Startup

Gurugram Startup ELIVAAS Secures $10 Million to Redefine Luxury Second‑Home Travel — Here’s What’s Next

ELIVAAS Lands $10 Million to Reinvent Luxury Second‑Home Travel A Bold New Chapter Begins Founded in 2023 by travel veterans Ritwik Khare and Karan Miglani, Gurugram‑based ELIVAAS is shaking up the luxury vacation rental scene. In its latest win, the startup has raised $10 million—a capital boost poised to turbocharge its plans to deepen its footprint in both Indian and international…
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Digital MarketingTips & Tutorials

OYO to Invest $10 Million to Boost Digital Presence of G6 Hospitality

In an exciting move to further expand its global presence, OYO, the Indian travel-tech giant led by Ritesh Agarwal, has announced a $10 million investment in the U.S.-based G6 Hospitality, which owns popular hotel chains like Motel 6 and Studio 6. This comes after OYO’s acquisition of G6 Hospitality from Blackstone Real Estate in a $525 million all-cash deal. This strategic investment is set to…
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Startup

AI Travel Agent 30 Sundays Raises $770K – Here’s How They’re Revolutionizing Vacation Planning in Minutes

In a world where personalized travel experiences are in high demand, 30 Sundays is using cutting-edge AI technology to reshape how we plan our vacations. The AI-first travel agency, founded in 2022, has just secured $770,000 in a pre-seed funding round to expand its reach and improve its AI-powered services. Led by InfoEdge Ventures, the round also saw participation from early-stage investors like…
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BusinessNews

Ixigo Acquires Majority Stake in Zoop: A Game-Changer for Train Travel Food Delivery

Exciting News for Train Travelers in India Ixigo, a leading player in India’s travel booking scene, has just made waves by acquiring a 51% stake in Zoop Web Services Private Limited, a popular train food delivery app. This strategic move is set to enhance the dining experience for passengers traveling on Indian railways, making train journeys even more enjoyable. What Is Zoop and Why Is This…
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BusinessNews

OYO Achieves First-Ever Net Profit of ₹229 Crore in FY24

OYO, the IPO-bound travel tech unicorn, has reported its first-ever net profit of ₹229 crore for the financial year ending March 2024, according to its latest annual report. Ritesh Agarwal, the founder of OYO, took to X (formerly Twitter) on Wednesday to celebrate the milestone. He acknowledged that the results surpassed his earlier projection of ₹100 crore for the fiscal year 2023-24. “One…
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