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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…
OYO vs Zo – Zostel claims victory while the Ritesh Agarwal-led firm says there’s still room to win
After a three-year long battle, the legal verdict on OYO Hotels and Homes and Zo Hostels is out, bu…
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 …
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…
Mobikwik IPO is not happening this quarter
Indian payment service provider Mobikwik will not be heading for its initial public offering (IPO) …
Microsoft is in advanced talks to invest in OYO at a valuation of $9 billion, say media reports
Satya Nadella-run Microsoft is in advanced talks to invest in Airbnb-backed Indian budget hotel cha…
This Tata group stock doubled investors money in just six months
Shares of Tata Investment Corporation have been rallying this year so much that it doubled in the l…
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…
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…
OYO valuation drops to $8 billion — but it's the smallest drop compared to other major hotel chains
OYO’s valuation has dropped to $8 billion, according to the latest report by Hurun. The Hurun Globa…
OYO Japan saw an occupancy rate of 51% even during the coronavirus pandemic
OYO Japan recorded an average occupancy rate of 51% in the month of March during the coronaviru…
EXCLUSIVE: OYO brings on board former Starbucks COO Troy Alstead
Indian hospitality unicorn OYO has another addition to its board of advisors – Troy Alstead, former…
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…
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 …
Yahoo ends JV with OYO Life in Japan within 8 months after complaints from real estate owners
As per the report, Yahoo bought 30% shares in OYO’s subsidiary company in Japan – OYO Life in Ma…
Inside OYO’s offices — how a 'high pressure' work environment broke a promising startup brand
When numbers become the defining metric, quality may suffer. “OYO when it enters a market want t…
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 …
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…
Bizarre! The more losses Oyo makes, the more valuable it gets
Indian hospitality unicorn OYO, backed by Japanese billionaire Masayoshi Son’s Softbank Vision Fund…
OYO turns to Masayoshi Son for help in Japan, but SoftBank itself is struggling
However, its dependency on SoftBank (who is also a partner in the Japanese venture) could be l…