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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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

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
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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

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

Significant part of the $1 bn will go towards China biz: OYO’s Ritesh Agarwal

Anand J & Dearton Thomas Hector

On Tuesday, budget hospitality chain OYO Rooms became the latest entrant to the unicorn club, an industry term that refers to ....

26 September, 2018
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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

SoftBank-backed OYO enters UK market with £40 mn investment

Shweta Sharma

SoftBank-backed budget hotel brand OYO Hotels has launched operations in London, the United Kingdom, where it plans to invest ....

19 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

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

OYO, Byju’s backer Lightspeed launches training programme for entrepreneurs

Shweta Sharma

Venture capital firm Lightspeed India Partners, which counts ed-tech unicorn Byju’s and budget hotel chain OYO among its ....

24 July, 2018

OYO acquires IoT startup AblePlus to bolster tech portfolio

Binu Paul

Budget hospitality chain OYO has bought Mumbai-based Internet of Things (IoT) technology company AblePlus Solutions Pvt. Ltd to ....

10 July, 2018

OYO forays into China, launches operations in 26 cities

Binu Paul

OYO has announced its foray into China, marking the budget hospitality chain's expansion to a third international market. The ....

20 June, 2018

OYO makes first acquisition, buys service apartment firm

Shweta Sharma

Budget hospitality chain OYO said on Monday that it had made its first acquisition by buying Chennai-headquartered service apartment ....

19 March, 2018

Once blocked, OYO will now list its hotels on MakeMyTrip's platforms

Team TC

Budget hospitality chain OYO will now list its hotels on platforms run by MakeMyTrip as part of a partnership with the country's ....

26 February, 2018

Court quashes Zo Rooms’ plea against Oyo

Anand J

Now-defunct budget hotel room aggregator Zo Rooms has suffered a setback in its legal battle against Oyo Rooms with a Gurugram ....

26 February, 2018

OYO vs Zo: A doomed courtship is now headed to court

Anand J

OYO and Zo Rooms are at it again. After a marriage failed to materialise, the long-sparring online budget hotel operators will ....

21 February, 2018