Tuesday, 18 August 2015
Latest News about Anil Jain, CEO Refex Energy in Business Standard
On July 30, 2015 Business Standard reported written a article about Mr. T Anil Jain, CEO Refex Energy in their website business-standard.com. Below find the article.
Shoppers Stop non-executive chairman invests in Chennai-based laundry startup Wassup
Company raised $2 million from HNIs and plans to raise another $10 million from VCs
Wassup, an on-demand laundry and dry-cleaning service, has raised $2 million (Rs 12.9 crore) from high networth individuals, including B S Nagesh, non-executive vice-chairman of Shoppers Stop, and former Barclays India chief executive Mani Subramanian, co-founder R Balachandar said. They have come in during pre-Series A fund-raising. The firm now plans to raise $10 million from venture capital funds.
Wassup's co-founder R Balachandar told Business Standard that other HNIs are T Anil Jain, chairman and managing director of Refex Industries Ltd, Ranga Iyer, former MD of pharma major Wyeth India and Arun Chandra Mohan and Praveen Sinha, founders of Jabongg.
Balachandar said the company is betting big on both online and offline mediums, while the Jabong founders can help the company on the technology front.
He added Wassup will be rolling out several initiatives in the coming months including tying up with apparel and fashion brands to offer after sales maintenance and others.
Wassup is now gearing up to raise another $10 million from VCs to support its three-year plan. The company is planning to expand to 25 cities from the current five cities, through organic and inorganic routes.
Each of the cities will have around 10 stores taking the total number of stores to 250-300 stores across the country from the current 30 stores across Bangalore, Delhi, Chennai, Cochin and Pune.
"The brand vision is to be in 100 cities in the next 3 years. Wassup has processed 34 million garments so far and this number is growing month on month," claimed Balachandar.
He added, the company has clocked Rs 5 crore in 2014-15 and set a target of Rs 20 crore.
The laundry market in India is estimated to be valued at Rs 2,00,000 crore annually out of which 95 per cent is unorganised.
Nagesh commented that: "Wassup can have impact on the people at the bottom of the pyramid in the laundry business c and this aspect is very close to my heart and is aligned to what we are trying to do. I like the energy of the founders and their value system. When the purpose of the business and the founders are aligned it becomes very easy for businesses to create value for its stakeholders. I am looking forward to my relationship with Bala, Durga and Wassup as an advisor and a mentor to the business."
Shoppers Stop non-executive chairman invests in Chennai-based laundry startup Wassup
Company raised $2 million from HNIs and plans to raise another $10 million from VCs
Wassup, an on-demand laundry and dry-cleaning service, has raised $2 million (Rs 12.9 crore) from high networth individuals, including B S Nagesh, non-executive vice-chairman of Shoppers Stop, and former Barclays India chief executive Mani Subramanian, co-founder R Balachandar said. They have come in during pre-Series A fund-raising. The firm now plans to raise $10 million from venture capital funds.
Wassup's co-founder R Balachandar told Business Standard that other HNIs are T Anil Jain, chairman and managing director of Refex Industries Ltd, Ranga Iyer, former MD of pharma major Wyeth India and Arun Chandra Mohan and Praveen Sinha, founders of Jabongg.
Balachandar said the company is betting big on both online and offline mediums, while the Jabong founders can help the company on the technology front.
He added Wassup will be rolling out several initiatives in the coming months including tying up with apparel and fashion brands to offer after sales maintenance and others.
Wassup is now gearing up to raise another $10 million from VCs to support its three-year plan. The company is planning to expand to 25 cities from the current five cities, through organic and inorganic routes.
Each of the cities will have around 10 stores taking the total number of stores to 250-300 stores across the country from the current 30 stores across Bangalore, Delhi, Chennai, Cochin and Pune.
"The brand vision is to be in 100 cities in the next 3 years. Wassup has processed 34 million garments so far and this number is growing month on month," claimed Balachandar.
He added, the company has clocked Rs 5 crore in 2014-15 and set a target of Rs 20 crore.
The laundry market in India is estimated to be valued at Rs 2,00,000 crore annually out of which 95 per cent is unorganised.
Nagesh commented that: "Wassup can have impact on the people at the bottom of the pyramid in the laundry business c and this aspect is very close to my heart and is aligned to what we are trying to do. I like the energy of the founders and their value system. When the purpose of the business and the founders are aligned it becomes very easy for businesses to create value for its stakeholders. I am looking forward to my relationship with Bala, Durga and Wassup as an advisor and a mentor to the business."
Tuesday, 4 August 2015
Taniljain.com Official website for Anil Jain, CEO Refex Energy
Mr T. Anil Jain, CEO Refex Energy launched a new website Taniljain.com on August 1, 2015. Taniljain.com is a new and official website for Mr. T. Anil Jain, CEO Refex Energy.
Mr. T. Anil Jain is a Chairman and Managing Director of the Company Refex Industries Limited. Shri. T.Anil Jain, aged 38 years is a promoter and first Director of Refex Industries Limited. On August 1, 2015 Mr. T. Anil Jain launched a new website taniljain.com as a official website.
Taniljain.com website is a perfect place to know about Mr. T Anil Jain and Refex Energy. In that website they update Latest News, Blogs, Videos and Image Gallery about Mr. T. Anil Jain and refex energy.
Mr. T. Anil Jain is a Chairman and Managing Director of the Company Refex Industries Limited. Shri. T.Anil Jain, aged 38 years is a promoter and first Director of Refex Industries Limited. On August 1, 2015 Mr. T. Anil Jain launched a new website taniljain.com as a official website.
Taniljain.com website is a perfect place to know about Mr. T Anil Jain and Refex Energy. In that website they update Latest News, Blogs, Videos and Image Gallery about Mr. T. Anil Jain and refex energy.
Saturday, 18 July 2015
Uttar Pradesh's Biggest Solar Power Plant 23MW by Anil Jain's Refex Energy Limited
Uttar Pradesh's Biggest Solar Power Plant 23MW Designed, Installed and Commissioned by Anil Jain's Refex Energy Limited. Inaugurated by Honourable Chief Minister of Uttar Pradesh Shri Akhilesh Yadav.
Anil Jain Refex Energy CEO at India's first Solar PPA under Jawaharlal Nehru National Solar Mission - Video
Anil Jain Refex Energy CEO at India's first Solar PPA under Jawaharlal Nehru National Solar Mission. India's first Solar PPA under Jawaharlal Nehru National Solar Mission. In the presence of Shri Farooq Abdullah, Shri Sushil Kumar Shinde and other Eminent Leaders and bureaucrats. Presented by Shri Deepak Gupta, Then Secretary MNRE.
Monday, 6 July 2015
Latest News about Anil Jain, Refex Energy
Shri. T.Anil Jain, aged 38 years is a promoter and first Director of the Company Refex Energy. Anil Jain was appointed as Managing Director of the company Refex Energy on 13-09-2002 and has held the position since then. Below find the Latest News and Blogs about Mr. Anil Jain and Refex Energy.
Anil Jain's Refex Energy Ltd Commissions Two MW-Scale Projects In UP And AP
http://justpaste.it/m0eb
Anil Jain's Refex Energy Ltd has Commissioned 2 Solar PV Plant in Rajasthan and Telangana
http://aniljainrefex.skyrock.com/3253934192-Anil-Jain-s-Refex-Energy-Ltd-has-Commissioned-2-Solar-PV-Plant-in.html
Anil Jain Refex Energy Ltd has Successfully Commissioned a 10 MWP Solar Plant in Kolayat Region in Rajasthan
http://anil-jain-refex.wikia.com/wiki/Anil_Jain_Refex_Energy_Ltd_has_Successfully_Commissioned_a_10_MWP_Solar_Plant_in_Kolayat_Region_in_Rajasthan?venotify=created
Anil Jain Refex Energy said Setting up Solar Plants more Expensive in Tamil Nadu
http://groupspaces.com/AnilJainRefex/pages/anil-jain-refex-energy-said-setting-up-solar-plants-more-expensive-in-tamil-nadu
Anil Jain's Refex Energy Ltd Commissions Two MW-Scale Projects In UP And AP
http://justpaste.it/m0eb
Anil Jain's Refex Energy Ltd has Commissioned 2 Solar PV Plant in Rajasthan and Telangana
http://aniljainrefex.skyrock.com/3253934192-Anil-Jain-s-Refex-Energy-Ltd-has-Commissioned-2-Solar-PV-Plant-in.html
Anil Jain Refex Energy Ltd has Successfully Commissioned a 10 MWP Solar Plant in Kolayat Region in Rajasthan
http://anil-jain-refex.wikia.com/wiki/Anil_Jain_Refex_Energy_Ltd_has_Successfully_Commissioned_a_10_MWP_Solar_Plant_in_Kolayat_Region_in_Rajasthan?venotify=created
Anil Jain Refex Energy said Setting up Solar Plants more Expensive in Tamil Nadu
http://groupspaces.com/AnilJainRefex/pages/anil-jain-refex-energy-said-setting-up-solar-plants-more-expensive-in-tamil-nadu
Saturday, 27 June 2015
Aiswarya Rai at Anil Jain Refex Energy's 300KW Solar Power Plant at Lifecell - Image Gallery
Aiswarya Rai at Anil Jain Refex Energy's 300KW Solar Power Plant at Lifecell - Image Gallery. 300Kw Solar Power Plant at Lifecell, Chennai Inaugurated by Mrs.Aishwarya Rai Bachchan at Lifecell Plant, Kelambakkam, Chennai.
Anil Jain Refex Energy said Setting up solar plants more expensive in Tamil Nadu
Anil Jain Chairman and Managing Director of the company Refex Energy said Setting up solar plants more expensive in Tamil Nadu. Even as the Tamil Nadu government is trying hard to be seen as India's next solar destination, taxation rules are serving as a hurdle.
"The overall project costs go up, because about 95% of the cost of a solar plant is the equipment while construction cost is very low. And it is the equipment that is taxed. We have petitioned the government but to no avail," Anil Jain, managing director of Refex Energy , said.
Setting up a solar power plant in TN is about 8% more expensive than in other states since companies have to pay between 5% and 14.5% more as taxes while procuring solar equipment, and liaisoning costs are higher.
A company that wants to set up a 10MW solar plant in Tamil Nadu would have to shell out about `3 crore more as the state imposes value added tax (VAT) of 5% on equipment required for solar plants."Andhra Pradesh, Maharashtra and Punjab offer full VAT refund. Tamil Nadu's solar policy offers no such exemption," Dakshinamoorthy Arumugam, director of Marigold Steel and Power, said.
"The overall project costs go up, because about 95% of the cost of a solar plant is the equipment while construction cost is very low. And it is the equipment that is taxed. We have petitioned the government but to no avail," Anil Jain, managing director of Refex Energy , said.
Setting up a solar power plant in TN is about 8% more expensive than in other states since companies have to pay between 5% and 14.5% more as taxes while procuring solar equipment, and liaisoning costs are higher.
A company that wants to set up a 10MW solar plant in Tamil Nadu would have to shell out about `3 crore more as the state imposes value added tax (VAT) of 5% on equipment required for solar plants."Andhra Pradesh, Maharashtra and Punjab offer full VAT refund. Tamil Nadu's solar policy offers no such exemption," Dakshinamoorthy Arumugam, director of Marigold Steel and Power, said.
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