Bhubaneswar (Odisha) [India], March 17: Orissa Stevedores Limited (OSL)’s young and dynamic Director, Shri Charchit Mishra, was conferred with the coveted “ET Influential Personality Award East 2023” for dynamic leadership in the field of Shipment and Logistics by the Economic Times at a grandiose event held at JW Marriott in Kolkata today.
The prestigious award was given away to Shri Mishra by British Deputy High Commissioner Mr. Peter Cook.
The “ET Influential Personalities of EAST” is a one-of-its-kind first edition award recognising and felicitating the front-runners of organisations in the east. It has been endorsed by prestigious corporate captains and industry specialists in a bid to duly honour the relentless contribution and inspirational feat of business leaders as a community.
Shri Charchit Mishra‘s remarkable guidance has been a pivotal force in OSL’s achievements and accomplishments to date.
On receiving the honour, the young and dynamic OSL Director remarked, “I’m grateful and humbled to receive an award that speaks volumes, not just about me, but about our journey as a company. It bears testimony to how beautifully we set sail into the world of shipping, mining, logistics, and exports of eastern India with sheer determination and expertise.”
Shri Mishra further contended, “This may be an award for me as an influential personality, but there is always a number of people steering my knowledge and OSL towards excellence. We have always strived for distinction by pushing our boundaries, creating new goals, and receiving every challenge as an opportunity. It has been my greatest pleasure to contribute to various philanthropic activities, making the world we live in better, bit by bit.”
“I want to continue making a significant change in the field along with my team. This award goes out to the whole team who complete the OSL group like pieces of a puzzle. It would be my honour and pleasure to carry forward this legacy and give back to the society as an organisation,” were the humble words of the young and enterprising OSL director Shri Charchit Mishra.
This recognition reinforces Shri Charchit Mishra’s contribution to the field of Shipping and Logistics as he has also been a recipient of the “Times Dynamic Entrepreneur of the Year Award” in 2022.
The young visionary leader has succeeded in creating a virtual monopoly with OSL with regard to the stevedoring operations at Paradip Port, India’s second-largest port in cargo traffic handling.
Notably, OSL is a significant stevedoring and cargo handling enterprise at the ports on India’s East Coast and presently manages more than 50 million tonnes of cargo across various industries.
OSL has been exhibiting its expertise in stevedoring, project cargo handling, C&F activities, custom house agency, steamer agency, etc,. In addition, the company has interests in a variety of industries, including mining, transportation, hospitality, dredging, and warehousing.
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Bhubaneswar (Odisha) [India], March 17: Orissa Stevedores Limited (OSL)’s young and dynamic Director, Shri Charchit Mishra, was conferred with the coveted “ET Influential Personality Award East 2023” for dynamic leadership in the field of Shipment and Logistics by the Economic Times at a grandiose event held at JW Marriott in Kolkata today.
The prestigious award was given away to Shri Mishra by British Deputy High Commissioner Mr. Peter Cook.
The “ET Influential Personalities of EAST” is a one-of-its-kind first edition award recognising and felicitating the front-runners of organisations in the east. It has been endorsed by prestigious corporate captains and industry specialists in a bid to duly honour the relentless contribution and inspirational feat of business leaders as a community.
Shri Charchit Mishra‘s remarkable guidance has been a pivotal force in OSL’s achievements and accomplishments to date.
On receiving the honour, the young and dynamic OSL Director remarked, “I’m grateful and humbled to receive an award that speaks volumes, not just about me, but about our journey as a company. It bears testimony to how beautifully we set sail into the world of shipping, mining, logistics, and exports of eastern India with sheer determination and expertise.”
Shri Mishra further contended, “This may be an award for me as an influential personality, but there is always a number of people steering my knowledge and OSL towards excellence. We have always strived for distinction by pushing our boundaries, creating new goals, and receiving every challenge as an opportunity. It has been my greatest pleasure to contribute to various philanthropic activities, making the world we live in better, bit by bit.”
“I want to continue making a significant change in the field along with my team. This award goes out to the whole team who complete the OSL group like pieces of a puzzle. It would be my honour and pleasure to carry forward this legacy and give back to the society as an organisation,” were the humble words of the young and enterprising OSL director Shri Charchit Mishra.
This recognition reinforces Shri Charchit Mishra’s contribution to the field of Shipping and Logistics as he has also been a recipient of the “Times Dynamic Entrepreneur of the Year Award” in 2022.
The young visionary leader has succeeded in creating a virtual monopoly with OSL with regard to the stevedoring operations at Paradip Port, India’s second-largest port in cargo traffic handling.
Notably, OSL is a significant stevedoring and cargo handling enterprise at the ports on India’s East Coast and presently manages more than 50 million tonnes of cargo across various industries.
OSL has been exhibiting its expertise in stevedoring, project cargo handling, C&F activities, custom house agency, steamer agency, etc,. In addition, the company has interests in a variety of industries, including mining, transportation, hospitality, dredging, and warehousing.
If you have any objection to this press release content, kindly contact pr.error.rectification[at]gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.
The post OSL Director Charchit Mishra Bags ET’s “Influential Personality Award East 2023” For Dynamic Leadership in Shipment & Logistics appeared first on OUR INDIA.
L-R-DocPlix Dr Varun Garg CEO, Dr Ajay Shukla CIO, Aayush Garg CTO
New Delhi (India), March 17: HealthTech start-up DocPlix has raised INR 5 crore in its Pre-Series A round led by Eris Lifesciences Pvt. Ltd. with the participation of other angel investors. In February 2022, it raised INR 1.2 core in Seed Round with participation of angel investors.
The startup will use the funds to scale up, R&D and expand its operation. Dr Varun Garg, CEO, DocPlix said that “Docplix is looking to expand its operations in western, southern and central India.”
Founded in 2021 by Dr. Varun Garg, Aayush Garg and Dr. Ajay Shukla, Docplix is building an ecosystem making seamless data exchange between doctors and patients possible. DocPlix also provides technology products for clinics and hospitals which lets them deliver an exceptional visitor experience to patients. DocPlix Rx is a powerful electronic medical records system for clinics and hospitals which helps doctors to grow their practice and helps them to deliver smart patient care.
It claims to have boarded over 2000 plus doctors including specialties like endocrinologists, cardio vascular surgeons, dermatologists, oncologists, dentists and others. The company is eying to onboard 5000 doctors through its speech to text EHR in next 10 months and sell 5000 licences of its medical algorithms based chatbot , Panini.
Docplix is working on a smart EHR system for doctors with end to end solutions making life of doctors and patients easy. Under the department of Preventive care program, Docplix was able to change the lives of more than 1000 patients in the last 12 months giving holistic and complete care for diabetes, obesity and PCOD. The company is eyeing to expand this segment and aims to serve more than 3000 patients in the next 12 months.
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New Delhi (India), March 17: Blend, an AI-powered design and photography application for DTC brands and ecommerce sellers, recently launched Blend Studio – the Chat GPT for product photos.
Product photography is a crucial aspect of ecommerce, and high-quality, realistic product photos can lead to increased conversions and higher return on ad spend (ROAS). With Blend Studio, brands can now easily create real-looking product photos with super realistic shadows and reflections and customise the outputs with their brand guidelines.
Using Blend Studio is simple – brands just need to upload a photo of the item they are selling, and Blend automatically removes the background and generates a high-quality, realistic visual. And now, with customizable background scenes, brands can describe the background they want and Blend Studio will create the scene for them.
This tool leverages Blend’s in-house deep learning models trained on over a billion product images, ensuring that the outputs are of the highest quality possible.
“The addition of customizable background scenes to Blend Studio is a game-changer for ecommerce sellers and DTC brands,” said Vishwanath Kollapudi, CEO of Blend. “Our technology helps brands to save time and money, while also driving increased sales and higher ROAS. The early response to Blend Studio has been great, and we’re excited to see more and more brands using our platform to grow their businesses.”
Blend Studio is the latest addition to Blend’s suite of AI-powered design and photography tools, which are currently being used by 1.5 million merchants across the world. Marketing agencies are also leveraging Blend Studio to cut down their time to go live with campaigns and get their clients more ROAS.
For more information on Blend Studio, please visit https://ai.blendnow.com/web
Blend is an AI-powered design and photography application for DTC brands and ecommerce sellers. Blend’s proprietary technology helps brands to create high-quality, realistic product photos and designs, while also saving time and money.
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New Delhi (India), March 17: Over the years, with the advancement in modern technology; solutions, and the incorporation of efficient solutions, Indian companies have been highly associating values into business modules to create the best outcomes beneficial for the economy. The development can be deemed captivating since the integration of creativity and technology has compelled people to go out of their way with creating the best result.
The Indian companies are now dedicated to revolutionizing the future of their respective fields, incorporating the strength that has always been embedded in the culture and hearts of the people.
These 10 Indian companies have constantly influenced people to evolve and create a better future and economy.
Virtual Closer – Dr. Amit Nath
Virtual Closer is the company, which is the sister concern of 20 years brand called AMKAN of Dr. Amit Nath, a renowned sales consultant, marketing expert, and growth strategist. It has been the background for multiple marketing agencies in and abroad in the nation.
They are the assortment of dynamic individuals who have been working closely to close deals and strategies business on a pure commission basis. They are navigating a unique business model to many diversified industries in India and abroad as well.
The company is the only GST-registered Indian firm directed to new edge enterprising and is more known for its power efficiency and result-driven performance.
Anais Events
Founded by Mr. Amrit Dhillon-Bains, Anais Events is an exceptional event-planning company that celebrates style, heritage, culture, and personality to create magic that leaves people in awe. The whole focus for any event is laid on the craft and creation aspects and powered by the wishes of the customers.
For the company, it all depends on the satisfaction of the customers. The team pays attention to details and has a keen understanding of event logistics that have allowed them to create beauty rewarded with valuable and timeless traditions.
International STEAM Research (ISR)
Founded by Dr. George Panicker & Capt Shaji Sebastian, ISR provides Experiential Learning through integrated Science, Technology, Engineering, Arts and Mathematics (STEAM) for school students. The company employs futuristic technologies like Mechatronics, Drones, Robots, AI, AR, Applied Coding, and many more.
With its vision to develop students as Future-Ready Lifelong learners and Problem Solvers the company is revolutionizing the education sector in India by empowering schools to provide NEP2020 aligned Inquiry and Research based Experiential Learning through hands-on activities within the classroom.
Sahilshah Visuals
Sahilshah Visuals is an Indian film-making company founded by Sahil Rahulkumar Shah in 2020. The company provides VFX, Documentary, Cinematography, Film Production, and Film Making solutions. With the support of a highly experienced and professional team, the company has successfully carried out multiple rewarding endeavors.
The team is much more focused on giving the desired results to the customers and hence takes care of every little requirement of theirs.
The company operates all over Gujarat, having its headquarters in Ahmedabad. The aim rests on making films in 4D so the audience gets to watch them in Virtual Reality.
Consent Elevators Private Limited
Founded by Mr. Jalaj Kumar Anupam, the company provides affordable elevator solutions that are accessible to all. The company provides a complete lift solution available at an affordable price range and secured by advanced safety measures. The high-quality products provided by the company are updated with the latest trends.
The company is a leading manufacturer in the Northern and Northeastern parts of the country.
The vision is to make the services more reachable to middle-class people while also serving to maintain high-quality service with utmost reliability.
The Connplex Smart Theatre – India ka Apna Smart Theatre…
Managed by VCS Industries Limited, Connplex Smart Theatre is a cinema company, offering moviegoers an amazing cinematic experience with interactive seats and modern technology. They are a decentralized franchise that has created a brand-new theatre network that offers audiences cutting-edge entertainment within a club-class setting that keeps them on the edge of their seats.
The brand creates cinema that incorporates the most futuristic hybrid model design, excellent infrastructure solutions to give a fully immersive and engaging atmosphere. Connplex makes sure to return excellent results for the money invested by customers.
AmazingWeb•Design
AmazingWeb•Design Is an e-commerce store development, website development, app development, and IT consultation services providing company. The company specializes in affordable, yet scalable solutions based on exceptional performance and reliability. Handling huge volumes of traffic and transactions becomes much easier with AmazingWeb•Design.
The professional and highly experienced team is in charge of constantly looking after the customer’s wants and acting accordingly. The team is successfully empowering small businesses, enhancing digital literacy and had helped more than 1000 local businesses to scale and grow business online.
Adilqadri E-commerce Private Limited
Founded by Mohammad Asif Malkani aka Adil Qadri, the company is best known for its luxury roll-on perfumes that are non-alcoholic. The unique fragrance makes the product much more captivating and popular among its customers. Also, the premium packaging makes it more unique.
The company also provides french fragrances. Adilqadri is a leading e-commerce attar brand in India that is renowned for its perfumes and unique packaging.
Career Coach Pushpesh Singh
A training Institute that facilitates courses tailored around the art of sales, leadership, job hunting, resume building, and interview cracking, and serves as a guide to building a professional brand and getting your Dream Job.
The vision of the company is to guide youngsters on becomes a better version of so that their passion for their dream turns into a pleasing reality. The company offers personalized one-on-one coaching as well with special strategies on how to get past the ATS (Applicant Tracking System) and have your resume Shortlisted.
Enord Private Limited
Enord Private Limited is India’s First AI on-edge Drone Tech Start-Up founded by Mr. Muhammad Anas. At Enord, drones with AI Pilot technology are designed and developed for autonomous navigation. These drones are capable of flying even in the confined spaces where GPS is not working. The vision of the Company is to create ease in operating, generating insights, and taking action that does not rely upon GPS.
The Company is developing world’s first AI Pilot Drone (INSPECTOR®) which is the most intelligent drone under 7Kgs of weight that comes with an end-to-end ecosystem of autonomy (AI Drone) and building an IP-based business, targeting industries and government sectors.
These companies are offering a futuristic approach to the development of their respective fields and are creating a space that facilitates the way the business world is affected by changes. By incorporating the various values of innovation, the company has been influencing many businesses to revolutionize the business world.
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New Delhi (India), March 17: In today’s age, the importance of skills cannot be overemphasized. Skills are an essential add-on to degrees, and recruiters look for candidates who possess practical skills along with theoretical understanding. Globally, an overwhelming majority of employers, face the challenge of finding the right talent with the right skill set, irrespective of the field or sector they belong to.
The only solution to this problem is the up-skilling of talent, and this is exactly what New Delhi-based Sanjeevana Institute for Career Advancement Pvt. Ltd. aims to do. The brainchild of Sanjeev Kapur, the Institute has been established with a view to impart vocational education and skill development in several academic and professional competencies.
“Our mission is to provide skill development and vocational education to students and help them achieve their academic and professional goals. We aim to fulfill this mission by creating an environment that fosters latent skills and honing them with a perfect blend of theory and practice. The focus is on skills that can supplement their existing strengths and abilities and help them carve out successful career paths for themselves,” said Sanjeev Kapur, Academic Director of Sanjeevana Institute for Career Advancement Pvt. Ltd.
The Institute is a certified training provider, accredited by the London Academy of Professional Training (LAPT, U.K), and is also registered with MSME, Government of India.
The All India Council for Technical Education (AICTE) has also recognized skill development as the need of the hour and has reinforced its importance for it. The council has written to all its accredited colleges, encouraging them to tie up and collaborate with institutes that offer bridge courses – like Sanjeevana Institute’s Spoken English and Soft Skills course to help their graduates bridge the skill gap and become market-ready.
The Spoken English and Soft Skills course helps students develop excellent communication skills for both personal, academic, professional, and business purposes, opening up a new world of opportunities for them, said Sanjeev Kapur in an interview with our reporter. In addition to this, Sanjeevana Institute for Career Advancement Pvt. Ltd. also offers certificate courses in fabric painting, editing for publishing, and baking, in online, offline, and hybrid modes.
“We are committed to advancing the careers of students through our innovative courses and teaching style. Our faculty members are proficient and experienced in their fields along with being trained in the best practices of globally relevant pedagogy. Students are at the heart of all our endeavors and we are committed to ensuring the very best of outcomes for our students in the spirit of learning, which is an amalgamation of the very best of Renaissance and Gurukul education”, elaborated Sanjeev Kapur.
The Sanjeevana Institute for Career Advancement Pvt. Ltd. commenced operations in December 2022, but this was not Sanjeev Kapur’s first contribution to the field of education. The Culinary Courtyard, set up in 2019 was his first endeavor to crystallize his vision for vocational and skill-based education.
Almost 1,300 students graduated from the courses in baking at The Culinary Courtyard under the master baker and mentor Ms. Shikha Sachdeva. Approximately 85% of these graduates are now successful home bakers or have launched entrepreneurial ventures of their own. With the success of The Culinary Courtyard, Sanjeev Kapur decided to take his vision one step further, and thus Sanjeevana Institute for Career Advancement Pvt. Ltd. was born.
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IIFL JITO Ahimsa Run Jersey unveiling
Mumbai (Maharashtra) [India], March 17: Jain International Trade Organization (JITO) is organizing the ‘IIFL JITO Ahimsa Run Powered by Torrent Group’ on April 2nd, 2023 to spread the concept of peace and non-violence among people across the world. This is the first time in global history that thousands of runners will join for a cause across 65 cities in India and at 20 international locations simultaneously. This run is expected to mark its entry into the Guinness World Records, Word Records India, and the Limca Book of Records for the most runners to run in multiple locations for the cause of Ahimsa (non-violence).
The JITO Mumbai half marathon jersey was officially unveiled by Sukhraj Nahar, Chairman of JITO Apex and Founder of Nahar Group, in the presence of Prithviraj Kothari, Chairman, JITO Mumbai Zone, Mahendra Jain, Vice Chairman, JITO, Mumbai Zone, and Vinay Jain, Chief Secretary, JITO Mumbai Zone. The event was graced by prominent industrialists, social personalities and key dignitaries from JITO Mumbai.
“We are delighted to host the IIFL JITO Ahimsa Run in Mumbai with an aim to spread awareness of peace, non-violence, love, and unity for a better world. In today’s turbulent times, more than ever there is a need to appreciate and adopt the principles of Ahimsa, not only physical non-violence but also mental. It is for the first time thousands of sports enthusiasts, professional runners, beginners, homemakers, children, and people from all walks of life will come together to run for peace.”, said Prithviraj Kothari, Chairman, JITO Mumbai Zone.
“Unlike regular run, Ahimsa Run has a deeper meaning. It is a great opportunity to run for a purpose. Through this unique initiative, we aim to unite all Indians and people across the world with a common cause of peace, empathy, and non-violence which is one of the greatest assertions of Bhagwan Mahavir. We are very optimistic that people from Mumbai and across the country will participate in large numbers to mark this historic event”, said Mahendra Jain, Vice Chairman, JITO, Mumbai Zone.
The Mumbai run will include four established categories – a 21 km half marathon, 10 km and 5 km timed runs, and a 3 km fun run for amateurs, families, and children. It will be open to people of all ages, gender, and communities. The organizers will offer training programs and fitness tips for beginners to prepare them for the marathon day. The race will be flagged-off from MMRDA Ground, Bandra Kurla Complex (BKC).
JITO (Jain International Trade Organization) is a worldwide organization of businessmen, industrialists, knowledge workers, and professionals reflecting the glory of ethical business practice. The organization was created to promote socio-economic empowerment, value-based education, community development, compassion, and global friendship. JITO represents all sections of society with over 35000 members that include over 9000+ Youth and 9000+ Ladies. JITO Ladies Wing is an integral part of JITO, it provides opportunities to women to help them fulfil their potential through the verticals of Knowledge Upskilling, Finance and Business, Digital literacy, Health and Nutri Sciences, Art, and Seva. JITO Ladies Wing believes in nurturing our society and does best for tomorrow and for our future generations.
Website: https://jitoahimsarunmumbai.com/
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New Delhi (India), March 17: The world of investment can be a daunting one, especially for those who are new to it. The complexity and technicality of the industry can be overwhelming, making it difficult for ordinary individuals to invest their money in securities that will yield more dividends over a short or long period of time. However, UnitedCoins LLC is working to change this.
UnitedCoins LLC is a major international private equity group focused on investing in market-leading businesses. Founded in 2016 by Joshua Young and Jeffrey Walker, UnitedCoins offers various crypto investment packages to free investors from financial struggles. With UnitedCoins, investors can enjoy the benefits of the best crypto-backed loan service, cannabis stocks, crypto investing, and crypto staking.
The company’s main objective is to ensure that everyone has an insight into the investment market. UnitedCoins LLC believes that investments are life-savers and shouldn’t be rejected by anyone. Investing is a way of helping yourself and no one else. It answers the question of “why do I invest?” Basically, all directions lead to this, and a strong reason is having something in store for a rainy day or making a life-changing decision that requires a lot of financial support.
UnitedCoins LLC is working to make the investment process simple and clear for anyone with a desire or goal to build financial investment. The company offers a crypto-back loan service, where investors can borrow funds with their crypto assets as collateral. This allows them to enjoy low-interest rates, unlike traditional loans. With UnitedCoins, investors can stake and swap their 20 cryptocurrency coins, making it easier to earn, store and trade crypto.
One of the unique features of UnitedCoins LLC is its low transaction fees. Investors can swap different stocks and coins with low fees, making it more accessible for them to invest their money without having to worry about high fees. The company also provides a secure platform for investors to store their crypto assets, ensuring that they are safe and easily accessible.
In addition to its investment packages, UnitedCoins LLC also offers educational resources to help investors make informed decisions. The company’s team of experts provides insights into the investment market, making it easier for investors to understand the market trends and identify profitable investment opportunities.
UnitedCoins LLC works with management teams to create and realize value within its portfolio companies. The company’s focus on market-leading businesses allows it to invest in companies with high growth potential, ensuring that its investors enjoy high returns on their investments.
In conclusion, UnitedCoins LLC is a company that is changing the investment market, making it more accessible and transparent for everyone. Its investment packages, low transaction fees, and educational resources make it easier for anyone to invest their money and build financial investment. With UnitedCoins, investors can enjoy the benefits of the best crypto-backed loan service, cannabis stocks, crypto investing, and crypto staking. UnitedCoins LLC is a company that is committed to ensuring that everyone has an insight into the investment market, making it easier for them to achieve their financial goals.
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New Delhi (India), March 17: Sports fans in India can rejoice, all thanks to Probo11.com’s debut of its first-ever fantasy application. Probo11.com gives you the opportunity to play your favourite games digitally and earn amazing financial prizes while providing the best platform for utilizing your sports knowledge and analytical abilities. Probo11.com offers a special feature that allows you to make Rs. 100 by inviting friends to the game using your special invite code and receive Rs.1500 as a welcome bonus.
With the goal of making viewers’ journeys more engaging, Probo11.com is constantly improving their viewing experience. It has created a fully functional, feature-rich mobile application that allows enthusiasts to fully capitalize on their passion for sports and participate in virtual games in its effort to give the uninterrupted gaming experience. And now that this amazing app has been added, users can pique their interest whenever and wherever they like!
You will be listed among Probo11.com’s Top 10 players if you join by paying 10,000 with 100 teams and 1000 matches. The money will be returned to your account if the title is not awarded.
The ground-breaking mobile app makes it easy for users to navigate through profile settings and sign up in a safe manner. You can choose from a wide range of activities, including building a team out of your favourite players and playing against other teams in leagues and tournaments. You can compete in these tournaments to show off your knowledge of football, cricket, kabaddi, and many other well-known sports while also employing cutting-edge tactics to surpass your competitors at every turn. Also, one will be notified in real time of their position among competitors thanks to the comprehensive leaderboard system.
Some of the useful features include:
Fastest in-game news stream
Understanding our surroundings and gaining advantage from that knowledge are key to Probo11.com. It is entirely based on actual occurrences that you may research, confirm, and follow for yourself.
A whole news feed without noise
To get to the heart of a global event, our experts sift through a tonne of information. They aid in the formation of opinions regarding current affairs as well as a deeper comprehension of our environment.
The flexibility to end trades at any time
Probo11.com is a platform for trading opinions. Also, Probo11.com gives you the option to leave just like a real trading site would. If a trade isn’t working out the way you expected it to, you can get out of it.
com is where society’s heartbeat is.
Probo11.com not only teaches you vital financial and trade abilities, but it also enlightens you about the common viewpoint of Indians. Information that is essential for the development of our nation.
To sum up, Probo11.com is incredibly proud of setting an example that enables safe environments through its fantasy app tailored specifically for Indian audiences, embracing all aspects of its financial transactions as well, helping sport enthusiasts maximise their Entertainment Quotient and profitable outcomes at the individual level! Why then wait? Stop putting it off and download this innovative software right away to relish the excitement of virtual sports this weekend or whenever you have time! Users will see tremendous rewards approaching!
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OmniBRx Biotechnologies Private Limited receives investment from SIDBI Venture Capital
New Delhi (India), March 17: OmniBRx, a bioprocess engineering company, announced a Series a equity raise of INR 30 crore from SIDBI Venture Capital Limited.
Commenting on the occasion, Mr. Ravindra Patel, founder and CEO of OmniBRx Biotechnologies, said, “We are thankful to the team at SVCL for believing in our vision and backing us on our expansion plans”. He further added that “Scalable and Efficient bioprocessing technologies, specifically the Single-use bioreactor platforms, are in high demand worldwide for the production of vaccines and other biologicals. Innovation-based technology solutions from OmniBRx have the potential to meet these exponentially growing market demands of biologics and vaccines.
The CellBRx Single-use Bioreactors from OmniBRx are the world’s largest and most efficient vaccine manufacturing platform for large-scale vaccines and viral vector Production. OmniBRx is also the creator of the world’s first integrated seed train development platforms in close-loop sequentially programmed bioreactor systems,” Ravindra added.
With an infusion of series-A funds, OmniBRx is all set to expand its business in the overseas market. The company would also invest in adding to its capacity and building best-in-class manufacturing facilities to augment its production capabilities and meet growing market demands.
Sajit Kumar. Sr. VP at SIDBI Venture Capital Limited quoted, “We are happy to partner with OmniBRx. We believe that their focus and deep domain knowledge will help them to penetrate the global markets. This is our third investment out of “Ubharte Sitaare Fund”, a fund for MSME’s focused on scaling up in the export markets. Wishing them all the best”.
Delhi-based Indus Capital, a boutique investment bank founded by Mr. Santosh Patra, was the exclusive financial advisor to OmniBRx for this transaction.
About OmniBRx, it is an Ahmedabad-based Bioprocess engineering company focused on the design and development of novel single-use bioreactors (SUBs) for cell culture-based bioprocessing applications, i.e. Vaccines, Gene therapies, and biologics production. The Company was incorporated in 2016 and successfully launched its innovative products like CellBRx and MiniBRx single-use Bioreactor platforms.
About SIDBI Ventures, the company incorporated in 1999, is a wholly owned subsidiary of SIDBI (www.sidbi.in), the Apex Financial Institution in India for the MSME sector. Over the years, SVCL has set up and managed several Venture Capital Funds / AIFs, “Ubharte Sitaare Fund” is the eighth Fund set up and managed by SVCL.
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