Zostel

Indian hospitality startup Zostel has asked the market regulator to reject an application from SoftBank Group-backed rival Oyo Hotels and Rooms to go public due to a legal tussle between the firms over a deal that fell apart six years ago.

This placements season at the Indian Institute of Management (IIM) Calcutta, four students didn't do the job interviews. Why? Because they have already launched their own venture, one that last week won the Wharton India Economic Forum Startup Competition.

Indian hospitality startup Zostel has asked the market regulator to reject an application from SoftBank Group-backed rival Oyo Hotels and Rooms to go public due to a legal tussle between the firms over a deal that fell apart six years ago.

This placements season at the Indian Institute of Management (IIM) Calcutta, four students didn't do the job interviews. Why? Because they have already launched their own venture, one that last week won the Wharton India Economic Forum Startup Competition.