUs to be signed or announced

·         $10 billion India-focused fund to be launched

·         40 Sovereign Wealth Funds, 50+ family offices, 30+ Pension/Public Funds from across the globe

The Sovereign Wealth Fund Institute® (SWFI®), the world's most trusted source on institutional investors and global capital, has announced its Global Wealth Conference (GWC), taking place in historic locations on May 31 and June 1 in London. The GWC platform has attracted some of the world’s largest pools of capital, some of which are coming from India.

Sovereign wealth funds globally see India as a destination for direct investments.  Sovereign wealth funds have directly invested US$ 6.714 billion into India in 2022, compared to just US$ 4.3 billion in 2021. This analysis excludes fund commitments. Sovereign wealth funds such as Mubadala Investment Company, Abu Dhabi Investment Authority, GIC Private Limited, Qatar Investment Authority, Kuwait Investment Authority, Norway Government Pension Fund Global, and others continue to allocate capital directly into India based on SWFI transaction data.

The conference will be attended by 40 sovereign wealth funds, 50+ family offices from around the world, 30+ pension and public funds, 50+ institutional global asset managers, and 30+ prominent personalities from royal families to policymakers. From India, law firm Nishith Desai Associates, SUN Group, Jindal Steel and Power, and a few others will attend the conference.

Commenting on the event, Lakshmi Narayanan, Chairman of the Sovereign Wealth Fund Institute said, “Global Wealth Conference presents an exceptional platform for GCC countries and prominent business entities to highlight and exchange a multitude of business opportunities with institutional investors, fostering capital inflow and forging strategic partnerships. According to SWFI research, India is a desired destination for SWF capital, and having Indian entities participate can directly drive more capital into the country.

The Global Wealth Conference will bring together an impressive array of attendees, including major investors such as sovereign wealth funds, pensions, foundations, official institutions, endowments, large family offices, and other asset owners, alongside top-level industry leaders.

Michael Maduell, President of the Sovereign Wealth Fund Institute, said, “India's remarkable ascent as a global powerhouse is indisputably bolstered by the invaluable contributions of sovereign wealth funds and pension capital, as extensively validated by our comprehensive research data. A key catalyst behind this success lies in the government's commendable efforts to facilitate seamless access to lucrative opportunities for foreign investors. Thus, the significance of eminent gatherings like the Global Wealth Conference (GWC) becomes paramount, serving as an influential platform where asset owners, governments, and astute fund managers converge to forge fruitful alliances.”

This dynamic event will feature a diverse and captivating program, encompassing compelling keynote presentations, engaging panel discussions, interactive workshops, and exclusive private dinners held in historic venues. Participants can eagerly anticipate immersive networking sessions, fostering valuable connections and collaborations..

About GWC

The Global Wealth Conference (GWC) by SWFI® is an international thought leadership and networking platform that informs and channels global wealth for positive action, hence the motto "Global Wealth in Action". Our global events educate and enable sovereign wealth funds, pensions, allocators, family offices, leading asset managers, and policymakers to link, learn, and lead. The Global Wealth Conference will provide an inclusive and collaborative environment, fostering meaningful connections and inspiring new collaborations among attendees. Participants will have the opportunity to exchange ideas, share best practises, and learn from the experiences of industry leaders, visionaries, and influencers who are making a significant difference in the world of finance and wealth management.

Interested participants are encouraged to visit the conference website at [https://gwc.events] for further information and updates on speakers, the agenda, and venue details

About SWFI

The Sovereign Wealth Fund Institute® (SWFI®) has been hosting highly successful global forums to bring together the world’s largest investors, including sovereign wealth funds, pensions, foundations, endowments, large family offices, official institutions, and other asset owners, with top-level industry leaders for the purpose of deep knowledge sharing and preeminent deal-making.

For the 15 plus years since its inception, SWFI has served as a critical industry liaison dedicated to assisting these institutions in the areas of investment, asset allocation, governance, policy, risk assessment and mitigation, and other relevant issues. By providing specialised data, events, and research, SWFI has become the world’s leading resource on global capital formation and flows.

BPCL’s R&D Center Revolutionizes The Fuel Industry With Breakthrough Innovations And Patents

·         BPCL Introduces Ethanol-Diesel Blend for Cleaner Emissions

·         The R&D division has filed 164 patents for cutting-edge innovations

·         Adopts Innovative Approach to Valorizing Bio-refinery Waste

·         BPCL Unveils Groundbreaking Technologies for rapid crude oil sourcing and Real-Time Refinery Monitoring and Optimization

·         BPCL R&D Develops High-Efficiency LPG Burner for Energy Conservation

BPCL R&D Centers have been at the forefront of technological advancements. Since its establishment in 2001, the Corporate R&D Centre has provided a platform for breakthrough research and development. Together with the Lubes R&D Centre, a leading hub in lubricant research, BPCL R&D continues to contribute to a greener and cleaner fuels. Its research areas have evolved over the years, focusing on carbon capture and utilization, green hydrogen, biofuels, advanced clean fuel, petrochemicals, and business sustainability. These strategic focus areas align with the company's commitment to environmental stewardship and energy transition.

In view of this, Bharat Petroleum's Research & Development (R&D) division proudly presents its state-of-the-art facilities and strategic focus areas at the Corporate R&D Centre in Greater Noida. With a commitment to innovative and sustainable solutions, BPCL R&D has gained international recognition as a leading research center.

Over the years, the division has achieved remarkable milestones, including 164 Patents filed for cutting-edge innovations, 87 Patents granted across multiple countries, 17 Technologies/products commercialized and over 230+ Scientific papers and Book chapters. Notable innovations include the development of "Green Silica" from rice straw-based 2G Bio-refinery ash, compostable biomaterials, and Superabsorbent Polymer (SAP) products.

Aligned with Bharat Petroleum's sustainability agenda and Net Zero Mission, BPCL R&D has undertaken initiatives like the Diesel-Ethanol blend to reduce emissions. The division's digital advancements and collaborations with renowned institutions have fostered the knowledge economy and innovation culture.

Shri G. Krishnakumar, Chairman & Managing Director, BPCL,  said, “With ‘Energising Lives’ as our core purpose, our mission is leveraging talent, innovation & technology and always being the first choice of customers. Our dynamic R&D team, brimming with creativity, has successfully developed a multitude of cutting-edge technologies, innovative products and processes that have not only increased our profitability but also significantly reduced our environmental footprint. Their continuous pursuit for excellence has led us to attain numerous accolades such as an extensive patent portfolio”.

Shri Hardeep Singh Puri, Hon'ble Minister of Petroleum and Natural Gas, said, "Under the visionary leadership of Hon’ble PM Shri Narendra Modi, BPCL is remarkably pushing the boundaries of technology and sustainability through its cutting-edge R&D initiatives. I congratulate the team BPCL for continuous pursuit for excellence, contributing significantly to India's energy landscape and reinforce our position as a global leader in innovation."

Focused on carbon capture, green hydrogen, biofuels, clean fuels, petrochemicals, and business sustainability, BPCL R&D drives excellence and innovation in these areas. Its cutting-edge facilities, Motivated team of Scientists, Engineers and Administrative Staff, and strategic partnerships are at the forefront of technological advancements.

BPCL-R&D has also achieved a significant milestone in the digital space. It has developed two novel technologies, namely the K Model for crude compatibility and BPMARRK® for quick and accurate real-time crude assay. BPCL is the only company at the global level to achieve this milestone in the oil and gas sector. Recently, a collaboration agreement was inked with the world leader in Refinery Software business, M/s Aspen Technology Inc. USA, to provide a unique solution to the refinery world for real-time monitoring and optimization of refinery units, along with BPCL BPMARRK® software.

To address India's import dependency for gas, which currently caters to 50% of the country's 44MMTPA gas demand, BPCL-R&D is working on the development of an energy-efficient PNG burner. Notably, BPCL-R&D has successfully developed a PNG burner with an efficiency of 70%, surpassing the reported 55% efficiency so far. The plan is to conduct a pilot and roll out the energy-efficient PNG stove during FY 2023-24, contributing to a reduction in import dependency.

We are investing heavily in these upcoming areas both in terms of manpower and infrastructure. I believe innovations in these areas can not only give BPCL competitive advantage and also create sustainable business environment; while contributing for the nations net zero ambition and thus making the world better place to live for the future generation.

About Bharat Petroleum Corporation Ltd. (BPCL):

Fortune Global 500 Company, Bharat Petroleum is the second largest Indian Oil Marketing Company and one of the premier integrated energy companies in India, engaged in refining of crude oil and marketing of petroleum products, with a significant presence in the upstream and downstream sectors of the oil and gas industry. The company attained the coveted Maharatna status, joining the elite club of companies having greater operational & financial autonomy.

Bharat Petroleum’s Refineries at Mumbai, Kochi and Bina Refinery have a combined refining capacity of around 35.3 MMTPA. Its marketing infrastructure includes a network of installations, depots, energy stations, aviation service stations and LPG distributors. Its distribution network comprises over 21,000 Energy Stations, over 6,200 LPG distributorships, 525 Lubes distributorships, 123 POL storage locations, 53 LPG Bottling Plants, 70 Aviation Service Stations, 4 Lube blending plants and 4 cross-country pipelines.

Bharat Petroleum is integrating its strategy, investments, environmental and social ambitions to move towards a sustainable planet. The company has chalked out the plan to offer electric vehicle charging stations at around 7000 energy stations over next 5 years.

With a focus on sustainable solutions, the company is developing a vibrant ecosystem and a road-map to become a Net Zero Energy Company by 2040, in Scope 1 and Scope 2 emissions.  Bharat Petroleum has been partnering communities by supporting innumerable initiatives connected primarily in the areas of education, water conservation, skill development, health, community development, capacity building and employee volunteering. With ‘Energising Lives’ as its core purpose, Bharat Petroleum’s vision is to be the most admired global energy company leveraging talent, innovation & technology.

Food-Tech Startup Pluckk Appoints Mamaearth’s Market Place Head- Kunwarjeet Grover As Head Of Growth

Pluckk, a leading food-tech-direct to consumer company, focussed on farm to fork fresh produce, today announced the appointment of Mr. Kunwarjeet Grover as Head of Growth. Mr. Grover will be based in Bangalore and will report directly to Mr. Pratik Gupta, CEO and Co-Founder of Pluckk. In his new role, he will be responsible to drive revenue across online and offline channels, lead sales and growth teams.

Mr. Grover joins PLUCKK from the fast growing direct-to-consumer company Honasa Consumer Pvt Ltd (parent company of Mamaearth) where he was responsible for building and leading the P/L of marketplace business for brands like Mamearth, The Derma Co. & Bblunt. Prior to Honasa Consumer Pvt Ltd he was also associated with renowned companies such as Himalaya Herbal Healthcare, CavinKare, Phillips Lightning, and Havells India Ltd. With over 12 years of experience he specializes in P/L management, Business Development, Online Vendor Management, and Business Planning/Implementation. He holds an MBA degree from IBS Hyderabad.

Commenting on the appointment, Mr. Pratik Gupta, CEO and Co-Founder, Pluckk, said, “We welcome Kunwarjeet to the Pluckk family. Kunwarjeet’s deep understanding of D2C and FMCG is something that Pluckk will immensely benefit from. His experience will enable us to sharpen our product portfolio and distribution into online and offline channels including ecommerce, modern trade and general trade in the fresh category. His addition to the core team will help us double down on revenue and profitability across Pluckk’s online & offline presence”.

Speaking on the occasion, Kunwarjeet Grover said, "I am honoured and excited to join Pluckk as Head of Growth. The fresh produce industry is the fastest growing and largest penetrated category. Pluckk is an emerging leader and with the right value proposition we aim to create an industry first story in the fresh food tech category. I look forward to working closely with the talented teams at Pluckk and leveraging innovative strategies to drive remarkable outcomes and propel the company to new heights”.

About Pluckk

Pluckk is a B2C fresh produce food tech platform founded in July 2021. Co-founded by Pratik Gupta and seed-funded by Exponentia Ventures (EV) with current operations in Mumbai, Bengaluru & Delhi. It is the first of its kind digital lifestyle-oriented fresh food brand in Fruits and Vegetables (F&V) space. Pluckk provides a platform to facilitate the ‘farm-to-table’ concept. It offers a large variety of 300+ special selections of gourmet fruits, vegetables & meal kits directly to end consumers, doing away with mediators. The platform has already on boarded 1000 plus farmers across Mumbai, Bengaluru & Delhi & is now available on platform such as Amazon, Swiggy, Dunzo & Zepto.