RPG Group
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Franchise India Bureau May 07 2018 - 1 min readEyewear retailer Lenskart Solutions Pvt. Ltd has invested $500,000 (Rs 3.35 crore) in California, US-based reading glasses manufacturer ThinOptics Inc., the company said. ThinOptics, which was co-founded by Darren Lancaster in 2010, makes very slim reading glasses with no temples and, frames, that can be tweaked or molded to get the ...
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Franchise India Bureau May 03 2018 - 1 min readInternational Finance Corporation plans to invest $15 million (Rs 100 crore) in Chennai-based Aptus Value Housing Finance India Ltd, doubling its exposure to the mortgage lender. IFC will make the proposed investment through senior secured non-convertible debentures (NCDs) with a tenor of seven years, the World Bank’s private-sector investment arm said ...
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Franchise India Bureau Apr 20 2018 - 1 min readEbix Inc, a NASDAQ-listed software firm has opted to acquire 60% stake for $8 million (Rs 52 crore) in Indian e-learning company Smartclass, it said in a media statement. This is Ebix’s ninth acquisition in India in a little over two years. US-based Ebix is an on-demand software service ...
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Franchise India Bureau Mar 16 2018 - 1 min readAs a part of its strategy to enter the Indian market, French childcare group Babilou has acquired a majority stake in Chennai-based Amelio Early Education. Sridevi Raghavan, founder and Chief Executive Officer, Amelio Early Education, said the partnership will help the company tap into the best practices of international curriculum in ...
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Franchise India Bureau Sep 29 2017 - 1 min readAfter a successful stint in pharmaceutical business, RPG Life Sciences Ltd. (RPGLS) is now spreading its wings to explore the other ventures as well. In its recent move, RPGLS has partnered with Italian cosmetic firm to Lobo Cosprophar to venture into cosmetic business which is one of the fastest growing segments of the country. As ...