Latest news with #Jindal
Time of India
14-06-2025
- Business
- Time of India
Industrialist Badish Jindal hops on to AAP
Ludhiana: Industrialist and president of MSME Industries Association, Badish Jindal, joined AAP Saturday. AAP's Punjab president, Aman Arora, formally inducted Jindal and his associates into the party in the presence of cabinet minister Tarunpreet Sond. Jindal said he was inspired to join AAP because of the work it had done in the industrial sector. Unlike previous govts, AAP is taking concrete steps for the growth of industries and small-to-medium businesses, he added. tnn Ludhiana: Industrialist and president of MSME Industries Association, Badish Jindal, joined AAP Saturday. AAP's Punjab president, Aman Arora, formally inducted Jindal and his associates into the party in the presence of cabinet minister Tarunpreet Sond. Jindal said he was inspired to join AAP because of the work it had done in the industrial sector. Unlike previous govts, AAP is taking concrete steps for the growth of industries and small-to-medium businesses, he added. tnn Follow more information on Air India plane crash in Ahmedabad here . Get real-time live updates on rescue operations and check full list of passengers onboard AI 171 .
Economic Times
11-06-2025
- Business
- Economic Times
Wealthtech startup PowerUp Money raises $7 million from Accel, Blume, others
Live Events Bengaluru-based wealthtech startup PowerUp Money has raised $7.1 million in its first major institutional funding round, led by early-stage investors Accel Blume Ventures , and Kae Capital The round also saw participation from 8i Ventures, in April by Prateek Jindal, who was previously the cofounder at Uni Cards , the startup offers direct mutual fund investments to retail investors.'The venture was initially built as a separate platform but within Uni Cards. Post this funding round, the firm and the team have been hived off from Uni,' Jindal told ET. He added that while he continues to be a shareholder at Uni Cards, he has resigned from an executive role in the with a registered investment advisor (RIA) licence, the platform offers advisory services on its clients' mutual fund investments and also offers transactions through the said that he believes that the Indian mutual fund market will grow to 100 million users over the next three to four years from around 55 million currently, and investors would look for proper advisory services on which funds to buy and sell.'There are many competitors in the wealth management space in India, but I am targeting retail investors with a ticket size of anywhere between Rs 5 lakh and Rs 2 crore,' Jindal Money's funding round comes at a time when there is heightened activity in the Indian wealth management ecosystem. Players like Centricity, Dezerv, Angel One-backed Ionic Wealth are taking shape in this space, looking to carve out a niche in the growing market. Stock broking major Groww recently closed the acquisition of Fisdom to set foot in the wealth management space as Money wants to build a technology-led product, which will generate good-quality advisory and portfolio management services to its clients for free. The company is also offering a paid subscription service, which will offer quarterly reviews and additional services.'While this will be my customer acquisition strategy, I am looking to generate revenue from end-to-end portfolio management services, which is what I am building towards,' Jindal a team of 30-35 individuals, Jindal is looking to use the freshly raised funds for strengthening the research vertical, building more products to cater to consumer requirements, and scaling up customer acquisition.
Time of India
11-06-2025
- Business
- Time of India
Wealthtech startup PowerUp Money raises $7 million from Accel, Blume, others
Live Events Bengaluru-based wealthtech startup PowerUp Money has raised $7.1 million in its first major institutional funding round, led by early-stage investors Accel Blume Ventures , and Kae Capital The round also saw participation from 8i Ventures, in April by Prateek Jindal, who was previously the cofounder at Uni Cards , the startup offers direct mutual fund investments to retail investors.'The venture was initially built as a separate platform but within Uni Cards. Post this funding round, the firm and the team have been hived off from Uni,' Jindal told ET. He added that while he continues to be a shareholder at Uni Cards, he has resigned from an executive role in the with a registered investment advisor (RIA) licence, the platform offers advisory services on its clients' mutual fund investments and also offers transactions through the said that he believes that the Indian mutual fund market will grow to 100 million users over the next three to four years from around 55 million currently, and investors would look for proper advisory services on which funds to buy and sell.'There are many competitors in the wealth management space in India, but I am targeting retail investors with a ticket size of anywhere between Rs 5 lakh and Rs 2 crore,' Jindal Money's funding round comes at a time when there is heightened activity in the Indian wealth management ecosystem. Players like Centricity, Dezerv, Angel One-backed Ionic Wealth are taking shape in this space, looking to carve out a niche in the growing market. Stock broking major Groww recently closed the acquisition of Fisdom to set foot in the wealth management space as Money wants to build a technology-led product, which will generate good-quality advisory and portfolio management services to its clients for free. The company is also offering a paid subscription service, which will offer quarterly reviews and additional services.'While this will be my customer acquisition strategy, I am looking to generate revenue from end-to-end portfolio management services, which is what I am building towards,' Jindal a team of 30-35 individuals, Jindal is looking to use the freshly raised funds for strengthening the research vertical, building more products to cater to consumer requirements, and scaling up customer acquisition.
India Today
10-06-2025
- Sport
- India Today
Parth Jindal calls for new manager after India's unacceptable Hong Kong loss
Bengaluru FC co-owner and JSW Sports' Parth Jindal has publicly urged the All India Football Federation (AIFF) to bring in a new head coach following India's dismal 0-1 defeat to Hong Kong in the AFC Asian Cup Qualifiers on June 10. The result, coming on the back of a 3-0 friendly drubbing by Thailand, has sparked widespread frustration, with Jindal's social media post amplifying the growing discontent among JSW scion didn't mince words in his criticism, demanding sweeping changes in Indian football's leadership and structure. Jindal's reaction reflected the mood of many Indian supporters who have watched the team consistently fall short in key international fixtures despite promises of is completely unacceptable @IndianFootball - just not good enough under any circumstances - deep introspection needed by the AIFF - this is not what all of us lovers and backers of Indian football have spent our hard earned money and effort to witness - get a manager and a— Parth Jindal (@ParthJindal11) June 10, 2025"This is completely unacceptable @IndianFootball - just not good enough under any circumstances - deep introspection needed by the AIFF - this is not what all of us lovers and backers of Indian football have spent our hard earned money and effort to witness - get a manager and a system that works - it's high time - there is too much effort to see a result like this," Jindal wrote in his Against Hong Kong, India were undone by a moment of defensive recklessness in injury time. Goalkeeper Vishal Kaith rushed off his line in an attempt to clear the ball but ended up fouling Hong Kong forward Michael Udebuluzor inside the box. The referee had no hesitation in awarding a penalty, and Stefan Pereira calmly converted from the spot in the 90+4th minute to seal a famous win for Hong for their part, had their chances. Ashique Kuruniyan squandered a golden opportunity in the first half after being played through by Liston Colaco. But as has often been the case in recent outings, India lacked the clinical edge required to make their dominance coach Igor Marquez's decision to start without Sunil Chhetri — who had returned from retirement to aid a faltering attack — also raised eyebrows. His replacement, Lallianzuala Chhangte, struggled to make an impact, while the midfield looked disconnected and uninspired defeat deepens the crisis surrounding the national team, not just in terms of results but also tactical clarity and team morale. With qualification hopes for the Asian Cup now hanging by a thread, serious questions are being asked of the coaching staff and the AIFF's direction.
Hindustan Times
10-06-2025
- Sport
- Hindustan Times
Parth Jindal demands deep introspection after India's poor show vs Hong Kong: 'Not good enough under any circumstances'
Team India faced backlash after their another underwhelming performance in a crucial match as they lost 0-1 to Hong Kong in the 2027 Asian Cup Qualifier. The Blue Tigers failed to break the deadlock and conceded an injury-time goal to lose the match. It was another match where the Indian forwards were not clinical enough to convert the chances into goals, which led to another embarrassment. India did pretty well to create a few chances in the first half despite Hong Kong enjoying more possession, but they failed to get the job done in the final third to score a goal. Indian Super League club Bengaluru FC owner Parth Jindal couldn't control his emotions after the Indian team's sub-par performance and lashed out at AIFF, demanding deep introspection for the repeated failures. "This is completely unacceptable @IndianFootball - just not good enough under any circumstances - deep introspection needed by the AIFF - this is not what all of us lovers and backers of Indian football have spent our hard earned money and effort to witness - get a manager and a system that works - it's high time - there is too much effort to see a result like this," Jindal wrote on X. Meanwhile, it was goalkeeper Vishal Kaith's failed attempt to palm the ball to after after coming out of the goalline, as he ended up hitting Michael Udebuluzor. The referee straightaway awarded Hong Kong a penalty in the injury time. Stefan Pereira (90 + 4) stepped up to take the spot kick and shot the ball to the right of Kaith, who was also shown a yellow card for his injury-time foul and Hong Kong sealed the game 1-0. Earlier, India coach Manolo Marquez kept out veteran striker Sunil Chhetri from the starting XI but it didn't help the visitors much as they were once lacked the finishing touch to score a goal in the first half. Both India and Hong Kong have had their moments but neither side could convert in a tightly contested first half of this crucial 2027 AFC Asian Cup Qualifier. India continued to generate opportunities in the second half, notably in the 81st minute when Lallianzuala Chhangte delivered a brilliant cutback to Chhetri inside the Hong Kong box. However, the veteran striker couldn't connect cleanly, missing a key chance. This outcome marks a setback for India, especially after their goalless draw against Bangladesh in their opening Asian Cup qualifying match back in March.
