Oyo to shut doors on 2,400 Indian staffers, may let go more in March
Layoffs will be in mid-management, business development, sales and operations roles, & tech teams.
Oyo to end unprofitable contracts as SoftBank sets pre-IPO deadline
The company runs about 800 hotels under a self-operated business model, w...
Oyo sets sights on wedding business
Some of Oyo's offline stores will sell wedding products while others will be experiential in nature to he...
OYO acquires wedding marketplace Weddingz
Weddingz was founded in 2015 by former IIT-Delhi and Wharton School alum Sandeep Lodha. Gulati said OYO will not rebrand Weddingz and that it has absorbed the company’s entire workforce of about 200 employees.
Oyo in advanced talks to acquire Innov8 for Rs 200 crore
Oyo, flush with funds, has been scouting for deals in the co-working segment for a while, at the behest of SoftBank, the people said.
Our bookings were down 30-40% in Nov, 25% in Dec: Weddingz.in Founder and CEO
The biggest issue with demonetization and wedding planning is payment to several vendor categories who do not have bank accounts or any other way to receive payment.
Weddingz.in raises undisclosed funding from Sixth Sense Ventures
Weddingz.in, has raised an undisclosed sum from consumer-focused venture capital firm Sixth Sense Ventures, the second such funding.
IT goes big on design talent at campuses
IT and ecommerce companies are lining up at design institutes with job offers for students as they focus on improving their presence and interaction with customers in the digital space.
Ambit Private Wealth raises Rs 8.2 crore investment in WeddingZ.in
L Fast Brands Pvt Ltd., owner and operator of the brand and online portal www.weddingZ.in, has raised an angel Round (pre series A) funding of Rs 8.2 crore.
AppilyEver knots in seed round
Integrated wedding services app AppilyEver has raised a seed round of Rs 2.7 crores ($400,000) from a group of angel investors, led by founder of Univariety, Varun Aggarwal.
How fat Indian weddings are going on a crash diet to cope with demonetisation
For those who do not want to scrimp on costs in the time of a cash crunch, wedding planners who have tied up with banks is an option.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service