Thick Shake to invest Rs 50 cr to open 200 outlets

Shake brand The Thick Shake Factory plans to invest Rs 50 crore to set up 200 outlets across India in the next two years.
"We intend to open up about 200 outlets with an investment of Rs 50 crore across India in the next 2 years with each outlet entailing an investment of about Rs 20-30 lakh across India through franchise model with the help of Franchise India," The Thick Shake Factory Founder M Yeshwanth Nag said in a statement.
TTSF, which began operations with first outlet in Hyderabad in 2013, at present has 16 outlets across Mumbai, Bangalore, Hyderabad and Coimbatore.

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IvyCamp,Zhucloud tie up promote Chinese investment in startups * IvyCamp, an initiative of IvyCap Ventures, and Incapital's Zhucloud have announced their partnership to provide Chinese investors access to Indian startups.
The partnership will particularly bring visibility for Indian startups on IvyCamp's platform to a large base of Chinese investors via Zhucloud, IvyCamp said in a statement.

Over 30 Chinese early stage venture capital (VC) funds such as Cyber Carrier, Fenghou Capital, Legend Capital, Plum Ventures, Grand View Capital, K2VC, Hill House Capital, Fusion Capital, Heli Capital and Chengwei Capital, are part of this initiative.

These are early stage funds that invest from USD 200,000 up to USD 2 million in early stage startups and are expected to scout for and invest in Indian startups in Healthcare, Fintech. E-commerce and internet of things (IoT), IvyCamp said.
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Amazon Prime Video to bring animated series on film Baahubali * E-commerce giant Amazon's upcoming video-on-demand service Amazon Prime Video today partnered SS Rajamouli, Graphic India and Arka Mediaworks to launch multi-episode animated series "Baahubali: The Lost Legends" a based on the movie "Baahubali".
The series will premiere on Amazon Prime Video India in 2017.

Mahindra Two Wheelers launches MOJO Tourer priced Rs 1.86 lakh
* Mahindra Two Wheelers Ltd (MTWL), today launched the Mahindra MOJO Tourer edition motorcycle priced at Rs 1.86 lakh (ex-showroom Delhi).
Commenting on the launch, MTWL Senior General Manager - Sales, Marketing & Product Planning Naveen Malhotra said the MOJO Tourer Edition is aimed at those who have a passion for touring and for whom exploring new terrain is a way of life.
The new motorcycle offers a wide range of accessories, including a magnetic tank bag equipped with four rare earth magnets to provide superior grip along with a 13 litre storage capacity, mobile holder and fog lamp and mount to be used in adverse weather conditions, among others.

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Gateway Brewing in talks to raise USD 3 mln funding * Gateway Brewing Co, a startup in the food & beverages segment, is in advanced talks with investors to raise USD 3 million in its series A round.
The money would be used to initiate its bottling operations for distribution of their beer pan-India, the company said in a statement.
Commenting on the development GBC Co-founder Navin Mittal said: "The funds raised will be used for capital expenditure, marketing and brand building. We have already been in talks with certain funds and angels to close this round. Gateway Brewing Co. Has engaged Ashika Capital Limited, an investment bank based out Mumbai to advise it on the transaction."

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SMT to establish R&D and Innovation centre in Ireland * Indian Medical devices company Sahajanand Medical Technologies (SMT) today said it is establishing its European headquarters in Ireland, which will have a state-of-the-art Research & Development and Innovation Centre.
SMT is largest developer and manufacturer of minimally invasive coronary stent systems in India and supplies to around 60 countries in Europe, Asia, MENA and Latin America. The company has received numerous awards for its breakthrough innovations and quality that have led to more thinner and flexible DES with good long term clinical results.
Cox & Kings owned MEININGER hotels to open in Heidelberg

* Tour and travel firm Cox & Kings Cox owned MEININGER Hotels have signed a contract with Hirotani Projektgesellschaft mbH to open a new hotel in Heidelberg in Germany.
The company however did not provide any financial details about the contract.
The new hotel will offer 336 beds in 100 rooms on five floors, Cox & Kings said in a filing to BSE.
The opening of the hotel is being planned for beginning of 2019, it added.
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Muthoot Group comes with Hero Indian Super League for 3rd yr * Kerala based Muthoot Group today announced its association with Hero Indian Super League for the third consecutive year.

Muthoot Group is in a continued association as the official Referee and Fair Play Sponsor of Hero Indian Super League (HISL)for the third consecutive year, it said in a release.
Alexander George Muthoot, the Director of Muthoot Group also unveiled the Fair Play Award Trophy. The Group said it will also produce a limited edition of HISL gold coins with The Muthoot Group Fair Play Award.