Oyo elevates CEO Aditya Ghosh to board, raises debt finance from Avendus

Tanmay Tiwary

Budget hospitality chain OYO Hotels & Homes has elevated CEO of India and South Asia, Aditya Ghosh, to the company’s ....

2 December, 2019

Deal Talk: Temasek to invest in Curefit; Lightspeed, Sequoia close Oyo share sale

Shweta Sharma

Health and fitness startup Curefit is in talks to raise $100 million from Singapore’s state investment arm Temasek, Mint ....

2 December, 2019
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Listen: Udaan, OYO burn through cash; Firstcry enters education; Rostow Ravanan’s SaaS innings; Schneider Electric and smart factories

Vignesh Ananthraj & Affirunisa Kankudti & Binu Paul & Supriya Roy

This week saw B2B ecommerce platform Udaan report mounting losses for the financial year 2018-2019 on account of heavy investments ....

29 November, 2019

Deal Roundup: November startup funding closes on a high with Paytm’s big haul

Shweta Sharma

After a dull three-week run, November closed with a bang in terms of funding activity in India’s technology startup market. ....

29 November, 2019

Airbnb India improves profitability, reduces costs in FY19; profits down 19%

Shashank Didmishe

US-based home rental platform Airbnb’s Indian arm, Airbnb India, saw a significant improvement in its operating profits ....

27 November, 2019

SoftBank-backed OYO widens FY19 losses on five-fold jump in expenses

Shashank Didmishe

Oravel Stays, the Gurugram-based company that owns hospitality brand OYO, saw its expenses increase five-fold during the financial ....

26 November, 2019
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OYO board approves $1.5 bn infusion from SoftBank, RA Hospitality

Shashank Didmishe

Budget hospitality chain OYO Hotels & Homes will receive $1.5 billion from founder Ritesh Agarwal and existing investor SoftBank ....

25 November, 2019

OYO appoints Baja Corp founder Betsy Atkins as independent board member

Shweta Sharma

OYO Hotels and Homes has appointed Betsy Atkins, CEO and founder of Baja Corporations, as an independent director on the company’s ....

22 November, 2019

Exclusive: Hospitality startup Sturmfrei raises angel round, lines up coliving foray

Payal Ganguly

Sturmfrei Hospitality, an Ahmedabad-based startup that runs hostels for budget travellers, has raised close to $50,000 in an angel ....

11 November, 2019

Watch: Rohit Kapoor on driving OYO’s co-living biz and plans ahead

Supriya Roy

SoftBank backed hospitality chain OYO signed on Rohit Kapoor as chief executive officer of its new real estate businesses ....

7 November, 2019
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Ctrip-backed MakeMyTrip grows Q2 revenues nearly 14%

Payal Ganguly

Nasdaq-listed online travel company MakeMyTrip recorded a 13.6% year-on-year growth in revenues for its second quarter ended September ....

5 November, 2019

Bengaluru hotelier files case against Oyo founder, 6 others

Tanmay Tiwary

Bengaluru-based Roxel Inn’s owner Betz Fernandez has filed a complaint against budget hospitality chain Oyo Hotels and Homes, ....

5 November, 2019

CCI clears Oyo of market dominance, predatory pricing allegations

Tanmay Tiwary

Gurugram-based budget hospitality and services provider OYO Hotels and Homes is not in a dominant position in the market, says ....

30 October, 2019

Top execs at Oyo to pool personal funds into separate investment vehicle

Shweta Sharma

OYO Hotels & Homes’ chief executive officer Ritesh Agarwal and a few other senior executives at the hospitality chain ....

29 October, 2019

NestAway loses a second founder as CTO Smruti Parida bids adieu

Supriya Roy

Nearly four months after co-founder Deepak Dhar’s departure, home rentals startup NestAway Technologies has lost yet another ....

23 October, 2019

OYO launches booking portal for travel agents

Shashank Didmishe

Hospitality chain OYO Hotels and Homes has launched a hotel booking portal, SuperAgent, for offline travel agents.  The ....

18 October, 2019

Deal Roundup: Sequoia, Sachin Bansal, Falcon Edge fail to lift dull funding week for tech startups

Supriya Roy

Funding activity in India’s technology startup market remained dull into the second week of October, continuing with a downtrend ....

13 October, 2019

Ritesh Aggarwal to invest $700 mn in OYO's $1.5 bn growth round

Shashank Didmishe

Softbank-backed OYO Hotels & Homes is close to raising $1.5 billion through a growth round led by RA Hospitality, owned by ....

7 October, 2019

CCI raises concern over Hyundai- Kia’s $300 mn investment in Ola; Nitin Misra quits Paytm

Tanmay Tiwary

CCI raises concern over Hyundai- Kia investment in Ola The recently proposed $300 million investment in ride-hailing firm Ola ....

1 October, 2019

OYO Life forays into student rentals space; signs deals with IIT Delhi, Plaksha University

Shashank Didmishe

OYO Life, the fully managed housing rental division of the OYO group, has entered the student housing segment by signing agreements ....

27 September, 2019

Deal Talk: Uber co-founder Travis Kalanick to invest in Rebel Foods; OYO to raise $1 bn

Shweta Sharma

TechCircle brings you a round-up of technology investments and M&A deals reported from across newsrooms. Rebel Foods Uber ....

24 September, 2019