Treebo fires 120 employees, blames failed funding
In July last year, Treebo had laid off 70-80 employees after online travel agency MakeMyTrip stopped listing the company on its platform
The curious case of two bananas: Ola, Policybazaar, Manforce Condoms cash in on the #RahulBoseMoment
Brands across social media brought their...
A91 closes $351 milllion fund
The fund’s limited partners or sponsors in the fund include the likes of The International Finance Corporation ...
OYO may ride on SoftBank JV to make inroads into China
SoftBank's Son, who has ploughed billions into India’s startup ecosystem, said OYO was growing “exponentially” and heaped praise on its founder.
Wicket just eased up for a $5 trillion chase: Ritesh Agarwal
Increasing access to capital and skill building, easing tax norms for startups, encouraging knowledge-sharing and supporting MSMEs will help India harness its demographic dividend — a young workforce.
Snapdeal ramps up its legal department: Poaches from Johnson & Johnson and Flipkart
The SoftBank backed Snapdeal has hired Prankur Chaturvedi, legal counsel at Johnson & Johnson to head its contract and compliance department.
Have created over 1 lakh direct and indirect jobs in India: OYO
The company has set up 22 OYO Skill Institutes in the country for training frontline staff in every aspect of hotel management in India.
Hotelbeds & Oyo Hotels & Homes announce strategic distribution partnership
Oyo will be able to distribute its hotel rooms via the wholesale channel, which operates under the name Hotelbeds name and the retail travel agent channel called Bedsonline.
OYO and SoftBank form JV to launch hotels business in Japan
The Japanese joint venture will see OYO holding a 50% stake, with Softbank Corp and Vision Fund owning 25% each.
Oyo and Softbank form JV to launch hotels business in Japan
Oyo to hold 50% while Softbank & its Vision Fund will own 25% each.
OYO forays into Japan with a housing rental service
The service, called OYO Life, will be available from the beginning of next month and will be offered by OYO Technology & Hospitality Company, Japan, the joint venture entity between OYO and Yahoo Japan.
Oyo in talks to acquire FreshMenu for $60M
The move will help Oyo standardise its food experience across hotels, an initiative that has internally been in the works for more than a year, said one of the sources.
OYO expands international footprint with Saudi Arabia foray
These properties will be operated under the franchise model with full inventory control similar to other markets like India and China, OYO said in a statement.
$1bn startups, flush with funds, hire big
Among roles, sales, marketing and operations are seeing the highest growth of around 50%.
ITC plans to open more stores in high footfall locations
During the company’s 108th annual general meeting, Puri said the stores will showcase the expanded range of ITC products and not contest with its sales channel.
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