On March 26, Bharti Airtel declared that its Internet Protocol Television (IPTV) services would be available in India. With some plans, it offers users access to a vast collection of on-demand content from 29 OTT streaming apps, including Netflix, ZEE5, Apple TV+, Amazon Prime Video, and many more. In addition to 600 well-known television channels, Airtel’s new IPTV subscriptions offer Wi-Fi that can be used at home or at work.
Pricing and Other Benefits
According to a press release, Airtel has introduced IPTV services in India, with Wi-Fi options starting at INR 699 per month. 350 TV channels, 26 streaming applications, and a 40 Mbps Wi-Fi connection are all included in this plan. Similar benefits are provided by the INR 899 package, which has a speed boost of 100 Mbps. Customers can choose the INR 1,099 package in the interim if they want to take advantage of faster internet connections. It provides 28 streaming apps, including Apple TV+ and Amazon Prime subscriptions, and 200 Mbps Wi-Fi. Plans costing INR 1,599 and INR 3,000 include 350 TV channels, 300 Mbps and 1 Gbps internet connections, plus Netflix, which completes the suite of streaming apps.
30 Days Complementary Service on Purchase
The telecom company claims that as part of an introductory offer, any Airtel customers who purchase IPTV plans through the Airtel Thanks App will receive up to 30 days of free service. With the absence of Delhi, Rajasthan, Assam, and the Northeastern regions, where the launch is scheduled for a few weeks from now, IPTV services are accessible in 2000 Indian cities. All new customers can take use of IPTV when they purchase new Wi-Fi plans from Airtel. Existing customers can upgrade to IPTV plans in the interim by visiting any Airtel store or using the Airtel Thanks app.
According to Siddharth Sharma, CEO of Connected Homes and Chief Marketing Officer at Bharti Airtel, the launch marks the beginning of a new age in home entertainment, where cutting-edge technology skilfully combines a variety of streaming apps with traditional linear TV to provide consumers with an immersive online experience. We are confident that customers will have a wonderful convergent home experience with Airtel IPTV, supported by Airtel’s fast Wi-Fi.
On March 26, President Donald Trump announced broad plans to impose a 25% tariff on all imported vehicles and light trucks into the United States, with the declaration that the decision would be permanent. Collection will start on April 3 after the tariffs go into force on April 2. “We will impose a 25% tariff on all automobiles that are not produced in the United States,” stated the President. In the Oval Office, Trump declared, “This will be permanent.” “We start off with a 2.5% base, which is what we’re at, and go to 25%.” “This will continue to spur growth like you haven’t seen before,” he said, asserting that the action would encourage economic growth. However, there are no tariffs if your car is built in the US. Days before Trump is anticipated to reveal a more comprehensive set of trade policies, the announcement was made. He has designated April 2 as “liberation day” and plans to impose a broad range of so-called reciprocal tariffs on imports that his administration claims are unjustly subject to taxes from US trading partners.
What are the Key Benefits of this Move?
The White House estimates that these tariffs will bring in about $100 billion a year. Although analysts caution that higher costs could harm consumer demand and economic growth, the government is certain that this money can help lower the budget deficit and assist American industry. An imported car may cost about $12,500 more if manufacturers pass the entire tariff cost on to consumers. The average cost of a new car is already close to $49,000, so middle-class buyers might find it difficult to afford new cars. According to the Trump administration, the tariffs will incentivise automakers to relocate their manufacturing to the United States, generating jobs. As evidence that his policies are effective, Trump pointed to Hyundai’s $5.8 billion steel facility in Louisiana. Restructuring supply networks takes time, despite the White House’s claim that tariffs will boost the US auto industry. Before any benefits appear, automakers and consumers may have to pay more in the short run, and job losses may occur.
What are Repercussions of this Move?
European Union (EU) and Canadian leaders slammed the levies and warned of potential economic disruptions. While the EU issued a warning about harm to consumers and trade relations, Canadian Prime Minister Mark Carney pledged to protect Canadian companies. Other countries may impose countermeasures in response to the tariffs, which may start a worldwide trade war. Trump has previously threatened to impose a 200% tax on European alcohol in response to the EU’s proposal of a 50% levy on US spirits. Economists caution that these tariffs may restrict consumer options and increase inflation. They are a component of Trump’s larger economic agenda, which also includes tariffs on energy, computer chips, steel, and aluminium.
Musk’s Tesla Suffers Setback but May Still Prevail
All of Tesla’s automobiles are produced in the United States, mostly at its operations in Fremont, California, and Austin, Texas. Because of this, the business has a significant edge over competitors like GM, Ford, and global brands like Hyundai, Toyota, and Volkswagen that mostly depend on imports or cross-border supply networks. However, many of the parts used in Tesla’s automobiles are imported, even if the final assembly takes place in the United States. This covers everything from lithium-ion battery cells and electric motors to the raw materials needed to produce EVs. Now that those parts are subject to taxes, Tesla’s production costs and maybe sticker prices will go up.
Tesla is already struggling with dwindling market share and growing competition at the moment of the levies. Musk has cautioned investors that this year could see a slowdown in the company’s growth rate. In a more competitive EV market, higher production costs brought on by tariffs may make price competition more difficult. Musk is resisting any notion that Tesla will gain an advantage on its own, even with that protection. Like other manufacturers, the company’s intricate worldwide supply network is nonetheless at risk.
Mumbai, India – 27th March 2025: Twiddles, the mindful snacking brand founded by cricket legend Yuvraj Singh in partnership with Alfinity Studios, is making waves in India’s booming premium snacking industry. In just three months since its launch, Twiddles has achieved phenomenal traction, driven by an increasing consumer demand for nutritious, high-quality snacks. The brand is now on track to cross INR 2 crore in Monthly Recurring Revenue (MRR) in the upcoming quarter. Twiddles has also recorded an impressive revenue growth projecting an Annual Recurring Revenue (ARR) of INR 125 crores by the next financial year. India’s premium snacking market is set to grow from INR 42000 crore in 2023 to ₹95000 crore by 2032.
“Balance is at the core of everything I do, whether on or off the field. Twiddles embodies this philosophy by blending indulgence with health. After all, no one eats perfectly every day of the month, and it’s okay to indulge. With Twiddles, it’s just that you can do the same mindfully”, said Yuvraj Singh, Co-founder of Twiddles.
Twiddles has quickly carved out a niche, attracting over 20,000 unique customers. The brand boasts an 8% website conversion rate—well above the FMCG D2C industry average—and an impressive 13% repeat purchase rate. Recent industry reports reveal that over 68% of Indian consumers now prioritize healthier snacking options, with protein-rich and clean-label products witnessing the fastest growth.
Fueling this momentum, Twiddles is gearing up to expand its product portfolio with new launches, including peanut butters, protein bites, and savory protein-based snacks. The brand’s Almond Crumble Chocolate Spread has already become a bestseller, with over 10,000 jars sold, while more than 50,000 energy bites have been purchased across platforms. Customer feedback has been overwhelmingly positive, with 94% of reviews on Amazon and the brand’s website reflecting high satisfaction.
The brand’s early success is fueled by strategic marketing, innovative product offerings, and strong consumer trust. Yuvraj Singh’s credibility as a co-founder and him being a health philanthropist have built strong trust. Within its first month, Twiddles garnered over 30 million social media impressions and made a significant impact at the India International Trade Fair (IITF), engaging with over 500,000 visitors. Its strategic partnerships with leading e-commerce and quick-commerce platforms have expanded availability across key metro cities, enhancing accessibility like never before.
“Our initial momentum is a testament to the vast potential of India’s premium snacking segment,” said Rishi Dewan, Co-founder of Alfinity Studios. “With Yuvraj Singh as a co-founder, we are combining credibility, innovation, and deep consumer insights to build a brand that resonates with modern snackers.”
Looking ahead, Twiddles plans to scale its presence further through product innovation, influencer collaborations and an omnichannel retail strategy designed to maximize visibility and customer engagement. With a strong foundation and a fast-growing market, Twiddles is poised to redefine India’s premium snacking landscape and establish itself as a category leader.
About Twiddles
Twiddles is a premium health-focused snacking brand co-founded by cricketing legend Yuvraj Singh in collaboration with Alfinity Studios. Designed to redefine guilt-free indulgence, Twiddles offers a range of high-protein, nutrient-rich bites and spreads made with premium ingredients like almonds, cashews, roasted seeds, and natural sweeteners. Free from palm oil and artificial additives, Twiddles combines taste, nutrition, and conscious choices to cater to modern consumers seeking healthier alternatives. With products available online on Amazon, Blinkit, and its official website, Twiddles is rapidly expanding its presence in both digital and offline retail markets.
Major exits include Prescinto AI’s acquisition by IBM and Parablu’s sale to CrashPlan, showcasing the attractiveness of IPV-backed startups.
IPV portfolio companies raised 25 follow-on rounds in 2024, attracting top-tier investors and providing 30-40% IRRs through optional exits.
IPV has achieved 47 exits out of a 200+ startup portfolio over the last five years, a significantly higher exit rate compared to industry norms.
Inflection Point Ventures, the most active angel network in India, announces 14 exits from 2024, delivering an IRR of ~36% and reinforcing its ability to generate liquidity for its investors. With 47 successful exits from a portfolio of 200+ startups, IPV has delivered exit opportunities at a rate well above industry norms, reinforcing its strong track record in venture investing.
“Our focus has always been on identifying and supporting businesses with the potential to scale and deliver strong returns,” said Vinay Bansal, Founder & CEO of IPV. “Despite the market slowdown, our ability to deliver consistent exits reflects the strength of our portfolio and the trust we’ve built with both investors and founders.”
IPV has successfully facilitated multiple high-return exits, demonstrating its expertise in identifying scalable businesses. Among them, Aksum (52% IRR, 1.55x MoM), Conscious Chemist (54% IRR, 1.45x MoM), and Qubehealth (53% IRR, 4.06x MoM) delivered significant investor returns. These exits, along with several others, reinforce IPV’s strategy of backing high-potential startups that create meaningful investor value.
While the funding winter persisted, IPV portfolio companies secured 25 follow-on rounds, an achievement that stands out in a challenging market. These rounds were led by renowned global and domestic investors, reinforcing strong conviction in IPV-backed startups and their growth potential.
This continued investor confidence is evident in the backing IPV startups have received from top-tier funds. Goodwater Capital invested in Stage, alongside Blume Ventures, which also backed Fashor. Kazam attracted funding from Vertex Ventures, Avaana, and Chakra, while Sorin and Piper Serica supported Freed. DS Group’s investment in Samosa Party further highlights the trust established investors place in IPV’s portfolio. Adding to this momentum, Tim Draper’s investment in BonV Aero reinforces IPV’s rigorous due diligence, showcasing the confidence of globally recognized investors in IPV-backed startups.
Another major highlight of the year was the appearance and funding of two IPV-backed startups—Speed Kitchen and Metashot—on Shark Tank Indiathat , further underscoring the visibility and credibility of IPV startups in the larger ecosystem.
Some of these strategic investments were structured as blended primary and secondary transactions, providing optional exits to IPV investors, delivering 30-40% IRRs with a 3- 4x return.
“The ability of our startups to attract follow-on funding from top-tier VCs and corporates underscores the quality of companies we back,” said Ankur Mittal, Co-founder of IPV. “By consistently identifying high-growth potential and fostering strategic relationships, we ensure that our investors benefit from both capital appreciation and early liquidity.”
Beyond securing fresh capital, IPV-backed companies have also proven to be attractive targets for acquisitions and strategic collaborations, validating their strong technology and market potential. Prescinto AI, an AI-powered platform optimizing renewable energy assets, was acquired by IBM, integrating its technology into IBM’s Maximo Application Suite to enhance the energy sector’s efficiency and sustainability. This exit delivered a 28% IRR with a 2.17x return. Similarly, Parablu, a data protection company, was acquired by CrashPlan, a global leader in cyber-ready data resilience. The acquisition not only integrated Parablu’s solutions but also onboarded its team, ensuring a smooth transition and continued business growth. This exit generated an IRR of ~30% with a 2.2x MoM in 36 months.
“Our focus goes beyond just funding—we actively support our startups in scaling and securing strategic exits,” said Mitesh Shah, Co-founder of IPV. “By enabling them to attract the right investors and acquirers, we ensure liquidity opportunities for our investors, even in challenging market cycles.”
A report by the Indian Venture and Alternate Capital Association (IVCA) and EY highlights that only 10-15% of startups in India provide successful exits to investors. IPV has consistently exceeded market trends, with more than half of its portfolio businesses already obtaining exits or follow-on investment. This impressive track record demonstrates IPV’s ability to handle market obstacles and generate meaningful results for its investor community.
About Inflection Point Ventures and Physis Capital
Inflection Point Ventures (IPV) is an angel investing platform with over 23,500+ CXOs, HNIs, and Professionals investing together in startups. The firm supports new-age entrepreneurs by providing them with monetary & experiential capital and connecting them with a diverse group of investors.IPV has launched a $50 Mn CAT 2 VC fund, Physis Capital, to invest in Pre-Series A to Series B growth-stage startups. The fund has already deployed capital in two startups so far, with a few deals in advanced stages of the pipeline.
Anupam Mittal, founder of Shaadi.com and a popular judge on Shark Tank India, recently shared his thoughts on career growth in a LinkedIn post. He believes promotions are no longer based on tenure or loyalty. Simply staying at a company for years does not guarantee success. Instead, employees must take the right actions to move ahead. He shared three best ways to get promoted in a job.
1. Speed and Agility Matter More Than Experience
Anupam Mittal said that today’s market is moving ten times faster than before. Taking months to analyse and plan can leave you behind. Instead of overthinking, he suggests quick decision-making and rapid execution. The ability to adapt fast is the new intelligence.
Today’s business environment is changing quickly. Trends emerge and disappear within months. Those who take too long to study and strategise often miss opportunities. He suggests that professionals should focus on first principles, test their ideas quickly, and keep improving based on results. This approach helps employees stay ahead of the curve and become valuable assets to their companies.
2. Progress Over Movement
Working long hours does not guarantee success. Mittal recalls working 90-hour weeks that led nowhere. He has also seen one well-thought-out project deliver more value than months of effort. Promotions go to those who track their progress every week and ensure real impact, not just movement.
Many professionals mistake being busy for being productive. But promotions are not given for hard work alone; they are earned through meaningful contributions. Employers value employees who measure their progress and improve continuously. Instead of spending time on tasks that do not drive results, professionals should focus on projects that bring real change to the business.
3. Ownership Over Entitlement
Simply showing up at work is not enough. According to Mittal, the workplace is not a school where attendance earns passing marks. Employees must take ownership, make decisions, and push things forward. Companies reward those who act like leaders, not those who just wait for promotions.
Taking ownership means going beyond job descriptions. Employees should identify problems, offer solutions, and take responsibility for their outcomes. Those who step up and think like business owners are more likely to be recognised.
Take Charge of Your Career
Mittal advises professionals to stop waiting for promotions. Instead, they should align their work with business goals, offer great value, and then ask for the raise or position they deserve. He followed these principles before becoming a founder and found success.
If employees want to grow, they need to prove their worth. Instead of relying on past achievements, they should show how they contribute to future success. Companies promote those who create impact, take initiative, and shows leadership qualities.
Final Thoughts
Promotions are no longer about waiting for years. To move ahead, employees must be quick, show real progress, and take initiative. Anupam Mittal’s message is simple: work smart, take ownership, and make yourself valuable. Those who adapt fast, deliver results, and show leadership will always grow in their careers.
Out of the 1,200 engineers that Infosys onboarded in October and November, 40 to 45 more trainees were let go after the company came under fire for firing about 400 trainees who didn’t perform well in its rigorous assessment. An important internal evaluation that Infosys had planned for February 18 at its Mysore campus was indefinitely postponed. Following the company’s decision to fire hundreds of trainees, which sparked outrage from labour unions and prompted government action. According to reports, the evaluation was originally scheduled to include about 800 workers, with results anticipated by February 19, 2025, and possible terminations by February 21. On March 18, the IT services company evaluated these engineers. To give the trainees enough time to get ready, the evaluation was rescheduled. They were also given access to mock exams for improved preparation and sessions to address any questions. At least 45 fresher were told after the test that they had failed the basic skills program because they did not satisfy the requirements to be eligible and did not match Infosys standards.
Mandatory Signing of Separation and General Release Agreement
According to reports, the trainees would get a month’s salary and a letter of release after signing a Separation and General Release Agreement. It has been stated that outplacement support has been promised to the impacted trainees while they look for other employment. The affected trainees have reportedly been offered 12 weeks of external training by Infosys to get them ready for careers in the BPM industry. They can then apply for Infosys’ BPM if they successfully complete the course.
Earlier, Infosys Terminated 400
About 400 trainees were let go by Infosys at its Mysore facility earlier in February after failing to pass required internal tests. Many of them were left feeling distressed and told to leave the area right away. According to a media outlet, trainees who had waited two and a half years to join the organisation after obtaining their offer letters in 2022 were impacted by the mass termination that occurred on February 7. As per an official statement given to a news agency, the corporation justified its actions by stating that all new hires have three chances to pass the test; if they don’t, they won’t be allowed to stay with the company. The corporation claims that the procedure has been in place for more than 20 years and that it is also included in their contract. Starting at 9:30 AM, groups of 50 trainees were brought in with their laptops to begin the methodical terminations. According to a media report, bouncers and security guards were on hand during the event.
Users were unable to complete digital transactions on 26 March’s night due to a major technical problem that interrupted Unified Payments Interface (UPI) services throughout India. The National Payments Corporation of India (NPCI), which is in charge of managing UPI operations, admitted to the issue and gave users the assurance that it had been resolved. “The same has been addressed now, and the system has stabilised,” the NPCI said on social media site X. NPCI further added, “We apologise for the inconvenience.” Even though the disruption was only momentary, people who depend on digital payments for everyday transactions were frustrated. A number of well-known UPI applications were impacted, including Paytm, PhonePe, and Google Pay. A few banks, like ICICI Bank, continued to operate, but others, like HDFC Bank, encountered difficulties. Customers complained about unsuccessful purchases and connectivity problems in droves to Downdetector, a platform that monitors service disruptions.
What is UPI?
The Reserve Bank of India (RBI) oversees the Unified Payments Interface (UPI), a payment system created by the National Payments Corporation of India (NPCI). With their phone numbers or distinct UPI IDs, individuals can send and receive money instantaneously. In contrast to other payment options such as Immediate Payment Service (IMPS) and National Electronic Funds Transfer (NEFT), UPI enables users and merchants to request payments by only sending a message via their banking app. The fact that UPI is completely free is one of the main factors contributing to its success. Users are not subject to extra costs from NPCI when transferring any amount of money at any time. Because there is no minimum transaction restriction, it is also frequently used for modest payments at neighbourhood stores. Furthermore, UPI has a practical AutoPay function that enables users to schedule automatic payments for subscriptions and invoices, streamlining and simplifying transactions.
Some Unknown Features of UPI?
One may have observed that several UPI apps give him distinct UPI IDs. This occurs as a result of each app processing transactions through a different banking partner. The bank that is associated with the person’s account determines his UPI ID. Common UPI IDs in Google Pay, for instance, are “@oksbi”, “@okhdfcbank”, “@okaxis”, and “@okicici”. The customer can feel secure if he is worried about the security of UPI transactions. The RBI has put strict security procedures and regulations in place to protect UPI payments, guaranteeing the protection of his money and personal information. To protect sensitive data, like user identities and transaction details, during transmission, UPI uses cutting-edge encryption technologies like TLS, AES, and PKI. Furthermore, UPI lowers the danger of data exposure and unauthorised access by using a Virtual Payment Address (VPA) in place of exchanging bank account information.
The device-specific functionality of UPI is another important security aspect. Only the registered device can access Preson’s UPI account, limiting unauthorised use from other devices. In order to improve security, the RBI also implements robust authentication procedures such as biometric verification and two-factor authentication (2FA). Fraudsters can still take advantage of user weaknesses even though the NPCI guarantees strong security on their end by claiming that UPI accounts cannot be compromised. For example, in 2022, over 95,000 instances of UPI fraud were reported as a result of schemes that deceive users into disclosing sensitive information or granting access to their devices.
New Delhi, March 27, 2025: OneStack, a fintech platform for cooperative banks in Bharat, has raised $2 million in Series A funding and will secure an additional $1 million soon as a part of the same round.
The round was led by Pentathlon Ventures, with participation from Yatra Angel Network and continued support from existing investors 100Unicorns and Venture Catalysts. The investment underscores the fintech’s strategic focus on scalable technologies that drive financial inclusion and digital transformation in underserved markets.
OneStack, founded by Amit Kapoor and Vishal Gupta, operates as a Technical Service Provider (TSP) and Application Service Provider (ASP), offering a unified technology stack to digitize India’s cooperative banking ecosystem.
The platform offers end-to-end solutions like Core Banking, Mobile Banking, NPCI UPI Switch, and BBPS Switch, allowing regional and rural banks to modernize operations and enhance services to compete with larger institutions.
Amit Kapoor, Cofounder of OneStack, said, “Our mission is to make every Bharat bank a neo-bank. With this funding, we aim to extend our footprint into South and East India, targeting an additional 200+ banks to achieve a pan-India market share of 20%. Simultaneously, we will deploy our CBS across 50+ institutions and onboard 100+ banks onto our NPCI UPI & BBPS Switch, enabling them to offer UPI services under their own branding. This expansion will directly impact financial inclusion for 5 crore Indians over the next 18 months.”
With over 200 cooperative banks already onboarded, OneStack commands a 20% market share in North and West India and supports seven out of 34 State Cooperative Banks, serving 35 crore Indians and six crore MSMEs through its infrastructure.
The cooperative banking sector forms the backbone of financial access for 50% of India’s bankable population yet remains underserved by digital solutions. OneStack addresses this gap by providing banks with tools to increase CASA deposits, offer credit facilities, and deliver insurance products through a SaaS-based model.
OneStack’s UPI Switch and BBPS Switch enable partner banks to independently issue branded UPI IDs and process Bharat BillPay transactions, minimizing reliance on third-party platforms. Since its last funding round, the company has deployed over 6,000 Soundboxes in 14 regional languages, improving payment connectivity in rural markets.
Dr Apoorva Ranjan Sharma, Managing Director, Venture Catalysts, said, “OneStack’s unique positioning as a full-stack enabler for cooperative banks aligns with our vision of backing platforms that democratize access to critical infrastructure. Their ability to penetrate Tier II/III markets and deliver ROI-driven solutions positions them as a catalyst for India’s next wave of banking digitization. Our investment in OneStack resonates with our goal of backing founders who solve complex, large-scale challenges.”
“At Pentathlon Ventures, we believe in backing disruptive B2B tech startups that redefine industries, and Onestack is a perfect example. India’s cooperative banking sector, serving over 230 million people, has long been underserved in digitization. OneStack is bridging this gap by empowering these banks with cutting-edge financial technology. Onestack is not just about digitization but about unlocking new efficiencies, trust, and financial inclusion at scale. We are excited to lead this funding round and support OneStack in revolutionizing Bharat’s financial landscape while creating a category leader in cooperative banking technology,”Sandeep Chawda, Managing Partner at Pentathlon Ventures added.
OneStack’s asset-light SaaS model, charging banks on a per-user/month basis, ensures predictable revenue streams while scaling with partner institutions.
Its upcoming expansion into South and East India will include localized onboarding teams and vernacular support, a strategy validated by the successes of Venture Catalysts’ portfolio in Tier II/III cities.
About Venture Catalysts
Venture Catalysts is India’s first integrated incubator. It typically invests $250K – $2 Mn in early-stage start-ups with the potential to create enduring value for over a long period of time. Founded in 2016 by Dr Apoorva Ranjan Sharma, Anuj Golecha, Anil Jain and Gaurav Jain, Venture Catalysts has invested in over 300+ startups since inception. The cumulative valuation of the startups invested by Venture Catalysts is $10 Bn+. Venture Catalysts has its presence across 55 cities in 9 countries and is one of the most active early stage investors globally.
Mumbai (Maharashtra) [India], March 26: Gaming has always been a passion-driven industry, but for many, the cost of premium games has been an insurmountable barrier. Cryztal Zone, founded in February 2023 by lifelong gamer Suraj, is changing that by offering digital games at affordable prices that every player can play without breaking the bank.
Suraj, a dedicated gamer, was frustrated by the high costs of new game releases. Browsing game stores and seeing unaffordable price tags became a disappointment. Instead of accepting this as an industry norm, he set out to change it. His vision was simple: make gaming accessible to all by offering real digital games at significantly reduced prices.
What started as an ambitious idea soon turned into Cryztal Zone—an online platform that now provides an extensive game library for PC, PlayStation, and Xbox at a fraction of the cost.
The journey hasn’t been easy. Sourcing legitimate digital game licenses at competitive rates required persistence and countless trials.
Cryztal Zone provides access to premium titles at significantly lower prices, ensuring that cost is no longer a barrier. Players receive instant digital delivery, eliminating long waiting times and allowing them to dive into their favorite games immediately.
To enhance the experience, the company offers 24/7 customer support, ensuring that gamers always have assistance when needed. The platform boasts an extensive game library featuring a wide selection of PC, PlayStation, and Xbox games, catering to all types of gamers. With a focus on security and reliability, Cryztal Zone has built a trusted and seamless purchasing experience.
One of Cryztal Zone’s most rewarding moments was when a young gamer shared his experience of finally being able to afford his dream RPG through the platform’s discounts. These stories continue to fuel the team’s dedication, proving that their work is making an impact.
The company also gained significant recognition when invited to GamingCon, a premier gaming event, to showcase its vision. The overwhelming support from the gaming community, content creators, and industry professionals solidified Cryztal Zone’s place in the industry.
A consortium led by TPG, a leading worldwide alternative asset management company, has agreed to buy a 90% share in Siemens Gamesa’s onshore wind turbine generator manufacturing operations in Sri Lanka and India. Without revealing the purchase value, Siemens Gamesa stated in a statement that it will keep the remaining 10% of its wind business in India and Sri Lanka. Siemens Energy owns Siemens Gamesa, a wind power company. In addition to Siemens Gamesa’s ongoing investment, TPG will receive a sizeable minority investment from MAVCO Investments, a private business owned by a few members of the Murugappa family, the statement stated. Former JSW Energy CEO Prashant Jain will also acquire a minority ownership in the business as a Climate Change Partner.
Forming a New Independent Company
After the deal closes, a new independent business will be established to address the potential of the Indian wind market by creating a best-in-class business for the production, installation, and maintenance of onshore wind turbines. Onshore wind turbine production, installation, and maintenance in India and Sri Lanka are covered by the agreement. According to the statement, Siemens Gamesa will transfer about 1,000 workers and its current manufacturing facilities to India while continuing to grant the new business an exclusive licence for its technology and intellectual property and creating the next generation of goods. However, the business withheld the transaction’s financial information. According to Vinod Philip, a member of the Siemens Energy board who oversees Siemens Gamesa, the new business would better serve the Indian market and provide a long-term outlook for both consumers and staff. Siemens Gamesa may focus on other key areas while this guarantees ongoing support and growth in this thriving sector.
New Board Members
Vellayan Subbiah will chair the new company’s board of directors, while Prashant Jain will be its executive vice chairman. The Siemens Gamesa representative on the board will be Vinod Philip. The group believes onshore wind will continue to play an increasing role in India’s green energy mix, according to Ankur Thadani, Partner at TPG and Head of Climate, Asia. With the support of TPG and MAVCO, as well as Siemens Gamesa’s world-class product manufacturing and service offering, this new platform will continue to accelerate the delivery of gigawatts of clean power to millions of Indians across the socioeconomic spectrum. This partnership, as per MAVCO’s Vellayan Subbiah, will help India’s shift to renewable energy sources and boost the industry in the long run. With the government’s mandate for renewable energy and the necessity to meet the country’s constant electricity demand, Prashant Jain stated that the wind sector in India is at a turning point. The demand-supply imbalance and the importance of supply in the entire wind supply chain will only increase the nation’s need for high-quality wind turbine generator suppliers.
