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Business Standard
7 hours ago
- Business
- Business Standard
What Makes ISPL More Than Just a Game for Startups?
PNN New Delhi [India], August 18: Imagine this: a cricket match where your co-player isn't just another startup founder but a potential investor. Instead of stiff boardrooms and rehearsed pitches, you're running between wickets, exchanging real stories, and building relationships that go beyond one-time funding talks. That's exactly what the Indian Startup Premier League (ISPL) is about: a fresh, human-first approach to startup pitching and networking, presented by BranchX - An AI-first neobanking platform focuses on the retail sector in India. ISPL brings together India's thriving startup community through two things we all love, game-changing ideas and the good old game of cricket. But this is more than just a fun break from traditional startup events. Let's dive into what makes ISPL a one-of-a-kind initiative, who it's for, and how it's setting a new standard for startup engagement. What is ISPL and Why Does it Matter? ISPL is India's first-ever sports-led startup networking and pitching platform. Built on the philosophy that the best deals happen when people are relaxed, open, and authentic, ISPL removes the tension from the typical fundraising process. Gone are the formal introductions and elevator pitches under pressure. At ISPL, startups and investors meet on the cricket field, compete as teammates or opponents, and build real bonds, the kind that can translate into investments, partnerships, and long-term collaboration. The goal? Democratize access to funding, open up real conversations, and break down the walls between founders and funders, quite literally, by stepping outside the boardroom. 1. Pitching in Sneakers, Not Suits At ISPL, startup founders pitch to top Indian investors, including angels and venture capitalists, in a relaxed and interactive environment. This approach reduces intimidation and power dynamics, allowing founders to share their stories and visions while gaining real-time insights into investor expectations. 2. Real Networking, Not Just Exchange of Cards We've all been to events where we exchange 20 business cards, but only one leads to a real follow-up. ISPL flips this model. With curated, full-day networking, you don't just meet people; you spend time with them. There are structured pitch sessions, casual breakout zones, food breaks, and cricket games that allow people to talk openly, not just about business, but about life, ambitions, and ideas. 3. Inclusivity Isn't an Option; It's Built In Every team at ISPL must have at least one woman. This isn't a token rule. It's a strong stand for inclusion. The startup ecosystem in India and globally has often been criticized for being male-dominated. ISPL is actively working to change that. By creating teams that are diverse and inclusive, the platform ensures that female founders & investors are equally represented in funding and visibility opportunities. 4. Big Names, Real Access The list of attendees and supporters for ISPL is impressive. Chief Guest - Mr. Manan Shah, MD--Man Infraconstruction Ltd Key Guest 1. Rakesh Kothari, Business head (Ching's), Tata Consumer Shri Ajay Thakur, Ex-BSE SME & Startup Head. This platform is backed by veterans who believe in a more open and engaging startup ecosystem. Even the investment side is stacked with top names, from Inflection point Ventures, 247vc, Pentathlon VC, Entie Angels, and many more. 5. Startups That Get Seen At the Ahmedabad edition, many startups pitched, many made live investor presentations, and from angel investors to venture capitalists, everyone committed time to listening and mentoring. And now, with the Mumbai Edition set for October 4, 2025 at Gallant turf, JVPD, things are getting even bigger. The event will be covered by more than 100 media houses, and the expected combined reach is over 30 million viewers, giving startups a spotlight they can rarely access on their own. 6. Founders Behind the Vision Every great initiative starts with a great team. ISPL is led by Devansh Lakhani, founder of Lakhani Financial Services, one of India's top fundraising advisors for startups. Merchandise partners--Sackberry Media and Tusk Oral Care. Hydration Partner - No filter fruit juice Energy partner - O'cean beverages Along with Devansh, the leadership team includes Ishita Shah, Bhargav Prajapati & Harshal Patel, each bringing heart and hustle to this fast-growing format. Conclusion If you're a startup founder tired of one-way pitches and dead-end cold emails, or an investor looking to back not just great ideas but great people, ISPL is where you need to be. Because when you step onto the field with like-minded people, something special happens. Walls fall, minds open, and the next big move begins, sometimes with a pitch, sometimes with a six.
News18
8 hours ago
- Business
- News18
What Makes ISPL More Than Just a Game for Startups?
PNNNew Delhi [India], August 18: Imagine this: a cricket match where your co-player isn't just another startup founder but a potential investor. Instead of stiff boardrooms and rehearsed pitches, you're running between wickets, exchanging real stories, and building relationships that go beyond one-time funding talks. That's exactly what the Indian Startup Premier League (ISPL) is about: a fresh, human-first approach to startup pitching and networking, presented by BranchX – An AI-first neobanking platform focuses on the retail sector in brings together India's thriving startup community through two things we all love, game-changing ideas and the good old game of cricket. But this is more than just a fun break from traditional startup events. Let's dive into what makes ISPL a one-of-a-kind initiative, who it's for, and how it's setting a new standard for startup is ISPL and Why Does it Matter?ISPL is India's first-ever sports-led startup networking and pitching platform. Built on the philosophy that the best deals happen when people are relaxed, open, and authentic, ISPL removes the tension from the typical fundraising are the formal introductions and elevator pitches under pressure. At ISPL, startups and investors meet on the cricket field, compete as teammates or opponents, and build real bonds, the kind that can translate into investments, partnerships, and long-term goal? Democratize access to funding, open up real conversations, and break down the walls between founders and funders, quite literally, by stepping outside the boardroom.1. Pitching in Sneakers, Not SuitsAt ISPL, startup founders pitch to top Indian investors, including angels and venture capitalists, in a relaxed and interactive environment. This approach reduces intimidation and power dynamics, allowing founders to share their stories and visions while gaining real-time insights into investor expectations.2. Real Networking, Not Just Exchange of CardsWe've all been to events where we exchange 20 business cards, but only one leads to a real follow-up. ISPL flips this model. With curated, full-day networking, you don't just meet people; you spend time with are structured pitch sessions, casual breakout zones, food breaks, and cricket games that allow people to talk openly, not just about business, but about life, ambitions, and ideas.3. Inclusivity Isn't an Option; It's Built InEvery team at ISPL must have at least one woman. This isn't a token rule. It's a strong stand for inclusion. The startup ecosystem in India and globally has often been criticized for being is actively working to change that. By creating teams that are diverse and inclusive, the platform ensures that female founders & investors are equally represented in funding and visibility opportunities.4. Big Names, Real AccessThe list of attendees and supporters for ISPL is Guest – Mr. Manan Shah, MD–Man Infraconstruction LtdKey Guest1. Rakesh Kothari, Business head (Ching's), Tata ConsumerShri Ajay Thakur, Ex-BSE SME & Startup platform is backed by veterans who believe in a more open and engaging startup the investment side is stacked with top names, from Inflection point Ventures, 247vc, Pentathlon VC, Entie Angels, and many more.5. Startups That Get SeenAt the Ahmedabad edition, many startups pitched, many made live investor presentations, and from angel investors to venture capitalists, everyone committed time to listening and now, with the Mumbai Edition set for October 4, 2025 at Gallant turf, JVPD, things are getting even bigger. The event will be covered by more than 100 media houses, and the expected combined reach is over 30 million viewers, giving startups a spotlight they can rarely access on their own.6. Founders Behind the VisionEvery great initiative starts with a great team. ISPL is led by Devansh Lakhani, founder of Lakhani Financial Services, one of India's top fundraising advisors for partners–Sackberry Media and Tusk Oral Partner – No filter fruit juiceEnergy partner – O'cean beveragesAlong with Devansh, the leadership team includes Ishita Shah, Bhargav Prajapati &Harshal Patel, each bringing heart and hustle to this fast-growing you're a startup founder tired of one-way pitches and dead-end cold emails, or an investor looking to back not just great ideas but great people, ISPL is where you need to when you step onto the field with like-minded people, something special happens. Walls fall, minds open, and the next big move begins, sometimes with a pitch, sometimes with a six.(ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same)
Business Standard
4 days ago
- Business
- Business Standard
Man Infra slides after Q1 PAT drops 28% YoY to Rs 56 cr
Man Infraconstruction declined 3.55% to Rs 156.35 after the company reported a 28.3% fall in consolidated net profit to Rs 55.57 crore on a 46.5% drop in revenue from operations to Rs 182.90 crore in Q1 FY26 over Q1 FY25. Profit before tax stood at Rs 79.95 crore in the June 2025 quarter, registering a decline of 29.4% on a YoY basis. EBITDA (excluding other income) tanked 51.38% to Rs 40.6 crore in Q1 FY26 from Rs 83.5 crore in Q1 FY25. EBITDA margin reduced to 22.2% in Q1 FY26 as against 36.2% in Q1 FY25. Total expenses fell 44.02% to Rs 147.75 crore during the quarter from Rs 263.91 crore in Q1 FY25. Construction materials and equipment costs stood at Rs 57.40 crore (up 2.19% YoY), while employee benefits expenses were Rs 18.08 crore (down 7.9% YoY) during the period under review. On the segmental front, real estate revenue was Rs 81.44 crore (down 64.05% YoY) and EPC revenue was Rs 102.24 crore (down 11.49% YoY). Collections remained steady at Rs 234 crore, supported by timely execution of ongoing projects. Manan Shah, managing director of Man Infraconstruction, said, "With sales momentum continuing in Q1FY26 supported by steady collections and timely execution, MICL continues to build on its operational performance. Our strengthened liquidity position of around Rs 800 crore positions us well to capitalize on strategic opportunities, particularly in acquiring premium projects across Mumbai's sought-after micro-markets. This aligns well with our vision to expand our portfolio while maintaining a strong balance sheet and delivering long-term value to our stakeholders." Man Infraconstruction has two business verticals, viz., EPC (engineering, procurement, and construction) and real estate development. ManInfra has five decades of experience in the EPC business and strong execution capabilities in ports, residential, commercial & industrial, and road construction segments with projects spanning across India. As a real estate developer, ManInfra Group has delivered multiple residential projects in Mumbai and is recognized for its superior quality construction and timely project delivery.
Mint
20-05-2025
- Business
- Mint
Man Infraconstruction Q4 results: Net profit rises 50% to ₹97.15 crore, announces ₹0.45 interim dividend
Man Infraconstruction, on Tuesday, announced its financial results for the quarter ended on March 31, 2025. The construction company posted 50 per cent year-on-year (YoY) jump in net profit to ₹ 97.15 crore in the fourth quarter FY25 as compared to ₹ 64.65 crore same period a year ago. Revenue from operation rose marginally to ₹ 294 crore in March quarter 2025. However, sequentially revenue saw a significant rise by 21 per cent from ₹ 242 crore. The construction company further declared its first interim dividend of ₹ 0.45 per share. 'Declared First Interim Dividend of Rs. 0.45 per equity share (i.e. 22.5%) on 37,52,89,565 Equity Shares having Face Value of Rs. 2/- each, for the Financial Year 2025-26,' the company said in an exchange filing. The company achieved total sales of ₹ 2,251 crore in FY25, marking a threefold jump compared to FY24 sales of ₹ 744 crore. Q4 FY25 alone contributed ₹ 743 crore, reflecting a 90 per cent year-on-year growth, it said. Collections increased to ₹ 1,270 crores for FY25, up from ₹ 1,197 crores in FY24 driven by the delivery of multiple projects during the year and strong execution capabilities across ongoing developments. 'FY25 was a record-breaking year for MICL, achieving ₹ 2,250 crore in sales reflecting market's strong trust in our projects. Backed by a strong pipeline of upcoming launches, EPC projects and global expansion, we are well positioned for sustained growth and committed to deliver excellence and value to our stakeholders,' said Manan Shah, Managing Director of Man Infraconstruction Limited. MICL Group launched 2 new projects in Q4FY25, with a combined revenue potential of ₹ 1,600 crore. These projects have already generated around ₹ 700 crore in sales within a short span since their launch. The company plans to launch multiple new projects of around 7.4 lakh sq. ft. of carpet area in FY26, with an estimated sales potential of ₹ 3,400 crores. 'These upcoming launches are located in some of Mumbai's most sought-after micro markets - Marine Lines, BKC and Pali Hill (Bandra W) which are expected to drive sales visibility and further enhance MICL's market's presence,' the company said.
Hindustan Times
05-05-2025
- Entertainment
- Hindustan Times
Aamir Khan's housing society will have luxury apartments priced above ₹1 lakh per sq ft post redevelopment
Man Infraconstruction Limited (MICL), a listed real estate developer, plans to launch an ultra-luxury project with luxury apartments priced at above ₹1 lakh per sq ft in Mumbai's upscale Pali Hill locality of Bandra by December 2025. The luxury project will be developed as part of the redevelopment of the Virgo Cooperative Housing Society, where Bollywood actor Aamir Khan owns multiple apartments. Aamir Khan, who is in the news for his poster of Sitaare Zameen Par, a spiritual sequel to his critically acclaimed Taare Zameen Par (2007), owns approximately 12 apartments in his building, which is expected to undergo redevelopment by the end of 2025. Aamir Khan will receive a new set of units as the building undergoes redevelopment. The project will be developed as part of the redevelopment of the Virgo Cooperative Housing Society. Also Read: Sitaare Zameen Par poster: Aamir Khan teases story about special people and fans are 'ready to sob'; film out next month The housing society is being redeveloped by Atmosphere Realty- a joint venture between three real estate companies – Wadhwa Group, MICL and Chandak Group. Also Read: Aamir Khan's housing society redevelopment: MICL plans to launch a luxury project in Mumbai's Pali Hill by December 2025 In December 2023, the MICL announced it would undertake the project redevelopment through one of its associate entities, which holds a 34% stake. "The project is currently under the approval stage, and we, along with our partners, are working on the documentation with the society. The target now is to launch the project in December 2025, Manan Shah, Managing Director of MICL, told in April 2025. According to Manan Shah, Managing Director of MICL, the luxury apartments in their Pali Hill redevelopment project (which includes the redevelopment of Aamir Khan's housing complex) are expected to be priced above ₹1 lakh per sq ft. Also Read: Mumbai real estate: 5 Bollywood stars who have invested nearly ₹80 crore in properties in Bandra According to Manan Shah, while overall sales have been strong for their company, there is noticeable sluggishness in the ultra-luxury segment of Mumbai's real estate market. 'Sales have been very good for us overall. However, there is some slowdown in the segment priced above ₹1 lakh per sq ft. Any product priced at ₹30 crore or more is witnessing slower movement,' Shah said.
