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  • Foxconn Subsidiary to Boost AirPods Production with Major Manufacturing Line Overhaul

    As it ramps up production of Apple AirPods, Foxconn Interconnect Technology (FIT), Hyderabad, a fully owned subsidiary of Taiwanese contract maker Foxconn, plans to increase its workforce and production lines over the course of the next six to eight months, as reported by ET.

    In April, the Kongara Kalan factory started producing AirPods on a commercial basis. As Foxconn expands its business outside of China, it is moving machinery out of its plants in Vietnam.

    In order to meet global demand, FIT plans to modernise five current production lines to create new AirPods models. According to the sources, FIT Hyderabad’s planned capacity will increase from the current projection of over 100,000 AirPods each month to 200,000.

    Apple Growing its Manufacturing Nexus in India

    The growth is consistent with Apple’s expanding domestic manufacturing ecosystem. In the first half of this fiscal year, Apple exported a record $10 billion worth of iPhones from India, up 75% from $5.71 billion in the same period last year, according to an October 8 ET story.

    According to the ET article, the FIT plant presently employs about 2,000 people, and in the next six to eight months, that number is expected to rise to 5,000. A lack of dysprosium, a direct outcome of China’s crackdown on the export of rare earth metals, has impeded the production of Apple’s AirPods at FIT’s Telangana factory, according to an ET story from July.

    When Beijing loosened export restrictions on essential minerals and rare earth metals in August, the bottleneck was lessened. The most recent models are the AirPods Pro 3, which were released in September of this year, and the AirPods 4, which were released in September of last year.

    FIT’s Hyderabad Factory and its Operations

    In addition to components like cables and connectors for many brands, FIT produces wearables like AirPods. The village of Kongara Kalan, located 15 km from the Hyderabad airport, is a part of a broader plan to increase the company’s production capacity and offer goods like true wireless stereo (TWS) earbuds to the Indian local market as well as the US and Europe.

    With the construction of the facility, the business established a new production hub for audio devices in India. A strategic strategy to diversify electronics manufacturing and create a more robust supply chain, particularly in new priority areas, is the investment in the Hyderabad factory.

    In order to serve its worldwide activities, FIT has been investing in new facilities in Vietnam for at least 16 years. Foxconn’s larger plan to diversify its supply chain and lessen its reliance on China includes the growth in Vietnam.

    Quicks Shots

    •FIT
    Hyderabad plans to upgrade five production lines to boost output of AirPods.

    •Monthly
    production set to rise from 100,000 to 200,000 units within six to eight
    months.

    •FIT
    Hyderabad workforce to grow from 2,000 to 5,000 employees to support ramp-up.

    Kongara Kalan plant, operational
    since April, produces AirPods and TWS earbuds for India, US, and Europe.

  • Google Signs 617,000 Sq Ft Office Lease at Gurugram’s Atrium Place, Expanding its Indian Presence

    The Economic Times reported that Google, a prominent US tech company, has leased over 617,000 square feet of office space at Atrium Place in Gurugram, one of the biggest office space agreements of 2025. The building, which was created in collaboration with DLF and Hines, represents Google’s ongoing foray into the corporate real estate sector in India.

    The deal is a component of Google’s long-term strategy to increase its footprint in the National Capital Region (NCR), even if the lease’s terms and financials are still unknown. The most recent agreement was reached months after the business leased 550,000 square feet from Table Space, a managed office provider in another commercial facility in Gurugram.

    India a Hot Spot for Google as it Renews Bangaluru Office Lease

    Google IT Services India extended its office lease at Bengaluru’s Bagmane Capital Business Park for a further five years in May 2025, paying INR 90 crore a year. The 870,000 square foot workspace is spread between two towers, Kyoto East and Kyoto West, and is next to Google Ananta, the company’s largest campus in India, which can accommodate 5,000 workers. Propstack records state that Google will pay INR 7.5 crore in rent each month, or INR 86.25 per square foot. Additionally, a total of INR 38 crore has been deposited as security, divided between the two towers.

    Google Also Renews Mumbai’s BKC Lease

    Google Cloud and Google India extended their office leases at the First International Financial Centre (FIFC) in Mumbai’s Bandra-Kurla Complex (BKC), one of the priciest corporate districts in India, in February 2025. The Mumbai contract, according to the property records Square Yards examined, spans two floors and 110,980 square feet. The monthly rent is INR 3.55 crore, and the lease will be in effect for five years beginning in June 2025. After three years, there is a 15% rent increase clause in the agreement. Google paid a security deposit of INR 9.64 crore, stamp duty of INR 1.87 crore, and registration fees of INR 30,000.

    Quick Shots

    •Google
    leases 617,000 sq ft at Atrium Place, one of the largest office deals in
    2025.

    •Atrium
    Place developed by DLF and Hines; part of Google’s strategy to grow its NCR
    footprint.

    •Google
    had earlier leased 550,000 sq ft from Table Space in Gurugram.

    •Mumbai
    lease includes INR 3.55 crore/month rent, INR 9.64 crore security deposit,
    and stamp duty of INR 1.87 crore.

    Google is strengthening its
    presence in key Indian metros—Gurugram, Bengaluru, and Mumbai.

  • Reliance Officially Launches AI Joint Venture with Facebook to Drive Next-Gen Tech Innovation

    On October 25, Reliance Industries declared that Reliance Intelligence Limited, its wholly owned subsidiary, has formed a new business, Reliance Enterprise Intelligence Limited (REIL), as part of a joint venture with Facebook’s Indian division.

     The unit, which will concentrate on creating, promoting, and disseminating enterprise AI services, has received an initial combined investment of about INR 855 crore from the businesses run by Mark Zuckerberg and Mukesh Ambani.

    Facebook Overseas, Inc., a fully owned subsidiary of Meta Platforms Inc., will own the remaining 30% of REIL, with Reliance Intelligence holding the remaining 70%. Additionally, RIL’s AI division will contribute INR 2 crore to the inaugural 20 million equity share purchase at INR 10 per share.

    REIL’s Incorporation Doesn’t Require Any Regulatory Approval

    The filing states that none of the promoters, the promoter group, or the group companies of Reliance Industries have any stake in the transaction and that the incorporation of REIL does not qualify as a related party transaction. Additionally, the filing stated that the incorporation of REIL did not require any regulatory or governmental clearances.

    The partnership, which was first revealed at RIL’s Annual General Meeting in August, would provide AI solutions for a variety of industries by combining Reliance’s enterprise reach with Meta’s open-source Llama models. This collaboration will concentrate on two primary products: a portfolio of pre-configured solutions for sectors including sales, marketing, IT operations, customer support, and finance, and an enterprise AI platform-as-a-service that allows businesses to design and implement generative AI models.

    Reliance will make use of its digital infrastructure and access to thousands of Indian small and enterprise firms, while Meta will contribute its technological know-how in creating Llama-based models. With a focus on reducing total cost of ownership, the solutions will be deployable in cloud, on-premises, and hybrid settings.

    RIL and its Operations

    RIL is the biggest private sector enterprise in India. Hydrocarbon production and exploration, petroleum refining and marketing, petrochemicals, advanced materials and composites, renewables (hydrogen and solar), retail, and digital services are all included in its operations. With a 9.94% increase in operating revenue to INR 2,58,898 crore in Q2 FY26 compared to Q2 FY25, RIL’s consolidated net profit soared 9.54% to INR 18,165 crore.

    Quick Shots

    •Reliance
    Industries announces incorporation of REIL, a joint venture with Facebook’s
    Indian arm.

    •The
    JV has received an initial investment of INR 855 crore — Reliance holds 70%,
    Meta (via Facebook Overseas Inc.) owns 30%.

    •Incorporation
    of REIL does not require any government or regulatory clearances and is not a
    related party transaction.

    •REIL
    will develop, promote, and deliver enterprise AI services for sectors like
    sales, marketing, IT, customer support, and finance.

    •Includes
    a portfolio of pre-configured AI solutions and an enterprise AI
    platform-as-a-service for building generative AI models.

  • LIC Dismisses Washington Post Report Alleging $3.9 Billion Investment in Adani Group

    The Washington Post reported on 25 October that Indian officials allegedly droughted and approved a plan in May to redirect approximately $3.9 billion in investments from the state-owned insurer to Adani Group enterprises. The Life Insurance Corporation of India (LIC) refuted the claims.

    The claims were deemed “false” by LIC. In a statement, LIC said that the alleged remarks in the article seemed to have been made with the objective to “tarnish the reputation and image” of LIC and the solid financial sector foundations in India, as well as to “prejudice” the company’s established decision-making process.

    According to LIC’s official response, the Washington Post’s accusations that LIC’s investment selections are impacted by outside forces are untrue, unfounded, and far from accurate. The report claims that LIC has never created a plan or document that lays out a strategy for LIC to invest money in the Adani group of firms.

    Investment was Made as per Board Approved Policy: LIC

    The group stated that LIC independently makes investment decisions in accordance with board-approved regulations following thorough due diligence. Such judgements are not made by the Department of Financial Services or any other organisation.

    According to LIC, it has made sure that the “highest standards of due diligence” have been followed and that all of its investment decisions have been made in the best interests of all of its stakeholders by adhering to current policies, act provisions, and regulatory requirements. The $570 million LIC investment in Adani Ports & SEZ (APSEZ), which has the highest ‘AAA’ credit rating in India, was also highlighted in the report.

    The Adani Group was under investigation and dealing with a mountain of debt at the time in the United States. LIC also has a sizable amount of corporate debt and government bonds. It spreads risk through a broadly diversified portfolio.

    Less than 2% of LIC’s total debt is held by the Adani group, which is led by Gautam Adani, the second-richest man in India. Global confidence in the firm is shown in the recent investments made in Adani debt by international investors such as Germany’s second-biggest bank, DZ Bank, and Japan’s major banks, Mizuho and MUFG, as well as the US’s largest funds, BlackRock and Apollo.

    Response from Adani Group

    In reaction to the Washington Post article, the Adani Group stated that it vehemently denies any role in any purported government schemes to allocate LIC funding. The organisation also disclosed that LIC makes investments in a variety of corporate companies; therefore, it is false to imply that Adani receives preferential treatment. Additionally, LIC has profited from its investment in our portfolio. The business stated that “our growth predates PM Modi’s national leadership” and that claims of excessive political favour are baseless.

    Quick Shots

    •LIC
    rejects The Washington Post’s claim of a $3.9 billion investment plan for
    Adani Group.

    •Terms
    the allegations “false” and intended to “tarnish” its reputation and India’s
    financial system.

    •LIC
    asserts investment decisions are made independently, not influenced by any
    government department.

    Adani Group denies any link to
    government plans involving LIC funds; says LIC invests across multiple
    companies.

  • Top AI Tools for Making Invitation Cards

    It is fun and very easy to design by using AI tools like invitation card makers. Smart templates, drag-and-drop, and ready-made stylistic suggestions make this fun. Fast editing of colors, fonts, and images is also available. Some tools even add event details or match those from a certain photo. Also, layouts can be repaired, and print-ready files provided for those invite-making emergencies. You can easily make invitations for weddings, birthdays, or business events in a couple of minutes. Short and clear messages for any mood are also given by AI nowadays.

    AI Invitation Tools — Quick Comparison (Jumplinks)
    Tool Unique Features / Strengths Limitations / Considerations
    MolyPix.AI Layered graphics and fully editable components; Brand Kit for consistent branding; starts with free trial credits for testing. Limited free credits; strict image and copyright guidelines to follow.
    Canva Magic Design AI that auto-generates layouts; real-time collaboration; extensive template and asset library; supports animations and multimedia. Cannot export to PSD/vector formats; free plan limits storage and brand controls.
    Adobe Express Adobe Firefly AI features (background removal, intelligent resizing); cloud sync and Brand Kit for teams; fast print-ready outputs. Templates can feel generic; not aimed at advanced video/animation production.
    Designs.ai All-in-one creative suite (design, video, logo, voiceovers); fast end-to-end workflow suited for multi-user/enterprise use. Advanced features often behind paid tiers; some exports require upgrades.
    Greetings Island Built-in RSVP and guest-management features; Magic Photo personalization from uploads; easy sharing and event tracking. Occasional site reliability issues; less powerful for pro-level complex designs.
    Venngage AI branding automation (colors, logos, fonts); icon/image generation and accessibility features; team collaboration tools. Interface can be tricky for first-time users; no phone support available.
    Imagine.Art High-end text-to-image and text-to-video capabilities; motion transfer and character builder; node-based workflows for advanced creatives. Most powerful features are paid; multi-studio workflows can be complex for beginners.
    Fotor Large template library (600+); free high-resolution downloads (no watermark) on basic plan; mobile-friendly editing and fast social outputs. Ads in free plan; lacks advanced project/workflow tools for pros.
    Visme Generates layouts/images from files/URLs; supports interactivity and personalization; strong for data-rich and animated invites. Free version adds watermark; limited font/asset selection on lower tiers and performance lag on large projects.

    MolyPix.AI

    Website molypix.ai
    Rating 4.5
    Free Trial Yes
    Best For AI-powered graphic design: text-to-design, editable layered visuals for marketing & creators
    MolyPix.AI - AI Tools for Making Invitation Cards
    MolyPix.AI – AI Tools for Making Invitation Cards

    MolyPix.AI is the best AI tool for creating invitation cards. Just a few words, and you can create beautiful, editable designs. Its intelligent AI produces layered graphics, adjusts layouts, and lets every component be edited easily. There is no need for design skills; you can just elaborate on what you want and get unique invites fast. Templates are available for any event or theme. The Brand Kit keeps your logo and colors consistent automatically. You will begin with 20 free credits to try all the features. MolyPix.AI saves time, inspires creativity.

    Pros

    • Fully editable designs 
    • Instantly download high-res files straightaway.
    • Brand Kit saves time on multiple branding efforts. 

    Cons

    • Fewer free credits are offered
    • Image and copyright guidelines must be strictly adhered to. 

    Pricing

    Plan Pricing
    Starter $5
    Pro $20/month
    Ultimate $70/month

    Canva

    Website canva.com
    Rating 4.7
    Free Trial Yes
    Best For Designing graphics, presentations, social posts, videos, and documents with AI-assisted templates
    Canva - AI Tools for Making Invitation Cards
    Canva – AI Tools for Making Invitation Cards

    Canva has well established itself as a leading artificial intelligence-based tool for invitation card generation. It boasts many professional templates and smart features that can turn concepts into print-ready invites in minutes. Using tools such as Magic Design, users can start from a brief prompt or image, and Canva will set layouts, fonts, and art for the occasion, from weddings to business product launches. This drag-and-drop editor is user-friendly, and customization is unlimited-upload photos, change colors, add animations, etc. Canva is quickly becoming the fun and creative way of designing, with instant printing and sharing options.

    Pros

    • Beginner-friendly drag-and-drop intuitive editors. 
    • A tremendous variety of templates, images, and fonts. 
    • Collaborate in real-time, so it can be used for families or work teams. 

    Cons

    • Export to PSD or full vector is not provided
    • The free plan has restrictions on storage and brand controls.

    Pricing

    Plan Pricing
    Canva $15/month
    Canva Teams $10/month/person
    Canva Enterprise Custom

    Adobe Express

    Website adobe.com/express
    Rating 4.6
    Free Trial Yes
    Best For Quick and professional content creation — posters, videos, social posts, and brand kits with Adobe’s AI & templates
    Adobe Express - AI Tools for Making Invitation Cards
    Adobe Express – AI Tools for Making Invitation Cards

    Adobe Express is a great AI tool for creating cards of invitation. With a very easy drag-and-drop editor along with richly designed templates and very smart tools powered by Adobe Firefly AI, you can easily design wedding, birthday, or business invites on the Web or your phone. Begin with a blank slate or remix a template. Change colors and fonts and use images from Adobe Stock. You can just print or instantly download your invites. Its Brand Kit and cloud synchronization ensure easy teamwork. Any creative novice or pro may create impressive invitations.

    Pros

    • So many templates and Adobe Stock assets allow instant variety. 
    • Advanced AI for intelligent resizing, background removal, and fast edits. 
    • Cloud sync and brand kit allow consistent branded invitations. 

    Cons

    • Templates may feel generic 
    • Not suitable for advanced video and animation invitations. 

    Pricing

    Plan Pricing
    Adobe Express $4.76/person/month
    Adobe Express Enterprise Contact Sales

    Designs.ai

    Website designs.ai
    Rating 3.5
    Free Trial Yes
    Best For AI-powered design suite: logos, videos, images, voiceovers, and more
    Designs.ai - AI Tools for Making Invitation Cards
    Designs.ai – AI Tools for Making Invitation Cards

    Designs.ai is one of the best-known AI tools for making invitation cards. It combines many creative tools for ease of use on a single platform. Use its AI Design Generator, Logo Maker, and Image Generator to quickly convert ideas into designs for a wedding, birthday, or business event. Sign up, select a template or create one from scratch, and let the AI assist you with colors and fonts. You can also create videos and voice-overs. Designs.ai helps you save time and costs while creating pro-level cards even if you are just a beginner.

    Pros

    • All-in-one suite includes design, video, text, and voice tools
    • Fast workflow helps speed up campaigns and content creation. 
    • Multi-user enterprise options for larger teams. 

    Cons 

    • Free plan limits advanced features
    • Full template usage or export may require upgrade.

    Pricing

    Plan Pricing
    Basic $29/month
    Pro $69/month
    Enterprise $199/month

    How To Make Invitation Videos In 8 Steps?
    Sending SMSs, cards, emails to invite relatives and friends for any occasion are mediums of the past. Today the technology has changed and so has the way we send the invitations. Video invitations are trending these days as it offers a way to interact with the guests in a better


    Greetings Island

    Website greetingsisland.com
    Rating 4.5
    Free Trial Yes
    Best For Custom invitations, greeting cards, and online RSVPs for all occasions
    Greetings Island - AI Tools for Making Invitation Cards
    Greetings Island – AI Tools for Making Invitation Cards

    Greetings Island is an amazing AI tool for invitation card making that helps its users create customized designs for every occasion, big or small. It offers a plethora of templates in style, an in-built RSVP system, and advanced AI features like Magic Photo that transform uploaded pictures into beautiful invitations. Edits can be made easily by changing texts, fonts, and colors, and then the invitations can be shared via email, social media, or printing. On download, high-resolution files are provided to print from home or at a shop, and event tracking keeps the planning stress-free.

    Pros

    • Vast selection of premium templates
    • Built-in RSVP management and guest communication.​
    • Magic Photo uses AI to personalize invitations from the user’s photo.​

    Cons

    • occasional downtime or reliability issues with the website.​
    • lacks the complexity of pro design software.​​

    Pricing

    Plan Pricing
    Monthly $3.49/month
    Yearly $2.25/month

    Venngage

    Website venngage.com
    Rating 4.5
    Free Trial Yes
    Best For Creating infographics, reports, visuals easily without deep design skills
    Venngage - AI Tools for Making Invitation Cards
    Venngage – AI Tools for Making Invitation Cards

    Venngage is an advanced AI tool that creates invitation cards. It has smart design features merged with easy editing capabilities for professional-level design results. Begin with the AI Invitation Generator and create classy invites according to your event, customize layouts quickly, swap clashing colors, and add elegant fonts with ease to create event details. Branding automation is by AI, autofill has content, icon creation, and even alts text for accessibility, and the drag-and-drop editor is enough to build an awesome invitation in a minute for anybody. It’s for parties, business launches, and more.

    Pros

    • AI branding automationmatches the brand colors, logos, and fonts in seconds. 
    • AI images, icons, and translations further add to creativity. 
    • Real-time collaboration for teams, brand kits, and private sharing for businesses. 

    Cons 

    • The interface can be a little hard for a first-time user. 
    • no phoneline support

    Pricing

    Plan Pricing
    Premium $19/month
    Business $49/user/month
    Enterprise $499/month

    Imagine.Art

    Website imagine.art
    Rating 4.5
    Free Trial Yes
    Best For AI-powered image & video generation: text-to-image, image-to-video, upscaling, creative assets
    Imagine.Art - AI Tools for Making Invitation Cards
    Imagine.Art – AI Tools for Making Invitation Cards

    Imagine.Art is one of the most powerful creative AI suites out there, ranking it among the top 10 tools for invitations. Use it to create impressive imagery for any event, combining text, pictures, music, and moving effects in a matter of minutes. Model such as Hailuo 02 and Google VEO 3.1 allows users to create amazing videos, realistic images, and vibrant characters with simple verbal or template-based hints. Its motion transfer feature and character builder bring in a personal touch while node-based automation streamlines the entire design process. Imagine.Art does it all-in- one.

    Pros 

    • Customized, animated invites can be created with personalization
    • Includes competitions for creators where they can showcase their work and win prizes. 
    • Node-based workflows trim down design projects and speed things up considerably. 

    Cons

    • Features mainly powerful in paid plans. 
    • Multi-studio workflow and advanced tools can be complex

    Pricing

    Plan Pricing
    Basic $15/month
    Standard $30/month
    Ultimate $50/month
    Creator $250/month

    Fotor

    Website fotor.com
    Rating 4.3
    Free Trial Yes
    Best For AI-powered photo editing, image generation & quick social media graphics
    Fotor - AI Tools for Making Invitation Cards
    Fotor – AI Tools for Making Invitation Cards

    Fotor is a brilliant AI invitation designing tool that makes designing unique cards easy and superfast for anyone, even beginners. Fotor has over 600 templates and AI-powered art with professional image generation so you can turn any party or wedding idea into lovely professional invitations in a matter of minutes. The design tools of Fotor work both online as well as on mobile, allowing great template edits, custom fonts, and color matching for every occasion. The platform allows for free high-quality JPG, PNG, or PDF downloads with no watermark, hence inviting sharing or printing right away.

    Pros

    • The 600+ templates available 
    • The free plan permits downloads at their maximum resolution with no watermarks. 
    • Social sharing and print-ready output are instant and seamless. 

    Cons

    • Ads may pop in and out in free plans
    • lacks advanced workflows. 

    Pricing

    Plan Pricing
    Fotor Pro $9.08/month
    Fotor Pro+ $20.45/month

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    Visme

    Website visme.co
    Rating 4.4
    Free Trial Yes
    Best For Creating infographics, presentations, interactive reports, and visual data content
    Visme -  AI Tools for Making Invitation Cards
    Visme – AI Tools for Making Invitation Cards

    Visme is undoubtedly one of the best AI generator tools for invitation cards that utilizes an extensive template library with intelligent design, speedy document importing, and AI image generation. Within just a few minutes, you could pick from customizable layouts, fonts, colors, and graphics generated from a given prompt to create contemporary invitations. Visme’s editing platform supports interactivity, easy downloading, and collaboration with the additional option of sharing, animating, and personalizing cards. Its rich functionality combined with a simple drag-and-drop makes Visme the queen of professional designing for invitations without graphic design experience- from weddings to birthdays.

    Pros 

    • AI creates images and derives layouts from files/URLs for fast results
    • Team collaboration with comments, annotation, and live editing.
    • Personalization in real-time with regards to events, animation, music, and forms.

    Cons

    • A watermark on the free version and limited font/asset selections 
    • Lag and freeze on large projects or slow devices. 

    Pricing

    Plan Pricing
    Starter $29/person/month
    Pro $59/person/month
    Enterprise Custom

    Conclusion

    AI tools for making invitation cards have completely changed the design and sharing of special moments. They mix creativity with smart automation and enable literally anyone to create stunning designs in minutes. Features like text-to-image creation, customized templates, and instant formatting provide further reduction in tedious work while maintaining high-quality standards. Their real power lies in keeping the design process simple, allowing users to bring emotion and style to their invitations while forgoing any real design skills. From social parties to elegant weddings, every single invitation platform has some personal touch.


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    FAQs

    What are AI Tools for Making Invitation Cards?

    AI Tools for Making Invitation Cards are:

    • MolyPix.AI
    • Canva
    • Adobe Express
    • Designs.ai
    • Greetings Island
    • Venngage
    • Imagine.Art
    • Fotor
    • Visme
    • Dreamina

    How does AI help in making invitation cards easily?

    AI simplifies the design process by providing ready-made templates, smart layout suggestions, and auto color matching.

    Can I create wedding invitations using AI tools?

    Yes, tools offer AI-powered wedding invitation templates with editable fonts, colors, and images. You can personalize them according to themes like traditional, minimal, or modern designs.

  • Record Highs to Sudden Slips: What’s Really Behind Gold’s Price Fall

    Gold prices have dropped to a record low in the last few days. It has dropped about 14 times so far in 2025; however, it hasn’t had any effect on gold until now. The price of gold in India has doubled by 60%. But right now, in October, the rates have fallen significantly, making many wonder why. The real questions are: will it drop further and rise in the coming days? Should gold investors be worried about this? What’s the current scenario with gold in the market? For all that, learn more. 

    International Market Situation

    • In global trading (Comex platform), gold for December delivery dropped by $20.61.
    • It’s 0.50%, to $4,124.99 per ounce. The previous day saw a 2% rise.
    • Several analysts stated that gold has become too expensive to afford, having consistently hit record levels this year.
    • To profit from this rise, many began selling part of their gold holdings, leading to today’s fall.
    • This fall, for several days, may end gold’s 9-week winning streak.

    And on the other hand, the cost of silver fell too:

    • The Comex silver for December delivery fell by 1.06% to $48.19 per ounce. 

    Indian Market (MCX)

    Gold futures in India also fell hard:

    • The December contract dropped by INR 1,109 or 0.89% to INR 1,22,995 per 10g.
    • The February 2026 contract fell by INR 1,075, or 0.86%, to INR 1,24,200 per 10g.

    Silver fell to big losses:

    • The December contract dropped by INR 2,683 or 1.81% to INR 1,45,829/kg.
    • The March 2026 contract fell by INR 2,206, or 1.47%, to INR 1,47,878/kg. 

    Why Did the Gold Price Fall?

    Stronger US Dollar

    • The dollar index rose 0.11% to 99.05. So, whenever the dollar strengthens, gold becomes more expensive, and demand falls.

    Hope of US-China Trade Deal

    • Lower trade tensions mean less need for “safe assets” like gold.

    Profit Booking

    • As the prices skyrocketed, traders sold parts of their gold to secure profits, and that’s what is happening right now.

    Large withdrawals from gold ETFs

    • Apparently, it’s the biggest single-day drop in ETF holdings (by tonnage) in 5 months.

    Correction after huge gains

    Though the price is down now, it’s already up by more than 50% this year. So, this fall is quite natural. 

    What’s Next? (Events to Watch)

    The following events can affect the gold prices, and the experts are watching out:

    • US President Donald Trump and China’s Xi Jinping meeting.
    • Updates on the US government shutdown.
    • US-Russia tension and new sanctions on Russia.
    • US CPI inflation data, which could most likely affect the interest rates.
    • The Federal Reserve will likely cut rates two more times before the year ends, and this could support gold. 

    Final Words…

    It’s indeed a good time to buy (because there’s a massive dip in the gold price) and okay to hold on to your reserves. However, it’s a bad time to sell because you won’t make much profit at the moment.

    Gold Investment Options in India 2025: Festive Season Guide
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  • Daily Indian Funding Roundup & Key News – 24th October 2025: Michezo Sports Raises $2.5 Mn, Pave Bank Secures $39 Mn, Deepinder Goyal Commits $25 Mn & More

    India’s startup and business ecosystem saw notable developments on 24th October 2025, with multiple funding rounds and key corporate announcements. From sports infrastructure and trade finance to enterprise AI and urban water solutions, startups continue to attract significant investments. In parallel, prominent business leaders and organizations, including Deepinder Goyal and Tata Trusts, made major commitments and governance updates, reflecting ongoing growth and strategic moves across sectors.

    Daily Indian Funding Roundup – 24th October 2025

    Company Amount Round Lead Investor(s) Sector
    Michezo Sports $2.5 million Pre-Series A Centre Court Capital; Rainmatter Sports Infrastructure
    CapitalXB $15 million Seed Nicolas Walewski Trade Finance
    Pave Bank $39 million Series A Accel; Tether Investments; Quona Capital; Wintermute; Helios Digital Ventures; Financial Technology Partners; Yolo Investments; Kazea Fund; GC&H Investments Digital Asset Banking
    UnifyApps $50 million Series B WestBridge Capital; ICONIQ Enterprise AI Software
    Megaliter Varunaa INR 15 crore Seed Long-term Institutional Investors Urban Water Circularity

    Bengaluru-based sports infrastructure startup raises $2.5 million in pre-Series A

    Michezo Sports offers end-to-end solutions for sports facilities including tracks, turfs, and courts, along with distribution of sports equipment. The pre-Series A funding led by Centre Court Capital and Rainmatter will help expand into swimming pools and civil sports infrastructure, while scaling its technology-driven platform to enhance accessibility and efficiency in sports infrastructure across India.

    Trade finance platform CapitalXB secures $15 million seed funding

    CapitalXB provides invoice discounting, factoring, and supply chain financing to MSMEs through the RBI-regulated TReDS platform. The $15 million seed funding led by Nicolas Walewski will help the startup expand nationwide, implement AI-based credit assessments, and improve platform efficiency, enabling faster access to working capital and helping MSMEs grow sustainably across India’s manufacturing and trade sectors.

    Digital asset bank Pave Bank raises $39 million Series A

    Pave Bank integrates fiat and digital asset banking, including cryptocurrencies, in one platform. The $39 million Series A, led by Accel and other investors, will strengthen regulatory compliance, scale institutional-grade infrastructure, and enhance offerings. Pave Bank aims to simplify digital asset adoption, providing secure, transparent services to retail and institutional clients while bridging traditional and crypto banking.

    Enterprise AI startup UnifyApps raises $50 million Series B

    UnifyApps integrates AI with enterprise tools like Salesforce and Workday to automate tasks such as HR, claims, and workflows. The $50 million Series B led by WestBridge Capital and ICONIQ will fund workforce expansion, platform enhancements, and European growth. With co-founder Pavitar Singh and Sprinklr founder Ragy Thomas as co-CEO, UnifyApps aims to set global standards for AI-driven enterprise automation.

    Urban water startup Megaliter Varunaa raises INR 15 crore in seed round

    Megaliter Varunaa converts sewage treatment plants into circular water utilities through a zero-CapEx, subscription-based model. The Hyderabad-based startup’s INR 15 crore seed funding from institutional investors will accelerate project development, implement innovative water reuse solutions, and scale operations. Its flagship ‘Megaliter Model’ addresses urban water scarcity while providing sustainable, scalable, and efficient wastewater management solutions.

    Key Business News for 24th October 2025

    Deepinder Goyal Commits $25 Million to Longevity Venture

    Deepinder Goyal, founder and CEO of Eternal, has pledged $25 million from his personal funds to Continue Research, a venture focused on extending human life and enhancing overall health. The initiative aims to explore areas such as aging, nutrition, sleep, and mental wellness through scientific research. Goyal emphasizes that the project is fully self-funded and operates independently from Eternal, reflecting his commitment to advancing human health and longevity.

    Tata Trusts Proposes Reappointment of Mehli Mistry

    Tata Trusts has proposed reappointing Mehli Mistry as a lifetime trustee, just days before his current three-year term concludes on October 28. Mistry, associated with the Shapoorji Pallonji family, holds a significant position in the governance of Tata Trusts, which owns a majority stake in Tata Sons. The proposal has sparked internal debates among trustees regarding the interpretation of the lifetime trusteeship resolution, highlighting ongoing discussions about leadership and legacy within the organization.


    Daily Indian Funding Roundup & Key News – 23rd October 2025
    India’s startup and tech ecosystem witnessed significant funding activity and industry updates this week. Here’s a quick look at today’s major funding and business developments.


  • Indian-Origin Startup Offers Jobs to Laid-Off Meta Employees, Salaries Up to INR 5.2 Crore

    Tech giants and startups are filling the void left by Meta’s announcement that it will lay off 600 workers from its AI business. Among them is Sudarshan Kamath, an Indian entrepreneur and the creator of Smallest AI. The US-based businessman said on X that his organisation will appoint former Meta staff members to its San Francisco-based speaking team.

    He stated in the post that Meta had laid him off. “We are hiring in speech team for Smallest AI in San Francisco!” According to Kamath, the positions offer flexible equity options in addition to basic salaries that range from $200,000 (INR 1.75 crore) to $600,000 (INR 5.26 crore) annually. Selected personnel are likely to make more than half a million dollars annually with such appealing base salary, bringing the remuneration comparable to that of larger software organisations.

    Eligibility

    Candidates must fulfil certain requirements. In his posting, Kamath described the requirements, saying that he was seeking experience in speech evaluations, speech generation, full duplex speech-to-speech, etc. It must be both intelligent and hungry. “DM me.” In an effort to increase the agility of its AI section, Meta is laying off over 600 employees from its Superintelligence Labs. According to news agency Reuters, the layoffs impact teams in Facebook Artificial Intelligence Research (FAIR), product-focused AI units, and AI infrastructure organisations.

    There will be no impact on the recently established TBD Lab, which employs a few dozen engineers and researchers developing next-generation foundation models. According to Chief AI Officer Alexandr Wang, the change will increase the accountability and influence of each remaining function while streamlining decision-making. Additionally, the organisation is urging impacted workers to look for other roles within Meta.

    Meta’s Mega AI Mission

    To support its largest data centre project to date, Meta recently secured a $27 billion financing transaction with Blue Owl Capital, its largest private capital agreement to date. According to analysts, the agreement transfers a large portion of the risk and expense to outside investors while enabling Meta to pursue its AI objectives.

    Following the departure of top workers and a lacklustre reception to its open-source Llama 4 model, Meta restructured its AI operations under Superintelligence Labs in June. To bolster the sector, CEO Mark Zuckerberg personally spearheaded a significant hiring drive.

    With an emphasis on creating the company’s next-generation AI models, Superintelligence Labs currently houses Meta’s Foundations, Product, FAIR, and TBD teams. By creating the FAIR unit and hiring Yann LeCun as its top AI scientist, Meta made its initial investments in AI in 2013 and established a global deep learning research network.

    Quick Shots

    •Smallest
    AI, founded by Sudarshan Kamath, offers roles to laid-off Meta AI staff.

    •Salaries
    range from $200,000 to $600,000 (INR 1.75–INR 5.26 crore) with flexible
    equity options.

    •Positions
    open for experts in speech evaluation, speech generation, and full-duplex
    speech-to-speech AI.

    Over 600 employees cut from Meta’s
    Superintelligence Labs, including FAIR and AI infrastructure teams.

  • How Dadasaheb Bhagat Built DooGraphics : India’s Homegrown Alternative to Canva

    The story of Dadasaheb Bhagat is a classic example of entrepreneurial folklore. A tenth-grade dropout who comes from a village hit by drought. A person who came up with DooGraphics, India’s indigenous alternative to Canva.

    Bhagat was born in Sangvi Patan in Beed district of Maharashtra. He was brought up in a family that did not place much importance on schooling. He passed his tenth examination and attended only one year of the Industrial Training Institute course. 

    And then accepted a job in a factory with a salary of INR 4500 per month. Living from hand to mouth, he moved to Pune and got a job at Infosys as an office boy earning between INR 8,000 and INR 9,000 per month.

    At Infosys, Dadasaheb’s life changed. While cleaning offices and fetching tea for guests, he watched employees “working on laptops, earning comfortably,” and realized that using one’s mind could lead to a better life. 

    Curious, he asked for advice and was directed to creative fields. This experience was profound. His childhood was characterized by his fascination with a temple painter living in the neighborhood. 

    Bhagat transformed himself in a year. He used to study animation and design courses at night and work by day. From an aspiring young artist, he became a professional graphic designer, trading in his non-mechanical tools for a digital tablet.

    Dadasaheb Bhagat : Biography

    Name Dadasaheb Bhagat
    Born Sangvi Patan, Beed, Maharashtra, India
    Nationality Indian
    Current Role Founder & CEO, DooGraphics (Design Template)
    Years of Experience 20+ years in design and enterprise technology
    Key Achievements Founded Ninth Motion (animated design firm), Launched DooGraphics, an AI-driven Canva-like platform, Secured major investment deal on Shark Tank India (INR 1 Cr for 10%) – Trained local youth in graphic design skills

    Dadasaheb Bhagat : Early Life and Education
    Dadasaheb Bhagat : Career Beginnings
    Birth of DooGraphics, India’s Canva
    Dadasaheb Bhagat : Leadership Style
    Dadasaheb Bhagat : Recent Statement
    A Real-World Example: Shark Tank Success

    Dadasaheb Bhagat : Early Life and Education

    Limited educational opportunities marked Bhagat’s early life in Sangvi Patan. He completed only his tenth grade and then a year at the Industrial Training Institute. He had a strong interest in art when he was a child. 

    During his time at a boarding school, a local temple painter taught him to draw. This planted the seeds of creativity and persistence. After finishing his schooling, he left the village and looked for better opportunities in Pune.

    Dadasaheb Bhagat : Career Beginnings

    Rather than chase a corporate job, Bhagat started freelancing and then built his own company. In 2015, he was even in a serious bike accident, but while resting at home, he created fiery smoke-and-fire animation clips and sold them online.  The success was swift: he earned more from these designs than his INR 28,000 salary, and left his job in 2016 to launch his first venture, Ninth Motion. Ninth Motion, specializing in animated design, grew steadily. By 2018, it had a Pune office and a team of 10 to 15 designers working on innovative visual effects for clients like BBC Studios and 9XM.

    Throughout this period, Bhagat’s routine exemplified grit and lifelong learning. He balanced jobs with schooling, for example, working midnight shifts at Infosys, then attending daytime diploma classes in multimedia. 

    His father’s anecdote of wandering from village to village for farm work and doing “many things to earn a living” resonated with Bhagat’s own attitude. 

    “I have always been keen on learning new things,” Bhagat later explained. “Doing the same thing repeatedly bores me, so I try to bring uniqueness to my work”. This drive helped Ninth Motion reach a turnover of nearly INR 1.8 crore by 2023.

    Birth of DooGraphics, India’s Canva

    When the COVID-19 pandemic hit, Bhagat’s Pune office had to shut down. Rather than give up, he saw an opportunity. He returned to his village, where living costs were low, and focused on developing an online design product aligned with India’s needs. 

    From April to November 2020, he and a small team camped out on a hillock near his home, working under tents above a cowshed where the mobile signal was strongest. In those makeshift conditions, Bhagat built an AI-driven graphic design platform called DooGraphics (also known in the media as “Design Template”). 

    This India-made platform offers a rich library of ready-to-use templates, especially for social media, that users can customize by dragging and dropping elements. 

    Its interface is made to be extremely user-friendly: from festival greeting cards to business banners, even non-designers can tweak layouts, add images or text, and download their creations for free.

    Key features of the DooGraphics/Design Template platform include:

    • Hundreds of Design Templates: These are tailored for Indian users, e.g., YouTube thumbnails, celebration greeting cards, banners, and portrait creators.
    • Easy Customization: Click-and-drag editing of backgrounds, fonts, colors, and graphics. 
    • AI-Powered Tools: Smart suggestions and local motifs give each design an Indian flavor. Bhagat specifically built the platform to help small businesses and creators “produce professional-looking graphics, enhancing their brand visibility and driving sales”.

    By late 2020, this hustle paid off: DooGraphics had attracted over 1 lakh users globally. One upbeat write-up even claims 94,000+ businesses rely on it for marketing designs.

    Local creators and SMEs especially benefited, for instance, a Delhi cafe owner could quickly design a festive menu poster, or a wedding planner could use the Indian wedding templates to make invitations. 

    Bhagat’s platform thus fills a niche: it reduces India’s dependence on foreign tools by giving Indians world-class design resources on par with Canva.

    Dadasaheb Bhagat : Leadership Style

    Bhagat leads by example, driven by curiosity and resilience. He credits much of his success to constantly pushing beyond his comfort zone. As he says, “I have always been keen on learning new things. Doing the same thing repeatedly bores me…”  an attitude that keeps him and his team focused on innovation rather than routine.  At the same time, Bhagat remains community-minded even while building a tech startup from a rural base, he began training local youth in graphic design to help them acquire digital skills. 

    These traits, creativity, grit, and empathy, define his hands-on leadership style, showing that an entrepreneur from any background can thrive with vision and hard work.

    Dadasaheb Bhagat : Recent Statement

    Dadasaheb summed up his ethos in a recent interview: “I have always been keen on learning new things. Doing the same thing repeatedly bores me, so I try to bring uniqueness to my work.”. 

    This statement highlights his constant drive to innovate and push boundaries, qualities that have taken him from an Infosys office boy to the CEO of a growing tech company.

    A Real-World Example: Shark Tank Success

    Bhagat’s journey began to grab headlines. Media stories highlighted how a former guesthouse attendant in Pune was now creating “India’s Canva.” This resonated at the highest levels. Prime Minister Narendra Modi praised DooGraphics as a symbol of the Make in India spirit. 

    In September 2023, YourStory reported that even Modi acknowledged Bhagat’s achievement as “icing on the cake” of his rags-to-riches tale.

    DooGraphics also caught the eye of Shark Tank India. When Bhagat pitched on the show, he won a deal from boAt co-founder Aman Gupta, INR 1 crore for 10% equity in the company. The moment summed up his journey: stepping onto a national stage as a self-taught villager-entrepreneur. Recalling the pitch, Bhagat said it was “very exciting” even though he got nervous at first. 

    One juror gave him water and another advised, “don’t pitch like a formal presentation”,  and soon his confidence returned.

    Final Words

    Today, DooGraphics/Design Template competes globally with Canva by focusing on Indian needs. Its impact can be seen in numbers and testimonials: small shop owners, teachers, students, and bloggers across the country use the platform for their content.  By offering free templates and an intuitive editor, Bhagat’s platform has empowered users who might otherwise hire expensive designers or rely on generic Western templates. 

    As one report notes, his goal is “to make India self-reliant in digital design by helping local creators, students, and small businesses grow in the digital economy.” This homegrown tool also speaks Indian: it’s packed with cultural elements that foreign products lack, helping users create more authentic communication.

    In Bhagat’s own words, “passion, hard work, and creativity” meant that “no dream is too big, and no starting point is too small.”  From an Infosys guesthouse to running India’s Canva-like platform, his journey embodies the new wave of Indian entrepreneurs,  driven by vision, not by pedigree, and ready to build world-class products on home soil.

    FAQs

    Who is Dadasaheb Bhagat?

    Dadasaheb Bhagat is an Indian entrepreneur, designer, and founder of DooGraphics, a Made-in-India alternative to Canva.

    What is DooGraphics (Design Template)?

    DooGraphics, also known as Design Template, is an AI-powered graphic design platform developed by Dadasaheb Bhagat. It allows users to create posters, social media creatives, banners, and invitations using drag-and-drop templates tailored for Indian festivals, brands, and businesses.

    What is Dadasaheb Bhagat’s educational background?

    Dadasaheb Bhagat completed only his 10th grade and attended one year of an Industrial Training Institute (ITI) course. Despite limited formal education, his self-taught design skills and passion for learning helped him transform from an Infosys office boy into a successful tech founder.

  • Who Was Piyush Pandey? The Advertising Legend Behind Fevicol, Cadbury and ‘Ab Ki Baar Modi Sarkar

    Piyush Pandey, a name synonymous with Indian advertising, changed how brands spoke to a nation. From the heart of Jaipur to leading Ogilvy India, Pandey transformed creativity with ads for Fevicol, Cadbury, and political campaigns like “Ab ki baar Modi sarkar,” reflecting real people, everyday emotions, and India’s unique voice. He passed away in October 2025 at the age of 70, leaving behind a lasting legacy in authentic brand storytelling and the power of connecting culture with commerce.

    Piyush Pandey’s Early Life and Journey into Indian Advertising
    The Man Who Gave Indian Brands Their Own Voice
    Global Recognition and Industry Impact
    Remembering Piyush Pandey: Tributes from Leaders and Peer
    What His Legacy Means for Business and Branding

    Piyush Pandey’s Early Life and Journey into Indian Advertising

    Born in Jaipur in 1955, Piyush Pandey had a rather unconventional path into advertising. Before the world knew him for memorable campaigns, he played first-class cricket for Rajasthan, worked as a tea-taster and even did construction-site jobs.

    In 1982, he joined Ogilvy India (then Ogilvy & Mather India) as a client-services executive. Within a few years, he shifted into creative, and by the mid-1990s, he was helping transform the agency into one of India’s creative powerhouses.

    The Man Who Gave Indian Brands Their Own Voice

    Fevicol Advertisement

    Pandey’s big contribution to advertising was how he made brands speak India’s language, culturally rooted, emotionally real, and widely relatable. Some of his campaigns became part of everyday memory:

    • For adhesive brand Fevicol, his ads, like the bus-stuck or fishing-net ones, turned into pop-culture catch-phrases.
    • For the chocolate brand Cadbury– “Kuch Khaas Hai”.
    • For the paint company Asian Paints– “Har Khushi Mein Rang Laye”. He also worked with several other big names such as Ponds, Bajaj and Vodafone.

    He was also credited with making the 2014 campaign slogan “Ab ki baar Modi sarkar”, showcasing how advertising and politics sometimes intersect.

    Global Recognition and Industry Impact

     Piyush Pandey received Padma Shri Award
    Piyush Pandey received Padma Shri Award

    His work didn’t just win local praise; it drew global recognition too. He was honoured with the national civilian award, Padma Shri in 2016. In 2018, he and his brother became the first Asians to receive the Lion of St. Mark at the Cannes Lions International Festival of Creativity Academy.

    Under his leadership, Ogilvy India was repeatedly ranked number one in agency surveys. He became a mentor to countless professionals, and his philosophy emphasised that the best ideas are born from “ordinary people’s lives”, not just boardroom brainstorming.

    Remembering Piyush Pandey: Tributes from Leaders and Peer

    On 24 October 2025, the advertising world lost Piyush Pandey. He passed away in Mumbai at the age of 70 after suffering from a serious infection. His funeral was scheduled for 25 October at Shivaji Park, Mumbai.

    Tributes poured in from across the industry and beyond. Prime Minister Narendra Modi called Pandey’s contribution “monumental”. Industrialist Anand Mahindra described him as a friend whose “irrepressible zest for life” was memorable.

    What His Legacy Means for Business and Branding

    Pandey’s legacy is especially relevant for business media and marketing professionals today. He re-imagined how Indian consumers could be addressed, not as market segments, but as real people with culture, humour and emotion.

    In an era where digital metrics, data-driven ads and global templates often dominate, his work serves as a reminder: authenticity matters. Brands that tap into local language, place and emotion create much stronger bonds than those chasing flashiness.

    For business leaders, marketers and startups, three lessons stand out:

    • Understand your audience’s language: Whether regional dialect or cultural reference, he showed that speaking their voice wins.
    • Simplicity wins: The best ads weren’t overloaded; they were memorable and anchored in everyday life.
    • Build brands that last: His campaigns didn’t just sell a product, they became part of cultural memory.

    Final Thoughts

    Piyush Pandey was more than an ad-maker; he was a storyteller who helped Indian brands speak with authenticity and scale. His passing marks the end of an era, but his influence remains deeply embedded in how Indians consume, remember and talk about brands.

    For business media and for anyone in the world of branding or marketing, his career offers both inspiration and challenge: how do you today create a brand voice that people remember, as Pandey’s work proves, not just as an ad, but as a part of their lives?

    FAQs

    Who was Piyush Pandey?

    Piyush Pandey was a legendary Indian advertising professional known for transforming how brands communicate with audiences. Born in Jaipur in 1955, he led Ogilvy India and created iconic campaigns for brands like Fevicol, Cadbury, and Asian Paints.

    When did Piyush Pandey pass away?

    Piyush Pandey passed away on 24 October 2025 in Mumbai at the age of 70. His funeral was held at Shivaji Park, Mumbai, on 25 October 2025.

    How did Piyush Pandey start his career in advertising?

    He joined Ogilvy India in 1982 as a client-services executive. Soon after, he moved into creative roles and played a key role in transforming Ogilvy India into a creative powerhouse by the mid-1990s.