Gurugram

OYO Switches From Hotel Aggregation To Franchise Model

Gurugram-dependent hospitality startup OYO has shifted its business enterprise model from hotel aggregation to franchise. OYO now runs pure-perform franchise business enterprise allowing hotel partners to operate below the OYO makes. SoftBank-backed OYO experienced introduced franchise model in May possibly past year. “In the past two several years, we have progressed our business enterprise to 100%…

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Online Insurance Aggregator PolicyBazaar Eyes $1.5 Bn Valuation In IPO

Gurugram-based online insurance plan aggregator PolicyBazaar, alongside with its lending system Paisabazaar, is checking out IPO prospective customers, and is arranging for the community listing by following calendar year. The organization aims to raise its benefit from the existing $500 Mn to $1.5 Bn through the IPO, stories TOI Started by Alok Bansal and Yashish Dahiya…

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Emami Backs Men’s Grooming Startup The Man Company

Kolkata-headquartered FMCG company Emami has invested an undisclosed quantity of funding in Helios Life-style, which owns and operates men’s grooming platform, The Man Organization (TMC). As aspect of the deal, Emami will be obtaining 30% equity stake in the Gurugram-primarily based startup. With the acquisition of stake, which is envisioned to be finalised by December…

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Food Delivery Platform foodpanda India Claims 64% Jump In Revenue

foodpanda India, the on the web marketplace for meals shipping has claimed revenues of $9.6 Mn (INR 62.16 Cr) in FY 16-17, a 64% soar about the before $5.87 Mn (INR 37.81 Cr) in FY 15-16. The organization has credited sturdy growth for the year to the success obtained in its important marketplaces. Owned by…

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Ahoy, Startups! GSF Accelerator Invites Applications For Its Sixth Batch

Gurugram-centered GSF Accelerator has introduced the start of its sixth batch and is now inviting apps from tech startups throughout the nation. As aspect of the programme, which will start in December 2017, GSF would be investing $200K every single in 5 chosen startups. Apart from this, the startup accelerator has committed an added $1…

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