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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 …

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2 mins read

An OYO employee puts out a LinkedIn post for his fired colleagues, hundreds write in with job openings

It has been a stressful week for hundreds of employees at OYO. While many have been fired, others a…

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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…

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6 mins read

Full text of Ritesh Agarwal’s note to OYO employees who are worried about layoffs, losses and other troubles

The offices at hotel aggregator OYO have been tense, thanks to the news of layoffs and losses. Now,…

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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…

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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…

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1 min read

Oyo now has 100 hotels in the US, is adding one building a day

Oyo Hotels & Homes said that it now has 100 hotels in the US. The company entered the US market…

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1 min read

OYO opens a 35,000 sft casino in Las Vegas by rebranding a Hooters hotel

Indian hospitality unicorn OYO has opened a 35,000 square-foot casino in Las Vegas. Called OYO Hote…

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2 mins read

The founder of OYO, the Indian unicorn, is so confident that he will buy back $1.5 billion shares

In an email response, an OYO spokesperson said, “As a company policy, we don’t comment on specul…

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1 min read

Indian unicorn OYO has conquered China and is now the country’s largest hotel chain

The Indian hospitality unicorn OYO has achieved the numero uno position in one of the world’s tough…

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2 mins read

OYO is making a march to the top US cities with $300 million and blessings from Softbank and Airbnb

Indian hospitality unicorn OYO is investing as much as $300 million to expand its footprint in the …

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2 mins read

IPO-bound OYO acquires Denmark's holiday home chain Bornholmske Feriehuse

In line with its commitment to the 'Invest in Denmark' initiative, online hospitality major OYO has…

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4 mins read

A boy who lived through the 1999 Odisha cyclone is a billionaire now – and here's what he learnt from Fani

Cyclone Fani is one of the most powerful cyclones to hit Odisha in the last 15 years. To me, it bri…

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1 min read

OYO partners with Softbank to create a joint venture for its Japan business

The new venture called Oyo Hotels Japan will be led by Prasun Chaudhary, one of OYO's founding m…

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Oyo closes $90 million funding round with SoftBank leading the investment

The budget hotel aggregator's pre-money valuation has stuck at around $400 million.

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2 mins read

Oyo wants a bite of foodtech, may acquire Freshmenu: Report

The acquisition, which could be valued at $50-60 million according to ETtech, will mark Oyo’s en…

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A 6-year-old Indian startup wants to be world’s biggest hotel chain

Oyo Rooms is already the largest hotel chain in South Asia. “We will have one million rooms inve…

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2 mins read

OYO raised $660 million in debt funding to repay past debts

OYO has raised $660 million in debt from undisclosed institutional investors as the Gurugram-based …