Pune's Startup and Business Highlights: WingManX Awards, IIFL Finance NCDs, and More
The inaugural WingManX Awards 2025–26 concluded in Pune on February 15, celebrating individuals and communities shaping India’s motorcycling culture. Bringing together riders, community leaders, and guests, the event marked India’s first large-scale recognition platform dedicated exclusively to rider-led and grassroots contributors within the motorcycling ecosystem. Founder and chief executive officer (CEO) Nilesh Sane said, “The platform was built to help motorcyclists connect meaningfully and ride with accountability. The awards recognise riders and communities who consistently set higher standards for others.”
IIFL Finance announced in Pune the launch of a public issue of secured redeemable non-convertible debentures (NCDs) opening on February 17 with an issue size of ₹500 crore and a green-shoe option to retain oversubscription up to ₹1,500 crore, aggregating to a total of ₹2,000 crore. The funds raised will be utilised for business growth and capital augmentation.
Chrysalis Entrepreneur Forum (CEF) has officially achieved a Guinness World Records title for conducting the World’s Largest Box Cricket Tournament held in Pune. Recognised by Guinness World Records for the World’s Largest Box Cricket Tournament, the event brought together 726 employees across 66 teams, exclusively from small and medium enterprises. This achievement highlights the innovative and engaging team-building activities that are becoming increasingly popular in the business community of Pune.
Pune, known for its vibrant startup ecosystem and robust business environment, continues to attract significant attention and investment. The city’s strategic location, skilled workforce, and supportive infrastructure make it an ideal hub for both established companies and emerging startups. The WingManX Awards, IIFL Finance’s NCD launch, and the record-breaking cricket tournament are just a few examples of the dynamic and diverse business landscape in Pune.
For those interested in the motorcycling industry, the WingManX Awards serve as a platform to celebrate and recognize the contributions of individuals and communities. The event not only promotes the motorcycling culture but also emphasizes the importance of safety and community engagement. Nilesh Sane’s vision of connecting motorcyclists meaningfully aligns with the growing trend of responsible and community-driven initiatives in the industry.
IIFL Finance’s decision to launch a public issue of NCDs demonstrates the company’s commitment to expanding its business and strengthening its capital base. The funds raised from this issue will be crucial for supporting various business growth initiatives and capital augmentation projects. This move is expected to enhance IIFL Finance’s market position and contribute to the overall financial health of the company.
The achievement of the Guinness World Records title by CEF for the World’s Largest Box Cricket Tournament is a testament to the creativity and teamwork prevalent in Pune’s business community. The event not only broke a world record but also provided a unique platform for employees from small and medium enterprises to come together and engage in a fun and competitive activity. Such initiatives help in building a strong and cohesive team, fostering a positive work environment, and enhancing employee morale.
In conclusion, Pune’s business landscape is witnessing significant developments across various sectors. The success of events like the WingManX Awards, the launch of NCDs by IIFL Finance, and the record-breaking cricket tournament highlights the city’s potential and the innovative spirit of its business community. As Pune continues to grow and evolve, it is poised to become a leading hub for startups, investment, and corporate activities in India.
