Wednesday, April 22, 2026
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Wellness startup Aarus enters India with functional wellness products

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Yagyesh Kanoria, Founder of Aarus

Direct-to-consumer wellness startup Aarus has officially launched in India, positioning its offerings around functional ingredients delivered through everyday formats such as cocoa drinks, sweeteners, and chewing gum. Notably, the company aims to provide an alternative to conventional pill-based supplements while improving long-term consumer adoption.

Moreover, incubated by the Kanoria Foundation, Aarus is targeting what it describes as the “adherence gap” in preventive healthcare. While many consumers purchase supplements, they often fail to maintain consistent usage. Therefore, Aarus embeds clinically formulated compounds into familiar daily formats, eliminating the need for users to build entirely new habits.

In line with this strategy, the company has introduced its first product, Drift, a nighttime cocoa blend designed to support sleep. The formulation combines botanical extracts, amino acids, and essential minerals, thereby aligning with existing post-dinner routines. As a result, Drift reframes supplementation as a habit-linked ritual rather than a clinical intervention. Additionally, the company revealed that early closed-cohort testing demonstrated improvements in sleep onset and overall sleep quality, with some users even replacing late-night snacking with the drink.

Initially, Drift will launch through a waitlist model before expanding into broader online distribution channels. This phased rollout allows the company to refine its product based on real user feedback.

“We are building products that people can adopt effortlessly by embedding them into their existing routines, rather than asking them to create new ones,” said Yagyesh Kanoria, Founder of Aarus.

“At a broader level, the challenge in preventive healthcare is not just access but consistency—people start with intent but often don’t sustain usage. Our focus is on improving adherence by designing formats that fit naturally into daily life. This approach aligns with a broader global shift, where markets such as the US and Europe are moving away from traditional pill-based supplementation toward products embedded within everyday consumption. We combine scientific rigour with familiar formats, while continuously learning from user behaviour to refine both formulation and delivery.”

Looking ahead, Aarus is building a diversified product pipeline. It includes a focus-enhancing low-calorie sweetener, a mineral-rich salt alternative aimed at reducing sodium intake, and a collagen-support chewing gum. Furthermore, Kanoria, who brings expertise in biochemistry and pharmaceuticals, emphasised that launch timelines will depend on ongoing consumer feedback. Over time, the company plans to expand across multiple wellness categories while strengthening its product-market fit.

Aarus is aligning itself with a growing global shift toward functional, habit-integrated wellness solutions. By combining scientific formulation with everyday consumption formats, the startup is well-positioned to address the critical challenge of consistency in preventive healthcare while tapping into the rapidly evolving D2C wellness market.

Spacetech startup SatLeo Labs raises $2.2M to scale thermal satellite intelligence platform

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Spacetech startup SatLeo Labs has raised $2.2 million in a seed funding round led by Unicorn India Ventures, thereby taking its total funding to $5.5 million to date. Notably, the round also witnessed participation from Merak Ventures, Java Capital, IIMA-CIIE, and investor Manish Gandhi.

Furthermore, the company plans to utilise the fresh capital to accelerate its thermal satellite mission while simultaneously scaling its AI-powered platform for thermal intelligence applications.

Founded by Shravan Bhati, SatLeo Labs develops satellite-based systems capable of capturing both thermal and visible data from low Earth orbit. Consequently, its platform enables a wide range of applications, including defence, agriculture, urban planning, and climate monitoring.

In addition, the startup has already developed its first thermal payload, TAPAS-1, and is currently preparing it for satellite integration. At the same time, it has initiated pilot deployments, including urban heat and air pollution monitoring projects in cities such as Ahmedabad and Tumakuru.

Meanwhile, SatLeo Labs has expanded its team to nearly 30 members and continues to strengthen its commercial pipeline. Importantly, the company has secured letters of intent exceeding $42 million, reflecting strong market interest in its offerings.

Looking ahead, the firm will focus on achieving satellite launch readiness, expanding its commercial footprint, and scaling its thermal data capabilities over the coming year.

SatLeo Labs’ latest funding round underscores growing investor confidence in India’s spacetech ecosystem. As demand for satellite-driven intelligence rises across sectors, the startup appears well-positioned to capitalise on emerging opportunities while advancing its technological roadmap.

Nykaa in talks to acquire majority stake in Deepika Padukone’s 82°E

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Beauty and fashion retailer Nykaa, operated by FSN E-Commerce Ventures and led by Falguni Nayar, is reportedly in talks with Deepika Padukone’s premium skincare brand 82°E to acquire a majority stake. This move comes as Nykaa continues to strengthen its House of Nykaa portfolio amid intensifying competition in the beauty and personal care market.

“The potential deal hinges on Nykaa’s market leadership position, cumulative beauty customer base of 42 million, and ability to build on repeat orders and scale, to help turn around the flagging 82°E,” one of the executives said.

Notably, Nykaa and Padukone already share a strategic relationship. The platform appointed the actress as its global brand ambassador in September last year, where she led marquee campaigns such as Pink Friday Sale and Nykaaland. However, both Nykaa and 82°E did not respond to queries regarding the ongoing discussions.

Meanwhile, 82°E is expected to retain a minority stake if the deal materializes. However, the brand has struggled to meet growth expectations. Its premium pricing strategy, with products averaging ₹2,500 for 50-ml jars, coupled with unclear positioning and rising competition from digital-first skincare brands, has weighed on performance. Consequently, the direct-to-consumer venture, launched in late 2022, reported a 30% decline in revenue to ₹14.7 crore in FY25, while losses stood at ₹12.26 crore, according to regulatory filings.

On the other hand, Nykaa continues to aggressively expand its footprint and portfolio. The company competes with players such as Reliance Retail’s Tira, Sephora, and Shoppers’ Stop Beauty. In line with its House of Nykaa strategy, the retailer has strengthened its offerings through acquisitions of brands like Nudge Wellness, Dot & Key, and Earth Rhythm.

Furthermore, the company has delivered strong financial performance. It reported a 156% year-on-year jump in net profit to ₹68 crore for the quarter ended December 31, 2025. At the same time, consolidated revenue rose 27% to ₹2,873 crore, driven by robust demand and improved margins. Additionally, Nykaa expanded its offline presence by adding 11 new stores and entering four new cities during the quarter, taking its total store count to 276.

At an industry level, a joint report by Nykaa and Redseer highlighted that India is the world’s fastest-growing beauty and personal care market. The report projected the sector to reach $34 billion by 2028, up from $20 billion last year. Moreover, e-commerce continues to lead growth within the segment, supported by increased access to global premium brands, rising discretionary spending, and strong demand from tier 2 and tier 3 cities, alongside a younger consumer base.

Nykaa’s potential investment in 82°E signals a strategic push to consolidate its leadership in India’s rapidly expanding beauty market. While the deal could provide 82°E with the scale and distribution it needs to revive growth, it also reinforces Nykaa’s long-term vision of building a diversified and competitive in-house brand ecosystem.

Himachal Pradesh to get Rs 180-Cr Five-Star Hotel in Kangra under ADB project

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R S Bali, Chairman of the Himachal Pradesh Tourism Development Corporation

The Himachal Pradesh Tourism Development Corporation has announced plans to develop a major hotel project worth Rs 180 crore in the Kangra district under an Asian Development Bank-backed initiative, signalling a strong push to boost tourism infrastructure in the region.

Sharing details at a press conference, R S Bali confirmed that the board of directors approved the decision during a recent meeting.

He said, “This hotel will feature the state’s first musical fountain and will be constructed as a five-star property at the foothills of the scenic Dhauladhar range. The tender for this project, which is the largest in the state, will be finalised on April 6.”

Moreover, the corporation is also investing significantly in upgrading existing hospitality assets. In Shimla, it will spend Rs 45 crore on renovating the Hotel Holiday Home, for which it has already received approval from the central government.

In addition, renovation work is currently underway for three hotels in Manali. Furthermore, the corporation has allocated around Rs 20 crore for Hotel Hamir and Rs 35 crore for Jwalaji in Jwalamukhi, thereby strengthening its overall hospitality portfolio across key tourist destinations.

Alongside infrastructure upgrades, the corporation has also approved the establishment of a 24×7 call centre to enhance customer service and improve tourist engagement.

These developments reflect a comprehensive strategy by the Himachal Pradesh Tourism Development Corporation to modernise infrastructure, elevate visitor experiences, and position the state as a premier tourism destination in India.

Planet Hotels & Resorts expands India footprint with strategic growth pipeline

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Anand Chatterjee, Executive Director, Planet Hotels and Resorts

Planet Hotels & Resorts continues to strengthen its footprint across India by advancing a robust and strategically curated development pipeline. Under the leadership of Anand Chatterjee, who has led the company’s hospitality vertical for over a decade, the brand is steadily redefining premium lifestyle hospitality across key markets.

Since its early ventures in 2013, marked by the launch of the Planet Hollywood Beach Resort, the group has evolved into a dynamic hospitality player. Over the years, it has expanded its presence across high-growth destinations such as Thane, Powai, and Manali, thereby building a diversified portfolio across leisure and urban markets.

Moreover, flagship properties, including Planet Hollywood Thane City and The Beatle Hotel, anchor the brand’s urban portfolio and reflect its focus on design-led and experience-driven hospitality. In addition, the company strengthened its boutique segment in 2025 with the successful debut of its Manali property under The Beatle brand, catering to travellers seeking elevated mountain experiences.

Further advancing its premium positioning, the group announced the launch of Kings Mansion in early 2026. Located in North Goa, this exclusive property is designed as a refined retreat for ultra-premium travellers, combining privacy, bespoke experiences, and distinctive design elements.

Looking ahead, Planet Hotels & Resorts has outlined an ambitious expansion roadmap. The company plans to develop new properties across key destinations such as New Delhi, Tirupati, Udaipur, and Hyderabad, while also evaluating additional high-potential markets. Consequently, these developments align with the brand’s vision to establish a strong presence across India’s leading leisure, spiritual, and urban hubs.

Commenting on the company’s growth trajectory, Anand Chatterjee said, “Our expansion strategy is deeply rooted in identifying emerging lifestyle destinations and curating experiences that resonate with the evolving expectations of today’s traveller. As we scale across diverse markets, our focus remains on delivering design-forward environments, intuitive service, and immersive stays that define modern premium hospitality. This journey is not just about growth in numbers but about creating meaningful, differentiated experiences across every touchpoint.”

Planet Hotels & Resorts continues to scale its operations through a strategic mix of flagship, boutique, and ultra-premium developments. By focusing on experiential hospitality and expanding into high-demand destinations, the company aims to capitalise on India’s growing travel and tourism sector while setting new benchmarks in premium lifestyle hospitality.

Prestige Estates expands Hyderabad portfolio with launch of Prestige Golden Grove

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Prestige Estates Projects has announced the launch of Prestige Golden Grove, a landmark residential project in Hyderabad, strategically located in the rapidly emerging residential hub of Tellapur. This launch further strengthens the company’s presence in one of India’s fastest-growing real estate markets.

Spanning 28.6 acres, Prestige Golden Grove stands out as one of the largest residential developments in Hyderabad. The project offers a massive total saleable area of approximately 10.36 million square feet and carries an estimated Gross Development Value (GDV) exceeding Rs 9,500 crore. Moreover, the development features 5,120 residential units, thereby catering to strong and diverse housing demand in the region.

The project offers a wide range of configurations, including 2, 3, 3.5, and 4-bedroom homes, along with premium 4-bedroom residences that include staff accommodation. Additionally, the residences range in size from 1,169 sq. ft. to 3,013 sq. ft., while ticket sizes are expected to fall between approximately Rs 1 crore and Rs 3 crore, making the project accessible to a broad spectrum of homebuyers, from mid-segment buyers to premium investors.

Furthermore, the strategic location of Tellapur enhances the project’s appeal, as the area continues to witness rapid infrastructure development, improved connectivity, and increasing demand for quality housing. As a result, Prestige Golden Grove looks forward to attract both end-users and investors looking for long-term value in Hyderabad’s expanding residential landscape.

In addition, the scale and configuration diversity of the project reflect Prestige Estates’ focus on delivering integrated communities that combine modern living with convenience and accessibility. Consequently, the development aligns with the evolving preferences of urban homebuyers seeking spacious, well-designed homes in high-growth corridors.

The launch of Prestige Golden Grove underscores Prestige Estates Projects’ commitment to expanding its footprint in key metropolitan markets. By offering a large-scale, thoughtfully planned residential community in Tellapur, the company aims to capitalise on Hyderabad’s real estate momentum while delivering long-term value to homeowners and investors alike.

HDB Financial Services partners AWS to accelerate financial innovation

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Mr. G Ramesh, MD and CEO, HDB Financial Services

HDB Financial Services, in collaboration with Amazon Web Services, has successfully concluded the HDB–AWS Ideathon, bringing together some of India’s most promising innovators to develop production-ready fintech solutions. The initiative focused on solving critical challenges across lending, risk management, customer experience, and operational efficiency, thereby accelerating digital transformation in the financial services sector.

The Ideathon witnessed participation from 38 fintechs, techfins, and technology innovators who submitted solutions aligned with real-world business use cases identified by HDB Financial Services. Moreover, the program aimed to uncover scalable, technology-driven approaches capable of enhancing accessibility, improving service delivery, and boosting operational agility across India’s financial ecosystem.

Subsequently, the Ideathon shortlisted 10 high-potential teams, who worked closely with mentors from HDB Financial Services and AWS over several weeks. During this phase, participants leveraged AWS’s cloud infrastructure, data capabilities, and generative AI tools to design solutions tailored to real operational challenges within HDB’s business environment.

The final stage featured Shark Tank-style presentations, where innovators showcased how emerging technologies can address long-standing inefficiencies and unlock new opportunities in financial services. Following a rigorous evaluation process, Noventiq emerged as the winner for its Agentic AI solution. Meanwhile, Nugget by Zomato and Ganit Business Solutions Pvt Ltd secured the runner-up positions with their scalable, technology-driven offerings.

Commenting on the successful conclusion, G Ramesh said, “Through this Ideathon, we have seen how startups can build enterprise-scale solutions that improve operational efficiency while also supporting financial inclusion across India. The collaboration demonstrates the potential of combining innovation with the scale and reach of established financial institutions.”

Looking ahead, the selected winners will enter a pilot phase with HDB Financial Services, opening pathways for potential long-term commercial partnerships. These pilots will focus on integrating the solutions into HDB’s extensive pan-India network of over 1,700 branches. As a result, customers can expect faster, more seamless, and highly personalised financial services, including improved access to affordable credit, reduced turnaround times, and enhanced overall service experience.

Atmosphere Core expands India presence with Shillong boutique hotel project

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Atmosphere Core has announced a strategic collaboration with Rocky Dhar to launch an upper-upscale boutique hotel in Shillong, further strengthening its presence in India’s premium hospitality segment. The upcoming property, DHAR GOLF VISTA by Atmosphere Shillong, will open in 2027 and will be located in Meghalaya’s capital, approximately an hour from Shillong Airport and adjacent to the renowned 18-hole Golf Link Arena.

As part of its broader expansion strategy, Atmosphere Core continues to focus on delivering premium experiences in emerging hill station destinations, particularly across Northeast India. The Shillong project reflects this vision, aiming to cater to a diverse mix of travellers, including leisure tourists, corporate guests, and curated social events.

Commenting on the development, Salil Panigrahi stated, “As part of our dynamic expansion across India, a key focus is our approach towards developing premium experiences in hill station destinations, particularly in the beautiful northeastern region. This upcoming boutique property in Shillong, Meghalaya, is being thoughtfully designed to cater to a diverse range of travellers—from leisure seekers and corporate guests to curated events and social get-togethers.”

Operating under the Atmosphere Hotels & Resorts brand, the property will feature 75 keys, including deluxe rooms, suites, and presidential suites. Moreover, the hotel will offer panoramic views of the golf course, mountain valleys, lush greenery, and the cityscape, thereby creating a serene and immersive guest experience.

In addition, the hotel will deliver a well-rounded dining and wellness offering. Guests will have access to an all-day dining restaurant with outdoor seating, a sports pub, and a rooftop bar serving both local and multi-cuisine dishes. Wellness amenities will include the ELE|NA Ayur spa with dedicated therapy rooms, along with a swimming pool, golf simulation pavilion, kids’ play area, and an indoor games room.

Situated at an elevation of 1,496 metres, Shillong continues to attract travellers with its blend of natural beauty and cultural richness. Popular attractions such as Ward’s Lake, Elephant Falls, Shillong Peak, Umiam Lake, and the Don Bosco Museum continue to draw visitors year-round. Furthermore, the city’s vibrant live music scene and events like the Shillong Autumn Festival enhance its appeal as a tourism hotspot.

Expanding on the company’s vision, Souvagya Mohapatra said, “The Northeastern state’s hill stations have always been central to our vision of creating iconic luxury experiences. Shillong, the capital city of Meghalaya, with its awe-inspiring cultural heritage backdrop and timeless appeal, is a natural choice for our expansion. As plans to enter this extraordinary destination unfold, I am confident that this collaboration will redefine hospitality in the region.”

From the ownership perspective, Rocky Dhar added, “Atmosphere Core’s distinguished legacy of excellence aligns perfectly with our vision to unveil a transcendent world-class hotel in Shillong. With our vision and focused approach, we are committed to manifesting inspiring, bespoke hotels and resorts that embody the pinnacle of sophistication. This illustrious partnership will not only elevate Shillong’s hospitality landscape but will also set an unrivaled benchmark for elegance and impeccable service in this breathtaking and scenic Northeastern state of India.”

This collaboration marks a significant milestone for Atmosphere Core as it expands into Northeast India’s growing hospitality market. The upcoming Shillong property combines luxury design, a strategic location, and curated guest experiences to set new standards in boutique hospitality while contributing to the region’s tourism growth.

ixigo-backed SqaaS unveils ShellBot AI hosting platform

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Aloke Bajpai and Rajnish Kumar, co-founders, Ixigo

Squad As a Service S.L. (SqaaS), an AI startup backed by ixigo, has launched ShellBot, a managed and secure AI agent hosting platform aimed at making autonomous AI accessible to individuals, freelancers, SMEs, and enterprises globally. Built on OpenClaw, ShellBot allows users to deploy private, cloud-hosted AI agents that operate, handling tasks such as emails, scheduling, research, coding, and complex workflows across platforms like WhatsApp, Slack, Telegram, Gmail, and Microsoft Teams.

Notably, ShellBot introduces a new category of AI infrastructure by offering users dedicated virtual machines running autonomous AI agents instead of relying on shared environments. As a result, users benefit from enhanced data privacy, improved performance, and greater control. Moreover, the platform enables seamless interaction across more than ten communication channels while maintaining a unified memory and context layer, thereby ensuring continuity across tasks and conversations.

At the same time, SqaaS has prioritised safety and control as core pillars of ShellBot’s architecture. As concerns around AI misuse and unintended actions continue to rise, the platform adopts a “secure by default” framework. Consequently, ShellBot ensures that AI agents execute only user-intended actions through multiple safeguards, including confirmation prompts for critical actions, granular permission settings, protection against prompt injection attacks, and mechanisms to prevent excessive or runaway usage. Additionally, users gain full visibility into agent activities and can pause or stop operations instantly, reinforcing trust and operational reliability.

Furthermore, ShellBot aims to democratise access to advanced AI by extending beyond developers to freelancers, small businesses, and enterprise teams. With pricing starting at €29 per month, the platform lowers entry barriers while delivering enterprise-grade infrastructure and flexibility. Importantly, its model-agnostic design supports multiple leading AI providers as well as local models, thereby preventing vendor lock-in and enabling broader adoption.

Commenting on the launch, Francisco Novella Fletcher said, “ShellBot is built to make powerful AI agents simple, secure, and truly useful in everyday life. Our vision is to leverage advanced AI systems to solve complex, everyday problems at scale while ensuring users always remain in control of how their AI operates.”

Adding further perspective, Rajnish Kumar and Aloke Bajpai stated, “AI agents represent the next paradigm shift in how technology serves users—moving from passive tools to active collaborators. With ShellBot, SqaaS has taken a powerful open-source innovation and made it secure, accessible, and practical for real-world use. The technology powering ShellBot and the underlying agentic system are already being used within ixigo’s own internal AI-driven workflows and are now productized and made available externally. We’re excited to support this journey as ShellBot brings enterprise-grade AI capabilities to a global audience.”

ShellBot is now live with global availability across its Starter and Pro plans, offering an introductory Pro plan at $1 for the first month for a limited period. This launch follows ixigo’s acquisition of a 45.02% stake in SqaaS in February 2026, further strengthening its position in the evolving AI ecosystem.

In conclusion, the launch of ShellBot marks a significant step toward mainstream adoption of autonomous AI agents. By combining security, accessibility, and scalability, SqaaS is positioning itself at the forefront of the agentic AI revolution, enabling users worldwide to leverage intelligent systems as active digital collaborators.

Eternal grants Rs 167-Cr ESOPs to employees, strengthens talent incentives

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Eternal, the parent company of Zomato, has approved a fresh grant of employee stock options (ESOPs) worth approximately Rs 167 crore, according to recent regulatory filings. This move highlights the company’s continued focus on incentivising and retaining talent amid its growth phase.

The company has issued 74.18 lakh stock options, including 64.13 lakh options allocated to eligible employees under the Foodie Bay ESOP 2014, Zomato ESOP 2021, and Zomato ESOP 2024 schemes. Based on the current share price of Rs 224.7, the total value of the newly granted ESOPs stands at around Rs 167 crore. Notably, Eternal had carried out a similar ESOP grant in October last year, when it issued 64.13 lakh options under multiple schemes.

Each stock option is convertible into one fully paid-up equity share with a face value of Rs 1. Under the ESOP 2014 and ESOP 2021 schemes, employees can exercise their options within 10 years from the date of vesting or 12 years from the date of listing, whichever is later. Meanwhile, under the ESOP 2024 scheme, employees can exercise their options within 10 years from the date of vesting.

According to the latest shareholding pattern, employee trusts collectively hold 54.56 crore ESOP options, which account for approximately 6% of the company’s total capital structure. This significant allocation underscores the company’s long-term commitment to employee ownership and wealth creation.

On the financial front, Eternal reported strong performance in Q3 FY26, with revenue from operations reaching Rs 16,315 crore. However, the company posted a net profit of Rs 102 crore during the same period, reflecting a stable earnings trajectory.

As of the latest trading session on the National Stock Exchange, Eternal’s shares were priced at Rs 224.7, giving the company a market capitalisation of Rs 2,16,891 crore.

Eternal’s latest ESOP grant, therefore, reinforces its strategy to align employee interests with long-term business growth. Moreover, by continuing to offer equity-based incentives alongside steady financial performance, the company remains well-positioned to sustain momentum in India’s highly competitive foodtech and digital services landscape.