Articles
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Opportunity India Desk Aug 26, 2022 - 3 min readIdentifying huge tax evasion in the online gaming industry, the Central Board of Direct Taxes (CBDT) wants the players who win the games to use the updated income tax return (ITR-U) scheme to disclose their incomes and pay the right amounts of taxes with applicable interest. The chairman of CBDT, Nitin Gupta said that the ...
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Opportunity India Desk Aug 26, 2022 - 3 min readBengaluru based skincare start-up, Deconstruct Skincare, has raised USD two million in funding led by Kalaari Capital’s flagship program, CXXO, and Venture Capitalist firm, Beenext. The company says that the raised amount will be used to increase research and development, hiring and production capacity. Doing this will eventually help the company in achieving its aim to become an INR ...
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Opportunity India Desk Aug 26, 2022 - 3 min readBharti Telecom, the promoter firm of Bharti Airtel is set to buy 3.33 per cent stakes in the company from existing stakeholder Singapore’s Singtel for INR 12,895 crore (USD 1.61 billion) leaving Singtel with 29.7 per cent shares in the company, it said in a statement. According to the statement, the sale will happen over ...
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Opportunity India Desk Aug 25, 2022 - 4 min readSummit India is organising an event named “Aatmnirbhar Bharat ki Bhagedari” to honour the achievers in different fields. The event will be attended by various cabinet ministers, national award winners and other eminent personalities. Union Minister for Animal Husbandry, Dairying and Fisheries, Parshottam Rupala, will be the chief guest for this event. Along with him, ...
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Opportunity India Desk Aug 24, 2022 - 3 min readSustainable mobility startup Dandera Ventures today said that it is planning to launch its first commercial Electric Vehicle (EV) in the Indian market in September 2022. The company also mentioned that the vehicle it is planning to launch has successfully completed road tests for the EV. the launch will only happen once the the process of setting ...
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Opportunity India Desk Aug 24, 2022 - 2 min readNeuron Energy Pvt. Ltd, a battery manufacturing start-up making and supplying Lithium-Ion and Lead Acid batteries to the EV sector in India, announced its partnership with Electric Vehicle Giant E-Ashwa Automotive. The purchase order includes 600 battery packs per month and 10,000 battery packs annually. The deal is supposed to get closed at whopping INR ...
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Opportunity India Desk Aug 24, 2022 - 2 min readUncertainties in the geopolitical and macroeconomic world are turning investors of Asia Pacific region (APAC) more and more risk averse. Despite having good results in the Quarter 1 and 2 of 2022, average of first month of Quarter 3 is cuing towards the headwinds coming with monsoons. In July 2022, a total of 1,342 deals ...
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Opportunity India Desk Aug 24, 2022 - 3 min readBuy Now Pay Later (BNPL) solution offered by PayU Finance, LazyPay, has announced its partnership with retail commerce aggregator, Dukaan. This partnership is said to be aimed at catering to small businesses ecosystem. Dukaan, with the help of its app, lets retailers get an online presence. On the other hand LazyPay lets customers get small ...
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Industry Leaders Shares Secrets to Be Successful Start-ups in Franchise India's Start-up Summit 2022Opportunity India Desk Aug 22, 2022 - 5 min readFranchise India has organised 18th edition of Franchise and Retail Expo, on 20th and 21st August 2022. The show, mainly intended to serve the start-ups and entrepreneurs, included a summit named ‘Start-up Summit 2022’. The summit included popular names from the various industries, Like Managing Director and CEO of Open Network for Digital Commerce, T ...
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Opportunity India Desk Aug 22, 2022 - 3 min readA joint venture firm between Housing Development Finance Corporation Limited (HDFC), and ERGO International, has launched the country’s first one-stop-solution portal for Electric Vehicles (EVs) named as 'All Things EV,' (EV). In line with the Government of India’s push for Electric Mobility, this initiative caters to the needs of existing potential EV users. As a part of ...