As the pandemic recedes, tech companies are committed to driving higher adoption across industries, leading to growing demand for tech talent across the country. As per a study by 451 Research, a technology industry research firm, women form 34% of the IT workforce in India. With this insight at the heart of its initiative, and ahead of International Women’s Day, global hospitality technology platform, OYO has rolled out ‘#WomenInCtrl’, its first women-only hackathon in India.
OYO’s women-only hackathon #WomenInCtrl to improve gender diversity in tech
With this initiative, OYO is inviting women developers across India to create tech-first hospitality products for OYO. This hackathon is aimed at promoting diversity in tech, with a key focus on software development roles. High potential participants will also be evaluated for roles in OYO’s technology team.
The virtual hackathon will run between March 08th and 20th March, with a key focus on creating real-world technical solutions in the hospitality technology industry. Women coders can register on the HackerEarth website to join the challenge. The participants will have five hours to attempt and submit their innovative solutions to 10 Multiple Choice Questions and 2 live programming challenges. OYO’s event platform of choice, HackerEarth will then evaluate the submissions and shortlist candidates for potential tech roles and mentorship by OYO’s technology team. This challenge will test the candidates’ skill sets and knowledge around data structures, algorithms, APIs, system design, among others. OYO expects participation from 2000+ women developers across India. Selected participants can expect mentorship by OYO’s global technology team to begin within 24 to 48 hours of the hackathon.
Commenting on the initiative, Ankit Mathuria, Chief Technology Officer, OYO said, “OYO’s tech & product teams are continually innovating for the evolving needs of travellers across the globe. We believe that customer-focused innovations happen when engineers from diverse backgrounds come together and problem solve. I am looking forward to meeting some of the most exceptional women in tech and hopefully, working alongside some of them soon. Doesn’t matter if you are a full stack engineer, a machine learning or data science expert or an info security geek but if you relate to our mission, you must participate.”
About OYO
OYO is a global platform that empowers entrepreneurs and small businesses who operate hotels and homes by providing them with full-stack technology products and services that increase revenue and ease operations; bringing easy-to-book, affordable, and trusted accommodation to customers around the world. OYO offers 40+ integrated products and solutions to patrons who operate over 157,000 hotel and home storefronts in more than 35 countries including India and those in Europe and Southeast Asia, as of March 31, 2021.For more information, please visit www.oyorooms.com.Disclaimer: Oravel Stays Limited is proposing, subject to applicable statutory and regulatory requirements, receipt of requisite approvals, market conditions and other considerations, to make an initial public offering of its equity shares (the “Equity Shares”) and has filed the Draft Red Herring Prospectus (“DRHP”) with the Securities and Exchange Board of India (“SEBI”). The DRHP is available on the website of SEBI at www.sebi.gov.in, websites of the Stock Exchanges, i.e., BSE Limited and National Stock Exchange of India Limited at www.bseindia.com and www.nseindia.com, respectively, and is available on the websites of the Global Coordinators and Book Running Lead Managers, i.e., Kotak Mahindra Capital Company Limited, J.P. Morgan India Private Limited and Citigroup Global Markets India Private Limited at www.investmentbank.kotak.com, www.jpmipl.com and www.online.citibank.co.in/rhtm/citigroupglobalscreen1.htm; the websites of the Book Running Lead Managers, i.e., ICICI Securities Limited, Nomura Financial Advisory and Securities (India) Private Limited, JM Financial Limited and Deutsche Equities India Private Limited at www.icicisecurities.com, www.nomuraholdings.com/company/group/asia/india/index.html, www.jmfl.com and www.db.com/India, respectively. Investors should note that investment in equity shares involves a high degree of risk and for details relating to the same, refer to the Red Herring Prospectus which may be filed with the Registrar of Companies in the future, including the section titled “Risk Factors”. Potential investors should not rely on the DRHP filed with SEBI for making any investment decision. The Equity Shares offered in the Fresh Issue (as defined in the DRHP) and the Offer for Sale (as defined in the DRHP) have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) and, may not be offered or sold within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. Accordingly, the Equity Shares are only being offered and sold (i) within the United States only to “qualified institutional buyers” (as defined in Rule 144A under the Securities Act) in transactions exempt from, or not subject to, the registration requirements under the Securities Act, and (ii) outside the United States in offshore transactions in reliance on Regulation S under the Securities Act and pursuant to the applicable laws of the jurisdictions where those offers and sales are made. There will be no public offering of the Equity Shares in the United States.
