NEW DELHI: More than 500 hotels in 100 cities are said to have snapped ties with SoftBank-backed hospitality chain Oyo since April as the relationship has soured after various disputes.

“We are estimating around 500-700 hotels having exited Oyo since April.”The hotels have previously accused Oyo of contract breaches, arbitrary commission rate changes, stoppage of minimum guarantee amounts and threatening legal notices among other things.

“We voluntarily deflate some hotels annually due to quality issues,” an Oyo spokesperson said.

The government is also not helping hoteliers who have invested crores of money.” He cited his hotels as an example of this.

But Oyo manipulates and fluctuates room tariffs on its own which is the biggest issue. | To read full story, visit https://startuparound.com/read/1574490606.6444433/Over-500-hotels-in-100-cities-may-have-checked-out-of-Oyo-since-April?ref=audio_experience

The equity funding amount raised this week was down 20 percent, to $150.7 million, compared to last week’s $189 million.

Delhi-NCR based coworking space startup myHQ raised $1.5 million in its pre-Series A funding round led by India Quotient.

EasyRewardz, the Gurugram-headquartered customer engagement and rewards platform startup, raised a Series B round of funding from Flipkart.

Other dealsOnline grocery startup Grofers raised $20 million in a funding round from Bennett Colemen & Co via warrant issue.

Debt fundingFintech startup Aye Finance raised Rs 125 crore from Dutch entrepreneurial development bank FMO through issuance of non-convertible debentures. | To read full story, visit https://startuparound.com/read/1574488804.789749/[Weekly-funding-roundup]-Startups-raise-$150.7M-in-equity-funding;-venture-debt-amounts-to-$18.5M?ref=audio_experience

We bring to you the latest edition of movers and shakers of the week in the Indian startup ecosystem.

Here’s a look at the other important movers and shakers of the weekOla Appoints Hemant Kaul To Ola Money’s Board of DirectorsCab-aggregator major, Ola has appointed Hemant Kaul to the Board of Directors of its financial services arm, Ola Financial Services (OlaMoney).

Hemant is a veteran in India’s financial services space with over four decades of experience.

As chief product officer, Gupta helped Uber in building many products across the whole stack, from backend platforms to frontend consumer experiences.

Prior to Lendingkart, Aggarwal has worked as national manager, business Loans with Bajaj Finance, managed credit and operations for the fintech division of Bajaj Finserv – Bajaj Finserv Direct Limited. | To read full story, visit https://startuparound.com/read/1574487007.023373/Indian-Startup-Movers-And-Shakers-Of-The-Week-[Nov-18-23]?ref=audio_experience

Their Zero Waste Masterplan is all set to transform Singapore into an economy that reuses resources in a continuous loop.

With this move, the government aims to help the Singapore financial centre in promoting environmentally sustainable projects.

Photo Credit: Monetary Authority of SingaporeThe US$2 billion green investment is expected to foster the growth of a strong and diverse ecosystem of green financing capabilities in Singapore.

MAS’ first investment under the GIP will be a US$100m placement in the Bank for International Settlements (BIS)’ Green Bond Investment Pool (GBIP).

With technological advances, and widespread deployment of technology and green finance, we have a good shot at achieving it,” he concluded. | To read full story, visit https://startuparound.com/read/1574485206.832767/Singapore-announces-a-US$2-billion-green-investments-programme-to-promote-environmentally-sustainable-projects-and-tackle-climate-change?ref=audio_experience

Today, a hybrid business data and digital solutions hub, Business sans Borders (BSB) is facilitating the matching of demand and supply of goods and services between businesses, including SMEs in Singapore, the ASEAN region and beyond.

Leveraging Artificial Intelligence, the hub enables streamlined access to better domestic and cross-border business opportunities for SMEs, strengthen the interoperability between SME ecosystems and drive inclusive growth of the SME ecosystem.

The POC also comprised a sandbox innovation space to identify business problem statements, facilitate access to trade data and inclusion of new services for SMEs.

The first external platform to connect to the BSB Phase One POC system was a key Philippines platform from Union Bank of the Philippines and its FinTech subsidiary UBX.

While this initiative started locally, we are heartened by the strong interest from various parties overseas including trade bodies, SMEs and governments. | To read full story, visit https://startuparound.com/read/1574483405.989998/With-Business-sans-Borders,-a-ground-breaking-public-initiative,-Singapore-is-driving-inclusive-growth-of-SME-ecosystems-in-ASEAN-and-beyond?ref=audio_experience

Alternate digital payments instruments such as digital wallets, the widely-embraced UPI, Bharat QR etc.

And in the present context, soundwave technology has the potential to play a highly instrumental role in the digital payments ecosystem.

Soundwave technology can not only simplify processes and bring about greater security but also humanise the entire payments experience.

For instance, the present landscape in the digital payments ecosystem indicates how it has become more fragmented and cluttered, with further sub-segments and layered processes.

Further, soundwave technology has the potential to address the biggest concern haunting the digital payments ecosystem—data security. | To read full story, visit https://startuparound.com/read/1574481606.0245697/Humanising-Digital-Payments:-The-Next-Big-Thing-In-Payments?ref=audio_experience

In this article you’ll discover how to plan to take your start-up decisively into its next phase of operations, with smart strategies to help you find stability after a period of exciting growth.

There’s a good deal that can be planned for in start-up processes – though there’s also a lot that you’re going to have to make up as you go along.

You may be nostalgic about the days during which your start-up was just a one-person operation, but there’s always going to be a moment when you need staff.

These human resources will help you build your business into a more sustainable and professional guise.

These tips will be of service to start-up entrepreneurs with the guile and the gusto to make their business stick in a complex business environment. | To read full story, visit https://startuparound.com/read/1574479808.5601707/How-To-Take-Your-Start-Up-To-The-Next-Level---Young-Upstarts?ref=audio_experience

Lara DuttaNow, Lara will be slipping into a new role, as a mentor for the contestants who will take part in the 8th edition of Miss Diva competition.

The winners will represent India at Miss Universe 2020.

South Korean boy band, BTSIt’s that time of the year again when the music industry’s biggest event – the nominations for the 62nd Annual Grammy Awards were announced.

But how would you know what ‘not’ to do when following a Keto diet.

A scene from the movie, Ford vs FerrariAre you planning to watch the movie, Ford vs Ferrari? | To read full story, visit https://startuparound.com/read/1574478007.5806625/Best-of-Weekender-–-From-Lara-Dutta-to-Ford-vs-Ferrari,-and-Grammy-Awards-2020?ref=audio_experience

Posted by admin on 11/23/19 • Categorized as OthersGetting a small business off the ground is easier than it has ever been.

In this post, we’ve summarised the top 8 sources of finance for small businesses.

A poor credit score will affect your chances of securing funding through traditional sources.

Compared to traditional loans, the approval process for fast loans is much more tolerant.

You can ask them to become equity investors in your business or you can ask them to extend a business loan. | To read full story, visit https://startuparound.com/read/1574476209.41118/Top-8-Sources-To-Finance-Your-Small-Business---Young-Upstarts?ref=audio_experience

Knowledge of Adobe Photoshop and Adobe Illustrator is essential.

For more information, click here.

Candidates should have strong skills in Adobe Photoshop and Adobe Illustrator.

Working knowledge of Adobe Photoshop, Adobe Illustrator, and Adobe After Effects is a necessity.

For more information, click here. | To read full story, visit https://startuparound.com/read/1574474405.9422996/[Jobs-Roundup]-Do-you-believe-in-the-power-of-your-art?-Make-your-illustrations-popular-through-these-openings?ref=audio_experience