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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…
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…
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
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
OYO upgrades its app for hotel owners and offers financing, marketing support and timely payments
OYO is beefing up technology platform and is now looking to build a partner network of hotel owners…
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 …
1 min read
An Indian hospitality unicorn is now home to a 16-year old hit reality show, MTV Roadies
Moreover, the winner of the show will get a one-year free stay at an OYO Home property. Th…
1 min read
Service providers like Airbnb, Foodpanda and Oyo Rooms get tax queries
Letters were sent to these aggregators to see if these firms were registered with the tax departmen…
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…
2 mins read
Watch out for OYO’s billionaire founder Ritesh Agarwal talking tech at Global Trends Festival 2020
The 27-year old Agarwal is one of the youngest billionaires in the world.
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…
1 min read
A gift-wrapped opportunity for AirBnB and Oyo from Modi. Govt to allow people to turn their houses into home stays at negligible cost!
However, with government’s help, turning the extra room in your home into a money-spinner without h…
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
2 mins read
Poshtels in Delhi are the perfect place for remotely working professionals
For most people, the word ‘hostel’ brings back memories of hard bunkbeds, loud roommates and grimy…
1 min read
Airbnb's Indian business has grown over 115% in a year
Half a million Indians have already started using Airbnb, making India one of its fastest-growing m…
2 mins read
After Flipkart Flights, the ecommerce player ventures into hotel bookings business
Ecommerce major Flipkart announced the launch of a new hotel-booking feature, Flipkart Hotels, on…
2 mins read
Byju's most valuable startup in India and 11th in the world with a valuation of $16.5 billion
Edtech company Byju's is now India's most valuable unicorn startup with a valuation of $16.5 billio…