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OYO INVESTMENT IN UK
India-UK FTA deal: Oyo’s Ritesh Agarwal says Indian startups set for major uplift, job creationIndia and the UK signed their long-awaited Free Trade Agreement on July 24, which is expected to boost bilateral trade by around $34 billio...- Oyo to invest £50 million in the UK for growth in premium segment propertiesOyo is set to invest £50 million in the UK over the next three years, focusing on expanding its premium hotel portfolio. This investment is...
- Oyo to invest £50 million in UK to expand premium hotel portfolioOyo, the travel tech unicorn stated that the investment is expected to create 1,000 jobs in the UK hospitality sector over the next three y...
- Oyo to use fresh funds for ‘enhanced business plan’ and global pushOyo's shareholder approval includes issuing Series G CCCPS shares, as per the scrutiniser's report, to raise funds and increase authorized ...
- Oyo's funding to finance global expansion, acquisitions: filingsET reported on June 20 that Oyo has received shareholder approval for raising Rs 416.85 crore through preference shares in an extraordinary...
- Hyderabad, Luxembourg, Bandung, Johor Bahru, Texas, London among most booked destinations in 2022: Oyo Travelopedia 2022Oyo said the report highlights key trends that shaped travel in 2022 across India, Europe, the USA, UK, Malaysia and Indonesia between Janu...
- Eye on revival, Oyo secures $660 million debtFidelity, Citadel, Varde Partners & other global investors subscribe to startup's TLB offer
- London top choice for Indian investors with record investments in 2018: ReportIndian companies choosing to invest and expand in London reached an all-time high last year, with 32 investment projects – a giant leap fro...
- OYO expands international footprint with Saudi Arabia forayThese properties will be operated under the franchise model with full inventory control similar to other markets like India and China, OYO ...
- Oyo gets $100 million from China’s ride-hailing giant Didi ChuxingThis investment brings to a close Oyo’s $1 billion financing round, valuing it at $5 billion.
- OYO reports revenues of Rs 327 crore in FY18The company clocked revenues of Rs 327 crore in its standalone results for the financial year 2017-18, a 200% jump from last the financial ...
- OYO bulks up international leadership with key hiresThe company is bringing on board Sam Shi as its chief operating officer (COO) for OYO Jiudian, its Chinese subsidiary, which over the past ...
- Grab books $100 million Oyo to drive into Southeast AsiaHotel aggregator has raised $900 million in this round till date with the latest investment
- Oyo will be the world's largest hotel chain by 2023: CEO Ritesh AgarwalOyo, which began with one hotel in Gurgaon in 2013, has grown to over 330,000 rooms in 500 cities globally. While India was its first playg...
- Singapore firm may grab $100-million ride to OyoGrab and Oyo, both of which count SoftBank as one of their primary investors, have identified Indonesia as a key market.
- OYO Hotels enters IndonesiaAt the time of entry, the properties will be operated under models of manchise, lease with full - inventory control similar to other market...
- OYO makes room for business travellersThe brand, priced higher than the more pocket-friendly OYO Rooms, is targeted at millennial business travellers and offers amenities like a...
- OYO's expansion isn't the best use of unicorn fundsFounder Ritesh Agarwal has big plans for the startup, which already has 10,000 hotels in 160 Indian cities.
- SoftBank, others book a $5-billion room for OYO at unicorn clubThe latest round values OYO, which was founded by college dropout Ritesh Agarwal, at about $5 bn.
- OYO checks into UK, to put £40 million over 2 yearsStarting its operations with four properties in London that would offer about 80 rooms, OYO plans to take the number to more than 5,000 roo...
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