Dharana Capital, an offshoot of Vy Capital, purchased $50 million in secondary shares from Urban Company employees, early investors, and founders as part of a $63 million secondary round. Following the transaction, Dharana’s founder Vamsi Duvvuri will join Urban Company’s board. Urban Company operates in 62 cities and has a network of over 55,000 service professionals.
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ELIVAAS Raises $5 Million in Series A Funding to Expand Luxury Vacation Rentals
ELIVAAS, a Gurugram-based vacation home rental platform, has raised $5 million in its Series A funding round. The
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OYO to Acquire G6 Hospitality for $525 Million in All-Cash Deal
OYO, the Indian-based hospitality giant, has announced a significant move to acquire G6 Hospitality, the company behind the
Infibeam Avenues Set to Launch RediffPay, Joining UPI Market
Infibeam Avenues Limited is set to launch a new payment app, RediffPay, which will place the company in