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Business Wire India - Multimedia: Digest for April 16, 2024

Business Wire India - Multimedia

Multimedia By Business Wire India
Business Wire India

MIRAI Capital Global (MCG), a premier global investment fund, proudly announces a transformative expansion marked by the appointment of distinguished industry leaders to its Investment team and Advisory board. This strategic move reinforces MCG's position, fortifying its capabilities with unmatched expertise across diverse sectors to propel the firm's global investment endeavours.
 
Under the visionary leadership of HH Sheikh Ahmed bin Faisal Al Qassimi, whose ethos centres on human capital as the true wealth, MCG is committed to attracting top-tier talent and nurturing business growth leveraging UAE for global markets. His Highness' relentless belief in empowerment underscores MCG's team expansion with the appointment of eminent leaders driving change and delivering significant value through their wealth of experience.
 
"We are thrilled to see the team expansion for MIRAI Capital Global with such remarkable global talent," said Dunston Pereira, Group CEO of the Royal Office of HH Sheikh Ahmed bin Faisal Al Qassimi for Strategic Alliances & Policies. "Their expertise will be instrumental in sourcing appropriate investment opportunities outside of UAE for business that is looking at expanding and leverage the policies and infrastructure in UAE and GCC markets, while also ensuring we meet all the strategic goals of this fund with the Royal Patronage. I am confident in this team and Chief Investment Officer and my esteemed colleagues' ability to forge synergistic ties across the US, GCC, and Asia. Together, we are not just bridging geographies; we are crafting a better world, grounded in mutual benefit and strategic achievement for long term."
 
"It is truly satisfying to witness the addition of global talent, united in the pursuit of our vision for MIRAI Capital," said Pranav Jyoti, the Co-founder and Managing Director of MCG. "With a targeted approach towards the rapidly expanding markets of the US, India, and UAE, this investment and advisory team holds the potential to unlock tremendous opportunities for growth and prosperity. Under the blessings of HH Sheikh Ahmed bin Faisal Al Qassimi, we have not only bought globally capital to UAE but also aim to bring the gems who will be the next googles of the world with a MENA and Asia consumption."
 
"As a team, we firmly believe in surrounding ourselves with people who are smarter than us," said Puneet Pandit, Co-founder and CEO of MCG. "Also, by bringing together individuals with diverse skill sets and perspectives, this team can now help us navigate the complexities of different cultures, regulations, and business practices as we grow MCG in the future."
 
Strategic Announcements:
 
Devang Mehta, the newly appointed Venture Partner focused on Secondaries market, brings a wealth of operational and investment experience to MCG. Formerly a General Partner at Anthill Ventures, Devang's career spans across India and Silicon Valley, including notable roles at Morningstar (Nasdaq: MORN), eTouch (acquired by Virtusa), and Glassbeam (Series B funded Analytics firm). Holding degrees in Computer Science and Engineering, and an MBA from Carnegie Mellon University's Tepper School of Business, Devang has invested in and incubated firms across various sectors, notably Gaia Smart Cities (IoT) and Erlysign (Early Cancer Detection using saliva).
 
"The move into the Secondaries market presents a compelling opportunity for MCG," commented Devang Mehta. "Our investments will aim to catalyse wealth creation across all stakeholders, offering attractive liquidity paths for investors."
 
Rakesh Vaidyanathan will assume the critical role of Venture Partner focused on US & Latin America sector helping raise new capital and bridging strategic discussions with funds and start-ups in that region. Rakesh has a BS in Electrical Engineering from Guindy Engineering School in Chennai along with MBA degrees from IIM Calcutta and Wharton School of Business. As the Founder Partner of The Jai Group, Rakesh has delivered tangible business growth through organic strategies and M&A engagements in diverse international markets for multiple businesses across several industry segments.
 
"Latin America, US and UAE regions form a very synergistic corridor to raise and deploy capital in Funds and Startups," said Rakesh Vaidyanathan. "With Jai Group's deep expertise in these regions, I am looking forward to working with MCG team to contribute towards its future growth."
 
Advisory Positions Based in US/Silicon Valley:
 
Dr. Peter Fitzgerald is a medical doctor who specializes in interventional cardiology. He is also a co-founder of Triventures, a VC firm focused on the healthcare sector in Palo Alto and Tel Aviv. Additionally, he is a Professor Emeritus at Stanford Medical School and holds a PhD in Computer Science. Dr. Fitzgerald has been involved in more than 150 clinical trials, has published over 450 manuscripts and chapters, and has founded 24 healthcare companies in Silicon Valley. His significant contributions to the industry have helped 18 of these start-ups transition through M&A and IPO efforts. He continues to serve on the advisory boards of several medium and large-cap healthcare companies.
 
"Global healthcare communities are on the brink of significant advancements especially with AI," said Dr Peter Fitzgerald. "Leveraging MCG team's vision & leadership will drive long-term value in the US, UAE, India, and beyond."
 
Ammar Hanafi is Co-Founder and General Partner of Moment Ventures specializing in early-stage tech startup investments targeting future of industry transformations. Ammar received a BS in Applied and Engineering Physics from Cornell University and an MBA from Stanford University. Prior to Moment, Ammar was at Alloy Ventures where he led investments in Mavenir Systems, Inc. (IPO in 2013 and acquired by Mitel in 2015) and Cortina Systems, Inc. (acquired by Inphi and Reltek in 2014) among others. Ammar previously served as VP of Corporate Development at Cisco Systems leading over 50 acquisitions and $750 million in venture capital investments.
 
"Talented entrepreneurs with deep domain experience are revolutionizing industries across the globe," said Ammar Hanafi. "As a founder of a Venture firm with deep experience in several B2B sectors, I am looking forward to advising the MCG team on its future growth."
 
Sri Peddu, is the General Partner and MD of Powerhouse Ventures focused on early-stage B2B tech ventures leveraging the US and India corridor. He leads his firm's Investment Advisory Team tasked to source innovation while conducting deep market and company-specific due diligence and execute investments. His team has led investments into category-defining companies such as BigYellowFish, Hectar, Novatr, Quizizz, Slintel (6Sense), Sybill, and Whatfix. Upon graduating with a Master's in International Affairs from The New School in New York City and a Bachelor's from Loyola University, Chicago, Sri was formerly with the World Bank in Washington, DC.
 
"Our fund's commitment to fostering innovation in the US-India market is truly at the right place and right time," said Sri Peddu. "Working as an Advisor to MCG team, I am eager to leverage my experience to contribute to its future success."
Business Wire India

Merck Foundation, the philanthropic arm of Merck KGaA Germany marks "World Art Day 2024" through their pan African Community of "Art and Fashion with Purpose", established by Senator Dr. Rasha Kelej, CEO of Merck Foundation to raise awareness about sensitive health and social issues in Africa and beyond.
 
Senator, Dr. Rasha Kelej, CEO of Merck Foundation and One of 100 Most Influential Africans 2019, 2020, 2021, 2022 and 2023 stated, "I am very happy to mark the 'World Art Day 2024', as I firmly believe that Art, Fashion and Media play a very significant role in raising awareness and address critical social and health issues thus bringing a culture shift in our communities. I have always said that Art and fashion have a purpose much beyond entertainment and looking good. With this thought, we came up with our first-ever Pan African TV program "Our Africa by Merck Foundation" which discusses and addresses various social and health issues relevant to Africa in a very unique way through our African Community of Fashion and Art with Purpose. Through this first-of-its-kind interactive Tv show, we are addressing and raising awareness about a wide range of issues like Ending Child marriage, Ending FGM, Stopping GBV, Breaking Infertility Stigma, Supporting Girl Education and Women Empowerment and Diabetes and Hypertension Awareness and more."
 
'Our Africa by Merck Foundation' is a pan African TV program that is conceptualized, produced, directed, and co-hosted by Senator, Dr. Rasha Kelej, CEO of Merck Foundation to feature African Fashion Designers, Singers, and prominent experts from various domains with the aim to raise awareness and create a culture shift across Africa. The program has captured the attention and hearts of millions of viewers across Africa.
 
The TV program has been broadcasted on prime TV stations of many countries like KTN HOME (Kenya), GH One & TV3 (Ghana), NTV (Uganda), BTV (Botswana) Mashariki TV (Burundi), QTV (The Gambia), LNTV (Liberia), Deffi Media (Mauritius), AYV (Sierra Leone), and ZNBC (Zambia) and many more. It will soon be broadcast on TV3 in Ghana, KTN in Kenya, Mibawa TV in Malawi, NTV in Uganda and ZTN in Zimbabwe. "Our Africa" TV Program is currently on social media handles of Senator, Dr. Rasha Kelej (Facebook, Instagram, Twitter and YouTube) and Merck Foundation (Facebook, Instagram, Twitter and YouTube).
 
Watch the Promo of the Program here: https://www.youtube.com/watch?v=_RIoIMbFd2Q
 
Merck Foundation in partnership with Africa's First Ladies, announces annually 8 important Awards, under two themes, for Media, Fashion Designers, Filmmakers and Musicians/ Singers, and potential young African talents in these fields. The themes of the two categories of awards are: 1) Breaking Infertility Stigma, Support Girls' Education, End Child Marriage, End FGM, Stopping GBV and/ or Women Empowerment at all levels and 2) promote a healthy lifestyle and raise awareness about prevention and early detection of Diabetes and Hypertension. The 2024 editions were announced during the 10th edition of Merck Foundation Africa Asia Luminary held in India in November 2023.
 
"It is very well known that in Africa, Art has a very rich cultural legacy and history. Hence, we launch these awards annually, with my dear sisters, the African First Ladies who are also the Ambassadors of Merck Foundation "More Than a Mother". Through our Awards, we aim to inspire the continent's youth to use their talents to address our important and critical social and health issues, by raising awareness through their creative work at all levels." Added Senator Kelej.
 
As a part of their Community Awareness Programs, Merck Foundation has created over 30 songs with many African Artists, in English, French, Portuguese and also local African languages to address critical issues like breaking infertility stigma, empowering women, supporting girl education, ending child marriage, diabetes awareness, promoting a healthy lifestyle, and more.
 
"Music and Art can influence us to make the problem felt, which further stimulates emotions and leads to engagement and action. Music has the power to touch the hearts and souls of people, bind communities, and bring about a cultural shift in society," says Dr. Kelej.
 
Merck Foundation in partnership with The First Ladies of Africa has also launched 8 Children's Storybooks in English, French, Portuguese.
 
"We have created 4 Animation Films in English, French, Portuguese and Spanish language to instill early awareness of social and health matters, fostering empathy, understanding, and informed decision-making in young minds, we focused on Diabetes and Hypertension awareness through "Sugar Free Jude" and "Mark's Pressure", and the other two films are about supporting girl education "Jackline's Rescue" and "Ride into the Future". We aim to inspire our youth and children to lead a brighter, healthier future in our beautiful continent, Africa," emphasized Dr. Rasha Kelej.
 
To listen to the Merck Foundation songs and read the Merck Foundation storybooks, please visit:
https://merck-foundation.com/our-programs/Merck-Foundation-More-Than-a-Mother/Local-Songs-and-Children-Stories
 
Watch "Ride into the Future" Animation Film to emphasize on the importance of Girls Education, here: https://www.youtube.com/watch?v=CXuoXZVtNr8
 
Watch "Sugar Free Jude" First Diabetes Awareness Animation Film, here: https://www.youtube.com/watch?v=iefwLSbOGT4
 
"We will continue to use Art as a medium, to bring positive changes in our communities, in unique ways," concluded Senator, Dr. Rasha Kelej.
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