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CHENNAI, India (AP) — Prime Minister Narendra Modi has wielded near-total control over Indian politics since coming to power 10 years ago, with one exception: He has failed to win over the country’s wealthier southern region. Five states across southern India account for roughly 20% of the country's population and 30% of its economy. They []
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India's Oyo, once valued at $10 billion, seeks new funding at 70% discount
Oyo, the Indian budget-hotel chain startup, is negotiating with investors to raise a new round of funding that could cut the Indian firm’s valuation to $3 billion or lower, three sources familiar with the matter told TechCrunch. The startup is engaging with investors, including Malaysia’s sovereign wealth fund Khazanah, for the new funding, the sources […] © 2024 TechCrunch. All rights reserved. For personal use only.