wedding | Pixr8 News

12Aug By NitishNo Comments

ACQUISITION

OYO Acquires Wedding Platform Weddingz

India's one of the leading hotel booking platform OYO acquires online wedding marketplace platform Weddingz in a cash-and-stock deal. Though the amount of the deal has not been disclosed. This is the third acquisition of Softbank backed company in this year. The Gurgaon based company acquired 100% stake in the wedding platform. The platform was backed by early-stage venture capital firms Singularity Ventures and Sixth Sense Ventures “We look at supply, whether it’s hotels, homes or banquets and are always interested in companies that have it and operate in a very similar manner to OYO,” said Maninder Gulati, chief strategy officer at OYO. Founded in 2015 by Sandeep Lodha, Weddingz is India's leading wedding planning platform. After the acquisition, OYO will not change the company ...

When Taj and Oberoi Hotels Worked Together to Host a Wedding!!

A wedding dinner scheduled at the renovated Taj hotel in Mumbai shortly after 26/11 had to be shifted at the eleventh hour despite the food being ready to the Oberoi hostel due to a fire, making it a rare occasion when the two business rivals worked together. Karambir Kang, the then GM of Taj Mahal Mumbai, called it a truly win-win situation - victory for Taj because the guest's function was honoured and victory for Oberoi because it had played the Good Samaritan to its senior competitor and emerged in a very positive light. This incident finds mention in the book "Win-Win Corporations", written by Shashank Shah of Harvard University South Asia Institute and published by Penguin Random House. This bonhomie is, however, not new to the Tata Group, the author says. "In 1970, JRD Tata...

This startup will fund your wedding, but if you divorce you have to pay them back

Do you think your love is forever? Well this startup is willing to put up the funds for your wedding if you think it is. SwanLuv is currently accepting applications from soon-to-be-wed couples who think they've found everlasting love, Geekwire reports. After you've filled out the form, the company will make its own assessment of your bound and give out a loans of up to $10,000 to fund your dream nuptials. The catch? If you get a divorce, you have to pay the loan back - with interest. The couples that do stay together will never have to pay a cent. But in a depressing twist, it's the couples that part that end up funding the blissful couple's wedding day. (This sounds like it has potential for a reality show spin-off.) The Seattle-based company mines online data and uses algorithm so...