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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.24 Dec, 2024, 08.03 AM IST- 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 ...25 Oct, 2024, 07.32 AM IST
- Peak XV downsizes $2.85 billion fund; Paytm’s employee costs go upHappy Wednesday! Peak XV Partners, formerly Sequoia Capital India, is cutting down the size of its 2022 fund by 16%. This and more in today...02 Oct, 2024, 09.20 AM IST
- 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 5.21 Jun, 2024, 09.54 PM IST
- 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...17 Jun, 2024, 07.24 AM IST
- Oyo witnesses 167% rise in bookings for long weekendAs per the booking trends, spiritual and pilgrimage destinations are witnessing high demand, indicating a shift towards prioritising spirit...06 Apr, 2023, 05.36 PM IST
- Indian startup IPO plans get redrawn amid tech turbulence; SVB sold to First Citizens BankAs the so-called funding winter continues, Indian startups like Oyo and Mamaearth are redrawing their Initial Public Offering (IPO) plan. T...27 Mar, 2023, 08.02 PM IST
- 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...08 Oct, 2021, 07.37 PM IST
- Oyo’s IPO filing; Facebook official grilled in US senateOyo Hotels & Homes, India’s third-highest-valued private startup, has filed its draft IPO papers with the capital markets regulator. It see...01 Oct, 2021, 07.48 PM IST
- Startups, led by Zomato, are feeding India’s $8.8-bn IPO frenzy this yearThe Zomato IPO opened people’s eyes to India and the pathways to listings by privately funded, homegrown unicorns—from Paytm to Byju’s and ...19 Aug, 2021, 08.57 PM IST
- 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...01 Dec, 2020, 08.28 PM IST
- SoftBank dispatches senior executives to turn around struggling OyoOyo has been among the hardest-hit in SoftBank’s global portfolio of sharing economy outfits. It slashed its regional presence in Japan by ...19 Aug, 2020, 10.52 AM IST
- Oyo is slashing footprint and headcount in virus-hit JapanThe company’s expansion proved overly aggressive and it was scaling back even before the coronavirus outbreak, slashing staff in China by a...07 Jul, 2020, 08.51 AM IST
- 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.17 Feb, 2020, 07.05 PM IST
- 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, ...20 Jan, 2020, 04.08 PM IST
- Layoffs at unicorn club set tone for tougher 2020Quikr has laid off close to 1,000 employees, which is about a third of its total 3,000 workforce over the last few weeks, said a source, ev...23 Dec, 2019, 09.12 AM IST
- 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.27 Sep, 2018, 02.54 PM IST
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