This allocation is a part of the $600 million OYO had committed last year to its China business.
Russia’s Yandex.Taxi may issue new shares in IPO, says top shareholder
Disney in talks to invest in Indonesia’s MNC Group unit
L Catterton Asia LPs mull third fund’s fate as spin-out triggers key man clause
OYO to set aside $100m for hiring, boosting infrastructure in China
Grab backs $8m Series A round for London-based Splyt Technologies
Myanmar’s Irrawaddy Green Towers on the block as PE investors seek exit
Sieu Viet Group acquires Vietnamese HR platform MyWork
Indonesian coffee startup Kopi Kenangan grabs $20m funding from Sequoia India
Indonesian P2P lender KoinWorks closes $12m Series B funding round
Temasek backs Sembcorp Industries’ $1.1b bond issue
The startup had raised $75 million at over $500 million valuation led by Accel Growth last month.
The company had raised $200 million in FY19 through the external ECB route.
Manulife is picking up a 49% stake in Mahindra Asset Management Company for $35 million.
ConceptOwl will use the funds to enhance and diversify its offerings.
With Acharya resigning before the end of his term, concerns about the independence of the RBI have resurfaced.
The startup has so far raised over $65 million in funding.
TCS is raising its stake in Japanese JV with Mitsubishi Corporation to 66 per cent.
The fund plans to make the investment in several tranches.
This marks the Series A funding round in the privately-held startup Scentials Beautycare & Wellness.
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