- Category Specific: EdTech & D2C
- Early Revenue Early Traction Startups, No Ideation Stage
- What to expect: Engage with industry experts for industry connect, technology support, branding & marketing, funding & mentorship.
- Join a network of like-minded individuals and discuss business challenges in peer to peer circles.
- 100 days program followed by Demo Day
Marwari Catalysts Ventures, India’s fastest growing accelerator, is calling in applications for its cohort program, ‘Thrive‘ from across the country. Following the success of the last cohort, Marwari Catalysts is extremely delighted to support another group of extraordinary entrepreneurs with the launch of their second batch of virtual startup accelerator program and believe that Thrive will become their powerful vehicle through which impactful innovations can flourish.
Marwari Catalysts Upcoming Cohorts – Thrive 2.0 and Thrive 3.0
Unlike the last batch of Thrive, apart from EdTech Startups, MCats is looking forward to startups building Direct-to-Consumer (D2C) brands as well, who have the capacity to scale-up and go big in terms of addressing myriad modern-day challenges.
The last version of Thrive saw the brightest of Indian startup-brains compete for selection to the first accelerator program by MCats. The six startups mentored in this cohort gained immensely from the mentorship of the experienced team of entrepreneurs, investors and mentors of MCats.
MCats is an established name in the Indian start-up community and with their new rolling cohort Thrive 2.0 & Thrive 3.0 in place now, MCats is well on the path to turn the dreams of many Indian startups to reality with their three pillars of visibility, capital and mentorship.
The 10-week program will open doors for the shortlisted startups to prepare their innovative solutions to be market-ready and will give them an opportunity to receive an investment up to $50,000.
Thrive is backed up by some of India’s leading AIFs, VCs and Angel Networks that will participate during the Demo Day process.
Commenting on the accelerator program, Sushil Sharma, Founder & CEO, Marwari Catalysts, says, “MCats is an accelerator, a partner for your growth with skin in the game. We would like to play a role as a game changer in your entrepreneurship journey while you achieve your goal and make the startup fund ready.“
“The last season has yielded some great insights and learnings, and we’re excited to see how we can further evolve this program to be even bigger and better, as we launch the second season,” he added.
Speaking on the matter, Devesh Rakhecha, Founder & Director, Marwari Catalysts, says, “In the growing startup ecosystem, the pool of talent and unique ideas largely depend on the right mentorship and finances. To aid this, accelerator programs like Thrive are the right step forward for startups in the country. Each startup will be mapped with senior leaders from the startup ecosystem, based on the industry in order to fulfil the gaps in the startups’ journey.”
MCats is driven by a culture of innovation and has been a frontrunner in building entrepreneurial culture in Tier-2 and 3 cities of India. With Thrive, MCats looks to strengthen its ties with the startup ecosystem as well as build futuristic technologies.
Further commenting on the program, Raunak Singhvi, Co-founder, Marwari Catalysts, says, “Thrive is a structured program that brings the building blocks for a startup under one roof – the much-needed mentorship, the global network, the technology, the peripheral services (like legal, financial etc.) and the seed capital. Founders will engage in a 10-week training and mentorship program designed to validate their startup ideas and bring a proof-of-concept to life.”
Marwari Catalysts is also in talks with various funds, family offices and angel investors for a strategic alliance to give a boost to young and ambitious entrepreneurs, while supporting the governments Start-Up India initiative.
So if you are a startup founder building the most promising and innovative startups in EdTech & D2C, here is your chance.
Interested startups can apply here for the accelerator program. The deadline for applying is September 15, 2021.
Thrive with Marwari Catalysts, for application form: Click here.
Bharat Petroleum Corporation Limited Announces Appointment of Five Independent Directors on Board
Bharat Petroleum Corporation Limited (BPCL) has announced the appointment of Shri Pradeep Vishambhar Agrawal, Shri Ghanshyam Sher, Dr. (Smt) Aiswarya Biswal, Prof. Bhagwati Prasad Saraswat and Shri Gopal Krishna Agarwal, as Independent Directors on the Board for a period of three years from the date of notification of their appointment or until further orders. Accordingly, they are appointed as Directors on the Board w.e.f. 12.11.2021.
Newly Appointed Independent Directors on the Board of BPCL
Shri Pradeep Vishambhar Agrawal is a Chartered Accountant and a Company Secretary. His fields of specialization are Finance, Business and Administration. He is a Managing Director in a pharmaceutical company and is in the Board of various other companies. He is also engaged in social activities and is a Director of two Section 8 (not for profit) companies. He also acts as a Trustee of the various Trusts.
Shri Ghanshyam Sher is M.Com, M.A. in Political Science, M.A. in Economics and L.L.B. He is an Advocate. He specializes in Legal advice and Social Service. He has gained administrative experience through various public associations. He has been honored with various awards by renowned personalities.
Dr. (Smt.) Aiswarya Biswal did her Bachelor of Dental Surgery from Utkal University and masters in Management from University of Liverpool, United Kingdom. She received honours in Strategic Management, which encouraged her to pursue her research in extraordinary leadership in University of Liverpool. As a Dentist, she took keen interest in organising various dental camps for the underprivileged and marginalised community both in urban and rural sector. She is a pioneer in awareness and prevention of Oral cancer and preventable dental diseases. Her special interest lies in eradicating of malnutrition and her articles on malnutrition were well received, simultaneously she has organised various awareness programs and seminars to curbs the debilitating effects of malnutrition. She is a well-known columnist and has been contributing her articles in various journals and newspapers internationally, nationally and regionally like Daily Pioneer, Outlook, & Sambad etc. She is a bilingual poet (English and Hindi) and has written two books. She was the Former Editor of Odisha Society of United Kingdom journal as well. She has been actively involved in many philanthropic work especially in Indian diaspora of U.K. and in India as well. She is also associated with various cultural, social and literary organisations worldwide.
Prof. (Dr.) Bhagwati Prasad Saraswat is M.Com, (Gold Medalist). He has done his Ph.D in Financial Evolution of Drugs & Pharmaceutical Companies in India. He was a Dean and Head of Faculty of Commerce/Department of Commerce, Maharshi Dayanand Saraswati University, Ajmer and has teaching experience of more than 38 years. He has held various academic and administrative responsibilities during his academic career such as Director of Center for Entrepreneurship & Small Business Management, Maharshi Dayanand Saraswati University, Ajmer, Joint Conference Secretary, Controller of Examination organized by Indian Commerce Association, Coordinator of various exams, Registrar of Maharshi Dayanand Saraswati University, Ajmer, and Member of Board of management and selection committees of various Universities He has published various books and papers, and has presented his papers in various prestigious conferences/seminars and attended various national/international conferences. He has also been editor of academic bodies of journals.
Shri Gopal Krishna Agarwal is a fellow member of the Institute of Chartered Accountant of India (ICAI). He has done his post graduate in MA economics and graduation in BCom (Hons). He is an Economic thinker and writes extensively for newspaper, financial journals and delivers lectures in seminars & conferences. He has co-authored a book ‘Water an Element of Life: Price Sensitivity and Consumption by the Marginalisedpublished by Bloomsbury India. He was a Member of Board of Governors at the Indian Institute of Corporate Affairs (IICA), a think tank of GoI. He was a member of the Task Force on MSME of the Ministry of Finance and Former Director on the Board of Bank of Baroda (BOB) & North Eastern Electric Power Co. (NEEPCO). He was government nominee on the Central Council of The Institute of company secretaries of India (ICSI). He is an independent director on the board of ICSI (IIP). He is a trustee of India Policy Foundation and Dr. Mookherjee Smriti Nyas, (think tanks). He has initiated various public welfare projects like Jaladhikar Foundation, Nagrik Manch, Shree Jee Gausadan, Milk Cooperative Movement etc.
About Bharat Petroleum Corporation Ltd. (BPCL)
A Fortune Global 500 Company, Bharat Petroleum is the second largest Indian Oil Marketing Company and one of the premier integrated energy companies in India, engaged in refining of crude oil and marketing of petroleum products, with a significant presence in the upstream and downstream sectors of the oil and gas industry. The company attained the coveted Maharatna status, joining the elite club of companies having greater operational & financial autonomy.
Bharat Petroleum’s Refineries at Mumbai & Kochi and subsidiary Bharat Oman Refineries Ltd., at Bina, Madhya Pradesh have a combined refining capacity of around 35.3 MMTPA. Its marketing infrastructure includes a network of installations, depots, retail outlets, aviation service stations and LPG distributors. Its distribution network comprises over 19,000 Retail Outlets, over 6,100 LPG distributorships, 733 Lubes distributorships, 123 POL storage locations, 53 LPG Bottling Plants, 60 Aviation Service Stations, 3 Lube blending plants and 4 cross-country pipelines.
With a focus on sustainable solutions, the company is developing a vibrant ecosystem. Bharat Petroleum has been partnering communities by supporting innumerable initiatives connected primarily in the areas of education, water conservation, skill development, health, community development, capacity building and employee volunteering. With ‘Energising Lives‘ as its core purpose, Bharat Petroleum’s vision is to be the most admired global energy company leveraging talent, innovation & technology.
Top Five Upcoming Developers Changing the Skyline of Delhi NCR
MRG World (Gurugram), Whiteland Corporation (Gurugram), Maasters Infra (Noida), SKA Group (Noida), and Axon Developers emerged as the ‘Top Five Emerging Developers of NCR‘ in the list announced by a Delhi-based research firm.
Real estate survey declares top five developers
The survey was conducted by International Brand & Research Forum (IBRF) across the region with a special focus on projects launched, projects delivered, and progress of the projects as per RERA; IBRF researched the quality & feedback index on various parameters to come up with the result. The prime focus was on the developers operating in Noida and Gurugram market.
Maasters Infra Group, instituted by seasoned professionals and under the patronage of five-decade-old infra company K. R. A. Engineers & Contractors, announced their first commercial project Maasters Capitol Avenue spread over 5 acres in Sector 63, Noida. The project will have office space and retail; the projects total area would be 10,00,000 sq. ft. to be completed in 42 to 45 months. The company says that the total sales realization from the project is between Rs. 800 crore to Rs. 1,000 crore. The Group is also coming up with a residential project and one IT project.
Whiteland Corporation, a real estate development company founded by industry stalwart, Mr. Navdeep JP Sardana unveiled the first look of their maiden commercial project Urban Cubes 71 recently in Gurugram. Some of the brands signed, include Striker, Beer Cafe, Nostalgia, Houz cafe & bar. The project on Golf Course Road extension, Sector 71, Gurugram, is on a land parcel of about 3 acres acquired from DLF. Urban Cubes 71 is an approved SCO (Shop-cum-Office) development with a total of 34 state-of-art buildings with maximum development facing the main road making it highly attractive. The project is slated to be delivered by October 2022 with a total salable area of 4.5 lac sq. ft. and projected sales value of Rs. 500 crore.
Realty firm Axon Developers, which has been newly set up by promoters of brokerage firm 360 Realtors, has recently taken over two stressed real estate projects in Delhi-NCR and will invest over Rs. 300 crore to complete them. The company has entered into a development agreement to complete Keltech Kumar Imperial Green project, comprising 350 flats at Noida extension in Uttar Pradesh. It has fully acquired a retail project Manish Gallexie 91, having 3.5 lakh square feet saleable area, in Gurugram from Manish Buildwell. The company expects a sales realisation of around Rs. 650 crore from these two projects, of which Rs. 500 crore will come from retail project. Axon Developers is looking at acquiring more projects in Delhi, Noida, Gurugram and Lucknow, both through greenfield and brownfield routes.
SKA GROUP was formed with a view to construct group housing society in Greater Noida-West. SKA Group was started in the year 2012. Recently, the Group announced its luxury residential project, SKA Orion in Sector-143, Noida. Spread over 3.5 acres, the cost of the project is Rs. 400 crore out of which Rs. 300 crore is the cost of construction and Rs. 100 crore is the land cost. The Group is looking at total sales realisation of approximately Rs. 450 crore. To be developed in single phase, the project has 508 units of 3 BHK configuration; the company has launched 380 units of the total stock and will complete the project by 2026. The company has completed four projects in Noida, Greater Noida, and Ghaziabad. All projects are completed before time. Presently, five projects are in progress and all projects are ahead of their schedule.
Catering to the affordable housing segment, MRG World has ensured that they live up to the expectations of the middle class to move into their abodes as soon as possible. The directors – Rajat Goel & Vikas Garg – set up the company with a motive to cater to the segment that has the maximum demand. From the initial days, MRG World ensured that they deliver projects before the promised deadline. The company at the onset decided to stick to the policy of delivering the projects before time. MRG world has sold out three projects in Gurugram – Meridien (755), Ultimus (720), and Balcony (730). The company will deliver these projects ahead of the scheduled deadline in 2022 – Balcony by March 2022, Meridien and Ultimus by December 2022. The company has plans to come up with a project in 30-40 acre with around 6,000 flats in the affordable segment.
Travel Innovations by MakeMyTrip that Promise to Make Travelling Safe, Convenient, Flexible and Hassle-free
As we march into 2022 with renewed vigor and hope for a healthy future, we have embraced the new normal by finding comfort in new ways of life. The world as we knew it has undergone major transformations and so has the world of travel too. Today, travellers demand unique and immersive travel experience that come with a promise of flexibility, convenience and a hassle-free end-to-end travelling experience.
To cater to the evolved demands of travellers, MakeMyTrip, India’s leading online travel company has rolled out a range of product innovations and updates. From new booking features for flyers, to guaranteeing a trip in case of an unconfirmed ticket for train passengers, to introducing a self-serve option on the platform that provides a centralized view of all travel-related information at one place and more – the company introduced new features on its app and website with a promise to make discovering, planning, booking and travelling more easy, convenient, flexible and seamless for customers. In parallel, MakeMyTrip launched an industry first platform for third-party travel agents with an aim to assist them in serving their customers better.
Here’s a list of top tech-enabled travel innovations launched by MakeMyTrip for customers and the partner ecosystem – Offering more flexibility and ease in travel planning and booking
Flight Price Lock to guarantee airfare hike protection and make travel planning stress-free
An industry-first feature, Flight Price Lock allows customers to lock flight fares for up to seven days while they firm up their travel plans. Built on data-driven capabilities and AI-rich airfare forecasting tools, the feature secures travellers against airfare volitality – enabling flyers to save more by locking airfares at attractive rates. By offering more time to book travel to its flyers, Flight Price Lock also helps solving for one of the major dilemma of travellers – should they book tickets or wait and consequently risk fare hike.
My Trips, a unique self-serve option for anything travel related
The in-app feature provides a centralized view with access and control to all travel-related data. From sourcing information pertaining to previous or upcoming trips, to making any last minute modifcations in the travel booking, to raising refund requests, downloading invoices – travellers now have full access and control of their bookings, in just a few taps.
Assuring safety and hygiene at all steps of the journey
MySafety, a safety-first program with hotel partners
Safety & hygiene is no longer a good-to-have option, it is the first parameter that travellers look for when planning and booking travel. And, this shall remain a top priority for travellers even when the pandemic will be far behind us. To assure superior standards of safety and hygiene for travellers during their stay, the company in collaboration with its hotel partners announced MySafety, a comprehensive safety compliance & audit program conceptulaized and designed in accordance to the guidelines of WHO and the Government of India.
Assuring driver and riders safety in cabs
To ensure safety of the driver partner and the rider during a cab journey, MakeMyTrip launched a AI-powered feature called ‘Optical Recognition‘ on the app available on the driver partner’s phone. The tech-proprietary tool ensures that the driver-partner can only start the trip after proper mask usage is detected via a selfie. The feature leverages optical character recognition technology to ensure the presence of sanitisers in the cabs as well.
COVID-19 insurance guaranteeing added safety during these times
Securing yourself and your loved ones with an additional layer of safety helps make travel planning and the post-travelling experience stress-free and comfortable. As the world upended during the pandemic, MakeMyTrip rolled out an option for COVID-19 insurance to secure travellers against any risk of infection during the trip. The option provides a coverage of INR 2 lacs (per customer) along with other benefits such as zero restrictions on room rent, consumables, post-hospitalization diagnostics etc. The insurance also covers hospitalization for 16 days post-travel in case of infection as it usually takes 14-15 days for the virus to surface.
Empowering local travel agents to serve their customers better
myPartner: The company launched a dedicated platform, myPartner for travel agents to empower and assist them in offering seamless and enhanced travel booking experience to travellers. The intuitive and user-friendly platform has been designed to help offline, local travel agents embrace digitization and to offer access to one of widest selection of online travel inventory. With real-time access to an inventory spanning across all travel segments, local agents in tier II, III markets and beyond will be able to simplify and provide transparency throughout the booking process to travellers, while providing more travel options than ever before.
- Bharat Petroleum Corporation Limited Announces Appointment of Five Independent Directors on Board
- Top Five Upcoming Developers Changing the Skyline of Delhi NCR
- Travel Innovations by MakeMyTrip that Promise to Make Travelling Safe, Convenient, Flexible and Hassle-free
- Uranus Collects Over 2.5 Tons of Used Cooking Oil from Hotels in Chennai to Turn it into Biodiesel
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