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Founder Ritesh Agarwal invests Rs 830 crore in OYO's latest funding round; Platform raises Rs 1,457 crore

​​Post the equity dilution in the Series G funding, Agarwal's holdings will increase from 29.97 per…

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2 mins read

Indian startup finance ecosystem still going strong, report shows over 50% growth in VC funding over last year

Indian startups secured $7.5 billion in venture capital funding from January to August 2024, markin…

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OYO plans to double premium hotels in 2023 as biz travel surges

OYO’s focus on premium hotels started in October-December 2022, when it added 400 such properties. …

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3 mins read

OYO may file for a $1 billion IPO next week

Business Insider has reached out to OYO, seeking comments on the same. According to media r…

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Fitch Ratings revises outlook on OYO's long-term issuer ratings to 'positive' from 'stable'

Fitch Ratings on Wednesday said it has revised the outlook on Oravel Stays Ltd's (OYO) long-term fo…

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OYO’s valuation nears $10 billion with Microsoft’s $5 million investment

Global tech giant Microsoft has invested $5 million in hotel and hospitality business OYO, reported…

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OYO raised $660 million in debt funding to repay past debts

OYO has raised $660 million in debt from undisclosed institutional investors as the Gurugram-based …

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The founders of OYO and Zomato pump in money to make edtech startup Unacademy worth $3.4 billion ⁠— a ten fold jump in 18 months

The six-year old startup founded by Gaurav Munjal, Hemesh Singh and Roman Saini, Unacademy…

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70-plus Indian startups show exit door to 21K techies, more pink slips coming

As global layoffs deepen, Indian startups are not far behind and have sacked thousands of employees…

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1 min read

OYO's Singapore arm secures $200 million loan from SoftBank

Hospitality major OYO Hotels & Homes' Singaporean subsidiary has received a term loan from SoftBank.

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Edtech platform Yellow Class raises $6 million in a funding round led by Elevation Capital

Edtech startup Yellow Class has raised $6 million in a Series A round led by Elevation Capital, wit…

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3 mins read

After selling their previous startup to Quikr, Zefo founders are building an OYO for hospitals

Ayu Health, founded by Himesh Joshi, Arijit Gupta, and Karan Gupta in 2019, currently works with…

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3 mins read

OYO cashes in another cheque from Swedish billionaire Martin HP Söderström for its vacation homes business in Europe

Indian hospitality unicorn OYO has raised an undisclosed amount of funding from Martin HP Söderströ…

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5 mins read

OYO bags a $7.4 million cheque as pandemic forces Ritesh Agarwal to reimagine the business

Ritesh Agarwal-led OYO has raised ₹54 crore or $7.4 million from Hindustan Media Ventures in a seri…

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2 mins read

Credit Fair, which offers loans to Indians without credit score, has raised $15 million in seed

Consumer lending fintech startup Credit Fair raised $15 million as a part of its seed funding round…

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5 mins read

IPOs pick up steam in last three months of 2022 – Strong pipeline likely to propel listings in 2023

The primary markets have turned optimistic since September, compensating for a lull in initial publ…

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2 mins read

OYO’s Ritesh Agarwal and Nothing’s Carl Pei invest in Dukaan’s $11 million round of funding

Dukaan, an app that helps small offline merchants set up online stores, has raised $11 million, at …

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3 mins read

OYO, Byju's investor Lightspeed India closes its third fund with $275 million

Lightspeed’s biggest bets in India “More than 80% of its investments have been comm…

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2 mins read

IPO-bound OYO acquires Denmark's holiday home chain Bornholmske Feriehuse

In line with its commitment to the 'Invest in Denmark' initiative, online hospitality major OYO has…

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3 mins read

OYO blames Zo Rooms for ‘forum hunting’ after Zostel’s latest plea to stop its IPO

Update: The article has been updated to include the Delhi high court's verdict issued on September …