The OYO Indonesia team at a charity event
OYO Indonesia names new Country Head
The story: Celebrating the second anniversary of its operations in Indonesia, India-based hospitality tech startup OYO named Agus Hartono Wijaya as its new Country Head.
Who is Wijaya?: Wijaya was previously the Country Business Development Head at OYO Indonesia for almost two years. He is replacing former Country Head Eko Bramantyo.
What you also need to know: OYO has also launched its coffee brand Kopi Cinta for the Indonesian market. It has also secured a partnership with Simas Insurance and Qoala to provide insurance for hotel guests. The company said that it has recorded 5.5 million bookings during its two years in Indonesia and created a job field for 20,000 workers in the hospitality sectors.
During the COVID-19 pandemic, OYO Indonesia introduced initiatives such as Sanitized Stays, donated US$200,000 to support hospitality industry players, and collaborated with Habitat for Humanity Indonesia.
Zomato raises US$52M to kick off its IPO
The story: India’s food delivery giant Zomato has raised an additional US$52 million from Kora Investments, as part of its ongoing US$600 million funding round, according to Economic Times.
Funding use: It is speculated that the company is raising funding in order to kick off its IPO by mid-2021.
More about this: Despite COVID-19 significantly slowing down sales during the lockdown period in April, the company has reported that the sales volumes are back to normal and recovering.
120 Indian startups form association against Google
The story: 120 startups are forming an app developers’ association within a month to protest against tech giants such as Google, Facebook, Twitter, and Apple, according to Livemint.
“We as a group of Indian startup developers will come together to make an independent congregation. They (Google) cannot be a single gatekeeper to the whole Indian internet ecosystem, especially when they claim to be a non-Indian entity. This is similar to the ‘Salt Movement’,” Paytm founder Vijay Shekhar Sharma said.
The reason: This news comes after Google faced accusations for charging Indian developers using its Play Store 30 per cent commission.
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Image Credit: OYO Indonesia
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