MSME

MSME

Amazon, Buffett, JPMorgan pick Gawande to lead health firm

Opportunity India Desk Jun 21, 2018 - 2 min read

Amazon, JPMorgan Chase and Berkshire Hathaway have picked well-known author and Harvard professor Dr. Atul Gawande to transform the health care they give their employees. The three corporate titans said today that Gawande will lead an independent company focused on a mission they announced earlier this year: figuring out ways to improve a broken and ...

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Goldman Sachs to pump $500 mn into women led companies

Opportunity India Desk Jun 20, 2018 - 1 min read

In an attempt to close the gender investing gap, Goldman Sachs Group Inc will pump $500 million into companies led, founded or owned by women, the Wall Street bank said on Tuesday. The program, Goldman Sachs’ second geared toward female entrepreneurs, will also help clients invest directly in private, late-stage companies or provide seed capital ...

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Sri Sri earmarks Rs 200-cr investment to fight Patanjali

Opportunity India Desk Jun 08, 2018 - 3 min read

As Sri Sri Ravi Shankar’s FMCG brand Sri Sri Tattva has earmarked about Rs 200 crore for advertising and promotion as it plans to ramp up its marketing spend, said media buyers. The firm tries has entered into the FMCG firm at a time when Baba Ramdev’s Patanjali already dominates the Ayurveda and herbal products sphere. The new entrant in ...

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PremjiInvest invests Rs 1,700 cr on Future Retail, buys 6%

Opportunity India Desk Jun 08, 2018 - 2 min read

The family office of Wipro founder Azim Premji, PremjiInvest has confirmed mega investment of $250 million, or Rs 1,700 crore, to pick up 6% in Kishore Biyani-led Future Retail. Premji bought shares from the Bharti Group in a block deal, the company informed the exchanges on Thursday. The largest in brick-and-mortar retail appeared in ...

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Sequoia capital leads Series B funding round in social commerce platform Meesho

Opportunity India Desk Jun 07, 2018 - 2 min read

Bangalore- and California-based Meesho, an online marketplace for resellers, has raised $11.5 million in a Series B round of funding led by Sequoia Capital India, a company statement said. Existing investors SAIF Partners, Y Combinator and Venture Highway also participated in the round, the statement added. Meesho said it ...

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Arvind to raise garment output with Rs 1,500 crore capital Infusion

Opportunity India Desk Jun 07, 2018 - 2 min read

The makers of Arrow and US Polo Association apparel in India, Arvind has decided to invest Rs 1,500 crore in three years to increase its garment-making capacity from fabric by six-fold to meet the rising demand for branded apparel and fashion garments, a senior executive said. “Today, we convert only 10% of our ...

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Paytm’s Vijay Shekhar Sharma and Shailesh Vickram Singh launch $150-mn environment protection fund

Opportunity India Desk Jun 06, 2018 - 3 min read

Paytm founder Vijay Shekhar Sharma and venture capitalist Shailesh Vickram Singh have partnered to launch a $150-million environment protection-focused fund. The launch of the stage-agnostic, yet sector-focused Massive Fund is the second example of a notable entrepreneur and well-known venture capital investor coming together to launch a new investment vehicle, after ...

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health-tech startup Navia raises Rs 67 lakh Fund from Evalueserve ex-COO’s investment firm

Opportunity India Desk Jun 06, 2018 - 2 min read

Health-tech startup Navia Life Care Pvt. Ltd has raised a bridge round of $100,000 (Rs 67 lakh) from existing investor Benori Ventures LLP, which is led by research major Evalueserve’s former chief operating officer Ashish Gupta. According to the startup, that angel investors including Dr Rahul Verma and Sorabh Agarwal had ...

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Srinagar's Online handicrafts marketplace 'Kashmir Box' gets backing from Angel Investors

Opportunity India Desk Jun 05, 2018 - 2 min read

Srinagar-based online marketplace for handicrafts, handlooms and local produce, Kashmir Box has raised an undisclosed amount in an angel funding round from a clutch of prominent investors, a company statement said. The investors who participated in the round included Bhairavi Jani, director at supply chain management firm SCA Group, which owns the private air cargo ...

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Home based healthcare aggregator Zoctr gets backing from NB Ventures

Opportunity India Desk Jun 05, 2018 - 2 min read

Online health-related services startup and home-based wellness packages, Zoctr has raised an undisclosed amount in a pre-Series A round of funding from Dubai-based NB Ventures Ltd, a company statement said. A host of angel investors including Udaipur Angel Network also participated in this round. With this round, the total ...

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