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3 mins read
OYO blames Zo Rooms for ‘forum hunting’ after Zostel’s latest plea to stop its IPO
Update: The article has been updated to include the Delhi high court's verdict issued on September …
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
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…
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
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
OYO to bring on board 300 hill station hotels by August
Hospitality and travel-tech firm OYO on Monday said it will onboard and add 300 hill station hotels…
PTI
2 mins read
OYO raised $660 million in debt funding to repay past debts
OYO has raised $660 million in debt from undisclosed institutional investors as the Gurugram-based …
1 min read
19 people who became millionaires by working for Indian tech startups
Stock option plans (ESOPs) have been an effective way to push employees to work hard for their co…
2 mins read
OYO is looking to hire over 300 engineers in the next 6 months to clear ‘path to profitability’
OYO claims to be headed for the “path to profitability” by doubling down on its tech and product te…
2 mins read
Fitch Ratings revises outlook on OYO's long-term issuer ratings to 'positive' from 'stable'
Fitch Ratings on Wednesday said it has revised the outlook on Oravel Stays Ltd's (OYO) long-term fo…
PTI
1 min read
OYO says an angry creditor has dragged the $9 billion startup to court over a ₹16 lakh dispute
However, OYO said that it has challenged the NCLT order against its subsidiary. In a statement…
1 min read
OYO breathes easy as NCLAT orders a stay on insolvency proceedings against its subsidiary company
As OYO battled with reports of bankruptcy, which it said was inaccurate, and received an outpouring…
2 mins read
OYO’s Ritesh Agarwal and Nothing’s Carl Pei invest in Dukaan’s $11 million round of funding
Dukaan, an app that helps small offline merchants set up online stores, has raised $11 million, at …
2 mins read
Edtech platform Yellow Class raises $6 million in a funding round led by Elevation Capital
Edtech startup Yellow Class has raised $6 million in a Series A round led by Elevation Capital, wit…
3 mins read
After selling their previous startup to Quikr, Zefo founders are building an OYO for hospitals
Ayu Health, founded by Himesh Joshi, Arijit Gupta, and Karan Gupta in 2019, currently works with…
3 mins read
Former Oyo, Uber executive's startup raises $3.5 million from Elevation Capital
The company enables agricultural producers, local manufacturers and home-based business owners t…
2 mins read
Credit Fair, which offers loans to Indians without credit score, has raised $15 million in seed
Consumer lending fintech startup Credit Fair raised $15 million as a part of its seed funding round…