OYO Hotels to acquire Amsterdam-based @Leisure Group
The hotels major will acquire @Leisure from Axel Springer, a media and technology company, for nearly €369 million ($416 million).
sequoia capital
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Rajan Anandan to leave Google for Sequoia Capital
Anandan will join Sequoia as managing director and will focus on their startup accelerator programme—Surge.
Zomato revenue triples to $206 mln in FY19
The company said its costs during the year rose more than six-fold to $500 million, compared with $80 million a year ago.
Co-living startups: Where the livin’ is easy
Co-living startups offer shared housing with services like laundry, 24x7 security, and WiFi.And none of the hassles of setting up house from scratch.
OYO Hotels raises $1 billion
With the corpus raised, the company intends to strengthen its market leadership and expand global footprint.
Bike rental startup Metro Bikes raises $12.2 million
The money will be utilised to further scale the company’s network across Bengaluru, invest in technology and ramp up its presence across major cities in India by 2020.
Five Star Business Finance raises $100 million
An NBFC, Five Star lends to small businesses and self-employed individuals.
Shuttl raises $11 mln from Amazon India, others
The funding will help the Gurugram-based company expand its geographical footprint.
Deal book: Wildcraft, Byju’s, Vokal and others
It was an eventful week for the southern city, with companies attracting investors and acquiring niche startups to fuel their businesses.
Drip Capital raises $15 million
Drip Capital provides working capital finance to small and medium-sized enterprises (SMEs) that are engaged in cross-border trade.
