Articles

Sarovar Hotels eyes to launch 15 more properties across India by 2020-end

Opportunity India Desk Jan 27, 2020 - 3 min read

Sarovar Hotels and Resorts is aiming to launch 15 more properties across India by the end of this year. As part of its expansion plans in the country, the hospitality firm will add around 900 rooms to its portfolio. Presently, Sarovar Hotels currently manages 85 hotels with 6,500 rooms in India and three locations ...

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Travel Tours unveils 3rd store in Kolkata

Opportunity India Desk Jan 27, 2020 - 3 min read

Travel Tours has launched its third store in Kolkata. With this, the leisure travel brand of FCM Travel Solutions is strengthening its footprint in West Bengal. Situated at Chinar Park, the newly launched store provides a wide range of travel services by Travel Tours like Domestic and International Flights, Customized and Group Holidays, Hotels, ...

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The Importance Of Vertical Restraint In Franchising Agreements

Opportunity India Desk Jan 25, 2020 - 7 min read

Franchising has often been referred to as one of the most novel methods of business expansion in today’s world. Simply put, it refers to a contractual arrangement whereby the owner of a product, service or even a method of production, secures the distribution of its offerings through one or more affiliations (franchisee). The franchisor offers ...

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5 ways how entrepreneurs can make the most of a business slump

Opportunity India Desk Jan 25, 2020 - 4 min read

A business slowdown or a general economic recession offers challenges in the lives of every entrepreneur. From seasonal slowdowns like holidays or specific off-season phases for a particular business to an overall slump on a national/ regional level due to various factors, a slump can be a challenging and de-motivating time for businessmen, especially ...

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[Funding alert] Edtech startup Eupheus secures funds to drive global expansion

Opportunity India Desk Jan 24, 2020 - 3 min read

Eupheus Learning has secured $4.3 million in its Series A round through a mix of equity and venture debt. This round has been led by Yuj Ventures, the early-stage investment platform backed by the family office of Sid Yog, founding partner of a global investment firm, The Xander Group Inc. The round has also seen ...

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The Entertainer inks master franchise deal with Reliance Brands to enter the Indian market

Opportunity India Desk Jan 24, 2020 - 3 min read

UK-based toy retailer The Entertainer has signed a master franchise agreement with Reliance Brands Limited to foray into the Indian market. With this agreement, RBL will be opening The Entertainer stores in Mumbai in the first half of 2020 followed up by an aggressive store roll-out plan. Gary Grant, Co-Founder of The Entertainer, said, “We’re ...

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Sportswear brand Under Armour targets to launch 15 new stores in India

Opportunity India Desk Jan 24, 2020 - 3 min read

US-headquartered Under Armour is planning to launch 15 new stores in India in 2020. The $5 billion-plus premium sportswear brand will be investing Rs 2-3 crore per store. The brand exited 2019 with 10 stores, with all of the stores being franchise-owned and operated. It further plans to exit 2020 with 25 stores. Under ...

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Embassy Group forays into co-living biz under the Olive Brand

Opportunity India Desk Jan 23, 2020 - 2 min read

Embassy Group, the real estate major, has ventured into the co-living business under the Olive Brand. The company will be investing Rs 2,000 crore for its expansion plans. Olive will be introducing its first experiential centre at Whitefield in Bangalore and its flagship project in Chennai with 2,500 beds in 2019. Its expansion plans include cities like ...

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Inox becomes official multiplex partner of Premier Badminton League

Opportunity India Desk Jan 23, 2020 - 3 min read

Inox Leisure, India’s leading cinema chain, has collaborated with Premier Badminton League (PBL) as its exclusive multiplex partners for the fifth season, which is scheduled from 20th January to 9th February. The move comes as part of the cinema chain’s effort to popularise the Premier Badminton League and the sport at its cinemas across India as well ...

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Mercedes-Benz strengthens presence in AP with new Vizag dealership

Opportunity India Desk Jan 23, 2020 - 2 min read

Mercedes-Benz, the luxury car manufacturer, has launched the 'Silver Star' facility in Vizag. With this, the car maker has expanded its presence in Andhra Pradesh. Spread across 30,000 sq ft area, the dealership comprises 20 professionally trained staff and 10 service bays for car servicing. The Vizag dealership has been set up with an ...

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