Latest News
OYO Flourishes Its Hospitality Business In China
India’s largest operating hotel chain OYO Rooms, is now expanding its business in the hospitality industry in China. The company which is owned and operated by Oravel Stays Pvt., Ltd., subsists more than 11,000 rooms across 26 Chinese cities including Hangzhou, Xian, Nanjing, Guangzhou, Chengdu, Shenzhen, Xiamen and Kunming. Lately, OYO has been busy investigating new growth opportunities and boom! The expansion of the hotel budget aggregator in one of the fastest developing countries China is one big achievement for the homegrown startup.
The young lad who is the founder and CEO of OYO, Ritesh Agarwal said, after our successful overseas expansion and operations in Malaysia and Nepal, we are thrilled to offer OYO hotels’ hassle free and standardized stay experience to guests in China.
The company has been growing exponentially and it claims around 100,000 rooms in India. Ritesh added, the expansion is in line with our mission of creating beautiful living spaces by empowering hotel owners to become better hospitality players while ensuring an end to end controlled experience for our guests. Apart from the newest China, OYO’s foreign market presence includes Dubai, Malaysia and Nepal.
Another fascinating news for OYO is that the well known investor SoftBank Group is keen on doubling its investment in the budget hotel aggregator. SoftBank has been part of four funding rounds worth $ 512 million in OYO, since August 2015. Recently, the Chairman and Chief Executive, Masayoshi Son of SoftBank, called OYO Hotels a ‘next generation hotel company using the internet service’. Mr. Son also revealed his plans to support OYO Hotels in its foray into China through a joint venture.
OYO was founded in the year 2013 by Ritesh Agarwal who was a teenager then. He also happens to be a Thiel Fellow who got the idea for the business after a not so satisfying experience of staying in budget hotels in India. The hotel budget aggregator provides various convenient services to the customers that include bringing the long tail of small hotels online to generate bookings by ensuring minimum standards for travellers such as hot water, clean towels, linen and internet services.
The company would soon enter the unicorn club when it would raise fundings in the next round of capital. A unicorn startup is valued at $ 1 billion or more! At present, OYO is valued at around $ 260 million.
With its latest diversification, OYO is definitely aiming high!
Latest News
₹290 Crore Boost: Rozana’s Series B Funding Scales Rural Retail Network Nationwide
Rozana, India’s leading rural retail platform, has secured ₹290 crore ($35 million) in a Series B funding round led by Bertelsmann India Investments (BII), with participation from Omidyar Network India, Vivid Capital, and Tana Investment Holding. This Rozana funding brings its total capital to over ₹500 crore, fueling hyperlocal expansion in underserved rural markets. Founded in 2021 by brothers Prashant and Prateek Chauhan, the startup’s phygital model blends micro-stores, app-based ordering, and last-mile delivery to connect 5 million+ users in 12 states with brands like ITC and HUL.
The ₹290 crore investment will supercharge Rozana’s rural omnichannel retail strategy, targeting 5x growth in 18 months. Plans include adding 5,000 micro-stores in Uttar Pradesh, Bihar, and Rajasthan; AI-powered inventory tech; and new categories like groceries and electronics. By empowering 20,000+ rural micro-entrepreneurs, Rozana taps into India’s $700 billion rural retail boom, where smartphone penetration and UPI drive 12% annual growth.
This Rozana Series B milestone positions it as a frontrunner against rivals like Ninjacart, eyeing unicorn status by 2028 amid ONDC tailwinds. CEO Prashant Chauhan emphasized, “We’re building rural prosperity through accessible premium brands.” For more on Rozana funding news and rural retail trends, stay updated on India’s startup ecosystem.
Latest News
Peak XV New Funds: $1.3B Commitment for India Startup Surge 2026
Peak XV Partners has launched three new funds totaling $1.3 billion, targeting India’s booming startup ecosystem. The lineup features the $600M Surge fund (8th edition) for early-stage ventures, a $300M Growth Fund for Series B+ scaling, and a $400M Acceleration Fund for rapid portfolio expansion. This commitment arrives as India’s VC inflows rebound, with AI and fintech leading 2026 trends.
These funds build on Peak XV’s legacy of backing unicorns like Zomato and Pine Labs, offering founders capital plus strategic guidance amid post-winter recovery. Early-stage deals surged 20% last year per Tracxn, positioning Peak XV to fuel the next wave of innovation in SaaS, climate tech, and consumer plays.
For startups eyeing Peak XV new funds or Surge fund 2026 applications, this signals prime opportunities. Investors and marketers should watch for deployment updates India remains a global VC hotspot.
Latest News
D2C Brand Neeman’s Raises $4 Million for Tier 2/3 Store Expansion & Eco-Friendly Shoes
Hyderabad, January 13, 2026 Neeman’s, India’s leading D2C footwear brand famed for sustainable shoes and patented PIXLL® technology, has raised $4 million from existing investors. This funding boosts its cumulative capital past $10 million since 2015, with a post-money valuation nearing $50 million. CEO Vijay Chahoria emphasized offline retail as the “next frontier,” planning 50+ new stores in Tier 2/3 cities like Jaipur and Lucknow to blend eco-friendly innovation with hands-on customer experiences.
In India’s booming D2C ecosystem where footwear sales hit ₹1.2 lakh crore in 2025 Neeman’s targets hybrid retail amid high online CAC and 25-30% returns. Backed by vegan, machine-washable shoes priced ₹2,000-4,000, the brand leverages PIXLL® (5x more breathable than leather) for carbon-neutral comfort. Recent 5x revenue growth to ₹100 crore ARR, 1M+ pairs sold via Myntra and stores, and awards at India D2C Summit 2025 position it ahead of rivals like Paaduks.
Neeman’s offline expansion India eyes the $15B sustainable footwear market by 2028, fueled by PLI schemes, Gen Z’s 70% eco-preference (Nielsen), and Southeast Asia exports. Challenges like real estate costs are offset by data-driven inventory and omnichannel QR tech. Watch for Q1 2026 launches in Hyderabad and Bengaluru redefining D2C success through authentic, “Wear the Change” branding.

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