Author: AU News Bureau
Mumbai-based consumer lighting startup Corvi LED has raised $8 Mn (INR 65.6 Cr) as a part of its Series B funding round from Enam Investments. The company will use the fresh funds to expand into newer markets, strengthen its distribution network and diversify its product portfolio. Further the proceeds will be used to scale up operations and invest in marketing and distribution to strengthen the companyโs market presence in B2C and B2B segments. Corvi LED also plans to introduce new LED products that meet the demand for design and aesthetics. Founded in 2012, Corvi LED claims to have disrupted the…
US Squash, the national governing body for the sport of squash in the United States, has announced Endurance Flooring, an industry-leading commercial flooring supplier, as its Official Flooring Supplier. Endurance Flooring recently installed thirteen new singles court floors at the Arlen Specter US Squash Center in Philadelphiaโproviding best-in-class court performance for Team USA Squash, the U.S. Championships series and the worldโs largest community squash center. Since 2014, Endurance Flooring has provided superior-quality customized athletic and performing arts flooring solutions at competitive costs throughout New York City, New Jersey, and Massachusetts. Endurance Flooringโs customer base includes public and private academic institutions,…
Godrej Properties Limited, Indiaโs leading real estate developer, partnered with the Chikkaballapur City Municipal Council (CMC) and the Indian Institute for Human Settlements (IIHS) for the City-Farmer Partnership project in Chikkaballapur, Karnataka. Focused on converting organic wet waste into valuable compost for farmers, approximately 759 tonnes of legacy waste was semi-processed into organic compost and supplied to 109 farmers across 17 villages of Chikkaballapur. The compost, processed from 1,000 cubic meters of waste, was provided at no cost to encourage the adoption of organic farming practices. Additionally, more than 569 tonnes of segregated wet waste have been processed through collaboration…
Asian Paints has indicated that it is open to further price hikes, should the inflation rise further, CEO Amit Syngle said on July 17. โOne worry for the firm is inflation, and we have already taken a price increase in response to that. We are anticipating inflation of 1.5 percent in the upcoming quarter, and as a result, we will have to take further price increases,โ Syngle said in the Asian Paints earnings call for the first quarter of FY25. Compared to our competition, we feel our pricing is at a premium given the price elasticity. Our pricing decisions are…
Henkel Adhesives Technologies India has completed Phase III of its manufacturing facility in Kurkumbh, near Pune, Maharashtra. The Kurkumbh site, which was launched in 2020, serves the growing demand of Indian industries for high-performance solutions in adhesives, sealants, and surface treatment products. The new Loctite plant was inaugurated by Mark Dorn, executive VP, Henkel Adhesive Technologies, along with other senior management members of the company. Henkel Adhesive Technologies entered the Indian market in 1996 and is a significant growth driver for this business today. Henkel has been expanding its presence in the country through consistent strategic investments to meet the…
Swedish furniture company Ikea on July 17 issued a recall for some models of Varmfront power banks, citing a fire safety risk due to a manufacturing error. A total of 36 affected units have been sold in Singapore, and no incidents have been reported in the country, it added in a statement. This error is isolated to these models: โข Varmfront power bank 10,400mAh (model number E2038) with date stamp (YYWW) 2313, 2316, 2318 or 2319 โข Varmfront power bank 5,200mAh (model number E2037) with date stamp (YYWW) 2318, 2319 or 2322 Customers need to check the printing on the…
SPAN FLOORS launched FLOORganic Laminate Wooden Flooring Collection in India . It is a revolutionary line of flooring products that brings sustainability, durability, and style to the forefront. This eco-conscious flooring range by SPAN FLOORS is designed to provide environmentally responsible options for homeowners who value healthy living spaces and superior room acoustics. FLOORganic collection and other flooring offered by SPAN FLOORS can be seen at the flagship store, M-8, M-Block Market, GK-II, New Delhi, and other authorized dealers across India. The FLOORganic Laminate Wooden Flooring Collection by Span Floors is set to transform the way we think about flooring,…
Online furniture and home dรฉcor company Pepperfry introduced the “Zellige” collection recently. It is a latest addition to Woodsworthโs furniture line. Inspired by the captivating Moroccan architectural art of Zellige, this collection embodies the intricate beauty and vibrant color palette characteristic of traditional Moroccan mosaic designs, according to a press release. The Zellige collection is a symphony of colors, merging the bold hues of Fuchsia, Royal Blue, and Vibrant Red with the calming neutral tones of the desert, such as Sand, Taupe, Beige, and various shades of White. These elements come together in complex geometric patterns that showcase artistic freedom…
