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4 mins read

Varanasi, Tirupati, Puri are top travel destinations, as spiritual tourism gains favour -OYO

Northern India has emerged as the most favoured spiritual travel destination followed by Southern, …

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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…

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IPOs pick up steam in last three months of 2022 – Strong pipeline likely to propel listings in 2023

The primary markets have turned optimistic since September, compensating for a lull in initial publ…

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4 mins read

The owner of Oberoi and Trident defers results triggering a sell-off in India's hotel stocks

However, EIH is not alone. Chalet Hotels, which runs the premier hotels – Marriot, Hyatt and Nov…

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3 mins read

EXCLUSIVE: OYO sends employees in India on leave without pay for 4 months and announces pay cuts for many

OYO said that some of its employees will be put on ‘leave without pay’ for four months starting …

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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 …

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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…

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3 mins read

Exclusive: Income Tax search at Ritesh Agarwal-led OYO’s headquarters in India

More trouble for Indian hospitality unicorn OYO. Income tax officials searched the headquarters of …

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1 min read

Microsoft announces strategic investment in OYO

Tech giant Microsoft and travel technology platform OYO on Thursday announced that they have entere…

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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 …

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OYO’s ‘Hockey’ print campaign is winning the internet; there’s a lot more in store, says its head of global brand Mayur Hola

OYO published a Print ad today in an effort to get people excited about sports other than cricket

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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…

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OYO’s Ritesh Agarwal tells Donald Trump he will invest $2 billion in the US and partner with Ivanka Trump

OYO founder Ritesh Agarwal was the only startup founder to meet US President Donald Trump during th…

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3 mins read

EXCLUSIVE: OYO’s new employee initiatives — weekend curfew with no calls or Slack messages, a surprise holiday, and discounted Curefit membership

Indian hospitality unicorn OYO has announced several initiatives to help its employees deal with an…

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OYO's valuation climbs again — hits $9 billion after its latest fundraise of $7 million

With over 50 products and more than 500 microservices, the company plans to utilise the capi…

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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…

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3 mins read

OYO is beefing up its board of directors – the second board appointment this year is a former FBI consultant

Indian hospitality unicorn OYO has announced the 8th addition to its board of directors. The compan…

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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 …

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1 min read

Road to IPO for OYO Rooms is clear as Delhi HC rejects Zostel's plea that restrained the IPO

Justice C. Hari Shankar dismissed the plea of Zostel, seeking an interim order to restrain or in…