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Tag: Sonal Kukreja

  • The Golf Foundation concludes its fourteenth Invitational Fundraiser Tournament in Mumbai

    The Golf Foundation concludes its fourteenth Invitational Fundraiser Tournament in Mumbai

    Mumbai: The Golf Foundation (TGF) concluded its highly anticipated fourteenth Invitational Fundraiser Tournament at the prestigious Willingdon Sports Club in Mumbai marking yet another successful event in its commitment to nurturing young golf talent from underprivileged backgrounds.

    The tournaments, held in support of TGF’s noble cause, witnessed an enthusiastic participation of golf enthusiasts who came together to contribute towards fostering promising golf talent across India.

    Distinguished guests graced the occasion, including the esteemed presence of iconic former cricketer Kapil Dev, Miss Supranational India 2024 Sonal Kukreja and more noteworthy guests.

    Reflecting on the success of the event, multiple-time national golf champion, Asian Games gold medallist, and Arjuna awardee Golfer Amit Luthra reiterated TGF’s unwavering commitment to empowering young individuals through golf. “The Golf Foundation strongly believes in the transformative power of golf in the lives of young individuals. Reflecting on the success of the event, I extend my heartfelt gratitude to all participants and supporters for their invaluable contribution to our cause. Together, we are shaping a brighter future for young golfers from underprivileged backgrounds.”,

    Talking about the event, The Golf Foundation supporter Kapil Dev said, “The commitment shown by The Golf Foundation towards nurturing golf talent is commendable. By providing opportunities and support to young golfers, they are not just shaping athletes but also inspiring future champions. I am proud to be associated with such a noble cause.”

  • Cashaa exits from Unicas

    Cashaa exits from Unicas

    Mumbai:The crypto neo bank, Cashaa, has announced its exit from Unicas. This is Cashaa’s maiden attempt to enter the personal crypto-banking market after becoming a market leader in B2B crypto banking. Presently, Unicas has four branches fully operating in India, and the company aims to further its expansion. Unicas provides saving accounts and offers collateralized loans against crypto assets.

    In 2020, Unicas offered crypto-friendly savings accounts to its customers in partnership with the United Multistate Co-op.

    In recent events, Cashaa holding company Crypto Innovations UAB was granted a European virtual assets license from Lithuania. “The proposal was in the best interest of Cashaa, and it was decided that it would be even beneficial for both companies if Cashaa accepts a proposed buyout offer and exits from Unicas,” said Cashaa’s Board representative Anamaria Redianu.

    The compensation from the buyout will contribute to a $20 million investment fund to develop the fast-growing Web3 market. The complete details will be out soon.

    Cashaa CEO Kumar Gaurav said, “The Indian market offers tremendous potential, especially after the recent clarity regarding cryptocurrency taxation and legal infrastructure. We at Cashaa welcome this decision.”

    “We have decided to acquire our stake from Cashaa representatives in India to give a new direction to Unicas. After the recent reforms, the Indian market has a huge upside potential”, said Unicas CEO and co-founder Sonal Kukreja.