Apparel

Somany Ceramics eyeing at expanding into the electrical channel dealers

Opportunity India Desk Oct 19, 2019 - 1 min read

Somany Ceramics Limited is planning to expand into the electrical channel dealers. Currently, the company has about 500 dealers and 2000 retailers for its bathware segment. Abhishek Somany, MD, Somany Ceramics, said, “We would leverage our existing retail and distribution network for the product segment. Additionally, we will also be looking at expanding into the ...

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Embassy Group forays into co-living biz under the Olive Brand

Opportunity India Desk Jan 23, 2020 - 2 min read

Embassy Group, the real estate major, has ventured into the co-living business under the Olive Brand. The company will be investing Rs 2,000 crore for its expansion plans. Olive will be introducing its first experiential centre at Whitefield in Bangalore and its flagship project in Chennai with 2,500 beds in 2019. Its expansion plans include cities like ...

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Vinay Electrical Solutions eyes Rs 500 Cr revenue by 2022

Opportunity India Desk Feb 26, 2020 - 2 min read

One of India’s largest electrical device manufacturers, Vinay Electrical Solutions is eyeing a 500 crore revenue by the end of 2022. The company is slated to cross 260 crore in revenue by March 2020 with a 40% jump from the previous year. This tremendous growth has been on the back of rapid penetration in India ...

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Thadomal Shahani Centre for Management Expands reach with New Franchise location in Mumbai

Opportunity India Desk Mar 12, 2020 - 2 min read

Thadomal Shahani Centre for Management (TSCFM), one of India’s premier management business schools and part of The Shahani Group of Institutions, launched its new franchise location at Nalasopara, Mumbai. The Thadomal Shahani Centre for Management has recently expanded its portfolio to offer Indian students globally recognised courses like a Bachelor of Business Management and Doctor ...

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WoodenStreet starts second South Indian expansion drive by opening 2 new stores

Opportunity India Desk Mar 16, 2020 - 2 min read

Investing a total of Rs 5 crore (approx), custom furniture startup WoodenStreet has begun its second South Indian expansion drive by opening two new experience stores in Hyderabad. These stores are located in Banjara Hills and Miyapur. The first such expansion drive within South India had erected three experience stores within Bengaluru in HSR Layout, ...

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Stanza Living launches customized living spaces for working professionals

Opportunity India Desk Mar 19, 2020 - 3 min read

Stanza Living, India’s largest student housing company, has expanded its value proposition by launching customized living spaces for working professionals. Starting with a combined 10,000 beds capacity across Bangalore, Hyderabad, Pune and Coimbatore, this will be a separate business line designed around the lifestyle needs of working professionals. At the same time, the company will ...

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Ferns N Petals aims to become Rs 1000 crore entity in 3 years

Opportunity India Desk Mar 21, 2020 - 2 min read

Ferns N Petals, India’s leading flower and gifting brand, strives to become Rs 1000 crore entity in the next three years, with a 35% growth year on year basis, by adopting the people-first approach and doing innovation in all spheres of business. The last five years’ turnover of the company was Rs 350 crores in FY18-19, ...

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Plant-based Clean Nutrition brand OZiva targets deeper penetration in India

Opportunity India Desk Jun 26, 2020 - 2 min read

Matrix Partners India has invested $5M in a Series A funding round in OZiva, a clean-label, plant-based nutrition brand. The round also saw participation from existing investor Titan Capital. OZiva was founded by Aarti Gill and Mihir Gadani in mid-2016, with the vision of building India’s leading clean, plant-based nutrition brand. The brand’s core differentiator lies in building ...

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Shiprocket intends to increase customer service teams at partners by 3x this quarter

Opportunity India Desk Aug 13, 2020 - 2 min read

India's leading tech-enabled D2C aggregator, Shiprocket has announced its plans to begin hiring in the current quarter of the year to fortify its existing team of 310 employees. Having hired 25 candidates in the last quarter (April-June), the e-commerce logistics aggregator plans to hire an additional 60 highly skilled applicants in the current quarter. The ...

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Cloud-kitchen player Smart Chef partners with Franchise India, to expand via franchising

Opportunity India Desk Sep 07, 2020 - 3 min read

With COVID-19 outbreak, the cloud-kitchen and delivery business has seen a boom in the country. Not only top restaurant majors have entered the segment but also many new players ventured into the cloud-kitchen market witnessing a surge in the category. Seeing the growth opportunity that the segment holds, Delhi-based SMART CHEF has announced their expansion ...

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