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Ratan Tata-backed Niki.ai builds chatbot for Federal Bank's mobile app

TMT

23 January, 2018

Ratan Tata-backed Niki.ai builds chatbot for Federal Bank's mobile app

Ratan Tata-backed artificial intelligence firm Niki.ai has tied up with Kerala-headquartered Federal Bank to launch a chatbot-based virtual assistant on ......

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Snapdeal poaches legal head from another SoftBank-backed startup

People

18 January, 2018

Snapdeal poaches legal head from another SoftBank-backed startup

Country’s third largest e-commerce company Snapdeal is set to get a new general counsel to head its legal and regulatory ......

InnoVen's venture debt investments in India rose 25% on record follow-on funding

Finance

12 January, 2018

InnoVen's venture debt investments in India rose 25% on record follow-on funding

Temasek’s venture debt arm InnoVen Capital has recorded a 25% jump in funding in 2017, thanks to the follow-on investments ......

Treebo Hotels' FY17 revenue soars 10-fold, loss widens

TMT

31 October, 2017

Treebo Hotels' FY17 revenue soars 10-fold, loss widens

Hotel aggregator Treebo has reported a 10-fold jump in revenue for the financial year ended March 2017, but its net ......

VCC Startups weekly wrap: Oyo-Zo merger dissolves; Snapdeal's legal woes escalate

TMT

28 October, 2017

VCC Startups weekly wrap: Oyo-Zo merger dissolves; Snapdeal's legal woes escalate

The supposed acquisition of Zo Rooms by online budget hotel aggregator OYO has come undone, according to a statement issued ......

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PE deal of the month: SoftBank leaves little room for doubt with top-up in Oyo

TMT

29 September, 2017

PE deal of the month: SoftBank leaves little room for doubt with top-up in Oyo

Ever since Japanese telecom and Internet conglomerate SoftBank Group Corp raised its mammoth $93 billion Vision Fund in May this ......

Budget hotel marketplace OYO raises $10 mn from China Lodging Group

TMT

13 September, 2017

Budget hotel marketplace OYO raises $10 mn from China Lodging Group

Chinese hotel operator China Lodging Group Ltd has picked up less than 5% stake in budget hotel marketplace OYO Rooms ......

Oyo raises $250 mn in Series D round from SoftBank, Hero promoters & others

TMT

07 September, 2017

Oyo raises $250 mn in Series D round from SoftBank, Hero promoters & others

Branded budget hotels marketplace OYO has raised $250 million (Rs 1,600 crore) in a Series D round of funding led ......

Only 3-4 OTAs will survive in India and two will make money: MakeMyTrip's Kalra

TMT

01 September, 2017

Only 3-4 OTAs will survive in India and two will make money: MakeMyTrip's Kalra

MakeMyTrip Ltd, India’s largest online travel agency (OTA), is focussing on its hotel business to drive revenue and growth. The ......

Budget hotel chain Treebo raises $34 mn in Series C round

TMT

30 August, 2017

Budget hotel chain Treebo raises $34 mn in Series C round

Budget hotel chain Treebo Hotels has raised $34 million (Rs 220 crore) in its Series C funding round led by ......

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