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OYO FOR BUSINESS
UNIVO appoints Nitin Golani its chief executive officerHigher education company UNIVO has appointed Nitin Golani as its new chief executive officer. Golani, with over two decades of global exper...
Oyo parent Prism Hotels receives Sebi nod for IPOPrism Hotels, Oyo’s parent, received Sebi approval for a Rs 6,650 crore IPO. Targeting a $7–8 billion valuation, the firm will use funds fo...
Indian corporations poised to become large brand owners in US: Oyo founder Ritesh AgarwalIndian companies are poised to become significant brand owners in the United States. This shift will enhance India's global influence beyon...
Policybazaar founder warns of insurance squeeze; IT's buying spreeHappy Wednesday! Policybazaar’s Yashish Dahiya has warned that proposed commission caps could disrupt the insurance distribution industry. ...
Oyo readies market debut; IT's comeback rallyOyo's IPO plans are back on track after securing the regulator's nod. This and more in today's ETtech Top 5.
Oyo parent PRISM's G6 Hospitality launches 38 new hotels across the USPRISM, the company behind Oyo, has launched 38 Studio 6 extended stay hotels across the United States. This expansion follows PRISM's acqui...
Lightspeed eyes new India fund, plans smaller corpus of $300–350 million amid AI focusThe venture capital firm, which was initially looking to raise as much as $500 million for its fifth India fund, has now cut the target siz...
Quick service platform Snabbit appoints Abhinav Ankur as chief business officerQuick service platform Snabbit has appointed Abhinav Ankur as its chief business officer. This move comes as the house help segment experie...
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 says it added 2,800 new corporate clients in January-July 2023According to 'Oyo Business Travel Trends Report 2023', Hyderabad has emerged as the leading city, adding 660 corporate clients, followed by...
Ankit Gupta, Mandar Vaidya move on from Oyo"We are proud of their achievements at Oyo and are thankful for their leadership. Both roles were already transitioned six months ago to Va...
Oyo tells employees it turned cash flow positive in Q4 2023Sources said the positive cash flow trajectory is expected to continue into the first quarter of FY2024. The company’s cash corpus on the b...
After CCI and NCLAT, FHRAI takes its fight with Oyo to NITI AayogFHRAI said it has submitted a representation to NITI Aayog which highlights the hospitality industry’s 'plight' with reference to Oyo’s bus...
FHRAI says close to 100 hoteliers encountered issues with Oyo post Covid-19, supports FIROyo calls FIR and allegations frivolous and baseless, but says its committed to resolving hotelier disputes amicably and welcomes ecosystem...
Everyone's favourite startup Oyo is hit hard by hyper growth, a supposed toxic work culture. Can it hit refresh?When Oyo was everyone’s favourite startup, there would be regular reports of the company aggressively entering newer markets. In the last t...
Oyo appoints former McKinsey executive as COOGupta is entrusted with the responsibility to strengthen and consolidate existing opportunities in the co-living, student housing, self-ope...
Oyo rebrands Oyo Living to Oyo LifeOyo said the adoption of the Oyo Life brand and transitioning from its previous identity has begun globally, starting with Japan.
OYO appoints Max Healthcare senior executive to lead its new real estate businessThe appointment, will see Kapoor spearhead new real estate business opportunities for the company, which will include exploring new domains...
Oyo forays into long-term rental sector, targets young professionals migrating to new citiesThe division has on-boarded about 36 properties with 2,000 beds, and the plan is to scale it to about 50,000 beds in the next one year acro...
OYO plans to hire 2020 tech employees by 2020The event also witnessed a product showcase that highlighted the technology applications introduced by OYO to automate customers, hotel par...