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Indian startup OYO prepares to launch OYO Homes in Dubai
Reading Time: 2 minutesIndia: Indian hospitality startup OYO will launch OYO Homes in Dubai, which will offer apartments on a short-term rental basis. The UAE is the first international market in which the OYO Homes platform will be launched, and customers will be able to check into apartments on a daily, weekly or monthly basis. Manu Midha, Middle […]
ZoloStays Property Solutions secures $30m in Series B funding round
Reading Time: 2 minutesIndia: Bengaluru-based ZoloStays Property Solutions, the parent company of ZoloStays, has secured $30m in a Series B funding round. The funding round was led by existing investor Nexus Venture Partners, in conjunction with IDFC Alternatives and Mirae Asset. The round is estimated to have pushed up the start-up’s valuation to $100m in total. ZoloStays is […]
Airbnb plans to make inroads in untapped rural regions in India
Reading Time: 2 minutesIndia: Airbnb plans to expand its partnership with state tourism boards and government bodies in India and target untapped rural locations for its platform. The company has been operating in India for three years and it has so far signed memorandums of understanding with the tourism departments of Gujarat, Andhra Pradesh and Maharashtra. It has […]