OYO appoints McKinsey executive as CEO of SE Asia, Middle East

Payal Ganguly

Gurugram-headquartered OYO Hotels and Homes has appointed Mandar Vaidya as the chief executive officer (CEO) for Southeast Asia ....

7 August, 2019

OYO promotes north region operations head as India, South Asia COO

Vijayakumar Pitchiah

Gurugram-based OYO Hotels and Homes has promoted Gaurav Ajmera, head of its northern region operations, as the new chief operating ....

6 August, 2019
ADVERTISEMENT

Cab aggregators face regulatory music, CCI rules in favour of OYO

Payal Ganguly

Tough norms are likely to be implemented by the central government to check ride-hailing firms. Competition Commission says OYO ....

2 August, 2019

OYO not guilty of abusing dominant position: Competition Commission

Vijayakumar Pitchiah

OYO, the Gurugram-based budget hospitality and accommodation services provider, has not been found to be guilty of abusing its ....

1 August, 2019

Japanese consortium funds Ritesh Aggarwal’s $2 bn OYO share buyback

Binu Paul

A three-member Japanese consortium, including investment banking firms Nomura Holdings and Mizuho, financed Ritesh Aggarwal’s ....

23 July, 2019

Ritesh Aggarwal to buy shares worth $2 bn in OYO; partial exits for Lightspeed, Sequoia

Binu Paul

Ritesh Aggarwal will buy shares worth $2 billion in Oravel Stays Private Limited, owner of budget hotels chain OYO, in a primary ....

19 July, 2019
ADVERTISEMENT

Funding Roundup: Investments cross $400 million on the back of growth deals

Vijayakumar Pitchiah

Growth stage funding took center-stage again this week which saw a total of 21 deals worth more than $400 million being concluded. ....

19 July, 2019

OYO founder to increase stake through Cayman-based entity

Vijayakumar Pitchiah

Ritesh Aggarwal, the founder of Gurugram-based hospitality chain OYO Hotels and Homes, is increasing his stake in the company ....

17 July, 2019

OYO acquires Innov8, moves into co-working business with two more brands

Binu Paul

SoftBank-backed hospitality unicorn OYO has officially announced its foray into co-working business with the acquisition of Delhi-based ....

16 July, 2019

Treebo lays off 150 people as budget hotels aggregator runs out of funds

Binu Paul

Bengaluru-based Ruptub Solutions Pvt. Ltd, which operates budget hotels aggregator Treebo, has laid off as many as 150 employees ....

15 July, 2019
ADVERTISEMENT

Hospitality unicorn OYO becomes third largest global hotel chain

Om Athavale

Oravel Stays Pvt Ltd, which operates OYO Hotels and Homes, announced today that it is the world's third largest hotel chain ....

10 July, 2019

Oyo may list in 2-3 years, look at $18bn valuation: Report

Vijayakumar Pitchiah

Gurugram-based budget hospitality chain Oyo Hotels & Homes is gearing to take the public route within the next two-three years, ....

9 July, 2019

OYO founder aims to regain substantial stake in hotel chain: Report

Binu Paul

To tighten his grip on the company, OYO Hotels and Homes founder and chief executive Ritesh Agarwal is in the midst of buying ....

8 July, 2019

Exclusive: Indonesia's Go-Jek gets on board as the latest investor in cloud kitchen Rebel Foods

Vijayakumar Pitchiah

Rebel Foods, the homegrown cloud kitchens company best known for its Faasos brand, has raised $5 million from Indonesia-born ride ....

4 July, 2019

OYO enters Vietnam to expand presence in Southeast Asia

Tanmay Tiwary

Gurugram-based Oravel Stays and Pvt. Ltd, which operates hospitality chain OYO, has entered Vietnam as it continues to strengthen ....

2 July, 2019

Grofers converting grocery shops into brand stores; Flipkart to roll out SuperCoins: Reports

Kavya Kothiyal

Grofers India Pvt. Ltd is converting many grocery stores into its own branded outlets as the online grocery delivery company looks ....

27 June, 2019

OYO to invest $100 mn in its Chinese operations, appoints new revenue chief

Vijayakumar Pitchiah

Gurugram-based hospitality chain OYO Hotels & Rooms is ploughing $100 million (Rs 693 crore at current exchange rate) into ....

26 June, 2019

Binny Bansal sells more Flipkart shares to Walmart; Naspers may not invest in Capital Float

Kavya Kothiyal

Co-founder Binny Bansal has sold more shares in online retailer Flipkart to US retail giant Walmart, which last year bought a ....

24 June, 2019

Watch: Deepak Dhar on taking NestAway’s differentiated business model to the next level

Payal Ganguly

Tiger Global Management-backed home rental platform NestAway started out about five years ago with managed rentals for ....

24 June, 2019

OYO launches 100th Townhouse, aims to reach 400-mark by year-end

Om Athavale

Oravel Stays Pvt Ltd, which operates hotel aggregator OYO Hotels & Homes, said on Friday it has opened its 100th OYO Townhouse ....

21 June, 2019

OYO plans $300 mn investment for expansion in US

Kavya Kothiyal

OYO Hotels & Homes said it plans to invest up to $300 million (about Rs 2,086.6 crore at current exchange rate) in the US ....

20 June, 2019