#Co-founder & CEO of SUGAR Cosmetics

[sageuniversityindore]

Startup Conclave 2024 at Sage University Indore, MP

Catch up with Vineeta Singh, Shark Tank Judge and Co-founder & CEO of SUGAR Cosmetics at Sage University Indore on 13th-14th June Sage Startup Spark 2024.

[sharktankindiaproducts]

Everything You Need to Know About Shark Tank India and Its Judges

If you’re a fan of entrepreneurship, innovation, and exciting business deals, you’ve probably heard of Shark Tank India. The show has taken India by storm, giving budding entrepreneurs a platform to present their business ideas in front of successful investors, also known as "sharks." It’s the perfect mix of business education, entertainment, and inspiration. In this blog, we’ll take a deep dive into what Shark Tank India is all about, the role of the shark tank india judges list, and how this show has inspired millions across the country.

What is Shark Tank India?

Shark Tank India is the Indian version of the popular American reality TV show Shark Tank, where entrepreneurs pitch their business ideas to a panel of investors in the hopes of securing investments. The show gives these entrepreneurs a chance to present their startups and ideas to well-established businesspeople, who can either invest their own money in the businesses or pass on the opportunity.

The show isn't just about securing investments; it’s also about learning. Viewers get to see how deals are negotiated, how investors think, and what makes a business worth investing in. Shark Tank India has quickly become a favorite among viewers who are interested in entrepreneurship, providing a rare behind-the-scenes look at how successful businesses are built.

Who Are the Shark Tank India Judges?

The Shark Tank India judges are a group of highly successful entrepreneurs and business leaders from different industries. These sharks bring their experience, knowledge, and capital to the table, looking for innovative ideas and promising business ventures. Let's take a look at some of the notable Shark Tank India judges who have appeared on the show:

Aman Gupta – Co-founder and CMO of boAt, a leading electronics brand, Aman Gupta has played a key role in making boAt one of the most popular brands for headphones and other electronic accessories in India. His business acumen and marketing skills are highly respected, and he has been a fan favorite on the show for his friendly and down-to-earth approach.

Anupam Mittal – Founder and CEO of People Group, Anupam Mittal is best known for his pioneering work with Shaadi.com, one of India’s largest matrimonial websites. His deep understanding of technology and marketing gives him a sharp eye for identifying promising startups in the tech space.

Ashneer Grover – Former Managing Director of BharatPe, Ashneer Grover is a well-known figure in the fintech space. He has a keen interest in tech-driven businesses and has been known to make quick, bold investment decisions on the show. His straightforward and no-nonsense attitude makes him one of the most intense judges on Shark Tank India.

Namita Thapar – Executive Director of Emcure Pharmaceuticals, Namita Thapar brings her vast experience in healthcare and pharmaceuticals to the panel. She is passionate about mentoring young entrepreneurs, especially those with ideas in the healthcare industry. Namita is also known for her calm demeanor and nurturing personality on the show.

Vineeta Singh – Co-founder and CEO of SUGAR Cosmetics, Vineeta Singh is a leading figure in India’s beauty industry. Under her leadership, SUGAR Cosmetics has grown into one of the fastest-growing beauty brands in the country. She is always on the lookout for startups that combine innovation with strong branding.

Peyush Bansal – Co-founder and CEO of Lenskart, Peyush Bansal has revolutionized the eyewear industry in India. His focus on tech-driven businesses and customer service makes him an insightful judge. Peyush is known for giving practical advice to entrepreneurs, helping them grow their businesses with a customer-first approach.

Ghazal Alagh – Co-founder of Mamaearth, Ghazal Alagh is an entrepreneur who has made a name for herself in the personal care space. Mamaearth is known for its natural, toxin-free products, and Ghazal’s passion for clean beauty shines through in her work as a judge. She often provides valuable insights to entrepreneurs in the beauty and wellness space.

How Shark Tank India Works

On Shark Tank India, entrepreneurs come onto the show with a specific business pitch. They present their business ideas, products, or services to the sharks, who then decide whether or not they want to invest. The entrepreneurs usually ask for a certain amount of money in exchange for equity in their company.

Once the pitch is presented, the sharks have the opportunity to ask questions, dig deeper into the business model, and assess the potential for growth. Based on the entrepreneur's answers, the sharks either make offers or decline to invest. Sometimes, multiple sharks show interest, leading to negotiations where the entrepreneur can choose the best offer.

The sharks bring more than just money to the table. They also offer mentorship, business connections, and strategic advice. Getting a deal on Shark Tank India can be a game-changer for startups, giving them the resources they need to grow their business quickly.

How Shark Tank India Inspires Entrepreneurs

One of the most significant impacts of Shark Tank India is the inspiration it provides to aspiring entrepreneurs. Watching the show, viewers get to see real people turning their ideas into successful businesses. The show encourages people to dream big and teaches them the importance of perseverance, creativity, and hard work.

The show has also helped break down the stigma around failure in business. Many entrepreneurs who don’t get a deal still receive valuable advice from the sharks, which helps them improve their business models and try again. It’s a great reminder that failure is just a stepping stone to success.

Shark Tank India Products

Many businesses that have appeared on Shark Tank India have gone on to achieve great success. From innovative tech products to eco-friendly solutions, these businesses have captured the imagination of both the sharks and the viewers. Shark Tank India Products has become a platform for promoting these entrepreneurial success stories.

For those interested in discovering products featured on the show, Shark Tank India Products offers a wide selection of innovative and unique items. Whether you’re looking for new gadgets, health products, or sustainable solutions, the businesses that have appeared on Shark Tank India are some of the most creative and forward-thinking in the market.

Conclusion

Shark Tank India has not only entertained millions of viewers but also played a crucial role in promoting entrepreneurship in India. With its panel of expert judges, the show provides invaluable lessons for anyone interested in business, innovation, and success. Whether you're a startup founder or simply someone with a love for great ideas, Shark Tank India is a must-watch.

[marwahstudios]

Orientation Program for 2024-26 PGDM Batch Commences at ABS

Noida, July 28, 2024 – The Asian Business School (ABS) inaugurated its orientation program for the 2024-26 batch of the Post Graduate Diploma in Management (PGDM) with a grand opening function. Dr. Sandeep Marwah, President of Asian Education Group and Chancellor AAFT University emphasized the significance of education and skill development in fostering a better future for the nation. “We all have to work hard to bring this nation to a better position. Every effort counts when you are a developing economy. It all starts with good education and skill development in a wonderful environment to become a good human being. ABS has mastered this,” said Dr. Marwah.

The event featured an inspirational address by Srikant Bolla, Founder of Bollant Industries and Co-Founder of the Samanvay Center for Children. Recognized by Forbes as one of Asia’s under-30 leaders, Srikant Bolla is also the first visually impaired student to graduate from the Massachusetts Institute of Technology. His biopic, “Srikant,” was recently featured on Netflix. Srikant shared his journey, detailing the challenges he faced and how he overcame them with determination and hard work. “Strong determination is the key to success,” he stated, inspiring the new batch with his words.

Vineeta Singh, Co-Founder and CEO of Sugar Cosmetics, and Saurabh Munjal, Co-Founder of Archian Foods, also addressed the students, sharing their entrepreneurial experiences and insights. The orientation program was further enriched by speeches from Dr. Lalitya Vir Srivastava, Director of ABS, Saurabh Sharma, and Gurdeep Raina, Directors at the Asian Education Group, who welcomed the students and encouraged them to make the most of their educational journey at ABS.

[freepressjournals]

Vineeta Singh: Pioneering Female Entrepreneur and Beauty Mogul

Vineeta Singh, a prominent figure in the business world, recently graced the screens of Sony TV’s Shark Tank, showcasing her entrepreneurial prowess. As the CEO and founder of Sugar Cosmetics, she epitomizes female empowerment and success in the entrepreneurial landscape.

Born in 1983, Vineeta, now 41, hails from Delhi, India, where she was raised in a Hindu household by her accomplished parents. Her mother holds a Ph.D., while her father, Tej Singh, served as a scientist at the prestigious All India Institute of Medical Science. In 2011, Vineeta tied the knot with her college companion, Kaushik Mukherjee, with whom she shares two sons, Vikrant and Ranveer, striking a harmonious balance between her personal and professional life.

Vineeta’s educational journey led her through Rama Krishna Puram and Delhi Public School before culminating in a degree in electrical engineering from IIT Madras. Subsequently, she pursued an MBA from IIM Ahmedabad, laying the groundwork for her future entrepreneurial endeavors.

Following her academic achievements, Vineeta embarked on a remarkable career trajectory. Initially, she turned down lucrative offers from top-tier corporations, driven by her unwavering determination to forge her path. In 2007, she co-founded Quetzal Online Private Limited, specializing in recruitment services, before venturing into the realm of fashion with the launch of FabBag in 2012.

However, it was in 2015 that Vineeta’s entrepreneurial spirit truly flourished with the inception of Sugar Cosmetics, alongside her husband, Kaushik Mukherjee. Despite encountering setbacks with previous ventures and rejecting a prestigious job offer from a global investment bank, Vineeta remained steadfast in her pursuit of creating something uniquely her own.

Sugar Cosmetics swiftly rose to prominence, disrupting the Indian beauty market dominated by international giants like Lakmé and L’Oréal. Within five years, the brand achieved unprecedented success, boasting a revenue exceeding 100 crores and establishing over 2,500 outlets across 130 cities.

Today, Vineeta’s net worth reflects her entrepreneurial triumph, estimated at around 300 crores in 2024. Her monthly earnings from Sugar Cosmetics range between INR 1 to 1.3 crores, supplemented by her role as a judge on Shark Tank India, which adds an additional INR 5 lakhs per episode.

Beyond her financial achievements, Vineeta’s journey serves as an inspiration to aspiring female entrepreneurs, embodying resilience, innovation, and unwavering determination. As she continues to carve her path in the business world, Vineeta Singh remains a beacon of female empowerment and entrepreneurial excellence.

[atomxmedia]

More Startups on Profit Track as Investors Tighten the Screw

A notable transition towards profitability is occurring within the startup ecosystem due to the reduction of venture capital and private equity investments. Due to the shift in investor perception, businesses are now prioritising sustainable growth over rapid expansion. Notable unicorns that have achieved profitability in FY24 include Oyo, Zomato, and Mamaearth from Honasa Consumer.

Rising Profitability Among Startups

Numerous firms have made the shift to profitability in the last year with success. Among them are the food tech behemoth Zomato, the consumer goods company Mamaearth, and the travel tech startup Oyo. Furthermore, Mensa Brands’ MyFitness and Lendingkart have also reached profitability at the EBITDA level. This is a considerable increase over prior years, when only two unicorns turned profitable in FY22 and one in FY23, according to Tracxn data.

Broader Trends in Profitability

In addition to these unicorns, eight other startups turned a profit in Q3 or Q4 of FY24, and one more turned a profit in Q1 of FY25. Among these unicorns making significant progress are Delhivery, Myntra, MobiKwik, Meesho, and Urban Company. Myntra reported gains in Q3 and Q4, while Delhivery and PB Fintech generated a profit in Q3. Meesho in Q2, Awfis and Sugar Cosmetics in Q4, MobiKwik in the first half of the year, Practo at the EBITDA level in Q4, and Meesho in Q2. Urban Company made a profit at the beginning of the current fiscal year.

Investor Perspectives

Partner at Khaitan & Co. Prasenjit Chakravarti predicts that by FY25/26, 20–30% of the top domestic startups will be profitable. He sees the recent trend of Indian startups being profitable as an indication of a larger movement towards financial sustainability. According to Anurag Ramdasan, a partner at venture capital company 3one4 Capital, over 40% of growth-stage businesses should achieve profitability milestones in the following two to three years. He does, however, issue a warning that such expectations are unreal for startups, since growth and product-market fit continue to be the fundamental measures of wealth generation.

Shift in Startup Strategies

The emphasis has clearly shifted from “growth at all costs” to operational efficiency, according to analysts. Earning a profit is becoming a crucial lever for entrepreneurs, especially those aiming to go public, says Karan Taurani, senior vice president and research analyst at Elara Capital. According to founder and CEO Abhishek Kumar, this transformation is visible in the strategic choices made by businesses like MyGate, which set out to achieve cash break-even by December 2023 and 0% cash burn.

Operational Efficiencies and Economies of Scale

According to Taurani, increased operating efficiencies and economies of scale are helping startups become more profitable. Analysts caution that startups’ long-term viability and general health should not be jeopardised by this emphasis on profitability. Cost-cutting strategies that compromise customer happiness and product quality should be avoided by businesses since they might result in a decline in customer loyalty and service standards.

Stay tuned with Atom News for more updates on startup profitability trends, venture capital insights, and industry-changing innovations.

[twnenglish]

Women’s Day Special – The Success Story Of Vineeta Singh

Today's women are the most powerful; they shape their fates and realize their ambitions. They also motivate others to reach the milestones on their journey to success. Women balance roles and accomplish all of their tasks smoothly, from maintaining the household to children and jobs, and this is how they smash the glass ceiling, push the envelope, and achieve what they put their minds on. Vineeta Singh, the co-founder of SUGAR Cosmetics, is one of these outstanding women. Vineeta has been motivating female entrepreneurs for the past few years, demonstrating that chances done with grit and forethought are worthwhile. Let's learn more about this incredible woman and her success story...

Struggle of A CEO Vineeta Singh

Vineeta Singh is an encouragement to anyone interested in starting a business. Vineeta Singh's net worth is mostly based on the success of her cosmetics line, Sugar. With Sugar, Vineeta Singh’s net worth has become one of the most popular searched terms right now. But it wasn't all rainbows and sunshine for the entrepreneur and mother of two immediately away. Singh disclosed in an Instagram post that an investor refused to see her because he wanted to meet a "male" to discuss business.

To Read This Full ARTICLE, Click Here

[businessupsidein8240]

Who Will Serve As Shark Tank India Season 2 Judges

The co-founder and CMO of BOAt, Aman Gupta

Shaadi.com founder and CEO Anupam Mittal

Emcure Pharmaceuticals’ founder and CEO, Namita Thapar

Vineeta Singh, CEO of SUGAR Cosmetics

Lenskart CEO and Founder Peyush Bansal

These are the five sharks who returned for the second season, and Amit Jain, CEO, and co-founder of the CarDekho Group and InsuranceDekho.com will be one of the two new sharks.

https://www.businessupside.in/promo-for-india-shark-tank-season-2-is-here/

[businessupsideindia]

Who Will Serve As Shark Tank India Season 2 Judges

The co-founder and CMO of BOAt, Aman Gupta

Shaadi.com founder and CEO Anupam Mittal

Emcure Pharmaceuticals’ founder and CEO, Namita Thapar

Vineeta Singh, CEO of SUGAR Cosmetics

Lenskart CEO and Founder Peyush Bansal

These are the five sharks who returned for the second season, and Amit Jain, CEO, and co-founder of the CarDekho Group and InsuranceDekho.com will be one of the two new sharks.

https://www.businessupside.in/promo-for-india-shark-tank-season-2-is-here/

[thepursuitroom]

Shark Tank India Season 2 Confirmed: A New Shark will be on Board with Previous Others

Shark Tank India 2 is all set to show up in India after the finish of the first season of the business reality show. The series has been reestablished for a second season and will feature last season’s Sharks: Anupam Mittal (Founder and CEO of Shaadi.com), Aman Gupta (Co-Founder and CMO of Boat), Namita Thapar (Executive Director of Emcure Pharmaceuticals), Vineeta Singh (Co-Founder and CEO of Sugar Cosmetics), Peyush Bansal (Founder and CEO of Lenskart).

[webnewsify1]

WebNewsify : Shark Tank India' locks the sharks for its second season

WebNewsify : The present, which fired up India's enterprise progress engine and altered the way in which India appears at entrepreneurship with its first season, will as soon as once more present a platform for enterprise aspirants to chase their entrepreneurial dream with their enterprise concepts to skilled traders & enterprise consultants or as they're often called 'The Sharks' within the second version.As well as, it additionally impressed the memer neighborhood with the one liners by the sharks because the 'Shark Tank India' memes grew to become a viral sensation with individuals utilizing them to successfully talk and make a degree of their social {and professional} circles.Geared as much as put money into potential companies this season, are sharks of season 1 - Anupam Mittal (Founder and CEO of Shaadi.com - Individuals Group), Aman Gupta (Co-Founder and CMO of boAt), Namita Thapar (Government Director of Emcure Prescription drugs), Vineeta Singh (Co-Founder and CEO of Sugar Cosmetics), Peyush Bansal (Founder & CEO of Lenskart.com), together with new shark - Amit Jain (CEO and Co-founder - Cardekho Group, InsuranceDekho.com)The second season of the present might be hosted by humorist Rahul Dua, who will add the tickle to the advanced enterprise discussions. 'Shark Tank India 2' will stream quickly on Sony Leisure Tv and Sony LIV! Read the full article

[daily-media]

Biography of Vineeta Singh – Co-founder of SUGAR cosmetics | Successful Indian businesswoman

Vineeta Singh CEO of Sugar Cosmetics

Vineeta Singh is an Indian businesswoman who made her name by co-founding the famous Indian cosmetic brand SUGAR, in 2015. Her vision to create makeup products for Indian skin tones made her enter the cosmetics industry. Vineeta is also a marathoner, who along with her husband completed the world’s longest race, Iron Man Triathlon, and the duo came to be known as the ‘ironman couple.’

Vineeta Singh Personal Details

Name — Vineeta Singh

Age (As of 2022) — 39 years

Year of Birth — 1983

Place of Birth — Delhi, India

Profession — Entrepreneur

Designation — Co-founder of the cosmetic brand, SUGAR

Father’s Name — Tej Singh (Scientist at All India Institute of Medical Sciences, New Delhi)

Mother’s Name — Name not mentioned (Ph.D. holder)

Marital Status — Married

Marriage Date — 4-Dec-11

Spouse — Kaushik Mukherjee (Co-founder of SUGAR cosmetics)

Children — Vikrant Mukherjee and Ranveer Mukherjee (Sons)

Hobbies — Traveling, cycling, swimming, playing, running

Net Worth — Rs 100 crore (As of 2019–20)

Vineeta Singh’s Early Life

Vineeta is a marathoner and a triathlete, who has participated in more than 14 marathons.

She had won many badminton competitions during her college days.

She purposely rejected a job placement of Rs 1 crore p.a. salary after her graduation to start her own business.

Due to financial difficulties, Vineeta also worked for a salary of Rs 10,000 per month to meet her daily expenses.

Vineeta Singh’s Educational Qualifications

Vineeta completed her schooling at Delhi Public School, R. K. Puram, New Delhi, in 2001.

She pursued B.Tech in electrical engineering from IIT, Madras from 2001 to 2005.

She did a three-month summer internship at ITC Limited, Kolkata in May 2004.

In 2005, Vineeta completed her MBA from IIM, Ahmedabad.

While pursuing her MBA, she also did a three-month internship at Deutsche Bank, London, and New York.

Vineeta Singh’s Professional Journey

Vineeta was appointed as the director at Quetzal Online Private Limited, a Mumbai-based Recruitment Company in April 2007.

After working for approximately 5 years, she co-founded FAB BAG, a beauty product supplying company based in Mumbai.

She co-founded SUGAR, a leading cosmetic brand, along with her husband in 2015 and became one of the leading businesswomen in India as it gained popularity.

In 2021, Vineeta appeared as one of the experts in the TV game show, Kaun Banega Crorepati.

She was also one of the sharks in the famous TV show, Shark tank India.

Vineeta Singh’s Awards and Achievements

Vineeta was invited as a guest speaker at TEDx, Pune, in 2018, to speak on the topic, ‘how to turn your fears into wins?’

She received the start-up of the year award 2019 by Entrepreneur Awards, Delhi.

Vineeta was recognized as one of India’s young business leaders by the Economic Times’ 40 Under Forty award in 2020.

She was featured in Forbes’s most powerful businesswoman cover in December 2021.

She has also been featured in many business magazines.

Vineeta Singh’s Success Mantra

“If you want to do something world-class, you have to continuously contribute to your work and be patient about the results.”

[vistascs22]

The Bold Type!

Who doesn’t know Kiran Mazumdar Shaw, Chairperson and MD of Biocon or P.V. Sindhu who got numerous badminton accolades home? Women in India are continuously setting their mark in various fields and increasingly establishing their presence and power in various political and economic domains. 

But the question is, is this enough? Even after 75 years of independence, is this growth sufficient and worthy of being complacent with? 16th December 2012 (“Nirbhaya” Rape Case) still repeats itself every day and we just skip those articles in news apps and papers as a routine while sipping our tea. India still tops the chart when it comes to female feticide and domestic violence. 

Women need motivation, support and the required resources to climb the ladder of success. We can’t be content with mere examples of limited accomplished females anymore. Women from both urban and rural areas and from all the income groups need to be independent in all the three aspects: financially, emotionally and physically. And sure, we need education, proper healthcare and equality in opportunities for that, but we also need something more which is often unspoken about.

It’s simple! We need a community of women empowering other women. We definitely require a platform where women see other female warriors coming out of similar restrictions to pursue their dreams or people openly talking and discussing issues they were always asked to be shut about. We need a place of comfort for them, where they feel heard, respected and empowered and where stories aren’t censored for being too bold, where articles are published without the ‘required’ edits and where women know that toleration and being silent is not an option anymore. 

TASK AT HAND

You are hired as the Chief Strategist Officer (CSO) by Vineeta Singh, CEO and co-founder of Sugar Cosmetics Corporation for a new women’s magazine to be launched by the company. The purpose of this magazine goes beyond marketing of their products and brings into light the contemporary issues faced by women today. You as the CSO are required to come up with the following deliverables: 

Name of the magazine along with the mission and vision statement

2. USP of the magazine 

3. List out the top 5 issues which the magazine should aim to address 

4. Competitor analysis and target audience 

5. Marketing strategies with special emphasis on ways to target the male audience as the reader of your magazine 

6. Strategies to generate sources of revenue from the magazine

7. Design a cover page for your magazine

You are free to add any other extra deliverable as per your discretion. 

Hint: Put creativity at your best!

You are required to come up with a PPT of not more than 7 slides and a REPORT (no page limit). Kindly follow the format.

Deadline: 7 a.m.

Incase of any doubts, please feel free to reach out to:

Shelja Agarwal: 7002508044

[earaercircular]

These are the 6 best circular companies of 2022 in the Netherlands

The Week of the Circular Economy starts on Monday 7 February. Every year, the most innovative projects and products of companies and governments are rewarded with a Circular Award. These are the contenders for 2022.

Whether it concerns a floor, mattress, house or bicycle, companies are working on circularity in all kinds of areas. On Monday 7 February 2022 , the public has chosen the best circular project or product from a shortlist in three categories. The categories are Business Large, Business Small and Public. The three best per category have been selected from 161 entries. These are the companies that have a chance to win the prize with their product:

Interface

Floor manufacturer Interface attaches great importance to sustainability and circularity. In 1994, founder Ray Anderson changed the course of the stock market listed company. “We developed the philosophy in the 1990s, but we didn't know how what steps to take,” said Nigel Stansfield, CEO EMEA in an earlier interview with Change Inc. For years, the company tried all kinds of things, learned, made mistakes and went into dead-ends. It led to three focus points: factories, products and suppliers. For example, Interface wants to ensure that their factories do not have a negative impact on the environment, makes carpets from discarded fishing nets and is now developing a carpet tile that even stores CO2.

Janssen de Jong Bouw

Jansen de Jong Bouw is a construction company that works on circularly stacked construction concepts. The parts of the houses can be disassembled. This allows the elements to get a second life at the end of their life. In addition, the company uses recycled material as much as possible. For example, the roofs consist of second-hand wood.

Niaga

Niaga designs recyclable mattresses, carpets and furniture panels. The company likes to co-operate. In 2014, for example, it developed a new technology for a fully recyclable carpet together with chemical company DSM. The new carpet consists of only single material: polyester. “The polyester carpet used is fully recyclable,” Elvira Luykx of DSM previously told Change Inc. At the end of 2017, DSM-Niaga sought cooperation with Auping, a French department store, for a circular mattress. That mattress has been on sale since 2020.

The Court of Cartesius

The Hof van Cartesius is a meeting place and workplace in Utrecht. It consists of eight circular buildings with a total of 3,500 square meters of workspace, catering and meeting space for approximately 110 creative and sustainable entrepreneurs. For the construction and furnishing, the Court opted for used materials as much as possible. For example, old railway rails, window frames and floor beams are returned to the buildings. In total, 90 percent of the buildings are circular, since the Court had to use a few new materials alltogether.

Sunt

Sunt saves bananas from the trash by turning them into products. These are bananas that do not reach the supermarket shelf because they do not meet the cosmetic standards of the food industry. Not only small, too crooked or too large bananas are wasted. But also green, ripe and loose bananas. Sunt, for example, uses it to make banana bread and granola. Without refined sugar, butter or oil. The products are often lactose- and gluten-free.

Roetz

Roetz is a bicycle manufacturer that constructs bicycles based on recycled frames. About 1 million bicycles are discarded every year. Roetz cleans and processes the parts that are still in order. According to the company, the current collection is circular for 30 percent. For public transportation bicycles they come to 70 percent. Roetz is a social enterprise that trains people to become bike mechanics.

Circularity in the public sector

In addition to the business community, universities of applied sciences, housing associations and municipalities are also eligible for a prize. This year these are the Aeres Hogeschool from Almere, the Amsterdam housing corporation Eigen Haard and Greendeal Autodelen (=Car parts) from Utrecht.

Circular economy revolves around the R-ladder

When choosing the finalists, the jury looked at, among other things, 'the R-ladder'. The higher up the ladder the better. It is about maximum reusability and minimum value destruction of raw materials and materials. This year the jury paid extra attention to the phasing out of linear practices. The R-ladder refers to the following matters: refuse, rethink, reduce, re-use, repair, refurbish, remanufacture, repurpose, recycling and recover.

And the winners are...

Janssen de Jong Bouw won in the large companies category with their Modufair project. Roetz was rewarded in the smaller companies category. The winner in the public category will be announced later today.

Source

Rianne Lachmeijer, Dit zijn de 6 beste circulaire bedrijven van 2022’, in: Change Inc, 5-02-2022,https://www.change.inc/circulaire-economie/dit-zijn-de-6-beste-circulaire-bedrijven-van-2022-37683

[powergummies12]

The Best Nutraceutical Brand 2022

The award was presented to Power Gummies by the sharks themselves -CEO of Sugar Cosmetics, Vineeta Singh & Co-founder and Marketing Director of BOAT, Aman Gupta! IReC & D2C Awards were held in HOTEL SHERATON GRAND, Bengaluru, India. The most prominent awards ceremony in the country, a platform that throws light on the entrepreneurial preeminence in the Retail and e-Retail sector.