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1 min read

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…

PTI   


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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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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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1 min read

Microsoft announces strategic investment in OYO

Tech giant Microsoft and travel technology platform OYO on Thursday announced that they have entere…

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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

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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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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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’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

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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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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6 mins read

EXCLUSIVE: Inside Ritesh Agarwal’s family office and its early investments

While Agarwal continues to concentrate on his hospitality venture OYO, Gulati took charge by lau…

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1 min read

Microsoft is in advanced talks to invest in OYO at a valuation of $9 billion, say media reports

Satya Nadella-run Microsoft is in advanced talks to invest in Airbnb-backed Indian budget hotel cha…

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6 mins read

The partner at a VC firm backing OYO, ShareChat and Epic Games explains why it’s betting big money on crypto ⁠— and he’s not alone

At a time when the bigger part of the investment community is still cautious, US-based venture capi…

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3 mins read

OYO IPO now faces a hurdle from a hotels lobby with 55,000 members, aside from Zostel

The Federation of Hotel and Restaurants of India (FHRAI) — which claims to have over 55,000 hotels …

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2 mins read

OYO writes to SEBI, denying all allegations raised by Zostel

OYO's parent firm Oravel Stays has refuted all 'allegations' made by Zostel Hospitality, which had …

PTI   


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1 min read

OYO rival Treebo raises ₹10 crore from Vijay Shekhar Sharma, Deepak Parayanken of Mozambique Holdings, and others

As a part of the ongoing round, the startup has already raised ₹45 crore from its existing inves…

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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…

PTI