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Tag: Sandeep Agarwal

  • Visionet rebrands as a future-ready engineering partner

    Visionet rebrands as a future-ready engineering partner

    Mumbai: Visionet Systems Inc, a provider of technology services and solutions, has announced a comprehensive rebranding that encapsulates its evolving identity, mission, and values. This strategic transformation signifies the company’s continuous evolution and unwavering dedication to exceeding customer expectations.

    Over the past 27 years, Visionet has thrived on innovation, transforming alongside the ever-changing technological landscape and shaping the future with its engineering expertise. This rebranding aligns with its mission to harness the power of engineering and technology to solve complex challenges and enhance lives, innovating solutions that simplify, empower, and transform.

    While its brand identity is evolving, its core values remain steadfast. Visionet continues to uphold problem-solving, agility, adaptability, and customer-centricity. Visionet is committed to delivering the high-quality products and services its customers have come to expect.

    Visionet CEO Kamran Ozair expressed his enthusiasm about the new identity, “We are excited to embark on this new journey. This rebranding represents a significant step in our evolution, reflecting our dedication to adapting, engineering, and innovating to meet the needs of our customers and the market.”

    As part of the rebranding, Visionet introduces a new logo symbolising its forward-thinking approach and continuous pursuit of growth. The new tagline, ‘Engineering. Simplified.’ encapsulates the company’s vision of making technology more accessible and effective. The company has also strengthened its offerings delivering digital experiences, enterprise modernisation, data & AI, and managed IT services to provide even more value to its clients, ensuring a comprehensive and enhanced customer experience.

    “We understand that true progress comes through collaboration,” said Kamran. “At Visionet, we don’t just build solutions – we build partnerships. We equip our clients with the tools and expertise they need to stay ahead of the curve, engineering a future of innovation together.”

    Visionet global MD & CTO Sandeep Agarwal said, “This rebranding is particularly significant for businesses in India, where Visionet has a strong presence. The enhanced offerings and leadership focus will help Indian businesses leverage cutting-edge technologies to drive growth and efficiency.”

    Visionet’s commitment to innovation and customer-centric solutions ensures that Indian enterprises can navigate and thrive in a rapidly evolving digital landscape. With 2,000 employees currently, the India office is expected to double its growth in the next two to three years. This expansion underscores their commitment to leveraging India’s vast talent pool to drive innovation and deliver exceptional value to our clients globally.

  • Kidbea secures $1mn funding in Pre-Series A round led by Venture Catalysts

    Kidbea secures $1mn funding in Pre-Series A round led by Venture Catalysts

    Mumbai: Kidbea, an innovative bamboo-based kids fashion brand, has announced that it has raised $1 million in funding in the Pre-series A round led by early-stage investment firm Venture Catalysts.

    The funding round also saw involvement from Agility Ventures and BestVantage Investments, as well as notable figures in the industry such as Sandeep Agarwal and Upasana Agarwal, founders of Droom, Ashok Bahadur, alongside a group of experienced angel investors, and Hiro Mizushima, a well-known celebrity actor in Japan.

    Founded in 2021 by Swapnil Srivastav, Mohammad Hussain, and Aman Kumar Mahto, Kidbea specialises in creating bamboo plant-based, skin-friendly, and comfortable children’s apparel. Kidbea’s products effectively tackle issues such as discomfort, skin rashes, and food spillage in newborns by providing GOTS (Global Organic Textile Standard) certified clothing that is environmentally friendly and gentle on children’s skin.

    Kidbea will use the funding to boost its marketing and branding initiatives, expand its team, and improve operations. Additionally, a strategic portion of the funds will be allocated to research and development and technology to maintain a leading position in the rapidly evolving children’s fashion industry.

    At present, Kidbea has a presence on all major online platforms and is available in over 30 partnered stores located in premium children’s hospitals. Additionally, Kidbea has expanded its global reach to include the UAE, Bahrain, and Australia. The brand’s varied product portfolio features over 250 SKUs, encompassing kids’ rompers, bodysuits, reusable cloth diapers, soft toys, and accessories.

    On the expansion plan and the new funding, Kidbea co-founder Aman Kumar Mahto said, “The funding signifies a major milestone in our journey to turn Kidbea into a Rs 500 crore brand within the next 3 years. This funding provides us with the means to improve our sustainable offerings, extend our global presence, and persist in redefining children’s fashion.”

    On the overall opportunity and growth potential, the founders added that Kidbea posted an impressive eight times revenue growth in FY-23 demonstrating the brand’s growing appeal in the burgeoning kidswear segment that is pegged at $16.4 billion.

    Highlighting the potential within the children’s apparel and accessories market, Venture Catalysts co-founder and managing director Dr. Apoorva Ranjan Sharma expressed, “Choosing to invest in Kidbea was an obvious decision for us. With India’s daily birth rate exceeding 67,000 children, there is a substantial opportunity for Kidbea to target the market across both metropolitan areas and small towns, driven by the increasing awareness among new parents regarding sustainable and eco-friendly clothing. Kidbea’s innovative approach and dedication to quality align with the changing expectations of mindful consumers. We have confidence in Kidbea’s potential not only to redefine children’s fashion but also to make a significant contribution to the sustainable fashion landscape.”

    Striving to evolve into a Rs 500 crores brand within the next three years, Kidbea is on a trajectory of growth. The company’s dedication to sustainability and quality, along with the strategic deployment of its recent funding, positions Kidbea to further its expansion and solidify its position as a frontrunner in the global children’s fashion industry.