Events

Aligned with its core value of “deep care”

Published

2 years ago

November 12, 2022

Admin

Clix Capital collaborates

with HelpAge India, Muskaan, & I am Gurgaon

Clix Capital, a leading non-banking financial services group with a significant pan-India presence, today announced its collaboration with ‘HelpAge India’, ‘Muskaan’, and ‘I am Gurgaon’ for its Corporate Social Responsibility (CSR) initiatives. This is keeping in line with the company’s core value of “deep care” and its responsibility towards healthcare, the environment, and the education of society.

Rakesh Kaul, CEO-Clix Capital, commented, “Corporate social responsibility is ingrained in Clix Capital’s DNA and as a result our core products are aligned towards serving the healthcare and education sectors in a big way. Along with fulfilling our corporate objectives, our innovative products provide financing to medical facilities, diagnostic centres, schools, and other educational institutions in remotest of the areas so that the benefits can reach the masses. We are constantly strengthening our commitment to helping the environment and the society by addressing their financial requirements through each of these relationships.”

“Our collaboration with HelpAge India’s Mobile Healthcare Unit (MHU) program will help to provide primary healthcare services to elderly people in need who are suffering from chronic diseases. Similar to this, through our collaboration with ‘I am Gurgaon’, we intend to contribute to the larger cause of environmental protection by enhancing green coverage and re-establishing natural ecosystem. With Muskaan, we are extending our support to adults with intellectual disabilities by providing an access to vocational trainings and employment prospects,” he added.

Clix will assist HelpAge India in its mission to offer free medical care, necessary medications, and basic hygiene education. The programme will also assist with home visits for the bedridden and recommendations to nearby secondary and tertiary healthcare specialists for higher-order treatment. The goal of Clix is to support about 1,500 distinct beneficiaries (including chronic patients) and deliver around 15,000 treatments each year.

Speaking on the collaboration Dr. Ritu Rana, Mission Head, Healthcare, HelpAge India, says. “Access to healthcare for the elderly in India, has become an urgent need especially post the pandemic, where elders were identified as one of the most vulnerable groups. Unfortunately, affordability, distance and physical frailty often prevents poor elders especially those living in remote locations get access to even basic healthcare. Through our Mobile Healthcare Unit program, we hope to address this growing need. The generous support from Clix Capital is a welcome addition to our fleet of 168 MHUs spread across the country and will be instrumental to bridge this gap.”

In conjunction with ‘I am Gurgaon’, Clix Capital will seek to protect the environment by planting trees in deforested areas and reestablishing natural ecosystems that have been devastated by unplanned development. Due to the UN designating this decade as the “Decade of Restoration”, this project is significant on a global scale. Clix will also promote environmental awareness through public art displays in the city.

“We are thankful to corporates like Clix who are making a difference to the city with their involvement in providing funds and employee engagements,” stated Ms. Latika Thukral, Co-Founder, I Am Gurgaon, in reference to the partnership with Clix.

In collaboration with Muskaan, Clix Capital will support the provision of education, training, and employment opportunities for adults with intellectual disabilities in order to help them become self-sufficient. Muskaan – PAEPID, an organisation founded in 1982 by Parents & Professionals for the empowerment of Persons with Intellectual Disability. With their innovative work in the area of providing direction and extensive support to people with intellectual disabilities by giving them access to vocational training and employment opportunities, assisted living facilities, family support services, awareness creation, and advocacy. They become a successful rehabilitation paradigm both domestically and abroad and Clix’s association would further widen the ambit of care to the community.

Neera Chawla, Director, Muskaan-PAEPID mentioned, “We are excited about this new collaboration with Clix Capital, for supporting us in our endeavour to empower persons with Intellectual Disabilities. We are pleased to see the enthusiasm and initiative on the part of the senior management at Clix Capital in identifying diverse ways of adding value to the mission of Muskaan-PAEPID. We hope this relationship grows further and aids in bringing a positive change in the larger society.”

About Clix Capital

Clix Capital is a new age NBFC revolutionizing the lending space by offering differentiated digital lending products driven by technology and deep analytics. Its range of lending products to a varied spectrum of customers across the MSME and consumer segment includes personal loans, MSME loans, healthcare loans, and mortgage finance.

Co-founded by industry veterans Mr. Pramod Bhasin and Mr. Anil Chawla, Clix is backed by private equity fund AION Capital Partners Limited (an affiliate of Apollo Global Management, LLC – one of the largest alternate investment managers globally with an AUM of $513 billion). Mr. Bhasin is the founder of Genpact and the former CEO of GE Capital India and Asia while Mr. Chawla has been the former CEO of GE Capital India and Asia’s Commercial Finance Business.

Together, Mr. Bhasin, Mr. Chawla, and AION jointly acquired the commercial lending and leasing business of GE Capital India in September 2016 and rechristened it as Clix Capital, and has disbursed more than INR 15,000 crores since then.

Events

Support the Northern Command of the Indian Army with 7 ALS ambulances

Published

4 days ago

September 4, 2024

Neha Tyagi

PNB Housing Finance and Rotary Club of Pune NIBM Extend ‘Sanjeevani’ for Bravehearts of the Indian Army with Advanced Life Support Ambulances

Wednesday, 4 September, 2024: PNB Housing Finance, through its CSR arm Pehel Foundation, has taken a significant step in supporting the nation’s bravehearts by providing 7 ALS (Advanced Life Support) ambulances to the Northern Command of the Indian Army. In a heartfelt tribute to the relentless services and sacrifices of the nation’s soldiers, the Company collaborated with the Rotary Club of Pune NIBM Charitable Trust for a new initiative ‘Sanjeevani’. As India celebrates its 78^th Independence Day, this gesture stands as a reminder of the unyielding spirit of our Armed Forces and the importance of supporting their unwavering commitment to the country.

The Northern Command, operating in the sensitive regions of Jammu & Kashmir, Leh, Ladakh and Siachen, faces immense challenges in managing medical emergencies under extreme and diverse weather conditions. This fleet of state-of-the-art ALS ambulances will enable timely and effective evacuation of wounded soldiers and civilians, ensuring they receive advanced medical care swiftly. PNB Housing Finance remains dedicated to its mission of giving back to the community and supporting those who safeguard the nation.

Mr. Girish Kousgi, MD & CEO of PNB Housing Finance, said, “The nation’s soldiers in the Northern Command operate in some of the most challenging terrain, where access to timely medical care is extremely crucial. Our initiative ‘Sanjeevani’ embodies our deep respect for the Indian Army and the bravehearts who sacrifice their lives for the country. We are proud that together with the Rotary Club of Pune NIBM Charitable Trust, we will be able to help enhance the region’s emergency medical facilities and ensure that our brave soldiers and civilians receive the highest level of care.”

Rtn. Ajit Walimbe, Chairman of the Rotary Club of Pune NIBM Charitable Trust added, “It’s an honour to collaborate with PNB Housing Finance on this vital initiative. These ALS ambulances will be a crucial resource for the Northern Command, ensuring our soldiers and civilians receive the best possible medical care in the quickest time.”

The ambulances were handed over to the Army base in a special ceremony where key dignitaries from the Northern Command, PNB Housing Finance and Rotary Club of Pune NIBM Charitable Trust were present.

About PNB Housing Finance Limited

PNB Housing Finance Limited (NSE: PNBHOUSING, BSE: 540173) is promoted by Punjab National Bank and is a registered Housing Finance Company with National Housing Bank (NHB). The Company was listed on the Indian stock exchanges on 07 November 2016. The Company’s asset base comprises retail loans and corporate loans. The retail business focuses on organized mass housing segment financing for the acquisition or construction of houses. In addition, it also provides loans against properties and loans for the purchase & construction of non-residential premises. Corporate loans are mainly to developers for the construction of residential/commercial properties, corporate term loans and lease rental discounting. PNB Housing Finance is a deposit-taking Housing Finance Company.

Events

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

Published

1 month ago

August 2, 2024

Neha Tyagi

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.

Art

Spend a Cultural Afternoon at the Aguad Port & Jail Complex

Published

1 month ago

July 29, 2024

Neha Tyagi

Spend a Cultural Afternoon at the Aguad Port & Jail Complex

July 2024, Goa: Located in Candolim, Aguad Port & Jail Complex has experienced a spectacular metamorphosis into a vibrant historical and culture centre, emerging as a clear venue winner to spend a day at, especially during the monsoons.

The premises play host to an array of art and culture exhibits, some housed within erstwhile jail cells, that comprehensively capture Goa’s history. Reached through a distinctive shoreline and pier, (weather permitting) Aguad is a fusion of modern and historical elements, such as a state-of-the-art digital museum, the Aguad Interactive Museum (AIM) that comprehensively captures stories of Goa – the land and the people. There are also three curated exhibitions on display at Aguad – ‘Indian Fashion, Timeless Elegance’ – which celebrates intricate craftsmanship, ‘Sahita Chitravali’, where the worlds of literature and art blend, and ‘Kamal’ – which connects visitors with India’s culturally versatile flower, the lotus.

In what was once the kaal kothri of the jail complex now stands a plush documentary screening theatre, the immersive Aguad Cinema, that runs films on the forts of Goa and the freedom struggle daily. For those interested in a deep-dive into history, there are heritage walks conducted daily (weather permitting) through the complex.

There is no shortage of events either, at this versatile venue. From jazz festivals and fetes, to art exhibitions and fashion shows, the picturesque setting of the iconic Port & Jail Complex has been abuzz with a plethora of events, especially in the months leading up to Christmas. Locals and tourists alike get a novel experience each time they visit Aguad. There are also varied workshops, from learning Warli and rock art, to self-development ones, that are hosted at Aguad during the monsoons.

Over and above the museum and exhibits, Aguad has several dining options to choose from, from coffee shops to bistros. All in all, the venue serves as a one-stop shop for all creative expressions, with their gates open daily from 10:00 AM up to 8:00 PM, allowing you to spend the better part of your day there while giving you a cultural experience unlike any other.

ABOUT AGUAD –

Located in Candolim, Goa is Aguad at the base of Sinquerim Hill, a 400-year-old Portuguese Jail Complex with a state-of-the-art museum, the Aguad Interactive Museum (AIM), a unique showcase of Goa’s rich cultural heritage. Aguad, a contemporary hub from time to time hosts historic and cultural exhibits. Aguad is home to a plethora of F&B joints to suit every palate and pocket. Restaurants like Black Sheep Bistro, Motley Brew, Namaste Chai and D-Sailor with expansive views of Mandovi Bay and the Arabian Sea have their doors opened to welcome folks to the refurbished contemporary hub.