Latest news with #VivekJain
Time of India
11-06-2025
- Business
- Time of India
SUD Life NIFTY Alpha 50 Index Pension Fund: New fund for pension plan investors launched; check details
he SUD Life NIFTY Alpha 50 Index Pension Fund diversifies across high-growth sector. (AI image) Star Union Dai-ichi Life Insurance Company has launched a new equity fund for its pension plan customers. The SUD Life NIFTY Alpha 50 Index Pension Fund brings a focused approach to long-term wealth creation by investing in 50 high-performing stocks selected from the top 300 companies. The fund will track the benchmark NIFTY Alpha 50 Index which boasts a proven track record, having demonstrated strong performance over its 12-year market presence. The index has clocked a CAGR of more than 30% in the past five years. The SUD Life NIFTY Alpha 50 Index Pension Fund diversifies across high-growth sectors, including financial services, consumer goods, capital goods & infrastructure, healthcare and technology. It combines strategic sector allocation with rigorous stock selection, thereby offering investors a powerful channel to build a robust retirement corpus while actively participating in India's market growth story. The portfolio will undergo a strategic refresh every quarter, ensuring consistent relevance and optimal performance. 'We are introducing a strategic asset for our customers. This fund is a direct reflection of our commitment to providing high-performance investment pathways specifically designed for long-term retirement planning,' says Abhay Tewari, MD & CEO of Star Union Dai-ichi Life Insurance Company. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch vàng CFDs với mức chênh lệch giá thấp nhất IC Markets Đăng ký Undo The SUD Life NIFTY Alpha 50 Index Pension Fund blends equity market exposure with the disciplined savings framework of a unit-linked pension plan. Vivek Jain, Chief Business Officer of Life Insurance at Policybazaar, says, 'In India, retirement planning is often seen as a balancing act between cautious savings and the hope of market-linked growth. The SUD Life NIFTY Alpha 50 Index Pension Fund is designed to utilise India's high-growth sectors while prioritizing long-term stability. ' Unit-linked pension plans are a good way to build a retirement corpus. However, pension plans from life insurance companies have higher charges compared to the ultra low-cost New Pension System (NPS). The NPS also offers greater choice and flexibility to investors. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Entrepreneur
05-06-2025
- Business
- Entrepreneur
Stride Green, Khari Foods, and The Tarzan Way Raise Early-Stage Funding
The Indian brands have announced their latest investment rounds. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Stride Green Raises USD 3.5 Mn Funding Led by Micelio Stride Green has raised USD 3.5 million in a seed round led by Micelio Technology Fund and Incubate Fund Asia, along with other strategic investors. The funding will be deployed to scale its tech-enabled asset financing and lifecycle management solutions for India's clean energy sectors, including electric mobility, battery storage, and renewable energy. It will also be used to expand the team and deepen technological capabilities. Founded by Ishpreet Gandhi and Vivek Jain, Stride Green is a climate-tech platform offering end-to-end leasing, financing, and lifecycle management services for sustainable businesses. Its proprietary technology stack provides real-time analytics, operational alerts, and insights that enhance asset performance and longevity. Currently, the Gurugram-based platform manages over 3,000 cleantech assets and partners with OEMs and logistics companies. "At Stride Green, we're driven by deep domain expertise and a clear purpose to develop innovative and scalable solutions for the climate-tech ecosystem," said Vivek Jain, Co-Founder and CEO. "With mission-aligned partners like Micelio and Incubate, we are empowered to deliver high-impact solutions for a more sustainable future." Stride Green now aims for vertical and geographic expansion, positioning itself as a critical enabler in India's green economy transition. Khari Foods Secures INR 3 Cr from Meri Punji IMF Grahill Wellness, the parent company of Delhi-based clean-label brand Khari Foods has raised INR 3 crore in a seed round led by Meri Punji IMF Private Limited to scale its healthy snacking footprint nationwide. The funds will be deployed toward product innovation, team expansion, R&D, and strengthening marketing and distribution across tier I and tier II cities. Founded in 2022 by Yash (Co-Founder and CEO) and Sunil Bansal (Co-Founder and COO), Khari Foods offers palm oil-free, maida-free snacks enriched with fibre and micronutrients. Its diverse product line includes Ragi Crispies, Beetroot Crispies, Jowar Puffs, Snack Mixes, and Dates-based sweets—designed for health-conscious consumers aged 20–40 in urban and semi-urban markets. "From day one, our focus has been on building a brand that delivers nutritious, flavourful snacks made for Indian tastes, without cutting corners," said Yash. "This INR 3 crore fundraise marks a pivotal moment for us, enabling faster growth and exciting new launches." Backed by a state-of-the-art facility in Haryana, Khari Foods stands out with proprietary formulations and end-to-end supply chain control. The brand is projecting a 208% jump in annual revenue run rate this year, underlining its momentum in India's evolving healthy snacking segment. The Tarzan Way Bags INR 2 Cr from Inflection Point Ventures and more Noida-based AI-powered travel tech startup The Tarzan Way has secured INR 2 crore in seed funding, led by Inflection Point Ventures, with additional backing from Your Trips Limited (UK), Prateek Maheshwari (Founder, PhysicsWallah), and other angel investors. The funds will be allocated towards product development (35%), operations (25%), marketing (20%), HR (15%), and miscellaneous needs (5%), including the launch of the startup's upcoming "Exploration App." Founded in 2020 by Shikhar Chadha and Shivank Tripathi, The Tarzan Way empowers users to design hyper-personalised, authentic holidays in seconds using AI. The platform combines deep tech with a storytelling approach to deliver immersive itineraries, a smart booking engine, 24/7 live concierge, and one-click travel planning. "Our passion lies in creating memories that last. We don't just plan trips; we help people craft stories that stay with them forever," said Shikhar Chadha, Co-founder. Ankur Mittal, Co-founder of Inflection Point Ventures, added, "Tarzan Way bridges the gap between rigid travel plans and chaotic self-planning, offering travellers smart, tailored experiences." With 300% YoY revenue growth, 70% MoM user growth, and INR 13.5 Cr in gross bookings, The Tarzan Way is quickly establishing itself as a global leader in experiential, tech-driven travel.
Time of India
05-06-2025
- Business
- Time of India
Cleantech asset financier StrideGreen raises $3.5 million from Micelio Tech Fund, Incubate Fund Asia
StrideGreen , a climate-tech focused asset financing and management platform, has raised $3.5 million in a funding round led by the clean mobility focused Micelio Technology Fund . The round also saw early-stage venture capital firm Incubate Fund Asia participate. The funds will be used to strengthen StrideGreen's product offerings and expand its team. 'Largely, the deployment is focused on bringing expertise into the system. This could be in the form of talent, technology, or various new initiatives that we are currently exploring,' cofounder and chief executive Vivek Jain told ET. 'The second aspect is creating bespoke solutions, which will require some capital commitments from our side.' Founded in 2024 by Jain and founder and managing partner of Stride Ventures Ishpreet Singh Gandhi, the Gurgaon-based firm provides climate-tech-focused financing, leasing solutions, data-driven insights, and strategic advisory services. According to the business-to-business (B2B) firm, its proprietary technology enables real-time data analytics, alerts, and operational insights, helping improve asset performance and extend their lifespan. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories In the electrification space, StrideGreen serves businesses across sectors such as quick commerce, ecommerce, food delivery, traditional logistics, and employee transportation, among others. According to Jain, the platform currently manages over 2,500 assets. 'The clean energy transition is something we are actively exploring. We've started with electric mobility, are moving into battery storage, and are entering the renewable energy space,' Jain added. It will expand these verticals in the next three to four quarters. India's clean-tech sector has seen a rise in investments, surpassing China in clean technology funding in the third quarter of 2024, with deals totalling around $2.4 billion, it said. Commenting on the investment, Alok Chauhan, Principal, Micelio Technology Fund said, 'The transition to clean mobility requires specialised financing infrastructure that can evolve with innovation. Stride Green's tech-first platform addresses a critical gap between traditional financing and clean mobility's unique needs—helping unlock significant capital for the sector.'
The Hindu
31-05-2025
- Health
- The Hindu
DMC bars 2 Fortis doctors from claiming neonatology credentials pending inquiry into qualifications
The Delhi Medical Council (DMC) has ordered that two doctors associated with Fortis Hospital, Shalimar Bagh, to refrain from claiming specialist credentials or practicing as super-specialists in neonatology, pending an inquiry into their qualifications. This action comes in the wake of a long-standing legal battle over the alleged medical negligence that left a child in a permanent vegetative state. In the May 21 order addressed to Fortis Hospital, Shalimar Bagh, the DMC said: 'Considering the material on record and information received from the UK General Medical Council regarding Dr. Vivek Jain, the Executive Committee of the Delhi Medical Council, in the public interest, takes the prima facie view that, pending further inquiry, both Dr. Akhilesh Singh and Dr. Vivek Jain should refrain from claiming neonatologist status and practicing as super-specialists'. 'Their credentials as qualified pediatricians are also pending inquiry,' the DMC said. The decision was taken at a meeting of the DMC's Executive Committee held on May 19, 2025, following a complaint by Mr Sachin Jain — father of five-year-old Devarsh Jain — who has accused the two doctors of endangering public health by practicing as specialist without qualifications. Also read: Five-year-old in vegetative state, parents move court Based on available records, the council found that Dr. Akhilesh Singh is registered only with an MBBS qualification. 'He thus cannot claim himself to be a specialist,' the DMC said. The controversy traces back to 2017 when Devarsh Jain was born at Fortis Hospital and allegedly suffered a hypoxic brain injury during his neonatal care. According to the petition filed before the Delhi High Court, the parents claimed that Dr. Jain and Dr. Singh were allowed to function as neonatologists without the requisite qualifications, contributing to the child's severe and irreversible condition. The child's father alleged that after the injury was inflicted, the hospital concealed the true extent of the damage, discharged the baby with a 'healthy' status, and later misled the parents during follow-up consultations. The child was eventually diagnosed with West Syndrome, epilepsy, and cerebral palsy after months of untreated seizures and spasms. The petition claims that timely medical intervention could have significantly mitigated his suffering. A 2019 DMC order had earlier exonerated the doctors, stating that standard medical protocols were followed. However, the High Court stayed that order in 2020, and the matter has remained under judicial scrutiny since. On March 12 this year, the Delhi High Court directed the DMC to file affidavits clarifying whether the doctors' qualifications entitled them to practice as specialists in India. On May 5, the DMC informed the court that an inquiry had been initiated into their credentials.
Indian Express
29-05-2025
- Health
- Indian Express
Refrain from practising as super specialists: Delhi Medical Council to Fortis' doctors
The Delhi Medical Council (DMC) has asked two doctors of Fortis Hospital in Shalimar Bagh to refrain from claiming neonatologist status and practising as super specialists amid an ongoing inquiry. In a letter to the medical superintendent of the hospital, the council informed that the two doctors — Dr Akhilesh Singh and Dr Vivek Jain — cannot claim the status. 'Their credentials as qualified pediatricians are also pending inquiry,' the DMC said. The council wrote the letter to the hospital based on a complaint received against the two doctors and a Delhi High Court order that followed. The Delhi Medical Council's Executive Committee has also sought a reply from the private hospital and the doctors. In a statement, Fortis Hospital, Shalimar Bagh, said that the order has been passed without their knowledge or opportunity for the doctors to present their case. 'We are astonished by the recent order, which seems to have been passed without our knowledge or opportunity for the doctors to present their case. The lack of prior notice for any hearing raises concerns about the order's validity. Notably, the Delhi Medical Council's 2023 affidavit to the Hon'ble High Court did not question the doctors' qualifications, making this development surprising. We are currently reviewing the order and will take appropriate legal action. Given the matter's sub judice status, we will refrain from further comments at this time,' said Fortis Hospital. While Dr Vivek Jain refused to comment on the matter, Dr Akhilesh said he has not received the DMC order yet. A writ petition was filed in the Delhi High Court against the two doctors, where the mother of a five-year-old boy alleged that the hospital deliberately concealed his birth injury and deprived him of timely treatment. According to the petition filed by Advocate Sachin Jain on behalf of the woman, her child suffered brain hypoxic injury at Fortis Hospital during his birth in 2017. The woman alleged that the hospital concealed this injury from her by fabricating the child's medical records. 'The child eventually became permanently vegetative and developed a rare medical condition known as 'West Syndrome'. He is living in deep pain and suffering from a high degree of epilepsy and cerebral palsy,' the petition underlined. She also claimed that the child remained in the neonatal intensive care unit (NICU) at Fortis Hospital for 11 days after birth. Then, Dr Vivek Jain and Dr Akhilesh Singh discharged the child, stating that there is no sign of any injury. Jain also submitted a complaint with the DMC and alleged that the two doctors are unqualified but have been practising in the Neonatal ICU at Fortis Hospital, Shalimar Bagh, New Delhi. 'They don't even possess the requisite qualifications to be an expert or a specialist. Yet, they are practicing in these critical units of a super-speciality hospital and administering treatment to critically ill neonates and infants, thereby posing a serious threat to their lives and limbs,' he said. In March, the High Court directed the DMC and National Medical Council to file an affidavit on the qualifications of the two doctors.
