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Grapevine: Top Oyo execs to pool angel bets; Ola looks to raise funding from Microsoft

General

29 October, 2019

Grapevine: Top Oyo execs to pool angel bets; Ola looks to raise funding from Microsoft

Oyo Hotels and Homes CEO Ritesh Agarwal and CFO Abhishek Gupta have likely created a separate vehicle for their personal ......

Oyo to raise $1.5 bn from founder Ritesh Agarwal, existing investors

TMT

07 October, 2019

Oyo to raise $1.5 bn from founder Ritesh Agarwal, existing investors

OYO Hotels & Homes will raise $1.5 billion (about Rs 10,651 crore at current exchange rates) in a Series F ......

SoftBank-backed Oyo faces backlash as some hotels cry foul and check out

TMT

07 October, 2019

SoftBank-backed Oyo faces backlash as some hotels cry foul and check out

India's Oyo Hotels and Homes shot out of nowhere to become one of the world's largest hotel chains with a ......

Grapevine: Blackstone plans India warehousing deal; Dalmia eyes Emami cement biz

General

12 September, 2019

Grapevine: Blackstone plans India warehousing deal; Dalmia eyes Emami cement biz

Private equity firm Blackstone is in discussions to invest Rs 1,500 crore ($209 million) in a venture with India's Allcargo ......

Advent may buy into Aditya Birla Capital; I Squared, NIIF eye IL&FS road assets

General

04 September, 2019

Advent may buy into Aditya Birla Capital; I Squared, NIIF eye IL&FS road assets

US-based private equity firm Advent International is in advanced talks to invest up to Rs 1,300 crore ($180 million) in ......

SoftBank-backed OYO to rebrand Hooters hotel in Las Vegas for $135 mn

Consumer

23 August, 2019

SoftBank-backed OYO to rebrand Hooters hotel in Las Vegas for $135 mn

SoftBank Group Corp-backed Indian hotel aggregator Oyo will rebrand a Hooters Casino Hotel in Las Vegas, a deal that a ......

SoftBank's Masayoshi Son says Japan lacks investment opportunities, lagging in AI race

Finance

18 July, 2019

SoftBank's Masayoshi Son says Japan lacks investment opportunities, lagging in AI race

SoftBank Group Corp founder and Chief Executive Masayoshi Son said on Thursday that there is a dearth of investment opportunities ......

SoftBank-backed OYO acquires Innov8 to expand co-working business

TMT

16 July, 2019

SoftBank-backed OYO acquires Innov8 to expand co-working business

OYO Hotels & Homes has bought co-working space provider Innov8 to expand in the fast-growing segment, as the hospitality unicorn ......

SoftBank profit jumps on Uber, OYO valuation gains; plans second Vision Fund

TMT

09 May, 2019

SoftBank profit jumps on Uber, OYO valuation gains; plans second Vision Fund

Japan's SoftBank Group Corp announced a stock split while keeping the per-share dividend unchanged for the year, effectively doubling its ......

Hospitality firm V Resorts raises Series A capital from HNIs, existing investors

TMT

08 April, 2019

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 ......