MSME

MSME

Reliance Brands prods FirstCry.com to acquire Mothercare rights in India

Opportunity India Desk Feb 06, 2018 - 2 min read

Reliance Brands pipped FirstCry.com to obtain the rights to operate stores of UK-based kids products company Mothercare in India. The deal will give the unit of Reliance Industries control over all Mothercare outlets currently run by DLF Brands, according to three people aware of the matter. Reliance Brands sells international labels such as Diesel, Hamleys, ...

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Emami enters the professional salon segment, to invest in Brillare Science

Opportunity India Desk Feb 05, 2018 - 1 min read

In a strategic agreement, Emami Ltd has planned to investment in Brillare Science through compulsory convertible preference shares which on conversion will result in 26% equity stake in Brillare basis the achievement of agreed future performance of the company. With this, Emami enters the professional salon segment. Brillare has a range of premium hair and ...

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Gaurs group to invest Rs 150 crore in education business

Opportunity India Desk Jan 31, 2018 - 2 min read

Realty firm Gaurs group has decided to invest Rs 150 crore in its education business planning to open two schools and one institution for higher studies in Uttar Pradesh. The company had forayed into education sector In 2014, and opened 'Gaurs International School' in its township at Greater Noida (West) or Noida Extension with an ...

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CureFit gets $10M in debt financing

Opportunity India Desk Jan 30, 2018 - 2 min read

CureFit, the health solutions startup founded by former Flipkart senior executives Mukesh Bansal and Ankit Nagori, has raised about $10 million in debt financing with a significant portion coming from two of India's largest private sector lenders HDFC Bank and Axis Bank. The startup plans to raise more going forward to fund its capital expenditure ...

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Health-tech Start-up eKincare Secures Series A funding

Opportunity India Desk Jan 29, 2018 - 3 min read

Hyderabad-based eKincare, India’s first integrated healthcare benefits platform driven by Artificial Intelligence (AI), has announced today that they have secured an undisclosed amount of Series A funding. The investors involved in the round includeVentureast, Endiya Partners, Eight Roads,Bitkemy Ventures, andPadma Shri BVR Mohan Reddy. eKincare’s AI powered personal health assistant reads medical data from health ...

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ERC Eyecare Bags Fund From Ennovent

Opportunity India Desk Jan 29, 2018 - 1 min read

ERC Eye Care Pvt. Ltd, which provides low-cost eye-care services for the bottom-of-the-pyramid (BoP) market, has received follow-on investment from one of its existing investors, Ennovent India. The additional investment will help the Assam-based company scale up its operations and expand its reach in the northeastern region of the country. In late 2013, ERC had ...

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Axio Biosolutions Bags $7.4Mn Fund In Series B Funding

Opportunity India Desk Jan 29, 2018 - 2 min read

Axio Biosolutions, the first Indian company to launch an emergency haemostat for trauma care, has raised $7.4mn in a Series B funding round led by Ratan Tata’s RNT Capital along with existing investors Accel Partners and IDG Ventures India. Masterkey Holdings was the advisor for the transaction. The company plans to use the funds for ...

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Ed Tech Startup AEON Learning Bags Fund

Opportunity India Desk Jan 23, 2018 - 2 min read

Bengaluru-based AEON Learning Pvt. Ltd, which offers online degree programmes and skill development courses, has raised $3.2 million (Rs 20.43 crore) in a Series B round from MEMG Family Office LLP. AEON will use the latest investments towards growing business from its university partnerships, and skill programmes. The startup expects to reach a student base ...

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Ayurvedic Healthcare KivaShots Bags Fund

Opportunity India Desk Jan 10, 2018 - 1 min read

KivaShots, a Gurugram-based ayurvedic healthcare beverages startup, has raised an undisclosed amount of funding from several marquee investors. The investors that participated in this first angel round are Max Life Insurance CEO Rajesh Sud, Max Healthcare MD Rajit Mehta, Ward Ferry Management chief information officer Vineet Mitera, MindTickle cofounder Mohit Garg, Zomato cofounder Pankaj Chaddha ...

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15,000 small Indian farmers reinforced by $2 mn grants from Walmart Foundation

Opportunity India Desk Dec 02, 2017 - 1 min read

Walmart Foundation declares to donate $2 million to non-profit consulting firm Agribusiness Systems International (ASI) to help small farmers in India diversify markets for their produce. The foundation said, the funding is aimed at implementation of Farmer Market Readiness Project in Andhra Pradesh providing financial support to ASI. "The goal is to improve the livelihoods ...

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