Having tasted online success in India, Baltimore, Maryland-based Under Armour, U.K.'s Dorothy Perkins, Dutch Scotch & Soda, and Italy's Replay plan to set up brick-and-mortar stores across the country. Research portal Statista based in Hamburg, Germany, predicts that India's clothing market will reach $100 billion by 2020. Under Armour aims...
Funding for Healthcare Startups Surges in India
Data from Bangalore, India-based Tracxn Technologies shows venture capital investment in home-grown health-tech startups in 2018 is at an all-time high. With continuing investor interest, so far $510 million has been invested across eighty health-tech startups. These investments were led by medicine ordering website PharmEasy, which raised $115 million across...
Small Grocery Stores in India Digitize
With the grocery business in India being dominated by big names such as Flipkart, Walmart, Amazon and Grofers, as well as supermarket chains, smaller family-owned kirana stores are finding ways to stay relevant in this sector. The biggest advantage the kirana's have is proximity to the customer as well as...
Warburg and Blackstone Bullish on Real Estate in India
New York City-based private equity firm Warburg Pincus is negotiating a deal with Mumbai developer Runwal Group to invest $1 billion in real estate projects. Warburg and Runwal may each make an equity contribution of $250 million to the investment platform while the rest will be raised through leveraging. The...
Quanticate Inaugurates Third Office in India for Clinical Research
U.K.-based and global data-focused clinical research organization Quanticate opened a new office in Mumbai. The site will complement Quanticate’s existing offices in Bangalore and Hyderabad and will deliver statistical consultancy and statistical programming services to pharmaceutical, biotechnology, and medical device companies across the globe. Alan Morgan, chief operating officer at Quanticate said, "By expanding...
Netflix Premieres "Mowgli: Legend of the Jungle" in India
The first-ever world premiere for a Hollywood film in India will take place on November 25, in Mumbai, when Andy Serkis, Christian Bale, Freida Pinto, Louis Ashbourne Serkis and newcomer Rohan Chand, who plays Mowgli in the film, "Mowgli: Legend of the Jungle" walk down the red carpet at the...