Leisure & Entertainment
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Opportunity India Desk Dec 05, 2018 - 1 min readPVR is looking to foray into small towns and cities through a sub-brand. In this regard, the multiplex major has been experimenting with a low-cost format, 'PVR Talkies', over the past 3 years. The majority of PVR's revenue comes from tier 1 cities, with tier 2 cities contributing the balance. This move will help the ...
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Opportunity India Desk Jul 25, 2018 - 2 min readFormula 1 is partnering with the Massachusetts Institute of Technology (MIT) to teach executives about technology and innovation on race days. Formula 1 and MIT will jointly create a technology and education series. The organisers of top-tier motorsports series is launching the F1 Extreme Innovation Series with MIT Sloan Executive Education. The program will be ...
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Opportunity India Desk Jul 12, 2018 - 1 min readNSPIRA Management Services Pvt. Ltd, which offers services in the education sector, has raised $75 million (around Rs 515 crore) from Morgan Stanley’s private equity arm and mid-market PE firm BanyanTree Capital. VCCircle was the first to report last month that Morgan Stanley had roped in BanyanTree as a co-investor to ink what would rank ...
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Opportunity India Desk Jul 04, 2018 - 3 min readIn an effort to help young Indians build wealth, 5Paisa.com, India's only e-commerce player in financial products space, has launched the country's largest free online school on investment, reaching over one million users at its launch. The new initiative 5P School - is available both on its website 5Paisa.com and 5Paisa Mobile App. ...
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Opportunity India Desk Jun 28, 2018 - 3 min readWith the aim to help tie in long-term revenue for the Mukesh Ambani-led mobile phone operator, Reliance Jio Infocomm plans to offer a range of online tutorials and vocational training programmes aimed at children, middle and high school students. According to people familiar with the matter, the telco's content team is strategising ways to introduce ...
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Opportunity India Desk Jun 02, 2018 - 2 min readThree IT majors, Microsoft, Tech Avant-Garde and Efee Online have joined hands to help conflict-ridden Kashmiri students to make up for their academic losses due to frequent shutdowns and curfews in the insurgency-ravaged state. The three firms have partnered with the Private Schools Association of Kashmir (PSAK) in starting an online ...
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Opportunity India Desk May 31, 2018 - 1 min readVernacular knowledge-sharing platform Vokal has acqui-hired StupidChat Technology Pvt. Ltd, which runs a quizzing app. Vokal co-founder Aprameya Radhakrishna confirmed about the development. The transaction was first reported by The Economic Times, which said it was a stock deal. The report quoted Vokal co-founder Mayank Bidawatka as saying that ...
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Opportunity India Desk Jan 25, 2018 - 1 min readEducational coaching services provider Rao Edusolutions Pvt. Ltd, which operates under the brand name Rao IIT Academy, has raised structured debt worth Rs 55 crore ($8.6 million) from Avendus Finance, the credit solutions arm of Avendus Capital. Rao Edusolutions will use the credit to scale up its coaching services business and refinance existing loans, Avendus ...
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Opportunity India Desk Sep 29, 2017 - 1 min readIndian Institute of Technology Delhi has joined hands with industry experts to create tech-enabled solutions. The initiative will be part of the first edition of ‘Industry Day’ which will be held on September 23, and is aimed at breaking down silos to catalyse academic-industry collaborations.Speaking about the annual technical exposition V Ramgopal Rao, Director, IIT ...
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Opportunity India Desk Sep 29, 2017 - 1 min readEdu-tech startup, Byju's, has acquired TutorVista and Edurite from Pearson as it expands its offerings to school students in the US and UK.The Bengaluru-based firm did not disclose the financials of the deal, but pointed out it would provide access to newer markets.Byju Raveendran, Founder & CEO, Byju's, "We believe a product like ours can ...