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OYO withdraws DRHP, to refile IPO post refinancing: Sources

Oravel Stays Ltd, OYO's parent company, had in November prepaid a significant chunk of its de…

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1 min read

Young and restless: Zepto’s Vohra to Oyo’s Agarwal – meet India’s top self-made biz moguls

In this post we look at the top youngest self-made entrepreneurs in India, from OYO’s Ritesh Agarwa…

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5 mins read

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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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 …

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1 min read

CRED joins Byju’s and Swiggy in the Top 10 most valued startups — check out the list

Four-year-old CRED is now the seventh biggest startup in India in terms of valuation. The company r…

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6 mins read

From hospitality to financial services – Top 10 industries for new startups in India

These industry sectors have not only captured the imagination of entrepreneurs but also offer pr…

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1 min read

Top 10 loss making startups in India in 2021 – from Oyo to PhonePe and Paytm, here’s the list

India crossed a century of unicorns earlier this month, but the list also includes several startups…

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1 min read

Over 23,000 techies lose jobs in nearly 82 Indian startups to date

As layoffs continue to deepen amid recession fears, more than 23,000 employees have been laid off b…

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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…

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3 mins read

Hyderabad, Texas, Bandung and London among most-booked destinations in 2022, as per OYO

Globally, leisure trips dominated in 2022, while in India, business trips and spiritual travel also…

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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…

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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.

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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 …

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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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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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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…

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5 mins read

Richest entrepreneurs under 40 named in the IIFL Wealth Hurun list became more richer by 12% in last one year

India’s richest self-made entrepreneurs named in the IIFL Wealth and Hurun rich list saw their weal…

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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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2 mins read

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…

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3 mins read

Former Oyo, Uber executive's startup raises $3.5 million from Elevation Capital

The company enables agricultural producers, local manufacturers and home-based business owners t…