Opportunity India Desk

India has the third largest start-up ecosystem in the world. The entrepreneurial spirit further fuelled by initiatives such as ‘Make in India’ and ‘Atmanirbhan Bharat’, are seeing the birth of homegrown brands throughout the country. The textile sector in particular is one of India’s oldest and largest industries. It has seen a boom and as ...

D2C caffeine-infused personal care brand mCaffeine aims to clock a revenue of Rs 7000 crore by FY24 as it expands its presence across online and offline channels and bolsters its product portfolio. Mumbai-based Pep Technologies, that owns mCaffeine, is also looking at adding to its team in order to take its headcount to about 200 ...

India’s largest online marketplace for used automobiles, Cars24 Services has closed a US $ 450 million round of funding that has almost doubled its valuation to US $ 1.84 billion. The funding round includes a US $ 340 million Series F equity round, coupled with US $ 110 million debt from multiple financial institutions, the ...

US private equity major Advent International has signed an agreement to buy Indian water purifier and vacuum cleaner manufacturer Eureka Forbes, the firm said, valuing it at Rs 4,400 crore, including debt. Advent, which administers US $ 75 billion in assets, will purchase the home apparatus business from Shapoorji Pallonji (SP) Group, finishing a long time ...

BYJU’S—the establishment in personalized learning with more than 100 million students on its platform—and K-12 creative coding platformTynker, recently announced that they have entered into a definitive agreement for BYJU’S to acquire Tynker, further accelerating BYJU’S U.S. market expansion. The acquisition will enable Tynker to introduce its creative coding platform to even more kids, educators, ...

Liquor startup Boutique Spirit brands recently announced raising INR 80 crore in the combination of equity and debt by IIFL, Anicut Angel Fund, Kae capital, Narendra Madhusudan Murkumbi, and Vikramaditya Mohan Thapar Family Trust. TradeCred came in as a debt partner with INR 60crore. Five family offices on the TradeCred platform participated in the debt ...