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Oyo raises $660 million term loan funding from global institutional investors

Oyo raises $660 million term loan funding from global institutional investors
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Abhishek Gupta , Toyo Group , Jp Morgan , Deutsche Bank , Mizuho Securities , அபிஷேக் குப்தா , ஓயோ குழு , ஜ்ப் மோர்கன் , டாய்ச் வங்கி , மீஜுஹோ பத்திரங்கள் ,

Unicorn club Growws


Unicorn club Growws
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Good evening,
Groww, the online investment platform, is the latest Indian startup to hit a $1-billion valuation. That makes it the fourth unicorn this month, and we’re just a week in.
Also in this letter:
Trifecta launches Rs 1,500-crore fund
Apple to enforce new privacy rules for apps
Now, Groww valued at $1 billion
GIF Credit: Tenor
India s startup unicorn club continues to grow, or rather, Groww. While the first three months of 2021 saw four entrants to the coveted club, an identical number of startups have booked the place in just the past week. Online investment platform Groww is the latest member. ....

New Zealand General , New Zealand , Ritesh Agarwal , Shaktikanta Das , York Stock Exchange , Toyo Group , Abhishant Pant Yatra Angel Network , Oyo Hotels , Enterprise Associates , National Company Law Tribunal , New York Stock Exchange , National Electronic Funds Transfer , Tiger Global , Sequoia India , Ribbit Capital , Propel Venture Partners , Infra Market , Five Star Business , Southeast Asia Based Grab , Altimeter Growth , Chiratae Ventures , Pentathlon Ventures , Abhishant Pant , Yatra Angel , Skip Capital , Woodline Partners ,

NCLT admits corporate insolvency proceedings against Oyo's Ahmedabad subsidiary


2 hours ago
The National Company Law Tribunal (NCLT) has admitted Oyo Hotels and Homes Pvt. Ltd. (OHHPL), an Ahmedabad subsidiary of the Oyo Group, under the corporate insolvency resolution process after one of its hotel partners filed a Rs 16 lakh claim against the company.
Rakesh Yadav had moved a petition under Insolvency & Bankruptcy Code to seek compensation on unpaid dues. The owner of a 21-room hotel in Gurgaon, Yadav had entered an exclusive agreement with OHHPL permitting his hotel to be operated under the Oyo brand. However, Yadav is now owed Rs 16 lakhs in dues, since OHHPL started defaulting on payments. ....

Keyur Jagdishbhai Shah , Rakesh Yadav , Ritesh Agarwal , National Company Law Tribunal , Committee Of Creditors Co , Toyo Group , Oyo Hotels , National Company Law Appellate Tribunal , Bankruptcy Code , Bankruptcy Board , கீயர் ஜக்திஷிபை ஷா , ராகேஷ் யாதவ் , ரித்தேஷ் அகர்வால் , தேசிய நிறுவனம் சட்டம் தீர்ப்பாயம் , குழு ஆஃப் கடன் வழங்குநர்கள் இணை , ஓயோ குழு , ஓயோ ஹோட்டல் , தேசிய நிறுவனம் சட்டம் மேல்முறையீடு தீர்ப்பாயம் , திவால்நிலை குறியீடு , திவால்நிலை பலகை ,