Startup Fixcraft raises $1 mn in pre-Series A round
Fixcraft
Fixcraft, a full stack cloud-garage car servicing startup, has raised $1 million in pre-Series A round in equity led by marquee angel investor and debt- led by Ubiquity Capital.
The round saw participation from startup founders from Indian startup ecosystem Amit Lakhotia (CE0, Park Plus), Dhruv Dhanraj Bahl (COO, BharatPe), Shashvat Nakrani (Co-Founder, BharatPe), Rohit Kapoor (CEO, Oyo India and SEA), Maninder Gulati (Global CSO, Oyo), Deepak Jain (Partner, Bain & Co), Ashish Goel (Founder CEO, UrbanLadder), Akshay Saxena (Co-founder, Avanti Fellows), Anshoo Sharma (Co-founder, MagicPin) Manu Jain (Founder, Carbun8), Sumit Jain (Unacademy) and other prominent startup founders.
Every member will be able to access all CHATT resources and benefits, including participation in year-round programmes, signature business events, access to the travel-tech ecosystem.
Hospitality firm OYO on Thursday said it will cover COVID-19 vaccination cost for all its employees and their family members in India. The employees and their family members in India can choose to get the vaccination done at any centre, convenient to them and the costs would be reimbursed in full by the company, OYO said in a statement. The company has also enhanced the insurance benefit of employees to include a COVID-19 home care cover, it added. The company, however, did not provide any details about the number of employees it has in India. As part of our commitment to keep our employees and their families safe and show our gratitude to them, we are happy to facilitate the cost of their COVID-19 vaccinations, OYO Hotels & Homes Chief Human Resources Officer Dinesh Ramamurthi said.
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Hostel startup Zostel claims victory in 3-year battle, but OYO denies claim
Hostel startup Zostel says it has won against OYO, but the hospitality unicorn has refuted these claims categorically, stating that the Arbitration Tribunal has granted no specific relief to Zostel in terms of receiving ownership in OYO.
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Backpacker hostel startup Zostel Hospitality, which was embroiled in a legal battle with OYO for the last three years after merger talks broke down, on Sunday claimed that it had won against Oravel Stays, which owns and operates hotel chain OYO, and was entitled to get a cost from the hospitality unicorn.