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Franchise India Bureau Jul 18 2018 - 3 min readCars24, the online marketplace for buying and selling used cars, has completed an investment raise of about $50 million (Rs 340 crore) to fuel its expansion plans, according to two people familiar with the development. The capital was raised from Sequoia Capital India and two of Cars24’s existing investors — Cayman Islands-based Kingsway FCI Fund ...
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Franchise India Bureau Jul 18 2018 - 1 min readDrug firm Zydus Cadila Tuesday said it has received final approval from the US health regulator to market Clindamycin Phosphate Topical Solution, used to treat acne. The company has received approval from the US Food and Drug Administration (USFDA) to market Clindamycin Phosphate Topical Solution USP (Cleocin T), 1 per cent, Zydus Cadila said in ...
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Franchise India Bureau Jul 16 2018 - 1 min readAdani Power plans to raise up to Rs 5,000 crore through a mix of debt and equity to augment capital to sustain growth and finance its business expansion plans. The company proposes to have flexibility to infuse additional capital, to tap capital markets and to raise additional long term resources, if necessary in order to ...
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Franchise India Bureau May 07 2018 - 1 min readInternational fashion maternity wear brand Seraphine, which claims Duchess of Cambridge Kate Middleton as its loyal customer, has announced its Indian Foray with the first store in the national capital in August this year. The brand will enter the country through a master franchise agreement with Kay Kay Clothing LLP, which ...
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Franchise India Bureau Mar 20 2018 - 2 min readIn a funding round led by early-stage venture capital firm pi Ventures, San Francisco- and Gurgaon-based Customer Success Box, an enterprise-based customer management platform, has raised $1 million (Rs.6.5 crore) in a pre-Series. The startup will use the funds to drive growth and for product innovation, the statement said.