Thursday, March 28, 2024

Škoda Auto India announces the next leg of the Name Your Škoda campaign for its all-new compact SUV

  Name Your Škoda - an endeavour by company to further engage with customers

·  Garners over 1,30,000 name suggestions for upcoming compact SUV to be launched in the first half of 2025

·  Victors stand to own the car they name and a trip to Prague

·  Polling phase enables participants to vote for their favourite among 15 most popular names

 

Mumbai, March 28, 2024 – Škoda Auto India has already ushered in the New Era with the announcement of the all-new compact SUV. Taking a stride further into the New Era with user engagement and involvement, the company has also announced ‘Name Your Škoda’, a campaign where participants contribute to what the name of Škoda’s all-new compact SUV will be. 

 

Speaking at the announcement, Petr Janeba, Brand Director, Škoda Auto India, said: “India is driving growth for Škoda Auto globally. The key enablers of this so far have been the first products specifically developed for India – the Kushaq and the Slavia. These cars, apart from being built on an India-specific platform, have also been named keeping legacy, heritage and culture in mind. Kushaq, for instance, is from the Sanskrit word for an emperor. Slavia is the name of Škoda’s first ever product, a bicycle. The naming process of a car is important for us. With ‘Name Your Škoda’ we want to extend this tradition to our upcoming all-new SUV and want the people, customers and fans to be involved in the naming process of their new car. We look forward to people across India embracing our new family member, which is locally developed, locally engineered and locally manufactured.”

 

The initiative

‘Name Your Škoda’ is a campaign that enables the involvement and engagement of users, customers and the Fans of Škoda in picking the name for a car that will hit the roads in 2025. This is a step further in Škoda Auto India’s endeavour for listening to people, fans and customers.

 

An endeavour that began with the MQB-A0-IN platform – that is developed with a focus on safety (developed with a 5 star Global NCAP rating in mind), on reasonable cost of ownership (including insurance) while retaining the Škoda DNA of design, agility and dynamics --and Škoda Auto India’s customer touchpoint expansion to be closer and more accessible to customers.

 

The naming tradition

It is a tradition going back to the company’s first ever full-fledged 7-seater luxury 4x4, the Kodiaq, in 2017. The name reflects the qualities of both, the Kodiak bear and the Kodiak Archipelago to the south of Alaska, USA that it inhabits. The nomenclature is a reflection of the beauty, grandeur and toughness of both the bear and the terrain it calls home. The Škoda Kushaq takes this legacy forward and the all-new compact SUV, that will make its world debut in India in March 2025, will also follow Škoda’s SUV family naming tradition.

 

The next leg - Polling contest

Through ‘Name Your Škoda’, participants have suggested names for the compact SUV that begins with the letter ‘K’ and ends with the letter ‘Q’ with one or two syllables. The campaign resulted in over 1,30,000 names with close to 20,000 unique names.

 

In the next leg, participants can visit the campaign microsite, nameyourskoda.com and cast votes for the shortlisted names and also suggest new ones if not done already. Participants can also share their favourite name with #NameYourSkoda on Facebook, Instagram or X (formerly Twitter) channels.

 

The winner of this naming contest stands the opportunity of owning this all-new Škoda compact SUV - being one of the first owners when it hits roads in the first half of 2025. Another 10 winners will get to visit Škoda Auto in Mlada Boleslav including the very impressive Škoda Museum, and also a tour of Prague, one of the most attractive cities in Europe.

 

The next leg of the campaign starts from March 28, 2024 and runs till April 12, 2024. The ‘Name Your Škoda’ aims at inculcating a sense of pride and belonging among participants whenever they see this all-new SUV on the roads after its world debut in India.

 

The Jury

The jury for this campaign comprises of -

Martin Jahn - Member of the Board of Management for Sales & Marketing, Škoda Auto

Piyush Arora - Managing Director and CEO, Škoda Auto Volkswagen India

Jan Bures – Executive Director, Sales, Marketing and Digital, Škoda Auto Volkswagen India

Petr Janeba - Brand Director, Škoda Auto India

 

The car

The all-new compact SUV is Škoda Auto India’s first ever foray into the compact SUV segment. This SUV is based on the MQB-A0-IN platform, the same as the one of the Kushaq SUV and the Slavia sedan. The MQB-A0-IN was specifically developed for India by teams in India and the Czech Republic with an eye on versatility, safety, dynamics while focussing on localisation, low maintenance costs and a hassle-free ownership experience.

 

The Kushaq SUV debuted in India and the world in July 2021 and the Slavia sedan in March 2022. Since then, these two India-developed cars have taken Škoda Auto India to witness its biggest year in sales and take the shortest time to achieve the landmark of over 100,000 cars sold. The all-new compact SUV will be the third all-new, India-specific product developed by Škoda Auto India.

 



IIFL Home Finance Ltd. takes 5% strategic stake in RDCL Promoting development of Residential Mortgage-Backed Securitisation in India

 Mumbai, March 27th, 2024 – IIFL Home Finance Ltd. (IIFL HFL), a leading housing finance company in India, is proud to announce its strategic founding role in transforming the country's mortgage market. As a founding member of the RMBS Development Company Limited (RDCL) consortium, IIFL Home Finance will be contributing ₹ 25 crore for a 5% stake, alongside leading financial institutions committed to driving liquidity and growth in the residential mortgage-backed securities (RMBS) market. This initiative marks a significant shift towards a bond market-driven approach to housing finance, similar to successful models in developed countries.


RDCL brings together major players like ICICI Bank, HDFC Bank, Bajaj Finance, Shriram Housing Finance, Aditya Birla Housing Finance, Hero Housing Finance, and Grihum Housing Finance Limited, with major shareholding from National Housing Bank (NHB) (39%) and LIC (10%). Together, the consortium has pledged a total investment of ₹ 500 crore to revitalize the RMBS market and unlock its potential for financing affordable housing.


IIFL Home Finance Ltd. has a proven track record of empowering first-time home ownership, with a focus on affordable housing finance. Over the past eight years, the company's Assets Under Management (AUM) has grown at a stellar 38 % CAGR, reaching ₹ 32,937 crore as of 9MFY24. Notably, a majority of IIFL HFL's borrowers are women, reflecting the company's commitment to financial inclusion and social responsibility. Currently, IIFL Home Finance is a dominant player in the sub-₹ 25 lakh loan segments, amongst the housing finance companies.


IIFL HFL's commitment to social impact extends beyond sustainable housing initiatives. The company is a leading contributor to the Credit Linked Subsidy Scheme (CLSS) with facilitating subsidy of over ₹ 1,750 crores to over 75,000 household, further demonstrating its dedication to making homeownership a reality for low- and middle-income families. The company has also disbursed loans close to 25,000 Beneficiary Led Construction households under PMAY.


Mr. Monu Ratra, CEO and ED of IIFL Home Finance Ltd, said, "We are thrilled to be a part of this transformative initiative. This is a watershed moment for the Indian mortgage industry. The RMBS platform under the aegis of the National Housing Bank (NHB) shall provide the much-wanted liability diversification and improvement of cost of funds for all mortgage players. IIFL HFL is humbled and proud to be able to play its small role in India’s first ever RMBS platform.”


IIFL Home Finance Ltd., a champion for sustainable housing practices, secured a total funding of over $ 450 million in FY 23-24 from DFIs such as U.S. International Development Finance Corporation (DFC), International Finance Corporation (IFC), and others to support affordable and green housing for low-income and economic weaker sections. This impressive funding not only reinforces IIFL HFL as the leading affordable housing company but also aligns with the government's vision of Housing for All, promoting financial inclusion, environmental and social responsibility, and will be instrumental in addressing the affordable housing gap in India.



About IIFL Home Finance Ltd. (Re-Drafted Boiler Plate)

IIFL Home Finance Ltd., the largest affordable housing finance company which is a subsidiary of IIFL Finance Ltd., with 79.59% shareholding, while Abu Dhabi Investment Authority acquired 20.41% stake in the company in 2022. As of 31st December 2023, the AUM stood at ₹ 32,927 cr of which home loan is 77%. The Return on Assets (ROA) for the period is at 4.4%. IIFL Home Finance Ltd. is dedicated to providing home loans, empowering the EWS/LIG segments to achieve homeownership. Partnering with Abu Dhabi Investment Authority, IIFL Home Finance Ltd. champions eco-friendly building practices, promoting sustainable development. With a state-of-the-art IT infrastructure offers a seamless loan experience, streamlining the process from application to closure. The company's asset-light model, enabled by co-lending arrangements, allows expansion of their reach into deeper markets across India. IIFL Home Finance Ltd. goes beyond financing homes. They contribute to building a sustainable and inclusive future, one affordable home at a time.



*Kareena Kapoor Khan shares BTS video from the sets of Crew, says, "We laughed, we cried, we fought, we argued, we ate, and somewhere in between, the magic called moviemaking happened

Crew is all set to release tomorrow and the excitement is indeed at its peak to witness the biggest commercial family entertainer on the big screens. While the trailer and the songs of the film have set a perfect tone for its arrival, the team is leaving no stone unturned to raise the excitement a notch higher. Keeping up the spree, Kareena Kapoor Khan shared a BTS video from the sets of Crew while capturing all her beautiful memories. 


Kareena Kapoor Khan took to her social media and shared a BTS video that captures her spending a great time on the sets of Crew. From having a good time with her co-stars, Tabu and Kriti Sanon to shooting her character as an air hostess, to preparing for her looks, the actress truly took us through her journey from the sets. She further jotted down the caption. 


"We laughed, we cried, we fought, we argued, we ate, and somewhere in between, the magic called moviemaking happened... with the best CREW ever.

So grab your popcorn, switch off your phones, fasten your seatbelts, and let three badass ladies take you on your most fun flight ever.

💥💥💥💛💛❤️❤️

Sona Kahan hai… ??

Sona??

See you tomorrow 💥💥💥

29th March in cinemas ❤️


#1DayToGo #Crew"


https://www.instagram.com/p/C5DD3g0IZxA/


Crew is all set for its release tomorrow. The film is receiving an amazing response on the advance bookings and is sure to bring along a plethora of entertainment for the audience. 


Prepare to embark on a cinematic journey like never before with "Crew." Directed by Rajesh A. Krishnan, this highly anticipated film from Balaji Telefilms and Anil Kapoor Film & Communications Network is set to hit theaters on March 29th, 2024.

Wednesday, March 27, 2024

Student recruitment solution provider, Crizac Limited files DRHP for Rs 1000 cr IPO

Kolkata-based Leading Student Recruitment Solution Provider, Crizac Limited, offering international student recruitment solutions to global institutions of higher education in the United Kingdom, Canada, the Republic of Ireland, Australia, and New Zealand (ANZ), has filed its draft red herring prospectus (DRHP) with the market regulator, Securities and Exchange Board of India (SEBI), to raise funds through an initial public offering (IPO).


The IPO, with a face value of Rs 2 per equity share, is entirely an offer for sale of up to Rs 1,000 crore by the promoter selling shareholders.


The offer for sale consists of the sale of equity shares of up to Rs 841 crore by Pinky Agarwal and up to Rs 159 crore by Manish Agarwal. The offer includes a reservation for subscription by eligible employees.


The offer is being made through the book-building process, wherein not more than 50% of the net offer shall be available for allocation on a proportionate basis to qualified institutional buyers, not less than 15% of the net offer shall be available for allocation to non-institutional investors, and not less than 35% of the net offer shall be available for allocation to retail individual investors.


Crizac Limited has established strong partnerships with leading universities in the United Kingdom and is a major player in student recruitment from India to the UK, holding a significant market share of approximately 13.0% based on the number of Indian students pursuing higher education in the UK in 2023, according to a F&S report mentioned in the DRHP.


During the six months ending September 30, 2023, and in the last three fiscal years, Crizac Limited facilitated enrollment applications from over 72 countries through its registered agents on its technology platform. 


It processed more than 3.82 lakh student applications and collaborated with over 140 global universities. As of December 31, 2023, the company had over 5,300 registered agents globally, including 1,819 active agents in Fiscal 2023, with a significant presence in India and various countries like the United Kingdom, Nigeria, Pakistan, Bangladesh, Nepal, Sri Lanka, Kenya, Vietnam, Canada, and Egypt.


Based in Kolkata, Crizac Limited has experienced substantial growth, achieving an 81.02% Compound Annual Growth Rate (CAGR) in revenue from operations in Fiscal 2014 to its proforma consolidated revenue from operations in Fiscal 2023, driven by its partnerships with global universities.


The company collaborates with prestigious institutions such as the University of Birmingham, University of Surrey, University of Sunderland, Nottingham Trent University, University of Greenwich, University of West London, University of Portsmouth, De Montfort University, Glasgow Caledonian University, Aston University, University of Dundee, Dundalk Institute of Technology, Coventry University, and Swansea University.


Its advisory board includes Maximus Armani, Christopher Mark Bustin, Maire Caitlin Gallen, and David John Caine, who bring expertise from the international finance and global education industry.


Crizac Limited’s proforma consolidated revenue from operations during the fiscal year 2023 increased 79.47% to Rs 472.97 crore from Rs 263.53 crore in the previous year, primarily due to an increase in the revenue from education consultancy services. Profit after tax grew 65.50% from Rs 67.76 crore for the Financial Year 2022 to Rs 112.14 crore for the Financial Year 2023.


For the six months ended September 30, 2023, proforma consolidated revenue from operations stood at Rs 262.89 crore, and profit after tax stood at Rs 89.61 crore.


India's higher education system is among the largest globally, with over 70 million enrolled students and a capacity for an additional 40 million students created in the last two decades. The Indian education sector was valued at around US$117 billion (Rs 9.72 trillion) in FY 2020, with projected growth to reach US$225 billion (Rs 18.69 trillion) by FY 2025 and US$313 billion (Rs 26 trillion) by FY 2030.


Equirus Capital Private Limited and Anand Rathi Advisors Limited are the book-running lead managers, and Link Intime India Private Limited is the registrar of the issue.



E- Luna is an instant hit as a Preferred Vehicle for E-commerce Deliveries


• Kinetic Green delivers 130 E-Luna for Last Mile Deliveries at Pune, to Safe and Secure Delivery Solutions, Big Basket's Delivery Partner

• Expects large business of 50,000 E-Luna for E-commerce deliveries in 2024-25

• Company has launched a special Corporate Program called E-Luna Fleets to provide E-Luna, as a Complete Solution for the fast emerging the gig economy

Pune 27th March 2024: Kinetic Green, a leading Indian electric vehicle manufacturer, marks a significant milestone with the delivery of a 130-strong fleet of its highly anticipated E-Luna electric scooters to Safe and Secure Delivery Solutions, the official delivery partner of India's leading online grocery store, Big Basket. This landmark collaboration signifies not just the growing adoption of electric mobility, but also the E-Luna's resounding success across various customer segments, both as personal mobility vehicle and as a preferred vehicle for the growing gig-economy.  

This grand event was held at Chinchwad, Pune, championed by Kinetic Green’s leading channel partner, Jai Mata Di Green and in special presence of Ms. Sulajja Firodia Motwani, Founder and CEO of Kinetic Green, Fazal Shaikh - Founder Safe and Secure Delivery Solutions, Mr. Shrirang Barne -Member of the Lok Sabha, Chinchwad, Mr. Pankaj Sharma - President two-wheeler, Kinetic Green and Mr. Manish Mohite - Dealer Principal, Jai Mata Di Green. 

The E-Luna's robust design and practical features are proving to be a perfect fit for E-commerce delivery businesses like Safe and Secure Delivery Solutions. Built with a strong metal body and a heavy-duty chassis, the E-Luna is engineered for strength and durability.  Its large 16-inch wheels ensure a comfortable ride on diverse terrains, allowing delivery personnel to navigate city streets with ease. Additionally, the E-Luna boasts an impressive payload capacity, making it ideal for carrying groceries and other essential goods.

Beyond its robust build, the E-Luna's true strength lies in its exceptional efficiency.  With significantly lower running costs compared to traditional petrol-powered scooters, the E-Luna empowers businesses like Safe and Secure Delivery Solutions to optimize operational costs and boost profitability. The long-range capabilities of the E-Luna further enhance its practicality, ensuring deliveries can be completed efficiently. As in Electric vehicle, its running cost of only Rs. 10 paise per Kilometer, also is a great USP, leading to great savings in the E-commerce delivery eco-system, where transport and delivery cost are a significant cost element.

Ms. Sulajja Firodia Motwani, Founder and CEO of Kinetic Green, expressed her delight, stating: "We are thrilled that our E-Luna has been well received for personal mobility and also as a suitable and preferred partner for the gig economy and e-commerce deliveries. This collaboration with Safe and Secure Delivery Solutions is a testament to the E-Luna's versatility and its ability to cater to diverse needs. We are excited to be a part of Big Basket's sustainable delivery journey, and this landmark delivery to Big Basket's partner demonstrates the E-Luna's ability to empower businesses with a powerful and eco-friendly solution for urban deliveries. We are confident that the E-Luna will play a pivotal role in shaping a greener future for city logistics. We are working on many similar opportunities, and we expect an order book of around 50,000 e-Luna to be deployed for the last mile delivery segment during 2024-25. "

The E-Luna has captured the imagination of the nation with its perfect blend of design, functionality, and environmental responsibility.  Its growing popularity signifies a shift in consumer and business mindsets, paving the way for a more sustainable urban ecosystem. With its exceptional performance and commitment to eco-friendliness, the E-Luna is poised to become the preferred choice for businesses and individuals alike.

Kinetic Green has a vision to offer E-Luna to its E-commerce delivery partners as a complete Solution” under its Corporate Program called “E-Luna Fleets. This includes a vast network of over 350 dealerships for its E-Luna, which will ensure excellent service and spares support to its customers. Further, the Company has established various partnerships for value-added services like a complete IT platform called KG Konnect for services like real-time GPS tracking and vehicle performance diagnostics, Extended Warranty solutions for a 5-year warranty, and partnerships for financing, fast charging and battery swapping. 

Fazal Shaikh, Founder of Safe and Secure Delivery Solutions, commented "We, at Safe and Secure Delivery Solutions, are committed to providing the best possible service to our customers while also being mindful of the environment. The E-Luna fleet is a game-changer for our operations. Not only are we significantly reducing our environmental footprint, but the E-Luna's low running cost, durability and efficiency are allowing us to streamline deliveries and enhance our profitability. This is a win-win for both the environment and our business."

Kinetic Green's partnership with Safe and Secure Delivery Solutions exemplifies the transformative power of electric mobility. The E-Luna Fleets paves the way for a more sustainable future for city deliveries, reducing emissions and noise pollution in urban areas. This milestone collaboration marks a significant step towards a cleaner, greener future for India.


About Kinetic Green:

Kinetic Green, the latest venture from Kinetic and Firodia Group, today is a leading player in the Electric Vehicle space, offering a wide range of electric vehicles, including electric three-wheelers, both cargo and passenger, and recently introduced electric two- wheelers under the Kinetic Green brand. For electric golf-carts and buggies, the company has formed a Joint Venture with the world’s leading luxury brand, Tonino Lamborghini of Italy.  

Spearheaded by third generation scion of the Firodia family, Ms. Sulajja Firodia Motwani, the company has successfully designed, manufactured, and cumulatively sold over 100,000 electric vehicles and achieved sales of around ₹1200 Crores.  

The mission of Kinetic Green is to provide green mobility to the masses. Kinetic Green has had several firsts to its name, including being the first company to develop ARAI approved electric three-wheelers and the first to offer Lithium-ion battery technology in their electric three-wheelers in India.



P N GADGIL JEWELLERS LIMITED FILES DRHP WITH SEBI

Link: file:///D:/Neha.John/OneDrive%20-%20Adfactors%20PR%20Pvt%20Ltd/Downloads/PN%20Gadgil%20DRHP.pdf

P N Gadgil Jewellers Limited, the second largest among the prominent organised jewellery players in Maharashtra, in terms of the number of stores as on January, 2024, which is the largest market for BIS-registered outlets in India has filed its Draft Red Herring Prospectus (“DRHP”) with market regulator Securities and Exchange Board of India (“SEBI”). 

The Company’s initial public offering comprises a fresh issue of equity shares of face value of ₹ 10 each aggregating up to ₹ 8,500 million and an offer for sale of equity shares of face value of ₹ 10 each aggregating up to ₹ 2,500 million. The total offer size comprises of equity shares of face value of ₹ 10 each aggregating up to ₹ 11,000 million. The offer for sale comprises of equity shares of face value of ₹ 10 each aggregating up to ₹ 2,500 million by SVG Business Trust (Promoter Selling Shareholder).

The funds raised through the IPO are proposed to be utilized for the funding of expenditure towards setting-up of 12 new stores in Maharashtra, repayment or pre-payment, in full or part, of certain borrowings availed by the Company; and general corporate purposes. 

P N Gadgil Jewellers Limited is the second largest among the prominent organised jewellery players in Maharashtra, in terms of the number of stores as on January, 2024, which is the largest market for BIS-registered outlets in India. The company is also the fastest growing jewellery brand amongst the key organised jewellery players in India, based on the revenue growth between FY21 and FY23. The company achieved an EBITDA growth of 56.50% between FY21 and FY23 as well as the highest revenue per square feet in FY23, which the highest among the key organised jewellery players in India. 

As on December 31, 2023, the company expanded to 33 stores, which includes 32 stores across 18 cities in Maharashtra and Goa and one store in the U.S. with an aggregate retail area of approximately 95,885 sq. ft. All the stores are operated and managed by the company with 23 being owned stores and 10 franchisee stores, on a franchisee owned and company operated (“FOCO”) model. Of these stores, 19 stores are large format stores (with an area of 2,500 sq. ft. or more), 11 stores are medium format stores (with an area between 1,000 sq. ft. to 2,500 sq. ft.) and 3 stores are small format stores (with an area of less than 1,000 sq. ft.). Additionally, they have launched their mobile application “PNG Jewellers”, in March 2022. The digital presence allows them to keep customers updated on new designs and collections and familiarise them with the product portfolio, which enhances customers’ in-store experience. The manufacturing of all the jewellery is carried out by more than 75 experienced and skilled artisans in and outside Maharashtra (Karigars). They have currently engaged Madhuri Dixit, as the brand ambassador to promote the brand.

The ‘PNG’ brand derives its legacy from the ‘P N Gadgil’ brand, which has a rich heritage dating back to 1832 and a legacy of over a century. Leveraging the legacy and heritage of the ‘PNG’ brand, the company has created a strong brand recall and presence in Maharashtra offering a wide range of precious metal / jewellery products including gold, silver, platinum and diamond jewellery, across various price points and designs which cover the need of customers and include collections that are specifically designed for special occasions, such as weddings, engagements, anniversaries and festivals, as well as everyday wear jewellery. Promoter, Saurabh Vidyadhar Gadgil, is a sixth generation entrepreneur and has over 25 years of experience in the jewellery manufacturing industry in India. As the managing director of the Company, he has been instrumental in transforming the traditional family business into a contemporary brand.

Motilal Oswal Investment Advisors Limited, Nuvama Wealth Management Limited (formerly known as Edelweiss Securities Limited) and BOB Capital Markets Limited are the Book Running Lead Managers to the issue.


"From Pitch to Pour: Rock Paper Rum's Journey to Stardom on Shark Tank India!"

“Negotiation is your Birthright”, says Lalit Kalani, founder of Rock Paper Rum on Shark Tank India!

"Get ready to raise your glasses as Rock Paper Rum steals the spotlight on the Shark Tank India, bringing a wave of flavor and excitement to the world of mixology."

Mumbai, 20th March: In a world where every sip tells a story, Rock Paper Rum emerges as the new protagonist, blending innovation with tradition to craft an unforgettable experience in every bottle. Founded by Lalit Kalani, a third-generation liquor entrepreneur from the industry, Rock Paper Rum has quickly become one of the most appreciated rums by the consumers as well as the industry bartenders. 


Featured on the popular platform of Shark Tank India, Rock Paper Rum also caught the eye of investors and enthusiasts alike, igniting a revolution in the world of premium spirits. Vineeta Singh, entered into a strategic partnership with Rock Paper Rum, made a notable investment of INR 50 lacs on the show, solidifying her belief in the brand's potential. Leading the seed round of INR 4.5crs with a significant investment is Mumbai Angels, along with other marquee investors such as GSF, Anay Ventures, Ekcle Ventures, and Faad Network, marks a pivotal moment for Good Barrel Distillery, the parent company of Rock Paper Rum, propelling its growth trajectory to new heights.


Founder Lalit Kalani not only wowed the investors with his innovative approach to mixology but also shared invaluable business wisdom, revealing the 3 golden rules of doing business in India.: 

" Negotiation is your birthright; follow-up is your duty, and do all of the above with a Smile."  These simple yet profound advice given by one of his close friends has been the very core of Rock Paper Rum's entrepreneurial journey.


Returning to India after living 17 years abroad, Lalit Kalani identified an emerging market for premium, unique-flavored rums. Inspired by his family legacy and a fervor for revitalizing the Indian spirits scene, he launched Rock Paper Rum in October 2022. The brand, dedicated to utilizing the finest ingredients, crafts an irresistible flavor profile with variants like Indian Spiced, Coastal White, Zesty Lemon, Roast Coffee, and Tropical Coconut. 


"We are thrilled to introduce Rock Paper Rum to the market, offering a variety of flavors that elevate every cocktail experience," shares Lalit Kalani. Crafted with the finest ingredients and distilled to perfection, each bottle of Rock Paper Rum embodies the essence of craftsmanship, delivering a bold, lively, and utterly distinctive taste that lingers long after the last sip.


Rock Paper Rum is already available in Mumbai, Goa, Pune, Nagpur and will soon be launched in Haryana, and Karnataka. Post the airing, Rock Paper Rum has also received a lot of appreciation from international markets and other states as well. 


Join us on this extraordinary journey, as we raise our glasses to Rock Paper Rum—an ode to tradition, a celebration of innovation, and a promise of unforgettable experiences.


Youtube Link of full pitch at Shark Tank India:


https://youtu.be/Fjv7-aXy9W0?si=pxd8x3R7IeL-ZI98


About Rock Paper Rum:

Rock Paper Rum is a premium rum brand founded by Lalit Kalani, a third-generation entrepreneur. Crafted with a passion for innovation and a commitment to quality, Rock Paper Rum offers a unique range of rums, redefining the standards of rum craftsmanship in India. This handcrafted and small-batch rum maintains its beautifully flavored characteristics with an unyielding focus on quality—a bold, lively, and snappy spirit capturing the essence of India.