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3 mins read
It's not just Zostel, OYO has 20 other lawsuits to fight
OYO — in its DRHP for the $1.2 billion IPO — had noted that the number of legal disputes, lawsuits …
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 …
3 mins read
OYO vs Zo – Zostel claims victory while the Ritesh Agarwal-led firm says there’s still room to win
After a three-year long battle, the legal verdict on OYO Hotels and Homes and Zo Hostels is out, bu…
1 min read
Road to IPO for OYO Rooms is clear as Delhi HC rejects Zostel's plea that restrained the IPO
Justice C. Hari Shankar dismissed the plea of Zostel, seeking an interim order to restrain or in…
1 min read
Oyo Rooms may buy its smaller rival Zo Rooms
Industry experts say the consolidation is likely to take place in areas such as food delivery, loca…
3 mins read
Exclusive: Income Tax search at Ritesh Agarwal-led OYO’s headquarters in India
More trouble for Indian hospitality unicorn OYO. Income tax officials searched the headquarters of …
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's Zo acquisition could be delayed because of its first investor
"VentureNursery is demanding right to information and exit at $700-million valuation, both terms wh…
4 mins read
Here's what Airbnb's co-founder had to say about OYO before the deal was announced
Both companies are looking at opportunities to collaborate on a range of projects, including mak…
1 min read
OYO eyes Rs 413 crore funding, to be valued at Rs 3129 crores
After this new round of funding, the post-money valuation of Ritesh Agarwal-led company will be at …
2 mins read
OYO's $415 million acquisition of Amsterdam-based holiday home chain part of plan to become the world's largest hotel company
OYO is buying @Leisure from Axel Springer, the media and technology company, for $415 million. …
2 mins read
Online travel agencies have just mass blocked Oyo Rooms and Zo. Here’s why
However things didn’t go as expected. Feeling jittery on the advancement of these budget-hotel aggr…
1 min read
Hotels are snapping ties with aggregators after experience goes sour
However, the experience, over the time, turned sour for the aggregators. ET reported an incident in…
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…
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 …
1 min read
Oyo CEO Ritesh Agarwal to speak at the Business Insider Global Trends Festival 2020
Agarwal, who founded Oyo when he was 18, foresees rapid changes in people's travel habits resulting…
Business Insider
2 mins read
Tata Sons, Spicejet in the race for Air India, after employees’ consortium was disqualified
After the consortium of Air India employees backed by NRI businessman Laxmi Prasad and his New York…
2 mins read
Oyo to raise $1.5 billion of which $700 million will come from its founder Ritesh Agarwal
Oyo Oyo CEO Ritesh Agarwal.