Oyo
TMT
OYO raises money from Didi Chuxing to close $1 bn funding round
Budget hospitality chain OYO has raised $100 million (Rs 709.4 crore at current exchange rate) from Chinese ride-hailing firm...
General
SBI may convert some Jet debt into equity; OYO eyes co-working firm Innov8
Central government-owned State Bank of India is in negotiations to convert a part of its loans to cash-strapped Jet Airways ......
TMT
Flashback 2018: New-age tech startups make presence felt in year's top PE deals
Dealmaking across private equity and venture capital remained almost flat this year after a record 2017. But if there has ......
Finance
Flashback 2018: M&As lead $100-bn plus record dealmaking spree; PE-VC funding flat
Dealmaking in India hit a record high this year, crossing the milestone of $100 billion for the first time ever, ......
Finance
Fund Scan: Can Lightspeed retain knack for trendspotting as it doubles down on India?
Global venture capital firms started testing the waters of India’s startup ecosystem in the early years of the new millennium....
TMT
Singapore-based technology firm Grab invests $100 mn in OYO
Budget hospitality chain OYO has raised Rs 732 crore ($104 million at current exchange rates) from Singapore-based ride-hailing...
General
Tata Sons rejects plan to buy Prabhat Dairy; Go-Jek may back Mobile Premier League
Tata Global Beverages’ proposal to purchase Prabhat Dairy Ltd for about Rs 400 crore has been rejected by Tata Sons ......
Finance
SoftBank Q2 profit soars 78% on Flipkart stake sale, Oyo valuation gain
SoftBank Group Corp’s profit for the quarter through September jumped 78%, helped by gains from the sale of its stake ......
General
KKR eyes stake in Aadhar Housing; OMERS among suitors for IL&FS road projects
Private equity firm KKR is in preliminary discussions to acquire a controlling stake in Aadhar Housing Finance Ltd, Mint reported. Citing...
TMT
Why OYO's billion-dollar fundraise can't hide sustained slowdown in startup funding
Walmart acquired Flipkart, Paytm became Warren Buffett-led Berkshire Hathaway’s first bet in India, and SoftBank-backed...