Goldman Sachs leads new funding round in budget stays aggregator FabHotels

Vijayakumar Pitchiah

Gurugram-based Casa2 Stays Pvt. Ltd, which owns and operates budget hotel aggregator FabHotels, has received $7.86 million (Rs ....

4 June, 2019

OYO launches cash-advance facility for partners owning hospitality assets

Om Athavale

Homegrown budget hospitality chain OYO on Wednesday announced a cash-advance facility under its OYO Partner Engagement Network ....

29 May, 2019
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OYO strikes strategic partnership with Ctrip in China

Binu Paul

Gurugram-headquartered hospitality unicorn OYO has inked a strategic partnership with China’s largest online travel services ....

27 May, 2019

OYO becomes second-largest hotel chain in China

Om Athavale

Oravel Stays Pvt. Ltd, which operates OYO Hotels and Homes, said on Wednesday it has become the second-largest hotel group in ....

22 May, 2019

Hospitality chain OYO launches light version of app

Om Athavale

Gurugram-based Oravel Stays Pvt Ltd which operates hospitality network OYO Hotels & Homes, has launched a light version of ....

16 May, 2019

Treebo, Hype and ConfirmTKT may raise fresh capital: Reports

Vijayakumar Pitchiah

Budget hotel chain Treebo Hotels is in advanced talks to raise up to $40 million (Rs 281 crore at current exchange rates) from ....

13 May, 2019
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SoftBank books profit in FY19 thanks to investments in Flipkart, OYO

Vijayakumar Pitchiah

Japanese internet conglomerate SoftBank has reaped the fruit of its Indian investments in e-commerce firm Flipkart and budget ....

10 May, 2019

Cowrks appoints former CBRE executive Rajat Gupta to lead growth function

Vijayakumar Pitchiah

Bengaluru-based Cowrks, which offers managed office spaces, has hired Rajat Gupta, a former executive at commercial real estate ....

8 May, 2019

OYO places big bet on Europe with buyout of vacation rental chain @Leisure

Vijayakumar Pitchiah

Gurugram-based hospitality chain OYO has agreed to acquire Amsterdam-based @Leisure Group. OYO didn't disclose the total ....

1 May, 2019

OYO to set up learning centres for kids, partners with ed-tech startup PlanetSpark

Vijayakumar Pitchiah

Budget hospitality chain OYO has struck a partnership with Gurugram-based ed-tech startup PlanetSpark to launch after-school learning ....

25 April, 2019
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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

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

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

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