* NFO Opens: 28 July 2026; Closes: 11 August 2026
Invesco Mutual Fund today announced the launch of Invesco India BSE Sensex ETF (An open ended scheme replicating/tracking BSE Sensex Index) and Invesco India Nifty Bank ETF (An open ended scheme replicating/tracking Nifty Bank Index), designed to offer investors passive investment options across India’s core equity and banking sectors.
Invesco India BSE Sensex ETF will make passive investments in equity and equity related securities replicating the composition of the BSE Sensex Index, subject to tracking errors. The BSE Sensex, one of India’s most widely tracked equity benchmarks, represents 30 of the country’s largest, profitable, and industry-leading companies across key sectors of the economy. With a long track record, the index has remained closely aligned with India’s long-term economic growth, offering investors a simple, transparent, and cost-efficient route to equity market participation.
The scheme will invest in companies which are constituents of BSE Sensex Index in the same weights as in the Index with an endeavour to track the benchmark index with as low tracking error as possible.
Invesco India Nifty Bank ETF will make passive investments in equity and equity related securities replicating the composition of the Nifty Bank Index, subject to tracking errors. The Nifty Bank Index comprises India’s leading banking institutions across private and public sector banks, representing a segment that plays a central role in driving economic growth.
The scheme will adopt a passive investment strategy, investing in equity and equity related securities of companies that are constituents of the Nifty Bank Index in the same weights as the index, with a focus on maintaining low tracking error. This approach provides investors focused exposure to the banking sector while offering diversification across established banking franchises.
India’s favourable macroeconomic environment, supported by strong domestic consumption, demographic advantages, policy reforms, and deepening financial markets, continues to underpin long-term wealth creation. Together, the Invesco India BSE Sensex ETF and the Invesco India Nifty Bank ETF are designed to offer investors transparent, cost-efficient access to India’s long-term growth opportunities through passive investing. Both the funds will be managed by Abhisek Bahinipati.
The minimum lumpsum investment amount during the NFO for both schemes is ₹5,000/- and in multiples of ₹1/- thereafter.
About Invesco Asset Management (India) Private Limited
Invesco Asset Management (India) is one of the leading asset management companies in India. With over ₹1,57,943 crore of average assets under management for quarter ending June 2026 across Mutual funds, PMS and Offshore Advisory, we serve investment needs of individual investors, corporates and institutions through mutual funds and sub-advised portfolios. Our expertise extends across equity, fixed income and alternative asset classes where we offer the complete range of funds designed to suit investment needs. IAMI’s aim is to provide top-class financial care, impeccable service and best-in-class investment products.
For more information, visit: www.invescomutualfund.com
About Invesco Ltd.
Invesco is a global independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. Our distinctive investment teams deliver a comprehensive range of active, passive and alternative investment capabilities. With offices in more than 20 countries, Invesco managed $2.2 trillion in assets on behalf of clients worldwide as of December 31, 2025
For more information, visit: https://www.invesco.com/corporate
About IndusInd International Holdings Limited
Originally versed in the banking sector, IndusInd has, over the years, invested in a wide range of financial services across several jurisdictions. With $2.65 billion net asset value, IIHL is dedicated to value creation for its global shareholders by maintaining this dynamic growth through ongoing investment and acquisition of high-value assets. IIHL’s vision is to be a Global Financial Services Institution with a commitment to excellence in international orientation, innovation, speed, and strict compliance with the principles of good corporate governance.
For more information, visit: www.indusindinternational.com
Wednesday, July 29, 2026
Avore Electric Launches The EX, Its First Electric Motorcycle, Starting At Rs. 1,24,999
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Available in three variants – EX 2S, EX 2 and EX 1
Delivers up to 260 Km IDC range, 114 Km/h top speed
Features an industry-first Integrated Motor + Swingarm Powertrain, a 1500W onboard fast charger, and a suite of intelligent rider technologies
Developed over three years with 120+ intellectual property filings
Bookings open from Rs. 799; deliveries commence after 2 months.
Avore Electric, India's homegrown technology-first electric motorcycle manufacturer from the house of Samarth E-Mobility, today announced the launch of the Avore Electric EX (Avore Electric Elevated Experience), its first electric motorcycle. The EX Series was unveiled by Hon’ble Gujarat Chief Minister Shri Bhupendra Patel, marking a significant milestone in India's electric mobility journey. Available in three variants—the EX 2S, EX 2 and EX 1—with prices starting at Rs. 1,24,999 (ex-showroom), the EX has been engineered from the ground up to redefine electric motorcycling through indigenous technology, intelligent engineering and everyday practicality.
Built on the belief that intelligence should not be a mere feature added to a two-wheeler but the very foundation upon which it is envisaged, Avore Electric has been conceived around a single guiding principle: start with intelligence, then build the motorcycle around it. The brand's philosophy is reflected in its tagline, 'Intelligence Beyond Motion'.
Aspirational design. Rider-first intelligence.
The Avore Electric EX introduces a design language that is aspirational and timeless. Designed specifically for Indian riders, the motorcycle makes the transition from ICE to electric mobility feel natural not only in technology but also in riding posture, ergonomics and overall ownership experience. The motorcycle combines familiar motorcycle proportions with contemporary EV engineering through its distinctive dual-tone styling, signature tank lights and the flexibility of both manual and automatic riding modes. It has been designed to appeal to traditional motorcycle enthusiasts while confidently showcasing its next-generation electric underpinnings.
Performance built for everyday riding
At the heart of the Avore Electric EX is a highly efficient, rare-earth-free Permanent Magnet Synchronous Motor (PMSM), reflecting the brand's commitment to an indigenous sourcing strategy focused on resilience, supply chain independence and long-term sustainability. Depending on the variant, the motorcycle delivers 7.5 kW to 10.5 kW of maximum power, while producing 250 Nm peak wheel torque across all three variants for an engaging riding experience across city streets and highways alike. The EX 2S reaches a top speed of 114 Km/h, while the EX 2 and EX 1 achieve 100 Km/h.
Further enhancing the riding experience is an industry-first Integrated Motor + Swingarm Powertrain (Drive Link Arm), engineered to improve weight distribution, structural rigidity and handling dynamics, resulting in greater stability and rider confidence.
Eliminating range anxiety
Addressing one of the biggest barriers to EV adoption, the Avore EX has been engineered to inspire confidence on every ride. The EX 2S and EX 2 offer an IDC-certified range of 260 km and 255 km, respectively, while the EX 1 delivers an IDC-certified range of 160 km. Charging has also been designed for maximum convenience. Equipped with a 1500W onboard fast charger across all variants, the EX can be plugged directly into any standard 5A or 15A household socket, eliminating the need for dedicated charging infrastructure. Riders can charge the battery from 20% to 80% in approximately 2 hours, while a complete 0 – 100% charge takes around 4 hours. Its battery pack is homologated by NATRAX while the Battery Management System (BMS) is validated by ICAT.
Intelligence beyond motion
Staying true to its philosophy of building intelligence into the very foundation of the motorcycle, the Avore Electric EX integrates a suite of proprietary technologies designed to deliver a more intuitive, connected and effortless riding experience.
‘At the core of the experience is AVORE SENSE, the company's proprietary operating system, working alongside AVA (Avore Vehicle Assistance) and Avore Synapse, an AI-powered companion that enables a smarter and more personalised interaction between the rider and the motorcycle. It automatically captures ride statistics and rider insights, allowing users to seamlessly track every journey.
To enhance riding performance and control, the EX introduces Apex, its top performance mode, along with Syft, a manual gear mode that gives riders greater control over power delivery. Complementing this is ARS for intuitive rider inputs and the integrated Drive Link Arm powertrain architecture, engineered to improve handling, balance and overall riding dynamics.
Designed with everyday convenience in mind, the motorcycle features Flex Charge, a 1500W onboard fast charger that allows charging from a standard household socket, while Split Pack Energy, Avore's side-by-side battery pack architecture, optimises packaging, weight distribution and thermal management. Features such as PAM+ park assist further simplify low-speed manoeuvring and parking. The rider experience is complemented by a host of thoughtful convenience and safety features, including Guide-Me-Home Lights, Auto Indicator Cut-off, Ahoy! Welcome Lights, and Beacon, the motorcycle's signature tank lighting. An ergonomically engineered Ergo Fit riding triangle ensures enhanced comfort for both daily commutes and longer journeys.
Built for confidence. Backed for ownership.
The Avore Electric EX has been engineered to meet stringent safety, quality and durability standards for Indian road conditions, reinforcing Avore Electric's commitment to reliability and long-term ownership. Avore Electric has validated its technology through 1,00,000+ Km of road testing, 2,500+ hours of dynamometer validation, and extensive rider testing across diverse Indian conditions.
The EX complies with all applicable Indian safety and quality standards, and its platform complies with AIS 156 and AIS 038 safety standards. The battery is backed by a comprehensive 5-year/60,000 km warranty, offering peace of mind and long-term ownership confidence.
Built on an indigenous technology platform
Powering the EX is AVORE Source, Avore Electric's proprietary technology stack, and the AVR platform, its purpose-built electric motorcycle architecture.
Over the past three years, the company has developed over nine critical vehicle systems entirely in-house at its dedicated R&D centre in Ahmedabad. These include the Battery Management System (BMS), battery pack, motor, motor controller, power control module, DC-DC converter, onboard fast charger, display system and proprietary operating system.
The company has also filed more than 120 intellectual property applications, establishing one of India's most comprehensive indigenous EV technology ecosystems. This vertically integrated approach enables tighter integration between hardware and software while delivering improved quality, reliability and faster innovation.
Speaking on the milestone launch, Priyank Rakholiya, Avore Electric, Founder said, "We dedicated three years to research, development, testing, and validation before the launch of the EX so as to ensure class-leading engineering and innovation. We are ensuring global-levels of safety and performance, while pushing the frontiers of Indian-developed electric mobility technology stacks that deliver reliability, consistency, and economic viability. Our goal is to improve adoption and accessibility to world-class electric mobility solutions for every Indian and we are confident that the EX is just the start of our journey towards that direction."
Redefining aesthetics in the segment, the Avore EX is the first motorcycle - across EV offerings - to introduce premium dual-tone colour schemes. The EX 2S and EX 2 variants will be offered in three dual-tone colour options – Starlit Blue Dual Tone, Meteor Red Dual Tone and Stellar Black Dual Tone. Meanwhile, the EX 1 variant will be available in three single-tone colour options – Starlit Blue, Meteor Red and Stellar Black.
The Avore Electric EX is set to hit showrooms across key Indian cities from next month onwards, with bookings opening immediately on the official Avore Electric website. Available in three variants—the EX 2S, EX 2 and EX 1—the motorcycle bookings open from Rs. 799, with customer deliveries scheduled to commence after 2 months.
To learn more about Avore Electric, please visit their website or official handles at Website, Instagram, Facebook, YouTube.
About Avore Electric
Avore Electric is the electric mobility brand of Samarth E-Mobility, an Ahmedabad-based, technology-first, innovation-led electric mobility company accelerating the adoption of electric two-wheelers through reliable, intuitive, intelligently engineered products. Guided by a Make in India philosophy, the company has spent three years developing a 100% indigenous technology stack at its R&D facility in Ahmedabad, Gujarat. Built on 100% indigenous technology, the company is committed to advancing India's self-reliant electric mobility ecosystem through innovation-led engineering.
With a 150,000 sq. ft. manufacturing facility in Chhatral, Gujarat, and a production capacity of 15,000 electric two-wheelers per month, Avore Electric is building intelligent, high-performance electric motorcycles engineered in India for riders in India and global markets.
Air India Express Waives Cargo Charges For Assam Flood Relief Material
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The initiative aims to facilitate the movement of essential relief supplies by registered non-governmental organisations (NGOs) and recognised relief agencies working to support flood-affected communities. Eligible consignments may include relief materials such as food and dry rations, drinking water, medicines, hygiene and sanitation kits, clothing, blankets, tarpaulins, and other essential humanitarian supplies, subject to applicable regulatory requirements and Air India Express' verification, acceptance, and carriage policies.
The waiver will be available on Air India Express flights to Guwahati from Delhi, Bengaluru and Kolkata, enabling relief organisations to transport humanitarian supplies into Assam through the airline's network. Air India Express currently operates six daily flights from Delhi, three daily flights from Bengaluru and two daily flights from Kolkata to Guwahati, providing multiple daily options for the movement of relief cargo.
Registered NGOs and recognised relief organisations wishing to dispatch relief material may email the airline at relief@airindiaexpress.com or call +91 7982118680, along with details of their organisation and cargo requirements. The airline's Cargo team will coordinate shipment acceptance, documentation, packaging guidelines and flight allocation, subject to operational feasibility and available capacity.
About Air India Express
Air India Express is A Tata Enterprise, operating over 500 daily flights that connect 43 domestic and 16 international destinations across South, Southeast and West Asia. The airline has a fleet of over 100 Boeing 737s and Airbus A320 aeroplanes. As India’s most vibrant and inclusive airline, Air India Express embodies the spirit and confidence of India - warm, expressive, and proudly authentic. Encouraging travellers to ‘Xplore More, Xpress More’, the airline transforms flying into an experience that is personal and memorable.
With thoughtfully curated touches - from ‘Gourmair’ hot meals, comfortable seats, and refreshed interiors to exclusive loyalty benefits for over 22 million members, Air India Express blends smart technology with heartfelt Indian hospitality.
Biocon Foundation And IISc Convene National Experts To Shape India's Oral Cancer Elimination Strategy
The two-day conference brought together leading oncologists, clinicians, public health experts, researchers, policymakers, artificial intelligence specialists and implementation partners to advance India's roadmap towards oral cancer elimination. This year's theme, ‘Integrating AI, Research, and Advocacy towards Oral Cancer Elimination,’ underscored the role of artificial intelligence, implementation research and multi-stakeholder collaboration in strengthening oral cancer prevention, early detection and access to timely care.
Kiran Mazumdar-Shaw, Founder & Managing Trustee, Biocon Foundation, and Convenor, OCTF, said, “India has a unique opportunity to redefine the global approach to oral cancer by harnessing the power of artificial intelligence, scientific innovation, and strong public health systems. Through the Oral Cancer Task Force, we are bringing together expertise across sectors to develop scalable, technology-enabled solutions that can drive early detection, improve access to timely treatment, and ultimately save lives. The goal is to ensure that these innovations reach far and wide, making quality cancer care more equitable and accessible.”
Oral Cancer Task Force Members, "Oral cancers are responsible for a humongous amount of mortality and morbidity in India. Eliminating this scourge necessitates a comprehensive, pragmatic approach that integrates health and technology through tobacco control and cessation, AI-enabled screening and early detection, timely referral pathways, down staging of disease, and quality care across the continuum of care. It is heartening to know that AI-enabled oral cancer screening at the district level has been implemented. This initiative marks a significant step towards AI-assisted approach to improve oral cancer outcomes.”
Established in 2018 by Biocon Foundation, the Oral Cancer Task Force (OCTF) is an independent multidisciplinary platform bringing together clinicians, researchers, public health experts, policymakers and technology partners to reduce the burden of oral cancer through research, innovation, evidence generation, advocacy and policy engagement. Over the years, OCTF has contributed to the development of consensus guidelines for Oral Potentially Malignant Disorders (OPMDs) and Head & Neck Cancers, while advancing technology-enabled screening approaches across India.
Advancing AI-enabled Screening at Scale
A key highlight of the conference was the progress made under the Centre of Excellence for Artificial Intelligence (AI-CoE), a first-of-its-kind multicentric initiative involving 28 consortium partners with IISc serving as the nodal institution.
The initiative has developed an AI-assisted, mobile phone-based white-light imaging solution that stratifies oral lesions into high- and low-risk categories, enabling early identification of oral cancer. The technology powers Aarogya Aarohan, an AI-enabled mobile application currently deployed across Public Health Centres in Goa. Designed for use by frontline healthcare workers, the application can operate on low-cost smartphones, function offline in low-connectivity settings and support referral workflows across different levels of the healthcare system, making point-of-care screening more accessible and scalable.
Since 2014, Biocon Foundation has screened more than 100,000 individuals across multiple states through a community-based oral cancer screening programme. The Foundation contributed over 30,000 annotated oral lesion images that enabled the development of Aarogya Aarohan in collaboration with IISc and TANUH. The deployment of the application has contributed to a ten-fold increase in screening capacity over the past 18 months while helping identify community-specific intervention strategies.
Driving an Integrated Strategy for Oral Cancer Elimination
The conference reaffirmed OCTF's commitment to advancing oral cancer elimination through three strategic priorities:
Tobacco cessation through education, awareness and school health programmes
Screening and early detection
Timely diagnosis and initiation of treatment
Supported by collaborations across public health, clinical research, artificial intelligence and policy, these efforts aim to build a scalable, evidence-based framework for oral cancer control in India.
The conference featured keynote addresses, expert talks, panel discussions, stakeholder consultations and strategic planning sessions covering AI-assisted screening, integration of AI into clinical workflows, digital innovations for community-based screening, tobacco cessation and improving timely access to treatment. Drawing inspiration from global efforts towards cervical cancer elimination, the deliberations will inform the development of a robust and scalable oral cancer elimination strategy that can be adapted across geographies and health systems.
Consensus Guidelines Updated
The conference also unveiled the 2026 update to the Indian Clinical Practice Consensus Guidelines for Head & Neck Cancer, developed under the aegis of OCTF. Presented by Dr Kumar Prabhash, the updated guidelines reflect the latest clinical evidence and continue OCTF's efforts to standardise evidence-based management of head and neck cancers across India. The initiative is coordinated by Dr Neera Gupta, Vice President – Clinical Development & Medical Affairs, Immuneel Therapeutics, and the updated guidelines will continue to be published in the Journal of Cancer Research and Statistics and Treatment.
The conference brought together experts from Tata Memorial Hospital, IISc, the Government of Goa, Biocon Foundation and leading academic, clinical and public health institutions from India and abroad. Keynote speakers and panellists included Dr Srinath Reddy, Dr Shekhar Salkar, Dr Guruprasad Naik, Dr Upendra Bhojani, Dr Sumirtha Gandhi, representatives from the Department of Health Services, Government of Goa, Prof Paturu Kondaiah, Dr Anupama Shetty, Dr Manisha Khorate, Dr Anupama Borkar, Prof Kunal Korgaonkar, Dr Praveen Birur and several other national and international experts.
The conference concluded with a renewed commitment from clinicians, researchers, policymakers and technology partners to accelerate the adoption of AI-enabled, evidence-based approaches for oral cancer prevention, early detection and treatment, strengthening India's journey towards eliminating oral cancer as a major public health challenge.
About Oral Cancer Task Force
The Oral Cancer Task Force (OCTF) is an independent, multidisciplinary platform established by Biocon Foundation in 2018 to advance oral cancer prevention and control in India. Bringing together leading clinicians, oncologists, public health experts, researchers, academicians, policymakers, and technology partners, OCTF promotes collaborative action to reduce the burden of oral cancer through research, innovation, advocacy, evidence generation, and policy engagement.
The Task Force has played a pivotal role in developing Indian Clinical Practice Consensus Guidelines for Oral Potentially Malignant Disorders (OPMDs) and Head & Neck Cancers, advancing technology-enabled screening approaches, and fostering the integration of artificial intelligence into community-based oral cancer screening and public health systems. Through its annual scientific forums and multi-stakeholder collaborations, OCTF continues to strengthen India's roadmap towards oral cancer elimination.
For more details, visit: https://oralcancertaskforce.org/
About Biocon Foundation:
Biocon Foundation, the Corporate Social Responsibility arm of Biocon, Biocon Biologics and Syngene International, has been working to empower marginalized communities since 2005. Biocon Foundation partners with the society to promote social and economic inclusion. It has thus made significant investments in enhancing access to quality healthcare, education, and civic infrastructure along with environmental sustainability projects. Combined with field initiatives, these programs create a momentum to elevate the marginalized sections of the society. Over the years, Biocon Foundation has built a strong reputation for the quality of its programs and their impact in addressing the social, humanitarian, and environmental challenges facing India. To make a more meaningful impact, the Foundation regularly partners with government agencies and like-minded organizations for program delivery. Besides addressing critical national and state level challenges in primary healthcare, education and rural development, the Foundation is also augmenting environmental sustainability through the lake revival mission in Bengaluru. Visit: http://www.bioconfoundation.org
About IISc:
Indian Institute of Science (IISc) was established in 1909 by a visionary partnership between the industrialist Jamsetji Nusserwanji Tata, the Mysore royal family and the Government of India. Over the last 117 years, IISc has become India’s premier institute for advanced scientific and technological research and education. Its mandate is “to provide for advanced instruction and to conduct original investigations in all branches of knowledge as are likely to promote the material and industrial welfare of India.” In 2018, IISc was selected as an Institution of Eminence (IoE) by the Government of India, and it consistently figures among the top Indian institutions in world university rankings.
About TANUH:
TANUH (Translational AI for Networked Universal Healthcare) is an AI Centre of Excellence under the Ministry of Education, Government of India, hosted at the Indian Institute of Science (IISc). The Centre is dedicated to developing and deploying scalable, AI-driven diagnostic and clinical decision-support solutions for the early detection, prevention, and management of high-burden non-communicable diseases (NCDs) across India. By integrating cutting-edge artificial intelligence with data-driven healthcare, TANUH aims to empower healthcare providers and strengthen health systems through reliable, accessible, and equitable digital health innovations. Its vision is to build a trustworthy, culturally responsive digital health ecosystem that transforms frontline and clinical care, enabling timely, high quality healthcare for every citizen while advancing the goals of universal healthcare.
Biocon Foundation, the Corporate Social Responsibility arm of Biocon, Biocon Biologics and Syngene International, has been working to empower marginalized communities since 2005. Biocon Foundation partners with the society to promote social and economic inclusion. It has thus made significant investments in enhancing access to quality healthcare, education, and civic infrastructure along with environmental sustainability projects. Combined with field initiatives, these programs create a momentum to elevate the marginalized sections of the society. Over the years, Biocon Foundation has built a strong reputation for the quality of its programs and their impact in addressing the social, humanitarian, and environmental challenges facing India. To make a more meaningful impact, the Foundation regularly partners with government agencies and like-minded organizations for program delivery. Besides addressing critical national and state level challenges in primary healthcare, education and rural development, the Foundation is also augmenting environmental sustainability through the lake revival mission in Bengaluru. Visit: http://www.bioconfoundation.org
About IISc:
Indian Institute of Science (IISc) was established in 1909 by a visionary partnership between the industrialist Jamsetji Nusserwanji Tata, the Mysore royal family and the Government of India. Over the last 117 years, IISc has become India’s premier institute for advanced scientific and technological research and education. Its mandate is “to provide for advanced instruction and to conduct original investigations in all branches of knowledge as are likely to promote the material and industrial welfare of India.” In 2018, IISc was selected as an Institution of Eminence (IoE) by the Government of India, and it consistently figures among the top Indian institutions in world university rankings.
About TANUH:
TANUH (Translational AI for Networked Universal Healthcare) is an AI Centre of Excellence under the Ministry of Education, Government of India, hosted at the Indian Institute of Science (IISc). The Centre is dedicated to developing and deploying scalable, AI-driven diagnostic and clinical decision-support solutions for the early detection, prevention, and management of high-burden non-communicable diseases (NCDs) across India. By integrating cutting-edge artificial intelligence with data-driven healthcare, TANUH aims to empower healthcare providers and strengthen health systems through reliable, accessible, and equitable digital health innovations. Its vision is to build a trustworthy, culturally responsive digital health ecosystem that transforms frontline and clinical care, enabling timely, high quality healthcare for every citizen while advancing the goals of universal healthcare.
Tuesday, July 28, 2026
Bengaluru Startup Growthmind Enterprises To Launch In 10 Indian Cities By FY29, Projects 125% Growth
* Targets around ₹225.7 crore revenue and around ₹177 crore EBITDA in FY29
Bengaluru startup, Growthmind Enterprises, the parent company behind Construction Managers and Interior Managers, today announced plans to expand both of its BOQ-based platforms into 10 Indian cities simultaneously, with the rollout beginning in Bengaluru and extending to Hyderabad, Pune, Chennai, Ahmedabad, Gurugram, Noida & Greater Noida, the Mumbai Metropolitan Region, Indore, and Surat from October 2026.
To fund this expansion, Growthmind is in talks with leading investors with the intent to raise $12 million (approximately ₹100+ crore) over the next few months. The company is targeting more than 125% combined revenue growth over the two years following the 10-city launch, from a projected ₹98.6 crore in FY27 to ₹225.7 crore in FY29, with combined net EBITDA rising from ₹49.4 crore to ₹176.5 crore over the same period. Growthmind expects both platforms to turn profitable in FY27 and projects a combined 42-month net cash flow of more than ₹351 crore on an asset-light model with zero inventory and zero capital frozen in the business.
“The expansion targets a largely unorganized market. Rather than scaling city by city, we will deploy the entire fund raise upfront, so that all 10 cities launch together from day one, giving both platforms access to the customer base, vendor networks, and local teams needed to operate at scale from the outset. Through this model, customers pay vendors directly, and our fee is tied entirely to getting their home or interiors project done on time and within budget. This fund raise will allow us to bring that model to homeowners across India’s biggest markets simultaneously,” said Sanchit Gaurav, Founder of Growthmind Enterprises.
Construction Managers (constructionmanagers.in) is India’s first BOQ-based home construction company. Customers pay material vendors and labour contractors directly, on actuals, with no advance, no markup, and no lump sum, with every timeline backed by a penalty clause for delay. Interior Managers (interiormanagers.in) is India’s first BOQ-based interior design company, offering full design-to-handover delivery on a cost-plus model, with factory quality checks before shipment and milestone-based payments in place of large advances.
Both platforms are designed to organize a fragmented and unstructured market by bringing standardized BOQs, verified vendor onboarding, milestone tracking, and controlled execution into a space that has traditionally relied on opaque estimates, hidden markups, and weak accountability. This creates a more efficient ecosystem for vendors as well, giving them qualified project flow, faster billing cycles, clearer scopes of work, and reduced disputes over pricing, measurement, and execution.
For customers, the model delivers complete transparency and control. They can see where every rupee is going, pay vendors directly for actual work and materials, and stay aligned on budget, timelines, and quality at every stage. Instead of financing unexplained buffers or absorbing inflated estimates, customers get a trackable, accountable, and contract-backed delivery model.
The opportunity is substantial. India’s interiors market alone is estimated at USD 35.48 billion in 2026 and is projected to grow to USD 65.01 billion by 2031, reflecting strong long-term demand for organized, professional execution. Beyond interiors, India’s individual home construction market remains one of the country’s largest and least organized real estate segments, creating a major opportunity for BOQ-led platforms that can standardize delivery and bring trust, speed, and cost control to homeowners at scale.
Construction Managers charges 15% on BOQ actuals, structured as a ₹1,00,000 booking value, a main agreement payment of ₹4,25,000, and a running account of ₹47,727 per month over 11 months, totalling roughly ₹10,50,000 in fees on a typical project. Interior Managers charges 20% on BOQ actuals over a shorter 2–4 month project cycle, structured as a ₹50,000 booking value, a ₹75,000 main agreement payment, and two running account instalments of ₹12,500 each, totalling roughly ₹1,50,000 in fees on a typical project.
About Growthmind Enterprises
GrowthMind is India's first tech-enabled, 360-degree real estate ecosystem, redefining how people build, renovate, and invest in property. Headquartered in Bengaluru, the company delivers end-to-end real estate solutions through its specialized divisions: Construction Managers for on-time, tech-driven project execution powered by BOQ-based platforms that offer itemized, upfront cost transparency; Magnon Interiors for functional and elegant interior design; Material Market for high-quality construction and interior materials at competitive prices; Renovation Manager for seamless remodelling, from minor upgrades to full-scale renovations; and Pincode4You, a hassle-free platform for buying, selling, and renting property. Built on a foundation of transparency, quality, and innovation, GrowthMind offers customer-centric support from concept to completion, helping people construct their dream homes, upgrade their living spaces, and make confident real estate investments.
MS Dhoni Joins Malabar Gold & Diamonds As Brand Ambassador, Strengthening The Responsible Jeweller Promise
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• Association reinforces Malabar Gold & Diamonds' commitment to transparency, responsible business practices and customer-first values as the responsible jeweller.
• One of Malabar Gold & Diamonds' largest integrated consumer programmes across television, print, digital, OOH, cinema, radio and retail, reaching customers through more than 450 stores globally.
Malabar Gold & Diamonds, the world's fourth-largest jewellery retailer and a responsible jeweller, today announced MS Dhoni as its Brand Ambassador, marking the beginning of a long-term association centred around The Responsible Jeweller, the brand's philosophy of taking responsibility beyond jewellery.
At a time when consumers are placing greater emphasis on transparency, authenticity and trust, Malabar Gold & Diamonds is reinforcing its commitment to responsibility across every stage of the value chain.
The Responsible Jeweller is Malabar Gold & Diamonds' long-term commitment to responsible business practices across the jewellery value chain. It reflects the brand's approach to ethical sourcing, trusted quality, transparent pricing, responsible manufacturing and customer-first policies, reaffirming its belief that every jewellery purchase should be backed by confidence, accountability, trust and responsibility to all stakeholders.
This commitment is brought to life through Malabar Promises, a comprehensive framework of customer-first commitments. These include 100% BIS Hallmarked jewellery, 28 quality checks for every natural diamond, transparent pricing with no hidden charges, guaranteed buyback, lifetime maintenance, complimentary insurance, best-value exchange programmes and responsible sourcing practices, enabling customers to make every purchase with confidence.
One of India's most admired sporting icons, MS Dhoni is the only captain in the history of international cricket to lead India to victory in all three ICC white-ball tournaments. Admired for his integrity, consistency and humility, he embodies the values that have defined Malabar Gold & Diamonds for over 33 years since its inception in 1993.
The campaign will roll out through one of Malabar Gold & Diamonds' largest integrated consumer programmes, spanning television, print, digital, social media, radio, cinema, out-of-home media, retail experiences and owned platforms, reaching consumers through more than 450 Malabar Gold & Diamonds stores globally.
Commenting on the partnership, Mr M.P. Ahammad, Chairman, Malabar Group, said:
"Consumers today expect more from the brands they choose. Beyond exceptional products, they seek transparency, authenticity and confidence in every purchase. We believe the jewellery industry has a responsibility to meet these expectations through ethical business practices, uncompromising quality and a customer-first approach. That belief has shaped Malabar Gold & Diamonds for over 33 years and continues to guide every decision we make.
MS Dhoni has earned the respect and trust of millions through his integrity, discipline and consistency, qualities that resonate deeply with our own values. We are delighted to welcome him to the Malabar family and look forward to inspiring greater confidence in jewellery buying while reinforcing our commitment to responsible business practices."
MS Dhoni said:
"Throughout my career, I have believed that trust is earned through actions and consistency. That is what makes this association with Malabar Gold & Diamonds meaningful for me.
What resonated with me was the brand's unwavering commitment to transparency, responsibility and customer confidence. I look forward to supporting Malabar Gold & Diamonds in encouraging more people to make informed jewellery-buying decisions and choose with confidence."
Through this long-term association, Malabar Gold & Diamonds aims to encourage consumers to choose jewellery backed not only by exceptional craftsmanship, but also by transparency, responsibility and trust.
Livpure Associates With Uttar Da Puttar, A Thought-Provoking Family Entertainer
* The partnership reflects Livpure's commitment to supporting culturally relevant stories that inspire conversations around everyday life, human experiences and well-being.
Livpure, one of India's leading home wellness brands, announced its association with the upcoming Hindi family entertainer Uttar Da Puttar, a unique cinematic journey that explores the fascinating intersection of physics, metaphysics, Vastu, and human belief systems through an engaging family narrative.
Blending humour, emotion and thought-provoking storytelling, Uttar Da Puttar invites audiences to reflect on how science, energy, destiny and everyday choices shape human experiences. The film's distinctive premise, rooted in themes that resonate deeply with Indian audiences, makes it a compelling cultural conversation starter while remaining an entertaining family watch.
Through this association, Livpure aims to connect with audiences through content that reflects curiosity, exploration and the pursuit of a better quality of life. As a brand committed to enhancing everyday living, Livpure sees strong alignment with stories that encourage people to think differently about the spaces they inhabit, the choices they make and the factors that influence their overall well-being.
In an era where consumers increasingly seek authenticity and deeper meaning from the content they engage with, Uttar Da Puttar offers a narrative that bridges tradition and modernity, bringing together contemporary perspectives and age-old beliefs in a manner that is relatable, engaging and relevant.
Nitin Malhotra, Chief Marketing Officer, Livpure, said: "At Livpure, we believe that meaningful engagement comes from participating in conversations that matter to consumers. Uttar Da Puttar is not a conventional film; it explores themes that have intrigued people for generations, from science and energy to belief systems and the way our environments influence our lives. Its strong family-centric narrative and unique subject matter make it a natural fit for Livpure, a brand that is dedicated to improving everyday living and enhancing household well-being. We are excited to be associated with a story that is both entertaining and thought-provoking."
The association forms part of Livpure's broader strategy of engaging with consumers through impactful cultural platforms and premium content properties that reflect the evolving interests and aspirations of Indian audiences. By partnering with stories that spark conversations and foster deeper audience connections, the brand continues to strengthen its relevance within modern Indian households.
Uttar Da Puttar stands apart for its fresh and unconventional narrative, offering audiences a distinctive blend of entertainment, introspection and family drama. Through its association with the film, Livpure reinforces its commitment to supporting meaningful storytelling that resonates with families while creating opportunities for deeper consumer engagement across multiple touchpoints.
About Livpure
Livpure is one of India’s most trusted and customer centric brands. For over 10 years, Livpure has been delivering health, comfort and innovation to more than 1 million satisfied customers across India. Livpure offers a wide range of wellness-focused products, including water purifiers, subscription-based water purifiers, home appliances, mattresses, sleep accessories, and smart home solutions.
Manufactured and assembled under high hygiene and quality standards in its state-of-the-art R&D facility, each Livpure offering is engineered to minimize environmental impact while ensuring reliability, performance, and design excellence. Supported by a pan-India distribution network and 1000+ certified engineers, Livpure ensures seamless service to households nationwide. As part of the SAR Group, established in 1988, Livpure operates with a long-term commitment to purity, wellness, social equity and sustainable innovation.
Driven by technocrats and visionaries, the mission is to make “crafted for your wellbeing” a promise in every Indian household. For the latest news and developments, please visit https://livpure.com/.
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