MSME
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Opportunity India Desk Feb 28, 2018 - 1 min readOwned and operated by Gurugram-based UConcepts Solutions LLP, the tech-enabled laundry service provider UClean, has raised $1 million (Rs 6.5 crore) from franchise and retail services provider Franchise India Holdings Ltd. In the same round, US-based angel investor Anubhav Chopra also invested in UClean, company statement read. The startup had raised an un-disclosed amount of ...
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Opportunity India Desk Feb 27, 2018 - 2 min readRobotics-based educational kits seller Avishkaar Box Which caters to school going students has raised Rs 5 crore ($772,500) in a pre-Series A round of funding from Auxano Deals. Delhi-based ed-tech startup stated that the funds will be used for expansion in India and Asia, hire talent and for product development. Avishkaar ...
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Opportunity India Desk Feb 27, 2018 - 2 min readLollypop a digital design startup has pumped in undisclosed amount in angel funding from Dr Devi Shetty, the founder and chairman of super-specialty hospital chain Narayana Health. In a statement the Bengaluru headquartered firm Lollypop said that the money will entirely be utilised for expansion in multiple cities. Founded ...
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Opportunity India Desk Feb 23, 2018 - 3 min readTHB, Clinical research and data analytics startup run by Sekhmet Technologies Pvt Ltd, has raised $2.1 million (Rs 14 crore) in a round led by early-stage venture capital firm Blume Ventures and healthcare-focused VC firm Healthquad. Fireside Ventures, a consumer-focussed venture fund; Apoorva Patni, son of Patni Computers co-founder Ashok Patni ...
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Opportunity India Desk Feb 22, 2018 - 1 min readTech major Wipro has announced a funding approval of 220 crore for setting up of a manufacturing unit in Telangana to produce toilet soaps and other personal care products, The announcement was officialy made by the company’s director Rishad Premji at World Congress on Information Technology in Hyderabad. The project will take up 40 acre ...
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Opportunity India Desk Feb 21, 2018 - 1 min readAurobindo Pharma is eyeing US $1.7-billion privately held European Business in the form of a Canadian Drug Maker Apotex. Known for its high profile litigations in the US against MNC pharma players, Apotex has put on the block its European operations as part of a wider consolidation effort According to the ...
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Opportunity India Desk Feb 21, 2018 - 2 min readIn an attempt to strengthen its content strategy, Mukesh Ambani’s Reliance Industries is acquiring 5% stake in NYSE-listed Eros International, holding company of Indian Cinema Eros International Media (Eros India). In a statement issued by the company, an overseas subsidiary of RIL will acquire Eros’ shares for $15 apiece, at an 18% premium to the ...
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Opportunity India Desk Feb 21, 2018 - 1 min readJK Investors (Bombay) Ltd led Raymond Group has sealed an investment deal worth Rs 425 crore with the government of Maharashtra. According to the group the agreement is aimed to set up residential complex, commercial amenities, school project and sport complex in Nandgaon Peth, Amravati, the group said in a statement. As per the MoU, ...
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Opportunity India Desk Feb 20, 2018 - 2 min readWalmart's investment deal with the home grown giant Flipkart has not only added supply to the local firm but as per the reports the deal may include setting up of a retail - offline - chain in India as well. The deal will pave a way for American retail giant to open retail outlets in ...
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Opportunity India Desk Feb 20, 2018 - 1 min readTwo of the subsidiaries, Apollo Health and Lifestyle and Apollo Specialty Hospitals of Apollo Hospital will be availed the credit facilities by issuing a letter of comfort to Yes Bank and HDFC Bank by the Hospital. Apollo Hospitals has passed a comfort letter of Rs 71 crore to Yes Bank to permit Apollo ...