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Chalet Hotels acquires Udaipur Resort for ₹171-Cr, enters high-growth luxury leisure and wedding market

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Shwetank Singh, Managing Director and CEO of Chalet Hotels Limited

Chalet Hotels Limited has acquired Seasons Hotels Private Limited — the owner of Inder Residency Resort and Spa — for a total consideration of ₹171 crore. With this move, the K Raheja Corp-backed hospitality company has officially entered Udaipur, one of India’s most sought-after leisure and destination wedding markets. The board approved the transaction on April 24, 2026, and the company aims to complete it by May 15, 2026.

The acquired property includes a 144-room hotel spread across 8.2 acres, featuring nearly 3 acres of landscaped lawn area, extensive banqueting facilities, two restaurants, and a bar. Consequently, the property’s scale and infrastructure position it strongly to cater to high-demand segments such as weddings, MICE (Meetings, Incentives, Conferences, and Exhibitions), and leisure travel, which consistently drive tourism growth in Udaipur.

Seasons Hotels Private Limited, incorporated on December 27, 2001, commenced commercial operations of the hotel in October 2008. Over the past three financial years, the company reported audited turnover of ₹74.3 million in FY25, ₹103.5 million in FY24, and ₹97.2 million in FY23. Therefore, these figures indicate that the asset has operated below its full potential, thereby offering significant upside through strategic repositioning.

Importantly, Chalet Hotels has structured this acquisition as a buy-renovate-reposition strategy rather than a simple operational takeover. The company has clearly stated that it will upgrade the property into an upper-upscale or premium lifestyle destination. During the refurbishment phase, the hotel will remain non-operational. In addition, Chalet Hotels is actively evaluating expansion opportunities, including increasing room inventory beyond the current 144 keys, given the substantial 8.2-acre land parcel.

This repositioning aligns closely with Chalet Hotels’ broader portfolio strategy. Currently, the company operates 11 hotels and resorts with 3,389 keys under globally recognised brands such as JW Marriott, The Westin, and Novotel. Therefore, upgrading the Udaipur asset into a premium lifestyle offering will ensure alignment with the company’s high-end hospitality portfolio rather than adding a mid-market property.

Moreover, Chalet Hotels has introduced its in-house premium lifestyle brand, ATHIVA, which focuses on experience-led hospitality. As a result, the company may position the Udaipur property under this brand as part of its repositioning strategy.

Shwetank Singh, Managing Director and CEO of Chalet Hotels Limited, said, “We are delighted to announce our entry into Rajasthan with the acquisition of this resort in Udaipur, a market we have been keen to enter. This investment reflects our continued focus on expanding in high-growth leisure destinations with strong long-term potential. The property is well-located and offers significant headroom for value creation through refurbishment, repositioning, and expansion. As we enhance and reposition the resort, our focus will be on creating a high-quality, experience-led destination that delivers both strong guest appeal and long-term value.”

The transaction involves the acquisition of 100% equity shares of Seasons Hotels Private Limited. Chalet Hotels will execute the deal in tranches, with completion targeted by May 15, 2026, or another mutually agreed date. The ₹171 crore consideration will be paid entirely in cash, without any share swap component. Furthermore, the transaction does not qualify as a related party deal, and neither the promoter nor the promoter group holds any interest in the acquired entity. Notably, the company does not require regulatory approvals to complete the acquisition.

Strategically, this acquisition marks a significant shift in Chalet Hotels’ growth trajectory. The company has traditionally focused on business hotels in metropolitan cities; however, it is now diversifying into leisure destinations across India. Udaipur, which consistently ranks among India’s top domestic tourism and destination wedding locations, fits perfectly within Chalet’s high-growth leisure market strategy.

At present, Chalet Hotels has approximately 1,510 rooms under development in addition to its existing 3,389 operational keys. Simultaneously, it is expanding its commercial real estate portfolio from 2.4 million square feet to 3.3 million square feet. Therefore, the Udaipur acquisition strengthens its presence in the leisure segment while complementing its ongoing expansion in business and commercial real estate.

As demand for destination weddings, experiential travel, and luxury stays continues to rise, this move is likely to enhance Chalet Hotels’ competitive positioning in India’s evolving hospitality landscape.

EkoStay reports ₹40-Cr revenue in FY26, targets ₹52+ Cr as India’s alternative accommodation market expands

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EkoStay has reported revenue of ₹40 crore for FY 2025–26, thereby demonstrating consistent year-on-year growth while maintaining an EBITDA-positive position.

Founded in 2018, the Mumbai-based alternative accommodation brand has steadily expanded its presence and now manages more than 150 villas across 12+ leisure destinations in India. Moreover, the company has built a diversified portfolio of professionally managed properties that cater to modern travellers seeking private, flexible, and premium stay experiences.

At present, EkoStay operates at an average occupancy rate of 56%. Notably, repeat bookings and customer referrals continue to play a critical role in driving sustained demand, thereby strengthening its market position in the growing vacation rental segment.

Importantly, the company has scaled its operations without relying on external funding. Instead, it has consistently leveraged internal accruals and maintained strong operational discipline. As a result, EkoStay has successfully preserved profitability while simultaneously expanding its footprint across key travel destinations.

Looking ahead, the company aims to achieve revenue exceeding ₹52 crore by FY27. In parallel, it plans to grow its portfolio to more than 220 properties across India. To support this expansion, EkoStay is focusing on demand-driven markets, particularly in high-growth leisure destinations. Furthermore, it is aligning its supply strategy with evolving travel trends across regions such as South India and the Nilgiris, where demand for curated holiday stays continues to rise.

Additionally, the brand has adopted a hybrid model that combines structured hospitality standards with the flexibility of holiday rentals. Consequently, this approach allows homeowners to monetise their properties effectively while ensuring guests receive consistent and high-quality experiences through professional management.

EkoStay continues to strengthen its position in India’s alternative accommodation and vacation rental market by maintaining profitability, expanding strategically, and aligning with emerging travel trends. As demand for private and flexible stays grows, the company’s asset-light and demand-led approach is likely to accelerate its growth trajectory while reinforcing its presence in the competitive hospitality and travel ecosystem.

HrFlow.ai secures $6–7 Mn pre-Series A funding to transform global labour market with AI infrastructure

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Mouhidine Seiv, founder and CEO, HrFlow.ai

HrFlow.ai, a Paris-based startup building advanced data and AI infrastructure for the labour market, has raised between $6 million and $7 million in a pre-Series A funding round. As a result, the company has now increased its total capital raised to €8.5 million (approximately $10 million).

Notably, 115K, the venture capital fund of La Banque Postale, and EmergingTech Ventures (EmTech) led the round. In addition, several prominent existing investors participated, including Xavier Niel (Free, Kima, Station F), Jean-Baptiste Rudelle (Criteo), Romain Niccoli (Pigment, Criteo), Franck Le Ouay (LIFEN, Criteo), Flavien Kulawik (KLB), Allen Penn (Uber), Dominique Vidal (Index Ventures), and Thibaud Elzière (Hexa, Fotolia).

Mouhidine Seiv, founder and CEO, HrFlow.ai, said, “HrFlow.ai was born from a conviction: the labour market is now too complex to be managed effectively by human intelligence alone. In the Global South, the core problem is access. Millions of people are denied access to work not because they lack ability, but because the road to opportunity has been closed, broken, or hidden from them. In developed economies, the problem is different: opportunity exists, but recruiters are overwhelmed by scale, speed, and complexity, and millions of opportunities are missed because human decision-making cannot keep pace. Two different realities. One shared conclusion: we need a new infrastructure for the labour market.”

“I founded HrFlow.ai to build safe Hiring SuperIntelligence as infrastructure for the future of work: helping recruiters make better, faster decisions at scale while expanding access to opportunity where it remains out of reach. Our mission is to help create, alongside the actors of the labour market, a job market that is more fluid, more fair, and better able to connect human potential with real economic opportunity.”

Founded in 2016, HrFlow.ai operates as an AI algorithm and orchestration platform focused on HR data infrastructure. Consequently, organisations facing both high-volume recruitment challenges and complex talent management needs actively use the platform.

For instance, staffing agencies such as Crit, Samsic, Manpower, Staffmatch, and Gojob rely on its capabilities. Similarly, recruiting firms and RPOs like Kelly Services, Fed Group, and Uptoo utilise the platform to optimise hiring workflows. Moreover, job platforms such as Freework and freelance.com, along with large enterprises including Sanofi, Safran, and Enedis, integrate HrFlow.ai into their operations. Furthermore, ATS providers like Fountain, TeamTailor, Boondmanager, and Tribepad, as well as public sector entities such as the Hauts-de-France Region, the National Gendarmerie, the French Army, Luxembourg, and Mauritania, leverage its solutions.

Currently, the company employs a team of 35 professionals, including 21 researchers and engineers. To elaborate, its Data Studio unifies and orchestrates HR data through more than 200 connectors, including ATS platforms, job boards, and HRIS systems. In parallel, AI Studio activates specialised and explainable AI algorithms that structure, normalise, and enrich candidate and job data, thereby improving matching accuracy and prioritisation. Additionally, App Studio enables users to build AI agents and custom interfaces that integrate seamlessly with existing HR tools.

“At 115K, we are convinced of the key role HrFlow.ai plays in the transformation of human resources. Through state-of-the-art technology and an API-first approach, the platform enables the structuring and activation of HR data at scale, establishing itself as an essential building block of modern HR ecosystems,” said Armelle de Tinguy, Managing Partner at 115K.

Importantly, the company currently reports a margin of around 27%. Although its cash flow provides full operational independence, it has chosen to raise funds as a strategic move to accelerate growth.

With this fresh capital, HrFlow.ai plans to expand its commercial presence in the United States, where it has operated since 2022. At the same time, it aims to strengthen its footprint across Europe, particularly in England, Germany, the Netherlands, and Italy. Additionally, the company intends to launch the second generation of its AI platform to further enhance its capabilities in HR tech and recruitment automation.

Previously, HrFlow.ai raised €1.9 million (approximately $2.3 million) in 2018. Therefore, this latest funding round marks a significant milestone in its growth journey and reinforces its position in the global HR technology and AI-driven recruitment market.

As the global labour market grows increasingly complex, the company’s strategic expansion and innovation efforts are likely to play a crucial role in reshaping how organisations manage talent, optimise hiring, and improve access to employment opportunities worldwide.

voco arrives in Punjab with the opening of voco Amritsar

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India – April 21, 2026 – IHG® Hotels & Resorts welcomes guests to voco Amritsar, marking the debut of its fastest‑growing premium brand in Punjab. Designed for travellers who value comfort with character, the hotel offers a relaxed, contemporary base for leisure, spiritual and business stays in the heart of Amritsar.

Just minutes from the Golden Temple and close to Jallianwala Bagh and the Wagah Border, voco Amritsar places guests right where culture,history and modern life meet. With seamless connectivity to Sri Guru Ram Das Ji International Airport, the hotel is well positioned for both domestic and international travellers.

Speaking on the launch Manish Kumar Yadav, General Manager, voco Amritsar, said: “voco Amritsar has been envisioned as a stay experience that balances comfort with a strong sense of place — inviting guests to truly unwind while staying connected to the city’s spiritual and cultural pulse. This opening is also a proud moment for our entire team, whose passion, hard work and attention to detail have brought the voco spirit to life in Amritsar, ensuring guests feel genuinely welcomed from the moment they arrive.”

Designed with an easy sense of contemporary style and gentle local touches, voco Amritsar’s interiors feel warm, inviting and effortlessly relaxed. Soft tones, layered lighting and tactile textures come together across public spaces to create a comfortable, residential‑style atmosphere. This relaxed design continues into the guestrooms and suites, where generous layouts, intuitive workspaces and soothing colour palettes make it easy to settle in. The hotel offersa range of thoughtfully designed room categories, including Standard Rooms, Premium Rooms, Suites, and the distinctive Duplex Rooms, a standout offering with its stylish two-level layout, ideal for guests seeking a more elevated stay experience. Across all 139 rooms, plush bedding crafted from recycled materials including, duvets and pillows made using recycled plastic. This initiative reflects voco’s thoughtful approach to sustainability, without compromising on comfort or a truly restorative stay.

Dining at voco Amritsar is designed to suit every mood, whether it’s a relaxed meal or an evening wind‑down. Guests can enjoy all‑dayfavourites and regional flavours at Saffron, settle in for tea and sweet treats at The Gallery, or head up to Plum Lounge for crafted cocktails and elevated bar bites with a rooftop vibe. When it’s time to slow the pace, Tattva Spa offers holistic therapies to help restore balance, while the fully equipped fitness studio and outdoor swimming pool make it easy to recharge, refresh and enjoy some well‑deserved me time.

Designed to bring people together with ease and style, voco Amritsar offers a versatile collection of seven indoor venues and two outdoor spaces suited to celebrations and conferences of every scale. At the heart of it all is the 8,075 sq. ft. Blossom Ballroom, where soaring ceilings and contemporary design set the tone for standout events. The Imperial Hall, with its generous pre‑function area, and Legacy Hall provide polished yet comfortable settings for mid‑sized and more intimate gatherings. From meetings and private occasions across Colonial Court Room, Magnolia Hall, Maple Chamber and Pearl Chamber, to open‑air celebrations at Harmony Lawn and The Pavilion, every event is designed to feel effortless and memorable.

The opening of voco Amritsar reflects IHG Hotels & Resorts’ continued focus on growing its premium portfolio across North India, bringing distinctive, experience‑led stays to high‑potential leisure, spiritual and emerging destinations.

Amazon India to invest Rs 2,800-Cr to expand logistics, quick commerce, and AI-driven operations

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Abhinav Singh, VP-Operations, Amazon India and Australia

Amazon India has announced an investment of more than Rs 2,800 crore (approximately $300 million) to scale its operations network, including its fast-growing quick commerce segment, while simultaneously increasing spending on worker safety, healthcare, and financial well-being. The company revealed this development on April 23, reinforcing its long-term commitment to India’s e-commerce and logistics ecosystem.

This latest investment builds on the Rs 2,000 crore outlay that Amazon announced in June 2025. Moreover, it aligns with the company’s broader strategy to invest over $35 billion in India by 2030, with a strong focus on business expansion, artificial intelligence (AI)-led digitization, export growth, and large-scale job creation.

“Since launching Amazon.in in 2013, we have built one of India’s safest, fastest, and most reliable operations networks… This year, we are investing over Rs 2800 crore (around $300 million) to further strengthen these efforts, while continuing to scale our operations network and advance the technology that enables faster, safer, and more reliable deliveries for customers,” said Abhinav Singh, VP-Operations, Amazon India and Australia.

Furthermore, the company will expand both its core logistics network and its quick commerce offering, Amazon Now, to enable deliveries within minutes, hours, and days. As part of this strategy, Amazon plans to more than double the footprint of Amazon Now in existing cities while also entering new markets, thereby intensifying its push into India’s rapidly expanding quick commerce segment.

Amazon launched Amazon Now in 2025 and has already scaled the service to more than 300 micro-fulfillment centers across major cities. With this new investment, the company will further expand this network alongside fulfillment centers, sortation hubs, and last-mile delivery stations, particularly in Tier 2 and Tier 3 cities, thereby strengthening its nationwide logistics infrastructure.

Earlier, in June 2025, Amazon committed over Rs 2,000 crore to expand and upgrade its logistics and operations network. It directed that investment toward launching new facilities, enhancing fulfillment and sortation infrastructure, and deploying advanced technologies to improve efficiency, delivery speed, and reliability amid intensifying competition in India’s e-commerce market. Now, the Rs 2,800 crore investment builds on these efforts, with continued emphasis on infrastructure scaling, faster delivery timelines, and a stronger technology backbone.

In addition, Amazon will continue to invest heavily in artificial intelligence and machine learning to optimize logistics operations. The company will deploy advanced tools to improve route planning, workload allocation, and on-road safety for delivery partners. These enhancements will include real-time alerts for unsafe driving behavior, prompts for rest breaks, and upgrades to the driver app to improve navigation and earnings transparency.

At the same time, Amazon will allocate a significant portion of the investment to employee and associate welfare programs. It will expand initiatives such as Project Ashray, which provides rest facilities for delivery workers, and Sushruta, a healthcare program designed for long-haul truck drivers.

Moreover, the company will enhance medical and accident insurance coverage for its workforce. It will also expand access to government-backed social security schemes through its Samriddhi program, enabling enrollment in initiatives such as Ayushman Bharat and Pradhan Mantri Jan Dhan Yojana. These efforts aim to improve financial inclusion, healthcare access, and overall well-being for delivery partners and logistics workers across India.

Tamara Leisure Experiences champions sustainable luxury hospitality with responsible tourism practices across India

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Tamara Leisure Experiences has consistently embedded Responsible Hospitality at the core of its operations since inception, driven by a clear vision where people, planet, and profit thrive together. Across its diverse portfolio of nine properties—including luxury resorts in Coorg and Kodaikanal, upscale O by Tamara hotels in Coimbatore and Thiruvananthapuram, mid-scale Lilac hotels, and its flagship wellness offering Amal Tamara—the company actively delivers eco-conscious, immersive, and low-impact luxury hospitality. Notably, Amal Tamara operates as a NABH-accredited Ayurveda hospital, further strengthening the group’s commitment to wellness-driven tourism.

Importantly, the flagship property, The Tamara Coorg, holds certification from the Global Sustainable Tourism Council, thereby reinforcing its alignment with global sustainability standards. Furthermore, the company continues to implement a structured roadmap to extend this benchmark across all its properties, ensuring consistency in sustainable hospitality practices.

Samir MC, CEO, Tamara Leisure Experiences, said, “Our nine-property portfolio is aligned to GSTC principles. And I want to be honest about what that distinction means, because the certification is the outcome, but the real value is in the discipline the journey instills across your entire organisation. This is not a badge. It is a framework to make your circular systems auditable, measurable, and accountable. Our goal is to make that the portfolio standard, not a novelty at one property.”

Moreover, the company integrates sustainability into real-time operations and guest experiences. It emphasizes that “Earth Day serves as a timely reminder of shared responsibility towards the planet, and at Tamara Leisure Experiences, this is reflected through on-ground actions across its properties, from farm-to-table experiences and community clean-up drives to sustainability-led engagements. These efforts extend into Earth Week (22–28 April) through nature-led activities, conscious dining, and community participation, where sustainability is not an add-on but the experience itself. At Tamara, responsible hospitality is foundational, shaping every stage from design and conceptualization to operations and guest experience. For us, sustainability is not a seasonal campaign, but a part of our daily operating philosophy.”

To begin with, Tamara integrates sustainability directly into design. Each property aligns closely with its natural surroundings, allowing the ecosystem to influence architectural planning and guest experience. For instance, at The Tamara Coorg, the company has followed a “build less to preserve more” philosophy. It has developed the resort across 28 acres of largely untouched landscape while minimizing ecological disruption by cutting only 17 trees. Additionally, it has reduced the number of cottages from 60 to 56 to preserve more natural cover. The structures stand elevated on stilts, thereby allowing the forest ecosystem to remain undisturbed and seamlessly integrated into the overall design.

Furthermore, the company actively prioritizes community integration and cultural continuity. It reflects this approach through local immersion, farm-to-table practices, and menus rooted in regional cuisines—from Kodava cuisine in Coorg to location-specific dining experiences across properties. At Verandah, the in-house boutique, guests can access locally inspired crafts, natural wellness products, and plantation-grown spices, thereby extending the region’s cultural narrative into the hospitality experience.

In addition, Tamara strengthens local economies by hiring nearly half of its workforce from nearby communities and sourcing close to 40% of its procurement regionally. It ensures that operations remain deeply connected to local ecosystems and livelihoods. This approach becomes particularly evident in offerings such as organic minibars featuring local, traceable products and kitchen menus driven by seasonal and locally available ingredients. The company also continues to support education and local institutions, thereby reinforcing its long-term commitment to community development.

At the same time, Tamara adopts a zero-waste approach across its properties. It actively repurposes 15–40 tonnes of waste through a closed-loop system where it treats waste as a resource rather than discarding it. The company recycles 100% of food waste in-house using low-impact processes such as Bio Manthan. Moreover, it replaces plastic with glass bottles, stainless steel dispensers, and refillable amenities. Circular practices extend to repurposed linen, reused bottles, kitchen gardens, greenhouses, and seed-saving initiatives, and it has reduced food waste to just 0.54 kg per guest.

With zero significant chemical spills recorded in FY 2024–25, the company ensures that sustainability remains both visible and experiential for guests through initiatives like towel reuse, alternative linen changes, bamboo products, and sapling giveaways.

Equally important, Tamara ensures mindful resource utilisation across all operations. It preserves natural water sources such as waterfalls and streams to protect community access. Meanwhile, it implements rainwater harvesting systems and tap aerators to reduce water consumption. It also deploys energy-efficient technologies, including LED lighting, heat pumps, lithium battery-powered buggies, key tag controls, EV infrastructure, solar panels, and emission management systems. Behind the scenes, advanced systems such as smart laundry operations and STP and ETP plants enable efficient reuse of water and resources. Continuous monitoring of water, energy, and carbon footprints ensures operational efficiency and low environmental impact.

Additionally, the company adopts a philosophy of quiet design and conscious technology. It avoids loud DJ music and harsh lighting to reduce noise and light pollution. Instead, it uses low-lux pathways, timers, and sensor-based systems to minimize ecological disruption. Simultaneously, it enhances operational efficiency through digital check-ins, e-billing, and paperless feedback systems, thereby reducing waste. From horn-free EV buggies to reusable linen elements and locally rooted design details, the company ensures that every aspect of the guest experience remains intentional and environmentally conscious.

Overall, Tamara Leisure Experiences continues to embed responsible hospitality into every aspect of its operations. It aligns sourcing, consumption, and recovery systems to ensure sustainability becomes an integral and seamless part of daily functioning rather than a separate initiative.

Zen Mobility and Delhivery sign long-term EV partnership to transform last-mile logistics across India

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Zen Mobility and Delhivery Limited have announced the signing of a Memorandum of Understanding (MoU), thereby formalising a long-term partnership to deploy purpose-built electric vehicles (EVs) across India over the next three to five years. Notably, this agreement strengthens a collaboration that began over two years ago and has already demonstrated strong operational results.

Currently, around 500 Zen-built EVs operate within Delhivery’s logistics network, delivering up to a 35% reduction in last-mile logistics costs while maintaining an impressive 90–95%+ vehicle uptime in live commercial operations. Furthermore, both companies plan to scale the deployment significantly, with thousands of additional EVs expected to join the fleet in the coming years.

As part of the partnership, the rollout will include electric two-wheelers, three-wheelers, and four-wheelers. Zen Mobility will design, engineer, and manufacture all vehicles entirely in India, ensuring full localisation and alignment with the “Make in India” initiative. Additionally, the company will customise these EVs to meet Delhivery’s city-wise and route-wise requirements across Tier 1, Tier 2, and Tier 3 cities, thereby optimising operational efficiency across diverse geographies.

Moreover, Zen Mobility’s fleet leasing arm, Zen Flo, will support the deployment and ongoing fleet operations, ensuring seamless integration and scalability. As the partnership expands, both companies expect the initiative to eliminate tens of thousands of tonnes of CO₂ emissions annually, making it one of the most impactful green logistics and sustainable mobility initiatives in India.

“This MoU is a strong validation of Zen Mobility’s purpose-built approach. Together, we are scaling a new category of EVs that delivers real cost savings, operational reliability, and measurable sustainability impact across India,” said Namit Jain, Founder & CEO, Zen Mobility.

“We don’t view electrification as just a fleet update; it is a core part of how we are making our last-mile operations more efficient and sustainable,” said Prashant Gazipur, Senior Vice President of Last Mile Operations, Delhivery. “Our partnership with Zen Mobility ensures our delivery partners have access to reliable vehicles that are easy to operate and maintain. By reducing daily running costs, we are improving the earning potential of our riders while building a more resilient network. At the same time, this initiative helps our enterprise customers reach their own ESG targets and satisfy the sustainability requirements of their stakeholders by providing them with a cleaner, lower-carbon delivery option,” added Prashant.

Zen Mobility and Delhivery continue to accelerate India’s transition toward electric mobility and sustainable logistics through this strategic partnership. By combining cost efficiency, high vehicle uptime, and environmental impact, the collaboration sets a strong benchmark for EV adoption in last-mile delivery. Consequently, as the rollout expands nationwide, the initiative will not only strengthen logistics infrastructure but also contribute significantly to India’s broader ESG and decarbonisation goals.

Polo Hotels and Resorts unveils new identity focused on immersive luxury travel experiences in Northeast India

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Deval Tibrewalla-CEO and Director, Hotel Polo Towers Group

Polo Hotels and Resorts, a leading luxury hospitality firm based in Northeast India, has introduced a refreshed brand identity that emphasizes curated, destination-specific experiences for travellers seeking immersive, story-driven stays. With this move, the group strengthens its positioning in the premium hospitality and experiential travel segment.

In a press statement, the company clarifies that it has not shifted its direction; instead, it has refined its long-standing philosophy that the best hotel experiences remain deeply connected to the destinations they occupy. Moreover, the relaunch reinforces the brand’s commitment to location-led storytelling and authentic travel experiences.

Furthermore, the initiative rolls out a comprehensive, property-specific experiences programme across Polo Towers Shillong, Polo Resort Cherrapunji, Polo Hotel Agartala, and Polo Floatel Kolkata. Each property delivers experiences shaped by local culture, geography, and seasonal variations, thereby enhancing the appeal of luxury travel in Northeast India.

At Polo Resort Cherrapunji, which overlooks the iconic Seven Sisters Falls in Sohra, the property curates immersive programmes that integrate the surrounding natural landscape into the guest experience. For instance, the resort offers floating breakfasts in the infinity pool, “Breakfast by the Falls” settings beside cascading waterfalls, traditional fishing activities, and curated “Seven Sisters Storytelling” dinners that feature seven-course menus paired with locally inspired cocktails. In addition, daytime experiences such as “Magical Picnic by the Falls” extend the offering, while guided excursions connect travellers to key attractions like Mawlynnong Village, Living Root Bridges, Nohkalikai Falls, Arwah Cave, and Kynrem Waterfall.

Meanwhile, Polo Towers Shillong builds on the dual identity of Shillong as both a hill station and an urban hub. The hotel offers signature experiences such as “Tring Tring,” an evening programme featuring live music from Friday to Sunday. Additionally, it provides curated access to local attractions, including Police Bazaar and seasonal highlights like the Cherry Blossom Festival. The property also serves as a gateway to Cherrapunji, which guests can reach through a scenic two-hour drive across Meghalaya.

In Agartala, Polo Hotel Agartala anchors its visitor experience in Tripura’s rich cultural and historical heritage. The hotel curates itineraries that include visits to Ujjayanta Palace, Neermahal, Tripureswari Temple, and Sipahijala Wildlife Sanctuary. Alongside cultural exploration, the property offers wellness-focused experiences such as hydra detox baths and salt, rose, and lavender soaks, as well as other sensory treatments. Moreover, dining at Three81 highlights regional culinary traditions, thereby enriching the overall guest journey.

In Kolkata, Polo Floatel, located on the Hooghly River, delivers a distinctive river-centric hospitality experience. Its signature “Nauka Ride” enables guests to explore the city from the water while enjoying curated picnic experiences and heritage views. Furthermore, the property integrates guided access to cultural hotspots such as Mullik Ghat Flower Market and Kumartuli, along with iconic landmarks including Victoria Memorial, Princep Ghat, Park Street, St Paul’s Cathedral, and the Acharya Jagadish Chandra Bose Indian Botanic Garden. As a result, the hotel offers a seamless blend of river-based and urban exploration.

“We have always believed that Northeast India is one of the most extraordinary regions on earth: its landscapes, its people, its cultures, its seasons. What we have done with this experience’s launch is simply give that belief a sharper voice. Every experience we offer at Polo is one that only that property, in that location, at that moment in the year, can offer. That is not a feature, that is the whole point,” says Deval Tibrewalla, Founder and CEO, Polo Hotels Group.

“The group’s approach is an antidote to the sameness that has characterised Indian hospitality’s growth phase. Polo’s model is built on geographic specificity experiences that could only happen here, services that reflect this land, and design that breathes with rather than against its surroundings,” adds Tibrewalla.

As demand for personalized and sustainable travel experiences rises, the brand’s focus on geographic authenticity, local storytelling, and curated hospitality positions it strongly within the evolving global tourism landscape. Consequently, Polo’s refreshed identity could significantly enhance Northeast India’s visibility as a premium travel destination while attracting discerning travellers worldwide.

Bengaluru startup STCH secures $7M funding to scale AI textile R&D and global supply chain

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STCH, a fast-growing tech startup in the textile segment, has secured $7 million in a pre-Series A funding round led by Omnivore, with participation from Kae Capital and WVC. Notably, this funding marks a significant step in advancing AI-driven textile innovation and sustainable fabric manufacturing.

Following the investment, the Bengaluru-based startup will channel the capital into expanding its artificial intelligence capabilities, strengthening research and development (R&D), and building strategic partnerships with textile mills and global fashion brands. Moreover, STCH operates under the contract development and manufacturing organisation (CDMO) model, positioning itself as a key enabler in the global textile supply chain.

Founded in 2025 by Narahari Payala and Aseem Chitkara, STCH focuses on building an AI-powered fabric R&D and manufacturing platform. Specifically, the platform enables global fashion brands to design and deliver trend-aligned, high-performance, and sustainable fabrics at scale.

Furthermore, the startup leverages artificial intelligence to analyze global fashion trends, develop eco-friendly fabrics, and distribute them through its controlled manufacturing network across India and Asia. In addition, its AI platform facilitates the selection of sustainable fibres while optimizing supply chain efficiency, thereby enhancing overall production outcomes.

At present, STCH has built a strong market presence, with an order book exceeding $15 million from leading brands across the United Kingdom, Europe, and the United States. This traction highlights the increasing demand for AI-driven textile solutions and sustainable fabric innovation in global markets.

Importantly, founders Narahari Payala and Aseem Chitkara previously worked with Zetwerk, where they gained deep expertise in the textile and manufacturing ecosystem. Their combined experience continues to drive STCH’s strategic growth and innovation roadmap.

According to Narahari Payala, the fashion industry currently directs much of its AI innovation toward the front end, but it finds the real opportunity deeper in the supply chain, where Asian markets dominate manufacturing.

“Fabric, in particular, is the most critical yet least optimised layer. With improving trade dynamics, including free trade agreements with the UK and Europe as well as easing tariffs from the USA, we believe this is a defining moment to build a globally leading, AI-native textile innovation powerhouse from India,” said Payala.

Meanwhile, Omnivore Managing Partner Mark Kahn emphasized the founders’ expertise and India’s potential in sustainable textiles.

“Narahari and Aseem bring rare depth as they understand both the materials science and the supply chain realities of getting sustainable textiles to market at scale. India has the raw materials, the mills, and now—with STCH—the AI-native platform is set to become the world’s leading source of sustainable textile innovation.”

STCH’s $7 million funding round underscores the growing convergence of artificial intelligence, textile innovation, and sustainable manufacturing. As global demand for eco-friendly fabrics rises, the startup stands well-positioned to transform the textile supply chain through AI-driven insights, scalable production, and strategic global partnerships. Consequently, STCH could emerge as a key player in shaping the future of sustainable fashion and textile technology from India to the world.

India real estate investments hit record $5.1 Bn in Q1 2026, driven by REITs and developers

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Capital inflows into India’s real estate sector have surged 72% year-on-year to reach a record $5.1 billion in the January–March quarter of 2026, compared to $2.9 billion in the same period last year, according to CBRE South Asia’s latest India Market Monitor Q1 2026 – Investments report. This sharp rise highlights the growing strength of the Indian real estate market and increasing investor confidence.

The sector has recorded its highest-ever quarterly investment, with developers leading the inflows, followed closely by Real Estate Investment Trusts (REITs). Furthermore, investments increased 53% quarter-on-quarter from $3.3 billion in Q4 2025, thereby reinforcing sustained momentum and strong institutional participation in India’s property sector.

“India’s record investment inflows underscore the strong confidence of domestic investors and institutional players in the country’s real estate growth story,” said Anshuman Magazine, Chairman and CEO – India, South-East Asia, Middle East & Africa, CBRE, while adding that despite global macroeconomic challenges, India’s resilient economic framework continues to attract deep pools of capital. The sharp rise in REIT activity also reflects a maturing market increasingly focused on institutionalised, yield-generating assets, he said.

During the quarter, built-up office assets and land or development site acquisitions drove the majority of investments, together accounting for over 90% of total equity inflows. As a result, these segments emerged as key growth drivers within the real estate investment landscape.

Domestic investors, particularly developers, dominated the market and contributed 96% of the total inflows. Developers accounted for 42% of the investments, while REITs contributed nearly 40%, thereby showcasing strong domestic capital participation alongside institutional investment vehicles.

Notably, REIT investments crossed $2 billion during the quarter, marking a significant multi-fold increase compared to the previous quarter and forming a substantial portion of overall investments. At the same time, investors allocated a considerable share of capital toward land acquisitions. More than 73% of the funds directed toward site purchases flowed into mixed-use and residential developments, while the remaining investments supported office, warehousing, and hospitality projects.

Gaurav Kumar, Managing Director and Co-Head, Capital Markets, India, CBRE, said investors continue to prefer high-quality office assets, backed by strong domestic institutional participation and foreign capital, particularly through REITs. He said that rising site acquisitions for mixed-use and residential developments highlight a resilient market outlook. Going forward, investment activity is expected to balance income-generating assets with higher-growth opportunities.

Geographically, Bengaluru, Mumbai, and Delhi-NCR collectively accounted for nearly 65% of the total investment activity during the quarter, thereby emerging as key hubs for real estate growth and capital inflows.

Among international investors, Singapore contributed approximately 72% of overseas investments, while Canada accounted for around 27%, highlighting continued global interest in India’s real estate sector. Additionally, the residential segment maintained strong momentum, supported by the launch of new investment and development platforms worth approximately $234 million during the quarter, alongside the primary inflows of $5.1 billion.