Mergers & Acquisitions
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Opportunity India Desk Oct 03, 2019 - 1 min readOYO and Biz2Credit, an online financing resource for small businesses, have announced partnership to offer working capital and commercial real estate loans to existing and potential hotel partners. The hospitality firm’s partnership with Biz2Credit will be starting from the US market. This partnership will aid OYO’s efforts to provide hotel owners with fast financing efficiently ...
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Opportunity India Desk Sep 27, 2019 - 2 min readMedlife, India’s largest e-health company with three business verticals including pharmacy, diagnostics and e-consultation, has launched an integrated campaign called #BecauseHeartMatters ahead of World Heart Day. As part of the campaign, they have tied up with Facebook to launch an augmented reality (AR) filter to help people understand the technique of cardiopulmonary resuscitation (CPR) in ...
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Opportunity India Desk Sep 20, 2019 - 2 min readSmart Institute, a part of The Shahani Group, is planning to expand its growth into India, South-East Asia, and the MENA region. The group is targeting to expand its footprint in 30 cities nationally within the next 5 years. Additionally, it looks at investing in EdTech through its EdTech platform application ask.CAREERS. Smart Institute has ...
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Opportunity India Desk Sep 16, 2019 - 1 min readStrides Pharma Science Ltd has bought a majority stake in Switzerland-based Fairmed Healthcare AG, the supplier of generic products and over-the-counter drug. Under this deal, Strides has acquired a 70% stake in Fairmed for around Rs 16 crore. This acquisition has been made through its step-down subsidiary Strides Pharma Global Pte Ltd (SPG). With this acquisition, ...
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Opportunity India Desk Sep 14, 2019 - 2 min readKKR & Co Inc has acquired a majority stake in education services provider EuroKids International Pvt Ltd from its existing investor consortium led by Gaja Capital. Founded by Prajodh Rajan and Vikas Phadnis, EuroKids has opened its first pre-school in 2001. It is now one of India’s largest education services providers in the pre-school and kindergarten ...
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Opportunity India Desk Sep 09, 2019 - 2 min readDrivezy, Bangalore-based vehicle sharing platform, has announced a strategic business partnership with OYO Hotels & Homes, India and South Asia’s largest, China’s 2nd largest, world’s 3rd largest and fastest-growing chain of hotels, homes, living, and workspaces. With the alliance, the company looks to leverage OYO’s expansive network of over 10,000leased and franchised buildings with footprints ...
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Opportunity India Desk Aug 26, 2019 - 2 min readThe Indian School of Business (ISB) and IT giant Microsoft India has partnered to build an AI (Artificial Intelligence) Digital Lab. With this creation, both organizations will be collaborating in research which will use Artificial Intelligence (AI) and Machine Learning (ML) to study issues that are relevant for business and public policy. Additionally, the partnership ...
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Opportunity India Desk Aug 24, 2019 - 1 min readKangaroo 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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Opportunity India Desk Aug 23, 2019 - 2 min readThe Coffee Bean & Tea Leaf (CBTL) has been in talks to re-sell its global franchisees. Earlier, the US-based coffee chain was in discussions to sell its global assets to the Philippines' largest food service network operator, Jollibee Foods Corp. Now, The Coffee Bean & Tea Leaf India franchise has been bought up by Haldiram ...
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Opportunity India Desk Aug 20, 2019 - 1 min readWayback Burgers, the US-based fast-casual franchise, has partnered with Uber Eats to provide delivery to burger fans. This collaboration comes on the heels of the debut of the brand’s new, revolutionary delivery vehicle. Recently, America’s Favorite Hometown Burger Joint introduced a new electric delivery and an on-site cooking vehicle, which delivers food and brings the ...