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Groww investors reap bumper returns; Lightspeed’s India rethinkHappy Wednesday! Groww delivered strong gains to early investors after the IPO lock-in expired. This and more in today’s ETtech Morning Dis...- Tariffs cloud tech outlook; Oyo hits IPO wallAmazon and Apple beat estimates, but their forecasts amid Trump’s trade war raised investor concerns. This and more in today’s ETtech Top 5.
- Coforge-Cigniti merger; Oyo acquires G6 HospitalityHappy Tuesday! Coforge and Cigniti Technologies move closer to a merger. This and more in today’s ETtech Morning Dispatch.
- Apple supplier Jabil eyes expansion; Ixigo, Go Digit financialsApple supplier Jabil plans to expand operations in India, one of the world's fastest-growing markets for iPhones. This and more in today’s ...
- Zepto’s mega fundraise; Oyo funding gets shareholder nodQuick commerce company Zepto has raised $665 million from new and existing investors. This and more on 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...
- Oyo withdraws IPO application, opts for private funding at 70% valuation cutHospitality company Oyo has withdrawn its draft IPO papers for the second time, which it had filed in March 2023.
- Paytm Q4 losses tripled; Oyo IPO withdrawnTroubled fintech Paytm reported its first quarterly earnings after the RBI banned its payments bank in January. This and more in today’s ET...
- WhatsApp’s new pricing to hurt small businesses; Byju’s, Meesho hit by valuation cutsSmall and medium enterprises, which are heavily reliant on WhatsApp business messaging to push their products, are worried ahead of a chang...
- Byju’s, Meesho face valuation cuts; electric two-wheeler beneficiaries’ tally under FAME slashedOn Tuesday, BlackRock further marked down the valuation of edtech firm Byju’s, while Fidelity Investments slashed Meesho’s valuation by 10%...
- Oyo restates losses to Rs 2,140 crore for FY22; files fresh IPO docs with SebiOyo reported a 47% growth in its gross bookings value per hotel in Q1FY23 at Rs 3.25 lakh versus Rs 2.21 lakh for FY22.
- Truecaller goes public; CarDekho heads for unicorn clubTruecaller, the Swedish-yet-desi company that changed the way we all use our phones, made its debut on Nasdaq Sweden earlier today with a m...
- Oyo wins, Ravi Shankar Prasad resignsIn today’s ETtech Top 5 newsletter: NCLAT sets aside Oyo insolvency case; Ravi Shankar Prasad resigns as part of cabinet reshuffle; Binance...
- Ritesh Agarwal says the only thing that matters on the journey to success is one's experience with failuresThe 27-yr-old is often asked this question by young founders.
- Company continued to hold on to close to $ 1 bn cash, tracked to runway very closely: Oyo founder Ritesh Agarwal to employeesAgarwal was talking to employees in India, US, Japan, China and other markets in a 'fireside chat' session alongside board member Troy Alst...
- Oyo has $1 billion to fund operations until IPO, CEO tells employeesThe company's focus is on getting revenue per available room to 60% to 80% of pre-pandemic levels across all markets, Oyo founder Ritesh Ag...
- Oyo founder, Ritesh Agarwal, named the youngest Indian billionaire by Hurun
- Masayoshi Son’s real estate bet has some big problemsThe shortfall signals more trouble ahead for SoftBank and one of its most highly touted investments.
- Housing.com enters co-living listing biz; partners OYO, Zolo"We are entering into co-living segment which is a big growth area.We have launched an exclusive section for co-living on our Housing.com, ...
- OYO's expansion isn't the best use of unicorn fundsFounder Ritesh Agarwal has big plans for the startup, which already has 10,000 hotels in 160 Indian cities.
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