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OYO BUSINESS ACCELERATOR
OYO-parent PRISM rejigs top leadershipTravel-tech firm OYO’s parent company, PRISM, has reshuffled its leadership. Ankit Tandon is now chief operating officer of PRISM and CEO f...- Oyo-parent PRISM announces leadership realignmentPRISM, the parent company of Oyo, is reorganizing its leadership team. This strategic move aims to boost growth and enhance its premium off...
- IPO-bound OYO’s unlisted shares jump 26% in a month, beating listed peers. Time to buy?Oyo's unlisted shares have surged 26% in the past month amid IPO buzz, outperforming listed peers. This surge is attributed to robust Q1 ea...
- OYO adds 3,500 corporate clients in FY25OYO's business accelerator division experienced a 20% year-on-year growth, adding 3,500 new corporate clients in FY25, now totaling over 6,...
- Oyo elevates Sonal Sinha as CEO of newly acquired G6 HospitalityOyo has appointed Sonal Sinha as CEO of G6 Hospitality, the American motel company it recently acquired. This addition is expected to bring...
- Oyo projects three-fold rise in FY25 PAT at Rs 700 croreAccording to founder and CEO Ritesh Agarwal, Oyo achieved a net profit (PAT) of about Rs 132 crore in Q1 FY 2025, a turnaround from the Rs ...
- JP Morgan extends Rs 200 crore credit facility to OyoJP Morgan has provided Oyo with a Rs 200 crore credit facility to support the expansion of Oyo's Accelerator Programme. Launched in March l...
- Oyo to add over 1000 hotels under Accelerator Programme by DecemberOyo said it also plans to add over 100 first generation hoteliers operating these hotels across India.
- Oyo rolls out accelerator programme for small first-gen hoteliersThe focus of the programme is on increasing the footprint of brands like Townhouse Oak, OYO Townhouse, Collection O and Capital O.
- Oyo adds over 1,250 new corporate clients since MarchThe list of top cities searched and booked by corporates include Bangalore, Hyderabad, Mumbai, Chennai, Ahmedabad, Kolkata, Pune and Delhi,...
- Oyo, Microsoft in tie-up for ‘next-gen’ travel and hospitality productsOyo will adopt Microsoft Azure as a “key enabler” to drive cloud-based innovations and the solutions will be geared to benefit patrons who ...
- Oyo to triple room count in Himachal Pradesh by 2022OYO opened its doors in the state in 2015 and since then it has added over 570 hotels and 7,500 rooms especially in Shimla, Dharamsala, Kas...
- Oyo buys co-working firm Innov8, eyes 50 centres by year-endAs part of the acquisition, Oyo will also onboard an estimated 150 Innov8 employees on to its rolls.
- SC sends OYO-Zo Rooms dispute for arbitrationThe companies have been locked in litigation, filing cases in various courts against each other, ever since OYO in October last year decide...
- OYO and ZO trade barbs via legal counselsOYO said that Zostel had filed a "frivolous arbitration petition in District Court, Gurugram earlier on February 2, 2018, as a counterblast...
- Zo Rooms takes Oyo to court for 'data theft'Alleges data stolen during due diligence as part of a failed acquisition; Oyo says it’s an attempt to ‘arm-twist for a deal’
- SoftBank leads $90 million funding in OyoMop-Up in 2 tranches after investor exits with 240X gains in less than four years
- OYO eyes Rs 413 crore through proposed rights issue in fresh funding roundThe new round of funding will peg the post-money valuation of the Gurugram-based startup at Rs 3,129 crore or about $460 million, the filin...
- OYO Rooms partners with PayPal for global payments, bookingsThe partnership with PayPal will enable OYO Rooms' customers to pay for their bookings in Malaysia and other South East Asian countries.
- VentureNursery invites startups for ninth edition of acceleration programThe 13-week intensive program will include mentoring by experienced members of the accelerator, VentureNursery said.
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