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Billion Dollar Valuations & Billion Dollar AUM’s on the court, at Bertelsmann Badminton Championship 2024

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Billion Dollar Valuations & Billion Dollar AUM’s on the court

Bangalore, August 2nd, 2024 – The 6th Annual Bertelsmann India Investments (BII) Badminton Championship held at the Prakash Padukone Badminton Academy brought together venture capitalists and startups in a lively mix of competition and collaboration, gathering some of the most influential minds in the VC ecosystem with a combined portfolio valuation exceeding billions of dollars.

Top investment funds like Ascent Capital, Lightspeed Venture Partners, Stellaris, Avendus, IndigoEdge, Kalaari, and others participated in the event. It wasn’t just about athletic prowess; it was a strategic blend of business and leisure, providing a unique platform for networking. Industry leaders connected in a relaxed yet stimulating environment, exploring new sectors and innovative startups. With so many leading investors under one roof, discussions about the future of India’s startup ecosystem highlighted the potential for groundbreaking ideas and collaborations.

Rohit Sood, Partner at Bertelsmann India Investments, remarked: “The remarkable growth of our tournament over the years is a testament to our unwavering commitment to nurturing a thriving startup ecosystem in India. We believe that physical fitness and a healthy work-life balance are fundamental to the success of any organization. This championship not only embodies these values but also reinforces our dedication to promoting them within the venture capital community. At Bertelsmann India Investments, we are proud to support initiatives that encourage collaboration, innovation, and well-being.”

The event was not only a showcase of sportsmanship but also a chance for VCs to unwind while discussing potential investments and industry trends. Camaraderie and friendly competition underscored the spirit of collaboration and community within the investment world.

Kitty Agarwal, Info Edge Ventures: “Participating in the Bertelsmann India Investments Badminton Championship has been a refreshing break from the usual work environment. It’s a 10/10 experience where informal interactions can spark new investments and collaborations, emphasizing fun and camaraderie over competition.”

Akshay Ghulati – Shiprocket: “It’s been a phenomenal experience. This event sparked my interest in badminton and has fostered meaningful connections. The relaxed atmosphere allows for open, candid conversations with fellow founders and VCs, leading to insightful discussions about our journeys, challenges, and the evolving business landscape.”

In a fun twist, BII unveiled a rap song dedicated to the championship. The catchy track celebrated the blend of sportsmanship and investment acumen, adding a unique cultural touch to the event. Beyond the games, panel discussions and fireside chats featured VCs sharing their insights on market trends and investment strategies, offering valuable perspectives on the future landscape of venture capital.

Chef Manu Chandra, often called the Massimo Bottura of Bangalore, trained at the Culinary Institute of America, mentored by Daniel Boulud and Eric Ripert. Featured on BBC, he is celebrated for restaurants like Toast & Tonic and bespoke catering at events like Cannes and Davos. He was present at the championship, showcasing his culinary expertise.

The 6th Annual Bertelsmann India Investments Badminton Championship was a testament to the synergy between sports and business, setting the stage for even more impactful gatherings in the future. The winners of the tournament were Sameer Innoven from Capital and Berry Singh, founder of Ace Turtle.

To view the rap song of BBC 2024 click here: https://youtu.be/BZM0goXJ0ks

About Bertelsmann India Investments (BII):

About Bertelsmann India Investments: Established in 2012, Bertelsmann India Investments (BII) is a sector-agnostic venture capital fund. BII is part of Bertelsmann Investments, which has so far invested more than $1.06 billion. With a focus on early growth stage investments in tech-driven start-ups (Series A to D), BII has established a strong reputation for investing in disruptive sectors such as health tech, fintech, agri-tech, and enterprise tech. With a decade of success, BII’s investments in companies like Shiprocket, Eruditus, and Licious have transformed them into unicorns. As balance sheet investors with an evergreen fund, BII believes in forging long-term strategic partnerships. Recently closing our $500 million fund, we lead funding rounds with an initial investment ranging from $5 to $20 million, with the potential to invest up to $40 million throughout a startup’s lifecycle. BII remains dedicated to identifying young, tech-enabled, mission-driven, and sustainable businesses, committed to providing long-term support to its portfolio companies.

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 PNB Housing Finance Continues to Celebrate Women’s Inspiring Journeys with ‘AchievHer 2.0

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PNB Housing Finance Continues to Celebrate Women’s Inspiring Journeys with ‘AchievHer 2.0’

PNB Housing Finance, one of India’s largest housing finance companies, launched the second edition of its inspirational series— ‘AchievHer 2.0’, reinforcing its commitment to diversity, empowerment, and inclusion. Building on the success of the previous edition, this initiative continues to throw the spotlight on the remarkable journeys of women within the organization, recognizing their resilience, dedication, and leadership across the organization.

‘AchievHer 2.0’ is an extension of the company’s ‘Aikyam’ initiative, a people-first initiative designed to foster a culture of inclusivity and empowerment. Through a compelling video series, the campaign delves into the personal and professional journeys of its female employees, capturing special moments of their achievements, challenges, learnings and growth. PNB Housing Finance remains committed to creating a supportive and thriving workplace, where women are encouraged to break barriers and excel in their respective fields.

Commenting on the initiative, Mr. Girish Kousgi, MD & CEO, PNB Housing Finance, said, “The success of ‘AchievHer’ last year reaffirmed our belief in the power of storytelling. With ‘AchievHer 2.0,’ we are once again celebrating the inspiring journeys of our female employees, who embody determination and excellence. At PNB Housing Finance, we are dedicated to fostering an inclusive culture where every individual, irrespective of gender, can thrive and lead by example.”

Watch the AchievHer 2.0 teaser here: https://www.youtube.com/watch?v=teYsnKwFs8Y

About PNB Housing Finance

PNB Housing Finance Limited (PNB Housing) is a registered housing finance company with National Housing Bank (NHB). It was incorporated under the Companies Act, 1956 and commenced its operations on November 11, 1988. PNB Housing is promoted by Punjab National Bank (PNB). The Company came out with a public issue of equity shares in November 2016. Its equity shares are listed on National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) with effect from 7th November 2016. With over three decades of specialised experience in housing finance, PNB Housing has a robust network of branches spread across the country which help its customers avail financial services (loans and deposits) seamlessly. PNB Housing provides housing loans to individuals and corporate bodies for purchase, construction, repair and upgradation of houses. It also provides loans for commercial space, loan against property and loan for purchase of residential plots.

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Women’s Day Events & Empowering Women Entrepreneurs in India

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Ingternational Women's Day 2025

Women Empowerment: A Path to Progress

Women’s empowerment is crucial for building an inclusive and progressive society. It involves equal rights, education, financial independence, and leadership opportunities. Empowered women significantly contribute to economic growth, innovation, and social transformation.

In recent years, women entrepreneurs have emerged as powerful changemakers, leading businesses in technology, fashion, healthcare, and finance. Government initiatives such as Startup India, Stand-Up India, and Mudra Yojana have played a pivotal role in supporting women-led businesses by providing financial and technical assistance.

Despite these advancements, women still face challenges like funding gaps, gender bias, and limited networking opportunities. Organizations and incubators dedicated to women’s entrepreneurship have been instrumental in overcoming these barriers. Successful women like Kiran Mazumdar-Shaw (Biocon), Falguni Nayar (Nykaa), and Vandana Luthra (VLCC) have paved the way for future generations.

International Women’s Day 2025: Celebrating Women’s Achievements

International Women’s Day, celebrated on March 8, highlights the achievements of women while emphasizing the need for gender equality. Events and activities across India bring attention to both progress and challenges women continue to face.

Upcoming Women’s Day Events in India – March 8, 2025

International Women’s Day 2025 will be marked by various events and initiatives across India, focusing on women’s empowerment, leadership, and gender equality. Here are some key celebrations expected to take place:

1. Leadership & Business Conferences

Several business forums and industry groups will organize panel discussions, networking sessions, and mentorship programs to support women in entrepreneurship and corporate leadership. These events will provide insights into women-led startups, investment opportunities, and policy discussions on gender diversity in workplaces.

2. Cultural and Awareness Programs

Across major cities, various marches, rallies, and cultural performances will highlight women’s achievements and raise awareness about ongoing gender-related challenges. Educational institutions and community groups will host workshops on financial independence, career growth, and legal rights to empower women across different sectors.

3. Women’s Health and Wellness Campaigns

Healthcare organizations and wellness centers will conduct free medical check-ups, self-defense training sessions, and mental health awareness programs. These initiatives will focus on women’s physical, emotional, and financial well-being, promoting a holistic approach to empowerment.

4. Special Initiatives and Government Programs

The government is expected to introduce new schemes, awards, and initiatives that support women’s education, employment, and entrepreneurship. Various events will recognize exceptional women achievers in diverse fields, encouraging more women to break barriers and excel.

5. Community and Social Media Campaigns

Several online campaigns will celebrate inspirational women, success stories, and impactful social initiatives. Organizations will encourage people to participate by sharing motivational messages, personal stories, and appreciation posts for the remarkable women in their lives.

How to Participate?

  • Attend conferences, panel discussions, or leadership summits.
  • Join community events, workshops, or awareness drives in your city.
  • Support women-led businesses and initiatives.
  • Spread awareness by sharing inspirational messages and stories.

Women’s Day 2025 will serve as a powerful platform to honor achievements, address challenges, and promote gender equality in all aspects of society.

How to Celebrate Women’s Day?

  • Attend women empowerment events and conferences.
  • Support women-led businesses and initiatives.
  • Share motivational messages and greetings with women who inspire you.

With continuous efforts, education, policy reforms, and community support, the future of women empowerment and entrepreneurship in India looks promising.

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Ramadan 2025: Start Date, Moon Sighting & Fasting Timings

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Ramadan Start Date

Ramadan 2025 is expected to start on March 1, contingent upon the moon sighting on February 28. Muslim communities in Saudi Arabia, the UAE, India, and Pakistan will determine the start based on the crescent moon’s visibility. The exact commencement might align globally or vary slightly.

Ramadan, the ninth month of the Islamic lunar calendar, is a period of profound spiritual reflection, fasting, prayer, and community for Muslims worldwide. In 2025, Ramadan is anticipated to commence on March 1, contingent upon the sighting of the crescent moon. This article delves into the expected start dates and timings for Ramadan 2025 in Saudi Arabia, India, the United Arab Emirates (UAE), Pakistan, and other regions globally.

Significance of Moon Sighting in Ramadan

The Islamic calendar is lunar-based, with each month beginning upon the sighting of the new crescent moon. This practice renders the start of Ramadan variable each year, typically advancing by approximately ten days annually in the Gregorian calendar. The sighting of the moon is a pivotal event, as it dictates the commencement of fasting and other religious observances associated with Ramadan.

The Importance of Moon Sighting in Ramadan.

The Islamic calendar is based on the lunar cycle, meaning that months begin with the first sighting of the new crescent moon. Unlike the fixed Gregorian calendar, which follows the solar cycle, Islamic months shift by approximately 10 days each year.

To determine the start of Ramadan 2025, Islamic scholars and religious authorities across different countries will rely on astronomical calculations and physical moon sightings. This tradition ensures a unified start to the holy month, though different locations may observe Ramadan on slightly different days due to geographical and atmospheric variations.

Expected Start Date of Ramadan 2025 in Different Countries

While the exact date depends on moon sighting reports, here are the expected start dates for Ramadan 2025 in various regions:

Saudi Arabia & UAE— Expected start: March 1, 2025

India & Pakistan— Expected start: March 2, 2025 (due to moon sighting delays).

USA & Canada— Expected start: March 1, 2025.

UK & Europe— Expected start: March 1, 2025.

Note: These dates are subject to change based on official moon sighting announcements in each country.

How Muslims Observe Ramadan.

During Ramadan, Muslims engage in fasting (Sawm) from sunrise (Suhoor) to sunset (Iftar). The daily fast is broken with dates and water, followed by a wholesome meal. Taraweeh prayers, nightly recitations of the Quran, and acts of charity (Zakat and Sadaqah) are also emphasized throughout the month.

Many communities organize Iftar gatherings, strengthening the bonds of faith and unity. Special prayers, Laylat al-Qadr (the Night of Power), and increased devotion in the last ten nights of Ramadan hold great significance for believers.

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