Apollo Tyres has closed its doorstep car service, Trumigo, just six months post-launch due to lack of market traction. Nearly 100 employees, including 75 ground staff, were laid off without full severance pay. Launched in Gurugram with expansion plans, Trumigo’s website has been non-functional for days amid ongoing financial audits.
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ELIVAAS Raises $5 Million in Series A Funding to Boost Vacation Rental Platform
ELIVAAS, a Gurugram-based vacation home rental platform, has successfully raised $5 million in its Series A funding round.
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