Articles

ABL Workspaces unveils new co-working centre in Noida by investing Rs 7 cr

Opportunity India Desk Jan 02, 2020 - 3 min read

ABL Workspaces has started a new co-working centre by investing Rs 7 crore. This is the company's 9th centre in the National Capital Region (NCR). The co-working space provider has taken on lease 40,000 sq feet from landlord to launch a co-working centre in Noida, Uttar Pradesh, comprising 800 seats. ABL Workspaces started with 50 ...

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Chicago Pizza Looks for Series-A Funding

Opportunity India Desk Jan 02, 2020 - 2 min read

More than a decade after its launch, Delhi-based Chicago Pizza is looking to raise Series-A funds for faster expansion. The brand plans to dilute 10-20% shares of the company. It has clocked over 150% growth in sales in the current fiscal and asserts to increase the revenues to Rs 1,000 crore over the next three ...

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ActionCOACH Partners with FranGlobal in India

Opportunity India Desk Dec 27, 2019 - 2 min read

ActionCOACH, one of the largest business coaching firms in the world, has signed a master franchise agreement with FranGlobal to expand its market presence in India. FranGlobal will be opening new franchise opportunities and managing existing certified ActionCOACH business coaches growing the brand’s presence and influence in the region. Founded by business coach Brad ...

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Co-living startup Zolostays looks to have 1 mn beds under management by 2025

Opportunity India Desk Dec 26, 2019 - 3 min read

Zolostays, offering affordable housing apartments to young professionals and students, is aiming to have one million beds under management by 2025. As part of its accelerated growth path, the co-living startup is also planning to expand to five more cities. Founded by Nikhil Sikri, Akhil Sikri, and Sneha Choudhry in 2015, the Bengaluru-based company ...

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Chalet Hotels strengthens portfolio by signing franchise agreement with Hyatt Hotels

Opportunity India Desk Dec 26, 2019 - 2 min read

Chalet Hotels Ltd has inked a franchise deal with Hyatt India Consultancy Pvt Ltd and its affiliates for Hyatt Regency Navi Mumbai Airoli. The upcoming 260-key hotel will be the first Hyatt Regency branded hotel for Chalet. The new hotel will enable business travellers a convenient accommodation as well as an easy commute between ...

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OYO aims to have 40K rooms in Rajasthan by 2020

Opportunity India Desk Dec 26, 2019 - 3 min read

Oyo Hotels and Homes is looking at expanding its footprint in Rajasthan. The hospitality firm is aiming to have 40,000 rooms by the end of next year. OYO started its operations in Rajasthan in 2015. The company has a presence in over 40 cities of the state. It has generated one lakh job opportunities ...

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Edtech startup Witblox raises funds to grow its business

Opportunity India Desk Dec 23, 2019 - 1 min read

Witblox has secured Rs 1.3 crores in funding from the Mumbai Angels Network. The round has also seen participation from 24 other investors from the Mumbai Angels Network. The fresh capital will be utilized by the Mumbai-based company to support the growth of its business. Amit Modi, Founder & CEO, Witblox, said, “MA not only helped ...

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Choice Hotels looks to launch 11 new hotels in India via franchise model

Opportunity India Desk Dec 23, 2019 - 3 min read

Choice Hotels India is planning to add 11 new hotels in India in 2020. The company, which is a wholly-owned subsidiary of the US-based hospitality company Choice Hotels International, will launch new hotels under the franchise model. Vilas Pawar, CEO of Choice Hotels India, said, “Currently, we have 32 operating hotels in India spread ...

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OYO crosses 100 hotels milestone in Spain in just 1 yr of operation

Opportunity India Desk Dec 21, 2019 - 3 min read

Oyo Hotels & Homes has crossed 100 hotels milestone in Spain. The hospitality firm has 2,000 guestrooms to its portfolio in the country. OYO has achieved this milestone in just 1 year of making its Spanish debut. Currently, it is operating hotels in Madrid, Granada, Valencia, San Sebastián, Córdoba, Tarragona, Cuenca, Las Palmas de Gran ...

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Medkart Pharmacy aims to add over 250 stores in next 3 yrs in Gujarat

Opportunity India Desk Dec 21, 2019 - 3 min read

Medkart Pharmacy is looking at adding 250 more stores in Gujarat over the next three years. The Ahmedabad-based company is aiming to take its turnover to Rs 300 crore by 2023. Presently, the generic medicine store chain has around 31 pharmacy stores across Gujarat, of which, 19 are company-owned stores whereas the rest ...

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