Articles
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Opportunity India Desk Apr 06, 2022 - 3 min readMahindra Electric Mobility Ltd, part of the Mahindra Group this Monday announced the launch of its new Alfa CNG Passenger and Cargo variants, based on its popular Alfa brand. The new variant is attractively priced at INR 2, 57,000.00 for the Alfa Passenger DX BS6 CNG and INR 2, 57,800.00 for the Alfa Load Plus ...
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Opportunity India Desk Apr 06, 2022 - 3 min readIn the biggest single day delivery ever seen in the country, Tata Motors, one of India’s leading automobile companies along with its dealer partners, today delivered 712 EVs (564 Nexon EVs and 148 Tigor EVs) to individual customers in Maharashtra and Goa. With a commanding market share of 87% (11M, FY 22) and ...
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Opportunity India Desk Apr 05, 2022 - 3 min readChargePoint Holdings, a leading electric vehicle (EV) charging network based out of Campbell, California, announced that Antara Capital LP has agreed to make a $300 million investment in ChargePoint through the purchase of convertible senior notes to support ChargePoint’s growth initiatives. ...
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Opportunity India Desk Apr 05, 2022 - 4 min readEnKash, an India-based, all-in-one spends management platform and corporate cards company has raised US$ 20 million as a part of its Series B round that was led by Ascent Capital and joined by Baring India and Singapore-based White Ventures. The round also saw participation from existing investors, Mayfield India and Axilor Ventures. EnKash has been a ...
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Opportunity India Desk Apr 05, 2022 - 3 min readGupshup, a global leader in conversational engagement, announced today the acquisition of Active.Ai, the leading Conversational AI platform used by banks and Fintech firms. The acquisition strengthens Gupshup’s customer experience (CX) solutions for BFSI customers.
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Opportunity India Desk Apr 05, 2022 - 4 min readBharti Airtel, India’s premier communications solutions provider, announced today to have successfully conducted India’s first Open Radio Access Network (Open RAN) based live 5G network validation in partnership with Mavenir, the Network Software Provider building the future of networks with cloud-native ...
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Opportunity India Desk Apr 05, 2022 - 3 min readMahindra Electric Mobility Limited, part of the Mahindra Group recently showcased its wide range of electric vehicles at the Pune Alternate Fuel Conclave with the display of Treo auto, Treo Zor Delivery Van, Treo Tipper variant, e Alfa Mini Tipper variant, and Atom quadricycle. The new age electric urban mobility solution for smart India’s last ...
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Opportunity India Desk Apr 05, 2022 - 5 min readCo-author - Dr. Manoj Joshi What is Fintech? Fintech is defined as a small entity (start-up) or a company offering the online application-oriented products aligning the Banking, Financial Services and Insurance (BFSI) domains using the industry 4.0disruptive innovation technologies. The offerings by fintech relate to ...
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Opportunity India Desk Apr 01, 2022 - 6 min readAxis Bank will shell out to Citi cash consideration of approximately $1.6 billion for the acquisition of the consumer business, subject matter to customary closing adjustments. The transaction comprises the sale of the consumer banking businesses of Citibank India, including credit cards, retail banking, and wealth management and consumer loans. It also takes account of ...
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Opportunity India Desk Mar 31, 2022 - 2 min readOn 30 March 2022 the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi approved the World Bank assisted Rs 6,062 crore funding programme for the small and medium businesses. PM Modi hailed the Cabinet decision to approve this programme and said the government is taking many steps to add new energy into the MSME sector ...