“…Active research in supramolecular chemistry involving efficient water soluble macrocyclic hosts have aroused immense interest in molecular recognition field due to their potential applications in chemotherapy, drug delivery, pharmaceuticals, imaging, sensors,, on–off switches, food industry,, catalysis,, nanotechnology,, functional materials, etc. Supramolecular host‐guest assemblies constructed through non‐covalent interactions are highly reversible, dynamic and easy to tune by the influence of external stimuli like light, temperature, pH,,,, competitive analyte,,, etc., which provides these assemblies to be amenable for execution of many “on demand” roles at targeted sites and specific sensing .…”