Leisure & Entertainment
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Opportunity India Desk Jun 27, 2019 - 1 min readOnline learning platform Unacademy has raised $50 million in Series D funding round from Steadview Capital, Sequoia India, Nexus Venture Partners and Blume Ventures. The round has also seen participation from Aakrit Vaish, Co-Founder of tech firm Haptik and Sujeet Kumar, Co-Founder of business-to-business online marketplace Udaan, along with Unacademy Founders, Gaurav Munjal and Roman Saini. Gaurav Munjal, Co-Founder ...
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Opportunity India Desk Jun 18, 2019 - 1 min readGreyOrange, a global distribution automation software and robotics company, will showcase its family of Flexible Automation solutions, including the new mobile and modular sortation system, Flexo and the AI-powered goods-to-person system, Butler, at the 9th edition of the India Warehousing Show 2019 from June 20-22 in New Delhi. GreyOrange Flexible Automation solutions are specifically designed ...
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Opportunity India Desk May 14, 2019 - 1 min readToppr is eyeing at hitting around 20 million registered users/app downloads by the end of 2020 from existing 8 million along with $100 million run rate. The edtech startup is competing with the unicorn Byju’s. Zishaan Hayath, CEO and Co-Founder, Toppr, said, “Apps like Khan Academy, Coursera, etc. have an engagement rate, which is time ...
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Opportunity India Desk May 10, 2019 - 1 min readupGrad, an online education venture, has reported a 113% rise in its gross revenue to Rs 121 crore in FY19 as compared to Rs 57 crore in FY18. With the aqui-hire of Acadview’s team during FY19, upGrad consolidated its position as a leading company in the online learning space. The edtech startup widened its communication reach ...
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Opportunity India Desk Apr 30, 2019 - 1 min readThomas Cook (India) Ltd, India’s leading integrated travel and travel related financial services company, has increased its presence in NCR with a new foreign exchange branch in Raj Nagar RDC, Ghaziabad. The branch has been inaugurated by Ambreesh Rastogi and Ankul Kumar, Associate Vice Presidents of the company’s Foreign Exchange business. Thomas Cook India’s internal ...
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Opportunity India Desk Apr 09, 2019 - 1 min readChegg, the Santa Clara-based education technology (EdTech) major, is targeting India for its next level of growth. In order to measure the feasibility of starting operations in the country, the company is studying the market, including other EdTech firms. Chegg is a major player in connected learning or online education space. Having a subscription-based model for college students, the EdTech major offers ...
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Opportunity India Desk Mar 07, 2019 - 2 min readKeeping in line with its goal to simplify the exam preparation journey & make it effective for aspirants leading to better scores; Gradeup, India’s largest preparation platform for competitive exams, has announced the growth of its exam-specific community to 13 million registered users. The company has crossed this milestone within a span of just 3.5 ...
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Opportunity India Desk Dec 26, 2018 - 1 min readPVR, India's largest multiplex screen owner, is planning to invest up to Rs 3000 crore for adding as many as 800-1,000 new screens over the next 3-4 years. Currently, the Ajay Bijli-run company runs nearly 750 cinema screens across the country. Gautam Dutta, CEO of PVR Cinemas, said, "We plan to invest Rs 2,500-3,000 crore for ...
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Opportunity India Desk Dec 20, 2018 - 2 min readGray Matters Capital, an impact investor focused on investing in enterprises working to improve access to affordable quality education and employability in India, has released a report titled 'Efficacy of Mobile EdTech in India: Mapping User Engagement to Learning Outcomes' outlining the key learning. The report is based on the hands-on work done by Gray ...
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Opportunity India Desk Dec 11, 2018 - 1 min readPVR, the leading Indian cinema exhibition company, has signed a long-term deal with Cinionic. Cinionic is a joint venture of global cinema technology leaders Barco, Appotronics, China Film Co (CFG) and CITICPE. As part of the agreement, PVR will install 150 of its screens, both new and existing, with Barco's 2K, 4K and Laser projection ...