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OYO Dominates As Startups Tackle India’s Hospitality Gaps

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From Crunchbase News June 2019: Angel investor and entrepreneur Pankaj Jain said no to investing in hotel startup OYO, twice. Subscribe to the Crunchbase Daily Back then, OYO was just the ambitious idea of a 19-year-old entrepreneur, Ritesh Agarwal. Now, it’s India’s hotel startup market leader worth $5 billion, according to some reports. “So I’m basically[…]

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India’s BigBasket Nets $150M As Grocery Delivery Heats Up

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From Crunchbase 5/12/2019: Indian online grocer BigBasket has raised $150 million in a Series F that values the company at over $1 billion, according to various news reports. A group of investors, including South Korea-based Mirae-Naver and China’s Alibaba Group, led the round, which also included participation from London-based CDC Group. (We’ve put in an email to the company to confirm its[…]