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OYO ZOMATO
Young, loss-making startups keep OFS portion lean as investor scrutiny growsNew-age, loss-making startups are prioritising large fresh issue components in their IPOs to fund growth, a shift from the 2021-22 cycle. I...- Oyo's new rule: Why India’s hotels must not surrender to the marriage policeOyo Hotels' decision to ban unmarried couples in Meerut, influenced by societal complaints and political pressures, highlights the challeng...
- Electronics sales on q-comm; Oyo acquires G6 HospitalityConsumers are now shopping for electronics on quick commerce platforms. This and more in today’s ETtech Top 5.
- Zomato-Paytm ticketing deal; Oyo’s Rs 1,000-crore fundingZomato is looking to strengthen its ‘going-out’ business with the acquisition of Paytm’s ticket booking and events business. Details on thi...
- Swiggy to axe 400 jobs; Groww vs Zerodha race heats upThe cuts, which will impact about 6% of its 5,500 to 6,000 staff, will most likely happen across teams like technology, call centre, and co...
- Zomato’s ‘war room’ to take on New Year’s Eve surge stirs work culture debate onlineDeepinder Goyal, cofounder and chief executive of Zomato, on Sunday shared images from the company's 'war room' showing employees huddled i...
- 'Shark Tank India' gears up for season 3 with new 'Sharks'; Zomato chief Deepinder Goyal, OYO boss Ritesh Agarwal join juryThe shooting of the third season of 'Shark Tank India' has already begun! Let's meet the news 'Sharks' in town.
- Competition issues: Paytm's Vijay Shekhar Sharma, Oyo's Ritesh Agarwal to meet parliamentary panelBJP leader and former Union Minister Jayant Sinha-chaired Parliamentary Standing Committee on Finance has been looking into various aspects...
- Mobikwik, Oyo Rooms and Delhivery to soon join the IPO startup partyFollowing the success of Zomato’s listings, many of these new-age businesses are readying IPO plans.
- Oyo Hotels may file draft red herring prospectus next week for $1 billion IPOThe IPO, tentatively pegged at between $1 billion and $1.2 billion, will consist of a fresh issue of shares and an offer for sale (OFS) fro...
- Oyo said to file for $1.2-billion IPO next weekOyo is looking to list in Mumbai and its IPO is tentatively pegged at between $1 billion and $1.2 billion. It will consist of a fresh issue...
- Oyo aims for India IPO in 2021Internally, the hospitality company has set a timeline of September for filing its IPO prospectus and wants to be a public company before t...
- Microsoft finalises strategic investment in Oyo at $9 billion valuationSources told ET that the global technology major will initially buy a small stake, but it has the option to raise ownership later.
- Startups like Zomato, Oyo offer more Esops to staff to ease pay cut painIn April, Zomato initiated a voluntary salary reduction programme, which also offers affected employees’ additional stock in lieu of the ca...
- Apollo-led group of companies to help govt with Covid careThe group, which also includes Biocon, Oyo Hotels, Lemon Tree Hotels, Ginger Hotels, Zomato, SBI, HUL and Deutsche Bank, has identified abo...
- Ecommerce companies, tech startups bullish on hiringFood delivery app Swiggy has hired many in leadership and senior roles in the last 18 months.
- Hiring spree: Unicorns splurge on high-cost talentOyo, Zomato, Swiggy lead the table for top hires; average salary at over Rs 60 lakh, 20% in Rs 1-1.5 crore range.
- Oyo in talks to acquire FreshMenu for $60MThe move will help Oyo standardise its food experience across hotels, an initiative that has internally been in the works for more than a y...
- Why executives are quitting cushy jobs at large companies to join aggregators like OYO, Zomato and PractoAggregators are turning out to be strong draws for several people, who are lured by the challenges and learning opportunities that come wit...
- Uber, Foodpanda and ZO Rooms form partnership to enrich travellers experienceUber, Foodpanda, and budget hotel chain ZO Rooms are joining together to enable a seamless experience for travellers to travel, eat, and st...
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