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 ...
22 Jun, 2024, 09.28 AM IST
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...
21 Jun, 2024, 01.25 PM IST
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...
28 Dec, 2022, 05.20 PM IST
Eye on revival, Oyo secures $660 million debtFidelity, Citadel, Varde Partners & other global investors subscribe to startup's TLB offer
16 Jul, 2021, 04.00 AM IST
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...
03 May, 2019, 10.42 AM IST
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 ...
20 Feb, 2019, 05.11 PM IST
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.
14 Feb, 2019, 08.24 AM IST
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 ...
05 Feb, 2019, 11.42 PM IST
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 ...
10 Jan, 2019, 08.12 AM IST
Grab books $100 million Oyo to drive into Southeast AsiaHotel aggregator has raised $900 million in this round till date with the latest investment
07 Dec, 2018, 08.29 AM IST
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...
06 Dec, 2018, 04.56 PM IST
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.
03 Dec, 2018, 11.30 AM IST
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...
18 Oct, 2018, 03.57 PM IST
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...
05 Oct, 2018, 09.45 AM IST
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.
27 Sep, 2018, 02.54 PM IST
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.
26 Sep, 2018, 11.29 AM IST
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...
20 Sep, 2018, 10.19 AM IST