CREDAI-MCHI honours Channel Partners as Key Drivers of 60% of Real Estate Sales in MMR at its first-ever exclusive Property Expo for Channel Partners

First-of-its-kind expo unites 48 associations and 50+ developers to accelerate collaboration, transparency, and business growth in the real estate market

Mumbai, May 6, 2026: Under the visionary leadership of Sukhraj Nahar, CREDAI-MCHI, the apex body of real estate developers in the Mumbai Metropolitan Region (MMR), hosted its first-ever exclusive Property Expo for Channel Partners at the Jio World Convention Centre, bringing together over 5,000+ channel partners and 48 channel partner associations on a unified platform created to strengthen the critical bridge between developers and homebuyers. Recognising that nearly 60% of real estate sales are driven through the channel partner ecosystem, the initiative was conceptualised to reinforce ease of doing business, recognise the contribution of channel partners, and foster stronger partnership across the real estate value chain.

The expo was conceptualised as a recognition platform for channel partners, bringing together the entire real estate ecosystem to deepen engagement and create a more seamless pathway for homebuyers. The event witnessed participation from channel partners across Mumbai, the wider MMR region, Pune and Nasik reflecting the growing scale, reach and interconnectedness of the real estate brokerage ecosystem across key markets .With the Mumbai Metropolitan Region today comprising an estimated 45,000–60,000 active channel partners nearly 12,000–18,000 of whom operate as highly active institutional and semi-organised players their contribution has become central to market movement, influencing nearly 50–60% of residential transactions across MMR. By enabling direct engagement between developers, channel partners and project teams, the initiative simplifies the homebuying journey, enhances transparency and reinforces trust. This integrated approach not only improves ease of doing business for industry stakeholders but also contributes to ease of living by helping homebuyers make more informed and confident decisions.

At the same time, the initiative reinforces CREDAI-MCHI’s commitment to empowering channel partners by creating a dedicated platform for business acceleration. With the ecosystem estimated to be growing at 10–15% annually, and organised institutional channel partner firms expanding at 18–25% year-on-year, this momentum is being fuelled by rising residential demand, redevelopment activity, infrastructure-led growth and digital lead generation across key micro-markets such as Thane, Navi Mumbai, Central Suburbs and extended Western suburbs. By bringing leading developers and channel partners together under one roof, the expo enables faster knowledge exchange, stronger business networking, real-time inventory access and smoother partnership, helping channel partners engage more effectively while driving higher quality transactions across MMR’s residential market, which continues to account for over 30,000 quarterly housing sales as India’s largest housing market.

Emphasising the importance of trust and awareness, Mr. Boman Irani, Chairman, CREDAI National, said: “Trust remains the most critical currency in real estate, and Platforming that trust requires deeper partnership across the ecosystem. This initiative addresses a critical missing link by bridging the gap between homebuyers and developers through channel partners, creating a stronger and more transparent connection across the transaction journey. The more informed and closely connected channel partners are with developers, their teams and their service ethos, the greater the trust they can build with customers. Today’s homebuyers seek confidence and credibility before making one of the most significant investments of their lives, and that trust can only be built through deeper knowledge, transparency and stronger relationships across the ecosystem”

Speaking on the vision behind the initiative, Mr. Sukharaj Singh Nahar, President, CREDAI-MCHI, said: “Channel partners are the true ambassadors of our industry, acting as the vital bridge between developers and homebuyers and driving nearly 60% of residential transactions. This first-of-its-kind expo has been created to recognise their contribution, deepen ease of doing business and bring together a fragmented ecosystem on one unified platform. By enabling direct engagement with over 50 leading developers, we are creating an environment of greater trust, sharper market understanding and stronger collaboration that will help drive the next phase of growth for Mumbai’s real estate sector.”

Highlighting the trust-led nature of today’s real estate market, Mr. Rushi Mehta, Secretary, CREDAI-MCHI, said: “For us, it is ultimately about maintaining the trust factor and strengthening a process built on transparency. With RERA, today’s homebuyer has access to accurate and verified information from project approvals and sale agreements to available inventory and units already sold. Buyers today are extremely informed and cannot be misled. While technology and AI are enabling faster engagement, real estate transactions still depend on human trust, and channel partners remain central to building that confidence.”

Speaking on the evolving nature of the sector, Mr. Nikunj Sanghavi, Treasurer, CREDAI-MCHI and Exhibition Co- Convener, said: “Real estate today is not just about driving business; it is about enabling long-term growth and empowering buyers to make smarter decisions. Today’s customer is not simply choosing a home they are choosing a home that fits their aspirations, lifestyle and long-term value expectations. MMR continues to hold tremendous potential for this growth. Pricing is ultimately a function of demand and supply, and today’s customers are highly particular, informed and detail-oriented when evaluating projects.”

Adding perspective on broader market growth, Mr. Jitendra Mehta, Senior Vice President, CREDAI-MCHI, said: “India’s real estate growth story continues to remain strong, driven by rising aspirations and increasing purchasing capacity. While global uncertainties may create short-term sentiment shifts, their impact remains only a temporary blip. For India to unlock greater NRI and reverse migration-led investments, regulatory support around ease of buying, selling and fund repatriation will be critical. We are not competing with global markets; we are focused on building better products and creating a stronger, more future-ready real estate ecosystem.”

The event was graced by Mr. Sukharaj Singh Nahar, President, CREDAI-MCHI; Mr. Rushi Mehta, Secretary, CREDAI-MCHI; Mr. Boman Irani, Chairman, CREDAI National; Mr. Nikunj Sanghavi, Joint Secretary, CREDAI-MCHI and Exhibition Convener; Mr. Jitendra Mehta, Senior Vice President, CREDAI-MCHI, Mr. Mayur Shah, Mr. Shailesh Sanghvi, Mr. Prashant Khandelwal, Mr. Sunny Bijlani along with senior office bearers, leading developers, and Presidents of all participating channel partner associations, who were felicitated during the event for their contribution to strengthening Mumbai’s real estate ecosystem

Additionally the expo held projects from more than 51 leading developers were showcased at the expo, spanning offerings from ₹100 crore developments to premium residences priced at ₹1 lakh per sq. ft., ensuring opportunities across every category and buyer segment. This assumes greater significance considering that the Mumbai Metropolitan Region accounts for nearly ₹2.5 lakh crore in residential sales approximately 40% of India’s total residential market. With India’s real estate sector projected to contribute 15% to GDP in a $5 trillion economy, the industry is steadily progressing toward becoming a $1 trillion market, making stronger channel partner collaboration essential to sustaining this momentum.

A key highlight of the event was the felicitation of all 48 participating channel partner associations, including representatives such as Chandresh Vithalani and Ashish Mehta from National Association of Realtors, Jatin Shah from South MetroCity Association of Realtors, and Raju Achpilia from The Association of Real Estate Agent, recognising their invaluable role in market outreach, customer engagement and transaction enablement. The overwhelming participation further reinforced the growing need for dedicated, relationship-driven business platforms that foster trust, transparency and long-term industry growth.

Designed as a recurring initiative, the expo marks a defining step in CREDAI-MCHI’s commitment to building a more organised, collaborative and efficient real estate ecosystem where channel partners continue to remain at the centre of business acceleration and homebuyer confidence.

ABOUT CREDAI-MCHI

CREDAI-MCHI is the apex body of real estate developers in the Mumbai Metropolitan Region. (MMR). With an impressive membership of over 2200+ leading developers in MMR, CREDAI-MCHI has extended its reach throughout the region, establishing units in various locations such as Thane, Kalyan-Dombivli, Mira-Virar, Raigad, Navi Mumbai, Palghar-Boisar, Bhiwandi, Uran-Dronagiri, Shahapur-Murbad, and most recently in Alibaug, Karjat-Khalapur-Khopoli, and Pen. Being the only Government-recognised body for private sector developers in MMR, CREDAI-MCHI is dedicated to promoting the industry’s organisation and progress. The association is committed to driving policy reform, housing innovation, and sustainable development in partnership with the government and urban stakeholders.

As a part of CREDAI National, an apex body of 13000 developers across the nation, CREDAI-MCHI has emerged as a preferred platform for regional discussions on housing and habitat by establishing close and strong ties with the government. It is committed to breaking barriers to create a strong, organised, and progressive real estate sector in the MMR. The vision of CREDAI-MCHI is to empower the Real Estate fraternity of the Mumbai Metropolitan Region as it preserves, protects, and advances the right to housing for all. To continue being a trusted ally, guiding their members, supporting the Government on policy advocacy, and assisting those they serve through the ever-evolving real estate fraternity.

Website: https://mchi.net/

Janhvi Kapoor Confesses Her Love for Mangoes with Theobroma, Sparks a Summer of Sweet Confessions

National, 6th May, 2026: When it comes to mango season, there are no rules, no limits, and definitely no such thing as too much. Across the country, mango love shows up in cravings at odd hours, zero willingness to share, and always going back for one more bite.

And joining in on this full-blown mango obsession is Janhvi Kapoor, who has a confession to make, she’s just as all-in as the rest of us. This summer, the actor is seen giving in to her unapologetic love for mango desserts, proving that when it comes to mangoes, there’s no such thing as too much.

From that first bite to the last swipe of cream, Janhvi is all in, making it clear that mango love isn’t subtle, it’s a little extra, a little indulgent, and completely irresistible.

And she’s not alone. Across the country, mango season brings out the same energy, little rituals, big cravings, and slightly crazy behaviour that only true mango lovers understand.

Leaning into this shared obsession, Theobroma joins the conversation with its limited-time Mango Specials, a rich, fruity spread inspired by everything people love about mango season.

Taking this a step further, Theobroma is inviting mango lovers everywhere to confess their own love stories with the king of fruits, because let’s be honest, everyone has one.

Because if there is one thing mango lovers don’t do, it is compromise.

And if you still need a sign to give in to your mango cravings, this might just be it.

Watch the reel here: https://www.instagram.com/p/DX6LfJHz1t3/

One-line contest callout: Share your funniest or sweetest mango memories using #ForTheLoveOfMango, follow @theobromapattiserie, and mention your city for a chance to win ₹500 vouchers.

Students of JP CLASSES - Sion, Create World Record by Reciting 118 Elements Forward & Reverse with Symbols

MUMBAI, MAY 1, 2026: Students of JP CLASSES, Sion, achieved a remarkable academic milestone by reciting all 118 elements of the Periodic Table in forward and reverse order, along with their symbols. The event was held at Swami Nityanand Hall, Sion.

A total of 20 students participated in the historic performance, which was officially recognised by the OMG Book of Records as a World Record. The students demonstrated exceptional memory, concentration, accuracy, and stage confidence while performing live before parents, guests, and dignitaries.

The students were trained by renowned memory expert Mr. Suresh Sharma, India’s Leading Memory & Recognition Expert and a Limca National & World Record Holder.

Speaking on the occasion, Mr. Santosh J. Chauhan, Founder & Managing Director of JP CLASSES - SION, said: 

“We are proud that our students have shown, that with proper guidance, discipline, and training, young minds can achieve extraordinary success. At JP CLASSES, we focus not only on IIT-JEE, NEET, MHT-CET preparations but also on Sharpening the overall brain, building confidence, focus, and leadership qualities. A small step in building ‘Leaders of Tomorrow’. And that is the reason we have received an Award of Best Coaching Class in Mumbai - Sion, Awarded by Star Education Awards 2025 in association with ‘The Times of India’ held at NESCO, Bombay Exhibition Centre, Mumbai on 13th December 2025.”

Parents and guests applauded the students for their outstanding achievement. The event was held on Maharashtra Day, adding patriotic significance to the occasion. This achievement has brought pride to Sion and Mumbai, inspiring many students to believe in their hidden potential.

Mr. Suresh Sharma, India’s Leading Memory & Recognition Expert, said: “Memory training is not just about remembering information. It sharpens the brain and increases its efficiency resulting in better concentration, boosts confidence, improves recall speed, and trains students to handle vast syllabus pressure. These skills give a strong advantage in NEET, JEE, and later help students succeed in every field of life.”

The parents of the students were thrilled with seeing the achievement of their children and were very happy. One of the parents said: “We did not know our child was having such a hidden talent inside her, and we are grateful to JP Classes that they have thought of this initiative in enhancing the learning capabilities in our child.”

Her daughter standing by her side was beaming with pride and she said: “Not everyone who tutors us goes the extra mile in caring for our overall development, I am happy that I chose JP Classes who has brought Sir Suresh Sharma to train us to sharpen our memory with his unique technique.”

ISKCON Unveils Grand Rasa Museum in Delhi to Bring India’s Spiritual Heritage Alive

Launched as part of ISKCON’s 60th anniversary celebrations, the redeveloped museum uses virtual reality, light and sound, and interactive storytelling.

Spread across 13,500 sq. ft., it brings the Ramayana, Mahabharata, Dharma, and Bhakti closer to contemporary audiences.

New Delhi, April 29, 2026: The International Society for Krishna Consciousness (ISKCON), popularly known as the Hare Krishna movement, inaugurated the newly redeveloped Rasa Museum at its temple in East of Kailash, New Delhi, as part of its 60th anniversary celebrations.

The museum introduces “Rasa: An Ocean of Nectar,” a 13,500 sq. ft. immersive experience that uses virtual reality, light and sound, interactive storytelling, and technology-led displays to present the histories of the Ramayana and the Mahabharata, along with the Dasha Avatar, Lord Krishna’s vibhutis, and key philosophical concepts such as Dharma and Bhakti.

The inauguration ceremony began with darshan, puja, and parikrama, followed by the unveiling of the museum plaque and a guided walkthrough. The event was attended by Shri Gajendra Singh Shekhawat, Hon’ble Union Minister for Tourism and Culture, Government of India, H.E. Didier Vanderhasselt, Ambassador of Belgium to India, along with senior ISKCON members, dignitaries, and representatives from the cultural and diplomatic community.

“At ISKCON, our efforts have always been to present India’s timeless culture and spiritual heritage in ways that resonate with contemporary society. The Rasa Museum, unveiled as part of our 60th anniversary, reflects this vision, where tradition meets technology to create meaningful and immersive experiences. This initiative has been made possible through the support of the Ministry of Culture, Government of India. As we mark this milestone, we remain committed to expanding the reach of Sanatana Dharma. This year also marks the 60th anniversary of ISKCON” said Shri Yudhistir Govinda Das, Director of Communications at ISKCON.

“India’s rich cultural heritage and spiritual legacy must go hand in hand with strengthening tourism infrastructure and enhancing visitor experience. The Rasa Museum is a visionary initiative that uses technology to present the depth of our epics, including the Ramayana, Mahabharata, and the teachings of the Bhagavad Gita, in an immersive way for today’s audiences. As India moves forward under the leadership of Narendra Modi, such initiatives play a vital role in fostering cultural pride and connecting people with their heritage,” said Gajendra Singh Shekhawat, Union Minister of Tourism & Culture, Government of India.

Located within ISKCON’s three-acre temple complex in East of Kailash, the museum is part of one of Delhi’s most visited spiritual destinations. The temple receives over 10,000 visitors daily, with footfall exceeding 1 lakh during major festivals and reaching nearly 3 lakh devotees on Sri Krishna Janmashtami.

Since its inauguration in 2001, the museum has introduced visitors, especially youth and international tourists, to Indian philosophy and traditions through the Srimad Bhagavad Gita, Mahabharata, and Ramayana. It has used light and sound shows, robotic exhibits, and art displays to explain concepts such as Jiva, Paramatma, Karma, Kala, and Prakriti. It has also hosted global dignitaries, including the President of Mauritius, Governor-General of Australia, Deputy Prime Minister of Hungary, and representatives from over 55 countries.

The museum also houses the world’s largest sacred book, the Srimad Bhagavad Gita, dedicated to the nation by Shri Narendra Modi, Prime Minister of India, in 2019. The edition weighs approximately 800 kg, is mounted on a 1,200 kg stand, and has been printed in Italy on waterproof and non-tearable paper spread across nearly one acre, with intricate artwork using semi-precious metals.

The redevelopment of the Rasa Museum has been undertaken with support from the Ministry of Culture, Government of India. With the new immersive show, the museum is expected to attract a larger and more diverse audience, building on its current monthly footfall of over 30,000 visitors.

“It is an honour to be present here as Ambassador of Belgium to India. Belgium and India share long-standing relations, with Belgium among the first countries to recognise India in 1947. Over the years, these ties have evolved into strong partnerships across economic, cultural, and people-to-people contacts. This exhibition shows how modern technology can bring ancient traditions and spiritual teachings to a wider audience. It beautifully blends innovation with heritage, while promoting peace and understanding,” said Didier Vanderhasselt, Ambassador of Belgium to India.

About ISKCON India

Founded in 1966 by His Divine Grace A.C. Bhaktivedanta Swami Srila Prabhupada, the International Society for Krishna Consciousness (ISKCON) has grown from a small storefront temple in New York into a global spiritual movement with over 800 temples, educational institutions, and cultural centres worldwide. Registered in India in 1971 with its head office in Mumbai, ISKCON is rooted in the teachings of Gaudiya Vaishnavism and promotes bhakti-yoga through devotional practices such as kirtan, japa, and arati. Alongside its spiritual mission, ISKCON is also known for its humanitarian outreach, including its flagship initiative Annamrita, which provides nutritious mid-day meals to over 1.2 million children daily, reflecting its commitment to compassion, service, and community well-being.

UNIMAX World unveils ‘Oxyluxe Living’ in Dombivli East, setting a new benchmark in luxury living

Mumbai, April 28, 2026: UNIMAX World today announced the launch of its latest residential development, Oxyluxe Living at UniMax Life, in Dombivli East, marking a significant addition to the region’s evolving luxury housing landscape. The unveiling took place at the company’s sales office in Dombivli East in the presence of media and key stakeholders.

Positioned as a premium residential offering, Oxyluxe Living is designed to cater to the aspirations of modern homebuyers seeking a refined lifestyle experience. The project brings together thoughtfully planned spacious homes, contemporary architecture, and a host of world-class amenities aimed at elevating everyday living.

Addressing the media, Mohammed Israil Shaikh, Founder & Managing Director, UNIMAX World, shared, “the vision behind the development, stating that Oxyluxe Living reflects the company’s commitment to creating high-quality residential spaces that combine comfort, convenience, and modern design. He highlighted that the project is conceptualized to offer a seamless blend of luxury and functionality, in line with the evolving expectations of urban homebuyers.”

Adding to this, Salim Desai, Director, UNIMAX World, said, “Oxyluxe Living is designed as a future-ready development that integrates strong infrastructure, thoughtful planning, and lifestyle-led amenities. With Dombivli’s rapid transformation, we see this project delivering both enhanced living experiences and long-term value for homebuyers.”

Strategically located in Dombivli East—one of MMR’s fastest-growing residential hubs—the project benefits from rapidly advancing infrastructure. With proximity to Metro Line 12, the upcoming Airoli-Katai Naka Freeway, and key arterial road networks, Oxyluxe Living offers seamless connectivity to major business districts while retaining the advantage of a peaceful residential setting.

The development is part of a well-planned mixed-use gated township spread across approximately 3 acres and comprises four iconic towers with configurations of G+28, G+27, and G+19 storeys. It offers meticulously planned 1 and 2 BHK luxury residences featuring efficient layouts, ample ventilation, and private decks that enhance the overall living experience.

A key highlight of the project is its expansive lifestyle ecosystem, featuring over 50 curated amenities designed to support wellness, recreation, and community living. These include a multi-level clubhouse with dedicated zones such as ‘Aer’ for fitness and social engagement, ‘Ozonia Bay’ for active recreation, and ‘Mother Earth’ for tranquil green spaces. Residents will also have access to co-working spaces, fitness studios, indoor and outdoor sports facilities, landscaped jogging tracks, infinity pool, and dedicated senior citizen zones.

Further enhancing convenience, the development integrates a premium commercial boulevard with curated retail, dining, and daily essential services, enabling a seamless live-work-leisure ecosystem within the project. Thoughtfully designed infrastructure elements such as double-height entrance lobbies, multi-level parking, advanced security systems, and well-planned internal circulation add to the project’s appeal. The project is also aligned with sustainable development goals and is in the process of securing a Gold Category certification from the Indian Green Building Council (IGBC), reinforcing its commitment to environmentally responsible and energy-efficient living.

As part of the launch, attendees were invited for an exclusive site visit, offering a closer look at the project’s scale, planning, and vision.

With Oxyluxe Living, UNIMAX World continues to strengthen its footprint in the MMR, reinforcing its commitment to delivering future-ready developments that combine design excellence, robust infrastructure, and long-term value for homebuyers.

About UNIMax World

UNIMax World is a forward-thinking real estate enterprise based in Navi Mumbai. Since 2016, the company has been redefining urban living by delivering residential, commercial, and industrial spaces designed around people, purpose, and progress. Every UniMax project is driven by sustainability, innovation, and empathy, to build joyful communities that stand the test of time. With a robust pipeline and leadership that blends integrity with vision, UniMax World is shaping the future of thoughtful living in the MMR.

Mr. Israil Shaikh, an alumnus of IIM Bengaluru, brings over 12 years of expertise in business development, project execution, and strategic leadership. Under his guidance, UniMax has delivered multiple high-quality projects such as Codename Pehla Ghar, Happy Home, Rise Home, Connect Park etc. with more than 2000 homes and commercial units planned in upcoming developments. Adding to the strategic vision is Mr. Salim Desai, Director, who brings three decades of cross-sectoral experience in corporate finance, M&A, digital transformation, and team building.

Web: www.unimaxworld.com  

OnEMI Technology Solutions Limited’s Initial Public Offering to open on, 30 April, 2026, price band set at Rs 162– Rs 171 per Equity Share

Price band of Rs 162 – Rs 171 per equity share bearing face value of Rs 1 each of OnEMI Technology Solutions Limited (“Equity Shares”)

Bid/Offer Opening Date- 30, April, 2026 and Bid/Offer Closing Date – 05, May, 2026.

Minimum Bid Lot is 87 Equity Shares and in multiples of Equity Shares thereafter

Mumbai, April 27, 2026:  OnEMI Technology Solutions Limited (the “Company”) has fixed the price band of Rs 162/- to Rs 171/- per Equity Share of face value Rs 1/- each for the initial public offer of its Equity Shares of face value Rs 1/- each (“IPO” or “Offer”).

The Offer of the Company will open on 30, April, 2026, for subscription and close on 05, May 2026.

Investors can bid for a minimum of 87 Equity Shares and in multiples of 87 Equity Shares thereafter.

The issued, subscribed and paid-up shared capital of the Company before the Offer comprises 118,775,420 Equity Shares of face value of Rs1 each.

The IPO is a fresh issue up to Rs 8,500.00 million and an offer-for-sale for up to 4,439,788 shares by investors - Ammar Sdn Bhd, Vertex Ventures SEA Fund III Pte. Ltd, Vertex Growth Fund Pte. Ltd, Vertex Growth Fund II Pte. Ltd, Ventureast Proactive Fund II, Endiya Seed Co-creation Fund, VenturEast Proactive Fund LLC, AION Advisory Services LLP, Ventureast Proactive Fund and VenturEast SEDCO Proactive Fund LLC.

The Net Proceeds from the Fresh Issue portion of the Offer to the extent of Rs 6,375.00 million are proposed to be utilized towards augmenting the capital base of its subsidiary, Si Creva, to meet its future capital requirements arising out of the growth of its subsidiary, Si Creva’s, business, and general corporate purposes.

The Company is a technology-enabled lender in India, primarily offering digital loans through its mobile application for various consumption and business needs. It provides swift, accessible and personalized credit solutions to support its customers throughout their financial journeys. 

The Company is focused on young individuals within the mass market segment, which according to the 1Lattice Report, represents India’s emerging middle class and is aspirational, digitally connected and underpenetrated in credit. As of December 31, 2025, the Company had 63.73 million registered users and served 11.17 million customers along with a net promoter score of 95. Further, it had received a rating of 4.6 on Play Store based on over 1.25 million user reviews as of March 31, 2026. In December 2025, the company also launched its mobile application on the iOS operating system and its application marketplace. As of March 31, 2026, it had received a rating of 4.3 on App Store. 

 

The company maintains a highly granular loan book with over 2.87 million active customers and Rs59,557.53 million in assets under management (AUM) as of December 31, 2025. In the nine months ended December 31, 2025, its customers had an average age of 32 years and a median CIBIL score of 746. Further, during the nine months ended December 31, 2025, 67.65% of its customers earned monthly incomes ranging between Rs25,000 to Rs75,000, and 63.38% of its customers resided in the top 50 cities in India.

Risk management is foundational to its business model. The Company utilises advanced data analytics, artificial intelligence (AI) and machine learning (ML) led statistical models for risk management across our processes from making credit decisions to collections.

The Company’s proprietary AI and ML algorithms utilize over 400 key data variables as of December 31, 2025 including credit history, know-your-customer (KYC) credentials, banking and transactional data and digi-data, within a secure and consent-driven environment, to enable rapid and accurate decisioning. As of December 31, 2025, the Company had employed a sophisticated underwriting framework built on 39 specialized sub-models tailored for different customer segments.

Its collections infrastructure is built on the back of its proprietary Automated Collections System (ACS), along with a team of tele-callers and on-ground fleet-on-street. The Company operates a fully tech-enabled, highly scalable, cloud-hosted lending platform, with end-to-end ownership and control of product and technology. This includes the Company’s Loan Origination System (LOS), Loan Management System (LMS) and ACS. As of December 31, 2025, the Company is supported by an in-house team of 331 engineers and product specialists.

Its AUM comprises on-book loans, loans on the balance sheet of its wholly-owned subsidiary, Si Creva (an RBI regulated middle-layer NBFC), and off-book loans, loans on the balance sheet of its lending partners. 

As of December 31, 2025, the company’s lender base comprised 47 lenders including banks, NBFCs and fund houses. Its revenue from off-book loans includes sourcing fees (representing charges for originating loans through its platform), servicing fees (representing charges for managing loan servicing and collections) and other performance-linked income (representing charges based on loan performance metrics). These fees and charges are calculated in accordance with pre-agreed contractual arrangements with its lending partners and in compliance with applicable RBI regulations.

The company’s revenue from operations was Rs 15,599.00 million for the nine months ended December 31s, 2025. Its net profit was Rs 1,992.69 million for the nine months period ended December 31, 2025. 

OnEMI Technology Solutions Limited (kissht) is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its Equity Shares and has filed a red herring prospectus dated April 25, 2026, with the RoC (“RHP”). The RHP is made available on the website of the SEBI at www.sebi.gov.in as well as on the website of the BRLM i.e.,   https://www.jmfl.com/, https://www.business.hsbc.co.in/en-gb/regulations/hsbc-securities-and-capital-market, https://www.nuvamawealth.com/, https://www.sbicaps.com/ and https:// www.centrumbroking.com/, the website of the NSE at www.nseindia.com and the website of the BSE at www.bseindia.com and the website of the Company at https:// www.kissht.com/. Any potential investor should note that investment in equity shares involves a high degree of risk and for details relating to such risks, please see the section “Risk Factors” beginning on page 18 of the RHP. Potential investors should not rely on the DRHP for making any investment decision but should only rely on the information included in the RHP filed by the Company with the RoC.

The Equity Shares have not been, and will not be, registered under the United States Securities Act of 1933 (“U.S. Securities Act”) or any state securities laws in the United States, and unless so registered, may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. Accordingly, the Equity Shares are being offered and sold outside the United States in offshore transactions as defined in and in compliance with Regulation S under the U.S. Securities Act and the applicable laws of the jurisdiction where those offers and sales occur.

All capitalised terms used herein and not specifically defined shall have the same meaning as ascribed to them in the RHP.

Indian Embassy Showcases Exhibit of ‘Human Cost of Terrorism’ in US

Mumbai/Washington, D.C. — The Indian Embassy hosted the exhibition to commemorate the victims of the Pahalgam attack and highlight the devastating impact of cross-border terrorism targeting India, particularly by Pakistan-backed terror groups. The exhibition was inaugurated by India’s Ambassador to the U.S., Vinay Mohan Kwatra.

The primary objective of the exhibition was to pay tribute to the 26 victims of the April 22, 2025 terror attack in Pahalgam, Jammu and Kashmir, and to underscore the role of Pakistan-based groups. Around 19 members of the U.S. Congress, along with administrative officials and members of the Indian diaspora, attended the event and reaffirmed their commitment to strengthening India–U.S. counterterrorism cooperation.

The digital exhibition also showcased major terrorist attacks from around the world, including the 1993 Mumbai bombings and the 2008 Mumbai attacks. It identified the terrorist organizations responsible for these incidents, including several Pakistan-based individuals and groups such as Lashkar-e-Taiba.

Sharing images of the event on social media platform X on April 23, the Indian Embassy stated, “A special exhibition titled ‘The Human Cost of Terrorism’ was hosted on Capitol Hill today, marking the solemn anniversary of the Pahalgam Terror attack and honoring the memory of its innocent victims.”

The Embassy added, “We are deeply appreciative of the presence of 19 Members of the United States Congress, Administration officials, diaspora leaders, and other U.S. partners, whose participation underscored a shared resolve to strengthen the India-US counterterrorism partnership and to stand united in the global fight against terrorism in all its forms and manifestations.”

During the event, Ambassador Kwatra strongly condemned terrorism in all its forms and reiterated that Prime Minister Narendra Modi has clearly articulated India’s unwavering resolve to combat and defeat terrorism. He emphasized that countries around the world must come together with determination to defeat terrorism.

On the occasion, U.S. Congressman Brad Sherman called for stronger action by Pakistan against groups such as Lashkar-e-Taiba and Jaish-e-Mohammed. He stated, “The attackers, identified as The Resistance Front, targeted innocent people, reportedly separating victims by religion. The group is widely seen as linked to Lashkar-e-Taiba which has found sanctuary in Pakistan”

Prestige Xclusive Clocks 100 New Stores in FY26, Redefining Retail Experience

 

 

National, April 2026: TTK Prestige, a trusted name in kitchen innovation, announced a significant milestone in its retail journey with Prestige Xclusive (PXL) successfully launching 100 exclusive outlets across India in FY26. This expansion marks a strong step forward in enhancing the brand’s omni-presence and improving consumer accessibility across key markets.

The expansion is strategically aligned with TTK Prestige’s evolving portfolio of new-age cookware and appliances. This includes advanced cookware ranges such as Tri-ply, Castlite, and ceramic collections, alongside innovative appliances like the Endura series for multifunctional cooking and the Nutri series for healthier, easy-to-prepare meals. The portfolio is further strengthened by cutting-edge solutions such as 2-in-1 air fryers like Airflip, induction cooktops with whistle counter technology, and the Duo range including the Electro Duo with both induction and infrared cooking. Additionally, the Svachh series—featuring gas stoves with easy-clean technology and pressure cookers with spill-control lids—reflects the brand’s focus on convenience and hygiene.

With a strong emphasis on innovation, aesthetics, and functionality, TTK Prestige offers a wide range of solutions catering to every kind of cook—from everyday home users to experimental and health-conscious consumers. The expanded retail footprint ensures that these innovations are now more accessible than ever.

Beyond expanding reach, FY26 also marks a shift in Prestige Xclusive’s retail philosophy, with stores being reimagined as experience centres. Designed to showcase the brand’s comprehensive range under one roof, these spaces enable consumers to interact with products, explore features, and make informed choices through immersive, hands-on experiences.

Driving this experiential approach is a strong focus on live demonstrations, both in-store and across nearby catchments through engagement with residential communities and RWAs. This hyperlocal activation model has played a key role in building awareness, encouraging product trials, and strengthening consumer connect.

Ms. Akila Chandrasekar, Senior General Manager Marketing, TTK Prestige, said, “Our vision is to transform retail into an experience-led journey for consumers. With our stores evolving into interactive spaces, we are enabling customers to truly engage with our products. From live demonstrations to hyperlocal activations, we are building stronger connections and helping consumers make more informed choices for their kitchens.”

TTK Prestige is also strengthening its franchise network, inviting interested partners to explore opportunities through the franchise enquiry lead generator on the TTK Prestige website.

With a dual focus on expanding its retail network and enhancing in-store experiences, the brand continues to reinforce its position as a future-ready, consumer-first company, bringing innovation closer to every Indian kitchen.

Ekart Partners with IKEA to Enable Sustainable Last-Mile Deliveries in Chennai

Ekart powers end-to-end large-format deliveries for IKEA across Chennai

Dedicated EV fleet enables scalable, sustainable last-mile logistics

Partnership highlights Ekart’s enterprise-grade capability for complex commerce

Bengaluru – April 21, 2026: Ekart, one of India’s leading 3PL (third-party logistics) supply chain companies, today announced the expansion of its partnership with IKEA to strengthen the global home furnishing brand’s last-mile logistics in Chennai. 

This partnership highlights Ekart’s growing role as a trusted, enterprise-grade logistics partner for large-format and complex commerce in India.

Orders from Chennai, placed on IKEA’s website and app, will now be fulfilled by Ekart’s 100% dedicated electric vehicle (EV) fleet, enabling fully sustainable and technology-led delivery operations in the city. Chennai becomes the second major city where Ekart manages IKEA’s deliveries, following the partnership’s launch in NCR-Delhi in 2025.

As part of this long-term collaboration, Ekart will manage the end-to-end movement of orders across IKEA’s extensive catalogue of over 600 products, including furniture, home décor, including large-format furniture and home solutions requiring specialised handling and household essentials, ensuring consistent and efficient doorstep delivery for customers across Chennai.  

Leveraging a technology-driven fulfilment network and optimised routing capabilities, Ekart will enable deliveries within a 48-hour window, ensuring consistent service levels across large-format, high-involvement deliveries. IKEA customers will benefit from real-time tracking and end-to-end shipment visibility, from fulfilment hub to doorstep, reinforcing reliability and transparency at scale.

The dedicated supply chain, powered by an EV fleet, enables rapid turnaround while demonstrating Ekart’s ability to build scalable, sustainable logistics solutions tailored to the needs of large-format retail. This model also supports the shared commitment to advancing zero-emission deliveries in India.

Ekart and IKEA’s partnership for last-mile delivery in Chennai and NCR-Delhi (announced in 2025) reflects a shared focus on building more sustainable urban logistics through EV-led operations. Ekart’s role in enabling fully electric last-mile deliveries for IKEA highlights its capability to scale environmentally responsible logistics solutions for large-format retail.

Mani Bhushan, Chief Business Officer, Ekart, said, “Our expanded partnership with IKEA reflects Ekart’s strength in building and operating enterprise-grade, specialised supply chain solutions for leading global retail brands. As large-format retail continues to scale in India, the need for reliable, technology-led logistics partners is becoming increasingly critical. Through dedicated infrastructure and an EV-led last-mile network, we are focused on delivering consistent, sustainable logistics solutions at scale.”

Saiba Suri, Country Customer Fulfilment Manager, IKEA India, said, “Efficient and sustainable fulfilment is central to our growth in India as we expand our omnichannel presence. Our collaboration with Ekart in Chennai strengthens our ability to serve customers faster and more seamlessly, particularly across our large-format home furnishing range, where reliable and specialised last-mile logistics is critical. By combining operational scale with an EV-led last-mile model, this partnership also supports our ambition to reduce environmental impact while maintaining high service standards. We look forward to deepening this collaboration as we expand our footprint across India.”

Ekart powers end-to-end logistics for over 1,800 retail, D2C, and enterprise brands, offering integrated supply chain solutions across last-mile delivery, part-truckload (PTL), and warehousing. As a trusted partner at scale, Ekart enables brands to operate efficiently and sustainably across India. By combining IKEA’s home furnishing expertise with Ekart’s logistics capabilities, the partnership aims to deliver a more seamless, reliable, and sustainable customer experience.

About Ekart

Ekart is one of the largest supply chain companies in India. Starting out in 2009 with an aim to fulfill the supply chain requirements of customers across India, Ekart today provides 3PL services to many small and large-scale businesses across the country. It provides integrated supply chain solutions encompassing warehousing, distribution, dropship, as well as multi-modal heavy/non-unitized inventory movements to customers across industries. With state-of-the-art grade A warehouses across 20+ locations, 14,000+ trucks running daily across the length and breadth of the country, Ekart delivers across 15,000+ pincodes.

Ekart strives to empower every Indian’s dream by delivering value through innovation in technology and commerce.

For more details please visit the website here. 

A Love Affair with Mango, Crafted by Theobroma

National, 20th April 2026: There is something about mango season that goes beyond taste, it is a feeling. A familiar sweetness, a sense of nostalgia, and an unmistakable love for a fruit that defines summer. From childhood memories to everyday indulgences, mangoes are more than seasonal; they are deeply personal.

This summer, Theobroma, India’s much-loved patisserie and chocolate brand, brings this idea to life with its Mango Collection, shaped by a simple yet evocative thought, how far would you go for the love of mango? A quiet nod to the rituals and indulgences the season inspires, the collection reflects the lengths people go to for a flavor that feels both fleeting and unforgettable, from lingering a little longer to returning for just one more bite. There is an unmistakable energy to mango season, a sense of anticipation and indulgence that arrives only once a year, and this collection captures it in its most refined form. Crafted with the season’s finest mangoes and paired with Theobroma’s signature techniques, each desert is designed to balance richness with lightness, familiarity with novelty, offering an experience that feels as considered as it is indulgent.

At the heart of the collection is the richness of the season’s finest mangoes, thoughtfully paired with Theobroma’s signature craftsmanship. Each dessert is designed to highlight the fruit’s natural sweetness while offering layers of texture, creaminess, and balance, making it perfect for everything from quiet self-indulgence to shared summer moments. The complete range is detailed below.

Fresh Mango Cream Cake [530g]

Our signature mango indulgence, crafted with the finest Alphonso mangoes. Layers of soft sponge soaked in mango syrup come together with rich mango diplomat cream and mango jam, finished with light whipped cream and fresh Alphonso mango chunks. 

Allergens: Gluten, Milk, Soy, Tree Nuts.

Mango Tres Leches

A tropical take on the classic tres leches. Soft sponge soaked in a mango infused three milk blends, topped with whipped cream and the finest Alphonso mango chunks. Creamy, airy, and melt in the mouth.

Allergens: Gluten, Milk, Soy, Tree Nuts.

Fresh Mango Cream Pastry [1 Piece]

A classic mango cream combination in an individual serving. Mango-soaked sponge layered with rich mango diplomat cream and mango jam, topped with whipped cream and fresh Alphonso mango chunks.

Allergens: Gluten, Milk, Soy, Tree Nuts.

Mango Baked Yogurt

A perfect summer dessert. Creamy baked yogurt layered with mango jam, topped with mango glaze and fresh mango chunks, offering a balanced sweet and tangy flavor.

Allergens: Milk, Soy, Tree Nuts.

Mango Tart

A buttery tart shell filled with layers of sponge, mango compote, and mango diplomat cream, finished with mango whipped cream and juicy mango chunks for a balanced play of textures and flavors.

Allergens: Gluten, Milk, Soy, Tree Nuts.

Mango Cheesecake Jar

A rich and creamy mango cheesecake layered with a buttery biscuit base, smooth cheesecake, mango jam, and mango pieces, finished with fresh mango. Served chilled with a gentle sweet tangy balance.

Allergens: Gluten, Milk, Soy, Tree Nuts. 

Mango Bento Mini Cheesecake [350 g]

A baked mango cheesecake with a buttery biscuit base, topped with mango cream and juicy mango chunks. Perfectly portioned and served chilled for a light yet indulgent dessert experience.

Allergens: Gluten, Milk, Soy, Tree Nuts. 

Mango Tiramisu

A tropical twist on the classic tiramisu. This non-coffee version features soft sponge soaked in mango syrup, layered with rich mascarpone cream, mango jam, and juicy mango pieces, finished with whipped cream and a light dusting of cocoa.

Allergens: Gluten, Milk, Soy, Tree Nuts.

Mango Chocolate Truffle Cake [550 g]

A perfect harmony of chocolate and mango. Soft chocolate sponge layered with rich truffle, mango jam, and juicy mango chunks, finished with chocolate ganache and mango jam for a decadent, celebratory dessert.

Allergens: Gluten, Milk, Soy, Tree Nuts.

Mango Trifle Pudding

Layers of juicy mangoes, house made mango jam, mango diplomat cream, and soft vanilla sponge soaked in mango syrup, finished with whipped cream and fresh mango chunks.

Allergens: Gluten, Milk, Soy, Tree Nuts.

Adding a playful layer to the experience, Theobroma also introduces an in-store Mango Passport, making the season even more interactive. With the purchase of their first mango dessert, customers receive a passport featuring the full mango menu, and with each new dessert tried, a stamp is added to its dedicated page, turning every visit into a journey of discovery and a celebration of their love for mango.

Available for a limited time across Theobroma stores pan India, the Mango Collection invites everyone to celebrate the season, for the love of mango. Whether it is collecting stamps, discovering new favorites, or simply indulging in a familiar classic, this is a time to savor what we love most about summer; one mango filled bite at a time.

About Theobroma: Theobroma, meaning “Food of the Gods” in Greek, is a pan India chain of patisseries known for its indulgent range of brownies, cakes, desserts, chocolates, breads, and savories. Founded in 2004 with its first store at Cusrow Baug, Colaba Causeway in Mumbai, Theobroma today has a presence across 41 cities. Guided by its mission to spread happiness by serving smiles on a plate, the brand continues to expand its footprint across the country.