Online hotels aggregator OYO Rooms has signed an agreement with UK headquartered travel commerce platform Travelport whereby 6,000 hotel properties offered by it will also be available to the latter’s connected travel agencies.


Online marketplace ShopClues has acquired Bengaluru-based startup Momoe as it looks to build a payments business. The deal will also help ShopClues establish an office in the startup capital and all five Momoe founders are expected to join its senior management team across functions like design, corporate development and technology. The deal size is pegged at $10-12 million, with consideration being paid in both cash and stock.