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IPO-bound Oyo to sack 600 employees as part of restructuring - Vimarsana News

IPO-bound Oyo to sack 600 employees as part of restructuring

Ritesh Agarwal, Founder and Group CEO of OYO, said, “We will be doing all that we can to ensure that most of the people we are having to let go, are gainfully employed. Every member of the OYO team and I myself will proactively endorse the strength of each of these employees."

JetSynthesys announces Jetapult, the world's first I&O gaming startup, coming out of stealth with its first acquisition - Vimarsana News

JetSynthesys announces Jetapult, the world's first I&O gaming startup, coming out of stealth with its first acquisition

PUNE, India, June 10, 2022 /PRNewswire/ -- Gaming startup Jetapult, the first of its kind Invest & Operate (I&O) model for game studios in emerging markets, comes out of stealth with an acquisition of a game studio from India. Jetapultwill focus on acquiring and scaling revenue-generating Indie game development studios across emerging markets like India, South-East Asia, Middle East, South America as well as Australia, and New Zealand to fill a dearth of long-term smart capital in the industry. Moreover, the start-up will create and grow an exciting roster of gaming companies commercia...