HomeLane to Acquire DesignCafe, Creating Combined Entity Worth USD INR 3,000 Crore
Bengaluru, 26th September 2024
Homevista Decor & Furnishings Private Limited, the parent company of interior brands HomeLane, Doowup, Cubico and Wrapzap, today announced its offer to acquire DesignCafe, a prominent player in the home interiors market. This acquisition, subject to regulatory approvals, will result in the creation of the largest entity in the interiors category in India, in terms of projects delivered.
Post-acquisition, the combined entity is expected to achieve a revenue of ₹1,000 crore in FY25, up 33% from Rs. 761 crore in FY24, and be EBITDA profitable. HomeLane, Doowup and DesignCafe will continue to operate as distinct end-to-end interiors brands, each catering to different segments of the market.
Strategic Synergies to Drive Growth and Profitability
The acquisition is poised to unlock significant synergies across areas such as manufacturing, design, procurement, and technology. These synergies will not only enhance operational efficiency but will also drive innovation and customer satisfaction across the combined entity’s offerings.
“We are incredibly excited and see immense potential in combining our tech-driven approach with DesignCafe’s design expertise, to create a true powerhouse in the home interiors industry,” said Srikanth Iyer and Tanuj Choudhry, Co-Founders of HomeLane. “The combined entity is already at a Revenue ARR of ₹900Cr, is cash profitable and at -2% EBITDA.”
Gita Ramanan and Shezaan Bhojani, Co-Founders of DesignCafe, added, “Joining forces with HomeLane propels our vision of democratising design for Indian homeowners even further. We are thrilled to continue our journey together with HomeLane, and look forward to jointly building India’s most-loved house of interior brands.
“I believe that this transaction marks the start of an exciting chapter, as it brings together two strong teams that are now the clear leaders in the Home Interior space,” said Sandeep Singhal, managing partner of Westbridge Capital and investor in DesignCafe. “Both teams have shown strong execution in the past, and together, we believe that they will deliver industry-leading performance for all stakeholders. We are excited to invest in & continue to be a part of this journey.”
INR 225 Crore Fundraising Round
In conjunction with this acquisition, HomeLane also announced a ₹225 crore funding round. This round features contributions from both existing investors of HomeLane and DesignCafe, as well as external investment from Hero Enterprise.
The participation of Hero Enterprise highlights their strong confidence in the strategic vision and growth potential of the combined entity. Commenting on the investment, Mr. Sunil Kant Munjal, Chairman of Hero Enterprise, said, “We are delighted to support HomeLane in this ambitious expansion. Our investment reflects confidence in their business model and it also presents meaningful synergies with Hero Realty. We look forward to seeing the innovation and growth that this partnership will bring.”
How Technology is Revolutionizing Festive Season Home Buying
by Yogesh Awasthi, President, Strategic Initiatives, Jenika Ventures
Today, technology impacts every aspect of an individual’s life, and one industry that has drastically transformed due to technology is the Indian real estate market. From ‘Smart Cities’ to smart homes, technology is making lives easier and more convenient, especially during this festive season. The festive season, in particular, is a time when the real estate market sees a significant uptick in activity. Buyers are eager to make purchases, incentivized by special offers, discounts, and the cultural significance of buying homes during this auspicious period.
Virtual Tours to Properties
Gone are the days when potential homebuyers had to visit multiple properties physically before making a decision. Now, with the help of virtual reality (VR) and 360-degree video technology, buyers can take a virtual tour of homes from the comfort of their living rooms. Virtual tours not only provide the convenience of narrowing down choices before scheduling in-person visits but also save a lot of time and effort for both buyers and sellers. Moreover, it opens up possibilities for buyers living abroad or in distant cities to participate in the festive season’s home-buying rush without traveling.
Use of AI in Property Search
AI (Artificial Intelligence) has become one of the major key players in revolutionizing the overall home-buying experience. AI-driven algorithms now can help potential buyers find homes that match their specific preferences, budget, and location in a more targeted and efficient way than ever before. AI-powered chatbots are also widely used to assist homebuyers 24/7, answering queries, setting up appointments, or even guiding them through the buying process. During the festive season, when the influx of interested buyers increases, these AI tools become invaluable in handling high volumes of inquiries and ensuring seamless communication between buyers and sellers.
Blockchain and Secure Transactions
One of the most critical aspects of home buying is the legal and financial transactions involved. Traditionally, this has been a time-consuming and sometimes insecure process. However, blockchain technology is now providing a secure and transparent way to handle property transactions. Blockchain ensures that all transactions, from property titles to financial agreements, are recorded on a tamper-proof ledger. This reduces the risk of fraud and speeds up the closing process. During the festive season, when many transactions are happening simultaneously, blockchain’s ability to provide quick and secure transactions is invaluable, helping to ensure that deals are completed smoothly.
Automated Valuation Models (AVMs)
Another significant technological advancement in real estate is the use of Automated Valuation Models (AVMs), which employ statistical algorithms to estimate a property’s value. AVMs draw on data from previous property transactions, factoring in variables such as location, property type, age, and more to provide an accurate estimate of a property’s market worth. AVMs are not only fast and cost-effective, but they also help buyers and sellers avoid potential pitfalls. For instance, AVMs can identify discrepancies in property tax assessments or flag possible zoning violations, making them a valuable tool during the festive season rush. With AVMs, buyers can quickly assess whether a property is fairly priced, while sellers can use these models to set competitive prices, ensuring a smoother transaction process.
In short, technology’s impact on the home-buying experience during the festive seasons is highly profound. From virtual tours to secure transactions, these technological advancements are making the process more efficient, secure, and buyer-friendly. In a market where timing is crucial, especially during the festive season, technology is proving to be a game-changer, empowering buyers to make smarter, faster, and more informed decisions.
Residential Demand Surges 12.3% QoQ Amidst 8.3% Capital Appreciation, Reveals Magicbricks’ PropIndex Report
New Delhi, September 25, 2024: Between July and September 2024, residential demand (searches), increased 12.3% quarter-on-quarter (QoQ), amidst an 8.3% increase in residential prices, according to the recently released PropIndex Report (Jul-Sep 2024) by Magicbricks, India’s leading real estate platform.
Drawing on preferences from over 20 million customers on the Magicbricks platform, the report further detailed that cities such as Noida (16.9% QoQ), Gurugram (15.5% QoQ), and Greater Noida (15.1% QoQ) saw the highest increases in residential prices during this period.
According to the report, the average rate in Noida reached INR 11,625 psf as compared to INR 9,945 psf in the previous quarter. Average property rates in Gurugram reached INR 14,650 psf, and in Greater Noida, it increased to INR 7,752 psf between July and September 2024.
Commenting on the trends, Abhishek Bhadra, Head of Research at Magicbricks, shared, “The residential real estate market is witnessing strong interest for both primary homeownership and investment. Demand is increasing at its highest pace in the past two years, with satellite cities around major urban centers such as Delhi and Mumbai attracting significant attention. Possibly there is also a fear of missing out (FOMO) among investors, which continues to drive market activity. However, as more supply enters the market, residential prices are expected to continue rising in the short term, though at a more moderate pace.”
The report further observed that growing interest in under-construction (UC) properties has resulted in a capital appreciation of 11% QoQ across the tracked cities, with significant growth seen in Thane (19.5% QoQ), Gurugram (17.3% QoQ) and Noida (14.5% QoQ). Additionally, the report indicated that demand for 3BHK units continues to dominate, accounting for 50% or more of total demand in most cities, except for Chennai, Navi Mumbai, and Thane, where 2BHK units remain the preferred choice.
Address Advisors curated 100+ residential projects at the 2nd Edition of their Property Expo: Property Buffet 2024
Bengaluru, 25th September 2024: Address Advisors, an 8-year-old service and research focused real estate consultancy, witnessed 3000 visitors in its one-of-a-kind expos, Property Buffet 2024 held in their Bommanahalli office. The crowd was demonstrated to all kinds of residential projects from ultra luxury apartments, plots, villas, to farmlands specifically curated for buyers. They also facilitated many on-the-spot bookings and potential transaction of 150 CR in a span of two days.
Aligned with Address Advisors’ expertise in being a one stop solution for real estate services, the specific focus of the expo was on providing buyers with the best properties suited for them. The event provided a real on-ground experience to all kinds of visitors, from business owners to individual aspirants, to learn about real estate trends and high potential real estate opportunities. The visitors were able to understand property features, interacted about their requirements with businesses and sales heads of all top developers like Godrej Properties, K Raheja Corp, Birla Estates, Sobha, Mahindra Lifespaces, Purvankara, Sumadhura, Assetz to name a few.
Commenting on the expo, Mr. Sunny Mogra, Co-founder and CEO, Address Advisors, said, “Our endeavour is to provide a platform to potential buyers, in a very orgainsed manner, supporting, building communities and achieving holistic growth for the residential market in Bengaluru. Our customers are at the heart of our business, and we are proud to be consistently setting benchmarks for service and transparency.”
Commenting on the expo, visitors said, “Address Advisors Property Buffet was a fantastic experience! It’s great to discover a variety of property options we hadn’t considered before, and everything is curated under one roof. The end-to-end service will be a real game changer, especially with the on-site visits making it easier to visualize the choices. It’s impressive that the team was able to educate about the market while also matching our requirements so effectively.”
KFC’s India Sahyog program pledges support to 100 businesses in Hyderabad
Hyderabad, 24th September 2024: After successfully supporting 800 local restaurants across Mumbai, Bengaluru, Delhi, Guwahati and Kolkata, KFC’s India Sahyog program is back for the second time in Hyderabad.
As part of the program, having trained 100 restaurants in Hyderabad in 2021, KFC will now work with 100 more local restaurants & food joints in the city, helping them in business growth through training modules in food safety & hygiene, customer service, profitability and more. KFC’s India Sahyog program was launched in 2020; and is conducted in association with the National Restaurant Association of India (NRAI) and the Food Safety and Training Certification (FoSTaC) program of FSSAI; and aims to support 1000 restaurants across India by the end of 2024.
Speaking about the continued effort to augment the growth of the food industry in India, Moksh Chopra, General Manager, KFC India & Partner Countries, said, “The food industry has been going through a dynamic change, and it’s important for food businesses to keep pace with the changing trends, customer preferences, and demands. As part of our India Sahyog program, we have been working with FSSAI & NRAI over the last few years, to support 1000 independent restaurants across the country by 2024. This chapter in Hyderabad is another step in that direction, where we will be training and sharing knowhow with 100 local restaurants in the city.”
Appreciating the efforts of the brand, Sh. R V Karnan, I.A.S, Commissioner of Food Safety Telangana said, “Food consumption patterns have evolved significantly in the past few years. Food safety and hygiene have now become the top priorities for consumers. As local restaurants play a crucial role in the urban economy, it is their responsibility to ensure the highest standards of safety and hygiene. And it is good to see these training modules that have been tailored in a way to reduce the risk of unsafe food consumption and contribute to a healthier, safer dining experience across the state.”
Federation of Telangana Chambers of Commerce and Industry (FTCCI) President, Suresh Singhal also addressed the attendees, offering valuable insights into the broader industry perspective and emphasizing FTCCI’s commitment to supporting various sectors, particularly the retail and food service industries. He underscored the chamber’s dedication to driving excellence and ensuring that businesses are well-prepared to meet the stringent demands of food safety compliance.
The program was further enriched by the presence of key industry association leaders, Sh. Gautam Jain, Director of Legal Compliances at the Retailers Association of India. Their involvement highlighted the importance of a unified approach to elevating food safety practices across the sector.
KFC has been continually making efforts to grow the local food industry in the country. In the past, KFC India and FSSAI have pioneered a street food vendor, training over 1500 street food vendors across 4 states on food safety parameters. Additionally, the brand also undertook a Food Safety Officers capability enhancement program along with the State Food Safety Authorities.
New Relic Names Larissa Crandall Channel Chief and VP of Partners and Alliances
Bangalore, September 24, 2024—New Relic, the Intelligent Observability Platform, announced the appointment of Larissa Crandall as Channel Chief and Group Vice President of Partners and Alliances to further develop and strengthen the company’s partner strategy and channel programs worldwide. In this role, Crandall will grow the partner organization, expand multiple parts of the company’s alliance and partner ecosystem, and help enterprises around the world realize the benefits of New Relic in driving innovation, improving reliability, and delivering more perfect customer experiences.
“With worldwide spending on public cloud services forecasted to double between 2024 and 2028, and AI adoption continuing to rise, the need for intelligent observability has never been greater,” said New Relic Chief Revenue Officer Chris Jones. “As these industry trends continue to drive demand for our platform, engaging our partners on a global scale will be vital to New Relic’s continued success. Larissa is joining the company at a pivotal moment, and I’m thrilled to have her lead our channel and alliances program into its next stage of growth.”
Channel veteran to strengthen and accelerate partnerships globally
Crandall has spent her entire career leading channel and sales teams in the technology sector. She joins New Relic from Veeam, where she held the position of Vice President of Global Channel and Alliances. During her tenure, Crandall successfully built the company’s first global partner program, rebuilt the certification and enablement program, and accelerated partner-initiated revenue. Prior to Veeam, Crandall led the Global Channel and Alliances organization at Gigamon and held senior partner roles at Scalr and Unitrends.
Crandall is a highly awarded, collaborative leader with a stellar track record in building and leading high-growth partner programs. Her accolades include recognition by CRN for numerous awards, including top Channel Chiefs, Woman of the Channel, Power 100 – Top Most Powerful Woman in the Channel, and Inclusive Leadership Award. Crandall also serves on the Baptie & Company Channel Advisory Board, a leading global community for individuals running sophisticated channel ecosystems.
“New Relic is a market maker and a pioneer in the observability space. I am excited to join the company as it continues to innovate and lead the sector with a compelling product, business model, and team dedicated to delivering customer success,” said Crandall. “With the amazing partnerships we have developed, I embrace the opportunity to lead the global channel and alliances organization at New Relic as the company enters its next phase of growth.”
New Relic to grow multiple parts of the ecosystem
Crandall will build on New Relic’s channel presence worldwide by working with global and regional partners, MSPs, GSIs, and hyperscalers to strengthen best practices and catalogs for advancing the observability journey and augmenting growth with new partners. She will also focus on empowering the partner ecosystem with resources and tools, and further simplifying doing business with New Relic for partners and customers.
Partnerships and alliances are at the center of New Relic’s growth strategy. Most recently, New Relic formed the Secure Developer Alliance with FOSSA, Gigamon, and Lacework to help secure cloud infrastructure and close the gap between security and engineering teams when shipping code. New Relic also continues to demonstrate its commitment to its partner ecosystem with several key initiatives, including the expansion of New Relic Instant Observability, an open source ecosystem of nearly 800 quickstarts and integrations that help engineers instrument, dashboard, and alert their entire stack. Recent collaborations involve AWS, Microsoft, and NVIDIA.
Fracspace Launches Game-Changing In-App Features for Interiors and Real Estate Enthusiasts in Hyderabad and Bangalore
India, 24 September 2024: Fracspace, a pioneer in real estate innovation, is thrilled to announce the launch of two revolutionary in-app features aimed at enhancing the experience of interiors and real estate enthusiasts in Hyderabad and Bangalore. These new offerings represent a significant step forward in Fracspace’s mission to simplify real estate transactions and interior design processes for users.
The first in-app feature, Interiors & Construction Solutions, offers a robust set of tools tailored to help users design and execute their home or commercial projects. Whether planning a small renovation or a large-scale construction, users can access expert resources and manage projects effortlessly. From selecting materials to managing project timelines, this feature provides end-to-end support, ensuring users can seamlessly create their dream spaces.
The second feature is an In-App Listing of Residential and Commercial Properties across India. This streamlined platform allows users to buy, sell, and lease properties with ease. With a comprehensive listing of properties, Fracspace enables users to explore the real estate market efficiently, facilitating smooth property transactions for everyone—from first-time buyers to experienced investors. The app’s intuitive interface guides users through the process, making property transactions simpler and more transparent.
“With the introduction of these in-app features, Fracspace is empowering users to take full control of their real estate and interior design projects,” said Unnath Reddy, CEO & Founder of Fracspace. “Our app is becoming a one-stop solution for all real estate needs, allowing users to manage everything from property transactions to interior design and construction. These tools make it easier for users to navigate complex processes and turn their ideas into reality.”
Fracspace is also known for its innovative fractional ownership model, which allows users to invest in high-end real estate properties and enjoy luxury vacations while earning a minimum of 8% rental yield annually. The app offers easy exit options, comprehensive property management services, and the ability to build diverse real estate portfolios, making real estate investments more accessible and affordable for everyone.
With these new in-app features, Fracspace continues to evolve as a comprehensive platform for real estate enthusiasts, empowering users to simplify transactions and bring their design visions to life.
U.S. Polo Assn. Partners with Zepto to Boost Quick-Commerce Fashion Offerings
Mumbai, 24th September 2024 — In a landmark move that marks the next phase of the quick-commerce revolution, U.S. Polo Assn. (USPA), the official brand of the United States Polo Association, is collaborating with Zepto operators to bring its exclusive collection to the platform. Zepto, India’s fastest growing consumer internet platform known for its 10-minute delivery promise, is expanding its offering to include premium apparel and fashion, starting with USPA.
This collaboration not only enhances Zepto seller’s portfolio but also signifies a shift in how shoppers can access fashion—from groceries and personal care to now clothing from premium international brands—all within the same rapid delivery window.
On the announcement, Aadit Palicha, co-founder & CEO, Zepto shared, “We’re thrilled about this partnership. USPA, a brand that is synonymous with premium quality and timeless style. This collaboration marks a pivotal moment in our quick-commerce journey as Zepto expands into the fashion and lifestyle space. With USPA on board, our sellers are delivering a new level of convenience to fashion shoppers across India.”
Shailesh Chaturvedi, MD & CEO, Arvind Fashions Limited says “With U.S. Polo Assn.’s sporty coolness and Zepto’s lightning-fast delivery, we are bringing a new level of accessibility and convenience to our customers. That’s such an exciting trend setting solution for modern day needs of our consumers.”
U.S. Polo Assn.’s collection is live on the platform, offering Zepto platform users a curated selection of timeless, stylish apparel. From classic polo shirts to casualwear, Zepto users can now enjoy iconic USPA pieces delivered within minutes.
This collaboration represents a significant leap in quick-commerce, with Zepto sellers expanding from essentials to premium fashion. Whether it’s grabbing a classic polo shirt minutes before an event or ordering casualwear for a spontaneous outing, Zepto’s users can experience the unmatched convenience of fast, high-quality fashion—a true game-changer for those who value both speed and style.
Continental India Collaborates with Amrita Vishwa Vidyapeetham and MathWorks India to Prepare Industry Ready Talent
Bengaluru, September 24, 2024. Continental’s Technical Center India (TCI) has collaborated with Amrita Vishwa Vidyapeetham, Coimbatore and MathWorks to introduce the course titled “Automotive Systems and Layered Architecture” delivering know-how of the automotive industry emphasizing on Automotive Open Source Architecture (AUTOSAR) with an aim to prepare industry-ready talent. The initiative aims to reduce the divide between industry and academia while equipping students with industry experience and practical skills.
Continental signed a Memorandum of Understanding (MoU) with Amrita University in 2022 in order to introduce several academic and research initiatives through curriculum development, research projects, and offer consulting as well as internship opportunities. “The Automotive Systems and Layered Architecture (AUTOSAR)” course signifies a momentous step towards this direction. It will not only equip the students with the necessary skills but help them meet the demands of the evolving industry.
“This partnership is a testament to Continental’s commitment towards fostering an industry-ready talent. We plan to equip students with practical skills and experience they need to excel in the automotive industry by integrating Continental’s industry expertise with academic knowledge. This partnership will create a talent pool that is well informed about state-of-the-art technologies and well prepared to meet the upcoming challenges”, says Latha Chembrakalam, Head of Technical Center India (TCI), Continental.
Prof C. Parameswaran, Principal Director of Corporate & Industry Relations from Amrita Vishwa Vidyapeetham said “We are extremely grateful to have the support and expertise of Continental Automotive and MathWorks for introducing a course that has been curated to provide our students with a comprehensive understanding of AUTOSAR, a technology that has become an industry standard in the automotive sector. This course will be offered through a combination of lecture, hands on workshops and industry relevant case studies. By pursing this course, we expect the students will not only be knowledge, but also adaptable innovative and ready to lead the way in the world of Automotive Engineering.”
“The AUTOSAR course offered by Continental and MathWorks will allow hands-on experience in developing scalable, modular software architecture required for automotive embedded systems. Through the tools offered by MathWorks and the industry expertise of Continental, learners gain practical skills in model-based design, simulation, and testing, aligning with current industry standards for efficient and reliable automotive software development”, added by Dr. Sasangan Ramanathan, Dean – Academics, Amrita Vishwa Vidyapeetham.
Sunil Motwani, Country Manager – MathWorks India said, “We are thrilled to partner with Continental India to develop a comprehensive course for Amrita Vishwa Vidyapeetham, Coimbatore. MathWorks is uniquely positioned with deep roots in education and extensive collaboration with the industry, giving us a clear understanding of the skills needed in the workforce. The course is designed to help students learn about various aspects of automotive product development including architecture, embedded systems and standards like AUTOSAR through the Model-Based Design framework. We believe that this course will prepare the students for jobs in the automobile world.”
Phased Approach to Build Industry-Ready Talent
This collective effort has been executed in three phases. Phase 1 comprises of designing a curriculum that aligns with industry standards which leveraging industry expertise, university ecosystem, and simulation technology in hand. Phase 2 aims at collective growth through collaboration, which includes Faculty Development Programs (FDP) and monthly expert sessions at the university campus, culminating in an industry readiness examination at the end of the semester. Phase 3 is the execution phase which aims to bring the vision to reality through active and effective delivery of course with university bodies and simulation partners.
The AUTOSAR course, with its extensive approach to industry-academia integration will work towards creating a stronger talent pool in India. It will further help contribute to the overall growth of the automotive industry in the country and innovation in future.
technical Center India’s (TCI) Academic Associations
Technical Centre India (TCI) was set up in 2009 and has grown substantially as of Continental’s in-house R&D locations. With a strength of more than 6,000 engineers, it is one of the company’s major R&D locations organized under the Software and Central Technologies (SCT). TCI supports both global and local R&D for the company’s Automotive group sector. TCI has in the past and is currently collaborating with a host of premier institutions across the country.
Continental develops pioneering technologies and services for sustainable and connected mobility of people and their goods. Founded in 1871, the technology company offers safe, efficient, intelligent and affordable solutions for vehicles, machines, traffic and transportation. In 2023, Continental generated sales of €41.4 billion and currently employs around 200,000 people in 56 countries and markets.
The company has been present in India for close to 50 years through technology partnerships (Continental Tires since 1974) and joint ventures for its various businesses. Today, the tier 1 automotive supplier, tire manufacturer, and industrial partner operate across India – with about 10,000 employees across 12 locations, including six plants that cater to the Indian market and a Technical Center that supports Continental’s global R&D activities.
Sustainiam to Manage End-to-End I-REC Process for Brookfield’s Renewable Assets
24th September 2024 — Sustainiam, a climate tech startup, India’s fastest-growing carbon management solutions, has successfully onboarded a massive portfolio of 400 MW renewable assets from Brookfield, a global renewable energy powerhouse, for the registration, issuance, and trading of International Renewable Energy Certificates (I-REC). This portfolio primarily consists of wind assets, underscoring Brookfield’s commitment to expanding its renewable energy capabilities in India and beyond.
The 400 MW portfolio, now being processed for I-REC registration through Sustainiam’s issuance and trading platform , will enable Brookfield to tap into the growing demand for renewable energy certificates, ensuring their assets generate verified and tradable I-RECs. This is a crucial step for Brookfield as it expands its operations in India, where it currently oversees more than 25 GW of wind and solar assets, with ambitious plans to scale its renewable energy footprint further.
Sapna Nijhawan, Founder & CEO of Sustainiam, commented on the partnership saying “We are thrilled to collaborate with Brookfield on this significant project. As one of the leading global players in renewable energy, Brookfield’s commitment to sustainability aligns perfectly with Sustainiam’s mission to accelerate decarbonization through cutting-edge technology. The onboarding of this portfolio is a testament to our platform’s capability in streamlining the complex process of I-REC registration and trading, ensuring Brookfield’s renewable energy assets are fully optimized for carbon markets.” With Sustainiam’s platform, Brookfield gains access to real-time tracking and trading of I-RECs, further solidifying their leadership in the renewable energy sector.
Brookfield, known for its focus on renewable assets globally, recently acquired a controlling stake in Leap Green Energy, a prominent player in India’s renewable energy market. The partnership between Brookfield and Sustainiam aims to streamline the carbon credit certification process, making it easier for Brookfield to achieve its decarbonization goals while contributing to global renewable energy transitions.
Sustainiam has already built partnerships with major brands, including Sheraton Hotels & Resorts, ITC Responsible Luxury, WelcomHotel, Cargill, Radisson and Coca-Cola, offering them real-time insights and streamlined solutions for managing and trading renewable energy certificates. The addition of Brookfield to its client portfolio further strengthens Sustainiam’s leadership in the carbon management space.