Articles
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Opportunity India Desk Aug 10, 2022 - 3 min readWith an aim to provide domestic manufacturers room in mobile phone market in the country, the central government has come up with a three-pronged strategy to create entry barriers for Chinese manufacturers in the below INR 12000 cell phone segment. If the Chinese handset makers do not agree with the set of conditions the government ...
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Opportunity India Desk Aug 10, 2022 - 3 min readA Delhi-based bakery cafe has opened its tenth store in West Delhi’s Vishnu Garden area after following the enormous success of previous stores. Dough & Cream is accessible all throughout Delhi via their website, Zomato, and Swiggy. In well-known Delhi neighbourhoods like Janakpuri, Moolchand, and Vikaspuri, among others, Dough & Cream has a number of ...
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Opportunity India Desk Aug 10, 2022 - 3 min readThe latest survey conducted by Reserve Bank of India (RBI) has suggested further moderation could be on the cards after CPI inflation breached the apex bank’s 6 per cent tolerance limit for the fifth month in a row in June. According to the survey, households expect the inflation to have moderated by as much as ...
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Opportunity India Desk Aug 10, 2022 - 3 min readBlending locally produced ethanol with petrol will help country strengthen its energy security and reduce imports among other benefits, Bharat Petroleum Corporation Limited stated on the occasion of World Biofuel Day. The second largest Indian Oil Marketing Company and one of the premier integrated energy companies in India, has reiterated the strategic importance of biofuels in ...
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Opportunity India Desk Aug 09, 2022 - 3 min readJust a week after its third acquisition in a month, leading online education platform upGrad has raised USD 210 million in a fresh funding round becoming an outlier in an otherwise slow edtech market in India. The funding round was led by US testing and assessment provider ETS Global and Bodhi Tree, an investment vehicle ...
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Opportunity India Desk Aug 09, 2022 - 2 min readTechnology focused wealth management platform, Dezerv Investments Pvt. Ltd., has announced to raise USD 21 Million (around INR 167 Cr) from venture capitalist Accel Partners. The funding took company’s valuation to USD 100 million. Investors like Elevation Capital and Matrix Partners India Also participated in the round. However the company did not disclose the distribution ...
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Opportunity India Desk Aug 09, 2022 - 4 min readIn today’s world, technological advancement has brought a major change in consumer behaviour and purchase habits while online and digital payments have become extremely popular with consumers. Now, Buy Now Pay Later (BNPL) has caught the fancy of consumers. According to recent global survey almost 57 per cent consumers strongly felt that BNPL has the ...
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Opportunity India Desk Aug 08, 2022 - 3 min readLetsVenture Foundation will collaborate with MeitY Startup Hub to fund up to USD 100,000 in indian start-ups through the government's SAMRIDH startup accelerator programme. In the first phase, the foundation will invest in eight firms.The alliance will primarily invest in companies in several fields such as deeptech, gamingtech, fintech, and software-as-a-service (SaaS).LetsVenture made the news ...
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Opportunity India Desk Aug 08, 2022 - 2 min readMonth on month sales of electric two wheeler, Ola Electric, has seen a downfall of 42 percent for the month of July. The company sold 5,784 Vehicles in June 2022 while sales number of July remained stagnant at 3,426. This downfall is seen as a consequence of chip shortage and spill-over effects of inflationary pressures. ...
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Opportunity India Desk Aug 08, 2022 - 3 min readOver 1.5 lakh kirana stores in the country have opted to become an MSME through Udyam registration since the government revised MSME guidelines last year, Minister of State for MSMEs Bhanu Pratap Singh Verma said. Former MSME Minister Nitin Gadkari in July 2021 had announced the inclusion of retail and wholesale trades under the MSME ...