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Launch new ventures and innovations simpler and faster with unique venture studio models and maker communities

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MUMBAI, India, April 29, 2025 /PRNewswire/ — Full stack multidisciplinary design has exponential powers. It not only makes products and services more desirable but also empowers business to visualise new futures, be more user-centric, and more innovative with concepts. This belief is what got NYUCT Design Labs, a unique venture studio and maker community, started.

 

 

 

Venture Design is a relatively new practice that fulfils agile development of new ventures, concepts, and innovations. It helps organisations envision new ventures, strategically position themselves, conceptualise new products, create differentiation, design products & services around consumer insights and develop desirability to win markets. It helps them be more entrepreneurial and agile.

One of the Co-Founders at NYUCT Design Labs, Manojeet Bhujabal puts it in perspective, “Businesses grow by innovation and with new ventures, products, and services. The desire to conceptualise and build the new, needs a coalition of skills, not to mention dedicated teams that are passionate and experienced in creating and designing new ventures. With a community of multidisciplinary designers, makers, and technology architects, clients can launch new ventures – better, cheaper, and faster. This helps organisations and founders, access open-source innovation.” 

As India’s first Venture Design Studio and Collective, NYUCT Design Labs has been engaged in transforming exponential ideas and concepts into launch ready ventures for both corporate houses and founder/makers. Since its inception, it has taken design into new adventures and use cases. From building digital platforms to creating impact & social innovation to transforming places into destinations. From the world’s first 100% Himalayan Distillery (Himmaleh) to a forest-first, Safari Reserve & Bio-Lodge in Kanha (Outpost 12), and from a social micro-enterprise (Dongaon Local Ghee) to a social healthcare platform for a doctor in Germany (QUOMI), the venture design studio and collective works across sectors. It works with both forward-thinking organisations and founders to help them design and build out their venture to market. It also partners businesses as their think and do design lab.

NYUCT Design Labs and its maker community step in as your B team. And if need be, step up as your A team.

According to a 2024 Global Entrepreneurship Monitor (GEM) report, levels of entrepreneurial activity are on the rise globally. As a testament to the power and scale of entrepreneurship, there were approximately 359 million companies worldwide in 2023. This represents a significant increase from 2020 when there were 328 million companies. In a global research, conducted by Amway, 58% of individuals were interested in starting their own business in 2024. India has emerged as a global leader on Entrepreneurial landscape, ranking second among 49 economies reveals Global Entrepreneurship Monitor (GEM) 2023/2024 Report. These are telling statistics that illustrate the need for innovative venture design studios which help both organisations and individuals get more entrepreneurial and ambitious with ideas. The global Design Market size is projected to reach USD 89.25 Billion by 2033. The global Design market is growing steadily as there is rising demand for creative and innovative solutions in all industries.

NYUCT Design Labs, started off early in 2016 with its founders joining the dots and believing that organisations and makers were getting more and more entrepreneurial. This needed a full stack design and access to innovation. As India’s first business design collective and innovation design lab, the model endeavours that nothing essential for venture creation remains out of syllabus for clients.

The firm and collective also helps with conceptual and speculative design that enables organisations and businesses to visualise and shape new ideas. Be it a new business vertical, a product extension, a new brand or with digital transformation. This has helped traditional corporate houses lab-design and incubate new concepts to launch to market.

How Venture Design helps business & founders, access full stack design and innovation

Venture Design & Development Services including business incubation servicesRapid conceptualising and prototyping – to build Minimum Desirable ProductsDesign and technology for Market-fitSpeculative and Concept DesignProduct & Brand Development, Packaging & DigitalExperience & Service DesignInnovation Sprints & Hackathons

Honing its practice over the years, learning by doing, NYUCT Design Labs plans to be a full stack platform that enables organisations, founders & businesses to access design and innovation at scale.

By building and supporting multiple new ventures simultaneously with a multidisciplinary community at work, the Venture Studio and Collective at NYUCT Design Labs provides more structured, hands-on and operational support compared to traditional incubators. The support of such a multidisciplinary studio helps founders and organisations with accessing multiple skills, sourcing capabilities for new ventures, and rapidly launching to market without hassles. As an operating partner, the venture design studio builds and designs for you, with you.

Need help with starting a dream venture or creating a new market? visit www.nyuct.com; or write in to wakeup@nyuct.com

About NYUCT Design Labs

NYUCT Design Labs is a venture development studio and innovation platform specializing in human-centred design, strategic innovation, and venture building. With a maker community and with experience across sectors and industries, NYUCT partners with forward-thinking founders, corporates, and governments to imagine, design, and launch future-ready businesses.

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Crab2B Makes AsiaWorld-Expo Debut, Connecting Hong Kong’s Mobile Wholesalers with Global Buyers

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HONG KONG, Oct. 18, 2026 /PRNewswire/ — Crab2B, a pioneering B2B trading platform dedicated to mobile devices and digital products, will make its debut at the HKICEC Global Mobile Exchange Pavilion during the Global Sources Hong Kong Shows, opening at AsiaWorld-Expo on October 18, 2026.

Hong Kong has long been a major hub for electronics wholesale trade, but buyers still often rely on fragmented channels to identify suppliers. Crab2B was created to bridge this gap, bringing Hong Kong-based mobile and digital product wholesalers together on one dedicated B2B platform. Headquartered in Hong Kong, Crab2B combines the manufacturing strength of mainland China and the Greater Bay Area’s extensive supply chain capabilities with Hong Kong’s established global trading network. Together, these strengths enable Crab2B to simplify cross-border sourcing, connect buyers directly with suppliers and make international trade more accessible and efficient.

For its first appearance at a major industry trade show, Crab2B is bringing together more than 200 merchants already registered on the platform, marking a significant milestone in its development. The Crab2B booth is expected to attract electronics traders from Southeast Asia, Europe, the Middle East and beyond. Visitors will be able to discover the app’s capabilities through live demonstrations, register on the platform and connect directly with participating merchants to explore business opportunities.

A buyer who experienced the Crab2B app shared: “With Crab2B, we no longer have to search far and wide for reliable suppliers. The platform brings Hong Kong’s mobile phone wholesalers together in one place, giving us greater visibility into available products and sourcing opportunities. Whether I’m at my desk or on the move, I can find products and connect with suppliers whenever I need to. For businesses like ours that source across borders, that kind of access makes a real difference. It saves time, reduces transaction costs and helps us do business more efficiently.”

Crab2B CEO Luo Yaohong said, “We want to be pioneers in cross-border B2B trading for digital products, creating new opportunities for Hong Kong’s wholesale industry. As Hong Kong places greater emphasis on developing digital trade, we’re addressing a longstanding gap in the market with a dedicated digital platform that connects Hong Kong’s electronics suppliers directly with buyers around the world. Our ambition is to make cross-border trading easier, faster and more accessible, while helping Hong Kong businesses reach new markets.”

The platform’s trade show debut is also attracting attention from international merchants, with exhibitors expressing interest in joining Crab2B to expand their reach into overseas markets. Meanwhile, merchants already registered on the platform are looking forward to the launch of its planned online marketplace, which will create further opportunities for sustained collaboration and business growth.

Building on this debut, Crab2B will remain firmly rooted in Hong Kong while expanding its connections with businesses around the world. The company will continue to enhance its platform with smarter sourcing tools, more comprehensive trading capabilities and an increasingly connected network of suppliers and buyers. By making it easier to discover products, establish business relationships and conduct cross-border transactions, Crab2B aims to open new opportunities for merchants of all sizes and help shape the next chapter of Hong Kong’s digital trade industry.

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SOURCE Crab2B

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Canton Fair Buyers Alliance Launched as the 140th Edition Opens

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GUANGZHOU, China, Oct. 17, 2026 /PRNewswire/ — On October 15, the Canton Fair Buyers Alliance was officially launched at the Canton Fair Complex, marking a significant milestone as the fair celebrates the 70th anniversary of its founding.

More than 140 overseas buyers attended the launch ceremony, highlighting the fair’s enduring role as a bridge connecting global commerce with China’s export sector.

Speaking at the ceremony, Luís Vilariça, CEO of Joinco, Import & Export, Ltd., discussed his company’s long-standing relationship with the Canton Fair. Drawing on years of participation, he reflected on the growth opportunities created through cooperation with Chinese suppliers and highlighted the fair’s role in supporting international business development and global trade exchanges.

The ceremony also featured a joint declaration by alliance members. Representatives from five member companies read the statement in their respective native languages, underscoring the international character of the new organization. Additional members sent video congratulatory messages, joining the celebration and witnessing the official launch of the alliance.

The Canton Fair Buyers Alliance represents one of the fair’s key service innovations. Designed primarily for Fortune Global 500 companies, buyers from the world’s top 250 retailers and leading sourcing enterprises across a diverse range of markets, the alliance aims to offer members a platform for information sharing and resource coordination. The first cohort of alliance members includes 58 companies from 32 countries and regions across 5 continents. Through the alliance, members will gain access to a range of priority benefits spanning four major areas: services, events, resources and information.

 For more convenient attendance, please click here for pre-registration:

https://buyer.cantonfair.org.cn/register/buyer/email?source_type=16

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SOURCE Canton Fair

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Bioethanol from human hair – Indian start-up’s solution to rising prices of grains and sugar

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GUJARAT, India, Oct. 17, 2026 /PRNewswire/ — In what could be called the beginning of the 5G (fifth-generation) of bioethanol or non-cellulosic bioethanol or non-sugar-based biofuels, an Indian start-up, Techofest Global, based out of Gujarat, has developed its own, indigenous, and patented technology for the production of bioethanol from waste human hair. Such processes would significantly reduce the employment of sugars, grains, and agricultural residues, which form the classical first- and second-generation bioethanol feedstocks. As a result, the rising fuel-vs.-food/fodder debate is anticipated to reduce, and instead, ethanol produced from municipal/industrial waste, after trials, can supplement the current supply being used as blends with presently retailed fossil fuels (E20, E27, etc.). 

As stated by Dr. Ravi, the founder-CEO of Techofest Global, the strategic priority and the USP of the start-up is industrial symbiosis, which, typically, involves an ecosystem of up-cycling/valorising the effluents of an industry, thereby creating a value-chain for residues often lacking an end-of-life. With more than three decades of experience in designing customized nuclear fusion reactors for international programmes, such as ITER, JET/UKAEA and SST-1, Dr. Ravi, a seasoned mechanical engineer, spearheads the start-up’s patented technologies’ scale-up and commercialization.

Two biochemical engineers, Dr. Navnit – the former CTO, and Dr. Kabilan – the former CEO of Biomakerz, Chennai, are the brains behind the current technology/process portfolio of the joint-venture between Techofest Global and Biomakerz. They have been working on biorefineries’ process intensification for more than a decade. “Having foreseen the fuel-vs-fodder/food competition as early as the year 2015, we began developing techno-economically feasible and viable in-vitro metabolically-engineered bioprocesses for scaling-up ethanol production from municipal waste streams between 2019–2021”, says Navnit. After developing operational technologies for international biofuel organizations, serving process engineer roles with certain biorefineries-related OMC R&D’s of India, Dr. Navnit, presently works for a premier academic institution.

An on-going fermentation trial at the Techofest Global-Biomakerz JV’s R&D facility

Techofest Global has developed and tested, in its R&D JV’s pilot-facility of ~100-L, 3 innovative and cost-effective technologies, such as 5G ethanol production using human hair, used cooking oil (UCO), and enriched bio-methane production from disposed sanitary napkins.

“With massive CapEx and OpEx, 2G ethanol technology is facing a major commercialization bottleneck, owing to competition with food/livestock fodder, requirement of a cost-intensive pre-treatment procedure, and the requirement of cellulolytic cocktails, which have a poor recycle efficiency. The proprietary 5G SAFE process developed for the start-up circumvents the mentioned constraints, and instead, utilizes a single-stage saccharification followed by fermentation, and records over 85–90% biocatalyst recovery. Likewise, the proprietary SIM process for bio-methane production, exclusively developed for the start-up, is 2x faster with improved intermittent feeding cycles and continuous gas harvest”, says Navnit.

“With on-going pre-commercialization trials, the proprietary ethanol and bio-methane processes of ours are soon being commercialized”, says Ms. Bhumika, the co-founder and the corporate advisor of the start-up. Furthermore, Mr. Ronak pilots the organization’s global market entry and commercialization frontier.

Techofest Global’s veteran Principal Technology Advisors include: Dr VS Tripathi, former Joint Director, DRDE Gwalior, Dr B S Munjal, former Director, Structures and Thermal group, SAC/ISRO, Academician and Advisor CIKS-Dharohar, GTU, and Dr AV Santhanababu, former Scientist at Satish Dhawan Space Centre. With on-going R&D activities, Dr. Munjal says, “the start-up is striving to provide a unique solution along the lines of the Atmanirbhar and Viksit Bharat Vision 2047”.

Media Contact: www.techofestglobal.com; e-mail: info@techofestglobal.com; contact person: The PR team of Techofest Global.

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