Oyo
TMT
How India's top-funded startups curbed cash burn as VC funding slowed
India’s top-funded startups reduced their average monthly cash burn rate in the financial year ended March 2023, as they reined ......
TMT
Indian startups' income from VC cash lying in bank deposits, mutual funds jumps again
India’s top technology startups generated high non-operating revenue for the second year in a row during the 12 months through ......
TMT
India's top-funded tech startups reined in FY23 losses as revenue growth slowed
India's top-funded technology startups, which went overboard with expenses to attract talent and customers in 2021-22 thanks to record venture ......
General
Grapevine: Carlyle mulls exit from Airtel data centre unit; Oyo may shelve IPO
Private equity firm Carlyle is looking to divest its entire 24% stake in Nxtra Data Ltd, the data centre unit ......
General
Grapevine: Oyo in talks with Apollo Global to refinance loan; Dream11 buys Sixer
Hospitality firm Oyo Hotels and Rooms, operated by Oravel Stays Pvt Ltd, is in discussions with a US-based alternative asset manager to refinance a $660-million loan, a ......
TMT
SoftBank-backed Oyo may get two new investors as IPO wait stretches
Global private equity firms General Atlantic and Norwest Venture Partners are in talks to pick a secondary stake in Oravel ......
Finance
DSG Consumer Partners wraps up fundraising for fourth VC vehicle, meets target
India-focused venture capital firm DSG Consumer Partners has marked the final close of its fourth consumer-oriented fund, a top executive ......
People
Two senior executives check out of IPO-bound Oyo
SoftBank-backed hospitality company Oyo saw two key resignations earlier this year in March 2023, at a time when the company ......
Finance
Upstox backer BlackSoil snags $25 mn in fresh round
Alternative credit platform BlackSoil Capital has raised $25 million (around Rs 205 crore) via bank debt, non-convertible debentures, AIF commitments ......
TMT
Check out India's top cash-guzzling startups
India’s top technology startups spent billions of dollars raised from alternative investment firms in the year through March 2022 in ......
