Articles

Steel Tech Hub To Be Set Up At IIT Bombay

Opportunity India Desk Aug 19, 2022 - 3 min read

In order to set up a technology hub for steel manufacturing in the country, JSW Group has signed an agreement with Indian Institute of Technology-Bombay (IIT Bombay). This hub is being set up with the objective of rapidly expanding production of quality steel, while maintaining carbon emissions within the target levels. The partnership with IIT ...

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Two-Day Franchise India 2022 Starts On August 20

Opportunity India Desk Aug 19, 2022 - 7 min read

Franchise India is going to organise its 18th International Franchise and Retail Show under the umbrella of Franchise India 2022. This event will witness the participation of more than 500 indigenous brands and over 100 global brands along with over 40 thousand business buyers and over 10,000 High Net worth (HNI) investors. The two-day event will ...

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Tiger Global Invests USD 22.6 Million in Jar; Fintech Start-up Reaches USD 300 Million

Opportunity India Desk Aug 19, 2022 - 2 min read

Saving and investment platform, Jar, has announced to raise a funding amount of USD 22.6 Million in series B round. This Series B round was led by, American Investment firm, Tiger Global Management and helped the company to reach valuation of USD 300 million. The application has the access to look at users' transaction history ...

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Restaurants Are Free To Levy Service Charge On Food Bills: Delhi HC

Opportunity India Desk Aug 19, 2022 - 3 min read

The Delhi High Court said that stay on Central Consumer Protection Authority (CCPA) guidelines will continue and restaurants are free to levy service charges on the food bills till August 31. It also asked the CCPA to move its single-judge bench for vacating the stay on its guidelines restraining such charges at eateries. A Bench ...

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NPCI International Signs PayXpert As UK’s First Acquirer For UPI And RuPay

Opportunity India Desk Aug 19, 2022 - 3 min read

NPCI International Payments Limited (NIPL), a wholly-owned subsidiary of National Payments Corporation of India (NPCI) has signed an MoU with the payments solutions provider PayXpert to internationalise the acceptance of its payment solutions in the UK. This collaboration will make the Indian payment solutions available in the UK on all PayXpert’s android point-of-sale (POS) devices ...

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Shiprocket Raised INR 259 Cr in Series E, Adds Itself To The List Of Unicorns

Opportunity India Desk Aug 18, 2022 - 3 min read

The logistics startup Shiprocket has raised INR 259 crore in an extended Series E round, making it the newest unicorn in India. Existing investors such as Temasek, Bertelsmann, Moore, PayPal, and others led the round. With a round valuation of USD1.2 billion, Shiprocket becomes the 20th unicorn startup in India overall and the 106th overall ...

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Yes Bank To Cater ‘Future Tech Businesses Of India’ With Its Investment In Venture Catalysts

Opportunity India Desk Aug 18, 2022 - 2 min read

The integrated incubator Venture Catalysts Group Funds (Venture Catalysts), which provides capital, mentoring, and a network to startup founders from the concept ideation stage to the growth stages of the startup journey, received an investment from Yes Bank on Wednesday. With this investment, the bank hopes to advance its purpose of supporting "Future Tech ...

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Most Profitable-Manufacturing Businesses to Start in India

Opportunity India Desk Aug 18, 2022 - 8 min read

The manufacturing business always demands a large sum of investment in the beginning. Still, once your business gets established, it will give you considerable profits and help you grow. Also, if you relied on some ideas to help you succeed in this fast-growing competitive world. Because there is a massive competition between them. Some small-scale ...

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Lal10 Expands Its Operations In Japan In Association With Spiral Ventures

Opportunity India Desk Aug 18, 2022 - 2 min read

Fast-growing wholesale cross-border platform Lal10 has announced that it is expanding its footprint in Japan in association with Spiral Ventures. With this, the start-up has created a Japan-dedicated platform for the buyers, japan.lal10.com, who want to source ethically made artisanal products from verified Indian craft manufacturing MSMEs. The team hosted a road show where it ...

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Firms Directly Moving The Court Will Face Junked Plea: SC

Opportunity India Desk Aug 18, 2022 - 2 min read

Suggesting companies to go for mediation before moving the courts, the Supreme Court said that if companies involved in disputes do not follow the pattern, the matter will automatically be rejected. The development assumes significance as in cases of disputes companies are required to do the same under Section 12A of the Commercial Courts Act ...

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