OYO makes top-level appointments to expand overseas business

Kavya Kothiyal

Budget hospitality chain OYO has strengthened its top deck by making a slew of international appointments to expand across different ....

10 January, 2019

Budget hospitality chain OYO unveils staff stock option buyback

Vijayakumar Pitchiah

Former and current staffers of Gurugram-based Oravel Stays Pvt. Ltd, which owns budget hospitality chain OYO, are set for a bonanza ....

28 December, 2018
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Flashback 2018: Unicorns, Chinese cheques drive buzz in startup ecosystem

Binu Paul

India’s startup ecosystem took a long stride towards maturity this year, as several big-ticket acquisitions and funding ....

24 December, 2018

OYO gets $100-mn cheque from ride-hailing firm Grab

Dearton Thomas Hector

Budget hospitality chain OYO has raised Rs 732 crore ($104 million at current exchange rates) from Singapore-based ride-hailing ....

5 December, 2018

OYO in talks to raise funding from Singapore ride-hailing firm Grab

Kavya Kothiyal

Budget hospitality chain OYO is in advanced discussions to raise $100 million (Rs 697.7 crore) from Singapore-based ride-hailing ....

3 December, 2018

OYO’s employees to get 2,000 more stock options: Report

Dearton Thomas Hector

Oravel Stays Pvt. Ltd, which runs budget hospitality chain OYO, has strengthened its employee stock ownership (ESOP) plan by adding ....

29 November, 2018
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OYO hires former Max Healthcare exec to head new real estate business

Payal Ganguly

Hospitality chain OYO has named Rohit Kapoor as chief executive officer of its new real estate businesses, in the second top-level ....

27 November, 2018

OYO appoints former IndiGo boss Aditya Ghosh as CEO for India, South Asia ops

Dearton Thomas Hector

Budget hospitality chain OYO on Thursday announced the appointment of Aditya Ghosh, the former president of budget carrier IndiGo, ....

15 November, 2018

Flipkart sale, Oyo valuation gain help SoftBank post higher Q2 profit

Team TC

SoftBank Group Corp’s profit for the quarter through September jumped 78%, helped by gains from the sale of its stake in ....

5 November, 2018

Treebo lost almost Rs 3 for every rupee in revenue for FY18

Dearton Thomas Hector

Hotel aggregator Treebo, run by Ruptub Solutions Pvt. Ltd, made a net loss for the year through March that was nearly thrice its ....

30 October, 2018
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OYO enters NestAway’s turf, launches home rental vertical

Payal Ganguly

After securing $1 billion in fresh funding last month and expanding to multiple countries in recent weeks, budget hospitality ....

22 October, 2018

Supreme Court appoints arbitrator for Oyo-Zo dispute over failed merger talks

Anand J

The Supreme Court has appointed an arbitrator in a bid to resolve the drawn-out dispute between hotel aggregators Zo Rooms and ....

3 October, 2018

OYO to raise $1 bn from SoftBank fund, others at valuation of $5 bn

Vijayakumar Pitchiah

Budget hospitality chain OYO said on Tuesday it will raise $1 billion (around Rs 7,300 crore at current exchange rates) in a fresh ....

25 September, 2018

Oyo tops LinkedIn list of hottest startups to work for in 2018

Kavya Kothiyal

Professional networking company LinkedIn on Tuesday announced an India list of top 25 startups to work for in 2018, topped by ....

18 September, 2018

Meet the 8 startups selected for Lightspeed's entrepreneurship programme

Kavya Kothiyal

Venture capital firm Lightspeed India Partners has picked eight startups for its training and mentorship programme called Extreme ....

11 September, 2018

SoftBank steps up search for India head, engages headhunting firm

Binu Paul

Japanese telecom and Internet conglomerate SoftBank Group Corp is aggressively on the lookout for a suitable candidate to lead ....

4 September, 2018

SoftBank-backed OYO adds revenue stream with paid membership programme

Kavya Kothiyal

OYO on Wednesday announced the launch of a paid membership programme in a bid to boost revenues as the Ritesh Agarwal-led firm ....

29 August, 2018

Exclusive: Hotel aggregator Treebo’s marketing head quits after short stint

Dearton Thomas Hector

A top executive has resigned from Ruptub Solutions Pvt. Ltd, which operates hotel aggregator Treebo, a person familiar with the ....

29 August, 2018

OYO continues acquisition spree, buys online marketplace Weddingz.in

Vijayakumar Pitchiah

Budget hospitality chain OYO has acquired Mumbai-based Weddingz.in, an online marketplace for wedding venues and vendors, for ....

13 August, 2018

Hotel aggregator Treebo lays off 10% of its workforce

Vijayakumar Pitchiah

Bengaluru-based Ruptub Solutions Pvt. Ltd, which operates hotel aggregator Treebo, has let go about 10% of its nearly 800-member ....

23 July, 2018

Quikr, Paytm bosses top techpreneurs pay chart - who else got fat cheques?

Dearton Thomas Hector & Keshav Sunkara

Founders of India’s largest and best-funded internet and digital technology firms took home an average hike of 20% in gross ....

13 July, 2018