OYO enters Chinese market; Myntra launches fitness wearable Blink Go

Thursday June 21, 2018 , 2 min Read

Putting all speculation to rest, Oyo on Wednesday announced its entry into the China market. The team is looking to build well-designed small hotels, while introducing best-in-class training and education in the sector. The hotel aggregator currently claims to have over 11,000 exclusive - franchised or managed - rooms in 26 cities including Hangzhou, Xian, Nanjing, Guangzhou, Chengdu, Shenzhen, Xiamen and Kunming among others.

Ritesh Agarwal's OYO just hired a new CTO — Ritesh Agarwal, Founder and CEO, OYO

Online fashion marketplace Myntra is taking the next step in lifestyle with ‘Blink Go,’ a fitness wearable, developed completely in-house at the Myntra Innovation Labs. The product will be launched as part of Myntra’s flagship End of Reason Sale from June 22 – 25. Blink Go will help you monitor fitness parameters and provide activity tracking such as steps, distance, calories, sleep and heart rate sensor.

Bengaluru-based edtech startup Byju’s claims to have turned profitable, after crossing Rs 100 crore in monthly revenues last month. The seven-year-old company has been growing at 20 percent monthly, and has revised its annual revenue target to Rs 1,400 crore this year, from Rs 1,300 crore it had planned earlier.

Mumbai-based ticketing platform BookMyShow on Wednesday announced that it has ventured into ticketing for international events. The launch announcement came with multi Tony-award winning production of Rodgers & Hammerstein’s The King and I. This is in association with Trafalgar Entertainment Group.

Ashish Hemrajani, Co-founder, BookMyShow

Among the much talked about emerging technologies is Virtual Reality (VR) that creates an interactive 3D experience in a simulated environment with the help of computer software. Technology giants like Facebook, Microsoft, Samsung and others were putting their might behind VR-enabled headsets, but they sidelined VR into a niche, geeky, gamer-driven tech. But now the world is waking up to the diverse use cases and enormous potential of VR technology.

Come winter and Delhi begins choking, literally. While winters are particularly bad, the air quality in India’s capital city is among the worse in the world. This was the inspiration for Gaurav Arora and Bhawani Bhateja to start BreatheFresh. The company makes indoor air purification solutions that are natural and chemical free.