Day: 23 July 2021

In the Cradle of Luxury and Positive Energy: Aditya Kilachand Launches ‘Avas Wellness Living Project’ in Alibaug

Vijay Raman

Mumbai, Maharashtra, India With health and wellness taking centre stage, people today are looking for ways to enhance their everyday quality of living. Bringing together and building a community of like-minded people who share commitment and concerns towards fundamentals of health and wellness, forward looking business entrepreneur, Aditya Kilachand today announced the launch of the Avās Wellness Living Project in Alibaug. Avās Living offers a first-of-its-kind community development, inclusive of an enclave of resplendent, eco-friendly homes and an indulgent spa and wellness centre. Multi-cuisine cafes, jogging tracks, an elegant leisure pool, nature immersed living,…

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India’s Future Technology DNA will be Shaped by SaaS – say Chiratae, Zinnov

Vijay Raman

BANGALORE, India, July 22, 2021 /PRNewswire/ — Over the last two decades, the Indian SaaS space has undergone a transformational evolution across dimensions of products, use cases, market, customers, talent, and funding. The landscape has metamorphosed and matured to bring about a chromosomal change in the Indian technology ecosystem and is poised to provide a massive boost to the Indian economy in terms of growth and employment rates. The Chiratae–Zinnov study titled, “Indian SaaS Revolution: Rising Trillion Dollar Global Opportunity,” explores the factors driving this explosive growth, the surge of unicorns…

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Tanla net profit soars 33%, reaches an all-time high

Vijay Raman

HYDERABAD, India, July 22, 2021 /PRNewswire/ — Tanla Platforms Limited, India’s largest CPaaS provider, today announced its financial results for the quarter one of FY’21-22. Key Metrics: First Quarter Revenue was ₹626.38 crore, and grew by 38% YoY Operating profit stood at ₹134.53 crore, and grew by 79% YoY Net Profit was ₹104.48 crore, and grew by 33% YoY Earnings per share was ₹7.68, and grew by 49% YoY Cash conversion (operating cash flow to operating profit) was at 102% Cash & Cash Equivalents was ₹717.11 crore, up from ₹247.02…

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