Tag: Acme Group

  • Frederick Castro Joins Acme group as sr VP, head of corporate communications

    Frederick Castro Joins Acme group as sr VP, head of corporate communications

    MUMBAI: Senior corporate communications professional Frederick Castro has joined Acme group as senior vice president and head of corporate communications, leading the organisation’s brand marketing, investor relations, digital strategy, and corporate communications as part of its ambitious diversification agenda.
    With over 20 years of experience in corporate communications, public relations, and reputation management, Castro has worked across multiple sectors, driving impactful business narratives for leading Indian and global organisations.

    Prior to his latest appointment, he served as vice president and group head of corporate communications at JSW Group for seven years, where he was instrumental in repositioning the conglomerate from a legacy steel company to a diversified business entity with interests across B2B, B2C, and technology ventures. His tenure saw the group’s expansion into consumer businesses, electric vehicles, sports, education, realty, e-commerce, and technology investments, while also leading JSW Infrastructure’s Rs 2,800 crore IPO campaign.

    Before JSW Group, Castro was global head of corporate communications at Sun Pharmaceuticals, where he spearheaded communications and crisis management during the company’s $4 billion acquisition of Ranbaxy. He also played a pivotal role in Sun Pharma’s rebranding and reputation-building initiatives across 60 countries,

    His professional journey spans roles in Reliance ADA Group, Go Airlines (Wadia Group), and Prism Johnson (Rajan Raheja Group), along with experience in public relations agencies such as Integral PR, Ketchum Sampark, and Hill+Knowlton Strategies. Over the years, he has successfully managed PR campaigns for globally renowned brands including ITC, Coca-Cola, Lafarge, Diageo, and Hitachi.

    A specialist in reputation management, stakeholder perception, and digital advocacy, Castro has extensive expertise in financial communications, IPO campaigns, ESG initiatives, and workplace transformation strategies.
    With his appointment at Acme group, Castro will play a key role in enhancing brand reputation and driving communication strategies as the company embarks on a new phase of business expansion.

  • ACME Group’s ‘Connect’ Fund Receives First Round of Funding, Propelling India’s AVGC Sector Forward

    ACME Group’s ‘Connect’ Fund Receives First Round of Funding, Propelling India’s AVGC Sector Forward

    In a groundbreaking move, the ACME Group’s ‘Connect’ Fund has successfully secured its first round of funding, marking a significant milestone for India’s burgeoning Animation, Visual Effects, Gaming, and Comic (AVGC) sector. This fund, established under the AFPL CAT II AIF Trust and registered with SEBI (Registration No.: IN/AIF2/23/24/1309), is the first of its kind in India dedicated to the AVGC industry.

    Ramon Talwwar, the Managing Director and CEO of ACME Group, expressed his heartfelt gratitude for the support received. “We are incredibly grateful for the confidence shown by our investors. This funding is a testament to the potential of the AVGC sector and our commitment to nurturing its growth,” Talwwar said. With over two decades of experience in capital markets, investment banking, and corporate finance, Talwwar’s strategic vision is set to drive the fund’s success.

    Abhinav Shukla, the co-founder of the ‘Connect’ Fund, emphasized the transformative impact this fund will have on the AVGC industry. “Our goal is to integrate cutting-edge technology and digital platforms into our investment strategy, ensuring that we remain at the forefront of this rapidly evolving industry,” Shukla stated. A veteran in the media and entertainment industry, Shukla’s expertise will be pivotal in attracting further investments and forging strategic partnerships.

    The AVGC sector in India, recognized by the government as a critical area of focus, is currently valued at approximately $4 billion and is projected to triple to $12 billion by 2030. This rapid growth is fueled by the increasing demand for digital media, immersive gaming, and innovative entertainment content. The ‘Connect’ Fund’s project scope, nearly INR 300 Crores, is poised to capitalize on this growth, providing much-needed capital to high-potential AVGC companies.

    The infusion of capital from the ‘Connect’ Fund is expected to act as a catalyst for the AVGC sector, driving technological innovation and creating new market opportunities. As the industry continues to evolve, the fund aims to support companies that are pushing the boundaries of creativity and technology, ultimately contributing to the sector’s long-term sustainability and growth.

  • SPDA unveils new brand identity to represent the entire energy transition spectrum

    SPDA unveils new brand identity to represent the entire energy transition spectrum

    Mumbai: SPDA, an independent industry association committed to promoting the renewable energy space, has made a strategic decision to rebrand itself as the ‘Sustainable Projects Developers Association’ (SPDA). The new brand identity reflects the association’s transition from representing pure-play renewable energy developers to representing end-to-end providers of solutions across the decarbonisation spectrum.

    In line with its strategy to focus on the overall clean energy eco-system, SPDA – Sustainable Projects Developers Association has been leading the representation of emerging decarbonisation solutions like green hydrogen and its derivatives, wind, solar, hybrid solutions, energy storage including pumped storage and batteries, carbon markets, solar module manufacturing and electrolyser manufacturing, and is poised to deepen further its engagement with policy advocacy, discussions and consensus building on issues related to the energy transition.

    The Association has been a pioneer in leveraging its outreach to accelerate the transition to green energy and providing assistance in policy evolution and a healthier investment climate for renewable energy and green fuel projects and services in India. SPDA’s new identity will reinforce its position as a marquee organisation in the green services space, forging co-operation with leading global associations and holding events abroad in its pursuit to promote India’s leadership in the global stride towards decarbonisation.  

    SPDA and ex-governor of Chhattisgarh director general Shekhar Dutt said, “SPDA aims to provide a neutral platform and become the voice of the companies engaged in energy transition in the country. This new identity will also enable SPDA to expand its global outreach, especially in countries where urgent transition towards clean energy is becoming the new mantra for Governments. SPDA will promote offerings across the spectrum that support decarbonisation within the context of the future of energy.”

    SPDA president and Avaada Group chairman Vineet Mittal commented, “The urgency of addressing climate change is evident. Worldwide governments and businesses are seeking to adopt a more sustainable approach to foster economic development and prosperity for all. Round-the-clock Renewables, Green Hydrogen and its derivatives have emerged as potent alternatives to fossil fuels for advancing accelerated decarbonisation across sectors and geographies. India with its vast potential of renewable energy and skilled manpower is poised to play an important role in fulfilling global demand for Green Hydrogen and its derivatives.

    The rechristening of SPDA marks a significant milestone in our quest for a carbon-neutral world. Our primary goal is to widen the outreach of Indian developers, and represent their interests both in India and abroad in countries where there is demand for green fuels buoyed by their decarbonization targets. In its pursuit, SPDA will leverage its networking capabilities coupled with research-backed representations for effective and transformational policy advocacy.”

    Ammonia, Acme Group COO Sandeep Kashyap said “We extend our felicitations to Sustainable Projects Developers Association on its rebranding and renewed focus on advancing green energy sources. The new identity not only signifies a commitment to bolstering India’s energy security but also to positioning the nation as a global hub for green energy innovation. We eagerly anticipate working towards our shared mission for a sustainable future.”

    Ocior Energy CEO Ranjit Gupta commented “Energy transition stands at the core of climate action and sustainable economic progress. In an ever-evolving sector, the role of SPDA in shaping green energy discussions cannot be overstated. With our commitment to a greener world, we applaud SPDA for its new direction and look forward to fruitful collaboration.”