Thomas Cook India began outlet in telangana
Saturday, 22 February 2020
Thomas Cook India began outlet in telangana
Breaking News India Latest Franchise News India Thomas Cook India began outlet in telangana Thomas Cook (India) has recognized Warangal as a high development advertise for its vacation business in Telangana. In an activity to gain by this chance Thomas Cook India has opened another Gold Circle Partner (establishment) in Warangal Telangana.
by arpita srivastava
https://franchiseneed.com
This extension broadens Thomas Cook India appropriation and reach in Telangana to 10 shopper get to focuses 4 possessed branches and 6 Gold Circle Partner (establishment) outlets.
The new Gold Circle Partner outlet in Hanamkonda Warangal offers buyers start to finish travel arrangements including: International and Domestic Holidays (Group Tours, Personalized occasions,Cruises, and so on.), Value Added Services like Travel Insurance; Visa Services, and so on.
Rajeev Kale, President and Country Head Leisure Travel and MICE,Thomas Cook (India), stated, "Warangal has been recognized as a high development advertise with over 20% development popular and contributing a huge 10% to our Thomas Cook India occasion business from Telangana.
Punjab Based DumplingHood franchise expansion in india
Thursday, 20 February 2020
Punjab Based DumplingHood franchise expansion in india
dumplinghood
Breaking News India,Latest Franchise News India,Punjab Based DumplingHood franchise expansion in india, Dumpling are the most healthy, especially the ones made with wheat flour which is rich in carbohydrates, proteins, fat, minerals, crude fibres, and a small amount of vitamin A.
It’s a must visit place for health freaks so don’t hesitate and visit us to enjoy the delicious & healthy dumpling.
DumplingHood established in 2014 & we started giving franchise business opportunity from 2016, we are exclusive dumpling food franchise in mohali punjab,said Mr Mohan-founder of dumpling hood.
We are Serving India’s Best Dumplings,we are currently running in
1 Chandigarh Sec 9-D
2 Chandigarh Sec 36-D
3 Mohali 3B2
4 Panchkula Sec 7
5 Jalandhar
6 Patiala
7 Ludhiana
8 Karnal
9 Gurgaon
We are planning to expand in PAN india with low investment & high ROI,for more expansion we joined hand with our media partner franchisemart for franchising,said Mr Mohan.
Punjab Based DumplingHood franchise expansion in india
Thursday, 20 February 2020
Punjab Based DumplingHood franchise expansion in india
dumplinghood
Breaking News India,Latest Franchise News India,Punjab Based DumplingHood franchise expansion in india, Dumpling are the most healthy, especially the ones made with wheat flour which is rich in carbohydrates, proteins, fat, minerals, crude fibres, and a small amount of vitamin A.
It’s a must visit place for health freaks so don’t hesitate and visit us to enjoy the delicious & healthy dumpling.
DumplingHood established in 2014 & we started giving franchise business opportunity from 2016, we are exclusive dumpling food franchise in mohali punjab,said Mr Mohan-founder of dumpling hood.
We are Serving India’s Best Dumplings,we are currently running in
1 Chandigarh Sec 9-D
2 Chandigarh Sec 36-D
3 Mohali 3B2
4 Panchkula Sec 7
5 Jalandhar
6 Patiala
7 Ludhiana
8 Karnal
9 Gurgaon
We are planning to expand in PAN india with low investment & high ROI,for more expansion we joined hand with our media partner franchisemart for franchising,said Mr Mohan.
Funding Alert Firstcry Raises $296 Mn Funding From Softbank
Wednesday, 19 February 2020
Funding Alert Firstcry Raises $296 Mn Funding From Softbank
The ongoing raise support has taken Firstcrys valuation to $1.2 billion. This implies the organization is the most recent to enter Indias unicorn club.
BY arpita srivastava
http://franchiseneed.com
[Funding alert] Firstcry raises $296 mn subsidizing from Softbank
Firstcry has verified $296 million in Series E subsidizing round from Japan-based marquee financial specialist Softbanks Vision Fund.
This ongoing venture is the primary tranche of the all out $400 million financing that has been submitted by Softbank. The extra $100 million is saved by Softbank to be contributed on the second commemoration of the exchange in January 2021.
Under the arrangement, the Pune-based child items commercial center has given 7,31,66,665 Series E value offers to SVF Frog, a Cayman Island-based auxiliary of Softbank, at Rs 381 for every offer with an ostensible estimation of INR 5.
The ongoing gather pledges has taken Firstcrys valuation to $1.2 billion. This implies the organization is the most recent to enter Indias unicorn club.
Business Growth
Firstcry was begun by Supam Maheshwari and Amitava Saha in 2010. It gives various classifications of infant and children items from dress to class fundamentals.
Firstcry has a retail impression of in excess of 300 stores spread across 125 urban areas. It has reinforced its client base to more than 4 million. The organization professes to offer 2 Lakh child and children items across 2,000 brands.
The firm posted an income of Rs 535 crore in FY 2019. It further expects an income of Rs 2033 crore in FY20.
In 2019, SoftBank had submitted $395.7 million in Firstcry. SoftBank put $149.2 million in the organization in January 2019. The remaining $246.49 million reserve was saved for putting as and when called for in the following two years.
India becomes 5th largest economy; overtakes UK, France: Report
Tuesday, 11 February 2020
india rose as the world fifth biggest economy by overwhelming the UK and France in 2019 says a report.
By : arpita srivastava
https://franchiseneed.com
A US based research organization World Population Review in its report said that India is forming into an open-advertise economy from its past autarkic approaches
India economy is the fifth biggest on the planet with a GDP of USD 2.94 trillion surpassing the UK and France in 2019 to take the fifth spot it said
The size of the UK economy is USD 2.83 trillion and that of France is USD 2.71 trillion. The report additionally said that in buying power equality (PPP) terms, India s GDP (PPP) is USD 10.51 trillion, surpassing that of Japan and Germany. Because of India high populace India GDP per capita is USD 2,170 (for correlation, the US is USD 62,794).
India genuine GDP development notwithstanding it said is relied upon to debilitate for the third consecutive year from 7.5 percent to 5 percent.
The report saw that India s monetary advancement started in the mid 1990s and included modern deregulation decreased control on outside exchange and speculation and privatization of state claimed ventures.
These measures have helped India quicken monetary development it said.
India administration part is the quickly developing area on the planet representing 60 percent of the economy and 28 for each of business the report stated including that assembling and farming are two other critical divisions of the economy.
The US based World Population Review is an autonomous association with no political affiliations
Mercedes-Benz Unveils New Dealership In Delhi
Monday, 17 February 2020
Mercedes-Benz Unveils New Dealership In Delhi
With this dispatch, Mercedes-Benz now has 97 outlets in India.
BY arpita srivastava
https://franchiseneed.com
https://www.facebook.com/franchise.need/
News Editor
Mercedes-Benz discloses new vendor in Delhi
Mercedes-Benz has propelled another vendor in Delhi in Green Park. With this dispatch, Mercedes-Benz now has 97 outlets in India.
Initiated Global Star it is the first showroom from the organization in Quite a while to be founded on the new brand nearness in retail.
The new business is spread over a zone of 12000 square feet. It includes a nine-vehicle show and one conveyance straight The office includes a neighbourliness parlor and bar region just as computerized resources for example an advanced divider, intelligent touch table contact TV and a computerized spec stand.
Martin Schwenk, Managing Director and CEO, Mercedes-Benz India, stated, Delhi-NCR is a market with a high inclination for extravagance vehicles and this is our eleventh outlet in the area. We are focused on our clients and will keep on putting resources into this market to take into account the rising requests. Today we have 97 outlets in 48 urban communities in India, the densest system quality in the extravagance vehicle fragment. We are immovably on track to accomplish our 100th outlet soon. It is an indication of how far we have come, of the trust of our developing base of clients and our duty to all the Three-pointed star competitors in India.
We are living by our image mantra Anxious for Tomorrow every day and are continually pushing our points of confinement. This first retail outlet with the new brand nearness in India is our response to the changing retail condition and our drive to furnish our clients with an unmistakable brand understanding. With our new accomplices Global Star here in Delhi and this showroom, we are certain that we will keep on conveying the best client experience, Schwenk included.
The Importance Of Vertical Restraint In Franchising Agreements
Saturday, 15 February 2020
Given the complex legal landscape it is of upmost significance to protect one’s interests while participating as a contracting party in any Franchising marketing model
by arpita srivastava
https://franchiseneed.com
Franchising has often been referred to as one of the most novel methods of business expansion in todays world. Simply put it refers to a contractual arrangement whereby the owner of a product service or even a method of production, secures the distribution of its offerings through one or more affiliations (franchisee) The franchisor offers a licensed privilege to the franchisee to do business under its name and to use the technical know-how provided by the franchisor in return for a negotiated monetary exchange.
Franchisin many advantages include significant benefits to both the contractual parties involved and have an enormous success rate which makes it a widely adopted form of business. Its diluted sense of risk comes from the fact that the franchisee doesnt have to worry about creating a well-known brand name and the franchisors are able to take advantage of the distribution as well as the economies of scale.
Franchising emerged as a response to the rapid and fast-paced industry evolution in the modern era where technological advancements, an orientation towards a service economy and the need for an increased market penetration all played a role for its gaining traction. Moreover, in an emerging economy like India a rise in disposable middle-class income and increasing brand recognition could allow a greater number of companies with varied products and services to set up successful franchise businesses across the country.
FRANCHISING LAWS IN INDIA AND THE COMPLEXITIES INVOLVED
In some jurisdictions, there are specific franchising laws and statutes that regulate the core functioning of franchising and the regulatory issues peripheral to it. However, there is no specific statute for franchising regulation in India and a plethora of legislations collectively regulate it.
Although there is no central legislation in place, the Franchising sector in India is not arbitrarily governed and is influenced by a coalescence of enactments spread across different statutes like the Indian Contract Act 1872; the Consumer Protection Act, 1986; the Trade Marks Act, 1999; the Copyright Act, 1957; the Patents Act, 1970; the Design Act, 2000; the Specific Relief Act, 1963 and various other statutory enactments.
Primarily, a Franchising agreement is incumbent on the involvement of two or more parties. Therefore, the Indian Contract Act 1872 and Specific Relief Act 1963 are one of the most prominent legislation which directly deals with the actual enforcement of the covenants in the agreement as well as the provision of appropriate damages for any breach whilst keeping in mind the balance of conveniences and interests of the parties involved.
Another huge aspect that is subjected to regulation in franchise agreements is the competition implications of such agreements. A franchise agreement provides the franchisor with an easier route for the effective distribution of their products. However, certain stipulations can become a threat to a sense of fair competition in the market. For instance, the franchisee agreeing to certain obligations or restrictions on their activities like restriction on the selling of products from other brands. Such requirements can cause competition concerns under Competition Act 2002, which seeks to prevent the Appreciable Adverse Effect’ in the market economy.
Laws relating to taxation, property, insurance, and labor also apply to franchise transactions and in case the goods and services provided by the franchise entity fall under specific regulations, the same shall apply to them depending on the specific sector.
The aforementioned regulations and their influence make it arguable to propose that perhaps a singular comprehensive enactment may be desirable for the Indian scenario and that the coalescence of multiple regulations makes it more complex, time-consuming and at times ambiguous. This also lays bare the resultant complexities which are involved while getting into such agreements and the restrictions which ensue between firms at different levels of the marketing chain.
VERTICAL RESTRAINTS
Given the complex legal landscape, it is of utmost significance to protect one’s interests while participating as a contracting party in any Franchising marketing model. Vertical Restraints and their peculiar importance in franchising models are yet another part of such a complex relationship.
These restraints could be referred to as an economic imposition used in manufacturer/distributor relationship for controlling certain aspects of the trade (resale price maintenance, quantity fixing, tie-ins) or softening competition (exclusive dealing, franchising, exclusive territories). The importance of vertical restraint for franchising models is apparent from its very inherent features. The economic rationale behind their usage stems from the fact that they offer significant benefits to a brand in the form of protecting their brand image, increasing their presence and enhancing service qualities.
It has been the outcome of numerous studies that manufacturers and at times even small and medium-sized businesses (SMEs) adopt vertical restraints as a business strategy to prevent free-riding.
There are numerous types of covenants and agreements which come under the domain of Vertical Restraints. Covenants like ‘Resale Price Maintenance’ as well as ‘Exclusive Dealing’ are the most frequently used in franchising agreements. These covenants have routinely invited scrutiny and criticism as they have anti-competitive implications. For example, Exclusive Dealing is where the manufacturer/franchisor puts an obligation on the retailer/franchise, not to stock on any of their competitor’s products. Therefore, exclusive dealing affords the Franchisor to exercise greater autonomy over the distribution chains and thereby, not only softens the competition but also grants the business a more dominant presence in the market. Such a market foreclosure has anticompetitive consequences in the form of increased barriers to trade. However, the economics of vertical restraints and their relationship can cause us to re-scrutinize whether they are desirable or not.
VERTICAL RESTRAINTS IN INDIA
Owing to the nature of Vertical Restraints and the varying scope of their restrictive implications, it is considered desirable to put them under regulations so as to preserve the fair competitive spirit which the government seeks to uphold in the market. The anti-trust potential of these covenants in India is covered through Competition Act 2002 which primarily deals with issues relating to restrictive agreements and trade practices.
Section 3(4) deals with vertical restraints in different stages or levels of production enumerated as ‘tie-in arrangements’ ‘exclusive supply agreement’, ‘refusal to deal’ etc. Likewise, the enactment prohibits the imposition of any such agreement which would reasonably cause an ‘appreciably adverse effect on competition’ i.e. AAEC which is the guiding philosophy of competition legislation. Strengthened competition policy in this regard is an essential component for the creation of a fair and ‘democratic market economy’.
Furthermore, Section 27 of the Indian Contract Act expressly prohibits any agreement in restriction of trade. Even the overarching constitutional principles take a dim view of any imposition which impedes the fair and free flow of trade and commerce within the country. These legal principles have many a time influenced a number of decisions when it comes to negative covenants.
Moreover, the digital revolution is adding newer dimensions to the breadth of the legal landscape pertaining to the franchising business. In a string of precedents like MohitManglani v Flipkart and All India Online Vendors Association v. Flipkart India, the Competition Commission of India has acknowledged the distinctiveness of online platforms and the unique implications they have on the legal climate of competition policy and chains of distribution and has laid out that the touchstone of ‘Appreciable Adverse Effect’ has to be extended to such online platforms and at times have even held that vertical restraints could be pro-competitive and consumer-friendly.
Britannia delays capital expenditure plans to increase capacityBritannia delays capital expenditure plans to increase capacity
Friday, 14 February 2020
BENGALURU: Britannia is hindering capital spending as the volume development in its treat and pastry shop business stays low because of feeble customer spending.
By arpita srivastava
https://franchiseneed.com
We have diminished waste in the framework and balanced our fixed expenses. We have broke down every single imaginable strategy for limit extraction so as to delay capital interests in limit. We are attempting to get more than we have MD said in a post-profit call with experts prior this week.
The organization has decreased the separation its treats travel between the production line and the purchaser from 630 to 350 km. The organization says that every 10 km decrease brings about a yearly sparing of Rs 5
Treat producer Marie and Good Day detailed a 24% development in second from last quarter profit to Rs 373 million rupees on a pay of Rs 2936 million rupees. Berry said that in the current testing circumstance it didnt bode well to completely press the volumes since there is a breaking point to the flexibility of the framework
We center our energies we are driving the top line as much as we can however we are not turning by any stretch of the imagination and we center our energies around ensuring we build up frameworks and procedures reasonable for what to come Therefore Britannia is additionally deferring the national dispatch of certain items that were being promoted for preliminary. The organization propelled croissants a year ago by collaborating with the Greek organization Chipita and in November said the arrangement was to arrive at the whole nation in a quarter of a year.
5 Ways How Entrepreneurs Can Make The Most Of A Business Slump
Thursday, 13 February 2020
5 Ways How Entrepreneurs Can Make The Most Of A Business Slump
As an entrepreneur, one needs to be well prepared for dull phases in business and also be vigilant and sharp to make the most of the favourable times.
by:arpita srivastava
https:// franchiseneed.com
A business slowdown or a general economic recession offers challenges in the lives of every entrepreneur. From seasonal slowdowns like holidays or specific off-season phases for a particular business to an overall slump on a national/ regional level due to various factors, a slump can be a challenging and de-motivating time for businessmen, especially the first generation entrepreneurs.
Listed here are 5 effective ways to battle and emerge a winner from the slowdown!
1. Alter your product/value offerings:
This is an important aspect and the first line of action for an entrepreneur when trying to cope with a business slowdown. Depending on the overall market scenario, it is wise to modify ones product and service portfolio to match the consumer requirements at the time and this may vary from business to business. For e.g, for some businesses, it would be wise to include additional customer service as value-add so as to retain existing customers by giving them a little extra. While for others it may make sense to cut down on certain discounts or benefits which were previously affordable.
2. Re-negotiate contracts:
Capturing the expenses and optimising resources is the second most vital step when bracing for a slowdown. However, it does not always mean completely cutting off certain essential business services or vendor contracts. Instead, in the times of the millennial entrepreneurs and disruptive technology innovations, there are several options available for optimising performance. From modifying exclusive or retainer contracts to as-and-when required services to ‘leasing’ services from various vendors when required, outsourcing tasks, etc. can help reduce costs without cutting down on essential business needs.
3. Network and collaborate:
A slowdown for any set of business is an excellent time to meet other players in the industry, to reach out and network with them so as to understand the larger picture. This also offers excellent collaborative opportunities too, which apart from helping in business growth, also offer the much needed moral support and confidence needed to tide over a rough patch in business. Networking and collaboration during tough times bring out the best in entrepreneurs and maybe the right time to make life-long friends or partners!
4. Personnel Development:
The business slump also offers an excellent time to introspect, analyze, observe, and improve oneself. From additional training sessions for the staff and employees to indulging in knowledge sharing with peers, this could be an excellent opportunity for gaining knowledge and personal development. One may also engage in short term business-related courses (several are available on MOOCH sites like Coursera, which are free) or workshops that can help learn essential skills.
5. Plan for the future:
As ironic as it may sound, a slowdown is the best time to chalk out a realistic growth plan and sniff out profitable opportunities within the industry or in allied segments. These may include expansion of services to offer value and thus stay relevant or forge new partnerships to offer innovative solutions that can help beat the slowdown. A lot of business icons owe some of their most intelligent innovations to a slump period or an economic slowdown!
As an entrepreneur, one needs to be well prepared for dull phases in business and also be vigilant and sharp to make the most of the favorable times. Above all, the most essential qualities for any successful entrepreneur mainly includes a keen sense of observation, an eye out for opportunities, passionate dedication to the business and an expertise in the craft, coupled with sharp intuition and people skills, all come to the fore to ensure you can not only survive but thrive the slowdown!
Queue of startups rushing to register abroad gets longer
Wednesday, 12 February 2020
BENGALURU: More Indian new companies are fusing their organizations abroad. Singapore, the United States, the United Kingdom, the Netherlands and the United Arab Emirates are being favored because of stable guidelines, financed charge rates, helpful open posting standards and expanded worldwide financial specialist enthusiasm, as indicated by organizers, legal counselors and expense specialists.
Some late-organize buyer web and B2B new companies are additionally assessing flipping their parent organizations abroad, a procedure that typically takes up to one year, they told ET.
"There is an issue when huge speculative stock investments and blue-chip private value financial specialists ask where the organization is based before finding a workable pace model," said a startup author.
In any event ten authors, who declined to be cited by name, affirmed to ET that they were thinking about enlisting their firm in elective markets. "It (bringing capital up in India, and administrative arrangements) is progressively turning into a bottleneck," a startup author in the human services space said.
Organizations, for example, Ola, Oyo, Curefit, Lenskart, Urban Company (beforehand UrbanClap) and Paytm First Games, which have a built up nearness in India, are likewise enlisting new venture units in Singapore or the United States to course their global invasions.
"This likewise gives them a choice to later on flip the whole element to the abroad geology whenever required," said a speculator. Be that as it may, organizations in center money related administrations and land, where guidelines request an Indian enrolled substance, are the special cases to this standard, the industry insiders said.
In spite of the fact that the administration has set up measures to urge organizations to be based here, different countries keep on being a "bit ahead", these individuals said.
"India despite everything ponders a heartless duty organization, with GST being among the most entangled enactments on the planet," said Vatsal Gaur, Partner at HSL Legal. "The simplicity of upholding contracts, more slow purchaser cycles, bringing down of capital in the framework when all is said in done, intense laws with correctional assents, all add to business visionaries needing to move business outside," he included.
Legal advisors and tax assessment specialists revealed to ET that Singapore and the UK give better expense motivations to new businesses, particularly those with innovative work abilities.
The base corporate expense in Singapore is likewise lower than in India.
China is being favored by the Indian pharmaceutical area, while Indonesia is pulling in Indian makers to set up base. UAE is taxfriendly for business and capital increases. Indeed, even Malta and Estonia have pulled in new businesses in the digital money space, because of safe harbor laws.
"Digitisation (for consistence systems regarding corporate just as expense laws) can unfathomably improve the situation… The administration needs to squeeze quickening agents on organizing intervention forms by making and pushing bodies like what Singapore has finished with SIAC (Singapore International Arbitration Center)," said Dipti Lavya Swain, Partner at HSA Legal.
Bringing corporate charges down to 15% and actualizing lasting foundation prerequisites on worldwide organizations to set up a shop in India may assist new businesses with remaining back, originators said.
by arpita srivastava
https://franchiseneed.com
GMR Airports wins bid to build, operate airport in Greece; invests over €500 m
Tuesday, 11 February 2020
GMR Airports Limited, a subsidiary of GMR Infrastructure Limited has announced it has achieved the Concession Commencement Date (CCD) for design, construction, financing, operation, and maintenance of new international airport of Heraklion at Crete, Greece.
by arpita srivastava
https://franchiseneed.com
Prime Minister of Greece Kyriakos Mitsotakis laid the foundation stone of the airport, marking the beginning of the project.
GMR Airports Limited (GAL) along with its Greek partner GEK TERNA signed the concession pact in February 2019 for Design, Construction, Financing, Operation and Maintenance and Exploitation of the new international airport of Heraklion.
Project funding
The Concession Period for the project is 35 years including Phase 1 Construction of 5 years. The consortium intends to invest over €500 million for development of the new airport. The project is funded through support of Government grant and would not require any debt. The entire project will be funded through a mix of equity, accruals from the existing airport, and financial grant being provided by the Government of Greece.
Greece is one of the leading international tourist destinations, attracting nearly 33 million tourists per annum. Crete is the largest and most visited island in Greece. Heraklion airport, located in Crete, is the 2nd largest airport in Greece and has registered a traffic growth of 10 per cent CAGR over the past 3 years. The current airport is facing a severe capacity constraint and will be replaced by the new airport at Kastelli.
First operator
Srinivas Bommidala, Chairman, Energy and International Airports, GMR Group, said: “GMR is the first Indian airport operator to win bid to operate a European airport and also GMR Group’s first foray in the EU region. Along with our partner GEK Terna, we aim to deliver an airport of global standards which would be a matter of pride for Greece.”
GAL is a global airport developer and operator with a portfolio of five airports including airports in New Delhi, Hyderabad, Mactan Cebu International Airport in partnership with Megawide in The Philippines. GAL is developing a greenfield airport at Mopa in Goa. GMR’s new terminal at Mactan-Cebu airport has turned around the passenger traffic, giving a boost to the tourism. The new airport at Crete will help GMR Airports to expand its footprint in the European Union.
Eupheus Learning Launches IVersusi For Schools In Collaboration With TARGETplus
Monday, 10 February 2020
Eupheus Learning Launches IVersusi For Schools In Collaboration With TARGETplus
iVersusi is an app assisted digital solution that provides instant results and deep analytics to improve a child’s performance.
BY arpita srivastava
https://franchiseneed.com
Eupheus Learning Launches iVersusi For Schools In Collaboration With TARGETplus
Eupheus Learning, India’s leading Edtech company known for introducing revolutionary end-to-end educational solutions for school kids, has announced the integration of TARGETplus’ iVersusi solution under its umbrella.
iVersusi is an app assisted digital solution that provides instant results and deep analytics to improve a child’s performance. The solution supports scanning and analysing hand-written answers of any subject, board, class or level and in any language. The solution works through a simple process whereby a teacher uses the iVersusi mobile app to take a snapshot of the iVersusi sheets to generate personalised reports within minutes.
iVersusi are spiral assessments built on the principle ‘Compared With Self’ or “Compete With Yourself!” and takes a leaf out of Dr. Sunita Gandhi’s 15 year-long multi-country study that conclusively shows when children compete with themselves, they perform better. It is based on scientific research and evidence that has been tried and tested in the real laboratory of a large school in India since 2005, which among other factors, has led the school to become India’s number 1 CISCE school in terms of Board Results.
A study and trial conducted for results in Mathematics for 301 students from 3 CISCE schools by TARGETplus showed evidence that more children in the lower ranges of marks got 90% after the use of iVersusi. Also, more than twice the number of students overall in the TARGETplus group got marks above 90% than in the control group (53% versus 24%). TARGETplus progress tools also helped create more national toppers including 3 of the 6 National Rank 1 students in ISC in 2018.
Amit Kapoor, Co-Founder of Eupheus Learning, said, “These solutions are extremely beneficial for teachers and parents, apart from students, as they enable a targeted approach that saves time and improves results most time efficiently and effectively. They also reduce workload and stress. Teachers and parents (especially) get to know the exact learning gaps of each student. This a matchless step towards the future of education, to personalise solutions for every child, and to help every child excel even more in whole classrooms, within regular time frames, and with less work burden on the teacher and the taught.”
Dr. Sunita Gandhi, Founder, TARGETplus, stated, “Eupheus Learning is a pioneer in the Edtech space, and we at TARGETplusare extremely happy to be collaborating with them on iVersusi which is an innovative step in improving results for all children. Improving results is one of the most important goals for which every school works, what every parent wants, and what every child deserves. It makes everyone’s lives easier as the app is based on self-diagnosis and detailed diagnostic reports on each student that takes just 20 minutes of class time to generate. Using Eupheus’ vast reach, we aim to take this solution to schools all over the country so that our schools and students can benefit by getting even better results.”
genral atlantic puts anther$200 m in byjus
Saturday, 08 February 2020
Byju scores another $200 million in ongoing round, this time from General Atlantic ... In 2018, General Atlantic pumped in around ?410 crore for a 3.85% stake ... the world see the potential in the platform and want to put their chips in. ... Firstcry, the ecommerce store for baby products, gets another $150M ...
WhatsApp Pay set for phased roll out in India; granted NPCI permission
Saturday, 08 February 2020
WhatsApp Pay set for phased roll out in India; granted NPCI permission
by arpita srivastava
https://franchiseneed.com
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•Facebook-owned messaging service WhatsApp has secured regulatory approval for launching its digital payment platform — WhatApp Pay — in a phased manner close to two
years after the US-based companys pilot run.
The National Payments Corporation of India (NPCI) granted permission to the California-headquartered company on Thursday to operate WhatsApp Pay which will cater to 10 million users in India during the first phase a person in the know said.
The NPCI approval follows the Reserve Bank of Indias go-ahead. WhatsApp has assured the RBI and NPCI that it will comply with the data localisation norms a source said. WhatsApps resistance to the governments stand on data localisation was a key reason behind the delay in the companys payment service launch.
If WhatsApp is able to fulfil the compliance requirements, the messaging platform will be able to do a full roll-out the source said. Neither WhatsApp nor NPCI responded to Business Standard queries on the subject.
Once WhatsApp is able to do a full roll-out of the payment service, whatsapp expected to capture the lion’s share in that space. The messaging service giant which was bought by Mark Zuckerberg-led Facebook for $21 billion in 2014 counts India as its biggest market with more than 400 million users.Scale it slowly
WhatsApp s phased rollout of the payment service is linked to its large user base. The firm wants to scale up its payments operations once the infrastructure is equipped to handle the load of transactions, an official said. WhatsApp Pay based on the Unified Payments Interface (UPI) standard, is different from other apps that offer payment services. UPI developed by NPCI lets bank account holders send or receive money electronically without entering their net banking user ID or password.
So far Google Pay (launched in 2017 as Tez) has been the most used and growing UPI app in India, followed by Walmart-owned PhonePe Paytm and NPCI-created BHIM. All or most of these apps have acquired users from the ground up, giving banks time and opportunity to scale up as the transaction volume rises. As for Paytm, the subscriber numbers were not as high as WhatsApp when it launched UPI. Paytm had about 280 wallet users at the time and not all of them switched to UPI.
In the case of WhatsApp, the user base is already large and a phased rollout will hep ensure banks can scale up their systems as users start transacting. Payments through WhatsApp were introduced to a million users as a part of trial run in February 2018.
WhatsApp Pay beta run
WhatsApp started its trial run by partnering with ICICI Bank, while awaiting the regulatory nod to go live. After a long wait, things started firming up late last year. In October 2019, a third-party security audit, okayed by the RBI, was performed by one of the Big Four consultancies to check for security compliance of WhatsApp Pay, watsapp learnt. In the meantime, WhatsApp worked with the government and its own teams to resolve issues around data processing compliance.
The move to roll out WhatsApp Pay to a wider user base will put the American social media giant in direct competition with players like Alphabets Google Pay, Walmart-owned PhonePe, Amazon Pay and Alibaba-backed Paytm. These companies are already locked in a fierce battle to dominate the digital payments space in India.
As of last May, according to news reports, Google Pay saw over 240 million UPI transactions in the month, PhonePe recorded around 230 million while Paytm numbers were pegged at 200 million. Last week, speaking during an earnings call, Zuckerberg said WhatsApp Pay was expected to be launched in a number of countries over the next six months. We got approval to test this (payment services) with one million people in India back in 2018. And when so many of the people kept using it week after week, we knew it was going to be big when we get to launch,Zuckerberg had said, in a sure shot indication that the big rollout was close by.
DMART Parent launches 40 cr.
Friday, 07 February 2020
BENGALURU: Avenue, owner of the DMart supermarket chain on Wednesday launched a qualified institutional placement to raise up to 4 billion rupees. The shares rose 4.4% to Rs 2249 in the BSE Surpassing the sensex that closed 0.9% higher at 41143.
Avenue Supermarts informed BSE on Wednesday that the company board of directors had approved the issuance of 2 crore shares at a minimum price of Rs 1999. The QIP may allow a 5% discount.
After the QIP, the participation of the promoter Radhakrishan Damani will be reduced to 75% of 79% to comply with the Sebi guidelines on minimum public participation. For the third quarter, Avenue Supermarts reported a profit of Rs 394 million rupees, an increase of 55% year-over-year due to the decrease after the government cut in corporate taxes last year
Co-Working Space Provider Awfis Eyes To Double Operations In Hyderabad
Thursday, 06 February 2020
Co-Working Space Provider Awfis Eyes To Double Operations In Hyderabad
The co-working company operates eight centres in the city with a capacity of 5000 seats.
BY ARPITA SRIVASTAVA
Comment
Awfis Space Solutions is planning to double its presence in Hyderabad in the next six months. The co-working company operates eight centres in the city with a capacity of 5000 seats
Amit Ramani Founder & CEO Awfis Space Solutions, said We have roughly 5000 live seats and plan to double it to 10000 seats in the next six months Hyderabad is a key market for us and it will be among the top three cities for us as a co-working player including Bengaluru and Pune
Hyderabad is on our high priority list and we are keen to double the capacity here from eight centres to close to 16 centres by June-July 2020 We are currently in HITEC City and Gachibowli and plan to expand into Banjara Hills, Jubilee Hills, Begumpet Ameerpet and Secunderabad. From a geographic point of view, we want to provide complete coverage across commercial micro-markets of Hyderabad. At present the concentration is on the western market but we are soon going to spread into other locations Ramani added
India presence
In India Awfis has 35000 seats that are live across 10 cities, including Hyderabad. Recently the firm has forayed into Chennai Ramani stated There are around 15000 seats that are underway which will be ready by June. We are going to enter into Kochi Indore and Ahmedabad. The goal is to be in 12-13 cities and have over 50000 live seats by the middle of the year. We currently have 70 centres pan-India and will be adding another 30 to take the total to 100 by then
Statistical view of co-working spaces
Currentl there are 1000 operational co-working centres, with a capacity of more than 4 lakh seats across six major cities as per property consultant Cushman & Wakefield
Over the last 3-4 years the number of flexible space operators has risen from single digits to about 350
According to the report the user base of flexible workspaces will jump 10 times to nearly 3 million by 2025 Presently 65-70% of demand for co-working spaces comes from large corporates 15-20% from small & medium enterprises and 10-15% from freelancers and startups
The co-working demand in India is dominated by small and medium businesses and enterprises with the co-working space occupancy at about 90%. These companies are going to dominate the segment and drive demand.
The firms today look at converting capital investment into an operational investment flexibility with a shorter lock-in period, better infrastructure and well-designed workspaces
Pizza
Wednesday, 05 February 2020
ABOUT CHEF RUSSO
by arpita srivastava
https://franchiseneed.com
The child of original Italian settler Chef Anthony Russo experienced childhood in a New Jersey home where the kitchen was the focal point of family life There was continually cooking and preparing at home,and a large number of the fixings originated from the family garden Simply the way Grandpa and Nonna Russo backed in Avellino Italy
These encounters stayed with youthful Anthony as his family moved to Galveston Texas in 1978. His dad opened Russo Italian Restaurant which immediately turned into a neighborhood top choice. Much the same as that Anthony found a second home in the eatery kitchen. By the age of 12 he was taking in family plans from family members who flew in from Naples and Sicily each late spring Making pizza and scacciata (calzones) turned into his enthusiasm
gold gym
Tuesday, 04 February 2020
GROWTH TO COME FROM SMALLER TOWNS GOLS GYM Starting from one gym in Mumbai in 2002 Golds Gym has grown to over 145 centres currently
BY Arpita srivastava
GROWTH TO COME FROM SMALLER TOWNS GOLDS GYM
For over a decade, superior fitness services in India have been synonymous with Gold’s Gym. Starting from one gym in Mumbai in 2002 Golds Gym has grown to over 145 centres currently. The brand has aggressive plans to add over 50 centres in the span of the next 2-3 years. After dominating the urban markets with a unique business model, the fitness chain is now working towards capturing remote places like Tier IV towns across India. The future is here says Nikhil Kakkar COO Golds Gym. Excerpts from the conversation:
How has the past year been for Golds Gym
The previous year 2019 has been overall good for us. We have opened 18-20 gyms despite the tough market conditions and we have consistently done well in the sense we were able to meet the same number like we have been doing for the past five years. Although we added only 8-9 cities to our expansion portfolio, we were able to meet our targets.
Gold Gym was probably the first gym that became a branded chain of gyms in India. How has the brand evolved to stay relevant to the millennials
Like you rightly said, we were the first movers in the market which means the challenges were always there and equally, potentials were also there. Having said that, in India, fitness penetration is still very low when compared to international countries where at least 10-40% of the population goes to gyms; while in urban cities in India, even 1% of the population doesn’t go to a gym or involve in any kind of fitness activity. As we see, the scope of penetration is very large, which is also why so many players are entering the market.
How is the growth for Golds Gym in India Millennials, whether eating out or working out, want everything quick and we have designed a quick result programme a combination of diet and functional training) only to meet the demands of such millennials We are evolving as per customer needs and all our business models are designed to aid our growth. For instance, our model for urban markets is different, while the model for Tier II and III towns is different We have a very Indian model for Tier IV towns which is called the Golds Gym Active model designed especially for smaller cities. This model works extremely well for a town with population size of 2 lakhs and sub 2 lakhs. We want to have over 150 cities in the next two years and we are working towards this. Interestingly, there is immense scope to grow and the numbers are moving up. Growth is coming from Tier II, III, IV towns, considering our growth in urban markets is pretty exhausted at the moment .Do you think the model for Tier IV towns is sustainable in the long run The model has been designed in such fashion that it works in smaller towns. Well, what works in Delhi doesn’t work in Muradabad or Gorakhpur or for that matter what works in the US doesn’t work here. We had to design an Indian model for Tier IV towns. The paying capacity of these citizens has to be considered and in parallel, the investor also has to be profitable after two years. In order to achieve this, the capex has to be controlled and the investment has to go down.
Also, there won’t be the same number of members as in any metro city and we have to consider this. Another important aspect of this model has been that we are not charging exorbitant fees just because we are an international gym. If other local gyms are charging Rs 14000-15000 for an annual membership, we are also charging the same but offering international services at a lesser cost. As a result, there will be growth.
Has competition from other brands affected your growth in any way
I personally think more entrants in the market are good for the overall industry. Now, there is more awareness among people and they don’t want to spend time in hospitals. Instead, they would rather go to gyms. Also, the market is so huge that even if we can get 2% of the country’s population to go to a gym, there will still be a market for all.
How are you keeping up with the changing idea of wellness and fitness in India especially with internet penetration even in smaller towns?
It is the era of digital disruption irrespective of the sector. In retail, e-tailers are impacting retailers and now everything is available on the fingertips. Gold Gym is also launching its own app in a bid to build community, share diet tips, and create an ecosystem.
What are your targets for 2020
The target remains the same – we want to open over 50 centres in the next two years. However, the key challenge remains that most of the locations are sold out and what is next for us is that the growth has to come from smaller towns and we are working towards it.
urban company
Monday, 03 February 2020
Urban Company (better known as UrbanClap) has unveiled plans to on-board 1 million professional partners in the next 5 years. The company currently has 25,000 professional partners serving over 5 million households
by arpita srivastava.
To facilitate this massive expansion, the company has re-organized its business verticals to streamline business operations. Urban Company now offers services under 6 verticals, namely, Urban Beauty, Urban Grooming, Urban Spa, Urban Repairs, Urban Cleaning and Urban Painting.
The company has also re-branded itself from UrbanClap to Urban Company as it repositions itself into six core verticals to become a horizontal gig marketplace and expand its footprint globally. Highlighting the strategy to re-brand, Abhiraj Bhal, Co-Founder, Urban Company, said, “It was important for us to have a brand which is globally acceptable. Urban Company is a simple name with universal appeal. What remains unchanged is our commitment to offer reliable and affordable services at home. This is enabled by working closely with our professional partners, helping them with up-skilling, financing, insurance, product procurement etc., transforming them into micro-service entrepreneurs.”
The brand recently expanded into four international markets including, Dubai, Abu Dhabi, Sydney and Singapore.
Launched in 2014 in Delhi by Abhiraj Bhal, Varun Khaitan and Raghav Chandra, the startup currently has operations in 17 Indian cities – Ahmedabad, Bengaluru, Chandigarh, Chennai, Hyderabad, Jaipur, Kolkata, Mumbai, Pune, Ludhiana, Lucknow, Vadodara and Visakhapatnam.
The brand ties up with service providers in 6 verticals they operate in and provide appointments through their customer mobile app. The brand also has a company app for partners to buy the products and equipment they require through Urban Company-approved brands and suppliers. Professional partners receive classroom and on-the-job training to match their skill to company standards, as well as advertising and social media presence through Urban Company.
The brand charges a royalty of 20-30%, varying on the vertical the partner operates in. “Until Urban Company, the service professionals in India were not considered true professionals. Services such as plumbers, electricians and beauticians were not considered as high paying professions. However now our professional partners are micro-entrepreneurs, they make their own business hours and make a substantial living.” highlighted Bhal.
COFFEE DAY POSTS 190CR LOSS LOSS IN Q2
Saturday, 01 February 2020
Coffe Day Posts Rs. 190cr loss in Q2
coffe day enterprise(CDEL) which runs the Cafe Coffee chain reported a loss of Rs 190 crore for the qquarter ended September 30 2019 compared to a profit of RS.24 crore in the same period the year before accoreding to its management compiled numbers The stock exchange had warned that CDEF shared would be suspended form trading if failed to disclose its first quarter and half yearly form results by January 29 according sebinorms .Whether the management compliment number would satisfy the exchanges remains to see
Burger singh
Wednesday, 29 January 2020
Offers for establishment accomplices
By arpita srivastava
The burger conveyance chain likewise offers fascinating exceptional yield alternatives like establishment claimed organization worked for those searching for safe speculations and not be associated with tasks. The brand likewise has a worldwide nearness in London with 3 outlets and one nourishment truck and the establishment accomplice intends to take this number up to 17 in the following 3 years.Franchise accomplices additionally appear to be content with the forceful development period of the parent company.Rohan Mukherji, the establishment accomplice who began with one outlet in Noida and pursued another before long, stated, "The fundamental high for us, was the presentation of the Sector 50 outlet during its first year of activity, where it positioned among the main 3-4 outlets skillet India. Principle positives - direct connection with advertisers, sensible terms, proficient outfit, quality items, hit with adolescents." Another old accomplice, Mehrab Ilavia, included, "I was new to the cheap food industry and all the inventory network, item, tasks, and promoting bolster that I got was estimable." Establishment of Burger Singh chiefs are making a trip the nation over to meet intrigued franchisees; with Delhi NCR, Punjab, Gujarat, UP, MP, Maharashtra, Telangana, and Karnataka being the locales with the most elevated intrigue. Burger Singh as of now offers three establishment models going from Dine-in, Express (takeaway/conveyance) and Mini (stand), and all out venture costing anyplace from Rs 13-35 lakhs.
KFC
Tuesday, 28 January 2020
FINGER LICKING GOOD.......
new delhi KFC slogan like finfger licking good and nobody does chicken like KFC have lived entirely up to pepoles exepection for year whether the taste
of the food iteams is concerned or its the matter of company flowless advertising
but company latest the whole chicken advert is not faring well among the masses and has witnessed outrang form all across the globe
Pizzahut
Monday, 27 January 2020
pizzahut convay best pizza and yummest pizza
by arpita srivastava
https://franchiseneed.com
pizzahut an auxiiary of yum brands inc conveys more pizza ,pasta and wings than some other cafe on the planet the pizza cafe on the pizza cafe on the planet
the pizza cafe started 58year priored in wichita kansas when two siblings acquired $600 form their mother to begin a pizzashop what began little has become the greatest pizza and singnification more pizzahut additionally is the owner of the bbook IT program which is a long-standing kids education program utililized in execess of 630000 homeroom according the countery
OYO
Monday, 27 January 2020
OYO hotles and homes is looking at expanding its footprint in rajasthan the hospitality firm is aiming have 40000 room bye the end of next year
THE company is having a protfolioof over 44000 hotel with morethen 1.2 million rooms OYO operates in more than 800 cities in 80 countries
make my trip
Monday, 01 January 1900
make my trip is the best travilling company
Addidas
Thursday, 23 January 2020
Adidas Originals, the part of Adidas` Sports Style division, is going to open 8 more stores. While opening the second outlet in Chandigarh, Andreas Gellner, MD, Adidas India, reveals that the company is planning to enter all the major metropolitans by another 12-15 months. Within their business strategy, they have plan to set up sports performance showrooms in the tier III and tier IV cities. The country is likely to see another 150 such showrooms making the total count 450 by the end of this year. For the brand promotion, the company is planning to rope in a celebrity but on the basis of non-commercial relationship like their global counterparts. Also, it was revealed that Adidas would be investing 8 per cent of its total sales from the country on marketing initiatives. According to Gellner, India would be among the 12 top markets within 3-4 years. Adidas Originals plans to expand its presence by opening stores in all the major metros such as Bangalore, Mumbai, NCR, Chennai, Mumbai, Hyderabad in the next 12-15 months. All the stores will be franchised. A potential partner should be involved and willing to invest time and money. The franchisee should possess a long-term vision and business plan, as well as a structure and team for execution of agreed plans. The partner should have a cultural fit with the adidas brand, i.e. possesses the passion for performance and the determination to lead. A minimum of 1000-1200 sq ft area is required for the stores. Regarding the investment, Gellner says, “ Adidas offers a predetermined margin to the partners, who retail from adidas’ exclusive stores. These stores are designed as per adidas’ global retail guidelines and provide high visibility. The brand offers advice and assistance to its franchisees on every facet of retail operations. All new franchisees are provided with a detailed return on investment. The absolute investment varies according to the store size and also the overall business expectation.” Adidas, the sportswear giant, registered a turnover of 10 billion euros in 2007. Currently the company enjoys 25-30 per cent of market share in country’s sports footwear and apparel market.
By Arpita from https://www.franchiseneed.com
gold gym
Thursday, 23 January 2020
gold is gym opens its franchise in Jalandhar After its success in Ludhiana, Gold is gym, the largest co-ed gym chain in the world has opened its franchise in Jalandhar which has also met with huge success. The company is now planning to target some tier II cities like Mohali, Chandigarh and Panchkula. Gold`s gym, called "The Mecca of Bodybuilding", is mostly preferred by the amateur and the professional-athletes, besides fitness and beauty-conscience entertainment industry professionals. "Such sports centers are essential for everyone. Gyms should be well-equipped where people can come and gain fitness. Punjabis are very fond of eating; so they just gobble and forget about their health. Going to fitness centres is the best way to fight many of the diseases," says Harbhajan Singh, member of the Indian Cricket Team. The Punjabis have also learnt the secret of remaining fit as they avail of the facilities at high-tech fitness centres equipped with a cardio-vascular section, strength training and free weight, and a steam room. The credit of bringing a world-class fitness facility to Jalandhar goes to Amolok Singh Gakhal, a non-resident Punjabi who spent 1.4 million dollars in getting the franchise. The mantra, “Health is Wealth” is currently a prominent feature of the lives Punjabis, and they don`t think it`s a big deal to spend $650 a year to stay fit. The fitness industry has noted the rising health trend and it`s planning more such centers in the near future. According to Manvinder Singh Bal, Director, Gold`s Gym, The potential is enormous, because this is an industry, which does not target any specific sector like doctors or engineers. Good health is necessary for everyone. But, since in today`s modern lifestyle, fitness is not part of the daily curriculum, it becomes important to educate the people. If they are aware of the importance of health and fitness in their lives, they will definitely like our concept." Gymnasiums, health centres and spas have mushroomed in all major cities of Punjab. Some of the larger ones like Gold`s gym hire qualified medical practitioners and dieticians to guide members. In today`s stressful and fast-morning life, fitness is necessary to be savvy and successful. "One gains mental fitness by having physical fitness. One who is mentally and physically fit can achieve anything," said Dr. S. P. S. Virk, a customer. Gold`s gym is currently setting up a gym chain in India with one gym opening every two months. Presently it has 16 open and operating gyms across 10 cities in India. Currently the company is concentrated mainly in North India, but is planning expansion across the nation. The expansion mode is essentially through franchise route. One of its branches is already operational in Noida, while another one will come up soon in Rohini, Delhi. Being the master franchisee of the SAARC countries, the company has already marked its presence in Nepal and Bangladesh. Franchise Facts Existing Gyms: 14 operational; 18 under construction Future Plans: 50 branches by this year-end Location Preferred: Malls, Residential/Office Complexes Investment: Rs. 2 crore Area: 7000 sq. ft. carpet area Target Cities: Tier II Cities Support: Operational, Marketing, Sales, Training and Vendor tie-up
chicago pizza
Thursday, 23 January 2020
The Delhi-based QSR wants to deploy funds to strengthen its market presence with slew of cloud kitchens, pizza lounges and logistics centres in South, West and East India
BY arpita srivastava
More than a decade after its launch, Delhi-based Chicago Pizza is looking to raise Series-A funds for faster expansion. The brand plans to dilute 10-20% shares of the company. It has clocked over 150% growth in sales in the current fiscal and asserts to increase the revenues to Rs 1,000 crore over the next three years with more store launches, new brand formats, and aggressive growth plans. Speaking about how the company would like to deploy the funds, Vishal Kapur, Co-Founder, Chicago Pizza, said, “A majority of the funds would be used to further strengthen our presence and build more warehouses to cater to other locations, apart from North India.”
“Though we have seeded outlets pan-India ranging from Chennai to even remote locations in Guwahati, we wish to open commissary or logistic centers in three locations to further support, facilitate and grow in South, West and East India. We want to maximize on the pizza delivery revolution which was once captured only by international brands like Dominos or Pizza Hut. Today, customers are more open to brands like Chicago Pizza. We wish to open 10 cloud kitchens in virgin Tier I cities as well as in Mumbai and Bengaluru to keep operations cost low and get maximum sales through the owned delivery website, CRM, logistics as well as from third-party deliveries,” he added.
Unique Models
In addition, Chicago Pizza has devised a new franchise model, Chicago Pizza Beer and Wine Lounge, offering liquor with pizza. The brand has finalized 10 such lounges in Delhi NCR to further enrich the experience of consuming pizza along with wine or beer. According to Kapur, sales from such lounges serving alcohol would be higher on which the brand would be charging 9% royalty on both food and alcohol. He added that these strategies with a mix of lounge experience and dark kitchens will assist the brand to expand swiftly.
The big thing in favor of the brand has been its ambitious plan to take its footprint far and wide. Launched with a single outlet in Delhi-NCR in 2007, Chicago Pizza has spread over 120 locations pan-India. Popularly known for its ‘by the slice pizza’ concept, Chicago Pizza operates in two models – company-owned and franchise-owned. Another highlight of its services has been the ‘do-it-yourself’ pizza kit that the brand provides to its customers who would like to bake their own pizza with sauces and toppings of their choice.
Youth cafe on the expansion mode ...
Wednesday, 26 June 2019
In a way to increase the portfolio Franchiseneed.com relaunches it food brand underthe name of Youth cafe. With the wide choice of the food menu and drink menu with limited investment and high returns
Jubilant FoodWorks to Boost the Franchisee of Dunkin’ Donut in India...
Wednesday, 26 June 2019
In a way to increase the portfolio of Dunkin’ Donut in India, Indian master franchisee of the brand, Jubilant FoodWorks Ltd, plans to launch 100 outlets of it in next four years. “We will open 80-100 Dunkin’ Donut outlets in the next four years to grow the brand. We are identifying locations wher
Carnation India is looking at over 10 Franchisee Outlets in each major city...
Wednesday, 26 June 2019
Chennai, Sept: “Rich people buy new cars, intelligent people buy second-hand cars,” says Jagdish Khattar, Chairman and Managing Director, Carnation Auto India, a multi-brand car service chain and dealer in pre-owned cars. Khattar smiles — it must have been tough to keep a straight face considering
Subway on the expansion mode ...
Wednesday, 26 June 2019
Subway India franchises is expanding its network across the country, with widely targeting the vegetarian lovers. According to a new report by Food and Beverage India, the largest food franchise will not only enchasing the covering area, but will also introduce some more international flavours.
