Wednesday, April 22, 2026
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Alivaa Hotels enters Kashmir with The Hoften launch in Srinagar

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Akash Bhatia, Chief Executive Officer, Alivaa Hotels & Resorts

Alivaa Hotels & Resorts has marked its entry into Kashmir with the launch of its first property in Srinagar, thereby expanding its footprint into one of India’s most prominent tourism destinations. The boutique hotel operates under the group’s growing brand, The Hoften, in partnership with Al Shaykh Resorts. As a result, this launch represents a strategic milestone for the group as it strengthens its presence in high-potential leisure markets. Positioned as a contemporary boutique offering, The Hoften focuses on delivering comfort-driven stays that align with the region’s cultural and natural appeal.

Often referred to as “Paradise on Earth,” Kashmir continues to attract travellers with its scenic landscapes, including the iconic Dal Lake, alpine meadows, and rich heritage. Moreover, the region has witnessed improved infrastructure and a steady rise in tourist footfall in recent years. Consequently, Kashmir has reinforced its position as a key destination for leisure travel, weddings, and adventure tourism.

Akash Bhatia, Chief Executive Officer, Alivaa Hotels & Resorts, expressed strong optimism about the region, stating, “Kashmir possesses a beauty that is truly unparalleled; it’s a place that stays with you long after you leave. We are thrilled to bring the Hoften brand here to complement that natural splendor with reliable, comfortable hospitality. Most importantly, we want to reassure travelers that Kashmir is not only breathtaking but also incredibly safe and welcoming. We invite everyone to come and experience the legendary Kashmiri hospitality firsthand.”

At the same time, Vikramjit Singh, Chairman and Managing Director, highlighted the strategic importance of the launch. “The opening of The Hoften in Srinagar is a pivotal moment for our group. Our partnership with Al Shaykh Resorts aligns with our vision of scaling rapidly while maintaining the soul of the land. With 30 operational hotels now spanning 22 cities and 2 countries, Alivaa is committed to setting new benchmarks in the upscale, mid-scale, and boutique segments.”

Meanwhile, Shaykh Mukhtar Ahmad, Owner of Al Shaykh Resort, emphasized the value of the collaboration, stating, “Partnering with Alivaa Hotels & Resorts allows us to bring a professional, brand- driven experience to Srinagar. The Hoften’s reputation for comfort perfectly matches the tranquil environment of our resort. This collaboration is a testament to the growing potential of Kashmir’s hospitality sector. We are dedicated to showcasing the authentic warmth of our region while ensuring international standards of service. We look forward to welcoming guests to this beautiful corner of the world and being a part of their cherished memories.”

Furthermore, the launch signals the beginning of a broader regional expansion strategy. Alivaa plans to introduce approximately 10 additional properties across Kashmir in the coming years. This move aligns with the rising demand for quality accommodation in the region and reflects growing investor confidence in Kashmir’s evolving tourism landscape.

Alivaa Hotels & Resorts is strategically positioning itself to capitalize on Kashmir’s tourism growth by combining boutique hospitality with regional partnerships. As demand for experiential travel continues to rise, the group’s expansion into the region could significantly enhance its presence while contributing to the development of Kashmir’s hospitality ecosystem.

Hyatt Hotels plan fivefold growth in India, bets big on luxury travel demand

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Hyatt Hotels Corporation is actively exploring acquisitions to scale up its footprint in India, signaling a strong push into one of the world’s fastest-growing hospitality markets.

Currently, the US-headquartered hotel chain operates 55 properties across India, while it has another 91 hotels in the pipeline. As a result, Hyatt is evaluating both organic and inorganic growth strategies as it aims to expand its presence fivefold in the country over the next five years.

“We are super bullish about India. Indians are looking at luxury travel and differentiated experiences. We do that really well,” said Vikas Chawla, who recently assumed the role of president for India and the South West Asia region.

At the same time, Stephen Ho, president, Greater China and Growth – Asia Pacific at Hyatt, highlighted that the ongoing geopolitical tensions in West Asia have not impacted investor sentiment in India’s hospitality sector. “I have not seen such a high level of confidence among owners elsewhere,” he said.

While international hotel chains, including Hyatt, typically rely on management contracts to expand, the company has also adopted an inorganic strategy in other markets. For instance, in Japan, Hyatt invested in a real estate fund to develop traditional Japanese-style inns. Earlier this year, the company also signed a strategic agreement with a local partner to bring six Wink brand hotels into its portfolio, thereby reinforcing its diversified expansion model.

Looking ahead, Hyatt Hotels is set to accelerate its growth momentum in India. “In 2026, we will open five hotels in India, including our first Destination by Hyatt brand hotel in Jaipur. This will be our tenth brand in India,” said David Udell, group president for the Asia Pacific region.

Moreover, the company plans to deepen its presence in major metropolitan hubs such as Mumbai, Bengaluru, New Delhi, and Hyderabad. Simultaneously, it is targeting expansion into high-growth segments, including leisure destinations, spiritual hubs, and select tier II and tier III cities, thereby aligning with evolving travel demand trends in India.

Prestige Estates acquires 50% stake in Aaramnagar Realty to expand Mumbai presence

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Prestige Estates is intensifying its focus on Mumbai’s premium housing segment; consequently, it has backed a new partnership in Versova with a substantial capital infusion to accelerate project development.

In a strategic move, Prestige Estates Projects Ltd has completed the acquisition of a 50 percent partnership stake in Aaramnagar Realty LLP, thereby strengthening its footprint in Mumbai. The company finalized the transaction on April 9, 2026, securing equal ownership in the entity formed to execute a real estate development project in Versova. As a result, the deal signals a calculated entry into high-growth micro-markets within the city.

Moreover, as part of the acquisition, Prestige infused Rs 180 crore into the LLP through a mix of capital and current account contributions. This investment clearly demonstrates the company’s intent to fund the project from an early stage. At the same time, the structure enables Prestige to actively participate in execution while sharing operational responsibilities with its partner, ensuring balanced risk and control.

The primary objective behind acquiring the stake is to develop a residential project in Versova, a well-established and sought-after locality in Mumbai. As noted in the annexure on page 2, Aaramnagar Realty LLP operates in the real estate development sector and was incorporated in 2018. Despite reporting nil turnover over the past three years, the entity serves as a dedicated vehicle for this upcoming development, thereby aligning with Prestige’s targeted expansion strategy.

Importantly, the transaction does not qualify as a related party deal, and the company has confirmed that its promoters or promoter group hold no direct interest in the LLP. Consequently, this ensures a transparent ownership structure and simplifies governance. In addition, the absence of regulatory approval requirements enabled a seamless and timely completion of the acquisition.

Overall, Prestige Estates’ latest investment underscores its strategy of channeling capital into high-potential real estate opportunities across key urban markets.

Prestige Estates is not only expanding its presence in Mumbai but also strengthening its position in the premium housing market through disciplined capital deployment and strategic collaborations, which could drive sustained value creation in the coming years.

Minor Hotels accelerates digital transformation with AI and data strategy

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Ian Di Tullio, Chief Commercial Officer, Minor Hotels

Minor Hotels has unveiled plans to build a new global data and AI platform from the ground up in partnership with Google Cloud, Salesforce, OneTrust, and Deloitte, thereby accelerating its long-term digital transformation strategy. This initiative represents one of the most significant technology investments in the company’s history and reflects its ambition to lead the hospitality sector in leveraging data and AI for personalised guest experiences across its 640+ properties worldwide.

At the same time, Minor Hotels is developing a unified digital platform that connects global guest data, marketing, and service operations. As a result, the group will recognise guests more consistently across brands and geographies, personalise communication and offers based on preferences and past stays, and ensure responsible data management with embedded privacy and governance frameworks from the outset.

Moreover, the company is building this platform independently of legacy systems, enabling it to leapfrog traditional technology constraints. The platform, expected to be fully deployed by 2026, will leverage advanced enterprise-grade AI capabilities, including generative AI, intelligent agents, and automation. Consequently, this clean-sheet approach will accelerate development timelines and allow Minor Hotels to rapidly evolve its commercial and service capabilities as AI technologies mature.

“AI is becoming the front door to travel—and with it, control over demand is shifting,” said Ian Di Tullio, Chief Commercial Officer of Minor Hotels. “The brands that win will not be the most visible but the most intelligent: those able to respond in real time, own their data, and shape the guest relationship directly. At Minor Hotels, we are building that capability at scale, ensuring we don’t just participate in this new landscape but define our position within it.”

Furthermore, the platform will run on Google Cloud’s AI-optimized stack, with BigQuery and Vertex AI forming the interoperable data and intelligence layer. This integration will unify guest data across brands, regions, and digital touchpoints, thereby enabling seamless and consistent guest experiences across properties such as Anantara in Thailand and Tivoli in Portugal.

In addition, Minor Hotels is moving beyond basic AI functionalities toward agentic orchestration. The platform will support the deployment of Google-built, third-party, or custom AI agents powered by unified data. These agents will handle tasks such as booking management, itinerary curation, and real-time resolution of complex guest requests, significantly enhancing service efficiency.

“The future belongs to context-aware AI agents that anticipate needs and execute tasks throughout the travel journey,” said Mark Micallef, Managing Director, Southeast Asia, Google Cloud. “By anchoring its transformation on Google Cloud’s open and secure full-stack architecture, our native integrations with Salesforce, and the solution engineering expertise of our partners like Deloitte, Minor Hotels is bypassing the integration hurdles of fragmented traditional clouds and establishing the blueprint for more personalised, proactive, and responsive guest experiences.”

Meanwhile, Salesforce will power marketing automation and guest communications through Agentforce Marketing, while Data 360 will integrate guest preferences and enable real-time segmentation. This will help Minor Hotels unlock new commercial opportunities while improving guest satisfaction and loyalty.

“In the AI era, the margin for error in customer experience has disappeared. Guests expect interactions to be instant, intuitive, and deeply personal,” said Apisit Kuparatana, Country Leader and Managing Director, Salesforce Thailand. “Automation grounded in relevant guest insights can help turn distinct guest touchpoints into a meaningful, connected journey.”

At the same time, OneTrust will ensure responsible data governance by embedding privacy and consent management directly into the platform. This approach will allow Minor Hotels to scale personalisation while maintaining transparency and trust with guests.

“Consent is the foundation of lasting customer relationships and durable data strategies,” said Arran Mulvaney, Regional Director, ASEAN, OneTrust. “With privacy and governance embedded in its platform from the outset, Minor Hotels demonstrates a clear commitment to its guests by making responsible data use a priority, not an afterthought.”

Additionally, the platform will introduce AI-enabled capabilities designed to enhance both guest engagement and operational efficiency. Intelligent service agents will support hotel teams and contact centres in responding faster to guest requests, while AI-driven engagement tools will deliver personalised recommendations for experiences and upgrades. As AI continues to reshape travel discovery and booking, the platform will also help Minor Hotels adapt to emerging AI-led ecosystems where digital assistants increasingly influence consumer decisions.

Deloitte, acting as the strategy and implementation partner, is leading the integration of this advanced technology stack into a cohesive enterprise operating model. The firm is ensuring that AI capabilities are deeply embedded into core business processes, decision-making, and workflows across Minor Hotels’ operations in more than 63 countries.

“Transformations of this scale not only require powerful technology, but they also require alignment across the organisation and working with each of the country operations to ensure that utilisation is seamless and effective,” said Dr. Metinee Jongsaliswang, Country Managing Partner, Deloitte Thailand. “It is a great privilege for us to work together with Minor Hotels and the other partners to bring together the right technology ecosystem and integration strategy to create a platform that can evolve with the business, unlock new opportunities for growth and guest engagement, and be the forefront of the future for the hospitality sector.”

Minor Hotels is setting a new benchmark in AI-driven hospitality by building a future-ready platform that integrates data, technology, and guest experience. With strong partnerships and a clear innovation roadmap, the company is well-positioned to lead the next phase of personalised, intelligent, and scalable hospitality solutions globally.

EV startup Astranova Mobility raises ₹60-Cr to scale EV financing platform in India

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Kunal Mundra & Nikhil Aggarwal, co-founders, Astranova Mobility

Astranova Mobility, an India-based full-stack EV financing and asset management startup, has raised ₹60 crore (approximately US$6.4 million) in a Series A funding round. IvyCap Ventures led the round, while Asian Development Bank Ventures and Advantedge Founders participated as existing investors. Additionally, US-based Trucks Venture Capital joined as a new investor, reflecting growing global interest in India’s EV ecosystem.

Founded in 2023 by Kunal Mundra, former CEO of Cars24, and Nikhil Aggarwal, co-founder of Grip Invest, Astranova Mobility provides integrated solutions for commercial fleet operators transitioning to electric vehicles. The company delivers operating leases, customised financing, maintenance, refurbishment, and redeployment services through a tech-enabled platform that manages the full lifecycle of EV assets, including two-wheelers, three-wheelers, cars, buses, and trucks.

Since its inception, the company has financed and supported more than 25,000 electric vehicles, while building an asset under management (AUM) exceeding ₹350 crore. Moreover, Astranova Mobility actively partners with fleet operators and OEMs to simplify electrification by addressing key challenges such as high upfront costs, maintenance complexities, and lifecycle management in India’s rapidly expanding EV market.

Importantly, the company will deploy a significant portion of the newly raised capital to strengthen its data, artificial intelligence (AI), and engineering capabilities. This investment will enhance predictive analytics, risk assessment, asset performance monitoring, and operational efficiency. As a result, Astranova aims to scale its platform and deepen its impact on commercial fleet electrification across India.

Meanwhile, the funding comes at a critical juncture as India accelerates its push toward net-zero mobility goals. With EV adoption gaining strong momentum in last-mile delivery and logistics segments, Astranova Mobility is positioning itself as a key enabler for fleet owners seeking sustainable and cost-effective solutions.

Looking ahead, Kunal Mundra expressed confidence that 2026 will be a breakout year for EV adoption in India, particularly across two-wheelers, three-wheelers, and buses. Furthermore, the company plans to double its deployments in the coming months while expanding its network of financing partners to support rapid growth.

Overall, this Series A round brings Astranova Mobility’s total funding to around $5 million across multiple rounds, underscoring strong investor confidence in its full-stack EV-as-a-service model. As India’s EV market continues to mature, the company’s technology-driven approach to asset management is expected to play a pivotal role in accelerating adoption among commercial fleets.

Astranova Mobility is emerging as a significant player in India’s EV financing and asset management space. By combining technology, financing, and lifecycle management, the company aims to unlock scalable, sustainable mobility solutions and drive the next phase of EV adoption in the country.

Hospitality professional Abhijit Dey launches Starline Hospitality to drive growth in India’s hotel sector

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Abhijit Dey, Founder, Starline Hospitality

Hospitality professional Abhijit Dey has launched Starline Hospitality, a Mumbai-based hotel operating company focused on enhancing operational performance, revenue management, and brand standards. With over 15 years of experience across leading hotel groups in India, Dey has now stepped into entrepreneurship, aiming to drive growth across both owned and franchised hotel assets in the evolving hospitality sector.

At the same time, Starline Hospitality is positioning itself to address changing industry expectations by offering end-to-end hotel management solutions. The company is actively working to improve sales performance while ensuring consistency in guest experience and asset quality. Moreover, it combines traditional Indian hospitality practices with structured service standards and streamlined operational processes to deliver measurable outcomes.

In addition, the company follows a dual operational strategy across owned and franchised properties. For owned assets, Starline takes full responsibility for profit and loss while also managing operations, sales, and capital planning. On the other hand, for franchised hotels, it focuses on maintaining brand standards, representing owners, and optimising fee structures. As a result, this model will enhance asset performance and maximise returns for hotel owners.

Furthermore, Starline Hospitality has implemented a performance-driven framework that targets annual growth through improvements in RevPAR (Revenue Per Available Room) and gross operating profit. It also standardises operations across franchised properties and leverages its internal Quality Index (SQI) for owned hotels. Alongside this, the company incorporates cost optimisation strategies such as centralised procurement, workforce planning, and energy efficiency to strengthen overall operational efficiency.

This strategic approach draws significantly from Dey’s extensive experience with hospitality brands such as Stone Wood Hotels and Resorts, Great Value Hospitality, VITS Kamats Hotels, Cambay Hotels & Resorts, and K Raheja Hotels. His background spans key functions including sales, business development, hotel operations, and asset management, thereby providing a strong foundation for this new venture.

Commenting on the launch, Abhijit Dey said, “Starline Hospitality has been established with a focus on consistent performance and guest engagement. Our work with investors, travel partners, and corporate clients is centered on delivering value through structured operations and long-term growth.”

Meanwhile, technology plays a critical role in Starline’s growth strategy. The company deploys advanced tools for guest personalisation and revenue optimisation, including the NORTH STAR Model. These systems enhance the entire guest journey—from booking to check-out—while simultaneously unlocking new revenue opportunities for hotel partners.

Additionally, Starline Hospitality is integrating sustainability into its long-term vision. The company plans to guide its premium properties toward LEED Platinum certification while also pursuing carbon reduction goals under its ‘Responsible Luxury’ framework, thereby aligning with global sustainability standards in the hospitality industry.

Beyond operations, the company is also focusing on curating guest-centric experiences across dining, cultural engagement, and lifestyle programming. This approach aims to strengthen property positioning in competitive markets while enhancing overall guest satisfaction.

Equally important, Starline places strong emphasis on people development. The company is investing in training programmes, continuous learning, and employee engagement initiatives to ensure consistent service delivery and operational excellence across its portfolio.

Starline Hospitality’s launch reflects a broader shift in the Indian hospitality industry toward performance-driven, tech-enabled, and sustainability-focused hotel management models.

JLL ranks #118 in Fortune India MNC 500 for 2026, strengthens real estate market leadership

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Radha Dhir, Chief Executive Officer, India, JLL

JLL, the largest international real estate consulting firm in India, secured the #118 position in Fortune India MNC 500 for 2026. Notably, this marks the second consecutive year the company has been featured, while it continues to maintain its leadership in the ‘Professional Services – Real Estate Consultant’ category.

The Fortune India MNC 500 list ranks companies based on revenue; therefore, JLL’s position highlights its strong market presence and consistent performance. As a result, the company continues to reinforce its reputation as a trusted partner for businesses seeking expert real estate solutions in India’s evolving and competitive market.

Radha Dhir, Chief Executive Officer, India, JLL, expressed pride in this recognition and attributed the milestone to the dedication and hard work of the team. She emphasized, “India has always been a key focus area for JLL’s growth, and we are excited to continue leading the way in such a dynamic market.”

Furthermore, Dhir outlined the company’s forward-looking strategy, stating, “Our ‘Accelerate 2030’ strategy will help us strengthen our position and push the boundaries of what’s possible in real estate.”

Overall, this achievement underscores JLL’s pivotal role in helping clients navigate India’s complex real estate landscape while shaping the future of the sector. As India continues to emerge as a major hub in the global commercial real estate market, JLL remains committed to driving value, fostering innovation, and setting new benchmarks for excellence.

AI startup Nava secures $22M funding to expand GPU cloud and data centre infrastructure

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Abhinav Sinha, Vamshidhar Reddy, and Abhijeet Singh, co-founders, Nava

Artificial intelligence (AI) startup Nava, formerly Kluisz, has secured $22 million in a fresh funding round led by Greenoaks Capital, with participation from RTP Global and Unicorn India Ventures. With this investment, the company is accelerating its pivot toward building a full-stack AI cloud infrastructure platform across the Asia-Pacific region, positioning itself in the rapidly growing AI infrastructure market.

Founded in 2025 by former OYO global chief operating officer Abhinav Sinha, ex-McKinsey partner Vamshidhar Reddy, and former Jio cloud executive Abhijeet Singh, Nava is actively expanding beyond its earlier software-led GPU cloud offering. Instead, it is adopting a vertically integrated approach that combines AI-optimised data centres, high-performance GPU compute, and AI-native orchestration and inferencing layers to deliver end-to-end infrastructure solutions.

“This is an important phase for us. We started as a software-first GPU cloud company but are now building a full-stack neo-cloud platform,” Sinha said, adding that the rebrand reflects the company’s expanded vision and ambition.

Moreover, Nava plans to deploy the newly raised capital to strengthen its GPU compute capabilities and scale its AI data centre infrastructure. At the same time, the company will invest significantly in talent acquisition across AI infrastructure domains, including data centre design, GPU engineering, and go-to-market functions. As part of this expansion strategy, Nava is actively hiring across India and Southeast Asia, particularly in Singapore, where data centre ecosystems are more mature.

Meanwhile, the company is targeting enterprises that are developing AI models and applications by offering flexible infrastructure solutions such as GPU-as-a-service and bare-metal compute. “Anyone building at the model or application layer in AI is a potential customer,” Sinha said. Currently, Nava is also engaged in advanced discussions to roll out its next-generation GPU-AI infrastructure offerings.

Industry data further highlights the scale of opportunity. According to the Council on Energy, Environment, and Water and CBRE, India’s installed data centre capacity reached around 1.5 GW in 2025; however, the sector remains in the early stages of a potential fourfold expansion. In comparison, the US data centre market projects to reach approximately 76 GW in total power demand in 2026, underscoring the global surge in AI-driven infrastructure demand.

Additionally, Sinha noted that global supply chain constraints and geopolitical shifts are opening up new opportunities for emerging infrastructure players. “While the business is capital-intensive, Nava is betting on a combination of software-led differentiation and strong investor backing to scale.”

Earlier, the company raised $9.6 million in a funding round led by RTP Global. Notably, Nava has established Singapore as its regional headquarters while continuing to maintain a strong execution base in India, enabling it to balance innovation with operational efficiency.

Commenting on the development, Madhur Makkar, principal at RTP Global, said, “In under a year, this team has demonstrated exceptional execution and is strongly positioned to address the growing need for purpose-built AI infrastructure across Asia.”

Similarly, Bhaskar Majumdar, managing partner at Unicorn India Ventures, added that AI-led compute demand is driving a structural shift and making data centres a critical component of the technology value chain. “As a deep tech investor, we back companies across the AI value chain, and Nava fits well within this strategy.”

Ultimately, Nava’s transition into a full-stack AI cloud platform reflects a broader industry evolution where integrated, scalable, and AI-native infrastructure is becoming essential. As demand for AI compute continues to rise across enterprises, the company aims to capitalise on this momentum and expand its footprint across Asia-Pacific.

Permira enters India with $100 Million investment in SILA, bets on real estate services boom

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Rushabh and Sahil Vora, Founders, SILA

London-headquartered investment firm Permira has entered India with its maiden investment of $100 million (over Rs 925 crore) in business services and real estate platform SILA, highlighting the growing investor interest in property-linked services in the country. As part of the deal, Permira has acquired a 40% stake in SILA, valuing the company at $250 million (over Rs 2,300 crore).

Notably, the transaction includes a 36% stake divestment by existing investor Norwest Venture Partners, while angel investors have sold the remaining 4%. However, Norwest will continue to hold a significant minority stake, reinforcing its long-term commitment to the company. Since 2019, Norwest has invested a total of $54 million in SILA across multiple funding rounds and is now partially exiting its earlier investments with strong returns.

“India is creating a new generation of globally relevant, tech-enabled services companies, and SILA is among the most compelling we’ve seen. We look forward to bringing our global pattern recognition, internal operator bench, and international networks to this next chapter,” said Dipan Patel, co-Managing Partner and co-CEO at Permira.

Meanwhile, Shiv Chaudhary, MD, Norwest India, continued to have confidence in the company’s growth trajectory. “SILA continues to innovate across service offerings. Norwest believes the journey for SILA is just beginning and will continue its partnership with SILA and Permira with a meaningful minority position,” he said.

Importantly, Permira will deploy the investment through its advised funds to strengthen SILA’s technology capabilities, expand adjacent service lines, and accelerate its pan-India growth strategy.

“We are partnering with Permira, which brings deep expertise in business services, as we enter our next phase of growth. Our focus is on using technology to drive efficiency, transparency, and service quality at scale across India’s built environment, a strategy that will shape the next phase of growth,” said SILA founders Rushabh Vora and Sahil Vora.

For Permira, which advises funds with €89 billion in committed capital globally, this transaction represents a strategic bet on India’s rapidly scaling services ecosystem. In particular, the firm is targeting sectors where technology integration, operational efficiency, and platform-led models are emerging as key differentiators.

Operationally, SILA runs an integrated platform spanning facility management, material handling equipment leasing, food catering, and real estate advisory. The company currently operates in over 125 cities, manages more than 450 million sq ft of real estate, and employs a workforce of over 60,000.

Furthermore, this deal reflects a broader structural shift in India’s real estate ecosystem. As institutional ownership rises across office, logistics, residential, and retail assets, demand for organized, technology-driven services continues to grow. Consequently, platforms like SILA are gaining strong traction.

Industry experts believe this segment offers a multi-decade growth opportunity, supported by expanding commercial office portfolios, rapid growth in warehousing and industrial assets, and the ongoing formalisation of property management services.

Additionally, Permira’s global investment portfolio includes companies such as Hugo Boss, Valentino, Zendesk, McAfee, and Informatica, among others, showcasing its diversified investment strategy.

Permira’s entry into India through SILA marks a significant milestone in the country’s evolving real estate services landscape. As demand for tech-enabled, integrated service platforms rises, this investment positions SILA to scale operations, enhance capabilities, and capitalise on long-term growth opportunities in India’s built environment.

Startup Policy Forum partners with Fintech Premier League to boost ecosystem collaboration

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Shweta Rajpal Kohli, Founder & CEO, Startup Policy Forum

Startup Policy Forum (SPF), a leading startup advocacy and membership body in India, has announced a strategic partnership with the Fintech Premier League (FPL), a cricket tournament that is rapidly emerging as a flagship tradition within India’s fintech ecosystem.

Originally conceptualised by Signzy, the inaugural edition of FPL delivered strong community engagement by bringing fintech professionals together beyond formal business settings and onto the cricket field. Notably, 32 fintech companies participated in the first edition, including Razorpay, PayU, CRED, PhonePe, Zerodha, and Paisabazaar.

Furthermore, the tournament featured over 86 matches and saw participation from more than 100 CXOs and senior leaders. As a result, Zerodha emerged as the national winner, marking a significant milestone for the fintech community.

“The first edition of FPL showed us something we always believed: that the fintech ecosystem is more than a professional community; it is a family. When you have 32 companies, 100+ senior leaders, and 86 matches — and the energy only gets better with every game — you know you’ve built something real. Bringing SPF on board as a partner for the 2nd edition is a tremendous boost. SPF’s reach, its convening power, and its deep relationships across the ecosystem mean that FPL can now truly become an industry-wide initiative. We couldn’t think of a better partner to help us take FPL to the next level,” Arpit Ratan, Co-founder, Signzy said.

Meanwhile, Shweta Rajpal Kohli, Founder & CEO, Startup Policy Forum emphasised the alignment between SPF’s mission and the initiative. “SPF exists to bring India’s startup community closer across policy, partnerships, and community. Ecosystems are built in the moments of connection between people building together. The Fintech Premier League embodies that spirit perfectly. Nothing creates bonds quite like the game of cricket does. Partnering with FPL for its second edition is a natural fit given our mission of community building. We want to make it bigger, bolder, and more inclusive. A true celebration of making the ecosystem stronger.”

Additionally, the announcement took place on the sidelines of the Fintech Baithak, SPF’s closed-door engagement platform that brings together fintech founders and senior government stakeholders to drive meaningful policy discussions.

The SPF–FPL partnership highlights the growing importance of community-driven initiatives within India’s fintech ecosystem. By combining industry participation with cultural engagement, the collaboration aims to scale FPL into a larger, more inclusive platform that strengthens relationships and fosters deeper collaboration across the sector.