UnfoldU starts process of raising Rs 750 cr
Bhopal: India based school education technology startup UnfoldU Group has on Wednesday announced that it has initiated the process of raising Rs 750 crores through the private placement of shares.
UnfoldU Group has finalised the set of investment bankers and the financial roadshows will begin in the United States and Dubai from the second week of February, 2020.
With its strategic fund-raising plan in place, the UnfoldU Group is attempting to cash on the belligerent interest built up by investors in the gamified education space which has resulted in some of the big-ticket investments in its nearest competitors.
Founded in the year 2014 by Harish Bajaj, UnfoldU Group competes with Byju and StepApp in the gamified school education space. It also offers cashback driven online English learning services to the students in several parts of Africa excluding India. UnfoldU has reported a consolidated net revenue of Rs. 374 crores (US $50.16 million) for the year 2018-2019 and is targeting the growth of 50%.
MP Power Generating firm sets a new record
Bhopal: Scoring over all its earlier production records, the Madhya Pradesh Power Generating Company has created a new record by generation 1099.7 lakh unit thermal power on February 18. This is the maximum thermal power generation in one day so far. Earlier, on March 25, 2019, 1074.5 lakh unit power generation was recorded. Energy Minister Priyavrat Singh has congratulated the entire staff of the Power Generating Company on this achievement. Amarkantak Thermal Power House Chachai produced 50.6 lakh units, Sanjay Gandhi Thermal Power House Virsinghpur 289.6 lakh units, Satpuda Thermal Power House Sarni 261.8 lakh units and Shri Singaji Thermal Power Project Khandwa of the Power Generating Company generated power of 497.7 lakh units.
Min: Shivjai’s ideals are inspirational
Bhopal: Minister for Public Helath Engineering Sukhdev Panse said that Chhatrapati Shivjai’s ideals are inspirational for the young generation. Shivaji dedicated his whole life defending the motherland. Panse was addressing the programme held on the occasion of Shivaji Jayanti in Betul. Minister Panse said that Shivaji never accepted defeat even in adverse situations and with his bravery taught a good lesson to the invaders. He said that the best policies of public welfare were also implemented by Shivaji to run the state. Panse called upon youth to take inspiration from the ideals of Shivaji and contribute with full commitment for the betterment of the country.
Panse participated in the rally set out on the occasion of Shivaji Jayanti in Betul and garlanded the statue of Shivaji. On this occasion, he also inaugurated the Navari Grih Udyog.
State Anand Sansthan to hold awareness prog
Bhopal: Awareness programmes will be organised by the State Anand Sansthan on Social Justice Day, February 20. Directives have been issued to all the District Collectors by the Additional Chief Secretary Adhyatm Manoj Shrivastava in this regard.
The Anandaks of the Sansthan will administer pledge in schools, colleges, institutions and communities and to the citizens to make efforts for eradication of poverty, unemployment, beggary, illiteracy, caste, religious and gender discrimination. Along with this, programmes will also be organised with collaboration of various organizations as regard to education/training women, handicapped and children, employment, rehabilitation and scholarship.
On this occasion, the Anandak will organise awareness programmes with social organisations for literacy campaign in slum areas. Moreover, arrangement of guidance and counseling of youth for employment will be made. All the Anandak will celebrate this day in the form of festival and make efforts to spread awareness among the masses through street plays.
Holiday on Feb 21 at Sewa Sadan Eye Hospital
Bhopal: On the auspicious occasion of Mahashivratri, holiday will be observed on February 21,2020 in Sewa Sadan Eye Hospital. Emergency Services will as usually be available every time in those days also. Seriously injured persons of wounded eyes and other casualties may avail facility in emergency ward of the hospital.
Cong leader heckles school principal
Ratlam: Congress leader from Madhya Pradesh Vijay Singh Chauhan on Wednesday heckled a school principal for not adding ‘ji' to his name. He also said to the principal that he will not let the principal live in the town.
"Is this the way to talk? You give respect to him speak to him (contractor) using 'ji' and you talk to me like this? I will not let you live in peace in Ratlam," he said while threatening the principal.
Explaining his stance to media persons, Vijay Singh Chauhan stated, "The Principal tells me to keep quiet, I told him that I am a National Party's block administrator, how dare you talk to me like this? He talks to Contractor Anil using Ji and calls me by my name. He said I am your guru, to which I replied that I was a commerce student, not a science student and that he should not talk to me like this."
22-year-old youth killed at Jai Nagar
Bhopal: A 22-year-old youth was killed by two persons at Jai Nagar after dispute over fight between children on Wednesday; Nishatpura police have started investigation.
The deceased Vikas Meena was hit in his head with rods and sticks by Vinod Pal and Suraj Pal during a fight over fight in the day. Vikas was rushed to Shri Sai hospital in Karond where he died during treatment.
Police registered case of homicide against two accused who went absconding.
The details of the accused have to be investigated.
During the investigation police found that the children of deceased and accused had a fight earlier and when they tried to settle the fight it turned ugly and resulted in killing of Vikas.