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Franchise India Bureau Jan 16 2019 - 1 min readIn order to expand its portfolio and presence in India, French hospitality major AccorHotels is planning to increase its rooms by over 55% to touch 14,000 in the near term. It is also focussing on bringing major global luxury brands such as Banyan Tree into the country. At present, AccorHotels has 9,000 room-keys across nine ...
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Franchise India Bureau Dec 05 2018 - 1 min readChrysCapital, the largest Indian private equity investor, has acquired 80% stake in Los Angeles-headquartered GeBBS Healthcare Solutions for about Rs 1000 crore. GeBBS Healthcare is a provider of Revenue Cycle Management (RCM) for the North American healthcare industry. Earlier, ChrysCapital, managing assets worth more than $3.3 billion, had bought big ownerships in LiquidHub and Infogain, ...
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Franchise India Bureau Dec 03 2018 - 1 min readAnytime Fitness, a global co-ed fitness chain from USA, has launched two more new gyms in New Delhi at Kirti Nagar and Dwarka. Both the gyms offer facilities and work-outs according to international standards at an affordable price. Vikas Jain, Managing Director, Anytime Fitness, stated, "Since the launch of our first gym in New Delhi ...
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Franchise India Bureau Nov 29 2018 - 1 min readCoimbatore-based EKKI is planning to enter into Saudi Arabia. The company will foray into Saudi Arabia market by partnering with a local Saudi Distribution Group. The company is expecting around $1 million revenue. Kanishka Arumugam, Director Marketing and Business Development, EKKI, said, "The company is in advanced talks with a few companies and likely to sign ...
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Franchise India Bureau Nov 29 2018 - 1 min readChai Point is planning to launch 20 more outlets in the next three to four months. At present, all the outlets of Chai Point are company-owned and company-operated. Going further, the brand will continue with the same operating model. Amuleek Singh Bijral, Founder of Chai Point, said, "The brand is still at a relatively nascent ...