OYO launches programme to get more property owners on board

Anirban Ghoshal

Hospitality chain OYO launched a branded programme on Thursday in a bid to get more asset owners and properties on its platform. The ....

18 April, 2019

OYO sacks 25 employees in China for unethical conduct, delists two hotels

Binu Paul

Budget hospitality chain OYO has fired 25 employees from its China subsidiary for misconduct and warned 110 more as part of an ....

18 April, 2019
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Dream11 joins unicorn bandwagon amid dealmaking flurry in fintech this week

Kavya Kothiyal

Startups in the financial technology segment were the flavour of the week even as Dream11 hogged the limelight for becoming the ....

12 April, 2019

Airbnb invests $75 mn in OYO at valuation of $4.3 bn

Vijayakumar Pitchiah

Homegrown hospitality unicorn OYO has received an investment of $75 million (Rs 519 crore at current exchange rates) from San ....

11 April, 2019

Reliance buys Haptik, Airbnb backs OYO as dealmaking in April takes off with a bang

Kavya Kothiyal

Startup funding in the second quarter of the current calendar year opened on a strong note with as many as 17 companies raising ....

5 April, 2019

OYO takes hotel biz to Japan via joint venture with SoftBank

Vijayakumar Pitchiah

OYO is taking its hotel offerings to Japan as the hospitality unicorn presses on with its rapid global expansion on the back of ....

4 April, 2019
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Airbnb confirms investment in budget hospitality chain OYO

Kavya Kothiyal

San Francisco-based home-sharing marketplace Airbnb has invested an undisclosed sum in SoftBank-backed budget hospitality chain ....

1 April, 2019

Cowrks plans to raise $350 mn for overseas expansion

Payal Ganguly

Cowrks India Pvt. Ltd, a shared office space provider, is in talks to raise $350 million (Rs 2,427 crore) from external investors, ....

1 April, 2019

Paytm Mall may raise up to $200 mn from eBay; OYO makes first acquisition in China

Binu Paul

Paytm Mall is in talks with global e-commerce firm eBay Inc. to raise up to $200 million (Rs 1,380 crore at current exchange rate), ....

27 March, 2019

Wedding venue startup VenueLook raises pre-Series A funding

Payal Ganguly

Online-to-offline venue booking platform VenueLook has raised an undisclosed amount of funding in its pre-Series A round from ....

25 March, 2019
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Airbnb may invest up to $200 mn in OYO: Report

Kavya Kothiyal

US-based online home rental company Airbnb is currently in talks to invest $100-200 million in homegrown budget hospitality chain ....

19 March, 2019

OYO buys co-working firm Innov8; marketing startup EkAnek raises seed capital

Shweta Sharma

SoftBank-backed hospitality unicorn OYO Rooms has acquired Delhi-based co-working space provider Innov8 for Rs 150-200 crore, ....

15 March, 2019

OYO to invest $200 mn in India & Southeast Asia ops this year

Vijayakumar Pitchiah

Hospitality unicorn OYO has committed to invest Rs 1,400 crore (around $200 million) in its Indian and Southeast Asian operations ....

12 March, 2019

OYO enters food biz, lists delivery-only kitchens on Swiggy, Zomato, Uber Eats

Binu Paul

Pressing on with its aggressive expansion drive, budget hospitality chain OYO has forayed into online food business with the launch ....

26 February, 2019

Airbnb rolls out Plus Homes in India

Kavya Kothiyal

US-based home rental startup Airbnb Inc. has launched ‘Plus Homes’ in India, featuring the highest-rating homes, the ....

25 February, 2019

Consolidation brewing in India’s booming food-tech sector

Binu Paul

Bengaluru-based Swiggy and Gurugram-based Zomato, locked in a fierce battle for dominance in the country’s food ordering ....

22 February, 2019

OYO marks close of $1 bn funding round with Didi Chuxing investment

Binu Paul

Budget hospitality chain OYO has raised $100 million (Rs 709.4 crore at current exchange rate) from Chinese ride-hailing firm ....

14 February, 2019

OYO revenue more than triples in FY18, loss stable

Vijayakumar Pitchiah

Budget hospitality chain OYO reported a three-fold rise in operating revenues amidst stagnant losses even as gross expenses rose ....

5 February, 2019

OYO in talks to acquire Delhi-based co-working space provider Innov8

Payal Ganguly

SoftBank-backed hotel-reservations startup OYO is in advanced talks to acquire Delhi-based co-working space provider Innov8, operated ....

30 January, 2019

OYO makes top-level appointments to expand overseas business

Kavya Kothiyal

Budget hospitality chain OYO has strengthened its top deck by making a slew of international appointments to expand across different ....

10 January, 2019

Budget hospitality chain OYO unveils staff stock option buyback

Vijayakumar Pitchiah

Former and current staffers of Gurugram-based Oravel Stays Pvt. Ltd, which owns budget hospitality chain OYO, are set for a bonanza ....

28 December, 2018