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2 mins read
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…
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…
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 …
4 mins read
BYJU’s, Zomato, Dream11 among India’s most valuable PE/VC-funded companies as per Hurun
The second edition of the Burgundy Private Hurun India 500 report featured India’s 500 most valuabl…
2 mins read
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…
5 mins read
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…
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 …
2 mins read
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…
2 mins read
Boom! Another unicorn pops up from India as Groww raises $83 million at a billion dollar valuation
With this, Groww becomes the fourth startup to be catapulted to unicorn status this week alone…
2 mins read
Byju’s is now a decacorn with the latest investment from Mary Meeker’s BOND
With this Byju’s valuation soars to $10.5 billion, according to Business Insider sources. Byju’s…
2 mins read
Masayoshi Son reportedly called OYO's Ritesh Agarwal as "the little brother" of the infamous Adam Neumann who wrecked WeWork
There have been several reports that it was Son who pressurised OYO on the fast growth pha…
2 mins read
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…
2 mins read
OYO reveals numbers to show that the cash burn had reduced sharply even before the mass layoffs
Indian hospitality unicorn OYO says that its revenue grew more than four times in the year ending M…
6 mins read
The curious case of companies which command high valuations with low revenues
The Burgundy Private Hurun India 2022 list includes 61 companies with sales of less than 1,000 cror…
4 mins read
SoftBank has $13 billion unspent in India but Masayoshi Son is not betting on his own ‘vision’
Misra also told ET that SVF1 has invested $81 billion so far and has also returned $10.7 bil…
3 mins read
This Delhi University graduate went from being a lawyer to the CEO of India’s largest airline to a boardroom with the likes of Betsy Atkins who backed Yahoo and eBay
Aditya Ghosh started off as a lawyer after he graduated from the Delhi 30 years ago. Since then, he…
2 mins read
Byju's small profit in 2019 is a big deal given most others are deep in the red
Byju’s profitability comes from its high paid user base which now stands at 2.8 million. B…
4 mins read
Here's what Airbnb's co-founder had to say about OYO before the deal was announced
Both companies are looking at opportunities to collaborate on a range of projects, including mak…
1 min read
OYO's Singapore arm secures $200 million loan from SoftBank
Hospitality major OYO Hotels & Homes' Singaporean subsidiary has received a term loan from SoftBank.
4 mins read
Mobikwik founder says they are not selling any shares in the IPO
Meanwhile, other stakeholders may choose to increase or decrease their offer for sale (OfS). “I …