Mergers & Acquisitions
-
Opportunity India Desk Oct 06, 2018 - 1 min readMumbai-based pharmaceutical company Elbrit Life Sciences has announced plans to expand its footprint in the domestic pharmaceutical industry. Currently, the company is in talks to raise $3 million from its parent investment firm Capital Investments and a Qatar-based investment firm. This investment will help the company to expand its domestic footprint in the branded formulation business. ...
-
Opportunity India Desk Oct 06, 2018 - 1 min readWith an aim to tap the growing potential in smaller towns, Cab-hailing service Uber India is planning to expand its services beyond 31 cities in the country. Uber’s rival Ola has a presence in 110 cities across India. Uber is also focusing on transforming its role from being a point-to-point car firm to a complete ...
-
Opportunity India Desk Oct 06, 2018 - 1 min readOnMobile Global Limited has announced a strategic partnership with bKash Limited, the largest Mobile Financial Services (MFS) provider in Bangladesh, facilitating its customers to purchase premium mobile entertainment contents from OnMobile platform through bKash. Having around 30 million registered customers, bKash offers services such as Cash In and Cash Out, Person to Person Fund Transfer, ...
-
Opportunity India Desk Oct 05, 2018 - 1 min readGaja Capital, a homegrown private equity fund, has acquired a minority stake in sports education and training company KOOH Sports for Rs 75 crore. Gaja Capital will invest in KOOH Sports via a mix of primary and secondary stake purchase, where some of the existing investors will make a partial exit in this investment round. The sports education ...
-
Opportunity India Desk Oct 05, 2018 - 1 min readWith an aim to expand its Townhouse brand, OYO is planning to launch 400-500 OYO Townhouse hotels by next year. Presently, the Softbank-backed company has 45 Townhouse hotels. Last month, OYO ventured into the UK by opening Townhouse hotels in London. It is looking to deepen the Townhouse presence in the UK and Indian cities, ...
-
Opportunity India Desk Oct 04, 2018 - 1 min readHonda Motorcycle & Scooter India (HMSI) will infuse fresh funds to the tune of Rs 630 crore to set up a new assembly line in its Gujarat plant for expanding its capacity by 0.6 million units per annum to seven million. The company will build a new production line at its Vithalapur Plant near Ahmedabad, which will ...
-
Opportunity India Desk Oct 04, 2018 - 1 min readGMR is planning to expand the Rajiv Gandhi International Airport (RGIA) in Hyderabad. It is looking to expand passenger handling capacity of the airport to 50 million passengers per annum (MPPA) from the current capacity of 25 MPPA. The Expert Appraisal Committee (EAC) of the Ministry of Environment and Forests (MoEF) had recommended allotting Terms of ...
-
Opportunity India Desk Oct 04, 2018 - 1 min readEureka Forbes, a Shapoorji Pallonji group firm, has partnered with a US-based home cleaning solutions and floor care company, Bissell, to strengthen its foothold in the premium cleaning category. Through this partnership, Eureka Forbes has introduced a first-of-its-kind range of Zero-bend, Upright and Multifunctional vacuum cleaners for Indian consumers. Targeting millennials and double-income house, the new products are ...
-
Opportunity India Desk Oct 04, 2018 - 1 min readDelos, a wellness real estate and technology firm, has collaborated with Knight Frank India to incorporate wellness technologies and promote healthy buildings in India. As part of this new relationship, Knight Frank India will extend Delos technology and product offerings in the country, including the DARWIN (Delos Automated Residential Wellness Intelligence Network) platform. This platform ...
-
Opportunity India Desk Oct 03, 2018 - 1 min readInter National Institute of Fashion Design (INIFD) will open more than 300 franchise centers in the next two years. INIFD is the world’s largest network of Design Institutes. Currently, INIFD has 184 centres. It is planning to open franchise centers in tier-2 and tier-3 cities. Anil Khosla, CEO of INIFD, said, "Our target is to ...