Left Menu
Development News Edition

DNA Entertainment Networks invests Rs 4 cr in eco tourism start-up B:Live

PTI | New Delhi | Updated: 13-09-2019 20:33 IST | Created: 13-09-2019 20:33 IST
DNA Entertainment Networks invests Rs 4 cr in eco tourism start-up B:Live

DNA Entertainment Networks Pvt Ltd on Friday said it has invested Rs 4 crore in experiential eco tourism startup 'B:Live' to help the latter expand its presence in India and strengthen its technology platform. B:Live had raised Rs 1 crore earlier this year as seed capital fund which was led by Goa-based Dempo Group Chairman Shrinivas V Dempo and Vimson Group Chairman and Managing Director Shivanand V Salgaocar.

It works closely with multiple state governments to encourage early adoption of electric vehicles (EVs) across all tourist destinations in India and plans to bring curated experiences powered by EVs. DNA has made a strategic investment in B:Live to help build unique travel experiences led by innovation and technology, the company said in a statement.

Speaking about the investment, DNA Networks Chairman and Managing Director T Venkat Vardhan said, "Experiential tourism industry is growing more than 100 per cent year on year. While electric vehicles are the future of mobility. The company has pioneered the way for experiential eco tourism initiatives in India with an exemplary business model which is poised for growth." B:Live combines EVs with experiential tourism, he added.

Founded by Samarth Kholkar and Sandeep Mukherjee, B:Live offers tourists experience of the culture and heritage of a destination on smart electric cycles without compromising on comfort and style. Currently, it is operational in Goa, Puducherry and Gujarat.

"With strong support from Ministry of Tourism, state governments and major Hospitality chains, we aim to launch across 10 new locations in India in the next 12 months and 30 locations by 2023. We are also exploring popular experiential tourism destinations in South East Asia and have received a good market response," B:Live founders Samarth Kholkar and Sandeep Mukherjee said.


TRENDING

OPINION / BLOG / INTERVIEW

Post-COVID-19 Nigeria needs a robust Health Management Information System to handle high disease burden

Nigeria is among a few countries that conceptualised a health management information system HMIS in the early 90s but implementation has been a challenge till date. Besides COVID-19, the country has a huge burden of communicable and non-com...

Morocco COVID-19 response: A fragile health system and the deteriorating situation

Learning from its European neighbors, Morocco imposed drastic measures from the initial stages of the COVID-19 outbreak to try to contain its spread. The strategy worked for a few months but the cases have surged after mid-June. In this sit...

COVID-19: Argentina’s health system inefficiencies exaggerate flaws of health information system

You can recover from a drop in the GDP, but you cant recover from death, was the straightforward mindset of Argentinas President Alberto Fernndez and defined the countrys response to COVID-19. The South American nation imposed a strict...

Rwanda’s COVID-19 response commendable but health information system needs improvement

Rwanda is consistently working to improve its health information system from many years. However, it is primarily dependent on the collection and reporting of health data on a monthly basis. Besides, evaluation studies on Rwandas HIS publis...

Videos

Latest News

U.S. Justice Department proposes changes to internet platforms' immunity

President Donald Trump met with nine Republican state attorneys general on Wednesday to discuss the fate of a legal immunity for internet companies after the Justice Department unveiled a legislative proposal aimed at reforming the same law...

Oil-trading bribery probe widens with new U.S. charges, guilty pleas

U.S. prosecutors charged a former U.S. employee of a Swiss energy trading firm with bribery and a Florida company pleaded guilty to bribery as a probe into corruption in energy trading widened in the United States.Authorities in the United ...

Crews make headway against massive California wildfire

Firefighters notched a victory in their battle to beat back a massive blaze raging outside Los Angeles, more than doubling containment in the past 24 hours, the U.S. Forest Service said on Wednesday.The Bobcat Fire, which has been burning i...

California plans ban on sale of new gasoline-powered passenger vehicles in 2035

California plans to ban the sale of new gasoline powered passenger cars and trucks starting in 2035 as the top U.S. auto market shifts to electric vehicles to reduce climate-warming emissions, Governor Gavin Newsom said on Wednesday. The dr...

Give Feedback