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OYO raises money from Didi Chuxing to close $1 bn funding round

TMT

14 February, 2019

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...

SBI may convert some Jet debt into equity; OYO eyes co-working firm Innov8

General

30 January, 2019

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 ......

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Flashback 2018: New-age tech startups make presence felt in year's top PE deals

TMT

31 December, 2018

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 ......

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Flashback 2018: M&As lead $100-bn plus record dealmaking spree; PE-VC funding flat

Finance

24 December, 2018

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, ......

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Fund Scan: Can Lightspeed retain knack for trendspotting as it doubles down on India?

Finance

06 December, 2018

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....

Singapore-based technology firm Grab invests $100 mn in OYO

TMT

05 December, 2018

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...

Tata Sons rejects plan to buy Prabhat Dairy; Go-Jek may back Mobile Premier League

General

03 December, 2018

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 ......

SoftBank Q2 profit soars 78% on Flipkart stake sale, Oyo valuation gain

Finance

05 November, 2018

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 ......

KKR eyes stake in Aadhar Housing; OMERS among suitors for IL&FS road projects

General

18 October, 2018

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...

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Why OYO's billion-dollar fundraise can't hide sustained slowdown in startup funding

TMT

04 October, 2018

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...

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