MakeMyTrip laid off 350 employees, Group Executive Chairman Deep Kalra informed the impacted employees about the layoff decision in an email sent on Friday. ...

Reportedly, Microsoft has been in discussions with several players in the digital payments services space. With Reliance, Microsoft is interested in buying m...

Oyo announced a certain number of its employees in India will be opting for voluntary leave with limited benefits that will be applicable from May 4. The dev...

Reliance & Facebook are coming together to develop a WeChat like super-app, that can include all the services like digital payments, social media, gaming, fl...

OYO's executive allegedly submitted “invalid” no-objection certificates from about 70 hotels to the Booking.com last week, reportedly done to change the owne...

SugarBox raised Rs 522cr from its existing investor ZEEL, would deploy funds towards operational and financial strengthening of the company SugarBox creates...

Online furniture rental & home decor services startup Furlenco raised $10 million in debt & equity from Lightbox, Dabur's Saket Burman, Kris Gopalakrishnan, ...

Stanza Living is offering accommodation at more flexible contract period & rentals to students & working professionals who are being asked to vacate their ho...

Oyo sent a letter to its vendors & partners stating that with the ongoing Covid-19 pandemic and the nationwide lockdown to counter, there are possibilities o...

OYO offered free accommodations to all medical first responders doctors, versus & others at any OYO Hotel in the US amid the coronavirus pandemic Those on th...

Facebook is in talks to acquire a 10% stake in Reliance Jio, was close to signing a preliminary deal with Jio. However, worldwide travel ban due to coronavir...

Oyo raised $807 mn as part of its $1.5 billion fundraise from SoftBank and RA Hospitality, & has issued 15,325 CCCPS to SVF India Holdings & RA Hospitality H...

OYO is now offering cash to hotels in Japan to join its platform as the coronavirus pandemic increases the demand for rooms ahead of the 2020 Tokyo Olympics....

OYO Hotels would be laying off 5,000 employees from its global workforces, mostly form China where the coronavirus outbreak has foiled Oyo's expansion plans....

Home-rental startup NestAway acquired Bengaluru-based apartment management & security solution ApnaComplex, post-acquisition, ApnaComplex will retain its bra...

Post layoffs in India & China, OYO has now laid off over one-third of its employees in the US. A Skift report said that this week OYO has laid off around 360...

UrbanClap has announced that it will now be called Urban Company, also rebranding its various verticals & making them sub-brands of Urban Company. Home Beaut...

Embassy Group entering the Coliving space with an investment of INR 1000 Cr by 2021, under a separate firm called Olive. Will launch its first experiential c...

Oyo Hotels has let go of 5% of its 12,000 employees in China partly due to non-performance, while dismissing 12% of its 10,000 staff in India, one of the peo...