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OYO adds 3,500 corporate clients in FY25, records 20% YOY growth

EntrackrEntrackr · 9m ago
OYO adds 3,500 corporate clients in FY25, records 20% YOY growth
Medial

Hospitality firm OYO has announced that its business accelerator division added over 3,500 new corporate clients in FY25, marking a 20% year-on-year growth in its corporate portfolio. According to OYO, it now has a network of more than 6,500 corporate clients with this addition. Mumbai emerged as the top-performing market, adding over 700 new corporate clients in the past year, followed by Hyderabad with 400 and Pune with 350. Other major metro cities, including Chennai and Bangalore, also played a key role in the surge in corporate accounts. Some of the key brands added in FY25 include SBI Life, Cult.fit, and Sun TV Direct, further strengthening OYO’s presence among large enterprises and pan-India organisations. This business vertical caters to the travel and accommodation needs of corporate clients, offering smooth check-ins at more than 1,100 conveniently located, company-serviced hotels in over 300 cities, tailored meal options, conference facilities, event management support, and customised holiday packages. With a pipeline of potential partnerships and continued focus on innovation in corporate travel, OYO aims to accelerate its expansion with a focus on premium brands such as SUNDAY, Palette, Clubhouse Townhouse, Townhouse O, and Collection O. According to market research, India has emerged as the fourth-largest business travel market in the Asia-Pacific region. OYO offers more than 40 integrated products and solutions to patrons who operate over 170,000 hotel and home storefronts in more than 35 countries, including India, Europe, and Southeast Asia.

Groww adds over 3.5 lakh stock market users in January

EntrackrEntrackr · 17d ago
Groww adds over 3.5 lakh stock market users in January
Medial

Groww adds over 3.5 lakh stock market users in January Groww added over 3.5 lakh active demat accounts in January, took its total client base to about 1.24 crore (12.48 million), and its market share rose to 27.66%. India’s retail broking industry saw marginal growth in active users in January, with over 3 lakh new clients added, to reach 4.51 crore, compared with 4.48 crore in December 2025. Groww continued to dominate the market, added more clients than the rest of the industry combined, while ICICI Securities moved to the fourth position surpassing Upstox. According to NSE data, Groww added over 3.5 lakh active demat accounts in January, took its total client base to about 1.24 crore (12.48 million), and its market share rose to 27.66%. As of 1:07 PM today, Groww’s share price is trading at around Rs 165.4 per share, with a market capitalization of Rs 1,02,080 crore or roughly $11.3 billion. The firm’s operating revenue rose 25% year-on-year to Rs 1,216 crore in Q3 FY26, with a net profit of Rs 547 crore. Among major brokers, Zerodha added 10,000 clients in January after several months of decline. The firm had shed around 1 lakh users in November and lost another 72,000 in December. Its total user base now stands at 68.62 lakh, with a 15.21% market share. Angel One’s market share declined to 14.95%, with 67.45 lakh clients, after losing nearly 13,000 users in January. Upstox recorded the highest client loss among major brokers, with over 41,000 users, a 2% month-on-month decline. This pushed Upstox down to the fifth position, and its market share fell to 4.51%. Among traditional players, ICICI Securities, SBI Securities, and Kotak Securities added around 19,000, 3,680, and 4,725 accounts, respectively. Paytm saw an increase of about 14,000 accounts, while HDFC Securities, Kotak Securities, and Motilal Oswal reported a decline in client numbers. Emerging brokers Dhan and INDmoney reported growth in their user base, with 14,900 and 3,860 users added, respectively. Recently turned unicorn Dhan posted a strong FY25 performance, with revenue from operations rising over 2.3X. At the same time, its profit jumped 2.6X and crossed Rs 400 crore in the last fiscal year.

Google staff sound off about 'corporate overlords,' impersonal layoffs, and a changing company culture, report says

Business InsiderBusiness Insider · 2y ago
Google staff sound off about 'corporate overlords,' impersonal layoffs, and a changing company culture, report says
Medial

Google employees have recently experienced another round of layoffs, leaving some feeling disgruntled. The job cuts, which affected staff working on Google Assistant, Fitbi, and the devices and services teams, were not addressed internally by CEO Sundar Pichai. Employees have expressed their frustrations on Google's internal meme board, criticizing management as "corporate overlords." The layoffs were described as impersonal, with one engineering director indicating that the company's culture had changed significantly since the last major round of job cuts. Google had previously cut 12,000 employees in January 2023, and the new wave of layoffs reflects a broader trend in the tech industry.

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