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Ritesh Agarwal

SoftBank's Masayoshi Son says Japan lacks investment opportunities, lagging in AI race

Finance

18 July, 2019

SoftBank's Masayoshi Son says Japan lacks investment opportunities, lagging in AI race

SoftBank Group Corp founder and Chief Executive Masayoshi Son said on Thursday that there is a dearth of investment opportunities ......

Grapevine: KKR, Baring PE Asia front runners for CitiusTech; OYO founder plans buyback

General

08 July, 2019

Grapevine: KKR, Baring PE Asia front runners for CitiusTech; OYO founder plans buyback

Private equity major KKR and Baring Private Equity Asia have emerged as frontrunners for a controlling stake in Mumbai-based healthcare ......

Grapevine: OYO standstill clause looms for SoftBank; Dewan Housing sells DHFL House

General

05 July, 2019

Grapevine: OYO standstill clause looms for SoftBank; Dewan Housing sells DHFL House

OYO Hotels and Homes founder Ritesh Agarwal and largest minority investors Lightspeed Venture Partners and Sequoia Capital India have put ......

SoftBank-backed OYO buys @Leisure Group in biggest overseas deal by an Indian startup

TMT

01 May, 2019

SoftBank-backed OYO buys @Leisure Group in biggest overseas deal by an Indian startup

OYO has acquired a majority stake in European vacation rental company @Leisure Group from German media house Axel Springer SE, ......

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 ......

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 Didi ......

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 company Grab ......

SoftBank fund, Sequoia & others to pump $1 bn into OYO

TMT

25 September, 2018

SoftBank fund, Sequoia & others to pump $1 bn into OYO

Budget hospitality chain OYO said on Tuesday it will raise $1 billion (around Rs 7,300 crore at current exchange rates) ......

SoftBank-backed OYO seals third buyout, acquires Weddingz.in

TMT

13 August, 2018

SoftBank-backed OYO seals third buyout, acquires Weddingz.in

Budget hospitality chain OYO has acquired Mumbai-based Weddingz.in, an online marketplace for wedding venues and vendors, for an undisclosed sum, ......

SoftBank-backed OYO buys AblePlus in second takeover deal

TMT

10 July, 2018

SoftBank-backed OYO buys AblePlus in second takeover deal

Budget hospitality chain OYO has bought Mumbai-based Internet of Things (IoT) technology company AblePlus Solutions Pvt. Ltd to bolster its ......