Articles

eShipz Raises $700,000 Funding Round Led By IAN

Opportunity India Desk Sep 17, 2021 - 3 min read

eShipz—a Bengaluru-based software-as-a-service (SaaS)-based startup offering shipping automation to SMBs and large enterprises—recently received $700,000 in a funding round led by Indian Angel Network (IAN). The round saw participation from existing investor Axilor Ventures. The startup is incubated by Axilor, JioGenNext, SAP Startup Studio, and IIM-B NSRCEL. eShipz plans to utilize the fresh funds to ...

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GST Council may levy 5% tax on delivery brands, discussion tomorrow

Opportunity India Desk Sep 17, 2021 - 2 min read

The GST council may discuss a proposal to treat food delivery apps such as Zomato and Swiggy as restaurants and levy 5 percent GST on supplies made by them in a meeting tomorrow. A proposal to make the delivery platforms liable to pay the Goods and Services Tax (GST) on restaurant ...

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Azure Hospitality launches its delivery only brand; Jhoom

Opportunity India Desk Sep 17, 2021 - 1 min read

Azure Hospitality, which has under its banner, some of the most iconic brands of the city such as Sly Granny, Mamagoto, Foxtrot and Dhaba, enters into cloud-kitchen segment. The idea behind Jhoom, both menu and packaging, is to create a brand that celebrates the traditional and regional cuisines of India but made ...

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Time to move back to ‘dine-in: How technology is reviving the sector

Opportunity India Desk Sep 17, 2021 - 4 min read

The hospitality sector has been among the hardest hit during the pandemic. Lockdowns, government restrictions in timings, concerns of infection and reduction in leisure and business travel have caused massive disruption. Only a small percentage of revenues come through takeaways and delivery, hence restaurants also suffered large losses and many have closed down. ...

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Vero Moda Forays in Sleepwear & Loungewear Category with 'Ease'

Opportunity India Desk Sep 17, 2021 - 2 min read

Bestseller India’s Vero Moda has become synonymous with contemporary fashion and designs, which young women across the world desire. Furthering its growth and reinforcing its position as a fashion-forward brand that brings the latest international trends to Indian women, Vero Moda has launched its first-ever loungewear and comfort collection called ‘Ease’. The new Vero Moda ...

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Amazon Fashion Unveils Autumn Winter'21 Store

Opportunity India Desk Sep 17, 2021 - 2 min read

It’s already the season of cozy plaid skirts and pumpkin spice everything. As life slowly picks up pace, we can also start rediscovering fashion and integrate fall colors into our wardrobes. Given the times we are in, it is essential to uplift our spirits and one of the best ways to feel good is to ...

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Is India Ready for Telemedicine transitions post Covid

Opportunity India Desk Sep 16, 2021 - 4 min read

There are several reasons why India can be a good market for telemedicine services. The country has a huge population, well-educated people and a wide range of technology products. The convergence of these technologies can make remote medicine practical for many patients. There are problems, however, with telemedicine and there are already companies working in ...

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Flat Glass – A Success Element for Several Industries

Opportunity India Desk Sep 16, 2021 - 4 min read

The outbreak of COVID-19 has affected the domestic construction, industrial and manufacturing activities during 2020. The construction sector is expected to recover, as most of the related industries started their operations in the first week of August 2020, however, most of the projects which were scheduled for early 2020 had been postponed. Thus, the growth ...

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ASICS India Announces Pro Squash Player Joshna Chinappa as Brand Athlete

Opportunity India Desk Sep 16, 2021 - 2 min read

Sports performance brand ASICS has announced Indian squash player Joshna Chinappa as their new brand athlete. Currently ranked as number 10 worldwide, Joshna is a two-time Asian Championship – Gold Medalist. In 2014, she was the first Indian to win a gold medal in Doubles at the Commonwealth Game and has also inscribed her name ...

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Poshmark Rolls Out its Social Shopping Format in Indian Market

Opportunity India Desk Sep 16, 2021 - 2 min read

US-based social shopping marketplace Poshmark has announced the launch of its social commerce marketplace in the Indian market. The brand specializes in second-hand clothing for women, men, kids, pets, and homes, among others, and aims to capitalize on Indian consumers’ growing acceptance of online and social commerce. The Nasdaq-listed company has a community of more ...

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