Mergers & Acquisitions
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Opportunity India Desk Oct 29, 2018 - 1 min readThe National Association of Software and Services Companies (Nasscom) has signed a Memorandum of Understanding (MoU) with Dubai Internet City (DIC) to help small and medium-sized Indian enterprises (SMEs) expand their operations in the Middle East and North Africa region. The deal is the first of its kind in the Middle East and North Africa ...
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Opportunity India Desk Oct 29, 2018 - 1 min readWard Wizard Solutions India Pvt Ltd, a technology and health-oriented company, has collaborated with Franchise India, Asia's largest integrated franchise solution company, for the expansion of its brand. Through this collaboration, Ward Wizard Solutions is launching its electric bikes under the brand name "Joy e-bikes". Currently, the company is in the space of electric bikes ...
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Opportunity India Desk Oct 26, 2018 - 1 min readLenexis Foodworks has announced Rs 150 crore expansion plan for launching 70 new 'Wok Express' outlets within the next three years. Wok Express is planning to penetrate its reach in Bengaluru, Hyderabad and New Delhi. The whole expansion will be funded via internal accruals. Currently, the three-year-old company is operating 35 outlets across all major malls ...
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Opportunity India Desk Oct 26, 2018 - 1 min readChinese premium smartphone maker OnePlus has partnered with Reliance Digital to expand its offline reach in India. The partnership of OnePlus and Reliance Digital will enable them to create more retail touch points for customers to experience and purchase OnePlus mobile phones across cities in the country. As part of the deal, both the companies ...
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Opportunity India Desk Oct 25, 2018 - 1 min readTSW has signed a pact with Wharton Executive Education to market two marquee management courses, named General Management Program and Advanced Finance Program, in India. The two programmes are designed by Wharton Executive Education to cater to business owners, entrepreneurs, senior business leaders, senior-level executives and high-potential professionals. David Heckman, Regional Director, Wharton Executive Education, ...
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Opportunity India Desk Oct 25, 2018 - 1 min readManipal Health Enterprises Ltd is in talks to acquire a stake in Gurugram-based super-specialty hospital Medanta—The Medicity. The proposed transaction will enable The Carlyle Group, a private equity firm, to exit Global Health Pvt Ltd, operating Medanta. Carlyle owns a minority stake in Medanta. If the acquisition goes through, Singapore state investment firm Temasek Holdings, ...
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Opportunity India Desk Oct 25, 2018 - 1 min readCrocs, a Colorado-based footwear company, will open four more stores in Mumbai, Chennai and two other major cities in India. By launching these stores, Crocs would cross 100 stores mark in the country. Currently, Crocs India is operating 96 stores. It is further looking to launch four new stores in Bangalore, Surat, Mumbai and Chennai ...
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Opportunity India Desk Oct 25, 2018 - 1 min readFranchise India has collaborated with Chaiiwala, one of the UK's popular Indian street food and casual dining brands. The eatery is planning to open about 150-200 outlets in India over the next five years. Franchise India brings international brands into the country through franchise agreements. The company has clinched a master franchise agreement with Chaiiwala ...
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Opportunity India Desk Oct 24, 2018 - 1 min readThe Indian Institute of Management in Ahmedabad (IIM-A) is planning to expand its infrastructure for accommodating 380 more students on its campus. For this, the premier business school has sought a loan of Rs 316 crore from the Higher Education Funding Agency (HEFA). The list of infrastructural requests include a new academic complex, a state-of-the-art ...
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Opportunity India Desk Oct 24, 2018 - 1 min readAstraZeneca will acquire a newly-issued equity stake of 9.8% in smaller French peer Innate Pharma. The acquisition will strengthen AstraZeneca's presence in the field of immuno-oncology. The British drugmaker will buy the stake via around 6.26 million new shares being issued to it at a price of 10 euros per share. Pascal Soriot, Chief Executive Officer of ...