Articles

OYO aims to strengthen its footprint across West Bengal

Opportunity India Desk Oct 22, 2019 - 1 min read

OYO Hotels & Homes is eyeing at expanding its footprint in Kolkata as well as across the state. In Kolkata, the company is planning to increase its room count three-fold to 20,000 by 2020. OYO’s aim is to create an additional 15,000 direct and indirect jobs in West Bengal over the next one year. Starting ...

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IHG to soon open its fourth Holiday Inn Express hotel in Bengaluru

Opportunity India Desk Oct 22, 2019 - 2 min read

InterContinental Hotels Group (IHG) will soon launch Holiday Inn Express Bengaluru Bommasandra. The company has signed a management agreement with Thanishq Grande Hotels & Resorts for this hotel. Featuring 170 keys, the new Holiday Inn Express hotel is likely to be operational by Q4 2022. Currently, IHG operates three Holiday Inn Express hotels in Bengaluru. ...

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Truefitt & Hill launches its second branch in New Delhi at GK2

Opportunity India Desk Oct 22, 2019 - 2 min read

Truefitt & Hill (T&H) is bringing its sophistication to the most posh neighbourhood of Delhi, GK2. This is T&H’s second branch in New Delhi, and the first in South Delhi. T&H is globally renowned as one of the pioneer brands offering premium grooming services for men. Present in India since 2013, the brand operates 22 stores across 12 cities in India. Spread ...

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Master Mind Tutorials eyes 5000+ franchises globally in the next five years

Opportunity India Desk Oct 22, 2019 - 1 min read

Master Mind Tutorials is planning to have more than 5000 franchises globally in the next five years. It currently has a presence in 16 countries worldwide, having over 2500 franchises in India. Master Mind Tutorials is a multinational education company based in Indore, India. The company shares its concepts globally through over 2000 associate education ...

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Why Buying a Franchise of a Medical Spa is worth Investing

Opportunity India Desk Oct 22, 2019 - 3 min read

With facilities like Medical spa, the famous saying ‘Age is just a number’ justifies itself quite well. Since the concept of medical spas has come into the picture, consumers are ready to tamper with the signs of aging to make themselves beautiful (externally, of course) without going under the knife. The number of Medical spa, ...

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Improving India's Employability Quotient through Language Edtech

Opportunity India Desk Oct 21, 2019 - 3 min read

In August 2019, the Centre for Monitoring Indian Economy (CMIE) revealed that the unemployment rate in India hit a three-year-high of 8.4 per cent. According to the think tank, the unemployment rate stood at 9.6 per cent in urban India and 7.8 per cent in rural India during the month of August. While more people ...

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Somany Ceramics eyeing at expanding into the electrical channel dealers

Opportunity India Desk Oct 19, 2019 - 1 min read

Somany Ceramics Limited is planning to expand into the electrical channel dealers. Currently, the company has about 500 dealers and 2000 retailers for its bathware segment. Abhishek Somany, MD, Somany Ceramics, said, “We would leverage our existing retail and distribution network for the product segment. Additionally, we will also be looking at expanding into the ...

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UClean considering Bangladesh & Thailand as the next markets for expansion

Opportunity India Desk Oct 19, 2019 - 1 min read

UClean is planning to further strengthen its global footprint by opening franchise stores in Bangladesh and Thailand. Recently, the company launched a franchise store in Nepal. UClean is India's largest franchise-based laundry and dry cleaning chain, with over 170 franchises across more than 45 cities in India. Vipin Jindal, GM (Special Projects) of UClean, said, ...

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DIMR aims to open 100+ franchises pan India by 2020

Opportunity India Desk Oct 19, 2019 - 1 min read

Delhi Institute of Medical Representative (DIMR) is planning to expand its presence across India by launching over 100 franchises by 2020. Established in 2000, DIMR is the pioneer and Asia’s only institution imparting pharma management courses in India. Richa Nanda, HR Manager, DIMR, said, “We are targeting to open 100 + franchises pan India by 2020.” ...

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Health-tech firm Medlife achieves Rs 100 crore revenue milestone in September

Opportunity India Desk Oct 19, 2019 - 1 min read

Medlife, which owns and operates the eponymous online pharmacy platform, has reached Rs 100 crore in revenue for September. The health-tech company is also on track to break even on a unit economics basis over the next 6-8 months. Ananth Narayanan, Chief Executive of Medlife, said, “We are on a very good growth trajectory, north ...

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