OYO’s Win Over Zostel, BharatPe CTO Exit & More

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End Of The OYO-Zostel Conflict?

As OYO eyes a third shot at going public, it has cleared a major hurdle that has shadowed its IPO ambitions for years. In a significant legal win, the Delhi High Court has ruled in favour of the Ritesh Agarwal-led company in its long-standing dispute with rival Zostel — potentially bringing closure to a conflict that has dragged on for years.

The Root Cause: The issue traces back to 2015, when both companies entered into an agreement to merge their businesses. Even after a year of discussions, the merger…



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OYO’s Win Over Zostel, BharatPe CTO Exit & More


End Of The OYO-Zostel Conflict?

As OYO eyes a third shot at going public, it has cleared a major hurdle that has shadowed its IPO ambitions for years. In a significant legal win, the Delhi High Court has ruled in favour of the Ritesh Agarwal-led company in its long-standing dispute with rival Zostel — potentially bringing closure to a conflict that has dragged on for years.

The Root Cause: The issue traces back to 2015, when both companies entered into an agreement to merge their businesses. Even after a year of discussions, the merger…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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