From selling puran poli on a bicycle to being offered seat at Shark Tank: Bhaskar’s Puranpoli Ghar’s story

Already in the grip of a severe cold spell, there's more bad news in the offing for <keyword id="90232" type="General" weightage="100" keywordseo="north-india" source="Orion">North India</keyword> as vast swathes of the region are likely to experience a drop in temperatures to a minimum of -4 degrees Celsius and a maximum of 2 degrees Celsius in the plains, according to a weather expert. According to a tweet by the weather expert, the icy, severe chill would be experienced between January 14 and 19 and is likely to be at its peak from January 16 to 18. Jammu and Kashmir, which has literally been snowed under in what has been an unforgiving winter, would have no respite from the cold spell with the mercury predicted to drop to a minimum of -6 degrees Celsius. <keyword id="6354953" type="General" weightage="80" keywordseo="punjab" source="Orion">Punjab</keyword>, Haryana, New Delhi, Rajasthan, Uttar Pradesh and Norther Madhya Pradesh will be in the grip of a severe cold wave over the week, with the minimum temperature hovering between 0 and 4 degrees Celsius. "Don't know how to put this up but upcoming spell of #Coldwave in #India look really extreme during 14-19th January 2023 with peak on 16-18th, Never seen temperature ensemble going this low in a prediction model so far in my career. <keyword id="788018" type="General" weightage="80" keywordseo="freezing" source="Orion">Freezing</keyword> -4°c to +2°c in plains, Wow!" the weather expert tweeted, tagging his post with a graphical representation of how the cold wave will play out in the northern plains over the week. While there has been a significant improvement in the fog situation in North <keyword id="3658" type="General" weightage="80" keywordseo="india" source="Orion">India</keyword> over the last few days, owing to strong winds blowing in because of a Western Disturbance, the relief, according to the Met expert, won't be for long as the chill and fog will be back soon. The fog situation has improved slightly Punjab, Haryana, Delhi, Rajasthan and West UP over the last few days. Visibility in Amritsar increased from 25 metres on January 11 to 450 metres on January 12. Similarly, in <keyword id="55151" type="General" weightage="50" keywordseo="bathinda" source="Orion">Bathinda</keyword>, the visibility improved from 0 to 200 metres on January 12. In Chandigarh, visibility rose to 400 metres from a low of 25 metres. In Hissar and <keyword id="6355151" type="General" weightage="80" keywordseo="ambala" source="Orion">Ambala</keyword>, visibility rose to as much as 1000 metres while in Palam and Safdarjung, in the national capital, the visibility improved to as high as 800 metres. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/science/news/lucknow-prepares-to-view-stone-age-green-comet-thatll-seen-end-of-january/articleshow/96927868.cms">Lucknow prepares to view Stone-age 'green comet' that'll seen end of January</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/from-selling-puran-poli-on-a-bicycle-to-being-offered-seat-at-shark-tank-bhaskars-puranpoli-ghars-story/slidelist/96924857.cms">From selling puran poli on a bicycle to being offered seat at Shark Tank: Bhaskar’s Puranpoli Ghar’s story</a>

North India headed for severe cold spell this week, temperature to hover between 0 to -4°C in plains: Met expert

<keyword id="4410318" type="General" weightage="100" keywordseo="sun-mobility" source="Orion">Sun Mobility</keyword>, an <keyword id="6357014" type="General" weightage="20" keywordseo="energy" source="Orion">energy</keyword> infrastructure and services provider for electric mobility, on Thursday said it aims to serve 10 lakh vehicles through its platform by 2025. The company unveiled its SwapX compact battery swapping station at the Auto Expo 2023 here, with an aim to enable individuals to become franchisees as it looks to accelerate expansion of network. Besides, Sun Mobility also showcased its next generation battery pack S2.1, which has a higher power battery offering 45 per cent more range and interoperability. "Our aim is to have one million vehicles on our platform," SUN Mobility co-founder and chairman <keyword id="248758" type="General" weightage="50" keywordseo="chetan-maini" source="Orion">Chetan Maini</keyword> said. The company, which offers battery swapping service to two- and three-wheelers and small four-wheelers, has already deployed over 240 stations in more than 18 cities in <keyword id="3658" type="General" weightage="20" keywordseo="india" source="Orion">India</keyword>. The SwapX and S2.1 smart batteries have been developed indigenously and in-house by SUN Mobility, <keyword id="7632" type="General" weightage="50" keywordseo="maini" source="Orion">Maini</keyword> said. "It helps us improve network density with S2.1 addressing range anxiety. Soon, users will have access to the new generation of battery packs and SwapX stations across India, he added. For franchisees, the SwapX station can be easily set up as it only requires a 15-amp socket and up to 6 square feet space, the company said. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/from-selling-puran-poli-on-a-bicycle-to-being-offered-seat-at-shark-tank-bhaskars-puranpoli-ghars-story/slidelist/96924857.cms">From selling puran poli on a bicycle to being offered seat at Shark Tank: Bhaskar’s Puranpoli Ghar’s story</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/auto/news/auto-expo-2023-upcoming-electric-cars-and-bikes-in-india-in-2023/slidelist/96929819.cms">Auto Expo 2023: Upcoming electric cars and bikes in India in 2023</a>

Sun Mobility aims to serve 10 lakh vehicles through its battery swapping platform by 2025

Preparations are afoot for a <keyword id="1261784" type="General" weightage="20" keywordseo="green-comet" source="Orion">green comet</keyword> which was last seen during the Stone Age about 50,000 years ago and will be seen once again at the end of this month. The best part of this <keyword id="71219" type="General" weightage="20" keywordseo="celestial-show" source="Orion">celestial show</keyword> is that the <keyword id="158876" type="General" weightage="20" keywordseo="comet" source="Orion">comet</keyword> will be visible to the naked eye. The comet, named C/2022 E3 (ZTF), will light up the sky in the last week of January or early February. To have a better and clearer look, officials at the <keyword id="591591" type="General" weightage="20" keywordseo="indira-gandhi-planetarium" source="Orion">Indira Gandhi Planetarium</keyword> are preparing to support the enthusiasts by providing them binoculars and a telescope to witness the cosmic show if bad weather does not hamper the view. According to astronomers, the best time to view the comet will be during the dawn in the northeast direction. "Comets are cosmic snowballs of frozen gases, rock, and dust that look like a bright star with a tail, moving around the sun as planets do. Comet C/2022 E3 (ZTF) will be closest to the Earth's orbit in January last week and will continue to be visible for around a week till early February," said Sumit Srivastava, senior scientific officer, Indira Gandhi planetarium. Srivastava said the comet would be closest to the earth's orbit in January-end. "It is a very rare occurrence as it might take another 50,000 years for humans to witness it again. As the comet will move near earth, people will be able to spot it in the northeast direction." "For people who want to make sure that they see a comet all they need to know is that comets have a streaking tail of dust and energized particles, as well as the glowing green coma surrounding it. It will be the comet's tail that will be visible to the naked eye," Srivastava said. He said not just astronomers but every sky watcher was excited about the celestial show. "It will be visible across the globe. City residents will be able to see it if weather and air pollution does not pose a barrier," he said. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/from-selling-puran-poli-on-a-bicycle-to-being-offered-seat-at-shark-tank-bhaskars-puranpoli-ghars-story/slidelist/96924857.cms" style="">From selling puran poli on a bicycle to being offered seat at Shark Tank: Bhaskar’s Puranpoli Ghar’s story</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/this-shark-tank-india-s2-winner-bowls-judges-over-with-its-for-profit-approach-to-social-impact-haqdarshak/articleshow/96906954.cms" style="">This Shark Tank India S2 winner bowls judges over with its for-profit approach to social impact</a>

Lucknow prepares to view Stone-age 'green comet' that'll be seen end of January

<ul><li>Shares of <keyword id="13674456" type="General" weightage="20" keywordseo="Sah-Polymers" source="Orion">Sah Polymers</keyword> listed at ₹85 against the issue price of ₹65 per on the stock exchanges.</li><li>The IPO saw huge response from investors as it was subscribed 17.46 times on the last day of subscription.</li><li>The market capitalisation of the company stood at ₹219 crore as of 9:48 am, according to BSE data. </li></ul>Shares of Sah Polymers, a polymer manufacturer and packaging solutions provider based in Udaipur, made a strong debut on the stock exchanges. It listed at a premium of nearly 30.7% at ₹85 as against the issue price of ₹65 per share. The listing gains were double than market expectations as the grey market premium of the company’s stock was at ₹10 indicating 15% listing gains. <a href="https://www.businessinsider.in/stock-market/news/grey-market-premium-what-is-it-and-where-is-it-coming-from/articleshow/95454371.cms">GMP is the premium at which IPO shares are traded</a> in an unofficial market before they are listed on the stock exchanges. <keyword id="13674457" type="General" weightage="20" keywordseo="Sah-Polymers-ipo" source="Orion">Sah Polymers IPO</keyword> received huge demand from retail investors as this portion was subscribed by 39.78 times. The IPO was subscribed 2.4 times by qualified institutional buyers and 32.69 times by non-institutional investors. The market capitalisation of Sah Polymers currently stands at ₹219 crore, according to BSE data. The company has raised ₹66.3 crore through the public offer, and intends to use part of its net proceeds to establish a new facility. Once set up, it will double the company’s total production capacity to 7.92 billion tonnes per annum. The company is primarily engaged in manufacturing and selling of polypropylene (PP) and high density polyethylene (HDPE) bulk bags (or FIBC bags), woven sacks, and HDPE/PP woven fabrics. It currently has one manufacturing facility located at Udaipur, Rajasthan, with an installed production capacity of 3.96 million tonnes per annum. Sah Polymers offers customised bulk packaging solutions to business-to-business manufacturers catering to different industries such as agro pesticides, basic drugs, cement, chemicals, fertilisers, food products, textiles, ceramics and steel. It exports products to 14 countries such as Algeria, Togo, Ghana, Poland, Portugal, France, Italy, Dominican Republic, USA, Australia, UAE, Palestine, the UK and Ireland. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/from-selling-puran-poli-on-a-bicycle-to-being-offered-seat-at-shark-tank-bhaskars-puranpoli-ghars-story/slidelist/96924857.cms">From selling puran poli on a bicycle to being offered seat at Shark Tank: Bhaskar’s Puranpoli Ghar’s story</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/entertainment/news/not-just-the-golden-globe-rrr-has-won-over-30-international-awards-within-a-year-of-its-release/slidelist/96911915.cms">Not just the Golden Globe, RRR has won over 30 international awards within a year of its release</a>

Sah Polymers lists at 31% premium, beats grey market expectations

<ul><li><keyword id="1369643" type="General" weightage="50" keywordseo="bobby-balachandran" source="Orion">Bobby Balachandran</keyword> of <keyword id="16042844" type="General" weightage="50" keywordseo="exterro-inc" source="Orion">Exterro Inc</keyword> led the pre-series A funding round that also saw participation from influencers <keyword id="2517934" type="General" weightage="80" keywordseo="bhuvan-bam" source="Orion">Bhuvan Bam</keyword>, <keyword id="4077853" type="General" weightage="20" keywordseo="ranveer-allahbadia" source="Orion">Ranveer Allahbadia</keyword> (Beer Biceps), Praful Billore (MBA Chaiwala), Arvind Arora (A2). </li><li><keyword id="16042842" type="General" weightage="100" keywordseo="supercluster-pi" source="Orion">SuperCluster Pi</keyword> is building an ecosystem of health and wellness focused D2C brands, helping them with their expansion. </li><li>SuperCluster Pi aims to complete 6-8 D2C brand acquisitions over the next 12 months. </li><li>The startup has acquired three D2C brands within the last 6 months, with a monthly reach of 30,000 consumers at present.</li></ul>Coimbatore-based startup SuperCluster Pi – which aims to build a cluster of health and wellness-focused direct-to-consumer (D2C) brands – has raised $2 million in a pre-series A funding round led by Bobby Balachandran of Exterro Inc. The round also saw investments from marquee angel networks such as <keyword id="7036829" type="General" weightage="50" keywordseo="inflection-point-ventures" source="Orion">Inflection Point Ventures</keyword> (IPV), <keyword id="948689" type="General" weightage="50" keywordseo="hyderabad-angels" source="Orion">Hyderabad Angels</keyword>, Faad Network and AngelBay. Key social influencers including Bhuvan Bam, Ranveer Allahbadia of Beer Biceps, Praful Billore (MBA Chaiwala) and Arvind Arora (A2) also participated in the round. SuperCluster Pi is building an ecosystem of health and wellness focused D2C brands, and the startup intends to use 70% of the fresh funds to make acquisitions and the rest to fuel the growth of the brands, the company said in a statement. It is targeting acquisitions of 6-8 D2C brands over the next 12 months, aiming to create $20 million in annualised gross merchandise value (GMV) run-rate, it added. It intends to use the rest of the funds to fuel the growth of the brands, expand its team and enhance its brand marketing activities. SuperCluster Pi was founded by Vishnu Prasath Devarajan in 2021. The startup has acquired a total of three D2C brands over the last 6 months, reaching over 30,000 consumers every month. It currently works with ByNature (superfood and breakfast), Auravedic (ayurvedic skincare) and <keyword id="40364" type="General" weightage="50" keywordseo="fragrance" source="Orion">Fragrance</keyword> and Beyond (skin-safe body fragrances and deodorants) besides five other in-house brands across skincare, haircare, sleep, anxiety and plant protein supplements. “SuperCluster Pi is on a mission to make India healthier by curating all entrepreneurial efforts in the proactive wellness sector together. We are committed to making a healthy lifestyle possible, accessible and sustainable. It will continue to grow and acquire brands in the proactive wellness sector so that our mission of building a healthier tomorrow becomes a reality,” said Devarajan. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/pain-management-post-op-geriatric-care-market-likely-to-double-to-35-billion-by-fy28-redseer/articleshow/96936641.cms">Pain management, post-op &amp; geriatric care market likely to double to $35 billion by FY28 : Redseer</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/from-selling-puran-poli-on-a-bicycle-to-being-offered-seat-at-shark-tank-bhaskars-puranpoli-ghars-story/slidelist/96924857.cms">From selling puran poli on a bicycle to being offered seat at Shark Tank: Bhaskar’s Puranpoli Ghar’s story</a>

Bhuvan Bam, MBA Chaiwala’s Praful Billore, Ranveer Allahbadia & others invest $2 million in SuperCluster Pi

<ul><li><keyword id="6484188" type="General" weightage="20" keywordseo="sensex" source="Orion">Sensex</keyword> and <keyword id="2931774" type="General" weightage="20" keywordseo="nifty50" source="Orion">Nifty50</keyword> closed in the red on Thursday after a choppy trading session, dragged by oil &amp; gas, and bank stocks.</li><li>Investor sentiment remained cautious with the <keyword id="6357061" type="General" weightage="20" keywordseo="earnings" source="Orion">earnings</keyword> season now underway, alongside a heavy selloff by foreign institutional investors (FIIs).</li><li>The year started on a tough note as FIIs offloaded equities worth ₹13,334 crore in the first eight trading sessions of 2023.</li></ul>Sensex and Nifty50 closed in the red on Thursday after a choppy trading session, dragged by oil &amp; gas, and bank stocks, among others. While the 30-stock Sensex closed 147 points or 0.25% lower at 59,958, the 50-stock Nifty50 declined 32 points or 0.18% at 17,863 on Thursday, recovering smartly from the day’s low of 59,963 and 17,761 points, respectively. IT stocks remained in focus on Thursday as IT majors <keyword id="6354512" type="General" weightage="80" keywordseo="infosys" source="Orion">Infosys</keyword> and <keyword id="30331" type="General" weightage="80" keywordseo="hcl-technologies" source="Orion">HCL Technologies</keyword> will release their Q3 FY23 results. <div type="image" title="daily-profit-loss-28" msid="96941347" hostid="261"></div> Investor sentiment remained cautious with the earnings season now underway, alongside a heavy selloff by foreign institutional investors (FIIs). FIIs have offloaded equities worth over ₹13,334 crore in the first eight trading sessions of 2023. The Indian rupee closed at 81.55 against the US dollar, appreciating 13 paise on Thursday. On the other hand, crude oil prices stabilised after experiencing volatility throughout the week. Brent crude oil prices edged up 0.96% to $83.46 per barrel. “The domestic market continued to remain volatile as investors eagerly awaited the earnings of other IT majors after a cautious warning from TCS. FIIs continue to dump Indian equities in search of cheaper investment avenues. Uncertainties over upcoming inflation numbers at home and the US kept the domestic market unstable, even as western peers stayed optimistic,” said Vinod Nair, head of research at Geojit Financial Services. The oil &amp; gas sector was the top loser on Thursday, falling 1.02%, followed by bank and FMCG, which declined 0.36% each. On the other hand, the media index emerged as the top sectoral winner, gaining 0.8%, followed by IT (0.43%) and auto (0.13%). <div type="image" title="sectoral-indices-28" msid="96941356" hostid="261"></div>On Thursday, foreign institutional investors (FIIs) sold ₹1,662 worth of equities while domestic institutional investors (DIIs) bought ₹2,127 crore. Earlier on Wednesday, indices closed flat after a choppy session on Wednesday led by <a href="https://www.businessinsider.in/stock-market/news/adani-wilmar-tata-motors-axis-bank-among-stocks-to-watch-on-wednesday/articleshow/96900296.cms">strong FII outflows</a>. On Wednesday, FIIs offloaded stocks worth ₹3,208 crore while domestic institutional investors or DIIs bought ₹2,430 crore. The year started on a tough note as FIIs offloaded equities worth ₹13,334 crore in the first eight trading sessions of 2023. Global markets signal mixed cues <keyword id="123399" type="General" weightage="20" keywordseo="us-markets" source="Orion">US markets</keyword> ended higher with the tech-heavy Nasdaq gaining the most with 1.76%, the benchmark S&amp;P 500 index, closing 1.28% higher and the Dow Jones Industrial Average rising 0.8%. “US and majorly European markets closed on the higher side yesterday. Investors anticipate the release of the US Consumer Price Index report on Thursday,” said Mehra. Investors await US CPI data for the month of December that is to be released by the US Bureau of Labor Statistics today. “US stocks closed higher on Wednesday, with Nasdaq Composite logging its longest win streak since September, as the market built on a positive start to 2023. Traders also looked ahead to Thursday’s inflation report to help gauge the size of the Federal Reserve’s next interest rate hike in February,” said Deepak Jasani, head of retail research at HDFC Securities. Most Asian markets were trading lower with Hang Seng down 0.70%, Shanghai Composite down 0.23%, Taiwan Weighted index was down 0.01% while Nikkei 225 up 0.03%. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/corporates/news/overall-demand-scenario-not-changed-significantly-but-europe-is-a-problem-says-tcs-ceo/articleshow/96859049.cms">Overall demand scenario not changed significantly but Europe is a problem says TCS CEO</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/from-selling-puran-poli-on-a-bicycle-to-being-offered-seat-at-shark-tank-bhaskars-puranpoli-ghars-story/slidelist/96924857.cms">From selling puran poli on a bicycle to being offered seat at Shark Tank: Bhaskar’s Puranpoli Ghar’s story</a>

Sensex, Nifty50 close in the red after a choppy trading session: Oil & gas, bank stocks drag

<ul><li>The physical rehabilitation market in India largely comprises of geriatric care, restorative care and pain relief. </li><li>An estimated 35-40% of the physical <keyword id="6476602" type="General" weightage="80" keywordseo="rehab" source="Orion">rehab</keyword> spend in India is concentrated in the top 10 cities. </li><li>Restorative care comprises 28% of the physical rehabilitation market in India. </li></ul>India’s physical rehabilitation market is expected to grow by 15.5% to become a $35 billion market by FY28, according to a report by <keyword id="16041939" type="General" weightage="50" keywordseo="redseer-consultants" source="Orion">Redseer Consultants</keyword>. Currently, it’s a $17 billion market and covers – restorative care that includes recovery after critical health conditions like a complex surgery; geriatric care that includes services and products for the elderly; and pain-relief via physiotherapy for arthritis, injury and more. Both at-home and at-centre care are included here. “Rehab is rapidly evolving and today transition care centres and out-of-hospital care providers can address a wide range of patient requirements from basic to complex or critical care,” says <keyword id="57808" type="General" weightage="50" keywordseo="vivek-srivastava" source="Orion">Vivek Srivastava</keyword>, CEO of <keyword id="16041940" type="General" weightage="50" keywordseo="hcah-india" source="Orion">HCAH India</keyword>, an out-of-hospital patient care provider. According to <keyword id="3359665" type="General" weightage="100" keywordseo="redseer" source="Orion">Redseer</keyword>’s <keyword id="16041938" type="General" weightage="50" keywordseo="rehab-tech" source="Orion">Rehab Tech</keyword> report, lack of awareness, sparse availability and limited capabilities of rehab providers are currently restricting the usage of rehab, despite its strong need. The report says that the potential for growth comes from the fact that an estimated 35-40% of the physical rehab spend in India is concentrated in the top 10 cities – Delhi NCR, Hyderabad, Bangalore, Mumbai, Kolkata, Chennai, Pune, Kochi, Coimbatore and Indore. Physical rehabilitation care in India: <table style="border-width: initial; border-style: none; table-layout: fixed; width: 468pt;"><colgroup></colgroup><col /><col /><col /><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Segment </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Market value in India </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Description </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Restorative care </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">$5 billion </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Recovery from critical health conditions, post-surgical care </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Geriatric care </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">$5 billion </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Medical care to optimise functioning in elderly people </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Pain relief </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">$3-4 billion </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Physiotherapy-led care in non-critical conditions such as arthritis, injuries and lifestyle related pains </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Others </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">$3 billion </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;"> </td></tr></tbody></table>Source: Redseer Rehab Tech Report Physical rehab market an attractive business opportunity Not only is physical rehab a large opportunity, it is also an attractive business proposition. In the case of restorative care, which comprises 28% of the total market, the gross margins are at 50-55% for the service provider, as per the report. Moreover, this is a high-value service. A consumer recovering from a critical surgery spends anywhere around $650-700 or ₹50,000 for 12 days of care. It’s also a scattered and an unorganised market. While hospitals dominate the critical, restorative rehab segment, local providers lead the geriatric and pain-relief segments. “Both of them aren’t able to aptly serve the consumer needs. Despite providing a standard service, consumers find rehab at hospitals to be expensive and lacking a recovery-focused environment. While local players are more affordable, they lack the basic quality and professionalism in service and have limited ability to address complex situations,” said the report. Redseer also believes that there is a strong case for specialised players who employ technology to solve these pain points. Consumers also have a latent need related to the ease of availing rehab – booking, customisation, care plan management, remote monitoring etc. "Elders are consuming more technology, are using tech devices, buying online, and want more safety, more healthcare, and more engagement than ever before", says Saumyajit <keyword id="715" type="General" weightage="50" keywordseo="roy" source="Orion">Roy</keyword>, CEO, <keyword id="10864914" type="General" weightage="50" keywordseo="emoha" source="Orion">Emoha</keyword>, an eldercare facility in India. <keyword id="14282102" type="General" weightage="50" keywordseo="kushal-bhatnagar" source="Orion">Kushal Bhatnagar</keyword>, engagement manager at Redseer, believes that players with a stronger tech enablement are better placed to thrive in the market. “Specialised rehab providers with wide segment coverage have access to a larger total addressable market (TAM) and potential to create a stronger brand in the rehab space among both consumers and doctors,” he added. Redseer also believes that specialised rehab players with cross-segment coverage, both at-home and at-centre capabilities, and tech focus, are likely to prosper. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/startups/news/a-startup-that-could-either-be-a-hero-or-zero-in-2-years-get-no-funds-on-shark-tank-india-s2/articleshow/96935490.cms">A startup that could ‘either be a hero or zero in 2 years’ get no funds on Shark Tank India S2</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/from-selling-puran-poli-on-a-bicycle-to-being-offered-seat-at-shark-tank-bhaskars-puranpoli-ghars-story/slidelist/96924857.cms">From selling puran poli on a bicycle to being offered seat at Shark Tank: Bhaskar’s Puranpoli Ghar’s story</a>

Pain management, post-op & geriatric care market likely to double to $35 billion by FY28 : Redseer

<ul><li>In his opening remarks at the Voice of <keyword id="461890" type="General" weightage="80" keywordseo="global-south" source="Orion">Global South</keyword> virtual summit, Prime Minister <keyword id="6354477" type="General" weightage="50" keywordseo="narendra-modi" source="Orion">Narendra Modi</keyword> flagged concerns over rising prices of food, fuel and fertilisers and the economic impact of the Covid-19 pandemic.</li><li><keyword id="6354642" type="General" weightage="100" keywordseo="modi" source="Orion">Modi</keyword> also stressed the need for the Global South to escape the cycle of dependency on systems and circumstances which are not of its making.</li><li>The 'Global South' largely refers to countries in Asia, Africa and South America.</li></ul> The world is in a state of crisis and it is difficult to predict how long this state of instability will last, Prime Minister Narendra Modi said on Thursday as he stressed the need for the Global South to escape the cycle of dependency on systems and circumstances which are not of its making. He also said that in the 21st Century, global growth will come from countries of the South. In his opening remarks at the Voice of Global South virtual summit, Modi flagged concerns over rising prices of food, fuel and fertilisers, economic impact of the COVID-19 pandemic as well as natural disasters driven by climate change. "We are meeting as a new year dawns and brings new hopes and new energy," Modi said. "We have turned the page on another difficult year that saw war, conflict, terrorism and geo-political tensions. Rising food, fertiliser and fuel prices, climate change-driven natural disasters and lasting economic impact of the Covid pandemic," he said. "It is clear that the world is in a state of crisis. It is difficult to predict how long this state of instability will last," Modi added. The prime minister said the need of the hour is to identify simple, scalable and sustainable solutions that can transform societies and economies. "Despite the challenges the developing world faces, I remain optimistic that our time is coming. And our time is coming. The need of the hour is to identify simple, scalable and sustainable solutions that can transform our societies and economies. With such an approach, we shall overcome the difficult challenges," he said. "I am confident that together the Global South can produce new and creative ideas. These ideas can form the basis of our voice in the G20 and other forums. In India, we have a prayer...it means may noble thoughts come to us from all directions of the universe. This Voice of Global South Summit is a collective effort for gaining noble ideas for our collective futures," Modi said. The prime minister noted that the Global South has the largest stakes in the future of the world. "We, the Global South, have the largest stakes in the future. Three-fourths of humanity lives in our countries. We should also have an equivalent voice.Hence, as the eight-decade-old model of global governance slowly changes, we should try to shape the emerging order," he said. The 'Global South' largely refers to countries in Asia, Africa and South America. The prime minister said that as India begins its G20 Presidency this year, it is natural that our aim is to amplify the <keyword id="16041021" type="General" weightage="50" keywordseo="voice-of-the-global-south" source="Orion">voice of the Global South</keyword>. In his closing remarks at the Summit, Modi said the interventions at the conference brought out the common challenges that are on the top of all our minds. "These mainly concern the lack of resources for our development needs, and increasing instability both in the natural climate and the geopolitical climate. Despite this, it is also clear that we developing countries are full of positive energy, full of confidence," he said. Noting that in the 20th Century, the developed countries were the drivers of the global economy, Modi said today, most of these advanced economies are slowing down. "Clearly, in the 21st Century, global growth will come from countries of the South. I think that if we work together, we can set the global agenda," he said. "The Voice of the Global South needs to set its own tone. Together, we need to escape the cycle of dependency on systems and circumstances which are not of our making," the prime minister said. India is hosting the two-day summit to bring together countries of the Global South and provide them a common platform to share their common concerns relating to various global challenges, including food and energy security triggered by the Ukraine conflict. The theme of the inaugural leaders' session is "Voice of Global South - for Human-Centric Development" while the leaders' concluding session will be on "Unity of Voice-Unity of Purpose". The summit envisages ten sessions out of which four sessions would be held on Thursday while six sessions would take place on Friday. Each session is expected to witness the participation of leaders and ministers from 10-20 countries. SEE ALSO: <a href="https://www.businessinsider.in/finance/news/digital-inequality-debt-cost-of-living-crises-among-top-5-risks-for-india-in-2-years-wef/articleshow/96929194.cms">Digital inequality, debt, cost of living crises among top 5 risks for India in 2 years: WEF</a> <a href="https://www.businessinsider.in/business/auto/news/auto-expo-2023-upcoming-electric-cars-and-bikes-in-india-in-2023/slidelist/96929819.cms">Auto Expo 2023: Upcoming electric cars and bikes in India in 2023</a> <a href="https://www.businessinsider.in/business/news/from-selling-puran-poli-on-a-bicycle-to-being-offered-seat-at-shark-tank-bhaskars-puranpoli-ghars-story/slidelist/96924857.cms">From selling puran poli on a bicycle to being offered seat at Shark Tank: Bhaskar’s Puranpoli Ghar’s story</a>

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From selling puran poli on a bicycle to being offered seat at Shark Tank: Bhaskar’s Puranpoli Ghar’s story

Eetika Kapoor

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PTI

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Sah Polymers lists at 31% premium, beats grey market expectations

Bhakti Makwana

Bhuvan Bam, MBA Chaiwala’s Praful Billore, Ranveer Allahbadia & others invest $2 million in SuperCluster Pi

Eetika Kapoor

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Bhakti

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Pain management, post-op & geriatric care market likely to double to $35 billion by FY28 : Redseer

Eetika Kapoor

World is in a state of crisis, difficult to predict how long it will last: Modi

PTI