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Opportunity India Desk Nov 12 2021 - 2 min readA home and sleep solutions company, Wakefit has raised Rs 200 crore in a Series C funding round from investors led by US-based SIG, a global trading and investment firm headquartered in Pennsylvania. The funding round in which existing investors Sequoia Capital India and Verlinvest also participated values the company at over Rs 2,800 crore, according ...
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Opportunity India Desk Nov 12 2021 - 2 min read50 percent of families have increased spending on essential items, 18 percent of households increase in non-essential purchases. Overall household spending has increased for 63 percent of families in November, a surge of 7 percentage points from the previous month. With more people now venturing out for outdoor activities, the signs of health-related caution ...
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Opportunity India Desk Nov 12 2021 - 2 min readThe global sales of personal luxury goods is expected to reach $327 billion this year, bouncing back from the crisis with a 4 percent increase, at constant exchange rates, compared to 2019, before the pandemic hit. The largest players in the industry like LVMH, Hermes and Kering have already recovered strongly from the health crisis, pushing ...
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Opportunity India Desk Nov 12 2021 - 3 min readEver since the pandemic has hit the nation, restaurant business was hit the large. From being shut for the longest time to back in operations with several SOPs that were tough to be followed, restaurants faced the brunt at large. Once the restaurants were back in action, it was also mandated that the ...
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Opportunity India Desk Nov 11 2021 - 5 min readBy Mr. Ronak Chiripal, CEO, Nandan Terry The Ministry of Micro Small and Medium Enterprises (MSME) manufacturing firms have been imperative to the growth of the Indian economy. These small to medium sized ventures have always contributed largely to the country’s Gross Domestic Product (GDP), hence contributing to different aspects of its ...
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Opportunity India Desk Nov 11 2021 - 4 min readMany people desire to build multimillion-dollar businesses. They look for opportunities by heart and soul but rarely take any action for business Ideas. However, they should understand that ideas are the foundation of every business. Ideas determine whether the business will work or not. Any business out there was once an idea. If the Idea ...