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Snapdeal to buy Housing.com for close to $100 mn

Snapdeal, the online marketplace, is in the final stages of acquiring online real-estate firm Housing.com. The talks for the deal were on since December and the deal could be finalised for $50-$100 million. According to the people familiar to the...

OYO Rooms faces difficulties in closing new round of funding

Due to a slowdown in fundraising environment and competition in Indian online hotel aggregation space, the budget hotel room aggregator, OYO Rooms has lowered its sights. Last November, it had set to raise $400 million but now it is...
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Malabar Group’s Playaza to launch Rs 20 crore FEC in Kochi

The 23,000 sq. ft. outlet will be located at Centre Square Mall, MG Road, Kochi Bengaluru: Retail conglomerate Malabar Group’s...
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