Mergers & Acquisitions
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Opportunity India Desk Feb 18, 2019 - 1 min readThe National Health Authority will collaborate with apex healthcare body NATHEALT-Healthcare Federation of India. This collaboration is aimed at working towards better implementation of the government's flagship programme Ayushman Bharat and getting more private hospitals on board. Dr. Indu Bhushan, CEO, Ayushman Bharat, said, "This collaboration is part of our practice of mutual learning from ...
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Opportunity India Desk Feb 18, 2019 - 1 min readVLCC, beauty and wellness brand, is eyeing to launch 14 wellness centres and five skill development institutes in Tamil Nadu in 2019. This expansion is in line with the brand’s strategy to reach out to more customers as it strengthens its foothold in the region. At present, the company is operating 11 centres in the ...
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Opportunity India Desk Feb 18, 2019 - 1 min readYaantra is planning to expand its operations to over 800 cities and towns in India, engaging more than 40,000 retailers over the next three years. The company, which provides repair services and refurbished smartphones, will also be setting up a network of company-owned and franchisee-run repair centres in 220-250 towns and cities during the same ...
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Opportunity India Desk Feb 16, 2019 - 1 min readNasdaq-listed Brightcove will acquire the online video platform (OVP) business of Ooyala, a provider of cloud video technology. Brightcove, a leading provider of cloud services for video, is buying Ooyala's OVP technology, including video content management and publishing platform Backlot, analytics, live, and underlying IP and associated patents. As part of the agreement, Brightcove will be acquiring ...
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Opportunity India Desk Feb 15, 2019 - 1 min readNavitas Life Sciences, a TAKE Solutions Enterprise, will acquire Life Sciences services player, DataCeutics, in North America. As part of the 2021 growth strategy, the acquisition spearheads the growth of Clinical business in accordance with the global Clinical market. This market is expected to reach $32.9 billion by 2020. Through this acquisition, Navitas Life Sciences ...
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Opportunity India Desk Feb 15, 2019 - 1 min readZoho Corporation, a Cloud-based software firm, will be adding around 1,000 more employees by the end of the year at its Tenkasi office, taking the company’s total headcount to 8,000. The Chennai-headquartered company is on track to meet its target of 10,000 employees by next year. Sridhar Vembu, CEO of Zoho Corp, said, "We are now ...
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Opportunity India Desk Feb 15, 2019 - 1 min readACT Fibernet, an Internet service provider, is planning to expand its products, service offerings and partnerships across various categories. In order to achieve this, the company will be partnering with content providers such as ZEE 5 and Sony Liv amongst others. ACT Fibernet is also looking to start its broadband services in multiple cities across ...
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Opportunity India Desk Feb 14, 2019 - 1 min readKama Ayurveda, an Indian beauty brand, is planning to add 16 new stores in 2019, expanding its portfolio. The brand, running about 40 stores in India, has recently launched in airport locations such as Raipur, Indore, Amritsar and Coimbatore. It has been backed by Lighthouse Funds and sugar baroness Rajshree Pathy. According to Shripad Yesso Naik, ...
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Opportunity India Desk Feb 12, 2019 - 1 min readAurobindo Pharma, a world-leading marketer and manufacturer of generic pharmaceuticals and active pharmaceutical ingredients, has completed the acquisition of Canadian generic pharma firm Apotex's commercial operations and certain supporting infrastructure in five European countries. The Hyderabad-headquartered drug maker, in July 2018, had inked a binding agreement to buy five of Apotex's European businesses, including infrastructure, personnel, ...
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Opportunity India Desk Feb 12, 2019 - 1 min readIndian Institute of Technology (IIT) Hyderabad and MLR Institute of Technology (MLRIT) have signed a Memorandum of Understanding (MoU) for collaborating on teaching and research. The objective of this MOU is to stimulate and facilitate the development of collaborative and mutually beneficial programmes that serve for technical uplift of the campuses of the two institutions. ...