Mugdha Variyar

April 03, 2020 11:55 PM | Hospitality

Coronavirus pandemic: Hoteliers allege foul play as OYO suspends some payments invoking force majeure
OYO has suspended payments for some of its hotel partners by invoking the 'force majeure' clause because of the coronavirus lockdown even as the partners say the move is unfair.
April 03, 2020 10:48 PM | Startup

Co-working sector hit with force majeure and zero revenues, moves to form industry body
What were once bustling, eclectic workspaces are now barren buildings as co-working spaces popular with millennials and startups remain shut under the nationwide lockdown.
April 02, 2020 10:05 PM | Retail

Amazon working on protecting sellers; providing free e-books and audiobooks to customers: Amit Agarwal
Ecommerce giant has announced that it will target to raise Rs 100 crore to help fight the coronavirus pandemic.
April 02, 2020 08:23 PM | Retail

Uber partners with BigBasket to deliver essential supplies at home in these 4 cities
The cab aggregator will extend a mix of services like UberGo, UberXL and UberMOTO to BigBasket apart from sharing its technology and network of delivery partners.
April 02, 2020 08:18 PM | Business

Ex-Flipkart founder Sachin Bansal invests Rs 3,000 crore in Navi Technologies
Sachin Bansal has pumped in more money into Navi Technologies, a company he set up to fund ventures in the financial services sector. Bansal along with Navi founder Ankit Agarwal as well as founders of Chaitanya Rural Finance and other investors have put in a total of Rs 3,226 crore into the company, as per regulatory filings sourced from paper.vc.
April 01, 2020 08:52 PM | Business

Startup ecosystem puts together Rs 100 cr to fight COVID-19
April 01, 2020 02:56 PM | Business

Startup funding falls sharply in March quarter as coronavirus crisis widens
The impact of the coronavirus pandemic has reflected in the startup funding in the March quarter of 2020, with venture capital investment dropping 22 percent in value and 36 percent in volume year-on-year, according to a report from Venture Intelligence.
April 01, 2020 06:25 AM | Healthcare

Oyo in talks with large hotel partners to extend payment timelines: Founder Ritesh Agarwal
Agarwal said that many of Oyo's 20,000 hotel partners in India who had sought loans to run their businesses have been impacted due to corporate payment delays.
March 31, 2020 08:59 PM | Retail

COVID-19 impact: Nykaa suspends operations days after raising Rs 100cr
Beauty products and cosmetics retailer Nykaa has told vendors and partners to expect a delay in payments as the business has been disrupted in the lockdown due to the COVID-19 crisis.
March 31, 2020 07:04 PM | Healthcare

Restaurants, food delivery platforms step forward to feed the hungry
The National Restaurants Association of India and food tech leaders Swiggy and Zomato have all come forward with social initiatives to serve those affected by the COVID-19 crisis in the country.

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