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

Unity Tech partners with Byju’s for gaming hackathon; OYO launches Japan operations

Tanmay Tiwary

Unity launches first gaming hackathon in India. OYO starts Japan operations with 100 hotels. Unity, Byju’s partner for ....

24 October, 2019
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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

OYO, Softbank acquire realty company MDI to boost Japan operations

Shashank Didmishe

Gurugram-based OYO Hotels & Homes and Softbank have acquired Japan-headquartered rental services provider MDI. “Through ....

9 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
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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

OYO now present in 60 US cities, has over 100+ hotels

Shweta Sharma

Gurugram-based OYO Hotels & Homes has crossed the milestone of 100 plus hotels in the United States. The company had formally ....

20 September, 2019

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

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
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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

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

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

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

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 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 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

OYO gets $100-mn cheque from ride-hailing firm Grab

Dearton Thomas Hector

Budget hospitality chain OYO has raised Rs 732 crore ($104 million at current exchange rates) from Singapore-based ride-hailing ....

5 December, 2018