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North India’s Biggest ‘Incubator & Capital Summit 2025’ Kicks-Off at Chandigarh University

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100+ Incubators, 250+ Top Startups, 20+ Venture Capitalists, 40 Leading Corporations, Policy Makers Participate in Chandigarh University’s ‘Incubator & Capital Summit 2025’ 

CHANDIGARH, India, April 18, 2025 /PRNewswire/ — Chandigarh University’s first-of-its-kind ‘North India Incubators & Capital Summit (NIICS) 2025’, a two-day flagship event aimed at fostering innovation, collaboration, and advancement within the startup and investment ecosystem, got underway on Friday bringing together over 100+ Incubators from eight states in the region, 250+ top Startups, 20+ Venture Capitalists, Angel Investors and Entrepreneur for creating innovation and investment opportunities in the region.

Organised by Chandigarh University’s Technology Business Incubator (TBI) in collaboration with T-Hub, one of the world’s leading startup incubators, the ‘North India Incubators & Capital Summit (NIICS) 2025’ brought together stakeholder from eight states – Delhi, Rajasthan, Haryana, Uttarakhand, Uttar Pradesh, Jammu and Kashmir, Himachal Pradesh, and Punjab to outline the roadmap to transform North India’s entrepreneurial landscape.  The Summit has been endorsed by by STEPs and Business Incubators Association (ISBA), TiE (IndUS Entrepreneurs) Chandigarh, MeitY Startup Hub and Department for Promotion of Industry and Internal Trade (DPIIT).

Besides Member of Parliament (Rajya Sabha) and Chandigarh University Chancellor, Satnam Singh Sandhu, the dignitaries who attended the inauguration ceremony of the Summit included KK Yadav, Administrative Secretary, Industries & Commerce, Investment Promotion and Promotion of Information Technology Industry Punjab,  Kamal Kishor Yadav, PS Madanagopal, CEO, MeitY Startup Hub, Lalit Jain, Director of Census Operations and Citizen Registration in Haryana, Dr. Meer Murtaza, OSD Mission Youth J&K,  Kadam Sandeep Vasant, Secretary, Technical Education, Himachal Pradesh and Sujit Jagirdar, Chief Innovation Officer at T-Hub.

On the occasion, Sandhu launched Chandigarh University’s ‘Centre for Universal Business and Entrepreneurship’ to plug and play opportunities for the Startups across North India and ignite Next-Gen Innovation in the region.

Under the theme “Eight States, One Vision,” the Summit celebrated unprecedented collaboration among eight North Indian states, demonstrating the power of regional unity in building a robust innovation ecosystem. The event also spotlighted sustainable incubation models, introducing financial sustainability frameworks as a blueprint for incubators across the country. Driving collaborative efforts to address long-standing innovation divide across regions, the Summit’s focus extended “Beyond Convenience to Deep Tech,” urging startups in the region to shift from convenience-based solutions to deep technology innovation, in alignment with national priorities for technological self-reliance.

The Summit 2025 featured five thematic pavilions covering in emerging sectors like AI, Health & Wellness, Genentech & Sustainability, Business & Finance, Consumer Technology. These apart, two pavilions featured startups related to products and services. Four startups nurtured at the Chandigarh University were also launched by   Members of Parliament (Rajya Sabha) & Chancellor Chandigarh University, Satnam Singh Sandhu during the inaugural ceremony of the Summit.

To transform the nation into Viksit Bharat, we must strengthen our start-up ecosystem, says Member of Parliament (Rajya Sabha) & Chancellor Chandigarh University, Satnam Singh Sandhu

In his inaugural address, Member of Parliament (Rajya Sabha) and Chancellor of Chandigarh University, Satnam Singh Sandhu, praised Prime Minister Narendra Modi’s visionary leadership for setting India on the path to becoming a Viksit Bharat (Developed Nation). “The most critical driver of this transformation is our startup ecosystem,” he said, emphasizing the need to strengthen it further.

Sandhu highlighted that under PM Modi’s leadership, the past decade has marked a golden era for Indian startups. “With supportive policies, India has become a nation of ideas and innovation — now home to the world’s 3rd largest startup ecosystem, growing from around 500 startups in 2016 to over 1.59 lakh today, including 110 unicorns. These startups have created over 16.6 lakh direct jobs. At Chandigarh University alone, students have launched over 150 startups. Our Technology Business Incubator (CU-TBI) is now mobilizing Rs 5 crore to further boost innovation and entrepreneurship,” he added.

Immense support system in place, there is no better time for Startups in India, says CEO, MeitY Startup Hub, PS Madanagopal

Participating in the Session on ‘Northern Constellation: Uniting Innovation’, PS Madanagopal, CEO, MeitY Startup Hub, said, “Most of our Startups are today solving problems for urban India. There is a strong need to push beyond this urban India’s convenience related problems so solve problems that matter to Bharat which is could be related to water, hygiene, sanitation, air, education and health. My urge to innovators and problem solvers is that every day when you travel, if you could identify one problem, you can start letting it grow in your mind. Eventually the solutions will stare at your face. And that is something if you pursue, you will end up being a very powerful problem solver but also an entrepreneur. An entrepreneur is a real problem solver who works on a product which will change the status quo of society. That mind-set creates 10000 or 20000 jobs. The role of incubator is becoming extremely critical for felicitating an entrepreneur’s entire journey.  The first 1000 days of an entrepreneur are very important because it’s the critical phase. In way, there is immense support system at the incubator or the college level or the government level. There is no better time to Startup,”.

Need to inculcate entrepreneurial attitude, provide students with ideal environment for new ideas and skills, says KK Yadav, Additional Chief Secretary Industries, Industries and Commerce & Investment Promotion, Punjab

KK Yadav, Additional Chief Secretary Industries, Industries and Commerce & Investment Promotion, Punjab said, “When we talk about new start-ups; whenever someone comes up with a new idea whether you believe in that idea or not, whether that idea can be implemented or not but when we talk about solving a problem, an environment is automatically created to find its solution. An entrepreneurial attitude should be inculcated in the students and they should be provided with ideal environment in which they can create new ideas and learn new skills. This should not only be done by educational institutions alone, but we need to create a social environment for that. The governments have limited funding, but they can still help in many ways.”

He emphasised the importance of nurturing a mindset among students to become job providers rather than job seekers.

India will need a million startup to support the US$ 10 Trillion Economy by 2035, says CIO T-Hub Sujit Jagirdar

Sujit Jagirdar, Chief Innovation Officer at T-Hub, said, “India is a land of opportunities. There was a time when people used to say that US is the land of opportunities but now it’s no more the case. It’s India that is the land of opportunities as an option. The government has played a biggest role in making the startup eco system by providing policies infrastructure and funding for this.  Nine out of 10 founders make a startups to solve the problems they faced personally. So how do you solve problem in your area will matter the most. We are the fifth biggest economy and we will soon become third largest economy very soon. By 2035, the opportunity for us to move from US$4 Trillin to US$ 10 Trillion, we will need a million startups, which is about 10 times than what we have today, to support that economy. So there are phenomenal opportunities.  We just need the mind-set to focus on those opportunities,”.

Kadam Sandeep Vasant, Secretary of Technical Education, Himachal Pradesh, said, “Innovation begins with education. To foster it, we must build systems that encourage creativity and experimentation, By signing an MoU with T-Hub and the launch of an innovation fund to support students in prototyping, idea development, and patenting,”.

Lalit Jain, Director of Census Operations and Citizenship Registration for Haryana and Himachal Pradesh, said, “There’s no shortage of local startups offering unique solutions, especially in the tourism sector in Himachal Pradesh. But we are lagging in marketing. In today’s age, visibility is everything. Our startups need stronger promotion through government support, NGOs, and social media to attract investment and scale up.”

Meer Murtaza, OSD, Mission Youth J&K, said “We’re handholding youth to turn their ideas into ventures. With a recent paperless census covering 1.10 crore individuals across 25 lakh households, we have identified 8.45 lakh potential entrepreneurs. Now, it’s time for the youth to step out of their comfort zones—innovation requires taking risks,”.

About Chandigarh University

Chandigarh University is a NAAC A+ Grade University and QS World Ranked University. This autonomous educational institution is approved by UGC and is located near Chandigarh in the state of Punjab. It is the youngest university in India and the only private university in Punjab to be honoured with A+ Grade by NAAC (National Assessment and Accreditation Council). CU offers more than 109 UG and PG programs in the field of engineering, management, pharmacy, law, architecture, journalism, animation, hotel management, commerce, and others. It has been awarded as The University with Best Placements by WCRC.

Website address:  https://www.cuchd.in/

Photo – https://mma.prnewswire.com/media/2668262/Chandigarh_University.jpg

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Great Place To Work names Invisors on the 2026 Best Workplaces for Women List, Ranking no.65

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Invisors named a UK’s Best Workplaces for Women™!

GLASGOW, Scotland, July 24, 2026 /PRNewswire/ — Invisors, a Workday Services Partner has officially been recognized as one of UK’s Best Workplaces for Women 2026™, in 65th place out of the 350 ranked organisations.

Invisors’ values and culture are among the reasons women at our organisation say it is a great place to work. Discover how the team brings this philosophy to life at invisors.com/company-overview.

The 2026 UK’s Best Workplaces for Women list is made up of employers whose people have told Great Place To Work® UK they work for a place that is inclusive and equitable for all. The 350 companies on the list are committed to ensuring a reasonable balance of women and men across the organisation; removing barriers to women’s career advancement; and creating workplaces where all employees, regardless of gender, can flourish.

“I’m incredibly proud to see Invisors recognized as a Top Place for Women to Work. This award reflects the culture we’ve built together—one that values inclusivity, flexibility and empowerment. It’s a place where people are supported to bring their whole selves to work, grow their careers and strive for excellence every day.” Jennifer Donnelly-Corbett, EMEA Manager, HCM and Absence at Invisors.

Benedict Gautrey, Managing Director of Great Place To Work UK says:

“This year’s UK’s Best Workplaces for Women list celebrates businesses making a genuine difference day to day, not just in what they say, but in how people experience work. What matters most is that this recognition comes directly from women working in these organisations, who tell us they feel supported, valued, and able to grow.

Our research demonstrates that these organisations creating high-trust environments deliver stronger results, whether in financial outcomes, impact, or service delivery, alongside greater agility and resilience in the face of change.

Congratulations to Invisors for creating an environment where inclusion is clearly felt in practice.” 

Matt Smith, Managing Director, Global HR Operations, Invisors “Being named as one of the UK’s Best Workplaces for Women list is an achievement because it reflects what our people actually experience, not just what we aspire to. We’ve worked to build an environment where career growth and success aren’t something women have to fight for — it’s built into how we operate. This recognition is a great step in the journey, not the finish line, and we’re committed to keeping that bar high as Invisors grows within the UK.”

About Invisors

As a certified Workday Services Partner, Invisors helps clients leverage their organisational data to make better-informed business decisions through the deployment of Workday. Invisors’ success is measured by their clients’ ability to achieve their big-picture vision. From initial deployments to ongoing projects, Invisors is dedicated to elevating perspectives and transforming results. To learn more, visit invisors.com

About Great Place To Work®

Great Place To Work® is the global authority on workplace culture, helping organisations to create exceptional, high-performing workplaces where employees feel trusted and valued. The UK’s Best Workplaces for Women™ enables these outstanding organisations to celebrate their achievements, build their employer brand, and inspire others to take action. For more information, visit www.greatplacetowork.co.uk.

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SOURCE Invisors

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Auction Direct USA in Raleigh, NC, Makes It Easy to Shop for Used Vehicles Online

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RALEIGH, N.C., July 24, 2026 /PRNewswire/ — Auction Direct USA in Raleigh, NC, helps shoppers browse used-vehicle inventory, compare options, and complete key steps of the buying process online for a faster, more convenient shopping experience.

Auction Direct USA in Raleigh, NC, is simplifying the used vehicle shopping experience by offering convenient online tools that help drivers browse inventory, compare options, and begin the purchasing process from the comfort of home.

With a user-friendly website, shoppers can explore an extensive selection of used cars, trucks, and SUVs that fit a variety of budgets and lifestyles. Detailed vehicle listings provide important information, including photos, key features, specifications, pricing, and availability, allowing customers to make informed decisions before visiting the dealership.

The online platform also makes it easy to narrow vehicle choices using search filters for make, model, body style, price range, mileage, model year, and other preferences. These features help shoppers quickly find vehicles that meet their individual needs while saving valuable time.

In addition to browsing inventory, customers can use several digital shopping tools to streamline the buying process. Visitors can estimate monthly payments, value a trade-in, complete a finance application, and schedule a test drive online. These resources allow shoppers to prepare for their dealership visit with greater confidence and convenience.

Auction Direct USA in Raleigh, NC, regularly updates its online inventory, giving customers access to fresh vehicle selections as they become available. Whether someone is searching for a dependable commuter car, a family-friendly SUV, or a capable pickup truck, the website provides an efficient way to explore available options before stepping into the showroom.

The dealership remains committed to delivering a straightforward, customer-focused buying experience by combining a wide range of high-quality used vehicles with digital tools that simplify every stage of the shopping journey.

Drivers looking to begin their search can visit Auction Direct USA in Raleigh, NC, or browse the current inventory online to compare vehicles and take advantage of convenient shopping resources before visiting the dealership in person.

About Auction Direct USA in Raleigh, NC

Auction Direct USA in Raleigh, NC, offers a diverse inventory of quality used cars, trucks, and SUVs to meet a wide range of driving needs and budgets. By combining a customer-focused approach with convenient online shopping tools, the dealership helps make finding and purchasing a used vehicle simple, efficient, and enjoyable.

Media Contact: Tony Kicinski, 844-678-8048, tonyk@auctiondirectusa.com

 

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SOURCE Auction Direct USA

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FLAGSTAR BANK, N.A. ANNOUNCES $250 MILLION SHARE REPURCHASE PROGRAM

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Board of Directors Authorizes Repurchase of Up to $250 Million of Outstanding Common Stock, Reflecting the Bank’s Strong Capital Position and Commitment to Long-Term Shareholder Value

HICKSVILLE, N.Y., July 24, 2026 /PRNewswire/ — Flagstar Bank, N.A. (NYSE: FLG) (the “Bank”) today announced that its Board of Directors has authorized a common stock repurchase program under which the Bank may repurchase up to $250 million of its outstanding common stock over the next 12-month period.

Commenting on the repurchase program, Joseph M. Otting, Executive Chairman and Chief Executive Officer stated, “We are pleased to announce our stock buyback program, which reflects the meaningful progress we have made in executing our strategic plan, the strength of the balance sheet, and Flagstar’s long-term growth prospects. We have consistently maintained capital levels well above regulatory requirements, and we believe that returning capital to our shareholders through a share repurchase program represents a compelling and disciplined use of our excess capital at this time.

“We remain deeply committed to serving our customers and communities and we are confident that this program — alongside our continued investment in our people, products, systems, and technology — will deliver sustainable, long-term value for our shareholders.”

Repurchases may be conducted through open-market purchases, which may include purchases under a trading plan adopted pursuant to Securities and Exchange Commission Rule 10b5-1, or through privately negotiated transactions. The timing and exact amount of any share repurchases will be subject to a variety of factors, including the availability of stock for repurchases, the Bank’s capital position and financial performance, regulatory considerations, and general market conditions. The share repurchase program does not obligate the Bank to acquire any specific number of shares and may be modified, suspended, or discontinued at any time without prior notice. Any future stock repurchase programs would be subject to the approval of the Board of Directors and other various factors, including the Bank’s liquidity, capital position and financial performance, accounting and regulatory considerations, and general market conditions.

Flagstar Bank, N.A.

Flagstar Bank, N.A. is one of the largest regional banks in the country and is headquartered in Hicksville, New York. At June 30, 2026, the Bank had $87.7 billion of assets, $61.2 billion of loans, deposits of $67.5 billion, and total stockholders’ equity of $8.1 billion. Flagstar Bank, N.A. operates approximately 340 locations across nine states, with strong footholds in the greater New York/New Jersey metropolitan region and in the upper Midwest, along with a significant presence in fast-growing markets in Florida and the West Coast.

Cautionary Statements Regarding Forward-Looking Language

This press release may include forward‐looking statements by us and our authorized officers pertaining to such matters as our goals, beliefs, intentions, and expectations regarding, among other things: (a) revenues, earnings, loan production, asset quality, liquidity position, capital levels, risk analysis, divestitures, acquisitions, and other material transactions, among other matters; (b) the future costs and benefits of the actions we may take; (c) our assessments of credit risk and probable losses on loans and associated allowances and reserves; (d) our assessments of interest rate and other market risks; (e) our ability to achieve profitability goals within projected timeframes and to execute on our strategic plan, including the sufficiency of our internal resources, procedures and systems; (f) our ability to execute our capital management strategies, including our ability to complete our current stock repurchase program and to implement future stock repurchase programs; (g) our ability to attract, incentivize, and retain key personnel and the roles of key personnel; (h) our ability to achieve our financial and other strategic goals, including those related to our recent holding company reorganization, which was completed in October 2025 (the “Reorganization”), our merger with Flagstar Bancorp, Inc., which was completed in December 2022, our acquisition of substantial portions of the former Signature Bank through an FDIC-assisted transaction, which was completed in March 2023, and our ability to comply with the heightened regulatory standards with respect to governance and risk management programs to which we are subject as a national bank with assets of $50 billion or more; (i) the impact of the $1.05 billion capital raise we completed in March 2024; (j) the conversion or exchange of shares of our preferred stock; (k) the payment of dividends on shares of our capital stock, including adjustments to the amount of dividends payable on shares of our preferred stock; (l) the dilution of existing equity holders associated with future equity awards and stock issuances; (m) the effects of the reverse stock split we effected in July 2024; and (n) the impact of the 2024 sale of our mortgage servicing operations, third party mortgage loan origination business, and mortgage warehouse business.

Forward‐looking statements are typically identified by such words as “believe,” “expect,” “anticipate,” “intend,” “outlook,” “estimate,” “forecast,” “project,” “should,” “confident,” and other similar words and expressions, and are subject to numerous assumptions, risks, and uncertainties, which change over time. Additionally, forward‐looking statements speak only as of the date they are made; we do not assume any duty, and do not undertake, to update our forward‐looking statements. Furthermore, because forward‐looking statements are subject to assumptions and uncertainties, actual results or future events could differ, possibly materially, from those anticipated in our statements, and our future performance could differ materially from our historical results.

Our forward‐looking statements are subject to, among others, the following principal risks and uncertainties: general economic conditions and trends, either nationally or locally; conditions in the securities, credit and financial markets; changes in interest rates; changes in deposit flows, and in the demand for deposit, loan, and investment products and other financial services; changes in real estate values; changes in the quality or composition of our loan or investment portfolios, including associated allowances and reserves; changes in future allowance for credit losses, including changes required under relevant accounting and regulatory requirements; the ability to pay future dividends; the ability to implement future stock repurchase programs, which are subject to the approval of the Board of Directors and other various factors, including the Bank’s liquidity, capital position, and financial performance, accounting and regulatory considerations, as well as general market conditions; changes in our capital management and balance sheet strategies and our ability to successfully implement such strategies; our ability to achieve the anticipated benefits of the Reorganization; changes in our Board of Directors and our executive management team; changes in our strategic plan, including changes in our internal resources, procedures and systems, and our ability to successfully implement such plan; changes in competitive pressures among financial institutions or from non‐financial institutions; changes in legislation, regulations, and policies; changes relating to rent regulation and housing, including recent legislative action in New York City to freeze rents on certain rent-regulated properties; the impacts of tariffs, sanctions and other trade policies of the United States and its global trading counterparts; the outcome of federal, state, and local elections and the resulting economic and other impact on the areas in which we conduct business; the impact of changing political conditions or federal government shutdowns; the imposition of restrictions on our operations by bank regulators; the outcome of pending or threatened litigation, or of investigations or any other matters before regulatory agencies, whether currently existing or commencing in the future; our ability to comply with heightened regulatory standards with respect to governance and risk management programs to which we are subject as a national bank with assets of $50 billion or more; the restructuring of our mortgage business; our ability to achieve anticipated cost savings and enhanced efficiencies with respect to our balance sheet and expense reduction strategies; the impact of failures or disruptions in or breaches of our operational or security systems, data or infrastructure, or those of third parties, including as a result of cyberattacks or campaigns; the impact of natural disasters, extreme weather events, civil unrest, international military conflict, terrorism or other geopolitical events; and a variety of other matters which, by their nature, are subject to significant uncertainties and/or are beyond our control. Our forward-looking statements are also subject to the following principal risks and uncertainties with respect to our merger with Flagstar Bancorp, which was completed in December 2022, and our acquisition of substantial portions of the former Signature Bank through an FDIC-assisted transaction, which was completed in March 2023: the possibility that the anticipated benefits of the transactions will not be realized when expected or at all; the possibility of increased legal and compliance costs, including with respect to any litigation or regulatory actions related to the business practices of acquired companies or the combined business; diversion of management’s attention from ongoing business operations and opportunities; the possibility that we may be unable to achieve expected synergies and operating efficiencies in or as a result of the transactions within the expected timeframes or at all; and revenues following the transactions may be lower than expected.

More information regarding some of these factors is provided in the Risk Factors section of our Annual Report on Form 10‐K for the year ended December 31, 2025, and in other reports we file with the Office of the Comptroller of the Currency (the “OCC”) and voluntarily file with the Securities and Exchange Commission (the “SEC”), and which are also available on our Investor Relations website. Our forward‐looking statements may also be subject to other risks and uncertainties, including those we may discuss in this news release, on our conference call, during investor presentations, or in our securities disclosure filings. All such files are accessible on our website at ir.flagstar.com, on the OCC’s website at www.occ.gov, and on the SEC’s website at www.sec.gov.

Investor Contact:
Salvatore J. DiMartino
(516) 683-4286

Media Contact:
Jessica Torchia
(248) 312-6451

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SOURCE Flagstar Bank, N.A.

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