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3 mins read
Ritesh Agarwal-led OYO files preliminary papers for its $1.2 billion IPO
According to documents seen by Business Insider, the Gurugram-based startup aims to raise ₹7,000…
2 mins read
IPO-bound OYO increases authorised share capital to ₹901 crore
The development comes ahead of proposed initial public offering (IPO) by OYO, for which a draf…
PTI
3 mins read
Early-stage startups keen on hiring for mid and junior roles: FICCI-Randstad survey
A survey by industry body FICCI and HR services firm Randstad India says that early-stage startups …
1 min read
OYO’s Ritesh Agarwal joins the long list of founders who have turned investors
The fund is headed by Gaurav Gulati, the former Chief Operating Officer of Innov8, which was acq…
2 mins read
OYO takes first step towards a $1.2 billion IPO, reportedly appoints 3 investment banks
The development was reported by Moneycontrol citing industry sources, who also highlighted that …
2 mins read
Retail-tech startup Daalchini raises $4 million in a round led by Unicorn India Ventures
Delhi-based retail-tech startup Daalchini has raised $4 million in a series A round led by Unicorn …
4 mins read
SoftBank has $13 billion unspent in India but Masayoshi Son is not betting on his own ‘vision’
Misra also told ET that SVF1 has invested $81 billion so far and has also returned $10.7 bil…
1 min read
SoftBank expects a $16.5 billion loss for its Vision Fund as its investments see dismal performance
The record loss for FY 20 is because of ‘the deteriorating performance of its tech bets’. Mea…
3 mins read
OYO is struggling in Japan due to coronavirus, but announces a new brand in the country, along with funds for hoteliers
OYO Hotels Japan, a joint venture established in Japan by OYO Hotels & Homes, a hotel venture f…
1 min read
Ritesh Agarwal to take a 100% pay cut, OYO sets up a welfare fund for Corona-hit hotel partners
The already troubled OYO, which was on a path towards profitability, now has another massive challe…
2 mins read
Airbnb picks up a stake in its Indian rival Oyo Rooms
US-based home renting startup AirBnB has reportedly picked up a stake in Oyo Rooms. In a series E f…
1 min read
These are the top 10 most-funded Indian startups of the decade
Indian startups are closing the decade with a bang. India will enter 2020 with a tag of being the w…
2 mins read
Rupee gains 8 paise to close at 81.22 against US dollar
At the interbank foreign exchange market, the local unit opened at 81.08 and touched an intra-…
PTI
2 mins read
Wellness startup dealing with male menopause raises ₹5.5 crore in pre-seed funding
Wellness startup dealing with male menopause raises ₹5.5 crore in pre-seed funding
2 mins read
Oyo to raise $1.5 billion of which $700 million will come from its founder Ritesh Agarwal
Oyo Oyo CEO Ritesh Agarwal.
Shona Ghosh
2 mins read
Indian startup funding hit 2-year low in Jul-Sep at $2.7 billion: PwC
Startup funding has hit a two-year low at $2.7 billion across 205 deals in July-September quarter, …
3 mins read
Former Oyo, Uber executive's startup raises $3.5 million from Elevation Capital
The company enables agricultural producers, local manufacturers and home-based business owners t…
1 min read
Microsoft is in advanced talks to invest in OYO at a valuation of $9 billion, say media reports
Satya Nadella-run Microsoft is in advanced talks to invest in Airbnb-backed Indian budget hotel cha…