Articles

Online pharmacy Digi-Prex raises funds to expand to 10 Indian cities

Opportunity India Desk Sep 28, 2019 - 1 min read

Hyderabad-based Digi-Prex, an online subscription pharmacy in India, has raised $5.5 million in its seed funding round led by Khosla Ventures. The new funds will be used by the startup to expand its presence to 10 other cities in India. The round’s investors include Y Combinator, Khosla Ventures, Vedanta Capital, Quiet Capital, Liquid2 Ventures, Soma Capital, ...

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Top Three Mobile-Focused Business Opportunities to Invest in

Opportunity India Desk Sep 27, 2019 - 3 min read

The fast-paced lifestyle of modern times has brought several significant changes in the way generations live and were used to living. Be it for the generation of Baby Boomers, Generation X, Millennials or Post Millennials, the mobile phones have evolved into a necessity good over the time for everyone. It is a fact that people ...

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Medlife partners FB to launch AR on Cardiopulmonary Resuscitation ahead of World Heart Day

Opportunity India Desk Sep 27, 2019 - 2 min read

Medlife, India’s largest e-health company with three business verticals including pharmacy, diagnostics and e-consultation, has launched an integrated campaign called #BecauseHeartMatters ahead of World Heart Day. As part of the campaign, they have tied up with Facebook to launch an augmented reality (AR) filter to help people understand the technique of cardiopulmonary resuscitation (CPR) in ...

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Eyecare hospital chain ASG Eye Hospitals raises Rs 308 cr to expand biz

Opportunity India Desk Sep 27, 2019 - 1 min read

ASG Eye Hospitals, the eyecare hospital chain, has secured Rs 308 crore from a clutch of investors led by Foundation Holdings. The fresh capital will be used ny the company to grow organically and inorganically. ASG Eye Hospitals was founded by Dr. Arun Singhvi and Dr. Shashank Gang in 2005. Venture Capital fund Sequoia Capital ...

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Uber revamping its app to add passenger safety features

Opportunity India Desk Sep 27, 2019 - 1 min read

Ride-sharing app Uber Technologies has launched a number of new features from cab verification to a pass system called Uber Pass. The move is aimed towards making travelling safer and more convenient for its customers. Similar to Ola's pin verification, Uber is testing out a system to verify their vehicle number using a four-digit pin ...

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OYO starts Partner Privilege Programme for its asset owners

Opportunity India Desk Sep 27, 2019 - 1 min read

OYO, the fastest growing chain of leased and franchised hotels, has introduced a Partner Privilege Programme (PPP) for its 10,000 strong asset owner community across 300 cities in India. This is the hospitality firm’s third major initiative under the year-long OYO Partner Engagement Network (OPEN). OPEN was started in April 2019 to boost asset owner ...

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Thomas Cook unveils new Gold Circle Partner franchise outlet in Amritsar

Opportunity India Desk Sep 27, 2019 - 1 min read

Thomas Cook (India) Ltd has launched a new Gold Circle Partner (GCP) franchise outlet in Amritsar, Punjab. This expansion comes after the company identified Punjab as a high growth market for its holiday business. With the new launch, Thomas Cook India strengthens its distribution and reach in Punjab to 11 consumer access centres, which include ...

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Skoda Auto India refurbishes its dealership network

Opportunity India Desk Sep 26, 2019 - 1 min read

As per the new corporate identity and design (CICD), Skoda Auto India has rebranded its entire network of 63 sales and 61 service touch points across 53 cities in India, with an investment of Rs 120 crore. Skoda’s new dealership design architectural concept reflects its philosophy expressed in the slogan, “Simply Clever with a human touch”. Zac Hollis, Director ...

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OYO ventures into the student housing segment

Opportunity India Desk Sep 26, 2019 - 1 min read

OYO will now offer end-to-end fully managed housing experience for students by collaborating with IIT Delhi and Plaksha University. The hospitality firm will be providing affordable accommodations starting from price as low as Rs 6,500 -12,999 per bed, per month, under OYO LIFE. OYO LIFE building will have essential amenities such as Wi-Fi connectivity, television, refrigerator, AC, ...

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Lingerie brand Zivame targets $50 mn fundraise for expansion

Opportunity India Desk Sep 26, 2019 - 1 min read

Zivame, a leading lingerie brand, is planning to raise $50 million. With the proposed fund, the brand is aiming to expand the number of stores from 35 to 60 by FY20. Zivame expects to cross Rs 250 crore in revenue in FY20 from a revenue of Rs 140 crore in FY19. The brand holds about ...

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