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Saturday, November 28, 2020
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Tag: OYO

Lightspeed raises $275 million fund for India

Lightspeed India Partners on Tuesday announced it has closed $275 million from LPs for its third fund as the top American venture firm looks...

Oyo’s Ritesh Agarwal checks in to Bharat’s early-stage startup ecosystem with Venture Catalysts

To further boost India’s growing startup ecosystem and young entrepreneurs, Ritesh Agarwal will step in as an advisor and work closely with the country’s...

Hospitality Has Changed In the Post-COVID Era. Will This Change Stay Forever?

Even though the hospitality industry has reopened and has started functioning limitedly, there are a host of changes that have been observed. It would...

OYO to restore full salaries of employees in India and South Asia

Hospitality unicorn OYO Hotels and Homes has announced that the company will be restoring the full salaries of its entrepreneurs in India and South...

How Paytm’s Rs 250 Cr ESOP policy will help the fintech giant drive growth

In an effort to help employees stay motivated in the pandemic-ridden world, several top Indian startups such as OYO, Paytm, Zomato, and Grofers, over the...

How Startups Like OYO Will Continue To Lose Its Business & End In Tragic Death Even After Lockdown

Coronavirus has brought the SME and Startup sector of India to its knees. Indian startup Ecosystem which is the third-largest in the world has...

OYO announces ESOPs worth ₹130 crore for employees

OYO is now granting employee stock ownership plans worth a total of around INR 130 crore to all its furloughed employees impacted by the...

Oyo Rooms Announced A 25 Percent Reduction In Employee Salaries

The lockdown continues in India to prevent the outbreak of the coronavirus epidemic. This has broken the backbone of the hotel industry. In this...

India’s Oyo furloughs thousands of employees as revenue drops by over 50%

Oyo has placed thousands of employees on leave and furloughs for up to three months in the U.S. and several other markets as the...

Oyo to cut about 5,000 jobs in broad overhaul

OYO Hotels is cutting its global workforce by around 5000 to 25000 people, with the deepest reductions in China after business there crumbled in...
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India’s GDP Shrinks by 7.5 %, The Worst In Decades!

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The surprise resilience shown by the manufacturing sector that restricted GDP contraction to only 7.5 per cent in September quarter could be a result...

Petrol price crosses Rs 82-mark, diesel above Rs 72 a litre

Petrol price on Saturday crossed Rs 82-mark in Delhi and diesel surpassed Rs 72 a litre after eighth increase in rates in past nine...

PM reviews vaccine work in Ahmedabad, Hyderabad and Pune

Prime Minister Narendra Modi on Saturday visited Ahmedabad, Hyderabad and Pune to review coronavirus vaccine development work there. The Prime Minister's Office (PMO) said the...