Articles

Seniority unveils its first ever franchise store in Pune

Opportunity India Desk Oct 09, 2020 - 3 min read

Seniority, India's largest shopping destination for senior citizens, has launched its first-ever franchise store in Pune. With this store, the company has forayed into the franchise business model and is eyeing a stronger network of franchise-owned stores across the country over the next couple of years. Seniority follows an omnichannel strategy, having established its e-commerce ...

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Cornext launching Franchise Model to boost Fodder Entrepreneurs

Opportunity India Desk Oct 08, 2020 - 2 min read

Cornext Agri Products, a fodder manufacturer, is starting a new franchise model to boost ‘Fodder Entrepreneurs’. Cornext Agri Products is a startup that is creating more startups in the animal nutrition space. Through this franchise model, Cornext is encouraging more and more rural youth to become ‘Fodder Entrepreneurs’. The company is also addressing the fodder ...

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Blue Dart strengthens its specialised Temperature Controlled Logistics (TCL) solution

Opportunity India Desk Oct 07, 2020 - 3 min read

Blue Dart, India’s leading express logistics service provider and part of the Deutsche Post DHL Group (DPDHL) with its commitment to help improve the supply chain and ensure timely medical provisions, is ramping up its infrastructure with its pre-existing specialised Temperature Controlled Logistics (TCL) to combat the pandemic. Blue Dart will further offer complete Supply ...

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upGrad records 50% revenue growth in Q2

Opportunity India Desk Oct 07, 2020 - 2 min read

Higher edtech leader upGrad released the Q2 business performance results, which reports a 50% growth in their gross revenue, thus keeping the company on track for its forecasted Rs 1200 crore annual run rate. The growth has been multifaceted this quarter: - 20 new programs were added in Q2 in the areas of Marketing, Finance, ...

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Cult is Back; Centres to reopen doors with new safety guidelines

Opportunity India Desk Oct 06, 2020 - 3 min read

After a long break due to lockdown measures announced by the government following the COVID-19 outbreak, Cult.fit, the fitness centres run by Cure.fit, will be reopening its doors in multiple cities. Cult re-opened 25 centres in September in Bangalore, Hyderabad and Gurgaon, with the objective of implementing safety protocol “Cult CARES” and gauging the response ...

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Looking for a Low-Cost Business? Invest in Post Office Franchise

Opportunity India Desk Oct 01, 2020 - 1 min read

Amid COVID-19, Post Office is offering you an opportunity to start your own business. Post Office Franchise can be opted by any person above the age of 18 years. Also, any person with the eighth pass can start his business through the post office. There are over 1.55 lakh post offices across India including 89% ...

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Daimler India eyes to reach 250 dealership mark by year-end

Opportunity India Desk Oct 01, 2020 - 1 min read

Daimler India (Commercial Vehicle), an arm of Stuttgart-based Daimler, is targeting to strengthen its dealership network. The company aims to have more than 250 outlets by this year-end. Daimler will increase its dealership network by 10% this year, cutting down the distance between dealerships from the existing 160 km to 120 km. Rajaram Krishnamurthy, Vice-President (Marketing ...

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Arvind Fashions, Gap terminating franchise agreement in India

Opportunity India Desk Oct 01, 2020 - 1 min read

Arvind Fashions and Gap Inc have made a decision to mutually terminate their franchise agreement in India. Both companies agreed to part ways due to circumstances post the COVID-19 pandemic. Arvind Fashions told the Bombay Stock Exchange in a filing, “We wish to inform that Arvind Lifestyle Brands Limited, a wholly-owned subsidiary of Arvind Fashions Limited (AFL) ...

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How Lenskart has revolutionized the Eyewear Franchise Industry

Opportunity India Desk Sep 29, 2020 - 4 min read

In India, the eyewear market is dominated by unorganized segment, however, the organised share of the market is swiftly gaining pace and is all set to grow at a CAGR of more than 9% to reach $13.6 billion by 2024. The eyewear industry has grown tremendously in these years, transforming itself from a near stagnant ...

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How Edtech, guided by NEP, can transform the face of Indian education in coming decade

Opportunity India Desk Sep 28, 2020 - 4 min read

The recent National Education Policy (NEP), with its futuristic approach to transforming education, especially at the school level, has been commended by many industry stakeholders, policymakers, parents, and students alike. One of its key differentiating features is the focus on digitisation of teaching techniques, which are complementary and integral to the conventional form of classroom ...

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