Good morning, Bengaluru!
⛅ Today’s weather: High: 34 ℃ | Low: 21 ℃ | Partly cloudy sky.
🧐 Did you know? The City Civil Court, Bengaluru was established on November 17, 1980. It was inaugurated by the then-Chief Justice of India (CJI) YV Chandrachud, the father of the current CJI DY Chandrachud.
✍🏼 Glass House Festival
The Glass House Festival, organised by the ArtMantram Trust, returns for its first in-person edition in Bengaluru, focusing on themes of ‘Planet, Prosperity, People, and Peace.’
Over 100 poets to participate: Scheduled for March 23 and 24 at the Bangalore International Centre, the festival aims to create a space for shared experiences and vital conversations through poetry. With over 100 poets from diverse backgrounds, the event will feature recitative and slam poetry, translations, regional language showcases, and discussions on topics such as freedom of speech and environmental activism.
- The festival will include online sessions, maintaining the hybrid format that was successful during the pandemic.
- Renowned poets like Annie Zaidi, Ashwani Kumar, and Gayatri Majumdar will participate, along with a variety of workshops and performances.
Fostering community: The Glass House Festival seeks to foster a sense of belonging and global community through the power of poetry. The event is free to attend, and the organizers hope to leave a lasting legacy by ensuring that the ideas sparked during the festival continue to resonate with attendees long after its conclusion.
🩻 Making image-guided surgeries affordable
Bengaluru-based health-tech startup HRS Navigation is revolutionising the medical industry by offering affordable image-guided surgery solutions, particularly for hospitals in smaller towns.
What’s it about? Founded in 2015 by Arpit Paliwal, HRS Navigation aims to bridge the gap in health infrastructure between metros and smaller towns. The startup provides computer-assisted surgery solutions for image-guided surgeries at rates 50% lower than existing market rates, making it accessible to a wider Indian market. The company’s technology eliminates the need for consumables, further reducing costs and ensuring precision in surgeries.
- HRS Navigation’s system is based on optical pattern recognition technology, similar to that used in space navigation.
- The startup has installed over 100 systems, with 80% in smaller towns, and aims for global expansion.
Good feedback: HRS Navigation’s innovative approach has received positive feedback from medical professionals, with Dr Visvanathan Krishnaswamy of Sri Ramachandra Medical College in Chennai highlighting the precision and cost-effectiveness of the system. The startup is also exploring robotics in healthcare, with a focus on affordability and accessibility.
🏭 Schneider Electric launches cooling factory
Schneider Electric invests ₹100 crore in a new cooling factory in Bengaluru, part of a ₹3,200 crore investment plan in India by 2026.
What’s it about? The new factory, spread over 6.5 acres, aims to develop innovative cooling solutions for the burgeoning data centre ecosystem in India. Deepak Sharma, the CEO of Schneider Electric India, emphasized the factory’s role in supporting the vision of an Atmanirbhar Bharat and its contribution to the local economy.
- The factory will produce the latest generation of row cooling systems, high-efficiency chillers, and precision air conditioning systems.
- The global data centre cooling market is expected to grow at a CAGR of 16.8% from 2024 to 2030, driven by the demand for energy-efficient data centres.
Sustainable infra: Schneider Electric’s new factory is positioned to address the cooling requirements of high-density computing environments and support the development of resilient and sustainable data centre infrastructure.
💰 Kedaara Capital invests in Dairy Day
Kedaara Capital partners with Dairy Day Ice Creams, providing an exit for Motilal Oswal Private Equity and other angel investors, and setting the stage for Dairy Day’s growth across India.
What’s it about? The strategic investment by Kedaara Capital in Bengaluru-based Dairy Day Ice Creams is set to accelerate Dairy Day’s expansion in the Indian market, leveraging Kedaara’s expertise in retail and consumer sectors. Dairy Day, founded in 2002, has a strong presence in Southern and Western India and offers a wide range of ice cream products through traditional and online channels.
- Kedaara Capital aims to work closely with Dairy Day’s management to drive innovation, operational efficiency, and geographical expansion.
- The ice cream market in India is one of the fastest-growing segments in the food and beverage industry, with Dairy Day positioned as a market leader in its target regions.
Details: The transaction was facilitated by EY, acting as an exclusive investment banker. Kedaara Capital, with over $3.7 billion in businesses across various sectors, brings a wealth of experience to this collaboration, promising a bright future for Dairy Day’s growth and innovation in the ice cream market.
✨ Things to do…
Here are some fun and interesting things to do in the city over the weekend!
- Groove to Kr$na and Nucleya at the Maha Holi event.
- Immerse in an Anime-themed experience at the Zee Café Anime Fan Fest.
- Sing your heart out at the Koramangala Karaoke Night.
- Usha Uthup is set to perform at the Usha Uthup and AIR Live In Concert.
- Explore a variety of craft beers at the Small World Pub Crawl.
🛋️ Local Lounge
Yesterday’s Poll Results:
- I followed the recent women’s IPL: 62.5% 🏆
- I didn’t follow the recent women’s IPL: 37.5%
That’s it for today. Have a great weekend!