Business News
Oyo Files Updated DRHP to Raise INR 6,650 Cr: Key Things to Know
Oyo’s IPO features a fresh issue of equity shares worth up to Rs 6,650 crore and no offer for sale (OFS).
OYO
Business News
Meet the Indicorns: 202 Startups That Scaled with Profitability
Focusing on the sectoral trends, Fintech (50 startups), E-commerce (16), and Logistics (13) are leading India's profit-first growth. Regionally, Delhi NCR emerged at the top with 51 Indicorns, followed by Bengaluru (42) and Mumbai (35).
Business News
PALMONAS Raises INR 1.26 Cr from Namita Thapar & Ritesh Agarwal; Shraddha Kapoor Joins as Co-founder
With the fresh funds, PALMONAS aims to expand offline retail with exclusive stores in major cities and enter global markets like the US, Middle East, and Southeast Asia, while investing in AI-driven personalised jewelry recommendations.
Business News
BorderPlus Secures INR 60 Cr Funding Led by Owl Ventures
The round also saw participation from prominent entrepreneurs, including Flipkart Co-Founder Binny Bansal, CaratLane's former CEO Mithun Sacheti, OYO CEO Ritesh Agarwal, Sparkl Edventure's Aakash Chaudhary, and Apoorva Patni.
Business News
Mankind Pharma, Gauri Khan, and Others Lead Innov8’s INR 110 Cr Funding Round
The funding issue was oversubscribed by 2.7 times and facilitated by InCred, with the company being valued at INR 1,000 crore (around USD 120 million).
Business News
Investor Highlights: The Biggest Startup Funding Stories This Week (Jan 03–10)
This week saw significant funding activity across diverse sectors, from digital healthcare to AI-driven physical security. Here are the standout funding deals that caught the spotlight:
Business News
Hospitality Major Oyo Raises USD 65 Mn for Global Expansion and Strategic Growth
Oyo plans to deploy the funds towards global expansion, including potential acquisitions, strengthening business strategies, and other corporate initiatives.
Business News
OYO Expands Global Footprint with USD 525 Mn Acquisition of G6 Hospitality
The acquisition adds approximately 1,500 franchised hotels across the US and Canada to OYO's portfolio, positioning the company as a formidable player in the region.
Business News
Lenskart Appoints Abhishek Gupta as New CFO, Succeeding Mukti Hariharan
Gupta brings a wealth of experience from his nine-year tenure at OYO, where he played a pivotal role in fundraising, managing investor relations, and overseeing business partnerships.
Business News
BlackSoil Strengthens Alternative Credit Portfolio with INR 233 Cr Disbursal in Q2FY25
BlackSoil disbursed INR 233 crore funds across 11 companies in Q2FY25, investing in financial institutions, healthcare, logistics, and consumer sectors, with 7 new and 4 repeat investments.
Business News
This Week’s Best Startup Funding: August 10–16
Here is a list of the startups that have raised the most money this week, from August 10 to August 16.
Business News
OYO Secures INR 1,457 Cr in Series G Funding Round
The Series G round had an initial raise of INR 416.85 crore, followed by the additional INR 1,040 crore, concluding the round with substantial backing.
Business News
The Best Startup Funding This Week: June 29–July 5
Here is a list of the startups that have raised the most money this week, from June 29 to July 5.
Business News
OYO Raises USD 50 Mn from InCred Wealth for Expansion Plans
The raised funds will support OYO's growth, global expansion, and enhanced business plans.
Business News
PV Sindhu Joins Wellness Brand Hoop as Investor and Brand Ambassador
This partnership aims to propel Hoop towards becoming India's most loved wellness brand.