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1 min read
Founder Ritesh Agarwal invests Rs 830 crore in OYO's latest funding round; Platform raises Rs 1,457 crore
Post the equity dilution in the Series G funding, Agarwal's holdings will increase from 29.97 per…
PTI
2 mins read
At ₹100 crore, OYO posts FY24 as maiden profitable fiscal: Founder
"While a delighted customer or a hotel partner brings the biggest smile on my face, our first c…
PTI
1 min read
OYO founder Ritesh Agarwal's father falls to death from Gurugram high-rise
Ramesh Agarwal, the father of Ritesh Agarwal, Founder and Group CEO, OYO, has died after falling fr…
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
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…
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
3 mins read
Post Covid travel boom helps OYO revive its IPO plans
Global hospitality services platform OYO filed an addendum to its draft red herring prospectus subm…
3 mins read
Gen Zs & Millennials aid spiritual & wellness-driven tourism recovery in India
A survey by travel agency Agoda found wellness to be one of the top three motivations for Indians t…
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…
2 mins read
Did you know? OYO’s Ritesh Agarwal has a Chinese name
The Indian owner of China's largest chain of hotels, OYO, is not known as Ritesh Agarwal, but as Li…
2 mins read
OYO founder Ritesh Agarwal admits the share buyback in 2019 was ‘bad timing’
Agarwal in the interview also said that his current share percentage at OYO gives him a net …
3 mins read
Has IPO-bound OYO regained trust of its hotel partners?
The company has recently been affected by some of its hotel partners publicly complaining, filin…
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 …
1 min read
OYO’s Ritesh Agarwal joins the long list of founders who have turned investors
The fund is headed by Gaurav Gulati, the former Chief Operating Officer of Innov8, which was acq…
2 mins read
Ritesh Agarwal: Interesting facts about oyo founder ritesh agarwal
While he has not even attained 25 years of age, Ritesh Agarwal, the CEO of OYO has seen it all – po…
2 mins read
IPO-bound OYO acquires Denmark's holiday home chain Bornholmske Feriehuse
In line with its commitment to the 'Invest in Denmark' initiative, online hospitality major OYO has…
3 mins read
August has a long weekend and Indian consumers are packing their bags to travel to Goa and Bali
Goa is where everyone’s headed for the long weekends in August.
2 mins read
OYO writes to SEBI, denying all allegations raised by Zostel
OYO's parent firm Oravel Stays has refuted all 'allegations' made by Zostel Hospitality, which had …
PTI
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.
2 mins read
SBI’s former chairperson Rajnish Kumar joins OYO’s board ahead of IPO
Hotel and hospitality firm OYO — which is expected to go for an initial public offering (IPO) soon …