Furniture And Decor Inspired By Patrone’s 2019 Color Of The Year: Living Coral

Pantone announces their 2019 Color Of The Year!Getty

Pantone just announced their 2019 color of the year is Living Coral. They describe it as “an animating and life-affirming coral hue with a golden undertone that energizes and enlivens with a softer edge.”

Designers React

Designers are very excited about this choice including Aurore Martial of Domus Venus who told me, “After Ultra Violet last year, we’re definitely entering into an era of warmer and happier tones. Earthy tones are really in vogue, reminiscent of the 70s color palettes. I think we see a lot more of these pastel warm colors these days that are easily combined together to create beautiful mixes. I’d happily put it next to green shades or desert tones. It’s good to see more life coming in, this Living Coral is breathing a fresh air of happiness in interiors, hopefully, people won’t be as scared of using color in their homes too. If they are, and still want to stick to neutrals, the coral could be used as a nice contrasting color on accessories or woodwork.”

As Martial explained, this color might the mood-boosting shade we all need in our homes right now, “I like the addition of ‘living’ next to coral. It makes the traditional coral tone brighter and more invigorating. I almost feel in spring when I see it, yet it feels quite soothing too.”

How To Add Orange

An orange guest room.
[“source=forbes]

Drivezy raises $20 million in funding round led by Das Capital

(From left) Drivezy co-founders Ashwarya Singh, Vasant Verma and Hemant Kumar Sah.

Car and bike rental platform Drivezy on Wednesday said it has raised $20 million in a Series B round led by existing investor Das Capital, an early-stage venture capital firm founded by serial entrepreneur Shinji Kimura. Yamaha Motor Co. Ltd and Axan Partners, among others, also participated in the round, said Drivezy co-founder Abhishek Mahajan. With this, it has so far raised about $31 million from external sources.

The money will be used to improve the startup’s technology infrastructure, besides strengthening its marketing initiatives across India. The company, which also raised an additional $100 million through an asset financing deal, plans to deploy about 50,000 vehicles over the next three years.

The Bengaluru-based peer-to-peer car and bike rental platform offers vehicles on an hourly, daily and monthly basis, for ₹100-2,500 per day, depending on the vehicle.

Drivezy was founded in 2015 by Mahajan, Amit Sahu, Ashwarya Singh, Hemant Kumar Sah and Vasant Verma. The platform allows vehicle owners to offer their cars and bikes on rent to registered customers.

“The sharing economy in India is thriving and has picked up real pace in the past five years, especially within the mobility sector. With less than 8% of Indian citizens owning a car, the rapidly growing car and bike sharing industry could provide convenient and sustainable mobility to millions of urban Indian residents. This fresh investment will allow us to cement our foothold as the market leader in the growing vehicle sharing market in Indian,” Drivezy CEO Ashwarya Singh said in a statement.

The platform is operational across eight cities, including Mumbai, Pune and Hyderabad, catering to 37,000-40,000 customers a month. Out of the total customer base, 60% people are two-wheeler users, and the company expects that number to reach 70% in the next two years, said Mahajan.

Investors are pouring funds into scooter rental startups, including Vogo (backed by ANI Technologies Pvt. Ltd. and Hero MotoCorp Ltd), Rapido and Bounce, Mint reported in this month. Sachin Bansal, co-founder of Flipkart, is also planning to invest about $100 million in electric scooter startup Ather Energy.

[“source=cnbc”]

Mercury Sulfate Category – Procurement Insights and Spend Analysis by SpendEdge

Mercury Sulfate Procurement Report. (Graphic: Business Wire)

LONDON–(BUSINESS WIRE)–SpendEdge, a global procurement intelligence advisory firm, has announced the release of their ‘Mercury Sulfate Market Procurement Report.’ The insights and data provided in this report provide a strategic analysis of the supply markets, factors influencing purchasing decisions, procurement best practices, pricing models, supplier landscape, and an analysis of the supplier capability matrix for the chemicals industry. This report breaks down the data and analysis behind the procurement of mercury sulfate and acts as an all-inclusive guide for making smart purchasing decisions.

“The demand for mercury sulfate is highly dependent on end-user industries such as chemical, consumer electronics, automobile, and pharmaceutical,” says SpendEdge procurement analyst Tridib Bora. “Also, the suppliers in the mercury sulfate market are involving in M&A to enhance their production capabilities and increase their geographical presence across niche penetrated regions,” added Tridib.

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Procurement analysts at SpendEdge highlight the following top three market trends that are contributing to the growth of the Global Mercury Sulfate Market:

  • Increase in the use of mercury sulfate for water treatment
  • Increase in R&D investments to meet industry-specific requirements
  • Rise in M&A activities

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Increase in the use of mercury sulfate for water treatment:

Globally, the gradual rise in the sea levels has resulted in the need for improving the water treatment of water bodies. The procedure involved in the water treatment includes the addition of mercury sulfate, which separates the sulfate by forming methylmercury. In addition, the use of mercury sulfate also helps the buyers for the treatment of freshwater, and the treated water can also be used for domestic requirements.

Increase in R&D investments to meet industry-specific requirements:

Globally, the suppliers are steadily improving their investments in R&D to increase their production capabilities to meet the specific requirements of the end-user industries. The industry-specific grades are offered with varying properties and purity levels based on end-user applications of mercury sulfate. In addition, a gradual increase in the R&D investments also helps the buyers to adhere to regulations such as ECHA (EU), FDA (US), and EPA (US), which are set forth by the government.

Rising M&A activities:

The mercury sulfate market is highly fragmented with the presence of numerous regional and global suppliers across the globe. This has prompted the suppliers in the market to increase their M&A activities to reach out to a wider target audience. Moreover, it also helped the suppliers to strengthen their financial, technical, and production capabilities.

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Related Reports:

  • Global Crude Oil Category – Procurement Market Intelligence Report
  • Global Sodium Citrate Category – Procurement Market Intelligence Report
  • Global Fertilizers Category – Procurement Market Intelligence Report
  • Global Synthetic Food Colors Category – Procurement Market Intelligence Report

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[“Source-businesswire”]