Mergers & Acquisitions
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Opportunity India Desk Dec 17, 2018 - 1 min readBistro Hospitality, Indian joint venture partner of American casual dining chain TGI Fridays, will dilute stake and raise private equity funding to finance expansion. The funds will be raised for the first time since it set up the brand in India more than two decades ago. Bistro Hospitality is operating an existing network of 11 ...
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Opportunity India Desk Dec 15, 2018 - 1 min readMiniso, an international fast-fashion brand, is aiming to open 800 stores by 2020. It is focussing on expansion in tier-2 markets besides metros. The brand forayed into India in 2017. Young Liu, Chief Business Development Officer, Miniso India, said, "Our aim is to have 800 stores by 2020 in India. We believe the brand has ...
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Opportunity India Desk Dec 14, 2018 - 1 min readIndia’s leading health and fitness brand 'Talwalkars Lifestyles' has collaborated with Growfitter to launch the country’s first ever Artificial Intelligence (AI)-based Incentivized Wellness Program. Talwalkars has more than 252 ultra-modern gyms spanning 84 cities in India and Sri Lanka. It is the only fitness company to secure BSE and NSE listing. Prashant Talwalkar, Talwalkars Lifestyles, ...
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Opportunity India Desk Dec 14, 2018 - 1 min readAmazon India has partnered with the Federation of Indian Micro and Small and Medium Enterprises (FISME) for empowering micro, small, and medium enterprises (MSMEs) to tap growth opportunities in the e-commerce sector. This partnership is in line with Amazon's vision of transforming the way India buys and sells. With this collaboration, Amazon will be conducting various ...
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Opportunity India Desk Dec 13, 2018 - 1 min readNayati Healthcare has collaborated with Sunder Lal Jain Trust for managing and operating Sunder Lal Jain Hospital in Ashok Vihar, New Delhi. Nayati, through this collaborative agreement, will be extending its superlative clinical and technological expertise with the goal to enhance the delivery of high-quality health care to people of the region. This is the ...
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Opportunity India Desk Dec 13, 2018 - 1 min readFabHotels, operating primarily through franchising arrangements, is planning to double its inventory to 20,000 rooms by the end of 2019. Vaibhav Aggarwal, Co-Founder of Goldman Sachs and Accel Partners-backed FabHotels, said, "We have about 10,000 rooms across 450 franchising hotels. We don’t do aggregation. We want to double the inventory next year to 20,000 rooms." ...
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Opportunity India Desk Dec 11, 2018 - 1 min readNiti Aayog is collaborating with Indian Institute of Technology (IIT) Patna for developing a voice interface that can be used by India's billion-plus population to address day-to-day issues related to agriculture, skills, health or education. Like Amazon Alexa or Google Home, it will be a virtual assistant device capable of voice interaction, music playback, to-do ...
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Opportunity India Desk Dec 10, 2018 - 1 min readAs part of an expansion plan, Barcelos is planning to launch 12 more restaurants in India by the end of 2019-20. South African restaurant chain has one restaurant each in Delhi, Lucknow, Kolkata, Jaipur, Hyderabad, Chennai and two in Mumbai. The company will add its new restaurants in Bengaluru, Pune, Goa, Chandigarh, ...
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Opportunity India Desk Dec 10, 2018 - 1 min readBrainly, the world's largest peer-to-peer learning and knowledge sharing community, is planning to expand its operations in India. The edtech platform has around 10 million students, parents and teachers in the country already accessing its platform each month. Michal Borkowski, Co-Founder and CEO of Brainly, said, "We see a great potential for peer-to-peer learning in ...
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Opportunity India Desk Dec 06, 2018 - 1 min readCL Educate Limited (CL), India's leading education and knowledge services provider, has inked a Memorandum of Understanding (MOU) with EvueMe Selection Bot. Under the MoU, CL Educate will introduce a new Mock Interview Product named "iGuru" in strategic partnership with EvueMe Selection Bot. This product is aimed at helping students & professionals prepare for various ...