Abuzz acquires Kalaari and Times Internet-backed Oxfordcaps
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Kalaari Capital and Times Internet-backed Oxfordcaps, which too had experienced severe financial stress, has been acquired in a fire sale by Altruist Technologies that runs bachelor-focused co-living platform Abuzz. As per the report, Oxfordcaps had begun downscaling its operations a few months after the pandemic began due to severe financial stress.