Funding Friday: Oyo Might Get Listed on Airbnb & Reliance Jio Takes Interest in Conversational AI
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1. Is Oyo getting ready to get listed on Airbnb? Leading the funding game, the Indian unicorn has raised $200 million from the American hospitality giant.
2. Continuing is tryst with interesting startups, Reliance Jio has acquired 87% stake in conversational AI startup Haptik through the strategic investment of $100 million.
3. Is Nykaa next unicorn? Taking a step towards attaining the billion-dollar dream, the beauty startup has raised INR 100 crore from private equity firm TPG Growth.
4. Logistics startups are catching up on the funding race. BlackBuck has received the second instalment of its Series D fundraise taking the round valuation to nearly $80 million.Here's the "news that entrepreneurs can use". Know what's trending in the Indian business world in 60 seconds.