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Month: March 2025
Oyo accelerates IPO plans as debt repayment deadline nears: Report
The creditors have reportedly insisted that founder Ritesh Agarwal pay off the dues of $383 million he borrowed if the start-up does not have an IPO by October
Uber pilots ‘Uber for Teens’ in India, expands to 35 cities soon
The teen-focused service, already live in Bengaluru, Delhi NCR, and Mumbai, aims to provide safe and supervised rides for young users aged 13-17.
Bain & Company appoints Shyam Unnikrishnan as Managing Partner, India
In his new role, Shyam Unnikrishnan will be responsible for overseeing the country’s growth, strategy, people, and operations.
Dentsu India strengthens its CXM practice with key leadership appointments
Devang Shah joins as chief business officer, consumer, industrials & commerce, while Hemant Kshirsagar takes on the role of chief business officer, financial services & FinTech.
Reddit co-founder Alexis Ohanian joins Frank McCourt’s bid to acquire TikTok
Alexis Ohanian will leverage his expertise in social media to support McCourt’s initiative, dubbed “The People’s Bid,” which aims to restructure the platform with a user-centric data governance model.
YouTube revamps mid-roll ads to enhance viewer experience and boost creator revenue
YouTube believes that reducing interruptive ads will not only keep viewers engaged for longer but also increase the overall mid-roll revenue opportunity for creators.
Omnicom seeks CCI nod for acquisition of Interpublic Group
Under the proposed transaction, Omnicom’s wholly owned subsidiary, EXT Subsidiary Inc. (Omnicom Merger Sub), will merge with IPG, resulting in IPG becoming a wholly owned subsidiary of Omnicom
Paytm UPI introduces auto-debit for hassle-free trading on equity broking apps
With this new feature, Paytm UPI users can set up automatic payment deductions directly from their bank accounts for trades.
Actor Urvashi Rautela under scanner for promoting illegal gambling platforms
Earlier, Urvashi Rautela had received a backlash for promoting another illegal betting and gambling platform, Lotus365. Moreover, multiple celebrities including Rautela were under scanner of the government for promoting Mahadev Online Book, an illegal betting company.