Category Archives: Business & Economy

BCA First-Year Student Syeda Fatima’s Start-Up Making News in Hyderabad, Southern India

Business & Economy, Women/Girls(since May26-2021), , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Hyderabad, TELANGANA :

Syeda Farhath Fatima, Founder and CEO of Pluslove.in, is a role model for many young people. She is currently a first-year BCA student at Saketa Degree College and a member of incubator cohort A-23.

Plus Love is a plus-size-focused clothing brand based in India. “WE CREATE, CRAFT, AND CUSTOMIZE CLOTHES.” At Pluslove.in, they are dedicated to providing an exceptional and empowering fashion experience for individuals of all sizes. One standout feature is their custom design service, allowing you to become the designer of your own fashion journey.

The Interesting Journey of Entrepreneur Syeda Farhath Fatima

In today’s world, it’s challenging to find plus-size clothing. Syeda noticed her loved ones who were a little overweight struggling to find the perfect fit, and she thought, “Why am I not doing anything for them?” or as the saying goes, “Jaha chah hai waha rah hai” (Where there is a will, there is a way).

“Business Development Service EdVenturepark opened an application for cohort A23, and I applied for it. Alhamdulillah (praise be to the almighty), I got selected. I knew about EdVenturepark since my time at Code for India Foundation, where I was learning data analysis with machine learning. So, yes, I’m a data analyst too. My journey started during the 3-month cohort at Code for India when I completed my course in data analysis. Then I applied for the EVP pre-incubation program. A person like me, without business knowledge, still had that spark to do something for people and solve their problems, which led to the creation of the clothing brand Pluslove.”

“It is true that everyone has problems, and it is also true that every problem has a solution. If this is the reality of life, then why not focus on solutions rather than problems.”

Pluslove.in is a size-inclusive clothing brand where you can find your perfect fit. They provide stylish, designer ready-to-wear clothes. They create, craft, and customize just for you. Their goal is to see smiles on their customers’ faces and boost their confidence. They believe that what we wear can make us feel better, more comfortable, and more confident.

One of their standout features is the customization service, allowing you to become the designer of your own fashion journey.

Challenges Faced on the Journey

Syeda faced numerous challenges while building her brand, such as being unfamiliar with the textile industry and struggling to find fabric and tailors. She was the sole person responsible for end-to-end tasks in the company and had to oversee every aspect.

Throughout this journey from a raw idea to Pluslove.in, her mother (Ammi) provided immense support and encouragement. She is deeply grateful to her mother and her family members, especially her aunt, siblings, and her mama.

Syeda also mentioned Meraj Faheem sir, who gave her the opportunity at “EdVenturepark” where she fulfilled her dream. Her dream and passion to solve people’s problems in finding their perfect fit were supported by Ilyas sir, who was always there for her when she needed help, and her friend Huda Hajera, her entire EVP team, and her fellow A23 cohort mates.

She expressed her feelings of joy, saying, “I’m very grateful to have such people in my life. Thank you, everyone, for being a part of my life.”

Soon, they will be launching their catalog and opening up opportunities for designers, tailors, and B2B collaborations.

Their mission is to empower women by providing employment opportunities without the need for education certificates or degrees, focusing solely on skills that enhance creativity and innovative ideas. Training facilities are also available for students and others.

For more details or inquiries, please contact +91 9390782010, Email ID: farhath@pluslove.in

source: http://www.thehindustangazette.com / The Hindustan Gazette / Home> News> Motivational Story / by Shifa / October 26th, 2023

Legacy of Goa: Seahath Canning’s Journey from Local Market to Global Supplier

Business & Economy, , , , , , , , , , , , , , , , , , , ,

Margao, GOA :

Founded in 1988 by Mohammed Ismail, Seahath Canning Company has evolved from a small family-run business into a major player in the global canned seafood industry. Managed by four generations of the Ismail family, the company’s remarkable journey from manual to mechanized processing reflects both its growth and resilience.

The company, which started with a focus on the North East Indian market, has expanded its reach, now supplying canned seafood to Angola, Libya, Turkmenistan, Dubai, Lebanon, Iraq, Yemen, Saudi, Djibouti, Somalia, Togo, Congo, Uganda, Bangladesh, Nepal, Ghana, the Indian Navy, Assam Rivalry and the Indian Army.

Seahath Canning, based in Goa’s Margao Industrial Estate, began its operations in an environment where it faced stiff competition from other companies serving similar markets in India, Thailand, and Myanmar.

The turning point came in 2006, when Seahath received its first major export order from Dubai, African countries, requesting 100 containers of canned sardines. To handle such volumes, Ismail’s sons—Asif, Anis, and Akif—began exploring automation, visiting factories in Indonesia, and integrating high-speed production machinery into their operations. The company’s production line shifted from manual to automated systems, ensuring efficiency and quality.

This investment in technology proved invaluable as Seahath continued to grow, securing more UN contracts and diversifying its client base.

In 2009, Seahath also began supplying the Indian Army with canned seafood, including tuna and mackerel, solidifying its position as a trusted supplier of high-quality seafood. Locally, the company launched its “Oceans Secret” brand in 2008, which catered to the general public, marking a significant step in moving beyond the North East Indian market.

Today, Seahath Canning has expanded to export canned seafood across the Globe – Has a Manufacturing Hub in Goa (India) a distribution Hub in the Middle East, and Africa, and Exporting to 17 countries.

Distribution Hubs – Lome (Togo), Dubai, Saudi, Ghana


Exports – Angola, Libya, Turkmenistan, Dubai, Lebanon, Iraq, Yemen, Saudi, Djibouti, Somalia, Togo, Congo, Uganda, Bangladesh, Nepal, Ghana across Africa, the Middle East, and beyond, including Angola, Ghana, and Zimbabwe.

The company’s commitment to quality is evident in its stringent processes, which involve constant laboratory testing and quality control checks from procurement to packaging.

Seahath’s facilities also boast state-of-the-art machinery sourced from Thailand, China, and Europe, enabling them to manufacture 50,000 cans per day.

Ismail credits the company’s success to a balanced approach of reinvesting profits into the business, maintaining quality, and supporting social causes.

In line with these values, Seahath has provided jobs for over 500 laborers and operates without relying on bank loans. Ismail’s philosophy of social welfare, alongside business growth, has helped foster a thriving enterprise.

Seahath’s future looks bright as the canned food industry in India, particularly in urban markets, continues to grow. With a focus on convenience and quality, the company is now experimenting with ready-to-eat food options, including seafood and chicken, to meet evolving consumer demands.

As Seahath Canning continues to expand, it remains committed to responsible fishing practices, sustainable seafood sourcing, and food safety certifications like ISO 22000:2008 and HACCP.

source: http://www.thehindustangazette.com / The Hindustan Gazette / Home> News> Motivational Story / by The Hindustan Gazette / January 09th, 2025

From Villages to the World: RIFAH’s National Workshop Inspires Export Enthusiasts in Goa

Business & Economy, Community Involvement / Social Issues, Karnataka (under research project), Leaders, , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Mumbai, MAHARASHTRA / GOA :

Madgaon:

RIFAH hosted a landmark national-level workshop themed “From the Village to the World” in Goa, aimed at empowering aspiring exporters to take their promising products to the global stage. The two-day programme brought together participants from 9-12 states across India, fostering an environment of learning, networking, and inspiration.

The event commenced with an inaugural address by Dr. Aslam Mohd, President of RIFAH Maharashtra, followed by an impactful keynote speech delivered by Mr. Syed Mumtaz Mansoori, President of RIFAH Karnataka.

Mr. Mansoori’s address emphasised the essence of global trade, identifying export opportunities, and understanding market demands, weaving in examples from prophetic traditions to illustrate the Islamic perspective of global business.

Workshops during the programme included sessions on “Fundamentals and Regulations of Export and Import” by Br. Siraj and an Interactive Workshop on Strategic Planning for Import and Export by Br. Anis Mohammed, Director of Seahath Canning Company.

These sessions offered practical insights into business strategy development, goal setting, market penetration, and leveraging B2B platforms, trade fairs, and digital marketing for international trade.

The workshop also featured a factory visit to Seahath Canning Company, India’s leading seafood exporter, which operates globally in over 15 countries. This visit provided participants with a firsthand understanding of the export process at scale. Additionally, participants had the opportunity to explore Goa’s breathtaking natural beauty, including its serene seashores, blending business learning with memorable experiences.

The workshop’s vibrant participation and engaging sessions left attendees energised and enthusiastic about stepping into the global trade arena, fulfilling the event’s vision of connecting local products to international markets.

The programme was conducted under the leadership of Mr. Mirza Afzal Baig (General Secretary of RIFAH), ensuring its success and alignment with the organisation’s vision.

source: http://www.radiancenews.com / Radiance News / Home> Entrepreneurship> Latest News / by Radiance News Bureau / January 27th, 2025

New MCC Commissioner assumes charge

Business & Economy, Community Involvement / Social Issues, Karnataka (under research project), Leaders, , , , , , , , , , , , , , ,

Kalaburagi / Mysuru, KARNATAKA :

Shaikh Tanveer Asif taking charge as the new Commissioner of Mysuru City Corporation from outgoing Commissioner Ashaad Ur Rahman Shariff on Monday. | Photo Credit: M.A. Sriram

Shaikh Tanveer Asif, a 2017 IAS batch, took charge as the new Commissioner of Mysuru City Corporation (MCC) from outgoing Commissioner Ashaad Ur Rahman Shariff here on Monday.

Mr. Asif was earlier serving as the chief executive officer of the Mandya Zilla Panchayat.

Mr. Asif expressed his happiness about getting an opportunity to work in Mysuru. He said that he would focus on improving the city’s infrastructure and civic facilities. Priority will be given to solid waste management, especially considering the city’s previous reputation in this area.

The new Commissioner also said that he would make efforts to restore the city’s reputation as the cleanest city, working towards the goals of the Swachh Bharat Mission.

source: http://www.thehindu.com / The Hindu / Home> News> India> Karnataka / by The Hindu Bureau / January 27th, 2025

MCC Commissioner takes charge

Business & Economy, Community Involvement / Social Issues, Karnataka (under research project), Leaders, , , , , , , , , , , , , , , ,

Kalaburagi / Mysuru, KARNATAKA :

Mysuru:

Shaikh Tanveer Asif, a 2017 batch IAS Officer of Karnataka cadre, took charge as the new Commissioner of Mysuru City Corporation (MCC)  from outgoing Commissioner Ashaad-Ur-Rahman Shariff, who has been transferred, at the MCC Office on Sayyaji Rao Road here this morning.

Speaking on the occasion, Asif said he was happy to get an opportunity to serve in Mysuru, known as cultural and heritage capital of the State.

Pointing out that his first priority is to improve basic infrastructure of the city and betterment  of civic and utility services, he said prominence will be given for proper maintenance of parks and regular management and disposal of all sorts of wastes and garbage generated in city.

Highlighting that the co-operation of sub-ordinates, other staff and elected representatives is crucial for meeting the objectives and goals of MCC in the best possible way, Asif hoped that Mysuru will blossom into a more prosperous city and regain the ‘Cleanest City’ tag which the city had bagged a couple of times earlier. He further said that he would give his best for bringing honour to MCC and the Government.

source: http://www.starofmysore.com / Star of Mysore / Home> News / January 27th, 2025

CM’s Political Secretary Naseer Ahmed visits Ajman Ruler’s Court, Thumbay Medicity

Business & Economy, Karnataka (under research project), Leaders, NRI's / PIO's, World Opinion, , , , , , , , , , , , , , , , , , , , , ,

Ajman, U.A.E/ / KARNATAKA :

Ajman, UAE: 

Karnataka Legislative Council member and Political Secretary to the Chief Minister, Naseer Ahmed, visited the Ajman Ruler’s Court and Thumbay Medicity, strengthening ties between Karnataka and the UAE.

At the Ruler’s Court, Ahmed met Sheikh Dr. Majid bin Saeed Al Nuaimi, Chairman of the Ruler’s Court, to discuss avenues for collaboration in healthcare, education, and research. He extended an invitation to Sheikh Majid to visit Bengaluru and proposed a future delegation of high-level officials from Karnataka to Ajman and Thumbay Medicity.

As part of the visit, Ahmed toured Thumbay Medicity’s state-of-the-art healthcare, medical education, and research facilities. Praising the institution’s achievements, he described it as a global hub for healthcare excellence.

Commending the efforts of Dr. Thumbay Moideen, founder and president of Thumbay Group, Ahmed acknowledged his role in establishing Thumbay Medicity as a leader in the field. “It is a matter of immense pride to witness Dr. Thumbay’s remarkable progress and the iconic achievements of Thumbay Medicity,” he said.

Dr. Thumbay expressed gratitude for the visit, emphasizing the importance of collaborations that benefit both the UAE and India. “This visit marks a significant milestone in strengthening our shared vision for excellence in healthcare and education,” he stated.

Thumbay Medicity in Ajman is known for its advanced healthcare services, cutting-edge medical education, and pioneering research. It continues to gain global recognition as a model for integrated healthcare and education.

source: http://www.english.varthabharati.in / Vartha Bharati / Home> Gulf / by Vartha Bharati / January 21st, 2025

Haji KS Sayeed Karnire Charitable Trust hands over 7 houses, foundation stone for 14 other laid

Amazing Feats, Business & Economy, Community Involvement / Social Issues, Karnataka (under research project), Leaders, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Padubidri (Udupi District), KARNATAKA :

Padubidri: 

The Haji KS Sayeed Karnire Charitable Trust handed over seven newly constructed houses and laid the foundation stone for fourteen more in Karnire on Sunday.

Assembly Speaker U.T. Khader, who inaugurated the houses, highlighted the significant impact of this initiative, noting that while owning a home is a universal dream, many are unable to realize it.

He commended the project as a model of compassion and inspiration, emphasizing that such achievements go beyond financial capability and reflect a commitment to serving marginalized communities. He expressed hope for more transformative projects from the trust in the future and wished the beneficiaries a life of peace and harmony in their new homes.

Managing Trustee K.S. Sheikh, presiding over the event, detailed the trust’s ambitious project to construct 50 houses on two and a half acres of land. Each house, valued at approximately ₹20 lakh, is fully furnished with modern amenities, including a kitchen, hall, two bedrooms, and a washing machine. Sheikh explained that these homes are provided to deserving families in Karnire who lack proper housing.

He further revealed that with the foundation stone being laid for the construction of 14 more houses. There is a plan to build 50 houses on this land again, on two and a half acres of land.

Kaup MLA Gurme Suresh Shetty lauded the trust for its compassionate service in sheltering the underprivileged.

Former MLA Mohiuddin Bava praised the legacy of Syeed Haji’s hard work, which has turned his family into a beacon of service and harmony. He remarked that the family’s actions have become a model for communal unity.

Federation of World Bunts Vice President Karnire Vishwanath Shetty said, “Even though I have added Karnire to my name, the credit for taking the small village of Karnire to the world level belongs to the Syeed Haji family. Karnire is a town where everyone lives in harmony, regardless of caste, religion or difference. While Hindus have helped in the reconstruction of the mosque here, the Muslim community has also joined hands in the construction of the Hindu temple.”

Speaking in the opening remarks, K.S. Ashraf recalled the guidance of his late parents, expressed his gratitude for their teachings of kindness and service, which continue to inspire the family’s charitable efforts. He said, “We should do good to people. Our father used to preach to wish others well. Seeing his preaching and service, we have continued it. It is a great loss that our father and mother are not with us today. If they were here, they would have been happy now.”

On this occasion, U.T. Khader honored K.S. Sheikh on behalf of Karnire Juma Masjid and Karnire Khidma Young Men’s Association.

Abdul Jalil MH of Design Plus Architects, contractor H.N.G.C. Hussain, and supervisor Ramesh Kotian were also recognized for their contributions.

Karnire Juma Masjid Qatheeb Umarul Farooq Saquafi performed the dua. Family elders M.K. Abdul Hamid Mulki, K.S. Aboobacker were present.

Also present during the program were Balkunje Grama Panchayat President Mamata D. Poonja, Harishchandra Shetty, Karnire Juma Masjid President Muhammad Ali, Adv. Bhaskar Shetty, Kote Shekhabba Kannangar, T.K. Muhammad Kote Palimaru, Karnire Harishchandra Shetty, Khidma Youngmen’s President Khidma B.N, Ismail, K.S. Ashfak.

K.S. Ashraf delivered the welcome address, K.S. Abdul Rahim offered a vote of thanks, and Muhammad Ali Kammaradi moderated the event.

source: http://www.english.varthabharati.in / Vartha Bharati / Home> Karavali / by Vartha Bharati / January 05th, 2025

Thumbay Group to open Sharjah’s first private psychiatric, rehabilitation hospital

Business & Economy, Karnataka (under research project), Leaders, NRI's / PIO's, Science & Technology, World Opinion, , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Mangaluru, KARNATAKA / Ajman / Sharjah, U.A.E:

Sharjah (UAE): 

In a first, the Thumbay Group has announced plans to establish the region’s first private Psychiatric and Rehabilitation Hospital in Sharjah Healthcare City. The Hospital is set to become the largest private facility of its kind in the region.

The hospital will focus on Innovation and Patient-Centered Care and the hospital is equipped to meet the highest clinical standards, offering Advanced Therapeutic Modalities, Comprehensive Rehabilitation Programs, Integrated Tele-health Solutions and Precision Medicine among others.

The hospital’s multidisciplinary model includes psychiatrists, psychologists, addiction counselors, family therapists, physical therapists, and occupational specialists, ensuring a holistic and individualized approach to patient care.

Thumbay Psychiatric and Rehabilitation Hospital will be developed in two phases. Phase 1 includes 60 inpatient beds and 12 outpatient clinics (OPDs) and Phase 2 adds another 60 beds, bringing the total capacity to 120 beds. Construction is set to begin in June 2025, with the hospital expected to be operational by mid-2026.

Key Features of the Hospital:

1. Psychiatric Care:

  • Diagnosis and Treatment.
  • Therapeutic Interventions.

2. Rehabilitation Services:

  • Substance Abuse Rehabilitation

3. Long-term Care and Aftercare:

  • Aftercare Programs
  • Inpatient VIP Villas.

4. Swimming Pool and Spa

5. A mosque (Thumbay Masjid) with a capacity for 500-600 worshippers, open to the public.

Commitment to International Standards

Thumbay Psychiatric and Rehabilitation Hospital seeks to achieve Commission on Accreditation of Rehabilitation Facilities (CARF) certification, reflecting its adherence to rigorous global benchmarks in safety, quality, and effectiveness. The hospital will also comply with all UAE healthcare regulations, further emphasizing its commitment to ethical and evidence-based practices.

Dr. Thumbay Moideen, Founder and President of Thumbay Group, said, “This is the first private Psychiatric and Rehabilitation Hospital in the region, catering to regional and international patients seeking world-class care. Our goal is to make it the best facility serving the community.”

In a statement, His Excellency Dr. Abdelaziz Al Mheiri, Chairman of Sharjah Health Authority and Sharjah Healthcare City, lauded the initiative, saying, “This project aligns with our vision for Sharjah Healthcare City, where we prioritize all aspects of healthcare. Mental health is increasingly critical and often overlooked, and we are proud to host such a pioneering hospital.”

source: http://www.english.varthabharati.in / Vartha Bharati / Home> Gulf / by Vartha Bharati / December 26th, 2024

The Untold Struggles of Rajgarh’s Muslim Jewelers: Mastering Art But Losing Identity

Arts & Crafts / CraftsPersons (wef. January 14th, 2025), Business & Economy, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Losal Village (Sikar District), RAJASHTAN / Biawara (Rajgarh), MADHYA PRADESH :

The craftsmen at work

A legacy of craftsmanship is slowly fading into obscurity in the quiet lanes of Rajgarh, Madhya Pradesh. A family of Muslim jewellers, whose silver jewellery designs once captivated the rural heartland, have spent over six generations perfecting their art. Adored by countless women in villages, their intricate silverwork remains unmatched in the region. Yet, despite their unmatched skill and devotion, they have never been able to secure the recognition they deserve.

While they have brought distinction to larger jewellers, they struggle to establish an identity of their own. What began with hopes of creating a unique legacy now faces the grim reality of unfulfilled dreams, as the next generation begins to shy away from this art form.

Originally from Losal village in Rajasthan’s Sikar district, Eliasuddin moved to Rajgarh’s largest city of Biawara almost 55 years ago with his father and three brothers. They hoped to take their craft to new heights and believed that their unique art would bring them fame and success.

However, after more than half a century, they remain simply skilled craftsmen. Their work is limited to sustain their families. Seeking more secure and rewarding careers, the next generation is now stepping away from the family tradition. They say that the job only brings enough to survive, not thrive.

Eliasuddin explains that they specialise in ‘Pola’ work — a technique that involves crafting silver jewellery, particularly popular in rural areas. “We are from Losal village in Rajasthan’s Sikar district. We came from Jaipur to Rajgarh about 55 years ago and began our work in Biawara city. Local gold and silver traders provide us with work, and we design jewellery using our skills. We do not have logos or names on our designs. Most of our work is done by hand, with very little use of machinery. We even create our own tools by hand, as we often need specific designs that are not available in the market,” he says.

The family has been in this craft for six generations, with Eliasuddin’s sons and brothers continuing the work. Now 97, his father is still an expert in the art. Despite this legacy, their financial situation has remained difficult. “We dedicated our entire lives to this craft, but we have never been recognised for it. We never achieved the success we thought would come with our hard work. No matter how much we poured into it, we never got the recognition we deserve,” he says.

Altaf Hussain, Eliasuddin’s eldest son, adds, “We work hard, but we are just making ends meet. I am sending my son to pursue an MBA, and I hope the next generation steers away from this field. My father brought us here 55 years ago, and today, we still operate our business from a rented shop.”

Meanwhile, sharing his concerns, Eliasuddin’s younger son, Irshad, says, “I have two young children who go to school, but we cannot afford to send them to a private school because their fees are too high. Despite this, we continue to hope they will study and grow, as we never received the recognition or success, we feel we deserve from this work.”

All Photographs by the author

source: http://www.twocircles.net / TwoCircles.net / Home> India News / by Abdul Waseem Ansari, TwoCirlces.net / January 01st, 2025

Yameen, Zubair showcase their green urban transportation startup in Shark Tank India-4

Business & Economy, Green Products, Transport, , , , , , , , , , , , , , , , , ,

Srinagar, JAMMU & KASHMIR :

Sheikh Yameen, and Zubair Bhat, Co Founders of Zubair Curve Electrics at Shark Tank India- 4 Show

Two young Kashmiri men’s startup of providing eco-friendly urban transportation solutions may not have won them funding from the judges of Shark Tank India-4, a business reality show on Sony Television, but it won their immense admiration and exposed their successful business model to a larger world.

Sheikh Yameen, and Zubair Bhat, co-founders of Curve Electrics, got many heads nodding in appreciation when they said at the show in two years, their startup has helped environment by saving 145 metric tonnes of carbon emissions.

The mission Curve Electrics, launched in the summer of 2023, began with 50 e-bikes in Srinagar  from 11 docking stations, in collaboration with the Srinagar Smart City Limited (SSCL). The number of e bikes has since grown up to 150 in Srinagar.

They also provides these services In the neighbouring Ganderbal district’s Central University of Kashmir (CUK), and the Hindu shrine of Mata Kheer Bhawani, Tulamulla.

“We have already completed 55,000 rides, 720,000 km and have saved 145 metric tonnes of carbon emissions….it is equivalent to the planting of 7200 trees”, during the last one and a half years, said Sheikh Yameen, Managing Director of Curve Electrics.

At the show, Sheikh Yameen, and Zubair Bhat said though at present their operations are limited to Kashmir Valley, they wanted to expand operations to other mountain towns such as Shimla and Mussoorie.

 They also spoke about do business in college campuses across the country. They have shortlisted 1,400 campuses where they can expand their business. The entrepreneurs said that they have devised their bikes, and these are available through a mobile application and the users are not asked for seudirty deposits.

 Yameen said, “Shark Tank India gave us an incredible platform to share our dream of revolutionizing urban mobility. Coming from Srinagar, this journey represents not just Curve Electric, but the untapped potential of Kashmiri youth. We’re excited for what lies ahead”

Sheikh Yameen and his friend, Mohsin Bashir are the co-founders of this startup. Yameen had completed his MBA in Finance and Marketing from The University of Kashmir, while his friend Mohsin Bashir was studying Management in the US.

The two pitched their sustainable e-bike service Curve Electric to the panel of ‘sharks’, which included Anupam Mittal, Vineeta Singh, Aman Gupta, Peyush Bansal, and newcomer Kunal Bahl.

Peyush was “very impressed” by the entrepreneurs’ ability to erase all the onboarding issues that customers might have. Vineeta explained, “There is a little complexity here. There is a lot of dependence on governments, and from what I’ve seen in all the other companies, the setting that you have to do with governments and local bodies, becomes a make-or-break situation. Your expansion will not depend on your ambition; it will depend on where you get the local support”.

Yameen nodded in agreement, and said that they haven’t had any losses yet, and have raised a round of investment already, valuing their company at Rs 8.5 crore.

Each of them backed out of the deal, but Peyush bid the founders farewell at a positive note. Addressing Yameen, he said, “It’s like looking at a mirror, you are me. You are saying everything I would have said 10 years back. The detailed customer-focused obsession you have, I have not seen in Shark Tank in four years.” In the end, the two entrepreneurs walked away with no deal, but loads of positive wishes.

Curve Electric’s pitch stood out not just for its business potential but also for the pride it brought to Kashmir. The team’s efforts reflect the entrepreneurial energy brewing in the Valley, proving that innovation knows no boundaries, Sheikh Yameen observed.

He said that the overwhelming response from the sharks and viewers alike has bolstered Curve Electric’s vision and opened doors for new opportunities. By fusing modern solutions with the rich cultural backdrop of Kashmir, the startup is paving the way for a cleaner and more sustainable future, leaving an indelible mark on India’s entrepreneurial landscape.

source: http://www.awazthevoice.in / Awaz, The Voice / Home> Stories / by Ehsan Fazili, Srinagar / January 11th, 2025