Oyo Hotels & Homes, which is preparing to file a draft prospectus for a $1-$1.2 billion initial public offering (IPO),has a legal hurdle ahead that is being posed by once rival Zostel (Zo Rooms) over a botched acquisition deal, which is due to come up for a court hearing on Wednesday. Hospitality startup Zo — … Read more
OYO’s travel data shows January 2020 (pre-covid) as being the most travelled month this year, followed by most cancellations in April 2020 due to the pandemic related lockdown. Indians love to travel and it’s no big surprise that India has even topped the travel charts as the most booked country! Meanwhile Delhi has been topping … Read more
Smartworks had thought of itself as a disruptor so it was caught unawares, much like the rest of the world, by the large-scale disruption the Covid-19 outbreak introduced. The provider of coworking spaces had expanded operations to nine cities since it was established in 2016. It was also getting a boost from the startup and … Read more