Mergers & Acquisitions
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Opportunity India Desk Jan 14, 2019 - 1 min readIpsaa is eyeing at investing Rs 100 crore to more than double its centres across India by 2020. The day-care chain is further in talks with private equity players to raise $10 million in the next 12-18 months. Shiv Mittal, Co-founder and CEO, Ipsaa, said, "We are looking at opening 125 more day-care centres across ...
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Opportunity India Desk Jan 11, 2019 - 1 min readThe/Nudge Foundation, a non-profit organisation focused on poverty alleviation, has partnered with National Skill Development Corporation (NSDC) to launch the Centre for Skill Development & Entrepreneurship (CSDE). CSDE is India's first institution dedicated to accelerating the impact and scale of the country's skill development and entrepreneurship initiatives. Rajesh Agrawal, Joint Secretary, Ministry of Skill Development & ...
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Opportunity India Desk Jan 11, 2019 - 1 min readAs part of its portfolio expansion plan, Singapore-based Ascendas-Singbridge group is on the lookout to acquire greenfield land in India. The company, which has built about 16 million square feet, is planning to double developmental activities in the next three to four years. The group has developed 11 to 12 parks in the country so ...
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Opportunity India Desk Jan 10, 2019 - 1 min readEdTech platform Talentedge, which offers live and interactive digital learning for working professionals, has acquired a "significant" stake in GreyCampus for an undisclosed amount. Talentedge is further looking to invest Rs 100 crore towards driving inorganic growth and strengthening its position in the ed-tech segment this year. The company stated, "With this investment (in GreyCampus), Talentedge ...
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Opportunity India Desk Jan 10, 2019 - 1 min readITC Ltd has joined hands with the Bamboo Research and Training Centre (BRTC) in Maharashtra for the supply of agarbattis (incense sticks) marketed under its Mangaldeep brand. Under the agreement, BRTC will exclusively produce and package incense sticks as per ITC's specifications. While ITC will facilitate and assist BRTC in achieving best in class manufacturing. ...
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Opportunity India Desk Jan 10, 2019 - 1 min readRealme is planning to expand its footprint in the country by launching exclusive stores in the second half of 2019. India is the world's second-biggest smartphone market after China. The move comes after Foreign Direct Investment (FDI) norms were changed for the e-commerce industry. According to the new FDI policy on e-commerce websites, the government ...
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Opportunity India Desk Jan 10, 2019 - 1 min readEli Lilly and Co will acquire Loxo Oncology Inc for about $8 billion in cash, making its biggest bet on a cancer therapy market expected to be worth several billions of dollars. The cash deal comes on the heels of Bristol-Myers Squibb Co's agreement last week to buy Celgene Corp for $74 billion, and gives ...
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Opportunity India Desk Jan 07, 2019 - 1 min readThe National Stock Exchange of India Ltd (NSE) has signed a Memorandum of Understanding (MoU) with Indian Institute of Technology (IIT) Kanpur for working together on industry-leading cybersecurity solutions and practices. With this MoU, IIT Kanpur faculty will be helping NSE in the areas of cybersecurity. NSE said in a statement, "The NSE-IIT Kanpur partnership aims ...
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Opportunity India Desk Jan 07, 2019 - 1 min readThe US-headquartered NVIDIA is planning to add 100 gaming cafes in India this year, expanding its gaming footprint the country. The graphic processor major has said that India has a bigger scope for growth with its increasing online gaming community. Currently, there are nearly 100 such gaming cafes and less than 1000 non-exclusive cafes. The ...
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Opportunity India Desk Jan 05, 2019 - 1 min readEdtech startup Fusion Klassroom Edutech Pvt Ltd is planning to raise $2 million to further expand its operations. In December 2017, the startup had raised $250,000 in a funding round led by Mohan Mechem Projects Pvt Ltd, Dhaval Patel, Nachiket Dighe and Pramod Dighe. Co-Founded by Alka Javeri, Dhruv Javeri and Dhumil Javeri in 2016, ...