You Searched For "Oyo Rooms funding" and got 20 results
Sort By:
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…
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…
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 …
1 min read
OYO’s Ritesh Agarwal joins the long list of founders who have turned investors
The fund is headed by Gaurav Gulati, the former Chief Operating Officer of Innov8, which was acq…
1 min read
Ritesh Agarwal to take a 100% pay cut, OYO sets up a welfare fund for Corona-hit hotel partners
The already troubled OYO, which was on a path towards profitability, now has another massive challe…
2 mins read
Airbnb picks up a stake in its Indian rival Oyo Rooms
US-based home renting startup AirBnB has reportedly picked up a stake in Oyo Rooms. In a series E f…
2 mins read
OYO is cutting costs in Japan by merging its hotel and rental apartment business
OYO in Japan is merging its hotel business and its rental venture – OYO Life. The merged entity wil…
3 mins read
OYO is beefing up its board of directors – the second board appointment this year is a former FBI consultant
Indian hospitality unicorn OYO has announced the 8th addition to its board of directors. The compan…
2 mins read
70% of OYO hotels in China have reopened — and bookings are rising slowly, the company says
While 70% of OYO hotels in China are now operational, it plans to open the remaining hotels in the …
2 mins read
EXCLUSIVE: OYO brings on board former Starbucks COO Troy Alstead
Indian hospitality unicorn OYO has another addition to its board of advisors – Troy Alstead, former…
2 mins read
OYO reportedly invokes ‘Act of God’ clause to suspend payments to hotel owners says report
According to the report, OYO in a letter to hoteliers has ‘proposed a revenue share model that s…
2 mins read
For Indian startups, 2018 has been a year of bouncing back as venture capital funding doubles
In 2017, the companies listed under IPOs raised over ₹772 billion. On the other hand, the star…
2 mins read
OYO employees have collected ₹1 crore to help Chinese colleagues affected by coronavirus
Ritesh Agarwal, founder and CEO, OYO, has said that a fund of over 1 mn RMB (around ₹1 crore) ha…
2 mins read
Bizarre! The more losses Oyo makes, the more valuable it gets
Indian hospitality unicorn OYO, backed by Japanese billionaire Masayoshi Son’s Softbank Vision Fund…
1 min read
OYO has trimmed its losses and here’s how it plans to add more rooms, enhance customer experience
"We have been doubling our revenues year-on-year and within this year we will continue to gro…
2 mins read
Ritesh Agarwal: Interesting facts about oyo founder ritesh agarwal
While he has not even attained 25 years of age, Ritesh Agarwal, the CEO of OYO has seen it all – po…
1 min read
Oyo Rooms’ valuation to touch $850 million, this will be the size of its funding
After the fresh round of funding, SoftBank will have 42% ownership. The investment i…
2 mins read
Oyo wants a bite of foodtech, may acquire Freshmenu: Report
The acquisition, which could be valued at $50-60 million according to ETtech, will mark Oyo’s en…
1 min read
Oyo's new SOS button promises to make Indian hotels safer
The hospitality chain has also trained a 24x7 OYO Safety Response Team (SRT) which will be able …
4 mins read
A boy who lived through the 1999 Odisha cyclone is a billionaire now – and here's what he learnt from Fani
Cyclone Fani is one of the most powerful cyclones to hit Odisha in the last 15 years. To me, it bri…