Articles
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Opportunity India Desk Oct 07, 2022 - 2 min readThe Karnataka government is again in headlines due to its recent declaration of App-based cab and bike aggregators as “illegal”. Services from major names in the industry like Ola, Uber, and Rapido have been barred under this order. An order has been passed by the Karnataka transport department order calling autos services provided by these ...
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Opportunity India Desk Oct 06, 2022 - 3 min readIndore-based BimaKavach, a business Insurance tech Start-up, has raised USD 2 MIllion in seed funding led by WaterBridge Ventures, along with Blume Ventures, Arali Ventures and Eximius Ventures. The company said that it will utilise these funds for designing new-age business risk covers, investing in its proprietary risk management technology and scaling business and teams. Tejas ...
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Opportunity India Desk Oct 06, 2022 - 2 min readA private survey reported that India’s services industry slumped in September to a six-month low, led by a substantial easing in demand amid high inflation. The S&P Global India services Purchasing Managers’ Index fell to 54.3 in September from August’s 57.2. Despite staying above the 50-mark separating growth from contraction for the fourteenth straight month ...
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Opportunity India Desk Oct 06, 2022 - 2 min readThe 2-day Invest Rajasthan Summit which going to start from October 7, will be inaugurated by state chief minister Ashok Gehlot where top industrialists and around 3000 delegates across the country and abroad will take part. Industrialists including Vedanta Group Chairman Anil Agarwal, ArcelorMittal Chairman and MD LN Mittal, Adani Group Chairman Gautam Adani, Tata Power CEO ...
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Opportunity India Desk Oct 06, 2022 - 3 min readVisa India is planning to help women-led business, from various states in India, in the upcoming three years. The Company will invest USD 1 million, in various types of training and skill development programmes, under this initiative. United Way Mumbai, a non-profit organization, will act as the mediator during the whole process. This program is ...
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Opportunity India Desk Oct 06, 2022 - 2 min readIn line with Prime Minister Narendra Modi’s ‘Aatmanirbhar Bharat’ initiative, Gujarat Chief Minister Bhupendra Patel has laucned ‘Aatmanirbhar Gujarat Schemes for Assitance to Industries’ to attract investment of INR 12.50 trillion and employment generation for around 15 lakh people in the next five years. The Scheme is aimed at encouraging budding entrepreneurs to fulfil their ...
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Opportunity India Desk Oct 04, 2022 - 3 min readIn order to scale up its manufacturing, supply chain infrastructure and accelerate product development and augment talent across key functions in the organisation, Euler Motors—an electric vehicle company building commercial vehicles, has raised USD 60 million in its series C fundraise led by GIC Singapore. With this, Euler Motors also plans to expand its retail ...
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Opportunity India Desk Oct 04, 2022 - 3 min readLooks, a popular salon chain is a premium salon for men and women, has announced to open over 200 outlets to grow its presence in the market. The brand is eyeing to conquer the north and east with its upcoming store opening planned at Kolkata in Park Street. It has built an impressive presence in ...
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Opportunity India Desk Oct 04, 2022 - 3 min readThe Telecom Minister Ashwini Vaishnaw said that the central government is going to set up around 100 labs for 5G technology across the country and out of these, 12 of the labs will be used to train students and conduct experiments. The minister also asked companies participating in the Indian Mobile Congress, a digital technology ...
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Opportunity India Desk Oct 04, 2022 - 3 min readThe Central government has approved INR 36,000 crore to install new 25,000 towers in next 500 days for the better connectivity as it is vital for the Digital India and its reach to every corner of the country, Minister for Communications, Electronics & Information Technology and Railways, Ashwini Vaishnaw said. The minister was addressing the ...