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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 …
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 …
3 mins read
It's not just Zostel, OYO has 20 other lawsuits to fight
OYO — in its DRHP for the $1.2 billion IPO — had noted that the number of legal disputes, lawsuits …
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 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
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
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
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…
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
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 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 …
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 …
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 …
1 min read
Microsoft announces strategic investment in OYO
Tech giant Microsoft and travel technology platform OYO on Thursday announced that they have entere…
11 mins read
Don't moment-market this crisis; there's a special place in communication and marketing hell reserved for that: Mayur Hola of OYO
OYO's marketing officer Mayur Hola shares how the company has changed its marketing strategy during…
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…
3 mins read
OYO claims it has turned around its Japan business – calls 2020 ‘the year’ to focus on profitability
It has been a difficult year for the Indian unicorn OYO. From laying off hundreds of employees acro…
3 mins read
MakeMyTrip and Oyo are in trouble with the CCI, opening up a gray area for business partnerships in India
The alleged dominance that they would enjoy is now under scanner. And prima facie, MakeMyTrip is…
2 mins read
The founders of OYO and Zomato pump in money to make edtech startup Unacademy worth $3.4 billion — a ten fold jump in 18 months
The six-year old startup founded by Gaurav Munjal, Hemesh Singh and Roman Saini, Unacademy…
1 min read
OYO's Singapore arm secures $200 million loan from SoftBank
Hospitality major OYO Hotels & Homes' Singaporean subsidiary has received a term loan from SoftBank.