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2 mins read

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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2 mins read

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…

PTI   


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3 mins read

Post Covid travel boom helps OYO revive its IPO plans

Global hospitality services platform OYO filed an addendum to its draft red herring prospectus subm…

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4 mins read

Varanasi, Tirupati, Puri are top travel destinations, as spiritual tourism gains favour -OYO

Northern India has emerged as the most favoured spiritual travel destination followed by Southern, …

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2 mins read

This is how OYO became profitable at operating level in Q1FY23, reveals Jefferies

As hospitality major OYO firms up plans for its initial public offering (IPO), financial services c…

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2 mins read

OYO sends US staff on ‘temporary leave’ but Indian jobs are safe

Indian hospitality chain OYO has announced that it won’t lay off employees in India in spite of the…

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3 mins read

Has IPO-bound OYO regained trust of its hotel partners?

The company has recently been affected by some of its hotel partners publicly complaining, filin…

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1 min read

BYJU's slashes over 1,000 jobs, mostly from its engineering teams

Edtech major BYJU's has laid off further 15 per cent of its employees from its engineering teams, a…

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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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3 mins read

Ritesh Agarwal-led OYO files preliminary papers for its $1.2 billion IPO

According to documents seen by Business Insider, the Gurugram-based startup aims to raise ₹7,000…

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2 mins read

IPO-bound OYO increases authorised share capital to ₹901 crore

The development comes ahead of proposed initial public offering (IPO) by OYO, for which a draf…

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2 mins read

OYO takes first step towards a $1.2 billion IPO, reportedly appoints 3 investment banks

The development was reported by Moneycontrol citing industry sources, who also highlighted that …

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2 mins read

OYO is looking to hire over 300 engineers in the next 6 months to clear ‘path to profitability’

OYO claims to be headed for the “path to profitability” by doubling down on its tech and product te…

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11 mins read

Don't moment-market this crisis; there's a special place in communication and marketing hell reserved for that: Mayur Hola of OYO

OYO's marketing officer Mayur Hola shares how the company has changed its marketing strategy during…

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6 mins read

The curious case of companies which command high valuations with low revenues

The Burgundy Private Hurun India 2022 list includes 61 companies with sales of less than 1,000 cror…

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2 mins read

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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6 mins read

Over 8.5 million new user bookings were made on the OYO app and website in 2020: Rohit Kapoor

Rohit Kapoor, CEO, OYO Hotels & Homes, India & South Asia tells us about India's favourite tourist …

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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

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

Former Oyo, Uber executive's startup raises $3.5 million from Elevation Capital

The company enables agricultural producers, local manufacturers and home-based business owners t…