Posts Tagged ‘ OYO Rooms ’
Monday, February 20, 2017
Manu P Toms
Global technology leader Microsoft and India’s top e-commerce firm Flipkart have announced a broad collaboration under which, as a first step, the latter will use Microsoft Azure as its exclusive public cloud platform. Microsoft CEO Satya Nadella and Flipkart group CEO Binny Bansal together an...
Bangalore-based accommodation startup Zolo (previously known as Zelo) has raised $5 million in Series A funding led by existing investor Nexus Venture Partners. The funding round also saw participation from venture debt firm Innoven Capital. The company plans to use the raised capital to scale its s...
16 January, 2017 |
By its lofty standards, 2016 was a relatively quiet year for the SoftBank juggernaut. The telecom and Internet conglomerate, which put copious amounts of money in Snapdeal, OYO Rooms and Grofers in the previous year, stayed away from making any fresh investments in India. This uncharacteristic quiet...
29 December, 2016 |
SoftBank Group Corp chairman and managing director Masayoshi Son is coming to India early December when the Japanese telecom and Internet conglomerate is expected to make a few high-profile announcements, said two people directly aware of the upcoming visit. SoftBank is one of the largest investors ...
21 November, 2016 |
Branded budget hotels marketplace OYO Rooms, run by Oravel Stays Pvt. Ltd, has appointed Anil Goel as chief technology officer, according to a press statement. Goel was previously with Amazon as the global head of technology for customer returns and reverse logistic business. Prior to that, he was t...
7 November, 2016 |
Delhi-based Oravel Stays Pvt. Ltd, which runs the branded budget hotels marketplace Oyo Rooms, is raising $90 million (Rs 600 crore) from existing Japanese investor SoftBank Group Corp, according to a report. The Times of India reported that Oyo has already received $61 million and will receive the ...
16 August, 2016 |
Bangalore-based Ruptub Solutions Pvt. Ltd, the operator of online budget hotels aggregator Treebo Hotels, has raised Rs 112 crore ($16.7 million) in its Series B funding round that was led by Bertelsmann India Investments, the strategic investment vehicle of international media company Bertelsmann. ...
22 July, 2016 |
A Mumbai-based hospitality advisory firm has dragged OYO Rooms to court for failing to pay dues while Microsoft has launched an online store on TataCLiQ.com, the Tata Group’s e-commerce website. Here’s a quick roundup of the startup and technology stories of the day. Noesis takes OYO Rooms t...
14 June, 2016 |
SoftBank-backed budget hotel room aggregator OYO Rooms said it has attained profitability at an aggregate level. The firm, which is operated by Gurgaon-based Oravel Stays Pvt. Ltd, claimed that it was operationally profitable until June 2015 before it went for expansion but regained profitability at...
10 May, 2016 |
Talvinder Singh, chief product officer of fashion e-commerce portal Freecultr, has quit the company within six months after joining it. Talvinder, who had joined Freecultr in August 2015, joined budget hotels aggregator OYO Rooms as product head. When contacted by Techcircle, both Talvinder and Free...
13 April, 2016 |