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1 min read

OYO appoints Prakash Padariya as Chief Information Security Officer

IPO-bound OYO on Thursday said it has appointed Prakash Padariya as the Chief Information Security …

PTI   


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1 min read

Over 23,000 techies lose jobs in nearly 82 Indian startups to date

As layoffs continue to deepen amid recession fears, more than 23,000 employees have been laid off b…

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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

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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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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2 mins read

Kunal Shah’s CRED has spent $180 million to acquire Happay, a corporate expense manager for Byju’s, OYO and more

Kunal Shah-led credit cards payment company CRED will be acquiring corporate expense company Happay…

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2 mins read

SBI’s former chairperson Rajnish Kumar joins OYO’s board ahead of IPO

Hotel and hospitality firm OYO — which is expected to go for an initial public offering (IPO) soon …

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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 …

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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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6 mins read

India's largest two-wheeler maker, biggest beer brewer and aluminum producer are smaller than startups like Byju's, Paytm, and OYO

Byju’s, Paytm, OYO and Ola are currently valued higher than Ashok Leyland, Indian Hotels and Escort…

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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 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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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 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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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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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…

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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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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…