Monday, October 26, 2026
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Colosseum brings artisan bakery and world cuisine to Noida

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Colosseum has entered the hospitality market with the launch of its first outlet in Sector 117, Noida, introducing a design-led all-day dining destination that blends an artisan bakery with globally inspired cuisine. The restaurant aims to deliver an elevated guest experience through thoughtfully curated interiors and a diverse culinary offering.

Designed to accommodate a variety of dining occasions, the restaurant features double-height ceilings, elegant arches, statement pendant lighting and curated artwork. The space intends to serve as a venue for casual coffee meetings, business lunches, family gatherings and celebrations.

Alongside its dining area, Colosseum operates an artisan bakery offering freshly baked breads, viennoiseries, handcrafted pastries and signature desserts. Its menu spans Mediterranean, Asian, Continental and Indian cuisines, complemented by specialty coffees and handcrafted beverages.

Speaking about the launch, Co-Founder Radhey Shyam said, “We wanted Colosseum to be more than just a restaurant—it was envisioned as a warm, thoughtfully designed space where people could slow down, connect, and create memorable moments.”

Highlighting the bakery’s focus, Co-Founder Sanjay Khanna added, “The artisan bakery reflects our passion for craftsmanship, with every bread, pastry, and handcrafted dessert freshly prepared to bring quality and authenticity to every guest’s experience.”

Colosseum officially welcomed guests on July 26, 2026. The restaurant accommodates 85 guests and positions itself as a premium all-day dining destination catering to a wide range of dining occasions through its combination of contemporary interiors, artisanal baking and internationally inspired cuisine.

Located in Sector 117, Noida, the restaurant operates daily from 11:00 AM to 11:00 PM. The average dining cost is approximately ₹2,000 for two.

With the opening of its inaugural outlet in Noida, Colosseum marks its entry into India’s premium dining segment by combining design-focused interiors, an artisan bakery and a globally inspired menu. The launch reflects the growing demand for experiential dining destinations that cater to both everyday meals and special occasions while strengthening Noida’s evolving hospitality landscape.

Edtech firm Klassroom secures Rs 11.08-Cr from anchor investors before IPO

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Mumbai-based edtech company Klassroom has raised Rs 11.08 crore from anchor investors ahead of its Rs 39.04 crore SME initial public offering (IPO), which opens for public subscription on July 31 and closes on August 4.

According to a BSE circular, the company allotted more than 6.96 lakh equity shares to six anchor investors at Rs 159 per share. The anchor investors include Subhkam Ventures (I) Pvt Ltd, Kuber India Opportunity Fund, Ekamya Pragati Scheme I, and others.

Klassroom plans to list its shares on the BSE SME platform, with the tentative listing scheduled for August 7.

The IPO comprises a fresh issue of up to 19.89 lakh equity shares and an Offer for Sale (OFS) of up to 4.65 lakh equity shares by existing promoters and investors.

The company plans to use the net proceeds from the fresh issue to repay borrowings, strengthen its technology platform, and invest in artificial intelligence (AI) and machine learning (ML) model development. It will also allocate funds toward building server and cloud infrastructure, developing educational content, procuring desktops and laptops for AI/ML laboratories at new offline centres, undertaking marketing initiatives, and meeting general corporate expenses.

Founded in 2016, Fusion Klassroom Edutech offers professional and competitive examination coaching through digital and hybrid learning models. Its course portfolio includes preparation for Chartered Accountancy (CA), Company Secretary (CS), Cost and Management Accountancy (CMA) and other commerce-related examinations.

For FY26, the company reported total income of Rs 23.10 crore and profit after tax of Rs 7.6 crore.

Narnolia Financial Services is acting as the sole book-running lead manager for the issue.

With fresh capital secured from anchor investors, Klassroom is set to launch its Rs 39.04 crore SME IPO as it looks to strengthen its technology capabilities, expand AI-driven learning infrastructure and scale its hybrid education platform. The public issue marks a key milestone in the company’s growth strategy as it seeks to broaden its presence in India’s professional and competitive exam coaching market.

Embassy REIT reports 17% YoY revenue growth, raises Rs 3,045-Cr debt

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Amit Shetty, Chief Executive Officer of Embassy REIT

Embassy Office Parks REIT (Embassy REIT) reported a strong performance for the first quarter ended June 30, 2026, driven by robust leasing activity, higher revenue and net operating income (NOI), and increased distributions to unitholders.

During the quarter, the company leased 1.3 million square feet (msf) across 17 transactions, with Global Capability Centres (GCCs) accounting for 81% of the total leasing demand. AI-related companies contributed 21% of new leasing, reflecting growing demand from technology-driven businesses.

Embassy REIT reported 17% year-on-year (YoY) growth in revenue from operations to Rs 1,241 crore, while NOI increased 17% YoY to Rs 1,020 crore.

The Board of Directors of Embassy Office Parks Management Services Private Limited, the manager of Embassy REIT, declared a distribution of Rs 598 crore, or Rs 6.31 per unit, for Q1 FY27, marking a 9% YoY increase. Embassy REIT has set August 4, 2026, as the record date for the distribution and will make the payout on or before August 11, 2026.

Commenting on the results, Amit Shetty, Chief Executive Officer of Embassy REIT, said, “We are delighted to report a strong start to FY2027, with revenue and NOI growing 17% YoY and 1.3 msf of leasing delivered across our portfolio. GCCs continued to anchor demand, accounting for 81% of quarterly leasing, while AI-related companies contributed 21% of new leasing. This reflects the growing depth and quality of India’s office market, with companies shaping the AI-driven economy choosing our campuses as platforms for growth. This strong momentum is also being complemented by greater recognition of REITs in India’s capital markets. Our recent inclusion in some of the newly launched domestic indices marks an important milestone in the evolution of REITs as a mainstream investment asset class in India. These benchmarks will support index-linked products, enhance market visibility and broaden investor participation.”

Of the total leasing during the quarter, 0.7 msf comprised new leases signed at an 11% re-leasing spread, while 0.6 msf consisted of renewals at 9% higher spreads. New entrants accounted for 86% of new leasing, with leases signed at an 8% average premium to prevailing market rents.

The REIT maintained a portfolio occupancy of 93% by value, with occupancy reaching 100% in Mumbai, 95% in Bengaluru, 93% in Noida, and 92% in Chennai.

On the financing front, Embassy REIT raised Rs 3,045 crore through commercial papers, non-convertible debentures (NCDs) and bank loans at a blended interest rate of 7.46% per annum.

The hospitality portfolio also delivered steady performance, with hotel NOI increasing 6% YoY, supported by a 100-basis-point rise in occupancy to 61% and 5% growth in average daily rate (ADR).

During the quarter, Embassy REIT launched the 211-key Hilton Garden Inn at Embassy TechVillage in Bengaluru, the first phase of its 529-key dual-branded Hilton development. The company expects to open the 318-key five-star Hilton hotel, featuring a 37,000 sq. ft. convention centre, later this year.

The company also announced that Four Seasons will conclude its management of the hotel at Embassy ONE, Bengaluru, effective February 28, 2027. Embassy REIT said it is evaluating new hospitality operators and expects to finalise a replacement partner in the near term.

Embassy REIT continues to advance its development pipeline of 6.2 msf, backed by a planned capital outlay of Rs 3,500 crore. Embassy REIT has already pre-leased around 60% of the space scheduled for delivery over the next two years.

The REIT’s 100 MW solar park generated 44 million units of electricity during the quarter and recorded a stabilised quarterly NOI of Rs 23 crore, supporting its sustainability initiatives and renewable energy commitments.

Suraksha Accelerates Project Completion Across Wish Town; Completes 84 Towers, Expands Infrastructure and Community Amenities

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· The company has received OCs for 42 towers having 4213 dwelling units, applied for OCs for 26 more towers, covering 2,229 units, with approvals expected shortly

· Suraksha has also completed the structural audit of another 7 towers comprising 583 dwelling units, for which the final Fire NOC for two towers has already been received. The company is now in the process of applying for OCs for these towers.

· Structural audits are also underway for another 9 towers comprising 888 dwelling units.

Noida, July 30, 2026: Suraksha Group, which acquired Jaypee Infratech Limited (JIL), has significantly accelerated construction and infrastructure development across Wish Town township in Noida, marking substantial progress in project completion, occupancy certifications, civic infrastructure, and resident amenities.

The company has successfully completed the construction of 84 towers, comprising 7,913 dwelling units (DUs). Out of these, Occupancy Certificates (OCs) have been received for 42 towers, comprising 4,213 dwelling units. In addition, the company has applied for OCs for 26 more towers, covering 2,229 dwelling units, with approvals expected shortly.

The company has also completed the structural audit of seven towers, comprising 583 dwelling units, for which the Fire NOC for two has been received and for the rest is under process. Structural audits are currently underway for another nine towers, comprising 888 dwelling units.

Once the structural audits and Fire NOCs for these towers are completed, the company will begin the process of applying for Occupancy Certificates. This reflects company’s continued focus on the timely completion and delivery of projects while ensuring full regulatory compliance.

Beyond Wish Town, the company has also achieved significant progress across its other development projects in line with the approved Resolution Plan. The company has secured the revalidation of the Master Plan for LFD-3 (Mirzapur Land Parcel). It has also filed Project Completion with YEIDA for two plotted developments—Yamuna Vihar, comprising 822 plots; and Sunnyvale Homes, comprising 467 plots. These milestones underscore the company’s commitment to completing all group housing and plotted developments within the stipulated timelines under the Resolution Plan. Construction and development activities across the remaining clusters are progressing at a rapid pace and remain on track for completion as per the approved schedule.

Besides this, in a major infrastructure milestone, Ganga water supply has now been made available across Wish Town in Sectors 128, 129, 131, 133 and 134, significantly enhancing civic infrastructure and improving the quality of life for residents.

The township’s social infrastructure is also witnessing rapid expansion. Overall, eleven cluster clubs are expected to become operational by the end of this financial year, benefiting more than 16000 families residing in Wish Town.

To support the growing residential population, the company has also enhanced the township’s power infrastructure. The electrical load capacity of GSS-I has been increased from 19.8 MVA to 35 MVA, while GSS-II currently has a load of 9.7 MVA.

Further strengthening its commercial ecosystem, RERA registration has been obtained for ‘Wish Point’, the commercial development located in Sector 134, Noida.

Commenting on the progress, Mr. Jash Panchamia, Executive Director, Jaypee Infratech Limited, said: “Our focus has always been on accelerating project completion while simultaneously strengthening the infrastructure and quality of life across Wish Town. The receipt of Occupancy Certificates for 42 towers, expansion of Ganga water supply, enhancement of power infrastructure, and rapid development of community amenities reflect our commitment to delivering a fully integrated and vibrant township. We are equally focused on enhancing the infrastructure, whether through smart technologies on the Yamuna Expressway or by expanding social infrastructure within the township. Our objective remains to complete the remaining projects in a timely manner while creating long-term value for homeowners and all stakeholders.”

On the Yamuna Expressway, the company continues to enhance sustainability and commuter safety. The company has completed the geo-tagging of nearly 1.5 lakh trees along both sides and the central verge of the expressway, enabling better monitoring, maintenance, and preservation of the green cover.

To further strengthen road safety, AI-based image processing cameras have been installed to detect unusual driving behaviour, including wrong-side driving, unauthorised parking, and the presence of foreign objects or animals on the carriageway. The intelligent system generates real-time alerts, enabling prompt preventive action by the authorities. Additionally, these AI-enabled cameras are being upgraded with fog detection capabilities, which will enable them to reduce fog-related accidents during the winter months.

Suraksha continues to work closely with regulatory authorities and other stakeholders to expedite approvals, complete the remaining residential towers, and further enhance infrastructure and community facilities across its developments.

Danube Properties Announces Handover of 11 Projects In Dubai Over Next 12 Months

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Rizwan Sajan, Founder and Chairman of Danube Group

Dubai, United Arab Emirates – July 30, 2026: Danube Properties is set to hand over 11 projects in one year, marking one of the company’s largest delivery milestones and reinforcing its commitment to delivering projects on time and often before time in Dubai’s thriving real estate market.

The upcoming handovers include Elitz 1 & 3 by Danube in Jumeirah Village Circle, Sportz by Danube in Dubai Sports City, Viewz 1 & 2 by Danube in Jumeirah Lakes Towers, Oceanz 1, 2 & 3 by Danube in Dubai Maritime City, Fashionz by Danube in Jumeirah Village Triangle, and Oasiz 1 & 2 by Danube in Dubai Silicon Oasis.

Commenting on the milestone, Rizwan Sajan, Founder and Chairman of Danube Group, said: “Over the next 12 months, we are proud to hand over 11 projects, reflecting our commitment to delivering quality developments on time despite the recent regional uncertainty. These handovers represent the trust thousands of families have placed in my company and the incredible city of Dubai.”

Despite recent geopolitical developments in the GCC, which doubled the building material costs, Danube Properties remained committed to delivering every project as promised, supported by Danube Building Materials. “We absorbed the increased cost of procuring construction materials because keeping our promise to customers has always come first,” Sajan added. “Delivering on time is part of our DNA, and we look forward to welcoming thousands of new homeowners to the Danube family in the months ahead.”

With a strong pipeline of project deliveries, Danube Properties continues to contribute to Dubai’s position as one of the world’s leading real estate investment destinations, supported by visionary leadership, sustained economic growth, world-class infrastructure, and a business-friendly environment.

Dubai also offers attractive rental yields compared to many global cities, while eligible property investments provide access to the UAE’s Golden Visa programme, offering long-term residency and enhanced lifestyle opportunities.

About Danube Properties

Danube Properties, a subsidiary of the Danube Group founded in 1993 by Rizwan Sajan, is one of the UAE’s leading private real estate developers. Renowned for pioneering the 1% payment plan, the company develops fully furnished homes with more than 40 lifestyle amenities and has built a strong reputation for quality construction and timely delivery.

Dairy startup Sid’s Farm secures Rs 81-Cr to fuel expansion

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Dr. Kishore Indukuri, Founder, Sid’s Farm

Hyderabad-based dairy brand Sid’s Farm has raised over Rs 81 crore ($8.4 million) in a pre-Series B funding round led by Omnivore, Narotam Sekhsaria Family Office (NSFO), Dodla Dairy, Next Bharat Ventures and LIO, along with a consortium of other investors.

The latest investment follows the company’s $10 million Series A funding round in June 2024, which Omnivore and Narotam Sekhsaria Family Office (NSFO) co-led after Sid’s Farm secured $1 million in bridge funding from its customers and their referrals in January 2023.

Sid’s Farm plans to use the fresh capital to strengthen its supply chain, expand its manufacturing and distribution capabilities, invest in product innovation, deepen partnerships with dairy farmers and enter new markets.

Dr. Kishore Indukuri founded Sid’s Farm in 2016 as a direct-to-consumer dairy brand offering milk and a range of food products. The company said it tests every batch of milk across more than 45 quality and safety parameters and conducts over 10,000 quality tests daily.

The company currently partners with more than 5,000 dairy farmers, supporting them through fair procurement practices, veterinary services and farmer education programmes.

Sid’s Farm serves over 50,000 families across multiple cities and plans to leverage the latest funding to accelerate its next phase of growth while expanding the availability of its dairy products in new markets.

The company competes with Country Delight and Akshayakalpa Organic in India’s direct-to-consumer dairy segment.

Sunday Hotels signs 80-key hotel in Prayagraj near airport

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Sunday Hotels has signed an agreement to develop a new 80+ key hotel in Prayagraj, further strengthening its presence in India. Located near the city’s airport, the greenfield project is expected to open within the next two years.

The upcoming property has been designed to cater to both business and leisure travellers while also accommodating meetings, corporate events, weddings and social gatherings.

The hotel will feature more than 80 guest rooms, banquet and wedding venues with a landscaped lawn, dedicated MICE and corporate event facilities, and multiple food and beverage outlets for hotel guests as well as local visitors.

Prayagraj continues to witness significant infrastructure development alongside rising demand driven by religious tourism, weddings, government travel and business activity. Sunday Hotels expects the new property to serve these growing market segments while enhancing the city’s hospitality landscape.

The company said it will work closely with the ownership group throughout the design, development and pre-opening phases to ensure the successful delivery of the project.

The latest signing aligns with Sunday Hotels’ broader expansion strategy to grow its portfolio across India while delivering a consistent guest experience and supporting long-term hotel operations.

Tattva Wellness Spa expands footprint with launch at Le Méridien Ahmedabad

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Premium spa brand Tattva Wellness Spa has expanded its presence in India with the launch of a new outlet at Le Méridien Ahmedabad, offering a wellness experience that combines signature therapies, refined hospitality and holistic care.

The newly opened spa features four single-therapy rooms equipped with attached steam and shower facilities, along with a dedicated couple’s therapy room that includes a jacuzzi. Guests can also access a range of grooming services, including manicure and pedicure treatments, as part of the overall wellness experience.

Designed to meet the growing demand for relaxation and recovery, the spa offers an extensive menu of massages, beauty therapies and grooming services aimed at promoting overall well-being. Signature treatments include the Swedish Massage, Deep Tissue Massage, Indian Abhyanga Massage, Jet Lag Massage Therapy and Ayurvedic Potli Massage, among others.

Tattva Wellness Spa has designed the guest journey to begin before the therapy session. Visitors receive a seasonal welcome drink upon arrival, followed by a personalised wellness consultation to assess stress levels, fatigue, discomfort and therapy preferences. Guests opting for massage therapies also participate in an oil selection ritual tailored to their treatment.

Located within Le Méridien Ahmedabad, the spa caters to both hotel guests and local residents seeking a premium wellness destination. The designers created the interiors and service experience to foster a calming atmosphere, making the outlet a destination for regular wellness rather than an occasional indulgence.

The brand continues to build its identity around trained therapists, standardised service protocols, carefully selected products and a hospitality-led approach. Inspired by the philosophy of the five tattvas—Prithvi, Agni, Jal, Vaayu and Aakash—the spa integrates elements of grounding, warmth, flow, breath and stillness into its wellness experiences.

In addition to massage therapies, guests can choose from beauty and grooming treatments featuring ingredients such as lavender and mint for manicure-pedicure services, peach- and kiwi-based facials, and body polishes made with rose and lotus seed or sea salt and spirulina.

Commenting on the launch, Shipra Sharma, Co-Founder of Tattva Wellness Spa, said, “Ahmedabad is an important addition to Tattva Wellness’ growing presence across India. The city’s strong sense of culture, ambition, and evolving approach to well-being makes it a natural market for our brand. Through our new spa at Le Méridien Ahmedabad, we are bringing together Tattva’s wellness expertise and the hotel’s refined hospitality to create an experience that is both elevated and deeply personal. Our vision has always been to make high-quality wellness a meaningful part of people’s lives, rather than an occasional indulgence. We look forward to building a trusted wellness destination for hotel guests and Ahmedabad residents alike.”

The launch strengthens Tattva Wellness Spa’s expanding network across India while reinforcing its focus on delivering premium wellness experiences through partnerships with leading hospitality brands.

Truth & Hair bags Rs 5.4-Cr seed funding to scale product innovation and distribution

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Saumya Alagh & Shailesh Singh, Co-founders, Truth & Hair

Trichologist-founded hair beauty and styling brand Truth & Hair has raised Rs 5.4 crore in a seed funding round led by Inflection Point Ventures (IPV). The company will use the fresh capital to strengthen its positioning as a hair, makeup and beauty brand, accelerate product innovation, expand marketing initiatives, and scale its distribution network.

Truth & Hair gained national visibility after appearing on Shark Tank India Season 5, where it secured an on-air investment offer from Varun Alagh, co-founder of Mamaearth. Since then, the company has built a differentiated portfolio featuring products such as the Root Touch-Up Hair Mascara, 3-in-1 Curly Styler, and Flyaway Wand, expanding the hair care category beyond conventional shampoo-and-conditioner offerings while attracting significant media attention.

Commenting on the investment, Vinay Bansal, Founder & CEO of Inflection Point Ventures, said, “Consumers today are increasingly looking for products that are tailored to their individual hair needs rather than one-size-fits-all solutions. Truth & Hair has built a differentiated product line that combines science-backed formulations with everyday usability, making specialized hair makeup & styling and care accessible to a wider range of consumers. Saumya’s deep domain expertise and the team’s ability to identify underserved consumer needs give us confidence in the brand’s long-term potential. We are excited to partner with them as they continue to scale.”

Speaking on the funding, Saumya Alagh, Founder of Truth & Hair, said, “⁠Consumer expectations in the beauty and personal care space are evolving rapidly, creating a significant opportunity for brands that combine innovation with strong customer engagement. This investment from IPV will enable us to deepen our product portfolio, strengthen our distribution network, and invest further in brand building. We’re excited to partner with a team that shares our long-term vision and is committed to helping us build a market-leading business.”

Certified trichologist Saumya Alagh founded Truth & Hair in 2024 after building NYNM (Naturally You and Me), India’s first platform dedicated to international curly-hair brands and community, in 2018.

Co-founder and Chief Business Officer Shailesh Singh brings leadership experience from companies including GE, Max, and PeopleStrong. The founders previously built and scaled NYNM at a time when India’s curly-hair segment lacked dedicated brands, an experience that now shapes Truth & Hair’s focus on addressing another underserved category in the beauty market.

As the company expands its product portfolio and market presence, the latest funding expects to support its next phase of growth and strengthen its position in India’s evolving hair beauty and styling segment.

Pride Hotels adds 141-room Pride Plaza Indore to growing India portfolio

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Pride Hotels Group has expanded its footprint in Madhya Pradesh with the launch of Pride Plaza Indore, marking its second hotel in the city under the Pride Plaza brand.

The new property has been designed to serve both business and leisure travellers, offering modern accommodation and amenities in one of India’s fastest-growing commercial and industrial hubs.

Pride Plaza Indore features 141 rooms and suites, complemented by an all-day dining restaurant, banquet and conference facilities, and hospitality services tailored for corporate guests, events, weddings and leisure visitors.

Indore continues to strengthen its position as a preferred destination for business travel, exhibitions, conferences and tourism, supported by the city’s expanding commercial and industrial landscape.

With the addition of the new hotel, Pride Hotels Group has further strengthened its portfolio in Indore while advancing its expansion strategy across India. The property is expected to cater to a diverse mix of business and leisure travellers and reinforce the group’s presence in key business and tourism markets.