Category: Business

  • Seeti 2.0 puts Meghalaya on the global culinary map through deep cultural immersion

    Seeti 2.0 puts Meghalaya on the global culinary map through deep cultural immersion

     

    Shillong, April 6, 2026: Seeti 2.0, a never-before-seen five-day culinary immersion initiative, brought together around 50 chefs, creators, and storytellers for an experience designed to go beyond conventional food tourism in Meghalaya. Unlike typical food festivals, Seeti 2.0 focused on deep cultural engagement, with participants experiencing Meghalaya through its communities, landscapes and traditions.

    Seeti Movement is a platform for people in the food industry to come together at different locations and experience not only the space, but also celebrate the generosity of feeders. The guests give back to each other or to the environment. Rooted in a pillar of generosity, it seeks to reawaken the spirit of Atithi Devo Bhava, fostering a culture of respect, openness, and shared value. Rather than fleeting engagement, it builds lasting ideas, collaborations, and intellectual capital beyond the event itself.

    “This year, Seeti 2.0 Meghalaya Experience decided to do things differently. Keeping our mission in mind, we explored how we could work in the North East and introduce it to our storytellers, so they can carry the food, craft, and culture of Meghalaya forward. We wanted to understand what we could give to Meghalaya, and what we could introduce to the rest of the world as well. This year, Seeti 2.0 Tables in the Clouds not only focused on the food of India and the food industry, but also directly invited local chefs to curate experiences, and to share and participate in our panel discussions,” said Priyadarshini Raje Scindia, Co-Founder of the Seeti Movement.

    The Seeti 2.0 Meghalaya experience was preceded by nearly a year of on-ground research and curation, with the team mapping Meghalaya’s landscapes, communities and food systems to identify locations and narratives that best represent the state’s diversity. This translated into carefully designed experiences set in unique and context-rich environments, from curated meals following the visit to the sacred forest, to immersive sessions at tea estates overlooking Umiam Lake, allowing participants to engage with the cultural and ecological significance of each setting rather than viewing them as standalone destinations. The programme was also structured around the cultural identities of Meghalaya’s Khasi, Jaintia and Garo communities.

    “Designed as a cultural platform rather than a conventional food event, Seeti focused on creating deeper connections between our Storytellers and local contexts. In many food-led events, the deeper conversation gets lost if it is only about food. We wanted each experience to reflect something iconically rooted in the place. A key aspect of the initiative was its emphasis on participation over observation, allowing visitors to experience food within its cultural and social context. People begin to feel a sense of ownership when they experience something meaningful, whether it is an experience at the sacred forest, a tea estate or a community meal,” said Sid Mewara, Co-Founder of the Seeti Movement.

    Mewara also noted, “Many visitors arrived with a limited understanding of regional cuisines. There is a perception that it is only very spicy or non-vegetarian food, but once people experience it, they realize the depth and diversity, from vegetarian dishes to subtle flavours that can be cherished among the locals at breathtaking venues”.

    The Seeti 2.0 Meghalaya programme also highlighted how local food systems are inherently sustainable. Organizers pointed to practices such as local sourcing, low carbon consumption, use of whole ingredients and community-based food systems as examples of long-standing ecological balance.

    “The initiative also reinforced the importance of responsible and respectful tourism, encouraging visitors to engage with heritage spaces such as sacred forests and community-owned ecosystems. The initiative also highlighted how food can serve as an entry point into larger conversations around identity, sustainability and responsible tourism. The idea was to balance heritage and modernity, with visits to contemporary dining spaces alongside traditional settings, offering a holistic perspective on the evolving Northeastern urban culture,” said Priyadarshini.

    While the on-ground programme involved around 50 participants, organizers said its impact is designed to scale through Live and post-event storytelling through its carefully selected guests, which included world-renowned chefs, hoteliers, investors, traditional media, new age content creators, and marketing professionals. Seeti 2.0 aimed to enable its guests to become its storytellers, to accelerate inbound tourism for the State.

    Seeti 2.0 Meghalaya Experience was also designed to merge with Meghalaya Government’s existing food festival, Culinary Cascades, where Seeti 2.0 storytellers were again able to directly meet farm-to-table vendors and chefs, as well as hold a panel on the future of Meghalaya’s food, craft, and journey.

    The founders of Seeti 2.0 also highlighted the role of Meghalaya Government’s Support in enabling the initiative, noting that proactive coordination by state agencies helped facilitate access and logistics across locations. When a state comes forward and supports an initiative like this, it allows us to build something much larger than an event. It creates an ecosystem that organically surpasses the event.

    Following the success of Seeti 2.0 Meghalaya edition, the experience has emerged as a scalable model for cultural tourism in India, with organizers positioning the platform as a format that can be adapted across states by combining food, community engagement and storytelling at offbeat locations. The event also includes a long-form film documenting the experience, with participants serving as storytellers, carrying narratives to wider audiences.

  • Europe accounts for half of the world’s top 10 seasonal chocolate markets: Euromonitor International

    London, UK – From Easter eggs in the UK and Germany to refined gifting boxes in France and Switzerland, Europe continues to dominate the seasonal chocolate industry, accounting for half of the world’s top 10 seasonal chocolate markets by value, according to market intelligence company Euromonitor International.

    Among those top markets, the fastest value growth in 2025 is being recorded in Switzerland (23%), Germany (18%) and France (18%). However, this surge is largely price-driven rather than demand-led, reflecting the impact of tariffs and the passthrough of high cocoa commodity costs. Outside of Europe, the US, Japan, Canada, Brazil and Australia appear on the ranking.

    Meanwhile, the global seasonal chocolate market reached USD 16 billion globally in 2025, underlining the category’s enduring importance even as consumers become more price conscious.  According to Euromonitor International’s Voice of the Consumer: Lifestyle Survey, fielded January to February 2026, 29% of global consumers tend to eat snacks during the holidays, a figure that remains unchanged from 2025.

    Carl Quash III, global insights manager for snacks at Euromonitor International, said: “Despite chocolates made with costly cocoa still in market and evolving geopolitical risks, like global conflicts and SNAP food restrictions, demand for seasonal chocolate is holding up better than others because of the strong emotional and tradition-driven value assigned to it.”

    Retail takes the lead as supermarkets shape Easter chocolate innovation

    Supermarket retailers have emerged as some of the most dynamic innovators in the seasonal chocolate space, with retailers such as Aldi, M&S, Waitrose and Costco driving growth through curated collections, limited-edition ranges and experience-led products that tap into consumer demand for novelty and shareability.

    According to Quash: “Supermarkets are uniquely positioned in that they hold large consumer reach with real-time visibility into purchasing behaviour, emerging preferences and now more tapped into social media trends – even displaying visually striking ‘Dubai-style’ chocolates and other pistachio-infused creations for example. Unlike traditional retailers, supermarkets provide scale for testing limited editions, rotating seasonal offerings and fulfilling consumer affordability demands through private labels. Retailers are also evolving to quickly reposition brand identity and create in-store experiences that feel fresh, relevant and exclusive.”

    Climate change and geopolitical tensions impact the market in the coming years

    While seasonal chocolate continues to show strong global growth, the underlying story is less about rising consumption and more about rising costs. Value gains across key markets are being driven primarily by higher prices linked to the ongoing cocoa supply crisis, itself exacerbated by climate change and sharp harvest decline in major producing countries. At the same time, geopolitical tensions, including trade disruptions and tariffs on key inputs such as cocoa butter, sugar and dairy are adding further pressure to already strained supply chains.

    Quash added: “Behind the headline growth in Easter chocolate lies a more complex reality. Climate-related disruptions to cocoa production, combined with geopolitical pressures on trade and inputs have pushed prices higher globally, meaning consumers are often paying more for less, even as the emotional importance of seasonal chocolate remains unchanged.”

    Read more insights on Chocolate Confectionery at Euromonitor’s Insights Hub to explore how global trends, pricing pressures and innovation are shaping the future of seasonal chocolate.

  • CriticalRiver and Anthropic Announce Partnership to Deliver Responsible AI at Enterprise Scale

    CA/India, Apr 06: CriticalRiver Inc. and Anthropic today announced a partnership that positions CriticalRiver among a select group of global organizations chosen to help enterprises adopt and deploy Claude at scale. The partnership marks a significant milestone in CriticalRiver’s evolution as an Agentic Enterprise enabler, bringing its deep implementation expertise to one of the most consequential AI programs launched in 2026.

    The AI economy represents a multi-trillion dollar opportunity in the making. Capturing it requires more than access to frontier AI models. For enterprises, it requires a partner who understands their systems, their constraints, and the outcomes they are accountable for. That is precisely the gap this partnership is designed to close, combining Anthropic’s frontier capabilities with CriticalRiver’s deep enterprise implementation expertise to deliver responsible AI where it matters most.

    Anthropic has assembled a select group of global partners to serve this role: organizations with the domain depth, engineering rigor, and enterprise reach to take Claude from proof of concept to production. CriticalRiver’s inclusion in that group reflects a decade of outcomes-led work across global enterprises. This is not a badge. It is a mandate.

    Backed by an initial $100 million investment for 2026, the Anthropic Claude Partner Network provides enablement, resource acceleration and joint market development for partners helping enterprises adopt Claude, with Anthropic expecting to invest even more over time.

    Through the partnership, CriticalRiver gains access to Anthropic’s Partner Portal, Anthropic Academy training materials, priority support, and the first Claude technical certification. For CriticalRiver’s customers, this translates into deeper implementation expertise and faster deployment.

    Speaking at the launch of the Anthropic Claude Partner Network, Steve Corfield, Head of Global Business Development and Partnerships at Anthropic, set out the ambition behind the program:

    “This infrastructure is built so that any firm, at any scale, can build a Claude practice. Our partners are instrumental in getting enterprises from proof of concept to production with Claude, and we’re making sure they have everything they need to do it,” said Steve Corfield.

    At Anthropic’s inaugural Partner Summit in Carlsbad, California, he added, “We really want to demonstrate that Anthropic is the most committed AI company in the world to the partner ecosystem.”

    Among the organizations Anthropic has chosen to help deliver on that commitment, CriticalRiver brings the implementation depth to take Claude from pilot to production across some of the world’s most complex enterprise environments.

    “Our partnership with Anthropic is a defining step in CriticalRiver’s evolution as an Agentic Enterprise enabler. Anthropic’s commitment to responsible, high-capability AI is exactly the foundation our clients need, and we are proud to be the trusted partner that makes that vision a reality, said Anji Maram, Founder and CEO, CriticalRiver Inc.

    Invited as part of the first cohort of global partners, the CriticalRiver team attended the Partner Kickoff Summit held earlier this month at Carlsbad, California. The invite-only event brought together select Hyperscaler, System Integrator, Services, and ISV partners for two days of executive keynotes, strategic vision sessions, and go-to-market alignment, themed Win Enterprise AI. Together.

    For Tarun Srivastava, Chief Customer Officer at CriticalRiver Inc., the summit reinforced the scale of what is now in motion:

    “Feels like one of those early moments you remember later. The focus is not on incremental use cases. It’s on productivity at scale, agentic workflows, and building truly transformational products. There is strong, deliberate investment in the partner ecosystem. The intent is clearly to co-build and take these capabilities into real enterprise environments,” said Tarun Srivastava.

    Enterprises that partner with CriticalRiver gain a direct path from AI ambition to AI impact. Enterprises working with CriticalRiver gain access to Claude’s advanced language and reasoning capabilities across their core workflows, from optimizing existing systems and automating manual processes to deploying pre-built vertical solutions that deliver measurable results faster. Whether the goal is reducing operational overhead, accelerating software delivery, or building intelligent agents for complex workflows, CriticalRiver brings the implementation expertise to make it real. As Anthropic continues to scale the Anthropic Claude Partner Network globally, CriticalRiver is positioned to serve as the trusted implementation partner for organizations ready to move from AI ambition to AI reality.

  • KEZAD Group Attracts AED 147 Million in New Projects Across Al Ain and Abu Dhabi

    Five new projects span more than 84,000 sqm and create 500 jobs, extending KEZAD’s strong 2025 growth momentum

    KEZAD Group Attracts AED 147 Million in New Projects Across Al Ain and Abu Dhabi

    Abu Dhabi, UAE – 06 April 2026: Khalifa Economic Zones Abu Dhabi – KEZAD Group, one of the largest operators of integrated and purpose-built economic zones in the region, today announced that it has attracted five new industrial and logistics projects across KEZAD Al Ain and KEZAD Al Ma’mourah – Abu Dhabi, with investors committing a combined investment of AED 147 million, a total footprint of over 84,000 square metres, and the creation of 500 jobs.

    The projects include Haber/Elixir, which will establish an oilfield chemicals blending facility; Grand Line Industries, which will set up a car cleaning products manufacturing facility; Precent Enterprises Metals Coating, which will develop a metal forming and coating facility; Unibal Group Investment, which will develop its second industrial and logistics warehousing project in the Emirate of Abu Dhabi and its first project in KEZAD Al Ain (Unibal Park II). Meanwhile, Al Lul Transport & General Contracting, will develop a major industrial and logistics warehousing project in KEZAD Al Ma’mourah.

    The projects add to the momentum KEZAD built in 2025, when it reached 73.6 sq km of leased land, recording 3.3 sq km of net new land leases, with 67 per cent of total land leases linked to industrial and manufacturing activity. The AD Ports Group’s Economic Cities & Free Zones cluster, which KEZAD Group is a part of, also reported AED 2.87 billion in revenue in 2025, up 45 per cent year on year. 

    Abdullah Al Hameli, Chief Executive Officer, Economic Cities & Free Zones, AD Ports Group, said: “These new projects reflect steady demand for industrial and logistics assets that support real economic activity in Abu Dhabi. The combined scale of investment, the diversity of sectors involved, and the 500 jobs these projects are expected to create are the highlights of these projects. This is the kind of growth that strengthens Abu Dhabi’s industrial base in practical terms, adding production capability, warehousing capacity, and long-term value across the wider trade ecosystem.”

    Four of the projects are in KEZAD Al Ain, where they represent a little more than a combined 37,400 square metres, AED 47 million in investment, and 200 jobs. The fifth project, located in KEZAD Al Ma’mourah in Abu Dhabi, represents more than 46,500 square metres, AED 100 million in investment, and 300 jobs, making it the largest of the five by both value and employment.

    The latest agreements show that businesses continue to choose KEZAD for infrastructure that is ready, connected, and built for growth. From specialist chemicals and metal processing to warehousing and logistics development, these projects add depth to KEZAD’s industrial offering and support its role in enabling investors to scale with confidence in the emirate of Abu Dhabi.

    The new agreements come at a time when KEZAD continues to expand its industrial and warehousing base. In 2025, the Economic Cities & Free Zones cluster delivered 146,000 square metres of new warehouse capacity, while maintaining 91 per cent warehouse occupancy despite this additional supply. KEZAD also continued to advance specialised hubs including Metal Park, Rahayel Auto and Mobility City, Agtech Park, and Abu Dhabi Food Hub, widening its offer across core industrial sectors.

    As Abu Dhabi continues to strengthen its industrial and logistics base, KEZAD Group remains focused on enabling investors with integrated solutions that bring together industrial land, warehousing, utilities, and connectivity within one operating environment.

  • Virgin Atlantic Steps Up Bengaluru Operations To 13 Weekly Flights, Approaching Double-daily Service

    Virgin Atlantic Steps Up Bengaluru Operations To 13 Weekly Flights, Approaching Double-daily Service

     

    Virgin Atlantic is increasing services between London Heathrow and Bengaluru (Bangalore) from 11 to 13 flights per week from 1st June 2026 through to the end of the Summer season, marking a significant step towards doubledaily operations on the route. 

    The enhanced schedule builds on the airline’s growing Bengaluru presence and follows the introduction of additional frequencies earlier this year. The move reflects Virgin Atlantic’s continued focus on strengthening its India network and optimising connectivity across key global markets. 

    With India representing Virgin Atlantic’s largest area of growth outside the United States, the expanded Bengaluru schedule complements the airline’s double daily services from London Heathrow to both Delhi and Mumbai. It also further deepens the airline’s partnership with IndiGo, enabling seamless connections to more than 30 destinations across India, including Goa, Amritsar and Jaipur. 

    As one of India’s leading technology and innovation hubs, Bengaluru plays a critical role in global business travel. Increasing frequency on the route will support more consistent connectivity between the city and the UK, while improving access to onward destinations across North America, including Toronto, Seattle, San Francisco and New York JFK, through Virgin Atlantic’s joint venture with Delta Air Lines and Air France-KLM. 

    The Bengaluru service continues to be operated by Virgin Atlantic’s Boeing 787-9 Dreamliner, offering 31 Upper Class, 35 Premium and 192 Economy seats, alongside the airline’s signature Upper Class social space.

    Virgin Atlantic has significantly grown its presence in India since 2019, increasing capacity by over 250% and now offering more than 500,000 seats annually between the UK and India. With the continued growth of its Delhi, Mumbai and Bengaluru services, Virgin Atlantic is also increasing its crew complement on India routes, raising the number of crew per flight to six to further enhance the onboard experience.

     Shivani Singh, Country Manager – India, Virgin Atlantic, added: “India continues to be one of Virgin Atlantic’s most dynamic and fastest‑growing markets, and Bengaluru is central to that growth. Our enhanced schedule ensures a more consistent and well‑timed service during the busy summer season, complementing our doubledaily flights to Delhi and Mumbai. We are proud to offer customers greater choice and seamless connectivity across the UK, North America and beyond. This milestone reinforces Bengaluru’s position as a key market for Virgin Atlantic and reflects our long‑term commitment to India and to making every journey thoughtful, seamless, and memorable.” 

    Virgin Atlantic also announced that flight VS358/359 operating on the London Heathrow–Mumbai (LHR–BOM) route will temporarily switch from the Boeing 787 to the Airbus A350 between 28th March and 15th May 2026. This change adds 30% more capacity on the route, further strengthening connectivity during the busy travel season.

  • Refroid Technologies Appoints Vijay Sampathkumar as Chief Business Officer to Drive Global Expansion of AI Data Center Infrastructure

    Industry veteran to scale Refroid’s AI datacenter infrastructure business globally, leveraging India-based engineering and manufacturing

    India – Apr 06 — Refroid Technologies, an India-headquartered datacenter infrastructure company focused on enabling next-generation AI and high-performance datacenters, today announced the appointment of Vijay Sampathkumar as Chief Business Officer (CBO). In this role, Vijay will lead Refroid’s global go-to-market strategy, partnerships, and business expansion, taking the company’s Make-in-India datacenter infrastructure innovations to international markets.

    Vijay brings extensive leadership experience in the datacenter cooling and infrastructure ecosystem and has played a key role in advancing next-generation cooling technologies across emerging and high-growth data center markets. At Refroid, he will focus on strengthening strategic partnerships, accelerating adoption of advanced cooling technologies, and scaling the company’s presence across global AI datacenter ecosystems.

    Satya Bhavaraju, CEO of Refroid Technologies, commented, “Vijay brings deep domain expertise and a global perspective on datacenter cooling and infrastructure technologies. As AI workloads drive unprecedented demand for high-density datacenters, Refroid is focused on building innovative infrastructure solutions from India for the global market. Vijay’s leadership will be instrumental in scaling our global go-to-market strategy and strengthening our position as an emerging innovator in AI datacenter technologies.”

    Vijay Sampath Kumar

    Vijay Sampathkumar, Chief Business Officer, Refroid Technologies, said: “India is rapidly emerging as a global hub for AI and datacenter innovation. Refroid has a unique opportunity to build globally competitive, Make-in-India datacenter technologies from hybrid load banks to advanced liquid cooling and deliver these innovations to datacenters worldwide. I am excited to help scale Refroid’s global footprint and strengthen partnerships across the AI datacenter ecosystem.”

    Prior to joining Refroid, Vijay served as Vice President & Country Manager – India and Southeast Asia at ZutaCore, where he led regional business expansion and drove adoption of direct-to-chip liquid cooling technologies across India, Southeast Asia, and the Middle East.

    At Refroid, his role will extend beyond cooling technologies to include the company’s broader portfolio of datacenter infrastructure innovations, including: Single-phase direct-to-chip liquid cooling (DCLC), Immersion cooling systems, Hybrid load banks & Advanced datacenter testing and validation infrastructure

    In the initial phase, Vijay will focus on expanding partnerships with server OEMs, AI infrastructure providers, and datacenter operators, while accelerating adoption of liquid cooling technologies including single-phase DCLC and immersion cooling. Refroid will also position its hybrid load banks as a critical solution for testing and validating high-density AI datacenter infrastructure.

    With engineering and manufacturing rooted in India, Refroid aims to leverage the Make in India initiative to build globally competitive datacenter technologies that support the growth of energy-efficient and sustainable AI infrastructure worldwide.

     

  • Noatum Ports Safaga Terminal – Egypt Receives STS and RTG Cranes, Enhancing Connectivity Across the Red Sea

    Abu Dhabi, UAE – 06 April 2026: Noatum Ports, the international ports operating arm of AD Ports Group (ADPORTS:ADX), today confirmed the delivery of three new ship-to-shore (STS) and six rubber tyred gantry (RTG) cranes to its new multipurpose terminal in Safaga, Egypt, marking a crucial step ahead of the opening later this year of a major new commercial maritime gateway on the Red Sea in southern Egypt.

    The Super Post-Panamax-class cranes made by Shanghai Zhenhua Heavy Industries Co. Ltd (ZPMC), a leading global manufacturer of industrial cranes, were successfully delivered following ocean transport from China, confirming the commencement of phased operational activities at Noatum Ports – Safaga Terminal, subsequent to the completion of major infrastructure development works.

    Noatum Ports Safaga Terminal - Egypt Receives STS and RTG Cranes, Enhancing Connectivity Across the Red Sea

    Strategically located on Egypt’s Red Sea coast, Noatum Ports – Safaga Terminal is poised to be the first internationally operated port terminal in the Upper Egypt region of southern Egypt, serving as a key gateway for the region and strengthening connectivity across Egypt, the Middle East, Africa, and global shipping routes. Designed to handle containers, general cargo, dry and liquid bulk, and Ro-Ro cargo, the terminal will support regional and international trade flows while delivering high productivity, deep draft capabilities, and best-in-class port operations, in addition to playing a central role in enabling industrial development across Upper Egypt and the wider Red Sea region, including container trade, project cargo for industrial and green energy infrastructure, and mining logistics.

    Mohammed Al Tamimi, Chief Executive Officer of Noatum Ports, said: “The arrival of the STS and RTG cranes marks a key operational milestone for Noatum Ports – Safaga Terminal, ahead of its opening later this year as a major gateway for economic development in southern Egypt. This milestone signals the transition from development to operations at a strategically important location. The terminal will serve as a key Red Sea gateway, supporting global trade flows and contributing to Egypt’s economic growth.”

    Noatum Ports – Safaga Terminal will span approximately 810,000 m2, featuring a 1,000-metre quay wall designed to handle up to 450,000 TEUs, alongside 5 million tonnes of dry bulk and general cargo, 1 million tonnes of liquid bulk, and 50,000 CEUs of Ro-Ro cargo.

    The development includes administration buildings, workshops, warehouses, and authority facilities, supported by comprehensive infrastructure, including roads, utilities, and integrated security systems.

    AD Ports Group has invested AED 193 million to procure the cranes for Noatum Ports – Safaga Terminal, which is expected to commence operations in the second half of 2026. The cranes form a part of a total investment of USD 200 million committed by the Group for the Safaga Terminal, following the award in 2023 of a 30-year concession to develop and operate the multipurpose terminal in partnership with Egypt’s Red Sea Ports Authority (RSPA).

    The project is partially financed through a USD 115 million facility from the International Finance Corporation (IFC), with participation from the National Bank of Kuwait – Egypt (NBK – Egypt) and other institutional investors, as announced by the Group in February 2026. The IFC managed co-lending portfolio programme carries a tenor of 15 years and reflects strong international confidence in AD Ports Group, as well as Egypt’s strategic role in the global supply chain.

    The new terminal forms part of AD Ports Group’s broader strategy to develop and operate high-performance port assets across high-growth trade corridors, particularly in Egypt, one of the Group’s most important international markets. The successful delivery of the cranes reflects Noatum Ports’ long-term commitment to investing in advanced infrastructure and state-of-the-art equipment, reinforcing its role in delivering safe, efficient, and reliable terminal operations worldwide.

  • JIIF invests over INR 150 crore across 100 early-stage startups; records 15 plus exits

    Apr 06: Earlystage investment platform JITO Incubation and Innovation Foundation (JIIF) has invested over ₹150 crore across more than 100 pre-seed and seed-stage startups over the past two years and plans to deploy an additional ₹80–100 crore over the next 12–18 months. The start-up incubator reported over 15 exits during the period. 

    The platform has also made a ₹26.5 crore investment in Mumbai-based Atomic Capital, marking its entry into a fund-of-funds approach. The move allows JIIF to participate in a wider set of investment opportunities beyond direct startup investments.

    JIIF said it plans to launch an accelerator programme focused on the Asia-Pacific region, covering India, the Middle East and Southeast Asia. The programme will target earlystage startups across sectors such as artificial intelligence, fintech, climate, mobility and digital infrastructure.

    Over the next 12–18 months, the platform plans to invest approximately ₹80–100 crore, with an aim to back 20–25 startups annually. Its investment ticket size currently ranges between ₹1.5 crore and ₹2 crore depending on stage and sector.

    The portfolio is spread across sectors including AI and deeptech (15%), consumer and D2C (25%), health (15%), fintech (15–20%), and mobility and sustainability (20%), among others. Some of the sectors, including consumer, mobility and fintech, have seen relatively quicker exits through secondary transactions and buybacks.

    Some of its portfolio companies include Aten Porus, Elixia, Zintlr, DTown Robotics, Nautical Wings, BatX, S3V, Stroom, Snackible, Elefant, among others across sectors such as SaaS, defence tech, mobility, sustainability, health tech and D2C.

    Commenting on the development, JIIF Chairman Jeenendra Bhandari said, “We have focused on building a founder-first investment platform that goes beyond capital. Our partnerships with platforms such as Startup Singham and Lead to Unicorn have helped us access high-quality opportunities. Our investment in Atomic Capital marks a significant step in expanding our investment capabilities and accessing differentiated opportunities. Alongside, the planned APAC accelerator programme will support founders at scale across geographies.”

    The platform said its exits have primarily taken place through secondary transactions and buybacks, with returns aligned to its target IRR of 20–30%+ over the lifecycle of investments.

  • Keturah Resort to reinforce UAE’s place among world’s fastest-growing wellness destinations

    Developer reveals four ultra-luxury waterfront mansions and 110 luxury apartments secured at Ritz-Carlton Residences 

    Dubai, UAE, 6th April; 2026:  Investors have secured four ultra-prime waterfront mansions and more than half of the luxury apartments at The Ritz-Carlton Residences at Keturah Resort, the Middle East’s first fully wellness-certified resort in Dubai. 

    Located on the shores of Dubai Creek and adjacent to the Ras Al Khor Wildlife Sanctuary, the Resort continues to advance steadily, with construction activity continuing as planned in recent weeks, luxury developer Keturah said in a project update today. 

    Keturah Resort to reinforce UAE's place among world's fastest-growing wellness destinations

     

    The gated community comprises 12 Creek-side mansions of 42,000 sq ft, eight residential buildings with 193 apartments – 110 now sold – a five-star Ritz-Carlton boutique hotel, a standalone wellness centre, and a private marina with moorings for yachts up to 120 feet. 

    With eight remaining mansions priced in the AED335 million to AED363 million range, Keturah is confident of continued interest from buyers, many aiming to make Dubai their home. The developer also believes the resort will help reinforce the UAE’s $40.8 billion wellness economy. 

    The UAE ranks first in the latest global five-year wellness growth figures, and Talal M. Al Gaddah, CEO and Founder of the Keturah luxury brand, says this reflects the UAE’s Wellbeing 2031 agenda to make the country a global leader in quality of life. 

    “The UAE’s wellness economy is already the fastest-growing in the MENA region, as a direct result of genuine intent, and Keturah Resort is our contribution to that vision,” says Talal. 

    “Dubai recognises that there has been a clear shift in how luxury real estate is defined and valued, with buyers now asking whether a home will improve their health, enhance sleep, lift mood, support family wellbeing, and strengthen their connection to nature.” 

    Added Talal: “Dubai’s luxury property market has always emerged from periods of uncertainty with renewed momentum. We see high-net-worth capital continuing to flow from international buyers, particularly those seeking freehold assets underpinned by a globally recognised hospitality brand.” 

    A recent Keturah survey of Dubai real estate brokers showed that the majority of global investors in luxury real estate want to live in the city, not just own property. It also found that lifestyle quality and wellness are key factors shaping luxury purchasing decisions.

    According to the latest Global Wellness Institute (GWI) rankings, the UAE is No.1 globally for five-year wellness growth. In the GWI’s 2025 report it also led the MENA region in wellness real estate ($1.4 billion), spa revenue ($2.9 billion), and personal care and beauty ($14.8 billion).

    Meanwhile, the Emirates has been growing faster than any other MENA country in public health, prevention and personalised medicine, physical activity and workplace wellness. Reflecting these trends, the Keturah Resort, is certified by Delos, the US-based wellness real estate and technology firm, and the International WELL Building Institute.

    Management under The Ritz-Carlton brand brings residents a full range of personalised attention, including dedicated concierge and butler services and in-residence dining. They also have access to the Keturah Wellness Centre featuring a 5-star Spa, health & fitness club, multiple yoga rooms and organic health care facility.

    The resort features over 550 meters of waterfront promenade and 80,000 sqm of landscaped green spaces. The nearby sanctuary’s natural mangroves attract over 20,000 birds of 67 species, including the renowned greater flamingo.

  • HCL Foundation and ASDC Host Convocation for Taxi Driver Trainees in Bengaluru, Championing Women Inclusion

    HCL Foundation and ASDC Host Convocation for Taxi Driver Trainees in Bengaluru, Championing Women Inclusion

    New Delhi, Apr 06: Automotive Skills Development Council in partnership with the HCLFoundation, celebrated the successful completion of a transformative skill development initiative with the convocation of 90 trained taxi driver candidates in Bengaluru. The program is aimed at empowering marginalized youth by creating sustainable livelihood opportunities in India’s rapidly evolving mobility sector.

    The convocation marked a significant milestone with a strong emphasis on women’s empowerment. Of the certified candidates, 82 were women trained as taxi drivers, underscoring a meaningful step toward enhancing female representation in the traditionally male-dominated mobility sector. The training was conducted at the Ashok Leyland – Institute of Driving & Training Research, a premier facility known for its industry-aligned driver training programs. “Through this initiative, ASDC continues to strengthen its mandate of creating an industry-ready workforce for the evolving mobility ecosystem,” said Vinkesh Gulati, ASDC Chairman. “Our focus is not just on skilling but on enabling sustainable livelihoods, particularly for underserved communities and women, while also promoting road safety awareness and responsible driving practices to build a safer and more accountable mobility ecosystem.”

    On the occasion of convocation Arindam Lahiri, CEOASDC said, “Partnerships like this are critical to addressing real-time industry demands. By aligning training with employer expectations, we are ensuring that candidates are job-ready from day one.”

    The candidates underwent comprehensive training for the Taxi Driver job role through a structured curriculum that included:

    • Safe and professional driving practices
    • Road safety norms and regulatory awareness
    • Customer service and communication skills
    • Digital literacy
    • Life skills for long-term career growth

    HCLFoundation and Automotive Skills Development Council are actively collaborating with mobility platforms, fleet operators and industry stakeholders to facilitate placement opportunities for all trained candidates. While the placement process is currently underway, the organizations remain confident that the industry readiness of the candidates will translate into successful employment outcomes in the coming phase.

    HCLFoundation’s steadfast commitment to inclusive and sustainable development continues to enable meaningful livelihood opportunities for underserved communities through focused skilling interventions.

    ASDC underscores its continued commitment to building a skilled, inclusive, and future-ready workforce for India’s mobility sector while contributing to broader goals of sustainable and equitable growth.