OYO Rooms
TMT
Social network Zorro gets $3.2 mn seed funding from 15 unicorn founders
Zorro Internet Pvt Ltd, which operates a pseudonymous social network, has raised $3.2 million (around Rs 24 crore) in a ......
TMT
Startup stress test: Which VC-backed ventures have the shortest capital runway?
A large number of technology startups in India have laid off employees and cut salaries over the past couple of ......
TMT
SoftBank-backed OYO buys @Leisure Group in biggest overseas deal by an Indian startup
OYO has acquired a majority stake in European vacation rental company @Leisure Group from German media house Axel Springer SE, ......
TMT
Japan's AET Fund, Blume lead follow-on round in The Wedding Brigade
Mumbai-based Sitara Digital Ventures, which runs marriage ceremony solutions portal The Wedding Brigade (TWB), has raised an additional $1 million ......
General
IndusInd, CITIC CLSA eye IDFC MF biz; OYO in talks for fresh funds
Diversified financial services firm IDFC Ltd is in talks with interested parties to merge or sell its asset management arm ......
TMT
Budget 2018: Founders of Ola, Snapdeal, MobiKwik and others share their views
Although the Budget 2018 was a decidedly populist one focused the rural economy, finance minister Arun Jaitley emphasised the importance ......
TMT
Ratan Tata-backed Niki.ai builds chatbot for Federal Bank's mobile app
Ratan Tata-backed artificial intelligence firm Niki.ai has tied up with Kerala-headquartered Federal Bank to launch a chatbot-based virtual assistant on ......
People
Snapdeal poaches legal head from another SoftBank-backed startup
Country’s third largest e-commerce company Snapdeal is set to get a new general counsel to head its legal and regulatory ......
Finance
InnoVen's venture debt investments in India rose 25% on record follow-on funding
Temasek’s venture debt arm InnoVen Capital has recorded a 25% jump in funding in 2017, thanks to the follow-on investments ......
TMT
Treebo Hotels' FY17 revenue soars 10-fold, loss widens
Hotel aggregator Treebo has reported a 10-fold jump in revenue for the financial year ended March 2017, but its net ......