Bearys Chamber of Commerce & Industry formally inaugurated

[email protected] (CD Network | Suresh)
December 10, 2016

Mangaluru, Dec 10: Bearys Chamber of Commerce & Industry (BCCI), a newly formed NGO that intends to create a network between businessmen across communities and countries, was ceremonially inaugurated in the city on Friday.

bcci 2

B Ramanath Rai, Minister for Forest, Ecology & Environment and D.K. District in-charge, who symbolically inaugurated the elite body in the presence of a galaxy of dignitaries from the Beary community at Hotel Ocean Pearl, said that the formation of BCCI was need of the hour.

Hailing the contribution of Beary community towards the growth of business in Mangaluru and other parts of coastal Karnataka, Mr Rai said that bringing the prominent entrepreneurs of the community under one platform is a commendable move.

In his welcome address, Haji S.M. Rasheed, the founder president of BCCI, said that the non-Bearys such as Malayalis, Urdu speaking community and Navayatis also can obtain membership of the body.

The ultimate goal of the BCCI is overall development of the community and thereby contributing to the growth of the nation, he said adding that a year-long deliberation and discussion were held among entrepreneurs of the community before giving a final shape to the body.

He said that the BCCI is ready to give its membership to young entrepreneurs of the community and provide guidance. Formation of an interest-free bank is also being considered by the BCCI, he said.

Delivering the keynote address, Umar Teekay, managing director of Teekays Interior Solution Pvt. Ltd., Bengaluru, hoped that BCCI would worlk towards the overall development of the community.

He said that the Beary community should march towards development along with the support of other communities and keeping the interest of the country in mind. He said that the co-operation and unity will result in progress of the society.

Yenepoya Abdulla Kunhi, Chancellor, Yenepoya University, Mangaluru will preside over. Muhammad Imthiyaz, General Secretary of BCCI, delivered introductory remarks.

On the same occasion, Abdul Ravoof Puthige, the proprietor of Vishwas Bawa builders and founder of Talent Research Foundation, who recently bagged district level Rajyotsava award, was given a warm felicitation.

U T Khader, Minister for Food and Civl Supplies, J R Lobo, MLA, Mangaluru South, B A Mohiuddin Bava, MLA, Mangaluru North, Ivan D'Souza, chief whip of Legislative Council, Syed Abdul Khadar (Bashu), Managing Director of the Green Valley National School & PU College, Zakariya Jokatte of Muzain group, K S Mohammed Masood of Muslim Central Committee, Jeevan Saldanha, President, Kanara Chamber of Commerce & Industry, were present among others.

bcci copy copy copy

bcci 23

bcci 1

bcci 3

bcci 4

bcci 5

bcci 6

bcci 7

bcci 8

bcci 9

bcci 10

bcci 11

bcci 12

bcci 13

bcci 14

bcci 15

bcci 17

bcci 18

bcci 19

bcci 20

bcci 21

bcci 22

bcci new 1

bcci new 2

bcci new 3

bcci new 4

Comments

Sayed Salih Koya
 - 
Sunday, 11 Dec 2016

Hearty Congratulations SM Rasheed Haji on this Excellent initiative. This will be a Historical move towards bringing all the entrepreneurs of the region and community under one platform for overall growth, development and inspiration for all.
Also wishing all its members a very best of luck in achieving this goal.

Sayed Salih koya
 - 
Saturday, 10 Dec 2016

Hearty congratulations SM Rasheed Haji on your great initiative. Your contribution towards the welfare of the society is commendable. May Almighty Allah bless you with all the good health and success. Also wishing all its members the same.

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
January 10,2020

Bengaluru, Jan 10: Education technology company Byju’s is learnt to have raised $200 million in a funding round from Tiger Global Management, which has valued the Bengaluru-based start-up at around $8 billion, making it the third-largest unicorn (start-up valued over $1 billion) in the country.

With this, the Byju Raveendran-founded company has seen over 50 per cent jump in its valuation in just around nine months. In March 2019, Byju’s was valued $5.4 billion, when it raised around $31 million from General Atlantic, and Chinese investment giant Tencent.

At the current valuation, Byju’s has now replaced home-grown cab-hailing major Ola as the third-largest unicorn, next only to Paytm and OYO, which are valued around $16 billion and $10 billion, respectively.

Byju’s confirmed the transaction through a press statement, though the company declined to share any specific details of the deal. Tiger Global could not be immediately reached for its comments.

“We are happy to partner with a strong investor like Tiger Global Management. They share our sense of purpose and this partnership will advance our long-term vision of creating an impact by changing the way students learn,” said Raveendran. “This partnership is both a validation of the impact created by us so far and a vote of confidence for our long-term vision.”

This is Tiger Global’s first investment in the edutech space in India after Vendantu, an online tutoring platform, where it, along with WestBridge Capital, led a $42-million round in August.

An early backer of India’s internet growth story, the New York-headquartered Tiger Global has been a prolific investor in the Indian start-up space. Its portfolio in the country ranges from consumer focused e-commerce companies that are vital for the growth of the sector, such as Flipkart, Delhivery, Grofers, Quikr and PolicyBazaar, to mention a few.

After tasting success with Flipkart, one of its earliest investments, where it had pumped in around $1 billion, the PE major is now doubling down its focus on the Indian start-up space, under its new investment head Scott Shleifer.

Shleifer, who set up international private equity practice for Tiger Global, is said to be as aggressive deal maker like his predecessor Lee Fixel, who left the investment firm in March. Since then, Tiger has also invested in a host of technology-focused companies in diverse sectors including Ninjacart, CRED, NoBroker and Facilio to mention a few.

“Byju’s has emerged as the leader in the Indian education-tech sector. They are pioneering technology shaping the future of learning for millions of school students in India,” Shleifer was quoted in the press statement issued by the edutech firm.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
coastaldigest.com news network
July 11,2020

Mangaluru, Jul 11: Under the fourth phase of Vande Bharat Mission, the government of India has announced as many as 42 repatriation flights from Saudi Arabia to various Indian destinations including four flights to Karnataka. 

On July 25 an Air India flight will fly from Dammam International Airport to Kempegowda International Airport in Bengaluru.

On July 26 another Air India flight will take off from Dammam and land in Bengaluru and then again it will continue its journey till Mangaluru International Airport. 

On July 27, Air India will operate a flight from Jeddah’s King Abdulaziz International Airport to Bengaluru. 

On July 28, Air India will operate another flight from Jeddah to Mangaluru. It will be the last flight from Saudi to Karnataka under the fourth phase of Vande Bharat Mission.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
coastaldigest.com news network
February 28,2020

Mangaluru, Feb 28: Two labourers lost their lives as they were buried alive in a landslip at Karangalpady Junction near Bunts Hostel in the city today.

The landslip occurred when a compound wall collapsed burying at least five persons under the debris. It is feared that three people are still under the debris.

The deceased have been identified as Mohammad Masood (20) from West Bengal and Bhimappa (25) from Bagalkote.

Local police and fire fighters are carrying out rescue operation.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.