Oyo gets shareholder nod to raise Rs 417 crore via preference sharesMoody’s projects Oyo's EBITDA to reach $125 million in FY 2024-2025, inclusive of ESOP expenses. This outlook underscores the company's com...
21 Jun, 2024, 01.28 PM IST
Oyo finalises Rs 1,000 crore fundraise from Indian family officesOyo fundraise: Hospitality startup Oyo is raising around Rs 1,000 crore from family offices and investors. The fundraise aims to value Oyo ...
17 Jun, 2024, 10.14 AM IST
Oyo withdraws IPO application, opts for private funding at 70% valuation cutHospitality company Oyo has withdrawn its draft IPO papers for the second time, which it had filed in March 2023.
22 May, 2024, 08.00 PM IST
Khazanah in talks to lead Oyo Hotel’s $400 million fund raiseKhazanah Nasional Berhad, the sovereign wealth fund of Malaysia, is in discussions to lead a $400 million funding round in Oyo Hotels & Hom...
25 Jan, 2024, 01.23 PM IST
Pet care startup Vetic raises 3.7 million in a seed funding roundThe freshly raised capital will be used by the company towards further bolstering technology, establishing state-of-the-art medical infrast...
30 Nov, 2022, 12.00 PM IST
Oyo to offer free accommodation to Ukraine refugeesStarting with Poland, Oyo has initiated concerted efforts to appeal to its 600-plus Belvilla homeowners on its platform in Poland to open t...
22 Mar, 2022, 01.59 PM IST
SoftBank-backed Oyo said to weigh 50% smaller IPO as markets sagFaced with headwinds including slumping stock markets, Oyo-operator Oravel Stays Ltd. could clip its Indian IPO from the nearly $1 billion ...
17 Mar, 2022, 05.40 PM IST
SoftBank partners with Oyo in Latam in move for more oversightSoftBank said it started the partnership with Oyo in Latin America in 2019 and the investment has been recently formalized with the creatio...
07 Sep, 2020, 09.43 AM IST
Oyo eyes $10bn valuation in new $1bn funding roundThis Indian startup is now world’s sixth biggest hospitality company; majority of the revenues for the company also come outside India.
11 Jun, 2019, 11.54 AM IST
Airbnb checks into Oyo with $200 m in towIndian hospitality co also likely to list its properties on Airbnb’s platform.
02 Apr, 2019, 10.00 AM IST
Tencent may back Oyo with $2 billion tagSources briefed on the matter said Oyo has held discussions with other Chinese strategics and a few financial investors as well for the fun...
24 Jul, 2018, 09.03 AM IST
Oyo checks into Nepal, eyes 100 hotels this yearWhile its basic model is meant for the value- and cost- conscious traveller, Townhouse caters to those who do not mind paying slightly more...
24 May, 2017, 05.46 PM IST
Oyo Rooms closing $250-mn round led by SoftBank, will be valued at $850 mnThe size of Oyo's latest funding round is half of the $500 million proposed by the Masayoshi Son-led SoftBank earlier this year.
24 Apr, 2017, 09.07 AM IST
SoftBank leads $90 million funding in OyoMop-Up in 2 tranches after investor exits with 240X gains in less than four years
16 Aug, 2016, 11.59 AM IST
Room for funding shrinks for OYO as investors keep door ajarOne of the most watched startups of 2015, OYO's difficulties in fund-raising comes at a time when travel portals MakeMyTrip and Goibibo pla...
08 Mar, 2016, 10.39 AM IST
It’s official, OYO acquires its rival ZO RoomsOYO Rooms has completed its acquisition of rival ZO Rooms, building up significant muscle to dominate in a crowded hotel aggregation market.
11 Feb, 2016, 01.26 PM IST
Ketto joining hands with startups, than large corporatesThe new strategy is to prefer startups as these have a greater connect with the masses, are quick to make decisions and open to new ideas.
16 Sep, 2015, 10.01 AM IST