Opportunity India Desk

Direct-to-customer (D2C) online casual sneakers brand Flatheads announced that it has raised US$ 1 million (around 7.3 crore) in a funding round led by start-up investment platform We Founder Circle and Dexter Angels. The pre-series A round also saw participation from other investors including Gaurav Kapur (TV presenter and founder, Oaktree Sports), Sahil Barua (cofounder, ...

Hyperice, a global wellness brand, on Thursday announced Indian cricketer Virat Kohli as a Hyperice athlete-investor and new brand ambassador. Through the partnership, Virat Kohli will work collaboratively with Hyperice to further accelerate the wellness category as it begins its expansion into India and continues its growth throughout the globe. Virat Kohli joins an unmatched ...

eShipz—a Bengaluru-based software-as-a-service (SaaS)-based startup offering shipping automation to SMBs and large enterprises—recently received $700,000 in a funding round led by Indian Angel Network (IAN). The round saw participation from existing investor Axilor Ventures. The startup is incubated by Axilor, JioGenNext, SAP Startup Studio, and IIM-B NSRCEL. eShipz plans to utilize the fresh funds to ...

The GST council may discuss a proposal to treat food delivery apps such as Zomato and Swiggy as restaurants and levy 5 percent GST on supplies made by them in a meeting tomorrow. A proposal to make the delivery platforms liable to pay the Goods and Services Tax (GST) on restaurant ...

Azure Hospitality, which has under its banner, some of the most iconic brands of the city such as Sly Granny, Mamagoto, Foxtrot and Dhaba, enters into cloud-kitchen segment. The idea behind Jhoom, both menu and packaging, is to create a brand that celebrates the traditional and regional cuisines of India but made ...

The hospitality sector has been among the hardest hit during the pandemic. Lockdowns, government restrictions in timings, concerns of infection and reduction in leisure and business travel have caused massive disruption. Only a small percentage of revenues come through takeaways and delivery, hence restaurants also suffered large losses and many have closed down. ...