hospitality
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OYO acquires Copenhagen-based data science company Danamica
OYO Hotels & Homes has acquired Danamica, a Copenhagen-based data science company which specialises in dynamic pricing, the Indian company ......
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Ritesh Agarwal to triple stake in SoftBank-backed OYO for $2 bn
OYO Hotels & Homes founder and chief executive Ritesh Agarwal on Friday said he will deploy $2 billion (Rs 13,763 ......
Consumer
Lemon Tree to buy Keys Hotels for $68 mn, get more capital from Dutch pension fund
Lemon Tree Hotels Ltd, which operates an eponymous mid-range hotel chain, is acquiring Keys Hotels for Rs 471 crore ($68.2 ......
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TA Associates-backed RateGain acquires digital marketing firm BCV
Indian software-as-a-service company RateGain IT Solutions Pvt. Ltd has acquired US-based digital marketing provider BCV to expand its offerings in ......
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Hospitality firm V Resorts raises Series A capital from HNIs, existing investors
New Delhi-based Bliss Inns Pvt. Ltd, which runs an asset-light resort management company under the brand name V Resorts, has ......
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Airbnb bets on OYO in Series E round
San Francisco-based home-sharing marketplace Airbnb has invested an undisclosed sum in SoftBank-backed budget hospitality chain OYO. Airbnb said in a statement ......
Consumer
Policy Tracker: Tourists are flocking to India, but that's not the whole story
Earlier this week, Canada’s Brookfield Asset Management Inc. announced that it was acquiring Hotel Leelaventure Ltd’s luxury hotels for $576 ......
Infrastructure
JLL India hires Oberoi Group exec to head hotels and hospitality biz
JLL India, the local arm of global real estate consultancy JLL, has appointed Jaideep Dang as the managing director of ......
Finance
Bharat Hotels, PE-backed Spandana Spoorthy get SEBI nod to float IPO
Bharat Hotels, which operates five-star properties under the LaLiT brand, and private equity investors-backed microfinance lender Spandana Spoorthy Financial Ltd ......
Infrastructure
Piramal Capital invests $95 mn in Goldman Sachs-backed SAMHI Group's hotels
Piramal Capital & Housing Finance Ltd (PCHFL), a wholly-owned subsidiary of the diversified Piramal Enterprises Ltd, said on Monday that ......