MSME

MSME

How a Delhi-based startup made sky rocketing gym charges as less as Rs999

Opportunity India Desk Sep 29, 2017 - 6 min read

As of 2010, the fitness industry was valued at Rs800 crore, which today is estimated at a whopping Rs3,000 crore.It has taken a leap at a scorching average of 28 per cent year-on-year.Spread across India is the presence of about 1,200 clubs and independent local gyms, bringing fitness to the lives of about 1.35 million ...

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Globally renowned Margaret Dabbs London collaborated with Sanghvi brands led My Glamm

Opportunity India Desk Sep 29, 2017 - 2 min read

Pioneer and leader in innovation of hand and foot care products, Margaret Dabbs London (MDL) will now host their treatments and products exclusively at MyGlamm, India’s premium ‘at home beauty service’ and Darpan Sanghvi led Sanghvi Brands.Announcing the same, Founder & CEO of Sanghvi Brands, Darpan Sanghvi said, “Our association with Margaret Dabbs, who is ...

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? How Vyomo cracked $15mn deal with Naturals salon

Opportunity India Desk Sep 29, 2017 - 2 min read

Holding a controlling stake in cricketer Yuvaraj Singh-backed Vyomo venture, Naturals also re-branded the beauty app as Naturals@home marketplace. The online beauty marketplace has bagged Rs100 crore from the Franchising giant Naturals in the deal.In an exclusive conversation with WI Bureau, CK Kumaravel, Co-Founder of Naturals Salon chain disclosed that the brand was looking for ...

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Darpan Sanghvi led MyGlamm raises $6mn

Opportunity India Desk Sep 29, 2017 - 2 min read

On-demand beauty services start-up MyGlamm has raised Series A funding from French beauty giant L’Occitane International S.A and Indian mid-market private equity fund Tano Capital, Brand Capital.As part of the deal, Sanghvi Brands’ has received about Rs 40 crore, plus L’Occitane and Tano will have their representatives on the board of MyGlamm.Previously, Tano had invested ...

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Skin Care giant Kaya Ltd increases 85% stake in Abu Dhabi-based Iris Medical Centre LLC

Opportunity India Desk Sep 29, 2017 - 1 min read

Skin care firm Kaya Ltd today said it along with a local partner has increased stake in Abu Dhabi-based Iris Medical Centre LLC to 85 per cent by acquiring 10 per cent additional stake for an undisclosed sum. "Kaya Middle East DMCC, a foreign subsidiary of Kaya Ltd along ...

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FSN E-commerce Ventures lead Nykaa.com looks for 100 cr funds to expand private label

Opportunity India Desk Sep 29, 2017 - 2 min read

After introducing its private label bath and bodycare category recently, FSN Ecommerce Ventures lead Nykaa.com is seeking funds to expand its private label offering. The online retailer of beauty & fashion products looks to turn profitable in the next 10-12 months. The firm, which will end this year with ...

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Tattva spa: Revitalizing lives with customized offerings

Opportunity India Desk Sep 29, 2017 - 5 min read

With the increase in awareness about health and beauty and more income to spend at hand, the spa and wellness industry is expanding rapidly. If we look at the figures, in India the spa and wellness industry is worth Rs 490 billion and is growing at 20-30 per cent year on year ...

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Meena Ganesh led Portea Medical bags Majority Stake in PSTakeCare

Opportunity India Desk Sep 29, 2017 - 3 min read

India’s leading home healthcare company, Portea Medical, has bagged majority stake in Mumbai-based start-up, PSTakeCare, a platform that seamlessly connects key stakeholders in the healthcare delivery ecosystem. With a staff strength of 40 employees, PSTaceCare was formed in March 2015 by four IITians of Mumbai; Pratik Chinchole, Rahil ...

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What made FMCG major Dabur to strategise combat move against Ramdev’s Patanjali

Opportunity India Desk Sep 29, 2017 - 2 min read

Home-grown FMCG major Dabur is readying a strategy to take on Baba Ramdev's Patanjali that has disrupted India's Ayurveda and naturals market with a battery of consumer products. After FMCG giant Hindustan Unilever (HUL) showed aggression in the category by reviving its old Ayurveda brand Ayush and acquiring new ones in December 2014, ...

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We are raising Series B round to the tunes of $15 million: Purplle.com CEO

Opportunity India Desk Sep 29, 2017 - 1 min read

Leading beauty destination Purplle.com is set to raise the Series B round of funding for over Rs99 Crore from an undisclosed investor. In an exclusive conversation with WI Bureau, Manish Taneja, Co-Founder and CEO, Purplle.com unveiled the news. “We are raising our Series B round to the tunes of $15 million,” informed ...

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