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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…
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…
2 mins read
US President Donald Trump meets OYO founder Ritesh Agarwal, tells him ‘good job’
US President Donald Trump was in India for 36 hours and his last leg of the tour included meeting b…
2 mins read
EXCLUSIVE: OYO’s Ritesh Agarwal reveals he is spending most of his time with data scientists and techies to find ‘new business areas’
India’s hospitality unicorn OYO has seen its fair share of troubles in the last year. Just when it …
3 mins read
EXCLUSIVE: OYO’s new employee initiatives — weekend curfew with no calls or Slack messages, a surprise holiday, and discounted Curefit membership
Indian hospitality unicorn OYO has announced several initiatives to help its employees deal with an…
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 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…
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…
3 mins read
Amazon Prime's Srikant Tiwari from The Family Man goes job hunting; Dunzo, OYO, Xiaomi, Nearbuy roll out job offers
How Amazon Prime is promoting The Family Man’s season two launch with main character Srikant Tiwari…
2 mins read
The founder of OYO, the Indian unicorn, is so confident that he will buy back $1.5 billion shares
In an email response, an OYO spokesperson said, “As a company policy, we don’t comment on specul…
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 …
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
3 mins read
Homegrown OYO sees 50 million app downloads globally
India leads in the downloads followed by Indonesia, Malaysia, the USA, and Brazil
4 mins read
Ritesh Agarwal imagines robots at OYO hotels while wondering when India will travel again
Will India travel again? The answer is a resounding yes! However, the one question we do not have a…
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…
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 …
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.
Shona Ghosh
2 mins read
“Goa may be the new Thailand, ” says Ritesh Agarwal as OYO pivots to a new strategy — ‘driving, and not flying, destinations’
Agarwal said that within the travel industry, aviation is impacted the most. With people not r…