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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
Kunal Shah’s CRED has spent $180 million to acquire Happay, a corporate expense manager for Byju’s, OYO and more
Kunal Shah-led credit cards payment company CRED will be acquiring corporate expense company Happay…
2 mins read
This is how OYO became profitable at operating level in Q1FY23, reveals Jefferies
As hospitality major OYO firms up plans for its initial public offering (IPO), financial services c…
2 mins read
OYO founder Ritesh Agarwal announces ESOPs worth ₹130 crore for furloughed employees
Indian hospitality unicorn OYO has allotted ESOPs (employee stock ownership plan) worth ₹130 crore …
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 …
2 mins read
OYO joins the string of startups that are permanently leaving office spaces to reduce real estate costs
Indian hospitality unicorn OYO has just announced that it is permanently shifting to a hybrid workp…
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…
6 mins read
The wedding industry would roughly be at 35% of pre-covid levels in 2021: Sandeep Lodha of Oyo's Weddingz.in
Oyo's Weddingz.in is betting big on tech and customer experience-driven path to recovery
2 mins read
Byju's small profit in 2019 is a big deal given most others are deep in the red
Byju’s profitability comes from its high paid user base which now stands at 2.8 million. B…
1 min read
OYO's net loss widens to Rs 2,385 cr for FY19
New Delhi, Nov 26 () Hospitality firm OYO Hotels and Homes net loss widened to Rs 2,384.69 crore fo…
PTI
2 mins read
Some domestic flight tickets may get expensive soon, as government mulls removal of airfare cap
India’s Ministry of Civil Aviation is looking to remove caps on airfare and capacity on domestic fl…
1 min read
Indian travelers take a lot of last-minute holidays, according to OYO
It confirms that a majority of Indian travelers are increasingly driven by impulse with 61% of all …
2 mins read
Oyo is giving you a chance to win a fully paid trip to India, Malaysia or Nepal
The announcement of this platform was made at 18000 ft. In Khardung La, the highest motor…
2 mins read
Travelling solo makes Indian women feel empowered, reveals OYO survey
The survey had some interesting findings: ● 37% respondents reported traveling only for leisure, wh…
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
I spent 24 hours living on SoftBank services like Uber, WeWork, and Oyo. It revealed some flaws in Masayoshi Son's grand $100 billion investment vision.
To investigate, I spent a day living, working, and eating products from SoftBank-funded companies, …
Shona Ghosh
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
Petrol prices cut by ₹8 per litre in Delhi
New rates will come into effect from midnight. This decision came after Chief Minister Arvind…
1 min read
Investment platform Upstox comes up with quick IPO application process through Whatsapp
The online broking firm has launched a quick and convenient procedure for users to invest in IPO…
2 mins read
Star Health Insurance IPO subscribed only 79% on last day; issue extended till 7 p.m.
Rakesh Jhunjhunwala-backed Star Health and Allied Insurance initial public offering (IPO) has recei…