#16 Oct: What All Happened Today In The Indian Startup Ecosystem Today
➤ “OYO has no plans for an IPO because we are focused on execution” said Ritesh Agarwal, Founder and CEO, OYO.
➤ Uber India layoffs 10% of company’s global downsizing spree.
➤ Swedish furnishing retailer IKEA, is now looking to expand in Tier 2 cities.
➤ Chennai-based water management startup closes seed round with $2 Mn.
➤ CBSE to school grade 8, 9 students on AI basics with Intel tie-up.
➤ About 50 hoteliers protested at OYO’s head office in Patna.
➤ Plastic industry faces huge losses, demands clarity on single-use plastic ban.
➤ Tiger Global, Sequoia India lead $7.5 Mn series a in UrbanPiper.
➤ Nazara to invest INR 83.5 Cr in edtech startup for pre-schoolers.
➤ Chinese company Whale Cloud unveils 5g operation map for India.
For more updates, visit- http://bit.ly/33Atyt9