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Skylo raises $103 mn from SoftBank, others

Tech firm Skylo on Tuesday said it has raised $103 million (about ₹730 crore) in funding from SoftBank Group and others.The company, which has rais ...

https://www.thehindubusinessline.com/companies/skylo-raises-103-mn-from-softbank-others/article30618198.ece
Oyo layoffs have hotel partners worried

Several existing hotel partners of Oyo expressed concerns over the job cuts at the SoftBank-backed company and said they had received no... ...

https://economictimes.indiatimes.com/industry/services/hotels-/-restaurants/oyo-layoffs-have-hotel-partners-worried/articleshow/73348921.cms
Indonesian minister says SoftBank offering to invest up to $40 billion in new capital

SoftBank has offered to invest up to $40 billion in the new capital city Indonesia plans to build on Borneo island, a minister said on Friday,... ...

http://feeds.reuters.com/~r/reuters/INbusinessNews/~3/Yah5MeUKuUw/indonesian-minister-says-softbank-offering-to-invest-up-to-40-billion-in-new-capital-idINKBN1ZG1NX
SoftBank's Oyo lays off over 1,000 employees in India amid profit push

SoftBank-backed Oyo Hotels and Homes is laying off hundreds of employees in India, according to a source and an internal memo seen by Reuters, as... ...

http://feeds.reuters.com/~r/reuters/INbusinessNews/~3/MToELgQ91ec/softbanks-oyo-lays-off-over-1000-employees-in-india-amid-profit-push-idINKBN1ZD0WO
Staff first hit as Oyo toes SoftBank's line

ET Bureau | Updated: Jan 14, 2020, 05.45 PM IST BCCL Agarwal did not, however, specify the exact number of staff who would be let go in the... ...

https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/oyo-to-shut-doors-on-2400-indian-staffers-may-let-go-more-in-march/articleshow/73237497.cms

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