Moulishree Srivastava

Lightspeed Venture Partners and Sequoia Capital held about 13% and 11% stake, respectively in Oyo.

This year saw Asian companies that have been in the country before, announce and expand their presence in India.

Oyo Hotels and Homes is likely to start 2020 at a low note.

There are about 50 online video platforms in India, making it a hyper-competitive market.

While Zomato claims to process 1.2 to 1.3 million orders per day, UberEats, delivers 300,000 to 600,000 orders a day.

If the deal materializes, the Zomato-UberEats entity will emerge as India’s largest food-tech company, leaving Swiggy behind.

The serial entrepreneur is streamlining banking for India's SMEs.

For its next phase of growth, the early-stage startup is targeting large enterprises and Fortune 500 companies.