Ritesh Agarwal, Founder and Group CEO of OYO, said, “We will be doing all that we can to ensure that most of the people we are having to let go, are gainfully employed. Every member of the OYO team and I myself will proactively endorse the strength of each of these employees."
PUNE, India, June 10, 2022 /PRNewswire/ Gaming startup Jetapult, the first of its kind Invest & Operate (I&O) model for game studios in emerging markets, comes out of stealth with an acquisition of a game studio from India. Jetapultwill focus on acquiring and scaling revenue-generating Indie game development studios across emerging markets like India, South-East Asia, Middle East, South America as well as Australia, and New Zealand to fill a dearth of long-term smart capital in the industry. Moreover, the start-up will create and grow an exciting roster of gaming companies commercially from a local market setting to an international perspective for scientific and sustainable scale. Jetapult will be led by Sharan Tulsiani, whose previous experience includes leading Gaming at Google Play Asia - India and ANZ markets, along with their renowned Indie Games Accelerator (IGA). Apart from Tulsiani, Jetapult's team also features Yash Baid and Mangesh Anaokar. While Yash was previ