OYO may cut IPO size by 2/3rds

SoftBank-backed hospitality major OYO is planning to reduce the number of shares it aims to sell through public listing because of reduced capital requirements and technology headwinds.......

Why's There Turmoil In The Start-Up World?

The turmoil, if you read the headlines, is about the so-called funding winter.Deep down, though, the question is one of the common direction in which founders and investors need to pull, points out......

ONDC adds 15 more cities, onboards Snapdeal for pan-Indian access

Open Network Digital Commerce (ONDC) has expanded its pilot to 15 more cities. Photograph: Adnan Abidi/Reuters This comes at a time when it plans to begin operations next month. Snapdeal has also......

Start-up lay-offs accelerate on capital crunch worries

Falling valuations, slowing funding rounds and faltering investor sentiment seem to have prompted many start-ups to lay off employees in a bid to conserve cash. Illustration: Dominic......