Mergers & Acquisitions
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Opportunity India Desk Apr 11, 2019 - 1 min readWorkafella, the Chennai-based co-working space provider, is eyeing at growing three times its present size by the end of 2019. The company is looking to foray into New Delhi and NCR with plans to also enter the tier two cities. Currently, Workafella has 9,000 fully functional operational seats and 6000 seats in fit-out stage in ...
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Opportunity India Desk Apr 10, 2019 - 2 min readAnytime Fitness, a global co-ed fitness chain from the USA, has announced a global partnership with Special Olympics. Anytime Fitness will encourage the owners and staff members at nearly 4,500 gyms to voluntarily coach, train and support Special Olympic athletes worldwide. To maintain their shared commitment to help all people lead healthy and happy lives, Anytime Fitness ...
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Opportunity India Desk Apr 10, 2019 - 1 min readInterContinental Hotel Group (IHG), the Global hospitality chain, is planning to add 39 new properties in India in the next three years. It is eyeing at having 150 hotels in the country. Currently, the group has 39 hotels operational with 7,000 rooms and 39 in the pipeline that are expected to be operational in the ...
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Opportunity India Desk Apr 10, 2019 - 2 min readThe New Shop, a chain of high-speed retail stores by ProductX Ventures, has announced their strategic partnership with Kevin Harrington, an original “Shark” on the Emmy-winning TV show Shark Tank. Kevin brings with him extensive experience in business, retail, and distribution along with his expertise in building and scaling consumer products and the art of ...
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Opportunity India Desk Apr 09, 2019 - 1 min readSahara Hospitality, which runs the luxury hotel Sahara Star near Mumbai’s domestic airport, is planning to invest Rs 3,000 crore to set up three more properties in north India. Chintan Shah, Virtual Head of Finance, Hotel Sahara Star, said, "We might invest Rs 3,000 crore on new properties. Sahara Group has huge land banks across ...
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Opportunity India Desk Apr 08, 2019 - 1 min readAudio equipment maker JBL by HARMAN, owned by South Korean tech major Samsung Electronics, is eyeing at expanding its footprint in the Indian audio market, which is forecast to grow more than 15% in 2019. In August 2018, JBL entered the e-commerce sector by introducing its online store. Its online brand store sells the entire range ...
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Opportunity India Desk Apr 06, 2019 - 1 min readThe Indian Institute of Technology (IIT) Madras and General Electric (GE) have collaborated for establishing a ‘Cold Spray’ SMART (Surface Modification and Additive Research Technologies) Laboratory. This is the first of its kind High-Pressure Cold Spray (HPCS) facility that is being installed in any academic institute in the country. This collaboration is in line with ...
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Opportunity India Desk Apr 05, 2019 - 1 min readCaredose, a medical technology startup, is eyeing to expand its footprint to five new cities, including Hyderabad, Mumbai, Pune, Chennai and Bengaluru. Kinshuk Kocher, COO of Caredose, said, "We will also be looking at global expansion next year. Our target countries include Indonesia, Qatar, the UAE, the UK, Nigeria, and South Africa where we will be focusing on both private ...
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Opportunity India Desk Apr 04, 2019 - 1 min readAster DM Healthcare is looking to invest about Rs 1000 crore for expanding its hospital facilities in India. The group will set up new hospitals in Kerala as well as in Bengaluru and Chennai. Dr Azad Moopen, Chairman of the group, said, “We plan to add 1500 beds to the existing 4300 in the country by ...
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Opportunity India Desk Apr 01, 2019 - 1 min readCoWrks, the shared office space provider, will raise $350 million equity to fund domestic and foreign expansion. CoWrks, backed by property developer RMZ Corp, has hired Morgan Stanley and Bank of America Merrill Lynch for the fundraise. The Bengaluru-based company has 23 centres across Bengaluru, Mumbai, Hyderabad, Chennai, Delhi and Gurugram. It is further looking to ...