NSDC, TikTok partner for skilling

NSDC, TikTok partner for skilling Mumbai, Jul 12 (PTI): Short video platform TikTok and the National Skill Development Corporation have partnered to educate users about government-driven skilling programmes and vocational training opportunities. The partnership will NSDC leveraging the TikTok platform to educate over 200 million users of the platform, including the first time Internet users about the government- driven skill development programs and vocational training opportunities.

*********** Oyo to expand mid-scale biz hotel brand to 50 cities Oyo Hotels & Homes has claimed that its mid-scale business hotel brand CollectionO has notched up 175 hotels in the country in the past three months alone and will expand this brand from 37 cities to 50 cities this year. With 85 percent occupancy on an average, CollectionO has see almost a 30 percent increase in corporate bookings in the first quarter, the company said in a statement.

*********** Aavishkar makes a killing from its investment in Jaypore Impact investing fund Aavishkar has earned a multiple of 1.5 times on the capital invested in lifestyle brand Jaypore, which was acquired by Aditya Birla Fashion and Retail recently. The fund had made investments in Jayport in multiple rounds between February 2016-March 2017, it said in a statement without disclosing the investments or the stakes held. This is the third exit for the fund in as many months and comes after sell offs in Utkarsh Coreinvest and from Ulink Agritech.

********** Oxfordcaps enters Western states Student housing focused company Oxfordcaps is entering the western India market by acquiring 1,000 beds in Pune, which houses a lot of educational institutions. It has 15,000 beds across 12 cities and aims to grow its operations across education hubs including Delhi, Bengaluru, Mumbai, Pune, Noida, Dehradun, Indore, Jaipur and Ahmedabad, an official statement said..