Articles

Industrial Robotics Startup Peppermint INR 5 Cr Funding Round From Venture Catalysts And IAN

Opportunity India Desk Sep 02, 2021 - 3 min read

Pune-based Peppermint—an industrial robot manufacturing company that makes and deploys commercial housekeeping and service robots—announced on Wednesday to have raised INR 5 crore in a funding round led by Venture Catalysts and Indian Angel Network. The round also saw participation from Vinners Group and a group of angel investors led by Naveen Kumar Kshatriya. “We have ...

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Salud Beverages Raises $1.1 Mn Funding

Opportunity India Desk Sep 02, 2021 - 2 min read

Salud Beverages, an urban lifestyle brand, on Wednesday announced to have raised $ 1.1 million as of March 2021. The VC fund, comprising actors and HNIs includes serial entrepreneur and leading Indian actor Rana Daggubati, and former managing director, Microsoft India, Srinivas Koppolu, among others backed by Prasad Vanga’s Anthill Ventures. The fund was primarily ...

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What Changes Can Be Adapted To Get Complete Sustainability in Healthcare

Opportunity India Desk Sep 01, 2021 - 4 min read

Over the years, development has taken on a whole new meaning. Today, development does not just mean creating concrete forests or building skyscrapers. It means staying up to date in every field. Because every nation strives to develop in terms of technology, they ignore sustainability accreditation. In every industry, they overlook the importance of sustainability. ...

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Read This before Investing in Crypto currency after Covid

Opportunity India Desk Sep 01, 2021 - 4 min read

Crypto is the trading of digital assets using cryptography to control and secure the transfer of value. The idea behind crypto is to create a decentralized and fully vetted network that utilizes peer review for auditing ability and authenticity. In its most basic form, crypto is digital money that doesn't rely on any government or ...

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Shree - The Indian Avatar Continuously Pivoting & Innovating to Navigate Through the Pandemic

Opportunity India Desk Sep 01, 2021 - 6 min read

The pandemic induced by Covid-19 has had a drastic impact on the overall retail industry and the Indian ethnic wear segment was no exception. The lockdown led to drastic changes in consumer buying behavior and there was a considerable decline in buying power of the average consumer with essentials being given more importance. Fashion became ...

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Donear Group Acquires Mayur Brand & PV Suiting Distribution Network Globally

Opportunity India Desk Sep 01, 2021 - 3 min read

Leading textile and apparel maker and creator, Donear Group has announced the acquisition of Mayur Fabrics and PV Suiting Global distribution network from RSWM. This acquisition will solidify Donear Group’s comprehensive product basket and global augmented geographical footprint. The company has enforced a consistent growth policy since 2017, with two world-famous textile brands, GRADO and OCM already ...

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Powerhouse91 Raises Funding From Global Investors

Opportunity India Desk Sep 01, 2021 - 2 min read

Powerhouse91, the tech-driven company acquiring and growing e-commerce brands in India, on Tuesday announced that it has onboarded multiple marquee global investors, raising an undisclosed amount of capital from them. One of the incoming investors, FJ Labs, is a US-based venture capital firm that focuses on marketplaces and consumer-focused businesses. The investment in Powerhouse91 marks FJ Labs’ ...

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Shoppers Stop Sells Crossword Bookstores to Agarwal Business House

Opportunity India Desk Sep 01, 2021 - 2 min read

Shoppers Stop has closed the sale of a controlling stake of its 100 percent subsidiary, Crossword Bookstores Limited to Pune-based Agarwal Business House. The business of Crossword Bookstores is valued at Rs.41.6 crore. Under the agreement, ABH will take over all the assets and brand. Any liabilities will be adjusted for arriving at the final ...

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Savings Account Withdrawal Limit – Important Points You Need to Know

Opportunity India Desk Sep 01, 2021 - 3 min read

Savings account is a safe and convenient instrument to let you keep aside your surplus money and earn steady interest on the balance. At the same time, it also allows you to withdraw funds as and when needed. That's how a savings account works in a nutshell. However, every bank imposes a withdrawal limit on ...

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Financial Planning for Non- Resident Indians (NRIs)

Opportunity India Desk Sep 01, 2021 - 3 min read

NRIs who want to build a financial corpus back home will find several attractive savings and investment options. You can choose to park your money in savings accounts, fixed deposits, mutual funds and various other instruments in India. Securing deposits and building investments in the country is not only a matter of sentiment but also ...

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