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16 Aug 2022, 11:59

WeWork co-founder's startup gets valued at $1 billion even before launch

WeWork co-founder's startup gets valued at $1 billion even before launch

WeWork co-founder's startup gets valued at $1 billion even before launch

Flexible office space provider WeWork co-founder and former CEO Adam Neumann has received around $350 million funding from top investment fund Andreessen Horowitz (a16z) for his upcoming new rental real estate business, called Flow. The investment puts Flow's valuation at over $1 billion (a unicorn status) and the startup is yet to be launched.

IPO-bound OYO acquires Denmark's holiday home chain Bornholmske Feriehuse
11 Aug 2022, 14:46

IPO-bound OYO acquires Denmark's holiday home chain Bornholmske Feriehuse

In line with its commitment to the 'Invest in Denmark' initiative, online hospitality major OYO has acquired Europe-based holiday homes operator Bornholmske Feriehuse, which aims to accelerate the growth of travel and tourism in the market.

Web3 is at an inflection point where online assets will start staying online: Survey
Kritti Bhalla
11 Aug 2022, 13:00

Web3 is at an inflection point where online assets will start staying online: Survey

Roughly one in two entrepreneurs believe that metaverse and Web3 is a ‘good opportunity’ for Indian startups, as per a recent survey carried out by early stage investment firm 100X.VC. While 55% were in favour of this trend, 17% believe that Metaverse and Web3 would not be that big of a deal with Indian startups. About 28% of respondents did not have any opinion on the same.