Headquartered in Beijing, China, and Morrisville, North Carolina, the Lenovo Group Ltd., is looking to raise its share in the India market three times over. Since last year, when the firm started selling its wearables HW02 fitness band and HX03W cardio smartband through e-commerce sites in India, it achieved a 6-7...
China's Xiaomi Expands Manufacturing Base in India
China's Xiaomi will inaugurate three new factories in India as its smartphones sell more than those of any other company in India. These plants are in partnership with Taiwan's electronics firm Foxconn. Additionally, Xiaomi and Foxconn will work together on a new plant in the southern state of Tamil Nadu...
Blackstone's New Asia Fund to Invest $2.4 Billion in India
New York City-based Blackstone Group L.P. will invest 60% of its maiden $4 billion Asia-focused fund—BCP Asia—in India. Blackstone’s global private equity fund will contribute around 40% of the deal value for every transaction the firm does in Asia, while BCP Asia will invest the balance. Blackstone, which manages $430...
India's Renalyx Innovates End-to-End Renal Care System
Bangalore-based Renalyx Health Systems has developed an end-to-end renal solution that screens chronic kidney disease, has an in-built renal information management system, and offers a connected dialysis machine. Sixty to seventy million people in India suffer from chronic kidney disease caused by diabetes and/or hypertension. Patients in the final stage,...
Mobile Game Industry Flourishes in India
With increased overseas investment and partnership, India's digital gaming industry is growing rapidly. One of the top five countries for mobile gaming in the world, this sector is already worth over $890 million and is rapidly approaching the $1 billion mark. Currently, the country has more than 250 game development companies,...
Global Wellness Institute Analyzes Wellness Real Estate
In its first in-depth research report 'Build Well To Live Well,' the Miami, Florida-based Global Wellness Institute analyzed the global and regional wellness, lifestyle, real estate, and communities market. Real estate and communities that intentionally put people’s health at the center of design, creation, and redevelopment are the next frontier...