Here’s How Much Money Sequoia And Lightspeed Have Made From Ritesh Agarwal’s Buyback Of Oyo’s Shares
There have been all sorts of reactions to Ritesh Agarwal’s $2 billion buyback of Oyo’s shares — while he’s been feted by India’s…
Category: Stories
India’s Equity Investors Can’t Wrap Their Heads Around Oyo CEO Ritesh Agarwal’s $2 Billion Share Buyback
Ritesh Agarwal is currently the toast of India’s startup ecosystem. After having bought back shares worth $2 billion into his startup Oyo Rooms,…
Oyo Rooms Doubles Valuation To $10 Billion After Ritesh Agarwal Buys Back Shares
For a company that wasn’t even worth $1 billion until 10 months ago, the journey to becoming India’s most valuable startup has been…
ShopClues Fires Half Its Workforce, Has Only 200 Employees Left
There was a time when attaining the unicorn tag meant a startup had “made it” — it meant easier access to funds, customers and new employees,…
Amazon Has Launched An IIT JEE Coaching App In India Called JEE Ready
It’s no secret that e-commerce companies in India have been expanding horizontally outside their primary businesses — Flipkart now does flight tickets, and Paytm…
Yatra Acquired For Rs. 2,300 Crore By Atlanta-based Ebix
From being founded in 2006, to be acquired and taken public in 2016, to being acquired once again, Yatra has had quite the…
Tata Sky Is Rolling Out Its Own Unlimited Broadband Services, Possibly To Counter JioGigaFiber
India’s DTH players realize their their business models could be disrupted by the upcoming launch of Reliance JioGigaFiber, but they aren’t going to go down…
Less Two Weeks After Its Announcement, TV Show On Startups Makes Debut On Doordarshan
Startups have become increasingly popular in India over the last few years, and the media has had a part to play —…
How GOQii Founder Vishal Gondal Turned Down Owning 15% Of Oyo Rooms For Rs. 30 Lakh In 2011
Hindsight is 20/20 at the best of times, but it can particularly pinch when you’re a Venture Capitalist and have turned down the…