Mergers & Acquisitions
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Opportunity India Desk Dec 27, 2018 - 1 min readArvind, the $1.7-billion textile-to-retail conglomerate, prepares for a boom in its domestic garmenting business by launching capacities across states in India. The company has made an announcement of 16 million annual garment manufacturing facility in Ranchi, Jharkhand, at an investment of Rs 3 billion. The announcement of adding new facility is part of Arvind's plans ...
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Opportunity India Desk Dec 27, 2018 - 1 min readIn order to expand to new markets, Tiger Global and Hero Motocorp backed Ather Energy is planning to raise Rs 200-300 crore over the next year. The funds raised will also be used by the company to expand its manufacturing capacity. In June 2018, Ather Energy had introduced two scooters, Ather 450 and Ather 340. ...
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Opportunity India Desk Dec 26, 2018 - 1 min readJSM Corp is planning to add four-five Hard Rock Cafe (HRC) outlets over the next two years. It is also looking at expanding the number of California Pizza Kitchens (CPK) through a joint venture. JSM is a master franchisee of international casual dining brands like HRC, CPK, Shiro, Asilo, and Tsuki. Sanjay Mahtani, Founder and ...
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Opportunity India Desk Dec 24, 2018 - 1 min readDrone manufacturer Zuppa, owned by Chennai-based Sree Sai Aerotech Innovations Pvt Ltd (SSAI), is looking to raise about Rs 100 crore in the next few months to fuel its expansion plans. The company's move comes after the government issued new regulations on the use of drones by private citizens, lifting a previous ban. Zuppa is planning to use ...
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Opportunity India Desk Dec 24, 2018 - 1 min readBloom Hotel Group is planning to step up its brand expansion across cities in India with an aim to reach at least 100 hotels in the next couple of years' time. Presently, the hotel group is managing nine mid-market properties in the country with more than 500 rooms under their management in cities such as ...
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Opportunity India Desk Dec 21, 2018 - 1 min readStellar, India's leading data recovery firm, is expanding its operations to newer markets such as China, Korea, Turkey, and South America to tap into the growing data market. Recently, the company has completed 25 years of operations. Stellar counts India and the US as its largest markets, with each accounting for about 18% of its ...
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Opportunity India Desk Dec 20, 2018 - 1 min readipsaa, India’s largest, independently owned chain of day care centres, has announced the company’s plans to operate 200 centres in India within the next 24 months. Kanchan Mittal, Co-founder and Chief Operating Officer of ipsaa, said, “Growing working population in India has led to significant demand of credible and quality child care. We have observed ...
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Opportunity India Desk Dec 18, 2018 - 1 min readCygnett Hotels and Resorts, affordable luxury hospitality brand, has chalked out an aggressive plan to expand its operations in India and abroad with a planned investment of Rs 280 crore over the next fiscal. Sarbendra Sarkar, Founder and MD of Cygnett, said, "We are scouting locations in cities like Rishikesh and Vrindavan. By 2020, we ...
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Opportunity India Desk Dec 18, 2018 - 1 min readIndustry body Nasscom has partnered with the Indian Institute of Technology (IIT) Madras for its FutureSkills Platform. Under this platform, Nasscom is targeting to re-skill/upskill four million people from the IT-ITeS industry, students entering the workforce and employees of other industries/government on digital skills. Nasscom said, "The partnership (with IIT-Madras) will facilitate the building of ...
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Opportunity India Desk Dec 17, 2018 - 2 min readEupheus Learning, a Delhi based Ed Tech company, has announced its tie-up with Perfectice, a US-based analytics platform, to launch the 'AVOCADO APP', with the tagline Practice to Perfection. Currently, the App hosts Maths and Science practice questions but gradually other subjects will also be added on the platform. AVOCADO is an app to practice ...