WICCI Launches Women Empowerment Council
National, 31th January 2025: Women’s Indian Chamber of Commerce and Industry (WICCI) today announced the launch of Women Empowerment Council. This council will be led by Ajuli Tulsyan, Editor-in-Chief, Edge & Essence as National President and Divya Narayan, Communications Strategy Consultant as Vice President with the support of twelve council members.
The council’s overarching focus spans three pivotal areas to empower and elevate women across sectors. First, prioritizing health and wellness —both physical and mental—recognizing that true empowerment begins with a healthy body and a balanced mind. Second, fostering entrepreneurial skills by equipping women with essential knowledge in finance, legal frameworks, technology, marketing, and business strategy along with networking opportunities. This comprehensive approach ensures they are prepared to excel in their chosen fields and navigate challenges with confidence and competence. Lastly, honing leadership capabilities by encouraging self-sufficiency and resilience, empowering each woman to become a trailblazer in her domain. In addition, we will emphasize on mentorship, creating avenues for experienced professionals to guide, inspire, and support women in navigating challenges and advancing their careers. Together, these pillars create a robust foundation for personal and professional growth, enabling women to take on the world with poise and determination.
Ajuli Tulsyan, Editor- in-Chief of Edge & Essence and National President of WICCI Women Empowerment Council said, “I am thrilled to lead a dynamic and diverse group of women from communications and related industries such as sales, journalism, literary pursuits, digital marketing, coaching & personal development and philanthropy. We provide a depth of experience and a common desire for women empowerment. Our objective is to encourage and uplift women through an action driven approach focused on health, financial independence, and personal development. We hope to inspire confidence, create opportunity, and drive meaningful change in these critical areas by cultivating an inclusive ecosystem in which women empower and support one another.”
Divya Narayan, Communications Strategy Consultant and Vice President of WICCI Women Empowerment Council said, “We are deeply committed to fostering a culture that not only supports but celebrates the achievements of women across all spheres of life. Our mission is to provide resources, opportunities and platforms necessary for women to thrive, lead and innovate. It is our vision to break down barriers, challenge stereotypes, and create a world where every woman has the confidence and opportunity to pursue her ambitions fearlessly. Together, we are paving the way for a future where equality, inclusivity, and empowerment are at the forefront of our collective success.”
The WICCI Women Empowerment Council comprises of women professionals and entrepreneurs across a diverse set of industries including Anooja Bashir (Co-Founder & CEO – FlexiCloud), Chitra Nair (Community Engagement Consultant), Hema Vinod (Educationist, Coach and Published Author), Indrani Banerjee (Group Head – HR & Shared Services, MBRS Hotel Pvt. Ltd.), Dr. Madhavi Venkat (Founder of Celebrity Secrets: Hair & Skin Clinic), Meeta Asthana (Quality & Process Improvement Expert), Dr. Monica Nagpal (Radical Pause Coach and Founder of Hope and Happiness), Nupur Dwivedi Pandey (Emotional Intelligence Expert and Founder Director of MANAS FE Consultancy Pvt. Ltd.), Reethi Rai (Digital Marketing & Content Strategist), Siji Varghese (CEO – Leaders in Lipstick®), Sheetal Bhat (SaaS Sales and Technology Evangelist), Stuti Chhabra (Strategic PR & Communications Specialist).
Women’s Indian Chamber of Commerce and Industry (WICCI) is a premier National Business Chamber for Women in India envisioning Global Impact for Women Entrepreneurs, Businesswomen and Professionals from all walks of life. Supported by the massive global networks of ALL Ladies League (ALL), Women Economic Forum (WEF) and SHEconomy, with 250,000 members and supporters worldwide, including 60,000 in India, WICCI drives fundamental changes in governmental policies, laws, incentives and entrepreneurial ecosystems, with a view to robustly encourage and empower women in business, industry and commerce across all sectors and fields. With various sectoral and multi-sectoral councils across India and abroad, WICCI actively engages the voice of thousands of diverse women entrepreneurs and professionals across all sectors and strata of economy and society. These diverse inputs form the basis of many of the unique ideas and innovative recommendations evolved by the various councils and presented to government authorities for policies that have a huge growth impact on women’s businesses, professions, equity and empowerment.
MAJE Opens First Flagship Store in India Embracing Parisian Elegance
Mumbai, 31 January 2025 – Maje, the iconic Parisian fashion house renowned for its designs that celebrate and elevate women, is delighted to announce the opening of its first flagship store in India in collaboration with Reliance Brands Limited (RBL). Located in the vibrant heart of Mumbai at Jio World Drive, this marks an exciting new chapter in the brand’s expansion into the Indian market. The store will be Maje’s first flagship location in the country, solidifying its presence in one of the most dynamic and diverse retail markets in the world while bringing Maje’s distinctive blend of accessible luxury and bold creativity to India.
Founded in 1998 by Judith Milgrom, Maje has become synonymous with a versatile, sensual Parisian lifestyle that harmoniously blends effortlessly cool, glamourous style, with contemporary trends. The brand’s debut in India offers a curated opportunity for women to experience French fashion at its finest. Judith Milgrom founded Maje in 1998, staying true to her family’s heritage. The brand’s name spells out sibling unity: M for Moyal (her maiden name), A for Alain (her brother with whom Judith Co-Founded Maje), J for Judith (her first name), and E for Evelyne, her sister with whom she worked for more than 10 years.
Judith Milgrom has always envisioned Maje as a brand that allows women to live multiple lives in a single day, balancing sophistication and ease. Born and raised in Morocco, she moved to Paris with her family and early on developed a passion for dressing women. Inspired by her family’s strong work ethic and close bonds, she cultivated a unique style defined by light, color, and perceptive femininity.
The architecture of Maje stores offers a personal and unique space, almost like a second home, where the ready- to wear and women’s accessories collections, bold and offbeat, would be able to express Themselves.
«We are incredibly excited to introduce Maje to the vibrant and diverse Indian market,» said Judith Milgrom, Founder of Maje. «India’s rich cultural heritage, coupled with its dynamic blend of tradition and modernity, is truly inspiring. This store represents our opportunity to connect with the Indian audience, where fashion is not just a style statement but a way to express individuality. We look forward to celebrating the spirit of India and offering women here the Maje experience.»
To mark the grand opening, the Maje flagship store will feature an exclusive selection of the brand’s most beloved pieces. Among them is Maje’s Spring-Summer 2025 collection, Glam Office – From Paris to Milan. Inspired by the effortless chic of fashion capitals,this collection reinvents the
modern woman’s wardrobe with a touch of Italian elegance: structured tailoring, fluid dresses, and sophisticated silhouettes designed for a seamless transition from office to evening.
Apollo Hospitals Hackensack Meridian Partner to Boost Healthcare Innovation
January 31, 2025 — Hyderabad, India & Edison, NJ – Apollo Hospitals Group (Apollo), the world’s largest integrated healthcare provider, and Hackensack Meridian Health (HMH), New Jersey’s largest and most comprehensive health network, today announced a strategic affiliation agreement to explore and implement innovative healthcare solutions.
This collaboration brings together two prominent healthcare organizations with a shared vision of addressing global healthcare challenges and opportunities. The affiliation will leverage the strengths and resources of both Apollo and HMH to develop and implement joint initiatives focused on enhancing patient care, improving affordability, and promoting community health.
“We are delighted to partner with Hackensack Meridian Health in this strategic affiliation. This collaboration aligns perfectly with our vision of advancing healthcare globally. By combining our respective strengths, we aim to create impactful solutions that address the evolving needs of patients and healthcare systems. Using technology, skills, and new-age tools, this is one more step in our endeavor to make healthcare affordable and accessible across the world,” said Dr. Sangita Reddy, Joint Managing Director, Apollo Hospitals Group.
Robert C. Garrett, FACHE, Chief Executive Officer of Hackensack Meridian Health, said, “This strategic affiliation with Apollo represents an exciting opportunity to explore innovative approaches to healthcare delivery and address critical needs within our communities. By collaborating with Apollo Hospitals Group, a global leader in healthcare, we can leverage their expertise and resources to further our mission of providing high-quality, accessible care.”
The affiliation will initially focus on several key initiatives, including:
- Addressing Workforce Shortages: By 2030, an estimated one million nurses in the U.S. will retire. This partnership offers a unique opportunity to address these challenges through international recruitment and training programs.
- Education, Training, and Development: Exploring opportunities for Apollo to provide education and training programs, particularly in nursing and other clinical areas, and supporting international recruitment efforts.
- Oncology Collaboration: Apollo and HMH oncologists will collaborate in areas such as second opinions, tumor boards, genomic sequencing, CAR-T therapy, and bone marrow transplantation (BMT).
- Clinical Support: Exploring opportunities for Apollo to support HMH in various clinical areas, including centers of excellence, specialized services, and clinical research.
- Community Engagement: Developing initiatives to engage the South Asian community in New Jersey, which has the second-largest Indian population in the U.S. Middlesex County, in particular, has the highest concentration of Indian Americans in the nation.
- Knowledge Processes: Evaluating opportunities to leverage mutual benefits through shared knowledge processes such as revenue cycle management, human resources, and supply chain processes.
A Partnership Committee comprised of senior executives from both organizations will oversee the implementation of the affiliation and individual initiatives.
This strategic affiliation marks a significant step forward in pursuing innovative healthcare solutions and underscores Apollo and HMH’s commitment to improving the health and well-being of the communities they serve.
Trends in Pharma and MedTech to Watch in 2025
By: Mr. Shereef Rehuman, MD, ICEXPO
The pharmaceutical (Pharma) and medical technology (MedTech) industries are evolving rapidly, driven by technological innovations, shifting regulatory landscapes, and changing patient needs. Here are some of the top trends to watch in 2025:
1. Artificial Intelligence (AI) and Machine Learning (ML) Integration
Drug Discovery & Development: AI and ML are accelerating drug discovery, identifying promising drug candidates faster and at lower costs by analyzing vast amounts of data to predict molecular behavior.
Personalized Medicine: AI tools help tailor treatments based on individual genetic profiles, improving efficacy and minimizing side effects.
Diagnostic Tools: AI-powered imaging and diagnostic systems are enhancing the accuracy and speed of disease detection, especially in fields like oncology and cardiology.
2. Sustainability and Green Practices
Eco-Friendly Packaging: Both Pharma and MedTech companies are focusing on reducing their environmental impact by transitioning to biodegradable, recyclable, and eco-friendly packaging for drugs and medical devices.
Sustainable Manufacturing: With growing attention on reducing carbon footprints, the focus is shifting toward green chemistry and sustainable manufacturing processes in drug and device production.
3.Regenerative Medicine & Cell Therapies
Stem Cell Research: Advances in stem cell therapies are opening new possibilities in the treatment of chronic diseases, injuries, and age-related conditions.
Gene Editing: Technologies like CRISPR are becoming more refined, offering potential for curing genetic disorders and personalizing treatments.
Tissue Engineering: The development of bioprinted tissues and organs, along with other regenerative techniques, may reduce organ shortages and provide alternatives to traditional organ transplants.
4. AI-Driven Healthcare Robotics
Surgical Robots: Robots are becoming more precise and minimally invasive in surgeries, leading to faster recovery times and fewer complications. Robotic surgeries and automated assistance tools are expected to see widespread adoption.
Robotic Caregiving: Robots designed to assist elderly or disabled individuals with daily tasks are gaining traction, improving quality of life and reducing caregiver burden.
5. Telemedicine & Remote Patient Monitoring
Post-Pandemic Growth: Telehealth remains a key trend, with many healthcare systems adopting it as a permanent feature. Remote consultations, monitoring, and follow-up care are streamlining healthcare delivery.
Wearables & IoT Devices: Wearables that track vital signs, glucose levels, heart rate, and other metrics will continue to grow, offering real-time data that can be used for early intervention.
Virtual Clinical Trials: The use of telemedicine and remote monitoring in clinical trials enables a wider pool of participants, reduces costs, and allows for quicker recruitment and data collection.
6. Advanced Diagnostics & Point-of-Care Testing
Non-Invasive Tests: Advancements in diagnostic tools, including liquid biopsies and home diagnostic kits, allow for non-invasive testing to detect diseases earlier, such as cancers, heart conditions, and infections.
Point-of-Care (POC) Devices: Devices that provide real-time diagnostic results at the point of care, such as in clinics, pharmacies, or even at home, are expected to become more advanced and accessible.
7. Digitization and Data Analytics in Pharma
Big Data in Pharma: Data analytics is becoming essential in understanding patient outcomes, streamlining drug development, optimizing manufacturing processes, and enhancing supply chain management.
Real-World Evidence: Real-world data is being used to better understand drug efficacy and patient outcomes beyond controlled clinical trials, leading to more informed regulatory decisions and treatment plans.
8. Mental Health and Digital Therapeutics
Mental Health Focus: There is growing recognition of mental health conditions, particularly in the context of the post-pandemic world. Digital therapeutic solutions, such as apps and online platforms for managing conditions like anxiety, depression, and PTSD, are gaining prominence.
Psychiatric Digital Health: Digital tools for therapy and medication management, along with advancements in neurostimulation devices and wearables, will shape mental health care in 2025 and beyond.
Carlton Unveils New Retail Identity with Exclusive Colaba Store
Mumbai, 31 January 2025: VIP Industries, Asia’s largest and the world’s second-largest luggage maker, has unveiled Carlton’s new retail identity with the launch of an exclusive 872 sq. ft. store in Colaba, Mumbai. Carlton aspires to be the preferred luggage choice for discerning travelers by offering thoughtfully designed, sophisticated travel solutions that go beyond mere badge value. With a focus on craftsmanship, discernment, and intelligent design, our products reflect the spirit of modern travelers. Aligned with this philosophy, Carlton’s new retail identity marks a significant step in strengthening its premium positioning.
The new Carlton store in Colaba sets the foundation for its future retail journey, offering a refined, immersive space that reflects its evolving premium identity. Thoughtfully designed to enhance engagement, it blends sophisticated aesthetics with seamless product discovery for a truly elevated shopping experience.
As part of its aggressive expansion strategy, VIP Industries is investing massively to strengthen Carlton’s presence in key markets across India. The company plans to open 25 exclusive Carlton stores over the next six months, further solidifying the brand’s position in the premium luggage segment.
Speaking on the occasion, Ms. Neetu Kashiramka, Managing Director of VIP Industries, said, “The launch of Carlton’s exclusive store in Colaba marks a pivotal step in strengthening our brand’s premium presence. This store embodies the new retail identity we envision for Carlton, offering a seamless blend of innovation, luxury, and customer-centricity. More than just a retail space, it is a gateway to a rich and immersive shopping experience. With this expansion, we aim to establish Carlton as the preferred choice for discerning travelers, offering a refined retail experience that blends sophistication with functionality in the premium luggage space.”
Carlton has been witnessing a strong growth momentum, with 11.4% growth in Q3FY25 over Q3FY24, reaffirming its market performance. The launch of this flagship store is a testament to VIP Industries’ commitment to enhancing the retail experience and catering to the evolving needs of premium consumers.
Maintaining Cardiovascular Health in Winter by Dr. Joy Saibal Shome
By: Dr Joy Saibal Shome, Consultant Intervention Cardiologist at BM Birla Heart Hospital.
Many might rejoice the decline in temperature, as it means a return to the comfort and snugness of the winter months. However, these cold months pose a serious risk for the heart health and for any individual with pre-existing heart disease, special attention must be paid to heart care. While various factors put extra strain on the cardiovascular system during winter, some studies reveal that the winter months see almost 53 per cent more potentially serious heart conditions like heart attacks and strokes than the summer months.
Winter poses unique challenges to heart health, with colder temperatures causing blood vessels to constrict and increasing the workload on the heart. Winter is associated with a higher incidence of cardiovascular events due to the increase in stress that a drop in ambient temperature puts on heart walls and the decrease in flow to the arteries that supply blood to the heart. Moreover, during the winter, people tend to do less physical activity, which can lead to weight gain and a consequent increase in blood pressure and cholesterol levels. Exposure to extreme cold may even result in hypothermia in which body temperature drops to dangerously low levels, thus complicating cardiovascular health even further.
The increased workload on the heart coupled with lack of physical activities and the consumption of heavier foods put people most at risk for cardiovascular events during the cold months. Protecting the heart from heart diseases during winter months requires an active approach. Primarily during winter, people should dress warm to avoid sudden exposure to cold, which can elevate blood pressure and strain the cardiovascular system. People should also maintain a balanced diet rich in seasonal vegetables, whole grains, and heart-healthy fats while limiting processed and high-fat comfort foods.
Navigating the cold months with a healthy heart require people to stay active and engage in physical activities. With the limitation on outdoor activities, simple indoor workouts such as a home workout or yoga or just walking indoors can facilitate proper blood flow and reduce the level of stress on heart. Hydration and sleep, in turn, are equally significant to the maintenance of a healthy heart. During the winter, the body tends to easily get dehydrated, blood thickens, and the chance of clots increases. So, it is always advised that people should drink enough water even if not thirsty to maintain hydration and not put much pressure on the heart.
For those in high-risk groups — such as individuals with health conditions like diabetes, hypertension, or a history of heart disease — regular health checkups and adherence to prescribed medications are vital. Through regular consultations with the doctor, potential health issues can be diagnosed early and people can get timely advice to stay healthy throughout the cold season.
Stress can be another major factor in heart problems during the winter. People should limit stress and set aside time to relax and unwind through simple daily activities like meditating, listening to music or taking a hot shower. It is also noteworthy that the winter is the time for people to stay safe from common illnesses like fever or common flu. Vaccinations like the flu and pneumococcal vaccines can help prevent winter-related infections, which can indirectly strain the heart.
Keeping the heart safeguarded from the cold can make winter a beautiful time of the year for every individual. Not only individuals with pre-existing heart conditions but those prioritizing heart health should also have an understanding on the impact of cold weather on the heart health. By taking certain proactive measures, individuals can significantly reduce the risk of winter-related heart complications and maintain optimal cardiovascular health.
HCLTech & Microsoft Partner with Cricket Australia to Transform Fan Experience
SYDNEY and NOIDA, India, Jan 31, 2025 — Leading global technology companies, HCLTech and Microsoft, have partnered with Cricket Australia (CA) to leverage generative AI (GenAI) to enhance the way fans experience live matches via the Cricket Australia Live app.
The app’s new AI Insights matchday companion feature provides fans with a regular feed of text-based updates as matches progress. The feature uses AI rooted in a deep understanding of cricket to identify key narratives, player performances and notable milestones that go beyond the live scores and commentary, giving new context and insight to what is happening on the field.
The AI Insights matchday companion launches today at the Day-Night Test at the Melbourne Cricket Ground (MCG) during the CommBank Women’s Ashes series between Australia and England. This innovative feature is now accessible to all users of the Cricket Australia Live App worldwide.
“By harnessing the power of GenAI, we have the ability to reimagine the way fans engage with sport,” said Sonia Eland, Executive Vice President and Country Manager, Australia and New Zealand, HCLTech. “HCLTech has partnered with Cricket Australia for several years through our long-term role as the sport’s Official Digital Technology Partner, but our collaboration with Microsoft will further enhance the digital experience. Ultimately, our goal is to bring cricket fans even closer to the action.”
Cricket Australia has leveraged Microsoft’s Azure Open AI Service as well as HCLTech’s front-end and API development support to create a more accessible match day AI companion for cricket fans.
“We’re excited to bring cutting-edge AI technology to cricket fans through our partnership with Cricket Australia and HCLTech,” said Sarah Carney, Chief Technology Officer at Microsoft Australia and New Zealand. “This innovation demonstrates how generative AI is transforming the way we interact with the world around us, bringing insight, meaning and personalisation to audiences old and new.”
HCLTech and Cricket Australia began working together in 2019 to transform the organization’s core API platforms. In 2023, they extended the partnership for another five years, with HCLTech continuing its role as the CA’s Official Digital Technology Partner. The multi-year partnership has included initiatives like TechJam, a crowdsourcing effort to develop innovative tech solutions for the sport, as well as HCLTech’s role in making Cricket Australia Live the number one sporting app in Australia.
“We are very excited to partner with both HCLTech and Microsoft to create brilliant experiences for our fans by enhancing the CA Live app,” said Nick Hockley, CEO, Cricket Australia. “Our aspiration is to be a world leader in the way sporting codes bring fans closer to the game through digital technologies and we’re thrilled to launch this latest innovation at the CommBank Women’s Ashes Day-Night Test.”
2025 Budget Expectations Insights from Industry Experts
Dr. Chandrakant Agarwal, President of the Thalassemia & Sickle Cell Society
“We are immensely thankful to Govt of India & especially Hon’ble Finance Minister for great work done for Sickle Cell disease in the previous budgets, wherein allocations have been made for its eradication by 2047, but unfortunately, the bigger evil the most lethal and dreaded disease “Thalassemia”, which is also a genetic blood disorder like sickle cell anemia fails to find any mention in the previous budgets, which is a very grave blunder, which needs to be rectified with immediate effect in the coming budget.
Both, Sickle Cell Anemia and Thalassemia are same type of disease with a little difference, thalassemia is much more severe and the methodology for eradicating them are the same and in both cases, patients survive by periodic blood transfusion for a life time, which is horror in itself and both of them can be eradicated and nations have eradicated them, by simple HbA2 blood test, which needs to be made mandatory by the Government. Sickle Cell Anemia and Thalassemia are two sides of same coin, both of them are to be taken together for eradication efforts, kindly rectify the error.”
“We are very much positive towards the upcoming Budget as the govt has been considerate with its allocations for conditions such as sickle cell anaemia and unfortunately thalassemia has been left out in the previous budgets. The most noteworthy one was the allocation of significant budget towards tackling sicklecell anemia, aiming to eliminate it by 2047, with a focus on universal screening, counseling, and comprehensive management programs. However there is a greater need for Budget 2025-26 to broaden its scope. As we approach the upcoming Union Budget 2025-2026, Thalassemia & Sickle Cell Society urges Hon’ble Finance Minister Smt Nirmala Sitaraman, Finance – Govt of India to prioritize advancements in medical diagnostics, particularly for genetic blood disorders such as thalassemia and sickle cell. We expect targeted investments in affordable, accessible diagnostic services, as well as enhanced funding for research and healthcare infrastructure. The need for early detection, specialized care, and patient-centered solutions has never been more pressing. We hope the budget reflects a commitment to improving healthcare outcomes and quality of life for individuals affected by these conditions at large.
Mr. Randhir Chauhan, Managing Director, Netafim India
The Union Budget 2025 presents a pivotal opportunity to reshape India’s agriculture sector by prioritizing innovation, sustainability, and efficiency. Focused investments in infrastructure, water efficiency, and technological innovation, combined with supportive policies, can unlock significant growth potential for farmers. These measures will not only enhance agricultural productivity but also drive broader economic progress, contributing to a more resilient agricultural future for India.
Granting infrastructure status to the micro-irrigation industry will help the sector and allied industries to flourish, which is predominantly made up of MSMEs, accounting for 95% of the overall Agri sector. It can substantially reduce operational costs, lower equipment prices, and drive expansion. Integrating renewable energy, such as solar installations, with micro-irrigation systems can further enhance energy efficiency, cut costs, and boost profitability for farmers.
India’s agricultural R&D investment is currently below 1% of its Agri-GDP. This needs urgent redressal. Allocating more funds to the Agri Innovation Fund would stimulate Agri-tech startups, foster digital solutions, and promote the adoption of smart farming, precision agriculture, and cutting-edge irrigation technologies.
Additionally, targeted schemes like Per Drop More Crop (PDMC) aim to tackle pressing issues in irrigation, mechanization, and agricultural infrastructure. After being subsumed under the Rashtriya Krishi Vikas Yojana (RKVY) in the 2022-23 budget, the PDMC has become a flagship program. With subsidies ranging from 45% to 55% for micro-irrigation systems, and several states offering top-up subsidies, this scheme holds immense promise. Yet, to unlock its full potential, it must remain a centralized and standalone initiative. Centralizing PDMC ensures uniformity in implementation, offering clear guidelines and reducing the inconsistencies caused by state-level variations in subsidy distribution. This oversight will allow for strategic prioritization of regions facing severe water scarcity, which is crucial to combating India’s growing water crisis.
Moreover, there is vast untapped potential to improve water efficiency, especially in oilseed cultivation. Despite oilseeds occupying only 13% of cropped area, they contribute a mere 6% in value terms. Adopting drip irrigation and other high-efficiency methods could conserve up to 60% of water, reduce greenhouse gas emissions, and enhance productivity. Expanding micro irrigation into canal command areas and incentivizing crop diversification into oilseeds, oil palm, and millets would not only increase climate resilience but also bolster farmer incomes.
With ever depleting Ground water table, we need to have a push for adoption of Drip in water guzzling crops like Rice, wheat, and sugarcane. When we export sugar or Basmati rice, we are exporting water which is very scarce resource. Also, in crops like rice, we can reduce the release our GHGs by adoption of Drip Irrigation.
Mr. Rajesh Sharma, MD Capri Global Capital Ltd.
“As the Union Budget 2025 approaches, the NBFC sector looks forward to policy measures that will bolster its pivotal role in India’s economic growth. NBFCs play a crucial role in extending credit to underserved segments such as MSMEs, Housing, Agriculture, and Renewable Energy, contributing significantly to inclusive development. Establishment of a dedicated liquidity facility through the Finance Industry Development Council (FIDC), aimed at ensuring affordable credit flow to priority sectors would be beneficial. This initiative would support small and mid-sized NBFCs by providing competitive-rate funds, reducing dependency on high-cost borrowing. Empowered with steady capital, NBFCs can effectively meet the credit needs of sectors crucial for job creation, rural development, and sustainable economic growth.
Anticipated reforms like reducing the SARFAESI Act’s loan threshold to ₹1 lakh, could expedite asset resolution and bolster financial resilience. Additionally, a proposed market-making mechanism could streamline funding access, enhancing the ability to serve priority sectors effectively. Such reforms if implemented, would further help NBFCs to contribute significantly to India’s economic aspirations, ensuring inclusive and sustainable progress.”
Mr. Jasdeep Singh, Group CEO, CARE Hospitals
“The Union Budget 2025-26 is a key opportunity to strengthen India’s healthcare system by making it more affordable, accessible, and innovative. At CARE Hospitals, we hope to see a higher allocation for public healthcare spending to close gaps in infrastructure, especially in rural and underserved areas. Expanding Ayushman Bharat to cover outpatient care and diagnostics, along with promoting preventive health programs, can help address the growing challenges of both communicable and non-communicable diseases while ensuring quality healthcare for everyone.
Cancer is a major health concern in our country, putting a heavy financial and emotional strain on people. To make cancer care more affordable, reducing customs duties and GST on essential equipment like LINACs would improve access to advanced treatment in underserved areas. It’s also important to revise reimbursement rates under government schemes like CGHS, PMJAY, and ECHS by linking them to inflation, as many rates have stayed the same for nearly a decade.
To position India as a global healthcare hub, creating a dedicated fund to promote high-quality healthcare and medical tourism is essential. Such measures can not only enhance our healthcare system but also boost India’s stature globally. The government should also prioritize funding research and development in the MedTech sector, incentivizing innovation, and transitioning to quality-linked procurement standards for value-based care.
Encouraging digital health solutions, medical research, and public-private partnerships can help India stay ahead in healthcare innovation. Providing tax benefits and supportive policies for healthcare providers will also be crucial in meeting new health challenges. At CARE Hospitals, we are committed to patient-focused care and hope this budget will empower healthcare providers to reduce gaps, improve outcomes, and make healthcare a key driver of national growth.”
Dr Rohan Dutta, Associate Professor, Anant School For Climate Action
“As India strives to achieve its climate action goals and transition towards a sustainable future, the Union Budget 2025 presents a pivotal opportunity to prioritise climate education in alignment with the visions of the National Education Policy 2020, and the National Mission on Strategic Knowledge for Climate Change under the National Action Plan on Climate Change. I expect increased budgetary allocations to incorporate climate literacy at all levels of education, from primary schools to higher institutions. This must include curriculum redesigns focused on sustainability, renewable energy, conservation, and practical skill-building programs for green jobs. Investments in teacher training and digital resources can enhance the reach and effectiveness of climate education, especially in rural and underserved areas. Collaboration with industries and research institutions can foster innovation hubs within educational institutions, promoting climate solutions tailored to India’s unique challenges.
Climate change is no longer abstract – it directly affects livelihoods, health, and economies. Therefore, empowering the next generation with knowledge and solutions is an investment in long-term resilience. The 2025 Union Budget must demonstrate a commitment to making climate education a cornerstone of national development, aligning with global best practices and India’s ambitious sustainability commitments. Only with informed citizens can India truly lead in creating a sustainable and climate-resilient world.”
Shoppin Lands Dollar 1Million to Revolutionize Fashion Discovery with AI
New Delhi, January 31, 2025: shoppin’, a new-age fashion search engine powered by AI, has successfully raised $1 million in pre-seed funding from Info Edge Ventures. The platform is on a mission to make fashion discovery seamless, personalized, and accessible for all, enabling users to discover apparel products using prompts, vibes, product descriptions and images, putting consumer needs at the heart of its operations.
In an era where online shopping can feel overwhelming and 80% consumers find poor fashion search as a barrier to purchase, shoppin’ stands out by simplifying the process of helping users find their perfect style. The platform has already built an impressive base of over 35,000 Instagram followers and 20,000+ waitlist sign-ups, all in 3 weeks —achieved at 0 marketing spend—highlighting the need for the problem they’re solving and shoppin’s growing popularity among fashion enthusiasts.
The newly acquired funding will be allocated towards three key areas: hiring top talent, enhancing proprietary technology, and fostering growth. A large majority of the funds will be deployed towards building a team of AI engineers, developing, fine-tuning and scaling its advanced AI models, incl. their custom built SLMs and embeddings model, tailored specifically for fashion.
“If OpenAI’s multi-modal and NLP search prowess, Google’s indexing algorithm, and Pinterest’s social DNA were to have a fashion-obsessed baby, it’d be us,” said Shlok, Founder & CEO of shoppin’.
“For Gen-Zs, over 75% of fashion inspiration discovery happens on Instagram and Pinterest. We started shoppin’ seven months ago with the idea of bridging the gap between inspiration discovery on social platforms and e-commerce discovery on marketplaces and D2C brand websites. Our mission at shoppin’ is to make fashion discovery as seamless and easy as clicking an image. With Info Edge Ventures’ support, we’re committed to innovating further, pushing the boundaries of AI, to help every shopper find what they love effortlessly,” said Shlok.
“Our foundational AI models for fashion and autonomous agents for commerce have enabled us to revolutionize fashion search,” added Utsav, Co-founder & CTO of shoppin’.
“Fashion discovery needs to be much more intuitive and enjoyable. With the emergence of many new fashion D2C brands in the country in the last five years, we strongly believe that surfacing upcoming and innovative D2C brands to the right customers and solving brands’ distribution challenges is essential,” said Kitty Agarwal, Partner at Info Edge Ventures. “The founders are young and mission-driven—I’m yet to see any consumer product get the kind of social and word-of-mouth-driven organic waitlist shoppin’ has been able to garner in the run-up to the launch. We are very excited,” added Kitty
shoppin’ is laying the groundwork to become a shoppable Pinterest by integrating cutting-edge AI with a user-friendly experience. With a team of 20 Gen-Z engineers and marketers, shoppin’ is well positioned to launch its beta search engine in February, with subsequent versions enhancing accuracy and personalization.
With partnerships already established with many leading D2C brands, Shoppin’ strives to be a trusted partner for both brands and consumers. Looking ahead, Shoppin’ plans to collaborate with even more brands, increasing its offering to Gen-Zs, further solidifying its position as the premier fashion platform for consumers and brands alike.
Ambuja Cements SEDI Launches AI Course for Himachal Youth
Shimla/Solan, 31 January 2025 – Ambuja Cements, the cement and building material company of the diversified Adani Portfolio, is committed to skilling the youth of the nation towards a better tomorrow. The Company’s Skill & Entrepreneurship Development Institute (SEDI) has launched a new Artificial Intelligence (AI) and Data Science course at its centres in Darlaghat and Nalagarh.
This innovative course aims to equip graduates in Science, IT, Commerce, or Arts with the skills needed for high-demand careers in AI and Data Science. The programme is designed to address the employment challenges faced by graduates in the region and prepare them for roles such as data analysts, data scientists, and python developers.
Ambuja Cements’ CSR team, through its 15 supported SEDIs, has a commendable track record, having trained over 75,000 rural youth with a 75% placement rate across various industries. It is committed to empowering underserved youth with essential skills, fostering employment, and industry readiness through forward-looking initiatives.