Moneyboxx Finance expands Leadership team, Sandipan Thakur appointed as Head – Collections

National, 15th May 2025 – Moneyboxx Finance, a BSE-listed NBFC focused on transforming credit access for micro and small enterprises in underserved India, has appointed Sandipan Thakur as Head of Collections. In this role, he will be responsible for designing, optimizing, and executing robust collection strategies for the company’s expanding customer base across semi-urban and rural regions.
 
Sandipan brings over 23 years of experience in Debt & Receivable Management, Legal & Litigation, and Process & Operational Risk Management, having held leadership positions at Hiranandani Financial Services Pvt. Ltd., RBL Finserve Ltd., SMFG India (erstwhile Fullerton India Credit Co. Ltd.), Citi Financial, among others.
 
Welcoming him to the company, Mr. Deepak Aggarwal, Co-founder, Moneyboxx Finance, said: “We are pleased to welcome Sandipan Thakur to our leadership team. His deep domain expertise in collections strategy, litigation, and operational risk will be invaluable as we continue to strengthen our portfolio and scale sustainably. As we expand our footprint across underserved regions, his leadership will play a pivotal role in enhancing our credit quality and supporting our broader vision of empowering grassroots entrepreneurs through responsible lending.”
Commenting on his appointment, Mr. Sandipan Thakur said, “I am thrilled to join Moneyboxx Finance in their commitment to making meaningful strides in enabling financial inclusion and rural entrepreneurship. The strong mission-driven culture and the team’s focus on building impactful lending solutions is truly inspiring. I look forward to contributing to this journey by designing and implementing robust, phygital collection frameworks that not only drive efficiency but also ensure a seamless and supportive experience for our customers.”
 
This leadership addition comes amid a phase of strong business momentum on the backdrop of 56% year-on-year growth in AUM in Q3 FY25 and has built a robust footprint of 160+ branches across 12 states, reflecting sustained efforts to empowering underserved entrepreneurs in rural and semi-urban India.

Himmat Singh strikes again , bringing you Special Ops Season 2, premiering soon only on JioHotstar!

Mumbai, 15th May 2025: JioHotstar proudly announces the return of a landmark show that redefined the Indian espionage thriller genre, Special Ops. Built in its own league with compelling storytelling, sharp characters, and high-stakes action, this new installment promises to deliver an even more gripping narrative, delving deeper into the world of Indian intelligence. With the stakes higher than ever, Special Ops season 2 is set to push the boundaries of the spy genre in India.

Alok Jain, Head of Cluster, Entertainment (Colors, Digital Hindi, Niche, Movies and Studio), JioStar, said, “At JioHotstar, we are committed to bringing bold, high-impact storytelling to our audiences, and Special Ops has been a defining example of that vision. The return of Himmat Singh in Special Ops season 2 marks not just the continuation of a beloved franchise, but a significant milestone in the evolution of premium Indian content. We are excited to deliver a season that’s bigger, smarter, and even more gripping.”

Creator Neeraj Pandey said, “With Special Ops, we aimed to create a lasting legacy in action, scale, and storytelling, something that resonates across audiences and generations. The overwhelming response to past seasons not only humbled us but challenged us to push our creative boundaries even further. This season, we’ve dialled up the stakes, the intensity, and the emotional arcs, delivering an even more thrilling experience. This journey, from the show’s inception to now with Season 2, has been exhilarating, thanks to the incredible passion of our team at Friday Storytellers and the unwavering support and collaboration with JioHotstar. We can’t wait for audiences to embark on this new chapter with us.”

Versatile Actor Kay Kay Menon who is portraying the iconic character of Himmat Singh said, Himmat Singh is a character that has resonated deeply with audiences. Returning to this role is both a challenge and a privilege. In Special Ops season 2, viewers will witness new facets of Himmat’s journey – his vulnerabilities, his grit, and the weight of choices he’s made. It’s a powerful script, and I can’t wait for audiences to experience it.”

 Special Ops season 2 raises the bar even higher — it’s bigger, bolder, and grander in scale, vision, and ambition. Premiering soon on JioHotstar.

MediBuddy Appoints Sidhartha Mehra as CFO to Boost Growth

Mumbai, 15 May, 2025: MediBuddy, India’s leading digital healthcare company, has announced the appointment of Sidhartha Mehra as Chief Financial Officer (CFO). With over 20 years of global and Indian experience across multinational corporations and high-growth enterprises, Sidhartha has led Finance, Legal, Compliance, HR, Investments, and Procurement functions. He brings a rare blend of financial acumen and cross-functional leadership, with expertise in IPO, M&A, and strategic financial management.

In his role at MediBuddy, Sidhartha will lead MediBuddy’s financial strategy, capital management, and regulatory compliance. His proven expertise in managing large-scale M&A, corporate restructuring, finance transformation, and strategic capital allocation will be instrumental in driving long-term value creation for the company and its stakeholders.

Satish Kannan, Co-founder and CEO of MediBuddy, said, “Sidhartha’s strategic foresight, combined with his cross-functional expertise, makes him the ideal partner to help MediBuddy navigate its next phase of growth. His ability to align financial performance with broader business strategy will be key in building a financially resilient organisation that can scale sustainably.”

Commenting on his new role, Sidhartha Mehra, CFO, MediBuddy, said, “I’m thrilled to join MediBuddy as it accelerates its mission to make high quality healthcare accessible to all. Aligned with this vision, my focus will be on building a world-class finance function that enables scale, drives strategic growth, and unlocks long-term enterprise value. I look forward to driving measurable impact at scale—both within the business and across the communities we serve. It is deeply fulfilling to be associated with a purpose-driven company that is transforming lives through empathetic and tech-led healthcare.”

Sidhartha has held senior leadership positions across global financial institutions and leading Indian companies. Most recently, he served as the CFO and CHRO at Zolo, where he played a pivotal role in leading enterprise-wide transformation, driving operational efficiency and governance frameworks. Prior to this, he held leadership roles at Jupiter Capital, GE Capital, and Barclays, managing financial planning, regulatory compliance, and business analytics across global markets including the UK, Ireland, Belgium, and India.

In addition to his corporate leadership, Sidhartha also serves as a Professor of Practice at the Manipal Centre for Innovation, Leadership, and Entrepreneurship, highlighting his passion for shaping future leaders in finance and strategy.

Auto Industry Performance of April-2025

Monthly Performance: April 2025 

Production: The total production of Passenger Vehicles1, Three Wheelers, Two Wheelers, and  Quadricycle in April 2025 was 2,318,882 units 

Domestic Sales:  

  • Passenger Vehicles2 sales were 3,48,847 units in April 2025. 
  • Three-wheeler sales were 49,441 units in April 2025 
  • Two-wheeler sales were 1,458,784 units in April 2025. 

Commenting on April-2025 performance, Mr Rajesh Menon, Director General, SIAM said,  “Passenger Vehicles segment posted its highest ever sales of April in 2025 of 3.49 Lakh units,  with a growth of 3.9% as compared to April 2024. Three-Wheelers de-grew marginally by (-)  0.7% compared to April of previous year, with sales of 0.49 Lakh units. The Two-Wheeler  segment de-grew by (-) 16.7% in April 2025, as compared to April 2024, with sales of 14.59  Lakh units, due to high base effect of April last year, while it is likely to pick up in coming months. Auto industry smoothly transitioned to the new regulatory regime of 2nd stage of On-Board  Diagnostics (OBD) 2 regulation for Two and Three Wheelers from April 2025 onwards, in  addition to rolling out E-20 compliant gasoline vehicles across the country from this month.”

Society of Indian Automobile Manufacturers 

Domestic Sales: Monthly 

Category 

Domestic Sales (In Nos.)

Segment/Subsegment

April 

2024 

2025 

% Change

Total Passenger Vehicles

3,35,629 

3,48,847 

3.9%

Three Wheelers

     

Passenger Carrier 

39,383 

40,167 

2.0%

Goods Carrier 

8,818 

8,135 

-7.7%

E-Rickshaw 

1,308 

830 

-36.5%

E-Cart 

265 

309 

16.6%

Total Three Wheelers 

49,774 

49,441 

-0.7%

Two Wheelers

     

Scooters 

5,81,277 

5,48,370 

-5.7%

Motorcycles 

11,28,192 

8,71,666 

-22.7%

Mopeds 

41,924 

38,748 

-7.6%

Total Two Wheelers 

17,51,393 

14,58,784 

-16.7%

Quadricycle 

19 

-84.2%

 

Thakur Anoop Singh Visits the Capital to Promote His Upcoming Action Thriller Romeo S3

Actor Thakur Anoop Singh visited the heart of the nation as part of the promotional campaign for his upcoming action-packed film Romeo S3, which is set to release in cinemas across India on 16th May 2025.
 
The capital city buzzed with excitement as Thakur Anoop Singh interacted with the media, offering insights into his intense role as DCP Sangram Singh Shekhawat, a righteous cop determined to dismantle the dark nexus of drugs, politics, and power in the underbelly of Goa.
 
Directed by Guddu Dhanoa, Romeo S3 promises to be a high-octane entertainer with explosive action, gripping performances, and a socially relevant narrative. The film also stars Palak Tiwari in a pivotal role and is presented by Dr. Jayantilal Gada (Pen Studios) and produced by Dhaval Gada and Wild River Pictures.
 
Speaking at the press event in Delhi, Thakur Anoop Singh said, “Delhi always feels electric. The warmth and energy of this city are unmatched. It’s an honor to be here and share a glimpse of Romeo S3, a film that’s intense, emotional, and packed with action. I’m excited for audiences to experience it in theaters this Friday.”
 
With its bold storytelling and larger-than-life action sequences, Romeo S3 is all set to make a powerful impact on the big screen.
 
Don’t miss the action unfold, Pen Marudhar will release Romeo S3 nationwide on 16th May 2025.
 
Thakur Anup Singh visited the capital to promote his upcoming action thriller ‘Romeo S3’
 
Actor Thakur Anup Singh visited the country’s capital as part of the promotional campaign for his upcoming action-packed film Romeo S3. The film is going to release in cinemas across India on May 16, 2025.
 
There was a wave of excitement in the capital when Thakur Anup Singh interacted with the media and shed light on his intense portrayal of DCP Sangram Singh Shekhawat, an honest police officer on a mission to break the nexus of drugs, politics and power that runs rampant in Goa’s dark underworld.
 
Directed by Guddu Dhanoa, the film promises high-octane entertainment, with tremendous action, strong performances and a socially relevant story. The film will also feature Palak Tiwari in a pivotal role. It is presented by Dr. Jayantilal Gada (Pen Studios) and produced by Dhaval Gada and Wild River Pictures.
 
Thakur Anup Singh said at a press event held in Delhi, “The energy in Delhi is always amazing. The warmth and vibrancy of this city is something else. It is an honour to be here and share a glimpse of Romeo S3. The film is emotional, intense and full of action. I am sure the audience will enjoy watching the film in theatres this Friday.”
 
With a bold storyline and grand action sequences, Romeo S3 is set to make a strong impact on the big screen.
 
Don’t miss this action packed story – Romeo S3 will release nationwide on 16th May 2025 under the distribution of Pen Marudhar.

Ixigo Delivers Record-Breaking Q4 and FY25 Results

Chennai, India, 15th May 2025: Le Travenues Technology Limited , India’s leading OTA for the Next Billion Users, announces its financial results (standalone and consolidated) for the quarter ended March 31, 2025 and full year FY25. The company delivered its best-ever quarterly performance across all verticals, reporting acceleration of nearly all metrics, with a 72% year-on-year (YoY) increase in revenue from operations to Rs.284.1 Cr in Q4 FY25 and a 65% YoY increase in Gross Transaction Value (GTV). The company has also posted a record 128% YoY growth in Profit After Tax & a 74% growth in Profit before share of loss of an associate, exceptional items and tax at Rs 27.2 Cr in Q4 FY25.
 
Key Performance Highlights – Q4 FY25
 
Gross Transaction Value (GTVcrossed Rs.4418.4 Cr in Q4 FY25, growing by 65% YoY. Flight & Bus GTV each grew 92% YoY while Train GTV grew 41% YoY for Q4 FY25 vs Q4 FY24. Revenue From Operations grew by 72% YoY in Q4 FY25 to Rs.284.1 Cr from Rs.164.9 Cr in Q4 FY24.  Contribution Margin (CM) increased by 69% YoY, reaching Rs.120.9 Cr in Q4 FY25EBITDA increased by 64% to Rs.30.7 Cr for Q4 FY25 as compared to the same period in the previous year. Adjusted EBITDA (EBITDA plus ESOP Expenses less Other Income) increased to Rs.29.1 Cr for Q4 FY25, an increase of 70% from Rs.17.1 Cr in Q4 FY24.  Profit Before Tax, Share of Loss of Associates and Exceptional items is at Rs.27.2 Cr in Q4 FY25 as compared to Rs.15.6 Cr in Q4 FY24, recording an increase of 74% on a YoY basis. Profit After Tax is at Rs.16.8 Cr in Q4 FY25 compared to Rs.7.3 Cr in Q4 FY24, recording an increase of 128% on a YoY basis.
 
Management Comments
 
Rajnish Kumar, Group Co-CEO, ixigo and Aloke Bajpai, Group CEO, stated:  “This has been our strongest quarter yet, driven by consistent quarter-on-quarter acceleration across all lines of business. Our outstanding growth in categories such as flights and buses stems from a unique playbook that combines a customer-centric approach, ability to cross-sell and up-sell to a unique captive user-base,  a tech-centric DNA, AI-driven efficiency and enhanced brand awareness — all while maintaining healthy margins. We’re also seeing operating leverage kick in as demonstrated in our robust cash flow from operations amounting to Rs. 122 crores in FY25.”
 
Saurabh Devendra Singh, Group CFO, ixigoadded: “We went public in FY25 and this has become a defining year for our trajectory. This fiscal we achieved ₹14972 crore in GTV, ₹914 crore in Operating Revenue, and delivered a 71% YoY increase in Adj. EBITDA proving that scale and financial discipline need not be mutually exclusive”
 
FY25 Snapshot: Breaking Records Across Usage & Engagement
 
From serving over 544 million travellers annually to processing refunds faster than a Bollywood movie climax, FY25 was a year of scale, speed, and firsts for ixigo. Here’s a snapshot of the milestones that defined our journey across travel categories and user touchpoints.

Sheraton Hyderabad Appoints Sourav Pal Chowdhury as Assistant Director of Food & Beverage

Hyderabad, 15th May 2025: Sheraton Hyderabad Hotel announced the appointment of Mr. Sourav Pal Chowdhury as the new Assistant Director of Food & Beverage. With a robust career spanning over 16 plus years in the hospitality industry, Sourav brings with him a wealth of experience in luxury hotel operations, food and beverage management and customer service excellence.

In his new role, Sourav will oversee the strategic and operational leadership of the hotel’s food and beverage division, which includes multiple restaurants, banqueting and ODC operations, MBOW and in-room dining services. His focus will be on elevating the food and beverage offerings, driving guest satisfaction, and optimizing service standards in line with Sheraton’s brand ethos.   

Prior to joining Sheraton Hyderabad, Mr. Chowdhury held key leadership positions with several prestigious hospitality brands including Conrad BengaluruHilton Bangalore Embassy GolfLinksMHRS Kochi & Jaipur Novotel & Ibis Bengaluru, and Hyatt Hotels, among others. He also brings unique cross-industry experience from his tenure as Unit Head at Cinepolis India Pvt. Ltd., where he managed food and cinema operations for a 10-screen multiplex based out of Bengaluru.

Throughout his career, Mr. Chowdhury has consistently demonstrated a passion for guest service, team leadership, and innovative F&B concepts. Mr. Chowdhury holds a Bachelor’s Degree in Hotel Management and Tourism from Annamalai University and has been associated with pre-opening teams, specialty dining establishments, and large-scale banquet operations.

With his expertise and people-first approach, Sourav is set to bring fresh energy and innovation to the hotel’s food and beverage landscape.

Discover Vietnam and beyond with Vietjet’s hot summer deals and baggage allowance up to 20kg

Mumbai, May 15, 2025: Vietjet is kicking off summer 2025 with an exciting promotion, offering millions of tickets from just INR11 plus taxes and fees across its India-Vietnam flight network, and other Vietnam domestic and international routes. The airline is also introducing a variety of special summer perks to enhance the travel experience.

Promotional tickets are available for booking from now until May 18, 2025, via www.vietjetair.com and the Vietjet Air mobile app. These promotional fares are valid for travel between June 1, 2025, and March 28, 2026, making them ideal for summer holidays, autumn getaways, and early 2026 trips.

To make summer travel even more convenient, the airline is offering 20kg of free checked baggage on all flights between India and Vietnam for travellers booking or modifying tickets via official Vietjet channels from now until May 31, 2025. Those flying between Vietnam and Australia will enjoy 40kg of free checked baggage. This offer is valid for travel until July 31, 2025 , perfect for summer holidays and overseas getaways.

Indian travellers can explore Vietnam’s top destinations of Hanoi, Ho Chi Minh City and coastal cities—Phu Quoc, Nha Trang, Da Nang—or venture to vibrant international destinations across the Asia-Pacific region in Australia, Northeast and Southeast Asia.

In addition to the attractive fares, Vietjet is offering a limited-edition summer travel kit, featuring must-have items including bucket hats, bandanas, luggage tags, passport covers, badges, and exclusive souvenirs. For young flyers, Vietjet’s Kid’s Combo offers a special in-flight meal paired with adorable, never-before-seen gifts.

Vietjet invites travelers to embrace the spirit of summer with unforgettable experiences—from vibrant festivals to scenic escapes and exciting urban adventures—made even better with the airline’s modern, fuel-efficient fleet, professional service, and warm, attentive crew.

Vietjet has further strengthened its presence in India by launching two new non-stop routes from Hyderabad and Bengaluru to Ho Chi Minh City, Vietnam’s bustling economic hub. With these additions, Vietjet now operates 10 direct routes between the two countries, offering a total of 78 flights per week—making it the airline with the most comprehensive India–Vietnam network. These routes connect New Delhi, Mumbai, Ahmedabad, Kochi, Hyderabad, and Bengaluru with Vietnam’s key destinations, including Ho Chi Minh City, Hanoi, and Da Nang.

A whole new world, a whole new summer – let’s Vietjet!

G Square Offers Discounts Under ‘Dream Land for Real Heroes’ Scheme

Chennai, 14 May 2025: In an effort to pay tribute to the brave hearts defending our  borders, G Square, the largest player in the plotted development space from Tamil Nadu, has announced an exclusive and flat discount of 15% to all serving and retired personnel of the armed forces. The offer applies on all its premium plots across key cities in South India.

The offer under the ‘Dream Land For Real Heroes Scheme’, can be availed by all serving and ex-servicemen of the Indian Armed Forces. This would include the Army, the Navy and the Air Force. Immediate family members (such as spouse or children) can initiate the purchase process, provided the registration is in their name. Those interested, however, will have to furnish a valid Defence Service ID proof at the time of booking.

Bala Ramajeyam, Founder and Managing Director, G Square Realtors, said, “India’s defence personnel have made great personal sacrifices and dedicated their lives to the nation. Through this ‘Dream Land For Real Heroes Scheme’, we at G Square are proud to enable them to move closer to owning a home, not just as a reward for their service, but as a meaningful investment in their family’s future. This initiative is our small way of honouring the real warriors who fight for our freedom. We hope this empowers them to invest in their dream home with pride and privilege.”

G Square has transformed the plotted development landscape in South India by offering fully developed plots with world-class amenities, clear titles, strategic locations and ready- to-construct infrastructure. Their projects are spread across key cities such as Chennai, Hyderabad, Coimbatore, Madurai, Tirunelveli, Tuticorin, Pollachi, Trichy, Hosur, Mysuru, Ballari, Dindigul, Ambur, Theni, and Udumalpet.

Exhicon Events Media Solutions Ltd. reports bumper results for FY 2024-25

Mumbai, May 14, 2025 – India’s first and only 360° solution provider company for Exhibitions, Tradeshows & Event Management, Exhicon Events Media Solutions Ltd., reported a stellar set of numbers for the financial year ending March 31, 2025. The BSE-listed company, which operates in exhibitions, events and media services sector, has delivered record profitability, solid revenue growth and achieved a debt-free balance sheet.

On a consolidated basis, Exhicon Events Media Solutions Ltd achieved its revenue for FY 202425 jump by more than 62% to Rs 143.51 crore from Rs 88.46 crore in FY 2023-24 while its EBITDA (Earnings Before Interest, Tax, Depreciation and Amortisation) shot up by 74.55% to Rs 35.12 crore from Rs 20.12 crore in the same period, with its EBITDA margin at an impressive 24.48%.

The company’s PAT (Profit After Tax) more than doubled, recording an increase of 113% in FY 202425 to Rs 30.26 crore, from Rs 14.23 crore in FY 2023-25.

On a standalone basis, Exhicon Events Media Solutions Ltd saw its revenue jump over 69% in FY 202425, to Rs 69.67 crore, from Rs 41.18 crore in FY 2023-24 while its PAT, on a standalone basis, nearly doubled to Rs 12.10 crore in FY 202425, from Rs 6.31 crore in FY 2023-24.

Debt-Free Status Achieved
The company also achieved an unparalleled financial milestone in FY 202425 as it became 100% debt-free as of 31st March 2025, further reinforcing its long-term sustainability and readiness for future expansion.

Commenting on the company’s performance, Mr Sushil Shah, CFO, Exhicon Events Media Solutions said: “This has been a breakthrough year for Exhicon with strong growth across all verticals, resulting in higher margins. Moreover, our clean and debt-free balance sheet demonstrates the resilience and scalability of our business model. We are now well-positioned for aggressive but sustainable growth.”

Future Outlook
With a robust pipeline, strong demand for integrated event solutions, and a debt-free status, Exhicon is set to accelerate its domestic and international expansion while maximizing shareholder value. The company last month also approved a strategic capital outlay of Rs 50 crore for the design, development and deployment of temporary and semi-permanent event structures. This will be used to procure and commission semi-permanent modular event venues, large-span hangars and super structures, indoor pre-fab maxima and octanorm systems, portable hospitality suites, rest rooms, box offices and registration arenas, and modular staging and rigging solutions.