Services
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Opportunity India Desk Aug 14, 2019 - 1 min readOla has acqui-hired Pikup.ai, an artificial intelligence (AI) startup based out of Bangalore. Under the deal, the team at pikup.ai will be joining Ola. Pikup.ai was co-founded by Inder Singh and Ritwik Saikia. It uses autonomous technologies such as AI, computer vision and sensor fusion to offer seamless AI-powered solutions for businesses. The ride hailing ...
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Opportunity India Desk Aug 09, 2019 - 1 min readOyo Hotels and Homes now has more than 100 hotels operating under its banner across 25 cities and towns in the UK, just 10 months after launching in the country. The rapidly growing company has passed Intercontinental Hotels Group as the world’s third largest hotel chain in terms of room count. The company’s over 60 of ...
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Opportunity India Desk Aug 08, 2019 - 1 min readOYO Hotels and Homes has roped in Mandar Vaidya as the Chief Executive Officer for Southeast Asia and the Middle East, effective August 1, 2019. This appointment is in line with the company’s ongoing focus to drive accelerated growth in two of its high potential markets, Southeast Asia and the Middle East. With more than 15 years of ...
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Opportunity India Desk Aug 06, 2019 - 1 min readSouth Asia’s largest hospitality company, The Indian Hotels Company Limited (IHCL), has signed a new Taj hotel in Dehradun, Uttarakhand. This is the fifth IHCL branded hotel in the state of Uttarakhand. Puneet Chhatwal, Managing Director and Chief Executive Officer, IHCL, said, “This signing is in line with Aspiration 2022 and its strategy of being present in ...
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Opportunity India Desk Aug 02, 2019 - 1 min readRide-hailing firm Ola has launched services in Queensland’s Sunshine Coast district, further expanding operations in Australia. The Bengaluru-based company has chosen Sunshine Coast due to the bustling tourism industry. Initially, Ola had launched its services in Australia in March last year with Sydney. Ola said in a statement, “Having been present in Australia's most populous ...
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Opportunity India Desk Aug 02, 2019 - 1 min readOYO Hotels and Homes has introduced a "Partner Privilege Program" for its more than 10,000 asset owners across over 300 cities in India. The new programme is part of OYO’s Partner Engagement Network (OPEN) launched in April 2019. The company said in a statement, “The Partner Privilege Program will provide exclusive benefits and opportunities to OYO ...
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Opportunity India Desk Aug 01, 2019 - 1 min readOYO is planning to bring its popular offering to Southeast Asia, with an aim to launch a swathe of new hotels in Vietnam by the end of 2020. Recently, the hospitality firm pumped $300 million into growing the US arm of their business, bolstering both their western and eastern shore of the respective hospitality markets. ...
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Opportunity India Desk Aug 01, 2019 - 2 min readThe Indian Hotels Company Limited (IHCL), South Asia’s largest hospitality company, and Swiss institution Les Roches Global Hospitality Education, ranked number 3 of the world’s top institutions for hospitality management by the QS World University Rankings 2019, are joining forces to address the prevalent skills gap and prepare the next generation of leaders to support ...
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Opportunity India Desk Jul 29, 2019 - 1 min readOYO Hotels & Homes will offer its services in six tier-II cities of Tamil Nadu to strengthen its presence. The company gets maximum bookings from Chennai and Coimbatore. The hospitality firm is poised to foray into Tirunelveli, Salem, Velankanni, Kancheepuram, Yelagiri and Tiruchendur. Aditya Ghosh, CEO, OYO India and South Asia, said, “Supported by OYO’s ...
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Opportunity India Desk Jul 20, 2019 - 2 min readRitesh Agarwal, Founder and Chief Executive Officer of Oyo Hotels and Homes, has purchased $2 billion in shares from venture capital firms Sequoia Capital and Lightspeed Venture Partners. This transaction has taken up Agarwal’s stake in OYO from nearly 10% to 30%. After the buyback of $2 billion shares, the fast-growing Indian hospitality chain OYO has garnered a valuation ...