Online hotel aggregator OYO said it has raised $250 million (over Rs 1,600 crore) in a fresh round of funding led by its existing investors and Hero Enterprise. The company plans to use the funds to expand its presence in India and South-East Asia, OYO said. “We have raised $250 million in a fres…
Tag: Sunil Kant Munjal
We do not expect any returns from impact investing: Sunil Kant Munjal
Sunil Kant Munjal, the Hero Enterprises, has invested Rs 100 crore in impact investment in firm Aavishkaar’s new fund, Aavishkaar Bharat Fund. The investment, made in Munjal’s personal capacity, is part of the Rs 2,000-crore corpus that the social venture capital firm is targeting for…
Budget 2016 | Quotable Quotes
“Finance Minister spent a considerable amount of time in trying to address the rural distress and the difficulties being faced by the farmers. The emphasis on the budget on various schemes and ideas, which including for instance the linking of the MNREGA scheme to rural challenges, is very signif…