Articles

OYO purchases 1st property in US by acquiring Hooters Casino Hotel in Las Vegas

Opportunity India Desk Aug 26, 2019 - 1 min read

OYO Hotels and Homes, the Gurugram-based hospitality chain, has acquired the Hooters Casino Hotel Las Vegas. This is the SoftBank-backed company’s first property purchase in the US. OYO has partnered with Highgate, an American real estate investment and hospitality management company, for this expansion in the US. With this acquisition, Hooters Casino Hotel will now be ...

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Dehradun-based Leisure Hotels Group broadening its horizon with hostel & resitel segments

Opportunity India Desk Aug 26, 2019 - 1 min read

Hospitality firm Leisure Hotels Group is diversifying its business from its core hotel segment into the hostel and resitel segments. With this, the Dehradun-based company seeks to unlock the potential in the alternative and long-stay accommodation sectors. Leisure’s hostel is a low-frill, budget accommodation comprising beds and budget rooms under the Bedz brand. It will ...

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With new 3S facility in Aurangabad, Volkswagen strengthens its dealership network in India

Opportunity India Desk Aug 26, 2019 - 1 min read

Volkswagen, Europe’s leading car manufacturer, has launched its new state-of-the-art 3S (Sales, Service and Spares) facility in Aurangabad, Maharashtra. This new dealership is located at the District Court, Adalat Road, Aurangabad. Spread across 20,000 sq ft, the 3S facility is managed by Dhoot Motors, comprising of 4-car displays along with 10-service bays. The workshop at this ...

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Kangaroo Kids eyes to expand its overseas portfolio

Opportunity India Desk Aug 24, 2019 - 1 min read

Kangaroo Kids Education, which runs a chain of pre- and senior-secondary schools in India and abroad, is planning to expand its international footprint. The company looks to set up new schools in Malaysia, Indonesia and Singapore in pre-school and senior school categories. KVS Seshasai, CEO of Kangaroo Kids Education, said, “Overseas, we currently have pre-schools ...

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Women healthcare & hygiene startup Sanfe brings first-of-its-kind reusable sanitary pads

Opportunity India Desk Aug 24, 2019 - 1 min read

IIT Delhi-incubated startup Sanfe, which designs and develops products for improving female health and hygiene, has unveiled the first-of-its-kind reusable sanitary pads. Made with composite banana fiber, these reusable sanitary pads can last up to two years. The new product is created by Sanfe’s Co-Founders Archit Agarwal and Harry Sehrawat, based on inputs from several ...

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Jaguar Land Rover expands dealership network with launch of its new 3S facility in Pune

Opportunity India Desk Aug 24, 2019 - 1 min read

Jaguar Land Rover India has launched its new 3S (Sales, Service and Spare parts) dealership in Pune with Ace Perkins. Spread across 4,460 square metres, the new facility is designed to offer the top-notch quality of sales and aftersales services. It displays a wide range of Jaguar and Land Rover vehicles. In addition to this, the dealership ...

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Realty firm Sobha entering Hyderabad & Delhi residential property market

Opportunity India Desk Aug 24, 2019 - 1 min read

Realty firm Sobha is foraying into the Hyderabad and Delhi residential property market. The company, which is known for its luxury apartments, has entered into a joint development agreement with local landlords for building high-end apartment totalling 1.5 mn sq ft in both cities. JC Sharma, Vice Chairman and Managing Director, Sobha, said, “We have ...

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RedDoorz secures $70 mn funding to expand its budget hotel network in Southeast Asia

Opportunity India Desk Aug 23, 2019 - 1 min read

RedDoorz, hotel management and booking platform, has secured $70 million in its latest round of funding led by a Singapore-based growth equity firm, Asia Partners. The round has been joined by Rakuten Capital and Mirae Asset-Naver Asia Growth Fund. The existing investors of the company, including Qiming Venture Partners and International Finance Corporation (IFC), also participated in ...

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OYO Workspaces ventures into Hyderabad with its new Innov8 centre

Opportunity India Desk Aug 23, 2019 - 1 min read

OYO Workspaces, the part of OYO group, has forayed into the Hyderabad market with its new Innov8 centre. Located in Gachibowli, the co-working centre has a capacity of more than 700 seats. With this addition, OYO Workspace now has 22 centres with over 15,000 seats across 10 cities in India. It has three co-working brands, namely Workflo, Powerstation, and Innov8, which ...

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Luxury hotel brand Ginger to soon have its second hotel in Rajasthan

Opportunity India Desk Aug 23, 2019 - 1 min read

Ginger, IHCL’s lean luxury hotel brand, has signed a new hotel in Udaipur, Rajasthan. This will be Ginger’s second hotel in the state. Deepika Rao, Managing Director and Chief Executive Officer, Ginger, said, “We are happy to partner with Alka Group of Hotels for the development of a hotel in the heart of Udaipur city.” “With ...

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