Lightspeed venture

The fresh infusion of capital in Oyo, which according to the documents was allocated on 22 July, is the first investment by SoftBank in Indian start-ups since Nikesh Arora, heir apparent to the chief executive officer’s role at SoftBank, said in June that he was leaving the Japanese company after founder, chairman and CEO Masayoshi Son, who had been expected to step down after turning 60 next year, said he will remain at the helm.

Oyo raises Rs413 crore from SoftBank

3 min read . 16 Aug 2016
Fashionara, which typically offers lower discounts than rivals such as Myntra and Jabong, is adding men’s footwear and accessories to its product assortment. Women account for a majority of Fashionara’s sales—up to 75%.  <br />

Fashionara plans to triple sales

2 min read . 17 Jul 2014