Articles

10 Franchise Trends To Emerge In 2021

Opportunity India Desk Dec 21, 2020 - 5 min read

In India, franchising is growing at an impressive pace. As per Franchise India, franchising has witnessed a growth of around 30-35% over the last four-five years and the overall turnover is estimated at around INR 938 billion. At present, the franchise sector contributes nearly 1.8% to the Indian GDP and is estimated to contribute to ...

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Career Launcher Introduces Low-Cost Franchise Model to Strengthen Presence

Opportunity India Desk Dec 21, 2020 - 5 min read

The test preparation organization Career Launcher has introduced a low-cost franchise model to target entrepreneurs, individuals including housewives, and teachers who want to associate with the brand with minimum investment. The latest Virtual Business Partner program is part of the company’s strategy to strengthen its deep presence in the Tier-2, -3 markets and beyond. "The ...

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Best Low-Cost Businesses for Post-Covid Era

Opportunity India Desk Dec 18, 2020 - 4 min read

Coronavirus has incited exceptional interruptions across various franchise businesses globally. From suspending flights to restricting the travelling of people and vehicles, it has had a huge impact on the Indian economy since the Great Depression. Probably all the economies around the world are battling to cope up with a situation in the wake of an ...

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Tupperware India expands footprint in Hyderabad with its 75th store launch

Opportunity India Desk Dec 18, 2020 - 5 min read

Tupperware, global premium homeware and direct selling brand based out of Orlando, US, entered the retail space in August 2019 and received an encouraging response from regions across India. In less than 18 months, the brand managed to open three exclusive stores in Hyderabad, and looking at the great consumer response, the latest one has ...

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upGrad Charts Three-Pronged Strategy to Tap Tier-2, -3 Markets; Shares Robust Franchise Expansion Plans

Opportunity India Desk Dec 16, 2020 - 5 min read

The up-skilling and higher education Edtech firm upGrad has charted an ambitious plan for its franchise and business expansion across the country. The company has devised a three-pronged strategy to expand its presence in the Tier-2 and -3 markets through franchise expansion, tapping newer domain areas, and offering career opportunities to learners. The company has ...

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Smoothie chain Drunken Monkey strengthens footprint during the pandemic

Opportunity India Desk Dec 16, 2020 - 2 min read

Drunken Monkey, one of the fast-growing smoothie chains of India, has signed up more than 42 outlets in the middle of the pandemic. This makes a total of over 100 Drunken Monkey’s outlets in 43 cities as of this year. Founded by Samrat Reddy, Drunken Monkey delivers the best blended natural-fruit smoothies, smoothie bowls, and ...

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upGrad acquires recruitment firm Rekrut India

Opportunity India Desk Dec 16, 2020 - 3 min read

upGrad, India’s largest online higher edtech has acquired Rekrut India, the recruitment and staffing solutions company. This 100% acquisition marks an unprecedented M&A in India, where an edtech company has acquired a recruitment firm. The Mumbai-based Rekrut India provides solutions to build organisations' human capital through their deep sectoral expertise, an extensive network of 100+ recruiting experts, and ...

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Cloud Kitchen is the Secret Sauce to Growth in the post-Covid Restaurant Market

Opportunity India Desk Dec 15, 2020 - 6 min read

The restaurant industry has been one of the biggest casualties of the Covid-19 crisis worldwide. In India, where the foodservice sector employs over seven million people and is estimated to be worth Rs 4.2 lakh crore, the distress has been particularly acute with longer duration of lockdowns and Covid-related restrictions. However, there is one segment ...

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Red Chief Footwears Launches RC-3042 In Its Formal Shoes Collection

Opportunity India Desk Dec 15, 2020 - 1 min read

Red Chief, one of the oldest and the most trusted footwear brands in India, has launched RC-3042 in the formal shoes category to provide its customers with ultimate comfort and style and there is a phenomenal response from all channels, be it trade partners and our own retail. RC-3042 shoes are made with high-quality upper ...

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CARS24 opens India's largest pre-owned two-wheeler showroom

Opportunity India Desk Dec 15, 2020 - 2 min read

CARS24, India’s leading online transaction platform for pre-owned vehicles, has announced the opening of India’s largest pre-owned two-wheeler showroom in East Delhi Mall, Anand Vihar, Delhi. During this unprecedented time of the pandemic, people now prefer personal mobility over public transportation owing to precautionary measures. Hence, a pre-owned two-wheeler becomes the best possible pocket-friendly option. ...

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