Business

Louvain-la-Neuve (Belgium) [Europe], December 2:  Odoo S.A., a leading provider of integrated business software, today announced a $526 million transaction led by CapitalG and Sequoia Capital, with participation from BlackRock, Mubadala Investment Company, HarbourVest Partners, AVP, and Alkeon. This secondary capital transaction reflects strong confidence in the company’s vision and impact. As part of the transaction, existing investors Summit Partners, Noshaq, and Wallonie Entreprendre are selling a portion of their shares; Summit will remain Odoo’s largest institutional shareholder.Odoo’s goal is to reach 1,052,190,000,28$ in billings by 2027 Projected billings in the next 12 months = 683M$ Summit/Noshaq/Wallonie Entreprendre are selling some of their stakes in Odoo to CapitalG/Sequoia...

New Delhi [India], December 02: Entrepreneurs, investors, and stakeholders need to comprehend the impact of turnover on firm valuation. Turnover indicates a business’s operational stability, capacity for expansion, and sales effectiveness. To run a business smoothly, it is important to understand the meaning of turnover and analyse the connection between turnover, business value, and growth plans. What is Turnover? In the context of business, turnover meaning refers to the total revenues that a firm generates over a given period, usually expressed as an annual figure. It is a crucial indicator of a business’s ability to sell goods or services fast and is used to evaluate its financial performance. Low turnover could raise questions regarding inventory control and market positioning, wherea...

Goa [India], December 2:   S&J Villas & Hotels is a renowned hospitality brand headquartered in the scenic paradise of Goa, India. Known for its blend of warm hospitality, contemporary elegance, and personalised service, the company has firmly established itself as a leading chain offering branded hotels and villas. Catering to discerning travellers seeking bespoke holiday experiences, S&J ensures every guest feels the perfect balance of luxury and comfort. A Legacy of Hospitality Excellence From its inception, S&J has been driven by a singular vision: to redefine the concept of personalised hospitality. This vision is reflected in its meticulously designed villas, each uniquely tailored to blend luxury, style, and functionality. Whether it’s a romantic escape, a family vac...

New Delhi [India], December 02: Repaying an Education Loan requires careful planning to avoid financial stress later on. Many students today take out loans to fund their higher studies, both in India and abroad, thanks to attractive interest rates and easy application processes. However, managing repayment is key to staying on top of your finances. In this guide, we’ll explore effective ways to plan and manage your Education Loan repayment. How to Manage Education Loan Repayment? Here’s how you can manage your education loan repayment step-by-step: 1.   Understand the Terms and Conditions of Your Loan Before beginning to repay your Education Loan, it is important to understand its terms and conditions. Understanding these terms is important to plan your repayment strategies.Loan Amount –...

New Delhi [India], December 02: A powerful collaboration between CORtracker Inc., a global technology company led by NRI philanthropist Vikram Sagar Pasala, and Attorney Abdul Q. Arif has secured a significant compensation settlement for the family of Manideep Kolli, an Indian student tragically killed in a pool accident at Liv Apartments in Wichita, Kansas, last year. Attorney Arif, a dedicated legal professional with deep-rooted ties to Hyderabad, tirelessly fought for justice on behalf of the grieving family. The legal team successfully argued that the apartment complex was negligent in maintaining its pool, leading to the tragic incident. Vikram Sagar Pasala , Chairman and Founder of Cortracker played a crucial role in supporting the Kolli family by facilitating the transfer of the com...

Ayodhya (Uttar Pradesh) [India], December 2:  The soft glow of a laptop screen illuminated a small room in Ayodhya, where a young software engineer was about to change the trajectory of financial technology in India. This was Anvesh Tiwari’s world – a universe where numbers, algorithms, and technological possibilities converged. The genesis of Laraware Private Limited traces back to 2018 when Anvesh, an MTech graduate, began his journey as a freelance software developer, focusing exclusively on financial technology solutions. What started as an individual pursuit quickly turned into a comprehensive technological powerhouse that has since developed over 5,000 web applications tailored to the financial sector. “The essence of fintech is not just about creating software,” Anvesh explains, “it...

Mumbai (Maharashtra) [India], November 29:  The newly launched lead management system (LMS) in July 2024 for the B2B franchise marketplace is a technology-driven solution designed to streamline the process of connecting franchise owners with potential investors. It allows businesses to prepare their own detailed catalogue, access a dashboard, capture and track leads, advertise, and manage potential business opportunities in an organized and efficient manner. Mr. Shyam Singh, the CEO of Franchise Discovery, says, “Our LMS fosters direct communication between parties without involving any middleman. By creating a seamless connection and facilitating informed decisions, it empowers franchise businesses to expand into multiple locations while providing investors with lucrative opportunities. T...

Greater Noida (Uttar Pradesh) [India], December 2:  Sharda Hospital, Sharda Care – Health city, and Sharda Welfare Foundation proudly extend their support to the Annual Sports Day organised by Cornerstone India Foundation, a Special School and Therapeutic Centre in Greater Noida. Held at the Shaheed Vijay Singh Pathik Football Stadium, the event took place on November 29, 2024, and was a remarkable celebration of inclusion, determination, and resilience. Organised in alignment with the International Day for Persons with Disabilities, this event provided an inspiring platform for children with special needs and underprivileged backgrounds to showcase their abilities. The day featured a range of competitive and fun activities designed to accommodate diverse abilities. Highlights included ska...

Mumbai (Maharashtra) [India], December 02: The luxury housing market in India is witnessing a remarkable surge, driven by a growing preference for exclusivity, enhanced lifestyles, and premium living spaces. Despite global economic uncertainties, the demand for high-end properties in India has shown resilience, underscoring the confidence of affluent buyers in the long-term value of premium real estate. A Market on the Rise Recent data from CREDAI-MCHI reveals an 18% increase in total sales value across India’s top seven property markets, amounting to ₹279,309 crore in the first half of FY 2024-25. Notably, this growth comes despite a 3% dip in the number of units sold, highlighting a clear shift in consumer preference toward luxury homes. The average price per home has risen sharply to ₹...

Mumbai (Maharashtra) [India], December 02: The eagerly awaited Plastics Recycling World Expo India and Compounding World Expo India is scheduled to take place on May 14-15, 2025, at the prestigious Bombay Exhibition Centre in Mumbai. Organized by Asia’s largest Polymer market intelligence company Polymerupdate in partnership with global industry leader AMI, this event promises to be a transformative platform for India’s plastics recycling and compounding industries. With a stellar line up of confirmed exhibitors, the expo is already generating interest as a must-attend event for stakeholders, innovators, and industry leaders across the globe. Featured Exhibitors Include: – Apar Industries – Apex Technoplast Pvt Ltd – Autotech Sirmax – BUSS AG – Concord United Product Pvt Ltd – Diyani Engin...