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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
1 min read
Lost in valuation:Global investors don't value these Indian startups as highly as they did
Lost in valuation:Global investors don't value these Indian startups as highly as they did
2 mins read
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…
PTI
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 …
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…
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 …
3 mins read
Ritesh Agarwal-led OYO files preliminary papers for its $1.2 billion IPO
According to documents seen by Business Insider, the Gurugram-based startup aims to raise ₹7,000…
2 mins read
OYO’s valuation nears $10 billion with Microsoft’s $5 million investment
Global tech giant Microsoft has invested $5 million in hotel and hospitality business OYO, reported…
3 mins read
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…
3 mins read
OYO may file for a $1 billion IPO next week
Business Insider has reached out to OYO, seeking comments on the same. According to media r…
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
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 …
6 mins read
Here's how OYO is enabling micro-entrepreneurship and creating crorepatis—many of them are from Gujarat
OYO Hotels & Homes, the world’s second-largest and fastest-growing chain of hotels, homes, ma…
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
IPO-bound Pine Labs raises another $100 million
Payment solutions provider Pine Labs, which is headed for an initial public offering (IPO) in the U…
2 mins read
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 …
2 mins read
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…
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…
1 min read
Dream11 parent co raises $400 million from Netflix, Airbnb investor – valuation doubles to $5 billion
Dream11's parent company Dreamsports has raised $400 million in its latest funding round. With th…
1 min read
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…