MSME

MSME

Lenskart raises investment from multiple investors

Opportunity India Desk Sep 29, 2017 - 1 min read

Lenskart, one of the fastest growing sellers of prescription eyeglasses, sunglasses and contact lenses in India raised Rs. 135 crore in fresh capital from new and existing investors. Lenskart’s series C of fund-raising is a co-investment led by TPG Growth, with participation from Hong Kong-based TR Capital and existing investor IDG Ventures for a significant ...

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Green Gold seeks investors in tier-II cities

Opportunity India Desk Sep 29, 2017 - 1 min read

Green Gold Store is focusing on franchise expansion in tier-II cities, including Pune, Ahmedabad and NCR. The brand is present in 16 cities across the length and breadth of India. Sudeesh Varma, Head, Green Gold Store, which has all the products and merchandise of Chhota Bheem, told Franchise India, "For Green Gold Store, the ...

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Franchise India, Religare join hands to lend Rs 500 cr loan to small businesses

Opportunity India Desk Sep 29, 2017 - 1 min read

Franchise India has joined hands with financial services group Religare Enterprises Ltd to provide Rs 500 crore loan for small businesses, especially franchise owners in a span of two years. Gaurav Marya, Chairman, Franchise India says: “We have tied up with non-banking financial company (NBFC) Religare for providing Rs 500 ...

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Singapore’s Temasek likely to invest in DIL

Opportunity India Desk Sep 29, 2017 - 1 min read

Incorporated in 1974, a Singapore-based Investment Company Temasek may invest in KFC, Pizza Hut and Costa Coffee. The investment is heard to be about Rs 400 crore. Supported by 11 offices globally, Temasek owns S$223 billion portfolio as at 31 March 2014, mainly in Singapore and Asia.The investments are heard to be made in Devyani ...

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FirstCry.com raises $15 million

Opportunity India Desk Sep 29, 2017 - 2 min read

Vertex Venture Management, through one of its funds, led a $15 million investment into Brainbees Solutions Pvt Ltd, which owns the FirstCry.com brand. Vertex is a subsidiary of Temasek Holdings. Existing investors in the company IDG Ventures India and Saif Partners also participated in this third round of funding. Brainbees currently has four warehouses ...

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Yum Brands to invest $ 10 billion by 2020

Opportunity India Desk Sep 29, 2017 - 1 min read

US-based Yum! Brands Inc that owns KFC, Taco Bell and Pizza Hut chains plans to invest $10 billion along with its franchise partners to have 20,000 restaurants in emerging markets, including India, by 2020. Currently, Yum! Brand has presence in 130 countries. The fast food chain opened its 40,000th restaurant globally, in Goa. ...

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Bikanervala to invest 250 crore on expansion

Opportunity India Desk Sep 29, 2017 - 1 min read

Packed snacks and food chain, Bikanervala will invest up to Rs 250 crore over three years to open more restaurants and increasing production capacity. Suresh Goel, CEO, Bikanervala Foods Pvt Ltd, said: “We are expanding very fast and we will invest up to Rs 250 crore by 2015 to increase our production capacity and ...

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Touristor Shoes plans 12 EBOs

Opportunity India Desk Sep 29, 2017 - 1 min read

Kolkata based footwear brand Touristor plans to invest Rs 5 crore to open 15 shop-in-shops and 12 exclusive outlets. These would be both via franchising as well as company owned. The retail brand has recently unveiled stores in Nagpur, Ranchi, Alipurduar, Agartala and shop-in-shops in Moradabad spread over an average area of 1,200 sq. ft ...

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Sangeetha Mobiles set to raise Rs 100 Crore PE Fund

Opportunity India Desk Sep 29, 2017 - 1 min read

Bengaluru based mobile-phone retail chain Sangeetha Mobiles Pvt. Ltd is all set for pan India expansion by raising over Rs 100 crore through private equity funds. The company plans to go beyond the existing 150 stores in Karnataka, Andhra Pradesh and Tamil Nadu to over 250 stores by the end of the financial year ...

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Small Medium Entrepreneur magazine launches at FI 2011

Opportunity India Desk Sep 29, 2017 - 1 min read

Honorable Member of Parliament in the 15th Lok Sabha and Union Minister, Ministry of MSME, Sh. Virbhadra Singh launches ‘Small Medium Entrepreneur’ magazine at Franchise India 2011, International Franchise and Retail Show at Hotel Ashok, New Delhi. With a keen focus on small businesses and entrepreneurship, Franchise India after its long prowl across franchise, ...

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