Oyo reveals plans for China after establishing presence in 26 cities


Founded in 2013, Oyo operates in more than 150 cities across India, China, Malaysia and Nepal.

Naspers, Russia’s DST lead $210m funding in Indian food ordering startup Swiggy

Chinese internet firm Meituan-Dianping has also invested in the latest round.

Fintech startup Drip Capital raises $15m from Accel, Sequoia and Wing VC

The California-based fintech startup plans to scale up operations in India and replicate the model in other geographies.

Actis begins raising $750m fund to buy StanChart PE’s Asia realty portfolio: Report

In March, StanChart PE reached a provisional agreement to sell its real estate investment unit to Actis, part of the British government’s development arm CDC.

India-focused Samara Capital plans to launch $550m buyout fund: Report

The PE firm plans to deploy major portion of the fund for buyout and control transactions.

Sequoia-backed education startup Byju’s targets $205m revenue this year

Byju’s also claims it is one of the few Indian unicorns that has become profitable within a very short period of time since it launched its learning app in 2015.

Home decor startup Livspace in talks with Verlinvest, Ratan Tata’s fund to raise $50m

Livspace counts Bessemer Venture Partners, Helion Venture Partners, Jungle Ventures and Square among its backers.

India: Security solutions firm CP Plus in talks with PEs to raise $100m

The company has hired investment bank Avendus Capital to help raise the funds by selling a significant minority stake

India: Firstcry revives talks with Temasek, approaches Tencent, too, for up to $150m funding

Firstcry held funding talks with Temasek last year but the discussions cooled because of differences over valuation.

Indian real estate, hotel companies queue up to tap equity markets after years

Recently, Lodha Developers Ltd filed its draft prospectus for an IPO to raise Rs 3,750 crore in primary capital.