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OYO acquires Copenhagen-based data science company Danamica

TMT

03 September, 2019

OYO acquires Copenhagen-based data science company Danamica

OYO Hotels & Homes has acquired Danamica, a Copenhagen-based data science company which specialises in dynamic pricing, the Indian company ......

Ritesh Agarwal to triple stake in SoftBank-backed OYO for $2 bn

TMT

19 July, 2019

Ritesh Agarwal to triple stake in SoftBank-backed OYO for $2 bn

OYO Hotels & Homes founder and chief executive Ritesh Agarwal on Friday said he will deploy $2 billion (Rs 13,763 ......

Lemon Tree to buy Keys Hotels for $68 mn, get more capital from Dutch pension fund

Consumer

01 July, 2019

Lemon Tree to buy Keys Hotels for $68 mn, get more capital from Dutch pension fund

Lemon Tree Hotels Ltd, which operates an eponymous mid-range hotel chain, is acquiring Keys Hotels for Rs 471 crore ($68.2 ......

TA Associates-backed RateGain acquires digital marketing firm BCV

TMT

18 June, 2019

TA Associates-backed RateGain acquires digital marketing firm BCV

Indian software-as-a-service company RateGain IT Solutions Pvt. Ltd has acquired US-based digital marketing provider BCV to expand its offerings in ......

Hospitality firm V Resorts raises Series A capital from HNIs, existing investors

TMT

08 April, 2019

Hospitality firm V Resorts raises Series A capital from HNIs, existing investors

New Delhi-based Bliss Inns Pvt. Ltd, which runs an asset-light resort management company under the brand name V Resorts, has ......

Airbnb bets on OYO in Series E round

TMT

01 April, 2019

Airbnb bets on OYO in Series E round

San Francisco-based home-sharing marketplace Airbnb has invested an undisclosed sum in SoftBank-backed budget hospitality chain OYO. Airbnb said in a statement ......

Premium
Policy Tracker: Tourists are flocking to India, but that's not the whole story

Consumer

22 March, 2019

Policy Tracker: Tourists are flocking to India, but that's not the whole story

Earlier this week, Canada’s Brookfield Asset Management Inc. announced that it was acquiring Hotel Leelaventure Ltd’s luxury hotels for $576 ......

JLL India hires Oberoi Group exec to head hotels and hospitality biz

Infrastructure

13 November, 2018

JLL India hires Oberoi Group exec to head hotels and hospitality biz

JLL India, the local arm of global real estate consultancy JLL, has appointed Jaideep Dang as the managing director of ......

Bharat Hotels, PE-backed Spandana Spoorthy get SEBI nod to float IPO

Finance

17 October, 2018

Bharat Hotels, PE-backed Spandana Spoorthy get SEBI nod to float IPO

Bharat Hotels, which operates five-star properties under the LaLiT brand, and private equity investors-backed microfinance lender Spandana Spoorthy Financial Ltd ......

Piramal Capital invests $95 mn in Goldman Sachs-backed SAMHI Group's hotels

Infrastructure

23 July, 2018

Piramal Capital invests $95 mn in Goldman Sachs-backed SAMHI Group's hotels

Piramal Capital & Housing Finance Ltd (PCHFL), a wholly-owned subsidiary of the diversified Piramal Enterprises Ltd, said on Monday that ......