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County Group acquires ₹400-Cr land parcel in Wave City NH24, Ghaziabad

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NCR-based real estate developer County Group has purchased a 13.3-acre land parcel in Wave City, NH24, Ghaziabad, for approximately ₹400 crore, according to sources familiar with the matter.

Wave City, a smart city project by the Wave Group, is located next to NH-24 and covers more than 4,200 acres. The group has previously sold several land parcels to other real estate developers to generate funds.

County Group plans to develop around 1,000 residential units on the newly acquired land, offering four different apartment sizes, with the total construction area spanning over 3 million square feet.

“Buyers are keen to invest in the projects by the developer since previous projects by the developer have consistently yielded significant returns for investors, with many reporting a 3x to 4x appreciation on their initial investments. Also, Wave City NH24 has emerged as a rapidly growing residential hub and is benefited by infrastructure and connectivity to Delhi and other NCR regions,” said Sachin Arora, founder of Moneytree Realty.

The operational Hindon Airport, now offering commercial flights, significantly boosts the location’s connectivity. The upcoming Jewar International Airport will also boost property values. Once fully functional, Jewar Airport will handle millions of passengers annually, fueling economic growth and drawing increased investment into the region.

County Group has already delivered three major projects:

  • Coco County, a 12.21 lakh sq. ft. premium residential development in Sector 10, Greater Noida (West)
  • Ivy County, a 14.74 lakh sq. ft. luxury project located in Sector 75, Noida
  • County 107, a 14.78 lakh sq. ft. development in Sector 107, Noida, recognized as the city’s first ultra-luxury residential project.

Meanwhile, Wave Group has sold land to more than six developers to enhance its cash flow. Collectively, these developers plan to construct approximately 15 million square feet of real estate over the coming years.

County Group’s strategic land acquisition in Wave City, NH24, Ghaziabad, underscores the growing investor confidence in the region’s real estate potential. County Group plans to develop 1,000 residential units and leverage its proven track record of premium projects to further strengthen its presence in the NCR property market.

Horizon3.ai in talks to raise $100 Mn in new round

Horizon3.ai, a cybersecurity startup known for its autonomous penetration testing tools, is in the process of raising $100 million in a new funding round and has already secured at least $73 million, according to a recent SEC filing.

The round is being led by NEA, as confirmed by two individuals familiar with the matter. One source estimated the company’s valuation at over $750 million, although it remains unclear whether this figure is pre- or post-money. Another source stated that the company has either completed or is about to complete the full $100 million raise and generates approximately $30 million in annual recurring revenue.

With this deal, Horizon3.ai marks NEA’s second significant investment in a cybersecurity startup within a month, following Veza’s $108 million funding round announced in April at an $800 million valuation.

Back in August 2023, Horizon3.ai secured $40 million in a Series C round led by Craft Ventures, with participation from SignalFire. That funding raised the company’s total capital to $78.5 million and aimed to expand its R&D efforts, strengthen channel partnerships, and grow its engineering team, according to co-founder and CEO Snehal Antani.

A team of former U.S. Special Operations cyber operators, entrepreneurs, and cybersecurity experts founded Horizon3.ai in 2019. Prior to co-founding the company, CEO Snehal Antani served as CTO at Splunk and led cyber teams within the U.S. Military’s Joint Special Operations Command.

As AI-powered attacks become increasingly sophisticated and widespread, the San Francisco-based startup offers autonomous threat detection tools designed to help organizations defend against these emerging threats.

In a significant milestone, Horizon3.ai received FedRAMP authorization earlier this month, allowing it to sell its cybersecurity solutions to U.S. federal agencies. Additionally, in February, the company reported 101% year-over-year revenue growth and surpassed 150% of its Q4 pipeline goals, although it did not disclose specific figures.

Horizon3.ai’s latest funding round underscores growing investor confidence in AI-driven cybersecurity solutions, as threats continue to evolve in complexity and scale. With strong backing from major firms like NEA, rapid revenue growth, and recent FedRAMP authorization, Horizon3.ai is well-positioned to expand its footprint in both commercial and government sectors. Its unique foundation—built by cybersecurity veterans and ex-military operatives—gives it a strategic edge in tackling today’s most advanced cyber threats.

Imarticus Learning acquires MyCaptain for Rs 50-Cr

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Mumbai-based upskilling company Imarticus Learning has acquired Bengaluru-based education platform MyCaptain in a cash-and-stock deal worth ₹50 crore. MyCaptain focuses on helping college students, fresh graduates, and early-stage professionals develop skills and explore careers in emerging, non-technical domains.

The platform has established a presence in over 1,500 campuses, with 60% of its users hailing from Tier II and III cities and 80% aiming for creative or entrepreneurial careers.

This acquisition aligns with Imarticus Learning’s strategy to expand its reach to 5 million learners over the next three years, particularly in smaller cities. By bringing MyCaptain under its umbrella, Imarticus enters the college skilling space with access to 60+ live, cohort-based programs centered on new-age career paths. MyCaptain claims to have supported over 500,000 learners so far.

By incorporating MyCaptain’s employability boot camps—covering domains like digital marketing, design, and content creation—Imarticus Learning aims to expand its presence in offline education. The company plans to roll out these offerings through 20+ physical classroom centers across more than 16 cities.

“Our collaboration with MyCaptain marks a pivotal step in strengthening Imarticus’ vision to be the lifelong career partner for learners across their journey,” Nikhil Barshikar, founder and CEO of Imarticus Learning, said.

The acquisition of MyCaptain marks Imarticus Learning’s fourth acquisition in the past four years, following its takeovers of Hero Mindmine, game-based learning platform StratOnBoard, and social learning platform Eckovation. According to Barshikar, while earlier acquisitions enabled the company to broaden its offerings and cater to changing learner demands, MyCaptain will play a crucial role in enhancing accessibility to non-tech career paths and accelerating the company’s expansion into Tier II cities and beyond.

With the acquisition, Imarticus’s team will grow to over 850 people.

Mynavi India Group, a subsidiary of Japan’s leading HR firm Mynavi Corporation, was among the investors in MyCaptain.

Founded in 2012 by Nikhil Barshikar and Sonya Hooja, Imarticus Learning aims to bridge the skill gap by offering industry-aligned education, specialized training, career support, and mentorship. Its programs prepare learners for careers in areas such as finance, data science, analytics, technology, marketing, and management—catering to the dynamic demands of today’s job market.

“MyCaptain began as a movement to challenge the status quo and open up alternate career paths for students across the country,” said Mohammed Zeeshan, co-founder and CEO of MyCaptain.

“With Imarticus’ scale and Nikhil and Sonya’s shared belief in our mission, we now have the chance to take everything we have built and scale it even further, making new-age careers more accessible and achievable for more than 1 million students across India,” he added.

IPO-bound Imarticus Learning claims to have empowered over 1 million learners to date and enabled the placement of more than 75,000 individuals through collaborations with a network of 3,500+ employer partners.

Imarticus Learning’s acquisition of MyCaptain marks a strategic move to deepen its presence in the college skilling space and expand access to non-tech career pathways, especially in Tier II and III cities. With a growing learner base, strong employer partnerships, and a series of targeted acquisitions, the IPO-bound company is positioning itself as a leading force in India’s evolving edtech and upskilling landscape.

Snabbit raises $19 Mn from Lightspeed to fuel growth in rapid delivery market

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Snabbit, a rapid delivery-focused quick service provider, has secured $19 million (approximately ₹160 crore) in a new funding round led by Lightspeed, with continued support from existing investors Elevation Capital and Nexus Venture Partners, according to founder Aayush Agarwal.

Specializing in rapid delivery of household assistance, Snabbit offers trained professionals within 10 minutes for tasks like general cleaning, dishwashing, laundry, and more — redefining convenience in the at-home services segment.

This latest funding round comes just four months after Snabbit raised $5.5 million in its Series A. It also follows Pronto’s announcement of a $2 million seed funding round.

Beyond Snabbit and Pronto, the rapid delivery model is gaining serious traction among investors. Startups like Slikk and others are increasingly attracting funding as they continue to innovate and create new layers of demand within the evolving quick commerce ecosystem.

However, Agarwal does not worry about competition. “Be it Urban Company, Pronto, Pync, or any other startup, we are not bothered. They have copied what Snabbit built and are currently solving the problems we had solved one year ago,” Agarwal said in the interview.

Even with similar business models and rising competitors, success ultimately depends on execution. As an early entrant in the space, Snabbit holds a competitive advantage, he explained. “All our rivals came up with the idea only after us. So, it becomes our battle to lose, not their battle to win,” Agarwal added.

Agarwal did not disclose the company’s current valuation.

Based in Mumbai, Snabbit has so far concentrated its operations in select areas of Bengaluru and Mumbai. With the fresh infusion of capital, the company plans to rapidly scale its presence across India.

According to Agarwal, Snabbit aims to expand into more than 200 micro-markets across metro cities within the next nine months.

Zepto has emerged as one of India’s most prominent consumer internet startups, having raised nearly $2 billion from various investors.

Interestingly, Nexus Venture Partners and Lightspeed — both major backers of Snabbit — are also investors in Zepto, highlighting growing investor confidence in the quick commerce and instant services sector.

“We closed the round in under a week’s time; that should tell you,” Agarwal said when asked about the investor sentiment around companies in the space.

Rahul Taneja, partner at Lightspeed, said Snabbit “is transforming home services in India by bringing speed, structure, and trust to a sector that has largely operated informally until now.”

“Snabbit continues to execute with clarity and purpose in a space that’s long overdue for change,” said Suvir Sujan, co-founder and managing director, Nexus Venture Partners. “They’ve taken a complex, hyperlocal problem and built a scalable, full-stack solution that delivers value to both consumers and professionals.”

Snabbit’s rapid rise and strong investor backing reflect the growing momentum in India’s quick commerce and instant service space. With an ambitious expansion plan, experienced leadership, and support from prominent VCs, Snabbit is positioning itself as a frontrunner in this evolving market. As execution becomes the key differentiator, the company’s early-mover advantage could prove critical in staying ahead of the curve.

Royal Orchid Hotels achieves ₹343.18-Cr revenue in FY25 results

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Royal Orchid Hotels Ltd. (ROHL), among India’s rapidly expanding hospitality brands, has announced strong financial results for the fiscal year ending March 31, 2025. Driven by continued growth in domestic travel and an expanding property portfolio, the company is strengthening its foothold in the Indian hospitality market through solid earnings and strategic growth plans.

For FY25, Royal Orchid Hotels reported a consolidated income of ₹343.18 crores, up from ₹312.70 crores in FY24—demonstrating the effectiveness of its portfolio approach and consistent revenue growth from existing properties. The company also reported a robust return on capital employed (ROCE) of 17.32%, indicating strong profitability and effective use of capital.

Royal Orchid Hotels recorded a consolidated cash profit of Rs 68.22 crores for the year, with earnings per share (EPS) standing at Rs 17.23. In the quarter ending March 2025 (Q4 FY25), the company reported an income of Rs 92.34 crores, up from Rs 82.30 crores in the same quarter the previous year.

Chander K. Baljee, Chairman & Managing Director, said, “We’re thrilled to have delivered balanced portfolio growth across regions while introducing new travel experiences to our global patrons. The momentum in travel has continued, and we have paid a lot of attention to what our customers have said and continue to strategically enhance and upgrade our assets and offerings, catering to the evolving needs of the Indian guest. With 30+ hotels signed across the country and a growing pipeline, we are gearing up to cater to the diverse needs of travelers across segments. Our focus on return of capital is paramount, and we continue to measure that metric with a keen eye while delivering increases in same-store revenue across the portfolio. We look forward to continuing to deliver sustainable growth as we continue with our strong expansion plans for the coming quarters.” 

The group’s EBITDA for the year reached Rs 96.78 crores, a slight increase from Rs 95.16 crores in FY24. Profit after tax was Rs 47.50 crores, showing a small decline from Rs 50.82 crores the previous year. Despite this marginal dip, the company maintains a stable financial path with ongoing positive cash flows and strong returns for investors.

In alignment with its asset-light growth strategy, Royal Orchid has signed over 30 new hotel deals across India. Arjun Baljee, president, said, “Our asset-right model has enabled us to sign a record number of new deals, taking our pipeline to over 30+ properties across segments and brands. The successful opening of 14 new Regenta hotels (963+ keys) has further strengthened our presence in the midscale and value segments. We are diversifying our portfolio with new brands catering to different segments and look forward to the opening of Iconiqa Hotel Mumbai International Airport, which is a category-defining upscale lifestyle hotel in India.”

The upcoming property at Mumbai Airport’s Terminal 2 aims to become a key asset in Royal Orchid’s portfolio, targeting upscale travelers and business professionals. This development aligns with the brand’s ongoing push into premium lifestyle offerings while continuing to strengthen its presence in the mid-market and business hotel segments.

Currently, the Royal Orchid and Regenta network includes over 110 hotels nationwide, featuring more than 90 operational Regenta hotels. Regenta remains the group’s primary growth driver, with sub-brands like Regenta Central, Regenta Resort, Regenta Place, and Regenta Inn catering to a wide range of market segments from budget to upscale.

To boost guest retention and brand loyalty, the company is actively enhancing its Regenta Rewards loyalty program. Moreover, this initiative will unify the entire hotel portfolio under a single platform, thereby delivering consistent and rewarding experiences.

Royal Orchid Hotels continues to solidify its position as a leading player in India’s hospitality sector through strategic property additions, a diverse portfolio, and a strong focus on customer loyalty.

With its upcoming premium airport property and a robust network under the Regenta brand, the company is well-equipped to meet the evolving needs of both leisure and business travelers while delivering sustained financial stability and growth.

Agritech startup GROWiT raises $3 Million in funding round

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Agritech startup GROWiT India announced on Wednesday that it has secured $3 million in a funding round led by GVFL. According to the company’s statement, additional investors included Veloce Opportunities Fund, JITO, We Founder Circle, Sunicon Ventures Fund, Progrowth Ventures, and Hyderabad Angels.

GROWiT plans to use the capital to pursue its ambitious expansion strategy, enhance its research and development capabilities, and upgrade its technology infrastructure to provide better support for farmers.

Mihir Joshi, Managing Director, GVFL, said, “Agriculture in India still lags behind in terms of technological advancements. GrowiT has a large innovation product portfolio and pan-India distribution channel. They are helping farmers grow more and earn better by focusing on solving these key problems at an affordable cost and with easy accessibility. They are making climate-friendly, sustainable farming methods more affordable and effective. As a fund, this is a key focus area for us, and we see GROWiT as a strong player emerging in this segment.”

“GROWiT aims to transform agriculture by increasing yields, cutting input costs, and driving sustainable farming, positioning us as a comprehensive, one-stop solution for farmers,” GROWiT founder and CEO Saurabh Agarwal added.

“With climate change emerging as a huge challenge in the agriculture sector, it is essential that we build resilience with the help of technology. The majority of India still depends on agriculture; however, the sector is still starved of technology due to it being inaccessible or too expensive. At GROWiT, our commitment is towards developing sustainable agriculture with optimization of productivity by making available affordable tools like India’s First Pocket-Friendly Soil Health Testing Device, which provides soil composition insights and crop recommendations tailored to soil types. GROWiT aims to transform agriculture by increasing yields, cutting input costs, and driving sustainable farming, positioning us as a comprehensive, one-stop solution for farmers,” he also added.

In April 2025, farmers and agricultural partners responded positively when GROWiT introduced India’s first pocket-friendly soil testing device. The agritech startup’s also offers a range of flagship products—such as mulch films, crop covers, and weed mats—aimed at enhancing crop protection, increasing agricultural productivity, and encouraging sustainable farming practices.

Currently, GROWiT operates through a robust on-ground franchise network of over 650 partners across 12 states, impacting more than 225,000 farmers with its innovative products and services.

Apeejay Surrendra Park Hotels achieves ₹84-Cr net profit in FY25

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Apeejay Surrendra Park Hotels Limited (ASPHL) has announced its financial results for Q4 and the full fiscal year FY2025, reporting strong performance across key metrics.

For FY25, the company posted a net profit of ₹84 crore, marking a 21% year-on-year increase. EBITDA rose 10% YoY to ₹226 crore. In Q4 alone, ASPHL registered a net profit of ₹72 crore, a significant 44% rise compared to the same period last year. The company also achieved an industry-leading occupancy rate of 92% during Q4 FY25. Notably, ASPHL declared its first-ever dividend of ₹0.5 per share for the financial year ending March 31, 2025.

The company has fueled its impressive growth by strategically expanding into emerging Tier 2 and Tier 3 markets. Furthermore, recent initiatives—such as the acquisition of Zillion Hotels and Resorts and the launch of Zone Connect by The Park in Jaisalmer—are actively redefining the hospitality experience in India. These developments, in turn, align seamlessly with ASPHL’s vision to strengthen its footprint and broaden its portfolio of upscale and upper mid-scale properties.

Looking ahead, the group aims to more than double its key count to 5,048 over the next five years; The company will notably develop 830 of these keys under its owned projects.

Commenting on the Q4 & FY25 performance, Vijay Dewan, managing director, Apeejay Surrendra Park Hotels, said, “2024-25 has been a standout year for the company in terms of growth and progress. This success was made possible by the commitment and dedication of our teams. Quarter 4 has been our best ever performance, with topline growth of 16 percent and EBITDA growth of 22 percent. THE Park Hotels achieved India’s highest occupancy of 92 percent and maintained its leadership in RevPAR in the upper upscale segment. Flurys also continued its robust trajectory with a 34% growth during the same period.”

“We are also thrilled to announce our first-ever dividend of 50 percent. This is a milestone event in the history of the company and is a reflection of our growth momentum and commitment to share our success with those who believe in us,” he added.

Apeejay Surrendra Park Hotels Limited’s strong financial performance in FY25—highlighted by significant profit growth, high occupancy rates, and strategic expansion—clearly underscores its robust position in India’s hospitality sector.

Elon Musk’s Neuralink raises new funding at $9 Bn valuation

Elon Musk’s brain implant company, Neuralink, has secured $600 million in funding, placing the company’s valuation at $9 billion prior to the new investment, according to sources familiar with the matter.

Privately executed stock transactions reported that investors valued the startup at approximately $5 billion in 2023. Earlier, the company raised $280 million in a funding round led by Peter Thiel’s Founders Fund.

Neuralink is currently testing its brain implant device, that will assist people with spinal cord injuries. The technology has enabled the first patient to play video games, browse the internet, post on social media, and control a cursor on a laptop using only brain signals.

In April, reports indicated that Neuralink planned to raise about $500 million. Earlier this month, the company’s speech restoration device received the U.S. Food and Drug Administration’s (FDA) “breakthrough” designation, a significant milestone signaling the device’s potential impact.

Elon Musk has ambitious plans for Neuralink’s technology, envisioning it as a tool not only for treating conditions like obesity, autism, depression, and schizophrenia but also for everyday applications such as web browsing and even telepathy. He imagines a future where healthy and disabled individuals can visit local facilities for quick and easy surgical implant procedures.

With its latest funding round and FDA breakthrough designation, Neuralink is rapidly advancing toward transforming how brain-computer interfaces can improve lives. Backed by significant investment and visionary leadership, the company is poised to make major strides in medical technology and reshape the future of human-machine interaction.

From Back-of-House to Breakthrough: Siddharth Kochhar’s The BOH Labs is Reimagining Indian Hotels

With over a decade of experience spanning some of the most disruptive names in Indian and international hospitality, including FabHotels, Bloomrooms, OYO, and Wyndham Hotels & Resorts—Siddharth Kochhar has seen the inner workings of the industry from the ground up. As the former Development Manager for Wyndham in the Eurasia region, he led the expansion of a portfolio that included over 70 operational hotels and nearly 50 in the pipeline, bringing global brands like Ramada and Wyndham Garden to new markets across India, Nepal, Bhutan, and Sri Lanka. As the Founder of The BOH Labs, a design-led hospitality startup, Siddharth is focused on transforming overlooked hotel assets into modern, community-centric spaces powered by technology and driven by purpose.

In this exclusive conversation with Business Review Live, Siddharth Kochhar shares what inspired The BOH Labs, how his past shaped the present, and what the future looks like for India’s new wave of hospitality—where every square foot is thoughtfully designed, every process optimized, and every guest experience deeply local yet universally modern.

1. What inspired the launch of The BOH Labs in 2024, and what does the name stand for?

The idea for The BOH Labs emerged from a clear market gap in India’s mid-scale hospitality segment. While the luxury boutique hotel market is booming—with projected revenues of USD 1.28 billion by 2030—mid-tier hotels remain underserved. Globally, hotels have evolved into social hubs, blending design, function, and community. I wanted to bring that experience-first, design-led approach to Indian hotels that often lack identity and connection.

We saw an opportunity to transform underperforming, unbranded hotels into vibrant spaces that foster creativity, community, and seamless guest experiences. The name “The BOH LABS” reflects this vision: “BOH” stands for back of house—the operational core of a hotel, which we believe holds untapped potential. “Labs” highlights our data-driven, solution-oriented approach to rethinking hospitality from the inside out. Our mission is to democratize great design and elevate guest experiences across India’s growing hospitality landscape.

2. What are the core pillars of The BOH Labs hospitality model?

The BOH LABS stands on three key pillars—design-forward, tech-driven, and culture-immersive—each shaping how we reimagine hospitality for today’s traveler.

  • Design-forward means crafting purposeful spaces that are both aesthetically striking and operationally smart, blending modern sensibilities with local flavor.
  • Tech-driven hospitality enables seamless experiences through digital concierge services, contactless check-ins, and energy-efficient systems that improve both guest satisfaction and back-end efficiency.
  • Culture-immersive design ensures every property feels rooted in its location—through collaborations with local artists, community events, and regionally inspired materials—offering guests a deeper, more authentic connection to the place.

3. What approach does The BOH Labs take to reimagine and reposition existing hotels as modern lifestyle properties?

At The BOH Labs, we revitalize underperforming hotel assets by turning them into design-forward, tech-enabled lifestyle hotels. The transformation starts with optimizing often-overlooked back-of-house areas to improve operational flow. Public spaces like lobbies and lounges are reimagined to be multifunctional, guest-centric hubs. We collaborate with architects, designers, and planners to ensure each space blends aesthetics with efficiency. Our brand team ensures every property reflects a strong identity, while smart technology—like digital concierge services—is seamlessly integrated to enhance both guest experience and operations. The result is a modern, community-driven hotel that resonates with today’s traveler.

4. Can you walk us through the business and revenue model that drives The BOH Labs?

The BOH Labs operates on a flexible, multi-channel revenue model designed for scalability and long-term growth. At its core, the business focuses on building strong lifestyle hotel brands that resonate with modern travelers. Depending on the partner’s needs, we offer a tailored mix of franchise agreements, management contracts, and revenue-sharing models. This hybrid approach allows both large hospitality players and independent hotel owners to benefit from our proven framework while maintaining operational flexibility. By combining strategic partnerships with design-led transformation, The BOH Labs drives sustainable profitability and brand-led growth across India’s evolving hospitality sector.

5. How is The BOH Labs integrating technology to redefine the modern hotel stay?

At The BOH Labs, technology is central to creating a seamless, personalized, and contactless guest experience. We integrate advanced Property Management Systems (PMS) to streamline operations, enabling smooth check-ins, real-time service requests, and efficient resource management.

Our digital concierge services, available via mobile apps or in-room devices, allow guests to request services, access information, and book experiences directly from their smartphones. Features like keyless entry and automated messaging further enhance convenience and personalization while reducing the need for physical interaction.

We also leverage smart tech to optimize underutilized spaces such as lobbies and lounges, turning them into revenue-generating social hubs. This tech-driven approach not only elevates guest satisfaction but also improves operational efficiency—positioning The BOH Labs as a leader in modern, future-ready hospitality.

6. What design philosophy drives The BOH Labs’ approach to shaping its properties?

At The BOH Labs, design goes beyond aesthetics—it’s functional, emotional, and deeply contextual. Every project begins by asking: How do people move, feel, and work in this space? That insight drives our highly personalized, ground-up design approach.

We immerse ourselves in each property—observing workflows, speaking with staff, and studying the environment. Our team conducts micro-level research on everything from lighting and ventilation to storage ergonomics, ensuring that every design choice supports both guest comfort and staff efficiency.

We also collaborate with local artisans and designers, blending regional materials with our tech-forward hospitality systems to create spaces that feel natural, not forced. For us, great back-of-house design should be invisible—supporting seamless operations without calling attention to itself. This thoughtful, human-centric approach ensures that each The BOH Labs hotel delivers a design-led experience that’s both intuitive and unforgettable.

7. How does The BOH Labs balance showcasing local culture in each property while maintaining a consistent brand identity?

At The BOH Labs, we ensure every property reflects its local culture while staying true to our design-forward, community-driven brand identity. We do this through a thoughtful mix of local sourcing and strategic design integration.

Each hotel incorporates locally sourced materials, regional art, and handcrafted furnishings that celebrate the area’s heritage. This not only supports local artisans but also creates a sense of authenticity and place for guests.

To maintain brand consistency, we align every element—color palettes, lighting, textures, and layouts—with The BOH Labs’ signature aesthetic: modern, functional, and culturally immersive. The result is a unique yet cohesive experience, where each property feels rooted in its location while unmistakably part of the BOH Labs family.

8. What types of communal and interactive spaces does The BOH Labs incorporate into its hotels, and what purpose do these spaces serve?

At The BOH Labs, communal spaces are a core part of our hospitality concept. We design each hotel to foster connection, creativity, and productivity, offering more than just a place to stay.

Our properties feature multi-purpose lobbies, co-working lounges, rentable podcast studios, content creator zones, and hybrid event venues. These spaces are thoughtfully designed with comfortable seating, high-speed internet, communal tables, and charging points—perfect for working, networking, or relaxing.

By integrating these interactive, shared environments, we cater to digital nomads, business travelers, and modern explorers who value community and flexibility. It’s all part of our mission to create hotels that feel more like dynamic social hubs than just accommodations.

9. What are the key challenges facing independent hoteliers today, and how does The BOH Labs address these issues?

Independent and small hoteliers often struggle with operational inefficiencies, limited access to hospitality technology, lack of brand identity, and the challenge of competing with large hotel chains. Tight budgets make it difficult to upgrade properties or deliver consistent, high-quality guest experiences.

At The BOH Labs, we solve these challenges through a holistic hospitality solution that combines design-led transformation, tech-enabled operations, and strategic brand building. We revamp both back-of-house and guest-facing areas to improve efficiency and appeal, working with local designers and consultants to create spaces that are operationally smart and visually compelling.

Our tech stack includes PMS integration, keyless entry, digital concierge services, and dynamic pricing, helping small hotels modernize without heavy upfront investment. We also help partners craft a distinct lifestyle hotel brand that blends local culture, community engagement, and modern design—enabling them to stand out, scale effectively, and drive sustainable profitability.

10. What strategies does The BOH LABS use to involve local artists and community members?

At The BOH Labs, community integration is core to our brand. We actively collaborate with local artists, performers, and businesses to make each property a vibrant reflection of its surroundings.

  • Local Art Curation: We showcase original works by regional artists across our spaces—each piece adds cultural depth and gives local creatives a platform.
  • Cultural Programming: Our hotels host live performances, pop-ups, and creative workshops, connecting guests with the local scene.
  • Support for Local Business: From sourcing produce for our kitchens to stocking local goods in retail corners, we amplify neighborhood entrepreneurs.
  • Artist Pop-Up Stores: We create rotating micro-retail spaces where designers and makers can sell directly to guests—no barriers, just visibility.
  • Local Hiring: We prioritize hiring from the community to keep guest experiences authentic and rooted in local energy.

11. What roadmap has The BOH Labs outlined for its expansion and growth?

The BOH Labs is actively expanding across India’s Tier 1 cities—including Mumbai, Delhi NCR, Bengaluru, and Hyderabad—to refine our model in high-demand, operationally complex markets. These cities allow us to build scalable systems, showcase strong case studies, and partner with both legacy and emerging hospitality players.

Looking ahead, we plan to enter Tier 2 and Tier 3 cities like Jaipur, Indore, Kochi, Varanasi, and Bhubaneswar, where the hospitality sector is booming but still underserved by efficient infrastructure. These culturally rich markets offer incredible opportunities for design-forward, tech-enabled hotel transformations.

Our 24-month target is to onboard at least 10 new properties, primarily in Tier 1 markets, with each hotel acting as a flagship example of The BOH Labs in action—delivering enhanced guest satisfaction and operational efficiency.

While international expansion—particularly in Southeast Asia and the Middle East—is on our long-term roadmap, our current focus remains on scaling responsibly across India, city by city.

Visit the Official Websitewww.thebohlabs.com

Connect on LinkedInSiddharth Kochhar

Salesforce acquires Informatica for $8 Billion to bolster AI data tools

Salesforce announced its plans to acquire Informatica for approximately $8 billion, aiming to strengthen its position in the rapidly growing AI data sector through enhanced data management capabilities.

This marks the cloud software leader’s return to major acquisitions after a period of restraint, prompted by pressure from activist investors demanding improved profitability.

Negotiations gained momentum in early April when several potential buyers — including private equity firms and other companies — approached Informatica around the same time, according to a source familiar with the sale discussions. Two sources confirmed that five parties expressed interest, including Thoma Bravo and Cloud Software Group. Thoma Bravo declined to comment, while Cloud Software Group did not respond immediately.

Acquiring Informatica would mark Salesforce’s largest deal since its $27.7 billion purchase of Slack in 2021. The move positions Salesforce to strengthen its data management capabilities as it sharpens its focus on AI-driven solutions. The acquisition also enables Salesforce to take greater control over how it handles and leverages enterprise data—a crucial step as it accelerates the integration of generative AI data across its product suite.

“Salesforce and Informatica will create the most complete, agent-ready data platform in the industry,” said Salesforce CEO Marc Benioff, adding the deal will strengthen its position in the $150 billion-plus data enterprise market.

The company has already secured over 1,000 paid contracts for Agentforce, its platform for building AI-powered virtual representatives.

As part of the Informatica acquisition, Salesforce is offering $25 per share, representing a 30% premium over Informatica’s closing stock price on May 22, just before reports of renewed negotiations surfaced. Following the announcement, Informatica shares rose 5.8% to $23.86, while Salesforce shares were up 1.78% in afternoon trading.

Salesforce actively deploys AI data agents—automated programs that handle routine tasks without human intervention—for business functions like recruitment and customer service. The company plans to close the deal early next fiscal year, starting in February, and will finance it through a combination of cash and new debt. Salesforce anticipates the acquisition will start to enhance its operating margin from the second year onward.

Scotiabank analysts stated that the acquisition could help Salesforce close the gap with software competitors, as “data management software is now most often sold as part of mega-vendor tool kits.”

Salesforce has a history of major acquisitions, having acquired data visualization firm Tableau Software for $15.7 billion in stock in 2019, followed by its largest-ever deal in 2021—the $27.7 billion purchase of Slack.

However, these high-profile deals came under increased scrutiny in 2023, when activist investors such as ValueAct Capital and Elliott Management began pushing for strategic changes aimed at boosting profitability.