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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...- 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 ...
- Oyo withdraws IPO application, opts for private funding at 70% valuation cutHospitality company Oyo has withdrawn its draft IPO papers for the second time, which it had filed in March 2023.
- Shadowfax looks to raise $75-100M; Tata Digital tweaking Neu after glitchesCanada Pension Plan Investment Board (CPPIB) and NewQuest Capital Partners, a fund that specialises in buying secondary stakes, have held t...
- Lights, camera, Activision!This week, Microsoft Corp. agreed to pay a stunning $68.7 billion—all cash—to acquire Activision Blizzard, the company behind blockbuster g...
- Tata in talks to bring Microsoft aboard digital ventureTata Group has held talks with Microsoft to come on board as an anchor investor in Tata Digital, whose super app is still WIP. The conglome...
- 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...
- Exclusive: Zostel's petition in Delhi HC adds a legal twist to Oyo's IPO sagaHospitality startup approaches Delhi High Court to restrain Oyo from modifying its shareholding structure or cap table including by way of ...
- IPO-bound Oyo's legal troubles; UPI booms againA legal challenge from former rival Zostel, relating to a botched acquisition in 2015, threatens to disrupt Oyo's IPO plans.
- Oyo eyes $12-15B IPO valuation; Unacademy gets a breatherOyo is aiming for a valuation of $12-15 billion for its upcoming IPO, in which some investors will sell parts of their holdings. These won’...
- Developments at Tata Digital; ride-hailing firms optimisticOur top story today is a round-up of some interesting and significant developments at Tata Digital -- specifically, its new acquisitions Bi...
- Byju’s to fast-track IPO; Cuemath’s new CEOByju’s, the edtech startup that’s also a fundraising and acquisition machine, plans to raise another $400-600 million before filing for an ...
- Oyo, Microsoft in tie-up for ‘next-gen’ travel and hospitality productsOyo will adopt Microsoft Azure as a “key enabler” to drive cloud-based innovations and the solutions will be geared to benefit patrons who ...
- Welcome to the metaverse; Oyo’s pre-IPO movesLike Zoom calls, food delivery and work from home, the idea of building the “metaverse” has surged in popularity during the pandemic. Orave...
- 25 unicorns in 8 monthsZetwerk has become India’s youngest billion-dollar startup after a $150-million funding round. Microsoft has invested in Oravel Stays ahead...
- Microsoft Corporation invests $5 million in OyoIn July, Oyo had announced raising TLB funding of $660 million (nearly Rs 4,920 crore) from global institutional investors to be utilised f...
- 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.
- Microsoft checks in to OyoMicrosoft has finalised a strategic investment in Softbank-backed Oyo Hotels & Homes.
- TikTok owner doles out bonuses to assuage beleaguered staffByteDance’s move contrasts with belt-tightening across scores of Asian startups from Singapore’s Grab to India’s Oyo. It echoes a handout f...
- PE investments jump 55% to all-time high of USD 24 billion in 2017According to deal tracker Venture Intelligence, the investment value is 39 per cent higher than the previous high of USD 17.1 billion (reco...
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