Mergers & Acquisitions
-
Opportunity India Desk May 08, 2019 - 1 min readFabindia will be expanding its retail footprint in eastern India with 10 new stores. These stores will mostly be franchise-owned as the company is focusing on franchisees. Recently, the home and lifestyle brand has opened its experience centre at Loudon Street, Kolkata. This is the first such facility provided by the company in Eastern India. Currently, Fabindia ...
-
Opportunity India Desk May 07, 2019 - 1 min readAsia Healthcare Holdings (AHH) has inked definitive agreement to buy Nova IVI Fertility. Founded by US private equity firm TPG Growth, AHH at present operates a chain of 12 women and children’s hospitals across India under the Motherhood brand. Nova fertility is operating India’s second largest network of in vitro fertilisation (IVF) centres with 20 centres ...
-
Opportunity India Desk May 07, 2019 - 1 min readThe National Skill Development Corporation (NSDC) has tied up with the UAE-based Emirates Driving Institute and the Youth Chamber of Commerce for establishing driver training institutes in various parts of India. This collaboration will help offer employment opportunities for Indians who wish to work in the UAE and other parts of the Middle East. NSDC ...
-
Opportunity India Desk May 07, 2019 - 2 min readBookMyShow and Coca-Cola Arena have entered into a strategic, long-term partnership in Dubai, one of the region's biggest indoor, multipurpose arenas. BookMyShow will be the Founding and Preferred Ticketing Partner for all live entertainment experiences at the Coca-Cola Arena over the next five years. Through this deal, BookMyShow will usher in the best-in-class, out-of-home entertainment ...
-
Opportunity India Desk May 06, 2019 - 1 min readOnline pharmacy Medlife has acquired Myra, a Bengaluru-based medicine-delivery startup, in an all-stock deal. This acquisition will enable Medlife to strengthen its pharma business and accrue profits. Post acquisition, Medlife will be gaining access to Myra’s express delivery segment and expand the service to 22 cities in the coming months. Tushar Kumar, Founder and CEO, Medlife, said, “Our acquisition of ...
-
Opportunity India Desk May 06, 2019 - 1 min readJohnson Controls-Hitachi Air Conditioning India is eyeing a 15% growth in the residential AC segment this year helped by its inverter range. The company expects to almost double the sales of its inverter range of ACs and around 50% growth in sales of 5-star inverter ACs over the previous year. Apart from this, the air conditioner maker, which ...
-
Opportunity India Desk May 06, 2019 - 1 min readE-commerce platform Shopclues is looking to ramp up its offline presence by unveiling 100 franchisee stores in 2019-20. The company had opened its first store in Lucknow in November last year. Shopclues has set its sight on expanding in the east and Northeast, beginning with Bengal. After Bengal, the Gurgaon-based company will be expanding in ...
-
Opportunity India Desk May 03, 2019 - 1 min readIIT-Madras has collaborated with the University of Technology Sydney for bringing in international expertise together in order to address the need of the urban poor quality, cheaper and durable housing. The partnership between both the universities includes a broad range of research collaborations and a series of joint PhD supervisions. This project is funded by ...
-
Opportunity India Desk May 02, 2019 - 2 min readOYO Hotels & Homes will acquire Amsterdam-based @Leisure Group, a leading vacation rental company in Europe. OYO will buy @Leisure from Axel Springer, the media and Technology Company. @Leisure manages holiday homes, holiday parks, and holiday apartments. With this acquisition, OYO will move a step closer in realizing its vision of becoming a global real ...
-
Opportunity India Desk May 02, 2019 - 1 min readKasikornbank has collaborated with Kumon, a world-class education franchiser from Japan, to launch tutoring schools under the Kumon franchise brand. KBank will be granting up to 70% of investment value. Both the companies target to add 22 additional Kumon branches in Bangkok and upcountry. This will bring the total number of Kumon centres to over ...