The Bengaluru-based company will use the funds for scaling up its team and launch more products, it said Tuesday.
Within a span of around one and a half year of operation in China, Oyo Hotels and Rooms has expanded its presence to over 337 cities and 5 lakh rooms
Startup founders, who face long hours, huge workloads and a relentless pursuit of revenue and profitability, have another Key Responsibility Area of sorts — coming up with policies that keep young employees engaged and on their toes. Young CEOs at startups are getting as involved as their HR teams in rolling out initiatives as diverse as ESOP repurchase plans that unlock value to letting employees design their own work hours/places and learning allowances to nap rooms, to keep the workforce hooked and happy.
The companies have agreed on offering other vehicles from Volkswagen’s existing product portfolio in the future.
The company is now working on launching other regional languages over the next few months.
Prime Day will also present Alexa-enabled washing machine from IFB, washing machines by AmazonBasics, Eureka Forbes water Purifier, and Dyson’s handheld vacuum cleaner.
This is a significant move by the Tiger Global- and Sequoia Capital-backed company, which will give its founders Harshil Mathur and Shashank Kumar majority control of their board for every resolution, including removal of or appointing a CEO.
Kapoor, in an interview, says agility is key and failures sometimes are our greatest teachers.
US senators Mark Warner and Josh Hawley plans to introduce a bill that would require big tech companies to disclose to individual users the value of their information.
CureFit closes the round in a mix of equity and debt, with new investors coming on board.
Offer flexible work hours, sabbaticals and nap rooms to create a productive work culture for millennials.
Freshworks is tapping the need for an AI engine that can gather real-time behavioural data while it works across multiple communication channels.
The Microsoft India president said his company's partner organisation played a critical role in making startups enterprise ready and has been evolving its approach from 'partnering to partnership'.
Necessity is the mother of invention. It was certainly true for Vaibhav Jain, Meenal Kaushik and Yasir Khalil, who started a personalised pet wellness service, Cozo, last year after facing difficulties in looking after their furry friends. Vaibhav married Meenal, a pet-loving lawyer, in 2016 and adopted two rescued dogs. From being a single, frequently travelling professional for Uber, he became a pet parent, who was constantly worried about the wellbeing of the dogs. Vaibhav’s friend Yasir, who was also working at Uber, faced similar challenges as he, too, had adopted a dog. When he had to travel, there was no one who could look after it. (Pic: Cozo/Facebook)
The move could resolve many trust-based issues for these startups, but will be challenging to implement, say experts.
Sidbi also had plans to cut the overall timeline for VCs to apply and finally get the capital to invest in startups.
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