You Searched For "Oyo losses" and got 20 results
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1 min read
Top 10 loss making startups in India in 2021 – from Oyo to PhonePe and Paytm, here’s the list
India crossed a century of unicorns earlier this month, but the list also includes several startups…
1 min read
OYO founder Ritesh Agarwal's father falls to death from Gurugram high-rise
Ramesh Agarwal, the father of Ritesh Agarwal, Founder and Group CEO, OYO, has died after falling fr…
3 mins read
Post Covid travel boom helps OYO revive its IPO plans
Global hospitality services platform OYO filed an addendum to its draft red herring prospectus subm…
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…
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 may file for a $1 billion IPO next week
Business Insider has reached out to OYO, seeking comments on the same. According to media r…
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…
5 mins read
Inside OYO’s offices — how a 'high pressure' work environment broke a promising startup brand
When numbers become the defining metric, quality may suffer. “OYO when it enters a market want t…
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…
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…
6 mins read
Full text of Ritesh Agarwal’s note to OYO employees who are worried about layoffs, losses and other troubles
The offices at hotel aggregator OYO have been tense, thanks to the news of layoffs and losses. Now,…
1 min read
OYO net loss widens to USD 335 mn in FY19
The company had reported a net loss of USD 52 million (over Rs 370 crore) for the preceding fiscal.
PTI
1 min read
Jack Ma is stepping down from the board just as Softbank announced a record $13 billion loss
Ma is stepping down after 13 years on SoftBank's board of directors.
Isobel Asher Hamilton
2 mins read
Byju's small profit in 2019 is a big deal given most others are deep in the red
Byju’s profitability comes from its high paid user base which now stands at 2.8 million. B…
1 min read
SoftBank expects a $16.5 billion loss for its Vision Fund as its investments see dismal performance
The record loss for FY 20 is because of ‘the deteriorating performance of its tech bets’. Mea…
1 min read
OYO's net loss widens to Rs 2,385 cr for FY19
New Delhi, Nov 26 () Hospitality firm OYO Hotels and Homes net loss widened to Rs 2,384.69 crore fo…
PTI
2 mins read
OYO founder Ritesh Agarwal announces ESOPs worth ₹130 crore for furloughed employees
Indian hospitality unicorn OYO has allotted ESOPs (employee stock ownership plan) worth ₹130 crore …
3 mins read
EXCLUSIVE: OYO sends employees in India on leave without pay for 4 months and announces pay cuts for many
OYO said that some of its employees will be put on ‘leave without pay’ for four months starting …
3 mins read
OYO Japan saw an occupancy rate of 51% even during the coronavirus pandemic
OYO Japan recorded an average occupancy rate of 51% in the month of March during the coronaviru…
2 mins read
OYO founder Ritesh Agarwal admits the share buyback in 2019 was ‘bad timing’
Agarwal in the interview also said that his current share percentage at OYO gives him a net …