Latest news with #VinayBansal
Fibre2Fashion
5 days ago
- Business
- Fibre2Fashion
Iconic footwear brand Birkenstock opens three new stores in Mumbai
BIRKENSTOCK, the iconic German lifestyle brand with a legacy of over 250 years in shoemaking craftsmanship, continues to expand its footprint in India with a focused investment in Mumbai. Reinforcing its presence in one of the country's most style-conscious and dynamic markets, the brand announces the launch of three new stores—at Phoenix Palladium, Phoenix Marketcity, and Sky City Mall, Borivali — bringing its total retail presence in the city to eight stores. Mumbai has consistently emerged as a high-potential market for BIRKENSTOCK, reflecting a growing consumer preference for high-quality, comfort-driven fashion. The city is also home to the brand's first flagship store in India, which launched in 2024 and set the tone for a strong retail strategy in the country. Birkenstock, the iconic German lifestyle brand, has expanded its Mumbai footprint with three new stores at Phoenix Palladium, Phoenix Marketcity, and Sky City Mall, bringing its total to eight in the city. Mumbai, home to its first Indian flagship store, remains a key market. The new outlets feature signature styles, seasonal collections, and the premium Birkenstock1774 line. The new stores reflect BIRKENSTOCK's global retail identity – clean, contemporary, and rooted in craftsmanship. Each outlet offers an immersive experience featuring the latest Spring/Summer collection, including iconic styles like ARIZONA, BOSTON, GIZEH, and MADRID, alongside seasonal highlights and new material innovations. The store at Phoenix Palladium also features the brand's most premium BIRKENSTOCK 1774 collection. In addition to the three new locations, BIRKENSTOCK is also present in Mumbai at Linking Road, R City Mall, Nexus Seawoods Mall, Infiniti Mall, and the International Departures Terminal at T2. This expansive network positions the brand to meet growing demand while offering easier accessibility to loyalists and first-time customers alike. 'From launching our flagship store in Mumbai to now operating across eight locations in the city, the journey has been extraordinary,' said Vinay Bansal, Managing Director, BIRKENSTOCK India . 'The momentum we're seeing in Mumbai reflects both the brand's universal appeal and the city's evolving retail landscape. We're excited to keep building on this foundation.' As BIRKENSTOCK continues its retail expansion in India, Mumbai remains a key market – one that blends fashion influence, consumer awareness, and aspirational lifestyles, making it a strategically significant region for the brand. Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged. Fibre2Fashion News Desk (RM)
&w=3840&q=100)
Business Standard
31-07-2025
- Business
- Business Standard
IPV launches $110 mn angel fund in GIFT City to tap global startup capital
Angel investment platform Inflection Point Ventures (IPV) on Thursday announced the launch of a $110 million Category I Angel Fund—IPV International—under the International Financial Services Centres Authority (IFSCA) framework at GIFT City. The fund will lead or participate in early-stage to pre-Series A funding rounds, with investment ticket sizes ranging from $100,000 to $1 million. The fund recorded its first close in April. First investment in Singapore's Cellivate Technologies IPV International has already made its maiden investment in Singapore-based deeptech startup Cellivate Technologies. The company is developing an ethical and scalable alternative to fetal bovine serum using magnetic stimulation, targeting applications across biotech, pharma, and adjacent sectors. 'A presence in GIFT City enables us to scale beyond national borders, engage with global startup ecosystems, and remain aligned with the rapidly shifting dynamics of the venture capital and private equity markets,' said Vinay Bansal, Founder and CEO of IPV. Bansal added that the fund has attracted significant interest not just from Indians and NRIs but also from non-Indian investors looking to enter India's booming startup ecosystem, with the GIFT City framework providing a favourable gateway. Backed by 50 successful exits, IPV aims to scale globally 'With a proven track record including 50 successful exits from a portfolio of over 220 startups, IPV is now set to leverage this experience and scale its platform to reach both national and international investors through IPV International,' said Mitesh Shah, Co-founder of IPV. In addition to IPV International, the firm has launched a $50 million Category II venture capital fund—Physis Capital—to back Pre-Series A to Series B growth-stage startups. The fund has so far invested in six startups, with several other deals in advanced stages. 'By leveraging the global access provided by the GIFT City platform, we're now well-positioned to invest in innovative ventures across international markets, enhancing both portfolio diversification and investor value,' said Ankur Mittal, Co-founder of IPV.
&w=3840&q=100)
Business Standard
18-06-2025
- Business
- Business Standard
Physis Capital raises ₹200 crore, eyes 15+ startup deals by mid-2025
Growth-stage venture fund Physis Capital on Wednesday announced that it has raised over ₹200 crore for its maiden fund. The fund, established by Vinay Bansal, Ankur Mittal, and Mitesh Shah of Inflection Point Ventures, plans to raise the remaining capital over the next six to nine months. The fund has attracted investors including SUD Life — a joint venture between Bank of India, Union Bank of India, and Japan's Dai-ichi Life Holdings. Other notable backers include Narayana Nethralaya, a NABH-accredited eye care institution in Bengaluru, and family offices such as Haldiram's and Lotus Holdings. Physis Capital plans to build a portfolio of over 15 companies by the first half of next year and aims to invest in high-impact, tech-driven startups in the pre-Series A to Series B stages. So far, the firm has eight deals in the pipeline and is preparing to issue term sheets for at least four of them in the coming months. These investments are expected to close within the next two quarters. The pipeline spans diverse sectors, including health-tech, fintech, consumer brands, and quick commerce, the company said in a statement. The cheque sizes for these companies will range between $1 million and $1.5 million, with a potential top-up of up to $4 million in high-performing portfolio startups. The firm has invested in three companies to date — Ben & Gaws, CTPL, and STAGE. Its most recent investment was in STAGE, a hyperlocal OTT platform creating content in Indian dialects such as Haryanvi, Rajasthani, and Bhojpuri. Vinay Bansal, general partner at the firm, said: 'With strong support from marquee investors and a clear focus on founder-first investing, Physis Capital is well-positioned to back the next wave of high-impact startups in India — partnering with bold, ambitious teams to drive long-term, sustainable growth. We are on track to build a portfolio of 15+ companies by the first half of next year.'
Entrepreneur
18-06-2025
- Business
- Entrepreneur
Physis Capital Secures Over INR 200 Cr to Back High-Impact Startups
You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Physis Capital, the growth-stage venture fund launched by Vinay Bansal, Ankur Mittal, and Mitesh Shah—the founding team of Inflection Point Ventures—has raised over INR 200 crore from marquee institutional investors and family offices, including SUD Life, Haldiram's Family Office, Lotus Holdings, and Narayana Nethralaya. The final close of the fund is expected in the next six to nine months. The fund aims to invest in 15–20 high-impact, tech-driven startups across Pre-Series A to Series B rounds. Physis Capital will deploy initial cheques of USD 1–1.5 million and reserve follow-on investments of USD 1–4 million in high-performing portfolio companies. So far, it has already backed three ventures—Ben & Gaws, CTPL, and STAGE. "With strong support from marquee investors and a clear focus on founder-first investing, Physis Capital is well-positioned to back the next wave of high-impact startups in India," said Vinay Bansal, General Partner, Physis Capital. "We are currently evaluating 8 deals and expect to issue term sheets for 3–4 of them in the coming months, with sectors spanning healthtech, fintech, consumer brands, and quick commerce." The investor base includes notable names such as SUD Life—a JV between Bank of India, Union Bank, and Japan's Dai-ichi Life Holdings—and sector leaders like Narayana Nethralaya, along with influential family offices like Haldiram's and Lotus Holdings. These LPs bring not only capital but also strategic insights and domain expertise. "Our LPs add immense value beyond funding," added Ankur Mittal, General Partner. "Their operational depth and industry networks enhance our investment strategy and help scale our portfolio companies faster." Physis Capital benefits from its leadership's extensive experience: Bansal with over two decades in retail and consumer brands, Mittal's financial acumen from global investment banking, and Mitesh Shah's operational expertise from Ola and BookMyShow. Together, they aim to build a concentrated, high-conviction portfolio that supports India's next generation of category-defining startups.
Zawya
27-02-2025
- Business
- Zawya
Global industry leaders converge at CXO Verse to discuss the future of AI driven finance
Dubai, UAE: The CXO Verse annual 'Rejuvenate Series' brought together some of the most esteemed CXOs from diverse industries for a transformative Three-day residential conference. Set against a backdrop of relaxed and informal environs, the event provided an unparalleled platform for networking, brainstorming, and collaborative learning. Founded in 2013 by Vinay Bansal, CXO Verse (formerly CXO Genie) began as a trusted network of C-suite executives, solving leadership challenges in real-time. From its humble origins it has evolved into a global platform, empowering leaders to influence economies, drive innovation, and promote sustainability. The rebranding to CXO Verse during the event symbolized a shift towards an inclusive, global leadership ecosystem. Latika Arora, who leads CXO Verse APAC, reflected on the evolution of the platform, stating, 'CXO Verse is more than just a leadership network; it is a thriving ecosystem where C-suite executives come together to solve industry-defining challenges. This year's Rejuvenate Series highlighted our commitment to sustainability, AI-driven finance, and the future of leadership.' Dhawal Parvartikar, CXO Verse's Middle East Head, echoed this sentiment, adding, 'The insights shared at this year's event are a testament to the power of collaborative thought leadership. From 5th industrial revolution to global economic shifts, our discussions will shape the way businesses navigate the ever-evolving global landscape.' The event was further enriched by engaging discussions on AI-driven finance, with a focus on its latest adoption and benefits for the future of financial management. Over the past decade, CXO Verse has built a robust leadership platform with over 2000 members and a combined 15,000+ years of experience. The organization has successfully conducted 200+ global events, fostering collaboration and knowledge-sharing among CXOs from diverse industries. Vinay Bansal set the tone for 2025's business landscape by emphasizing the rising importance of sustainability-driven innovations, particularly in green mobility, quick commerce, and health technology. Pranjal Sharma provided thought-provoking insights into the next phase of technological evolution, aptly titled "The Next New – Navigating the Fifth Industrial Revolution," detailing its impact on leadership and decision-making. A significant highlight of the event was the panel discussion on sustainability and innovation, with Abhishek Gupta, Ramkumar Balasubramaniam and Ramadoss Tamil Selvan on the panel, moderated by Dhawal Parvatikar. The session underscored the evolving priorities of CFOs, who now balance growth, compliance, and innovation while integrating sustainability into financial frameworks. Another key takeaway was the shifting mindset of Gen Z, who are increasingly value-driven and sustainability-conscious, moving away from traditional brand loyalty. On the other hand, Lisa Ray's session on "Resetting & Redefining Success" provided invaluable insights into redefining success by integrating wellness and longevity into professional growth. This was followed by Binod Shankar's inspiring discussion on value discovery emphasizing the alignment of beliefs, values, and goals for meaningful leadership. Kamal Shah's session on intergenerational perspectives encouraged leaders to find commonalities across generations and prioritizing early development for sustainable leadership growth. What made CXO Verse's 'Rejuvenate Series' truly special was the personal engagement. Unlike conventional conferences, many attendees participated with their families, creating an atmosphere of camaraderie that extended beyond professional networking. This unique aspect added warmth to the event, making it an experience that was not only intellectually stimulating but also deeply personal and enriching. As the 'Rejuvenate Series' continues to set new benchmarks, CXO Verse remains dedicated to empowering leaders with actionable strategies, global insights, and an unwavering commitment to sustainable leadership. With a focus on hosting bold, impactful events, creating sustainable, digital-first initiatives, and expanding global collaborations, CXO Verse is poised to redefine the future of leadership
