SoftBank-backed Oyo to reduce planned IPO by two-thirds amid tech headwindsIn the filing, Oyo will outline plans to sell just a third of the new shares it originally planned, eroding the amount of fresh capital it ...
27 Mar, 2023, 03.10 PM IST
We need to talk: Oyo launches new feature for customer feedbackOyo said that to capture customer feedback, it has rolled out a feedback section on its website landing page, and on its app called 'We nee...
14 Feb, 2023, 05.44 PM IST
SoftBank-backed Oyo seeks to resurrect IPO after growth resumesOyo and founder Ritesh Agarwal are trying to pull off a successful IPO after a series of setbacks in their efforts to change the hotel and ...
19 Sep, 2022, 11.12 AM IST
Oyo plans IPO after September, may settle for lower valuationOyo was initially targeting a valuation of $11 billion for its listing.
24 May, 2022, 01.50 PM IST
1 mn bookings done on NYE weekend, OYO CEO Ritesh Agarwal braces himself for an eventful 2022The OYO bookings made on the same day for New Year's eve in 2021 was 58 per cent.
11 Jan, 2022, 10.21 PM IST
Company continued to hold on to close to $ 1 bn cash, tracked to runway very closely: Oyo founder Ritesh Agarwal to employeesAgarwal was talking to employees in India, US, Japan, China and other markets in a 'fireside chat' session alongside board member Troy Alst...
01 Dec, 2020, 08.28 PM IST
Oyo witnessing green shoots in India: Ritesh Agarwal, founder, Oyo Hotels & HomesIn China occupancies continue to grow steadily and are in the mid-forties. Given the fluid Covid situation, any talk of bounceback needs ad...
13 Jul, 2020, 05.36 PM IST
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...
30 Jan, 2020, 09.36 AM IST
Expert finds a backdoor in Oyo’s data security systemsOyo said the vulnerability was limited to a single property and was fixed immediately.
02 Oct, 2019, 08.55 AM IST
Booking.com sees opportunity in India, will invest more: CEOTans, who rides a bike to work everyday, spoke about Oyo’s overseas expansion and its business model, hospitality industry and the OTAs and...
12 May, 2019, 11.56 PM IST
Industry associations allege more than 200 hotels end partnership with Oyo over disputes; Oyo refutesIndustry groups allege breach of contracts, threatening legal notices & mismanagement of accounting.
26 Jan, 2019, 09.28 PM IST
Business travel witnesses unprecedented growthBusiness travel management company Carlson Wagonlit Travel, which caters to around 200 clients, said it has seen a 20% year-on-year growth ...
31 Jul, 2017, 11.24 AM IST
Oyo Rooms in talks to raise funds from Softbank, may enter unicorn clubThe deal will also give SoftBank — founded by Masayoshi Son — a larger role in the Indian travel market, where online penetration is much h...
27 Feb, 2017, 10.54 AM IST
OYO partners with HDFC Bank for PayZappOYO is present in over 180 cities and has 6000 hotels in its network and promises to deliver a superior app booking and room service experi...
19 Jul, 2016, 03.28 PM IST
Hotels check out of Oyo, Zo after unhappy stayMore than 200 hotels are estimated to have ended ties with leading aggregators Oyo Rooms and Zo in the last five-six months.
11 Mar, 2016, 10.34 AM IST
IRCTC partners with OYO Rooms to deliver convenient and real-time hotel bookings to passengersThe partnership symbolises the growing leverage of synergies between the government and homegrown Indian businesses to drive the next wave ...
24 Feb, 2016, 08.16 PM IST
Failing often is the reality of starting up: Ritesh Agarwal, CEO OYO RoomsThe usual education did not excite me at all because I felt how will understanding trajectory motions in chemistry help me solve real-life ...
03 Sep, 2015, 04.00 AM IST