Articles

OYO India crosses 100-hotel milestone in US

Opportunity India Desk Sep 20, 2019 - 1 min read

OYO Hotels & Homes has strengthened its footprint to more than 100 hotels in over 21 states in the United States (US). The hospitality firm has made a commitment of $300 million as an initial investment in the US in order to fuel rapid growth across the country. At present, the SoftBank-backed company is successfully launching ...

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Top 5 Franchise Ideas in the Beauty Industry

Opportunity India Desk Sep 20, 2019 - 3 min read

The glamorising beauty industry is being pushed by the never-ending demand for beauty and the influential Bollywood and international beauty pageants. Inspired by their role models, consumers aspire to attain the beauty ideals and are spending their money in the grooming businesses, giving a great force to beauty businesses. Driven by the rising disposable income, ...

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Shahani Group eyes expanding its 'Smart Institute' in 30 cities by 2024

Opportunity India Desk Sep 20, 2019 - 2 min read

Smart Institute, a part of The Shahani Group, is planning to expand its growth into India, South-East Asia, and the MENA region. The group is targeting to expand its footprint in 30 cities nationally within the next 5 years. Additionally, it looks at investing in EdTech through its EdTech platform application ask.CAREERS. Smart Institute has ...

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Prana Air launches India’s most accurate Pocket Monitor for PM2.5 levels

Opportunity India Desk Sep 20, 2019 - 2 min read

Purelogic Labs India, an initiative to increase awareness about air pollution in India, is now launching India’s most accurate and affordable pocket monitor for PM2.5 levels. Prana Air Pocket Monitor is one of its kind monitor, allowing the user to measure air pollution values on the go. With a 400 mAh battery which will last for up ...

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Lingerie start-up Zivame secures $2.7 mn funding

Opportunity India Desk Sep 20, 2019 - 1 min read

Zivame, the Bengaluru-based lingerie start-up, has raised fresh funding of $2.7 million from investors including Indiblu Investment Advisors, Avendus Capital, and Avezo Advisors. The new funds will be used for the ongoing and future Zivame store expansion, augmentation of technology, product development and boosting the brand’s omni-channel strategy. Founded by Richa Kar and Kapil Karekar in ...

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Are New Business Ideas Failing You? Revamp an Old One!

Opportunity India Desk Sep 20, 2019 - 4 min read

Global economy is witnessing a wave of newness in the age of start-ups and unicorns. Fresh concepts and ideas are ruling over the economies and are battling with each other to grab the throne of ‘the biggest giant’. In this most competitive and creative era for business, many aspiring entrepreneurs feel so intimidated that they ...

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Indian pharmacy chain Generico raises funds to set up 150 stores

Opportunity India Desk Sep 20, 2019 - 1 min read

Indian pharmacy chain Generico has secured a Series-B round of funding led by venture capital firm Lightbox Ventures. The company runs a network of offline pharmacies selling generic drugs exclusively. The Series-B funding round has also seen participation from its existing investors, Tomorrow Capital and Whiteboard Capital Generico was founded by Siddharth Gadia and Girish Agarwal ...

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Ekta Cosmetics launches a new skincare brand 'Jeannot Ceuticals'

Opportunity India Desk Sep 19, 2019 - 2 min read

Ekta Cosmetics has launched a new skincare brand, Jeannot Ceuticals, in partnership with Skeyndor, the renowned skincare brand from Spain. The Indian beauty market is evolving constantly and growing at a very healthy pace. Thanks to the economic boom and the increasing awareness, people’s urge to look good is stronger than ever. The demand for ...

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Pharmacy chain MedPlus looks to venture into Mumbai market

Opportunity India Desk Sep 19, 2019 - 1 min read

MedPlus, India's second largest pharmacy retail chain, is looking at foraying into the Mumbai market. The pharmacy chain will add around 30-40 pharmacy stores in Mumbai. MedPlus already has a presence in Pune and Nagpur. In April 2019, MedPlus raised had around Rs 200 crore from Wipro Chairman Azim Premji's family office PremjiInvest. The pharmacy chain is ...

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Lifestyle brand MensXP forays into men's grooming products sector

Opportunity India Desk Sep 19, 2019 - 1 min read

MensXP, an online men's lifestyle brand, has launched its premium men’s beauty brand, ‘MensXP Mud’. With this, the brand has ventured into the men's grooming products sector. At present, MensXP Mud is offering BB Cream in 6 shades that match different skin tones, face wash (Oily/Dry skin variants), Face and Body Lotion (Oily/Dry skin variants) and Natural shower ...

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