by Bess | Nov 30, 2022
Zetwerk Manufacturing, the global source of manufacturing across industrial and consumer products, today announced it has acquired Unimacts, a leading manufacturing services company operating within various industries including industrial products, material handling, and renewable energy segments.
Zetwerk’s acquisition of Unimacts will position the company for additional expansion and diversification, providing immediate access to marquee solar and wind-power customers. Additionally, Zetwerk will gain access to the large-scale consolidated demand Unimacts has generated thus far, which will be serviced by the company’s massive global supply base. Similarly, the company will benefit from Unimacts’ notable industry expertise in renewable energy manufacturing and an endless supply of highly specified mechanical products, logistics support, design for manufacturing, inventory management, and near-customer warehousing.
The executive team at Unimacts, including Matthew Arnold, CEO, Andrew Woglom, CFO, and Alan Hays, COO, along with the team at Unimacts, will be joining Zetwerk, bringing the global employee count to 1,900.
For Unimacts, this acquisition will equip the company with the necessary capital to scale up its presence in the U.S., Europe and Mexico, along with access to a strong off-shore footprint in India and Vietnam. Overall, Unimacts’ customer relations, supply partners and business operations will remain unaffected.
“Unimacts’ offerings in the U.S., Europe and Mexico markets complement our existing portfolio and vision of being a global leader in the manufacturing space,” said Amrit Acharya, Co-founder and CEO of Zetwerk. “This acquisition will immediately expand our presence in North America and position Zetwerk for additional expansion in the coming months. We are excited to usher in a new era of intelligent manufacturing for our customers, partners, and our planet.”
“Over the last decade, we have been working to scale our global supply chain and contract manufacturing businesses to better serve customers throughout North America and Western Europe,” said Matthew Arnold, CEO of Unimacts. “Partnering with Zetwerk will allow us to accelerate our growth and global reach and provide more comprehensive solutions to our customers. With the recent $1.2 Trillion infrastructure bill and Inflation Reduction Act, the renewable energy sectors of solar and wind in the US are poised for significant growth. These have been the primary end markets for Unimacts over the last five years and we are excited to pursue significant growth in these markets with our new partners. We strongly believe that joining the Zetwerk family will translate into broader offerings for customers in the U.S. and around the world, increase growth opportunities for employees and facilitate new business opportunities for our suppliers”.
Zetwerk’s 2021-2022 financial results showcased strong growth across categories. The company’s gross merchandise value grew six-fold, to $770 Million from $130 Million, and the operating revenue expanded to $670 Million from $110 Million in 2020-2021. The company is on track to do well over $1 billion of revenue in the current fiscal year.
“With this acquisition and expansion in North America, Zetwerk is well positioned to help even more businesses create self-reliant supply chains in renewable energy and infrastructure,” said Vaibhav Agrawal, Partner at Lightspeed Venture Partners and Zetwerk Board Member.“Gleaned through deep manufacturing and internet experiences, Zetwerk co-founders have built an intelligent platform for customers to maximize manufacturing capacity, reliability and scope at the click of a button. This is why Fortune 500 enterprises are expanding their purchase volumes, securing orders from Zetwerk 3-5 years in advance.”
Zetwerk has more than 2000 customers across North America, Asia-Pacific and the Middle East, and a network of more than 10,000 manufacturing partners worldwide.
For more information about Zetwerk, please visit zetwerk.com.
About Zetwerk
Zetwerk Manufacturing is the global source of manufacturing across industrial and consumer products. It helps various brands transform digital designs into physical manifestations. Zetwerk offers manufacturing solutions across a diverse range of products, from simple and complex products to industrial and consumer use cases, for small businesses and Fortune 500 companies. Zetwerk’s industry-leading global manufacturing capabilities ensure products are manufactured faster, at competitive prices, and utilizing best-in-class materials. Zetwerk offers a broad range of services, including metal fabrication, CNC machining, aluminium die casting, 3D printing and plastic injection molding. Zetwerk uses domain-specialized teams and a suite of software across its suppliers and customers — matching, production & project management, quality, pricing and logistics to make manufacturing predictable, transparent, and reliable. The Zetwerk team consists of the world’s leading engineers and innovators dedicated to future-proofing the creation of an undisrupted supply chain. For more information, please visit https://www.zetwerk.com/.
About Unimacts
Unimacts is a leading global contract manufacturing and supply chain solutions company with focus on renewable energy, as well as construction equipment and industrial products. Unimacts has developed asset-light sourcing solutions to supply highly specified mechanical products and provide complementary logistics support, design for manufacturing, inventory management, and near-customer warehousing. It is involved in the supply of solar tracker components (torque tubes, solar piles, drives, etc.), wind turbine components (fabrications, castings, fiber-reinforced plastics, etc.), and other industrial products (electro-mechanical assemblies, castings, fabrications, etc.). For more information, please visit https://www.unimacts.com/
Media Enquiry:
Devleena De MSL devleena.de@mslgroup.com
Vaneet Singh Sethi, Zetwerk vaneet.singh@zetwerk.com
by Bess | Jul 11, 2017
Cuemath reaches a key milestone with 20K students
Continues to impart world class math learning program to teach math as a life skill
Bangalore, India – July 11, 2017:
Cuemath, India’s leading home-based, after-school learning program for mathematics touches 20,000 students and 2500 centers across 80 cities.
“This is an important milestone for us and it’s only the beginning,” said Manan Khurma, Cuemath’s founder, and CEO. “Our vision is to create thinkers and problem solvers of tomorrow. We believe this can be achieved through a robust foundation in mathematics by helping children learn mathematics the right way. We’re built on the idea that math is a life skill and therefore we want children to be math literate, not just learn math for an exam. Our curriculum has been thought through and designed keeping this in mind with a strong focus on mental aptitude and creative reasoning, along with school curriculum, helping them become better problem solvers.”
Learning Math can be difficult for most kids, mainly because of the traditional ways of teaching the subject which encourages kids to rote learn formulae. Cuemath addresses just thisthrough its personalized program that is learning based on discovery and by doing. Every Cuemath Center has only 6 to 8 students in a batch. This self-paced program also helps students assimilate concepts at their own pace, making them confident in the subject, one session at a time.
Cuemath Teacher Partners, the teachers who facilitate the Cuemath program, are handpicked from a vast pool of highly qualified and educated women who undergo several rounds of training before they start their centres from their homes. These teachers become facilitators of the math curriculum built by Cuemath and receive continued training even after they become certified Cuemath teachers. Each Cuemath session is about 60-minutes and is designed in a way, to help children on specific topics of school math which is taught through Cuemath workbooks, mental aptitude through gamification and tablets, and creative reasoning through puzzle cards.
While Cuemath facilitates learning offline, at the homes of the Cuemath Teacher Partners, parents can get regular and continuous updates about their child’s progress in real time through Cueparent, the Cuemath app for parents. Teachers can monitor progress and customize the program using Cueteacher, the Cuemath app for teachers. Cuemath’s holistic learning system is self-paced, and is standardized to give children the same learning experience irrespective of the center they join into.
About Cuemath
Founded in 2013, Cuemath is a home-based after-school, multi-format math learning program that brings together the best of technology and personal teaching. Through a unique curriculum and dedicated teachers across India, Cuemath is imparting conceptual understanding and analytical thinking of the subject with an aim to teach math as a life skill. Cuemath had earlier raised $4.1 million in its Series A round of funding from Sequoia India in February 2015. Their seed funding was raised in 2014 from Unitus Seed Fund and Alok Mittal, a well-known early-stage investor. Earlier this year, Cuemath raised $15 million in its Series B round of funding from CapitalG (formerly known as Google Capital) and Sequoia India.
by Bess | Jun 24, 2017
One Nation One TAX- Videocon and ASSOCHAM organized a GST Summit for traders. The summit is headed by Chief Guest Shri. R.V. Deshpande, Honourable Minister for Large and Medium Scale Industries, Department of Commerce & Industries,Government of Karnataka. Shri. Narayan Swamy, Commissioner – Service Tax, Bengaluru also gave his valuable thoughts.
Videocon is spreading awareness & knowledge about GST in 200 cities, The national rollout of the ASSOCHAM-Videocon GST Summit went well in bengaluru wtih overflowing crowd. Lot of traders got decent knowledge on GST during this summit and lot of trade doubts were cleared.
Shri. R.V. Deshpande, Honourable Minister for Large and Medium Scale Industries, Department of Commerce and Industries, Government of Karnataka said, “At the outset, I deem it is my privilege to be a part of this important event being organised by ASSOCHAM, and Videocon for the awareness on the GST, and appreciate this initiative to address the queries of the Retailers and Traders of Consumer Electronics & Appliances. I am glad that GST, at last is seeing the light of the day. I was pretty sure in 2006 itself when then-Finance Minister P Chidambaram announced in his Union Budget speech that India would introduce GST by 1st April 2010. I was always sure that GST would be inevitable and will free India from the shackles of archaic indirect tax laws. It is envisaged to pave way for the ‘One Nation One point single Tax’ system. Overall, GST will strengthen the positioning of organised players in market and lend fillip to growth.”
Speaking about the initiative, Mr. Vishal Sharan, Sales Head, Videocon, said, “We are committed to welcome GST and bring everyone in the consumer electronics industry within its ambit. The objective behind organizing this summit was to equip our trade partners in Bengaluru with complete knowledge of GST and prepare them for its implementation. Videocon has always taken initiatives to ensure the welfare and growth of the industry.”
Being a responsible corporate house, Videocon is committed to serve the industry and all its stakeholders. The company recently launched a digital helpline for retailers, GST@vgmail.in, where consumer electronics retailers can email their queries with regards to GST. Videocon will endeavor to respond with the help of experts within 48 working hours.
GST Summit received a tremendous response from traders in Bengaluru. Around 600 Consumer Electronics retailers attended the event who utilized the platform to clarify all their GST queries.
by Bess | May 26, 2017
Revolutionizing Genomics for Personalized Cancer Care
Envisioned to define the future of cancer care in India, Healthcare Global Enterprises Ltd. – The Specialist in Cancer Care today inaugurated the Triesta Genomics and Translational Research Center. It is a state-of-the-art Genomics Center offering comprehensive diagnosis by leveraging the latest and innovative technologies like Next-Generation Sequencing to all patients.
Triesta Genomics and Translational Research Center will support an emerging medical discipline called Genomic Medicine that involves usage of genomic data of patients for better diagnosis. These will help in making therapeutic decisions more effective and help improve health outcomes for patients.
With the largest patient base in private cancer care, HCG – Triesta Genomics and Translational Research Center stands on a strong foundation based on their access to the availability of well-annotated tissue biorepository, clinical data along with a strong clinical excellence of oncologists and scientists. The aim is to aid oncologists in their relentless pursuit to deliver personalized medicine using the genetic data of patients for better diagnosis at the very first time and achieve overall improved health outcomes.
Speaking at the launch, Dr. B.S. Ajaikumar – Chairman and CEO – HCG Enterprises Ltd. said, “Cancer cases in India are on the rise and the goal is to offer affordable as well as right cancer care to all. We have seen instances where 48 percent of patients do not respond to certain drugs due to their genetic makeup. However, by conducting genetic analysis and radiation genomics followed by ‘Precision medicine’ or ‘Personalized Medicine’, we were able to come up with an innovative approach to prevent or manage the disease and design the course of treatment with the best outcomes. With the launch of “Triesta Genomics and Translational Research”, at the Center of Excellence in Bangalore, HCG aims to implement an individualized predictive treatment model that will revolutionize cancer treatment, make it accessible for all patients to focus on improved outcomes, reduce cost and ultimately follow the HCG way of treating cancer: the right way, the first time.”
Also present at the conference, Dr. Mithua Ghosh, Director and Head – of Triesta Genomics and Translational Research Center said, “Understanding the genetic signature or profile of the cancer helps oncologists penetrate the root level cause of the disease at the molecular and genetic level. The application of next-generation advanced technologies has set its foot strongly in diagnostics and understanding the molecular landscape of cancer, which, in turn, has facilitated the development of diagnostic, prognostic and predictive biomarkers for clinical oncology. With HCG’s Genetic Counselling center and preventive oncology clinic, we have expanded the collaborative role in patient care to support the patients and their family members. Along with this, and the constant addition of new technologies like Liquid Biopsy, our center is also well-equipped to cater to the research and development needs of Biotech, Pharma, and the CRO sector.”
The center has also partnered with Strand Life Sciences for clinical informatics. The wealth of data emerging from cancer genome studies will be integrated with patients’ medical histories and clinical data using predictive and big data analytics. This “Genomics Data Bank” can lead to a better understanding of Indian population genetics and help develop more tailored approaches to predict treatment response in patients.
Dr. Intezar Mehdi – Consultant – Pediatric Oncology, Hematology and BMT and Dr. Vijay Agarwal – Consultant – Medical Oncology said, “Having a molecular along with a clinical genomics laboratory and the right expertise adds up to a lot of value. There is a seamless interaction between the clinicians, molecular pathologists, geneticists, which enables us not only to adopt the comprehensive multidisciplinary diagnostic approach to treat cancer, but it also gives us an opportunity to answer our research by accessing the latest and innovative technologies.”
With this launch, HCG has revolutionized cancer treatment, making it accessible for all patients to focus on improved outcomes.
About HCG Enterprises Ltd:
Healthcare Global Enterprises Ltd. (HCG), headquartered in Bangalore, is the largest provider of cancer care in India. Through its network of 19 comprehensive cancer centers spread across India, HCG has brought advanced cancer care to the doorstep of millions of people. HCG’s comprehensive cancer centers provide expertise and the latest technologies in diagnosis and treatment of cancer under one roof. HCG has pioneered the introduction and adoption of several technologies in the country including stereotactic radiosurgery, robotic radiosurgery and now using genomics for personalized treatment of cancer.
The Triesta Genomics and Translational Research:
The Triesta Genomics and Translational Research, a unit of Healthcare Global Enterprises Ltd. (HCG) is the one point, state-of-the-art solution for Cancer Diagnostics, Genomics (Next-Generation Sequencing based diagnostics), Biomarker and Translational Research, Laboratory services and Clinical Research Services. Based out of Bangalore, Triesta Sciences is an integration of Laboratory services, Research and Development, Biorepository, and Clinical Research with a focus on innovation, quality and accuracy for better diagnosis and prognosis of Cancer.
by Bess | Apr 23, 2017
Fertility Clinic announces launch of its fourth unit in India at Kormangala, Bengaluru
Incidence of Infertility is on the rise, latest studies show that 10% of the entire population is suffering
from varying degree of Infertility and find it difficult to have a baby naturally and seek some kind of help
for the same.
Launch Video
According to Dr.Samit Sekhar, Executive Director at the Kiran Infertility centre(KIC)-“Reasons for
infertility can be attributed to both male and female partner,however in the last decade or so abnormal
increase in Pollution, radiation,pesticides in food and water and life style related issues such as
smoking,excessive alcohol consumption, obesity, Stress,late marriages and abnormal working hours have
all led to a dramatic increase in the incidence of Infertility”.
“Bengaluru being a leading IT hub has a lot of Young couples working in the IT industry and exposed to
radiation,abnormal working hours,stress,Irregular diet and lack off exercise, all this has led to young
married couples facing difficulty in conception”-according to Dr.Phani Madhuri- Medical Director at KIC
and has been one of the major reasons for the launch of Kiran Infertility centre’s Fourth Unit In India
after Hyderabad and Gurgaon.
“KIC will Have state of the ART facilities at it’s Bengaluru unit and will provide all fertility services
ranging from basic to the highly advanced like IUI/IVF/ICSI/ gamete donation/Assisted
Hatching/PGS/OOCYTE & Embryo Vitrification and Surrogacy to cater to the varying degrees of
Infertility all under one roof”.states.Dr.Vishnukanth Deene- CEO and chief Embryologist at KIC Bengaluru.
Patients who conceive after Assisted Reproduction at KIC will continue their Ante natal Care under
highly experienced Obstetrician and Gynaecologist-Dr.Suguna Reddy. There is a chance of early
miscarriage during the first trimester in such cases and hence it is important to provide adequate support
and take preventive measures in such cases according to Dr.Suguna.
KIC Bengaluru is located at 80 Feet Road-koramangala.
www.kicbengaluru.com
email-info@kicbengaluru.com
Phone-080-64551333
