{"id":832571,"date":"2024-07-15T09:34:52","date_gmt":"2024-07-15T04:04:52","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=832571"},"modified":"2024-07-15T09:40:37","modified_gmt":"2024-07-15T04:10:37","slug":"softbank-nominee-likely-to-join-oyo-board-as-non-executive-director","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/15\/softbank-nominee-likely-to-join-oyo-board-as-non-executive-director\/","title":{"rendered":"Softbank nominee likely to join Oyo board as non-executive director"},"content":{"rendered":"<p>IPO-bound unicorn Oyo&#8217;s parent firm Oravel Stays Ltd is set to appoint Sumer Juneja, Managing Partner and Head of EMEA &amp; India Investing at SoftBank Vision Fund, as a non-executive director on its board, sources said. <\/p>\n<p>The appointment is subject to shareholders&#8217; approval to be sought at an Extraordinary General Meeting (EGM), according to information accessed by PTI. <\/p>\n<p>Sumer will join Oravel Stays&#8217; Board as a nominee director of Softbank. <\/p>\n<p>Sources, speaking on condition of anonymity, said the move signals SoftBank&#8217;s bullish stance on Oyo, in light of the company turning profitable.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IPO-bound unicorn Oyo&#8217;s parent firm Oravel Stays Ltd is set to appoint Sumer Juneja, Managing Partner and Head of EMEA &amp; India Investing at SoftBank Vision Fund, as a non-executive director on its board, sources said. The appointment is subject to shareholders&#8217; approval to be sought at an Extraordinary General Meeting (EGM), according to information accessed by PTI. Sumer will join Oravel Stays&#8217; Board as a nominee director of Softbank. Sources, speaking on condition of anonymity, said the move signals SoftBank&#8217;s bullish stance on Oyo, in light of the company turning profitable.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-832571","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/832571","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=832571"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/832571\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=832571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=832571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=832571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}