Cosmo First launches its first pet hospital and experience center in Mumbai
Zigly, India's first tech-enabled omnichannel pet care brand from Cosmo First Limited, has officially entered the Mumbai market as part of its national expansion plan. Strengthening its presence in Western India, Zigly has acquired the established Small Animal Clinic & Surgical Centre in Khar West, transforming it into a full-service Zigly experience center.
Located at Matru Mandir, 18th Road, Khar West, Mumbai, the 1,520 sq. ft. facility now offers a complete pet care ecosystem. It includes veterinary consultations, advanced diagnostics, surgeries, vaccinations, radiology, pathology, dentistry, grooming, pharmacy services, and more—all under one roof.
The center was originally founded by reputed veterinarians Dr. Sanjiv and Dr. Rajni Rajadhyaksha and has a loyal customer base of over 25,000 pet parents. Zigly's current ARR (net revenue) stands at ₹56 crore as of February 2025, with plans to more than double within the next one to two years.
Pankaj Poddar, Group CEO, Cosmo First, stated, 'Our entry into Mumbai is a key milestone in Zigly's journey to build a nationwide, high-quality pet healthcare network. By acquiring trusted local centers, we bring in deep veterinary experience while rapidly scaling our footprint.'
Zigly has also announced plans to upgrade the Mumbai facility to a 24×7 pet care center soon. This follows recent launches of pet hospitals in Hyderabad and Delhi and new experience centers in Bengaluru, Ahmedabad, Chandigarh, and more.
With India's pet care market expected to grow at 19% annually, driven by millennial and Gen-Z pet ownership, Zigly is well-positioned to lead the shift toward accessible, holistic pet services across metros and Tier 2–3 cities.
Ahmedabad Plane Crash
Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Wire
4 hours ago
- Business Wire
BlackSky Secures Two-Year Gen-3 Early Access Agreement with New International Gen-2 On-Demand Customer Six Months from Initial Contract
HERNDON, Va.--(BUSINESS WIRE)--BlackSky Technology Inc. (NYSE: BKSY) secured a two-year Gen-3 early access agreement with a new international customer that initiated a Gen-2 On-Demand contract in January. The rapid expansion commitment illustrates the tremendous operational value and growing demand for combined Gen-3 very high-resolution imagery and Gen-2 low-latency, high-cadence dynamic monitoring services. 'BlackSky continues to be recognized as a trusted mission partner in helping our global customers quickly scale their advanced national space capabilities and become among the first to acquire early access to Gen-3." Share "BlackSky continues to be recognized as a trusted mission partner in helping our global customers quickly scale their advanced national space capabilities and become among the first to acquire early access to Gen-3,' said Brian O'Toole, BlackSky CEO. 'Existing On-Demand customers are quickly realizing how the immediate availability and powerful, comprehensive tip-and-cue utility between our Gen-3 and Gen-2 systems delivers a critical real-time decision advantage for daily military and intelligence operations.' The proven on-orbit operational and technical heritage of the Gen-2 constellation has been leveraged into the design and operations of Gen-3. Gen-3 satellites generate high-cadence, time diverse 35-centimeter imagery that enables automated identification and classification of a wide library of vehicles, aircraft, vessels and other objects of military interest, enhancing the value of BlackSky's current Gen-2 dawn-to-dusk dynamic monitoring services. 'As we integrate more and more Gen-3 satellites into the fleet, our early access customers will experience unparalleled reliability and quality of imagery at industry-leading speeds in support of the full range of strategic to tactical ISR missions,' said O'Toole. On-Demand services provide flexible, subscription-based access to global satellite imagery and AI-driven analytics. The service is ideal for operations where responsiveness is paramount, with access to immediate tasking, multi-sensor data fusion and mission-ready insights when and where a customer needs them. About BlackSky BlackSky is a real-time, space-based intelligence company that delivers on-demand, high frequency imagery, analytics, and high-frequency monitoring of the most critical and strategic locations, economic assets, and events in the world. BlackSky owns and operates one of the industry's most advanced, purpose-built commercial, real-time intelligence systems that combines the power of the BlackSky Spectra® tasking and analytics software platform and our proprietary low earth orbit satellite constellation. With BlackSky, customers can see, understand and anticipate changes for a decisive strategic advantage at the tactical edge, and act not just fast, but first. BlackSky is trusted by some of the most demanding U.S. and international government agencies, commercial businesses, and organizations around the world. BlackSky is headquartered in Herndon, VA, and is publicly traded on the New York Stock Exchange as BKSY. To learn more, visit and follow us on X. Forward-Looking Statements Certain statements in this press release may contain forward-looking statements within the meaning of the federal securities laws with respect to BlackSky. These forward-looking statements generally are identified by the words 'believe,' 'project,' 'expect,' 'anticipate,' 'estimate,' 'intend,' 'strategy,' 'future,' 'opportunity,' 'plan,' 'may,' 'should,' 'will,' 'would,' 'will be,' 'will continue,' 'will likely result,' and similar expressions. Forward-looking statements are predictions, projections, and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this document. If any of these risks materialize or underlying assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. In addition, forward-looking statements reflect our expectations, plans, or forecasts of future events and views as of the date of this communication. We anticipate that subsequent events and developments will cause their assessments to change. Accordingly, forward-looking statements should not be relied upon as representing our views as of any subsequent date, and we do not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. Additional risks and uncertainties are identified and discussed in BlackSky's disclosure materials filed from time to time with the SEC which are available at the SEC's website at or on BlackSky's Investor Relations website at
Yahoo
5 hours ago
- Yahoo
Circle stock jumps after quarterly revenue beats estimates in first earnings since blockbuster IPO
Circle (CRCL) stock jumped over 6% in premarket trading on Tuesday morning after the stablecoin issuer posted better than expected quarterly results for the first time since going public. The company posted a loss per share of $4.48, with revenue of $658 million versus the $647 million analysts expected. The company's net loss of $482 million was affected by IPO-related charges. Circle also announced Arc, an open Layer-1 blockchain, designed to provide a foundation for stablecoin payments and capital markets applications. The stock is up more than 400% from its IPO price of $31 per share as crypto-friendly legislation has lifted the sector. Circle has been at the center of optimism over the stablecoin market following the passage of the GENIUS Act, legislation that creates guardrails and a framework for digital tokens backed by assets such as the US dollar. Circle makes much of its money from interest income — specifically from short-term Treasury bills backing its stablecoin, USDC (USDC-USD). The company's income earned from the management of stablecoin-related reserves grew from $735.9 million in 2022 to $1.4 billion in 2023 and $1.7 billion in 2024. That represented 95.3%, 98.6%, and 99.1%, respectively, of Circle's total revenue from continuing operations. Reserve income increased 50% year-over-year to $634 million, primarily from an 86% growth in USDC stablecoin circulation. Circle also shares part of its revenue with Coinbase (COIN), a major partner. Last month, Wall Street analysts flagged risks heading into the back half of the year for the high-flier, including rising distribution costs. "In the coming months, we expect Circle to expand its distribution network while sharing a greater percent of interest income," Compass Point analyst Ed Engel wrote. He downgraded the stock to Sell from Neutral. "We also expect traditional banks and Fintechs to announce competing stablecoin products," he added. However, others on Wall Street see the stock as a way for investors to participate in rising enthusiasm over stablecoins. "CRCL is a global leader in stablecoins and is the purest stablecoin play in the public markets right now, and we anticipate further gains in the shares as the company creates new opportunities for itself and its partners," wrote Seaport Research analysts Jeff Cantwell last month. The analyst has a Buy Rating and price target of $280 on the stock. Circle's results come as the overall market hovers near all-time highs and crypto rallies on expectations of Federal Reserve rate cuts and President Trump's push to include crypto in 401(k) plans. Bitcoin (BTC-USD) and ethereum (ETH-USD) have both emerged as winners in the crypto space. On Monday, Bernstein analysts noted Circle as a way to play growing interest in the ethereum network, as its native coin has surged roughly 20% year to date. "Circle's USDC is minted and settled on Ethereum," wrote analyst Gautam Chhugani and his team on Monday. The analyst notes that over the last three months, USDC's total supply has increased by 7% to over $65 billion. "The rise of Ethereum and its growing on-chain financial ecosystem drives demand for USDC as collateral in smart contracts (e.g trading/lending/asset management applications) as well as settlement currency/collateral," wrote Chhugani. Wall Street analysts currently have nine Buy, five Hold, and four Sell ratings on Circle stock. Ines Ferre is a senior business reporter for Yahoo Finance. Follow her on X at @ines_ferre. Click here for in-depth analysis of the latest stock market news and events moving stock prices Errore nel recupero dei dati Effettua l'accesso per consultare il tuo portafoglio Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati
Business Upturn
6 hours ago
- Business Upturn
Nifty top gainers and losers today, August 12: Tech Mahindra, Maruti Suzuki, Hero MotoCorp among top performers
The Indian benchmark indices closed lower today, with the Nifty 50 slipping 0.40% to end at 24,487.40 and the Sensex dropping 0.46% to close at 80,235.59. Despite the overall market weakness, several stocks managed to post notable gains, while others faced significant losses. Here's a look at Nifty top gainers and losers that drove the day's action (as per Trendline) for the day: Among the top gainers on the Nifty, Tech Mahindra was up 2.0% to close at 1,511.2, followed by Maruti Suzuki, which rose 2.0% to 12,847. Hero MotoCorp gained 1.8%, ending at 4,644, while Mahindra & Mahindra advanced 1.6% to 3,236.5. NTPC also saw a rise of 1.2%, closing at 340.1. Other notable gainers included Sun Pharmaceutical (up 1.1% to 1,626.5), Cipla (up 1.1% to 1,521.6), Tata Steel (up 1.0% to 160.2), Coal India (up 0.8% to 385.4), and Oil and Natural Gas, which increased 0.7% to 235.4. On the downside, Bajaj Finance led the losers with a 2.8% decline, closing at 853. Trent fell 1.4% to 5,368, and Hindustan Unilever dropped 1.4% to 2,484. Eternal declined 1.3% to 305.3, while HDFC Bank slipped 1.3% to 1,969.9. Nestle India was down 1.3% at 1,091.1, and Tata Consumer Products fell 1.1% to 1,047.7. Bajaj Auto lost 1.1%, closing at 8,186, followed by ICICI Bank down 1.1% to 1,421.4, and Bharat Electronics which decreased 1.0% to 380.3. Overall, while the market faced pressure on August 12, these top gainers and losers highlighted the mixed investor sentiment across key sectors. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Hero MotocorpMaruti SuzukiTech Mahindra Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
