Startup Saturday: Swiggy Conspires to Take Over the Foodtech Space But Oyo Plans Ahead

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  1. Acqui-hiring is the new trend. CarDekho.com and Gaadi.com acquihire a Delhi-based car marketplace, Carbiqi to expand its offline and online retail options. 
  2. Swiggy roots to take over India’s food delivery business. The fastest food tech unicorn is in talks to buy out Ubereats for 10 per cent stake in the business.
  3. Rental accommodation unicorn Oyo launches operations in Japan with Oyo Life and appoints Hiro Katsuse as the CEO
  4. Oyo refuses to take its name off the bulletin board. It is reportedly in talks to acquire Bengaluru-based cloud kitchen startup FreshMenu in a deal worth $50 Mn-$60 Mn.

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