buying a franchise business
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Vaishnavi Gupta Sep 03 2020 - 5 min readIn India, the franchising business was worth Rs 938 billion in 2012. It reached Rs 3,570 billion in 2017, increasing at a compound annual growth rate (CAGR) of 31%. The franchising market is projected to reach Rs 10,500 billion by 2022, growing at a CAGR of 24%. Seeing this potential of the franchise sector, franchising ...
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Nikita Arya Mar 12 2019 - 3 min readFranchising is a way of doing business by which the owner (franchisor) of a product, service or method obtains distribution through affiliated dealers (franchisee). This innovative way of business has become a popular model for businessmen from all the sectors to flourish their businesses all across the world. The popularity of franchising business model in ...
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Sneha Santra Jun 22 2018 - 3 min readUClean is India's first organized chain of Laundromats focused on fostering the DIY culture. With technology at the heart of the brand, UClean also enables the time-crunched customer to avail pick-n-drop service from the comforts of his home or office. UClean is committed to working with other entrepreneurs and investors and co-build the UClean brand ...
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Franchise India Bureau May 18 2018 - 1 min readNon-banking financial company Crest Ventures Ltd has agreed to buy the 48% stake it doesn’t already own in Tullett Prebon (India) Ltd from Prebon Holdings BV for Rs 4.52 crore ($670,000) in cash. Crest Ventures’ stake in Tullett Prebon (India) after the acquisition will increase to 99.99% from 51.99%, it said ...
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Franchise India Bureau Apr 30 2018 - 1 min readGlobal asset manager BlackRock Inc. is in the acquisition process with DSP Group from their asset management joint venture DSP BlackRock Investment Managers Pvt. Ltd, reported a financial daily, citing two people aware of the development. BlackRock holds a 40% stake while Hemendra Kothari-led DSP Group owns 60% of the JV, ...