Having established a production facility at Ahmedabad in India's state of Gujarat in 2010, Spain-based Iberchem S.A., announced the opening of a fragrance and flavor creative center in Mumbai, India. "The new creative center in Mumbai reflects Iberchem Group’s global business strategy to strengthen its presence in fast-growing markets such...
Blade Will Commence Helicopter-Ride Business in India
New York City headquartered Blade Inc., a ride-sharing app for helicopters, will launch in India's financial capital Mumbai, its first city outside the United States. Working with local partners Hunch Ventures based in New Delhi, Blade India will start the service in March 2019, and claims passengers will be able...
India's TCS Acquires BridgePoint Group of Georgia
Mumbai-based Tata Consultancy Services (TCS), an IT consulting and business solutions organization, acquired Gainesville, GA-based BridgePoint Group, LLC., a management consulting firm catering to the financial services industry, through the purchase of select company assets. This acquisition augments TCS’ financial services and insurance domain knowledge, particularly in the area of...
Global Fashion Companies to Launch Stores in India
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...