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Indian unicorn OYO has conquered China and is now the country’s largest hotel chain
The Indian hospitality unicorn OYO has achieved the numero uno position in one of the world’s tough…
The owner of Oberoi and Trident defers results triggering a sell-off in India's hotel stocks
However, EIH is not alone. Chalet Hotels, which runs the premier hotels – Marriot, Hyatt and Nov…
OYO opens a 35,000 sft casino in Las Vegas by rebranding a Hooters hotel
Indian hospitality unicorn OYO has opened a 35,000 square-foot casino in Las Vegas. Called OYO Hote…
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…
Apollo Hospitals partners with Oyo, Zomato, SBI and others to offer 5,000 quarantine rooms to Coronavirus patients
Apollo Hospitals Group, in partnership with the State Bank of India (SBI), Hindustan Unilever (HUL)…
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…
Indian unicorns like Oyo, PayTm and now Uber are shedding flab — resulting in thousands of pink slips
After the textile and auto sector, startups and that too unicorns could be where the next set of pi…
Here are the top three states that scored high on the ‘cashless India scorecard’
Walnut, a personal finance app, has created a Cashless India Scorecard comparing how each state is …
Oyo, Zomato, Amazon, and Flipkart are chasing growth but the very foundation is shaking
India’s biggest startups have been solving its systemic problems to build businesses. But the syste…
BI Investigation: Business models akin to Amazon and Uber’s aren’t working for Indian startups
Valuations are normally decided according to a company’s market share, its gross margins, and its r…
Here’s a rundown of what all happened this week
This week, rating agency Moody’s changed its outlook on India from stable to negative. Motu Patlu’s…
Oyo, the 'jewel' in SoftBank's startup portfolio, just announced more layoffs in the U.S. weeks after cutting thousands of jobs in India and China
Oyo's layoffs come as other SoftBank-backed companies also restructure with a new focus on profitab…
Megan Hernbroth,Meghan Morris…
Bulls incharge on Dalal Street: Nifty crosses 14,500 for the first time, Sensex hits a fresh high
The indices largely traded on a flat note during the day. Around 12.05 p.m., Nifty was trad…
140,000 jobs lost in US in December 2020
"The decline in payroll employment reflects the recent increase in coronavirus (COVID-19) cases …
The IITs are the fourth largest producer of unicorn startups in the world
If you are an aspiring entrepreneur or a wantrepreneur equipped with a dream to create a billion-do…
Now, You can calculate your credit score for free with BankBazaar
A credit score is a numerical expression based on a level analysis of a person's credit files or hi…
Maharashtra will now be a tourism haven for Oyo rooms
The state tourism agency is in advanced talks with the travel and accommodation companies. "We alre…
Oyo, the former 'jewel' in SoftBank's startup portfolio, quietly fired 110 people based on their performance. Some fired workers say it was basically impossible to close sales, and the company is only offering severance if they agree to not speak out.
Still, people who currently or used to work at Oyo are arguing that the firings were part of a cost…
Melia Russell
Want to start your own business? Know what helped OYO’s Ritesh Agarwal start his own company!
“The first quarter was spending at the bay area, hanging out with starters, learning from our mento…
India’s Air BnB just raised Rs 150cr and there’s more to come!
“This would be one of our largest capital raises for us,” said Agarwal. Explaining the business mod…