You Searched For "Oyo Rooms valuation" and got 20 results
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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 …
3 mins read
OYO valuation drops to $8 billion — but it's the smallest drop compared to other major hotel chains
OYO’s valuation has dropped to $8 billion, according to the latest report by Hurun. The Hurun Globa…
6 mins read
Here's how OYO is enabling micro-entrepreneurship and creating crorepatis—many of them are from Gujarat
OYO Hotels & Homes, the world’s second-largest and fastest-growing chain of hotels, homes, ma…
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…
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…
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…
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…
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
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…
2 mins read
Masayoshi Son reportedly called OYO's Ritesh Agarwal as "the little brother" of the infamous Adam Neumann who wrecked WeWork
There have been several reports that it was Son who pressurised OYO on the fast growth pha…
2 mins read
OYO reveals numbers to show that the cash burn had reduced sharply even before the mass layoffs
Indian hospitality unicorn OYO says that its revenue grew more than four times in the year ending M…
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…
2 mins read
OYO’s Ritesh Agarwal sets a new benchmark – invests $2 billion into his own company to increase his stake
In a first for the Indian startup community, OYO founder Ritesh Agarwal invested $2 billion into hi…
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 …
2 mins read
A 6-year-old Indian startup wants to be world’s biggest hotel chain
Oyo Rooms is already the largest hotel chain in South Asia. “We will have one million rooms inve…
1 min read
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 Rooms is the most valuable “hotel chain” in South Asia after Softbank investment
After being valued at between $850-$900 million at the end of last year, OYO Rooms, which was found…