OYO Hotels said its expansion plan is likely generated over 6,000 direct and indirect jobs in the next five years.

OYO confirmed an investment of over $100 million in the country as part of its expansion in Southeast Asia.

Venture capital investments have picked up pace in India and though have not reached the highs of 2014-15, in terms of interest levels they are probably the highest in a long time, says Nitish Poddar, India Partner and National Leader Private Equity at KPMG.

In the past year, OYO increased its international footprint to four countries - China, Malaysia, Nepal and, more recently, the UK.

Ritesh Agarwal, founder of OYO Rooms, was named the 'youngest self-made entrepreneur' in the recently released Barclays Hurun India Rich List 2018.

The net worth of the chairman of Reliance Industries stood at Rs 3,71,000 crore as on July 31, 2018.

The magazine, known for its annual rich list, said the Indiaspecific property is not a ranking but a qualitative selection of eminent people from the fields of business, acting and sports.

OYO said that it plans to channel approximately $600 million of the funds raised into \"strengthening its position in China\" and the rest to retain leadership position in India while expanding its footprint.

OYO is already India's largest hotel network with more than 100,000 rooms in 230 cities, as opposed to Marriott's 23,000 and Taj Hotel's 17,000.

Marking its first expansion outside Asia, OYO founder said it plans to invest 40 million pounds ($53 million) to launch in 10 British cities in the next 18 months.

Advanced technologies like AI and machine learning not only reduce the chances of error -- thereby improving efficiency -- but also go beyond human intelligence to offer solutions in areas such as e-commerce, fintech, healthcare, and education.

Executive MBA programmes at leading B-schools are gaining ground among recruiters.

OYO is reportedly in advanced talks to raise up to $1 billion in a deal that could value it at over $4 billion.

The younger IITs are not only catching up with the older ones in terms of attracting marquee names but also in terms of the salaries being offered.

The unicorns-in-the-making hail from diverse sectors such as software, logistics and fintech, thereby widening the pool beyond online commerce and advertising models.