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2 mins read
OYO’s valuation nears $10 billion with Microsoft’s $5 million investment
Global tech giant Microsoft has invested $5 million in hotel and hospitality business OYO, reported…
2 mins read
Airbnb picks up a stake in its Indian rival Oyo Rooms
US-based home renting startup AirBnB has reportedly picked up a stake in Oyo Rooms. In a series E f…
2 mins read
OYO takes first step towards a $1.2 billion IPO, reportedly appoints 3 investment banks
The development was reported by Moneycontrol citing industry sources, who also highlighted that …
1 min read
Microsoft is in advanced talks to invest in OYO at a valuation of $9 billion, say media reports
Satya Nadella-run Microsoft is in advanced talks to invest in Airbnb-backed Indian budget hotel cha…
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…
2 mins read
IPO-bound OYO increases authorised share capital to ₹901 crore
The development comes ahead of proposed initial public offering (IPO) by OYO, for which a draf…
PTI
2 mins read
OYO is making a march to the top US cities with $300 million and blessings from Softbank and Airbnb
Indian hospitality unicorn OYO is investing as much as $300 million to expand its footprint in the …
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…
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
Airbnb CEO Brian Chesky on the company's IPO— 'When the market's ready for Airbnb, it will go public'
“Before the pandemic hit, we were working on the S1 (filing), we were intending to file it. Th…
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…
9 mins read
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…
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
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…
1 min read
OYO partners with Softbank to create a joint venture for its Japan business
The new venture called Oyo Hotels Japan will be led by Prasun Chaudhary, one of OYO's founding m…
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
1 min read
Dream11 parent co raises $400 million from Netflix, Airbnb investor – valuation doubles to $5 billion
Dream11's parent company Dreamsports has raised $400 million in its latest funding round. With th…
3 mins read
This Alibaba, Airbnb investor tells Indian startups to forget China and go after South East Asia
When Hans Tung, Managing Partner, GGV Capital, was in India last month, it was not surprising to se…
2 mins read
Byju’s is now a decacorn with the latest investment from Mary Meeker’s BOND
With this Byju’s valuation soars to $10.5 billion, according to Business Insider sources. Byju’s…