Insights

IIT Madras Launches Information Platform On Incubators, Accelerators

Opportunity India Desk Nov 20, 2023 - 4 min read

The Institute of Eminence Research Centre at IIT Madras, known as the Centre for Research on Startups and Risk Financing (CREST), has developed the country’s first information platform on incubators and accelerators. The platform is developed in partnership with YNOS, an IIT Madras-incubated startup. The information platform will contain comprehensive information on incubators ...

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Jharkhand Draft MSME Policy: Growth, Incentives Galore For Small Businesses

Opportunity India Desk Nov 20, 2023 - 3 min read

The Jharkhand government has unveiled the draft MSME Policy 2023, proposing a 5 per cent annual interest subsidy for new MSMEs with timely loan repayments from public financial institutions or banks, valid for five years post-commercial production. The maximum subsidy limit stands at INR 25 lakh for micro units, INR 1 crore for ...

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Bengal Global Business Summit 2023 From Tuesday; 25 Nations To Take Part

Opportunity India Desk Nov 20, 2023 - 3 min read

The stage for the seventh edition of the Bengal Global Business Summit (BGBS) is set to host influential figures from over 25 countries, including business leaders, political dignitaries, and corporate giants from India on Tuesday. Notable attendees are expected to include representatives from Reliance Industries, ITC, and Ambuja Neotia. Participating countries ...

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Ola Electric Revamps Corporate Structure As It Looks To Go Public

Opportunity India Desk Nov 20, 2023 - 2 min read

Bengaluru-based electric vehicle company Ola Electric is gearing up for its IPO and restructuring its corporate structure to convert itself from a private limited company to a public company. The restructuring of the company is a crucial step for the company as it wants to list on the stock exchange. The ...

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Ashok Leyland Keen To Get External Investment For Its EV Subsidiary

Opportunity India Desk Nov 20, 2023 - 2 min read

Reflecting its interest in attracting investment for its electric vehicle arm Switch Mobility, Ashok Leyland MD and CEO Shenu Agarwal said that the Hinduja Group flagship firm was keen to get external investments from ‘the right strategic partner’ and it will not shy away from funding on its own till such an ally ...

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Indian E-Commerce Exports Likely To Reach USD 200 Billion In Next 6-7 Years

Opportunity India Desk Nov 17, 2023 - 3 min read

India's e-commerce export, presently valued at USD 1 billion per year, is expected to surge to USD 200 billion within the next six to seven years, Santosh Kumar Sarangi, Additional Secretary & Directorate General of Foreign Trade (DGFT) said on Friday. Sarangi emphasized that this projected growth in e-commerce exports plays a crucial ...

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BLive Deploys Ather EVs For Zomato Deliveries In Ahmedabad

Opportunity India Desk Nov 17, 2023 - 2 min read

Building on the successful partnership with Zomato, BLive, India’s top multi-brand EV platform, deploys 30 Ather EVs for Zomato deliveries in Ahmedabad, continuing the mission to expand their EV fleet across twenty Indian cities. This evolution reflects the shared commitment to sustainability and reducing the delivery ecosystem's carbon footprint, promoting a ...

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eBikeGo To Launch E2W And E3W Under Acer Banner

Opportunity India Desk Nov 17, 2023 - 8 min read

Ideas aligning with the goal of a greener future are the need of the hour for India’s urban landscape. With the country’s increasing population comes the challenge of striking a balance between the growing demand for vehicles and preserving the environment. Working inclusively towards such a hand-in-hand approach, eBikeGo has entered the electric ...

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SIDBI To Boost J&K MSMEs With Cluster Infra Development Fund

Opportunity India Desk Nov 16, 2023 - 3 min read

The Small Industries Development Bank of India (SIDBI) has entered into an agreement with the Union Territory of Jammu and Kashmir (J&K) to implement the SIDBI Cluster Development Fund (SCDF), aimed at accelerating infrastructure development for Micro, Small, and Medium Enterprises (MSMEs) in the region. The partnership will facilitate the modernization, upgrading, and ...

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Goods Exports Surge 6.21 Per Cent To USD 33.57 Billion In October

Opportunity India Desk Nov 16, 2023 - 3 min read

India's exports recorded a 6.21 per cent increase, reaching USD 33.57 billion in October this year compared to USD 31.6 billion in the same period last year, according to the Ministry of Commerce and Industry. On the other hand, imports also experienced an uptick, totaling USD 65.03 billion for the month, ...

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