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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…

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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 …

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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…

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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…

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3 mins read

OYO cashes in another cheque from Swedish billionaire Martin HP Söderström for its vacation homes business in Europe

Indian hospitality unicorn OYO has raised an undisclosed amount of funding from Martin HP Söderströ…

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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

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

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…

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6 mins read

EXCLUSIVE: Inside Ritesh Agarwal’s family office and its early investments

While Agarwal continues to concentrate on his hospitality venture OYO, Gulati took charge by lau…

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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…

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2 mins read

Ritesh Agarwal: Interesting facts about oyo founder ritesh agarwal

While he has not even attained 25 years of age, Ritesh Agarwal, the CEO of OYO has seen it all – po…

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1 min read

Ritesh Agarwal to take a 100% pay cut, OYO sets up a welfare fund for Corona-hit hotel partners

The already troubled OYO, which was on a path towards profitability, now has another massive challe…

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Oyo CEO Ritesh Agarwal to speak at the Business Insider Global Trends Festival 2020

Agarwal, who founded Oyo when he was 18, foresees rapid changes in people's travel habits resulting…

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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 …

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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…

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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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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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2 mins read

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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2 mins read

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…