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VC fundraising hits wall; WhatsApp’s new privacy headacheIndian VC firms are facing their hardest fundraising year in a decade as LPs tighten filters and demand cash returns. This and more in toda...- India's youngest self-made billionaire is looking for a room on D-StreetA teenager once pitched ₹30 lakh for a slice of his startup and mostly got no for an answer. That same idea now heads toward the public mar...
- 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...
- 'Don't forget your roots.' OYO Rooms founder's life lesson for people who are in pursuit of excellenceOyo founder Ritesh Agarwal recalled his mother's wise words and said that those lessons continue to stay close to his heart to this date.
- Oyo hits back at Zostel, says no restriction imposed on the company from changing its shareholding pattern, no stay granted by Delhi HC on proposed offerIn its letter to Sebi sent on October 28, and accessed by ET, Oyo has written that no restriction has been imposed on Oyo from changing its...
- Term sheet binding, Zo entitled to get up to 7% in Oyo: ArbitratorAn Arbitral Tribunal has ruled that Oravel Stays is bound by the Oyo-Zo Rooms acquisision deal struck in 2015 and that Zostel Hospitality c...
- Oyo to triple room count in Himachal Pradesh by 2022OYO opened its doors in the state in 2015 and since then it has added over 570 hotels and 7,500 rooms especially in Shimla, Dharamsala, Kas...
- Why Oyo may be the darkest horse in SoftBank’s India portfolioUnder Ritesh Agarwal, Oyo has registered an exponential growth in India, growing from 105 rooms in 2014 to 70,000 rooms now.
- OYO plans to hire 5,000 people in eight monthsGurugram-based firm will hire through the recruitment process outsourcing route. It has entered into a 7-year multi-million dollar contract...
- OYO enters north-east, offers 250 rooms in Gangtok, DarjeelingOnline aggregator of branded hotels OYO Rooms has expanded its presence in the north-east by offering more than 250 standardised rooms in G...
- OYO Rooms plans to triple inventory by DecemberThe company said that since February it has also regained profitability at a network-level but did not share financial details.
- The curious case of Oyo's acquisition of Zo RoomsSoftBank announced the deal in its earnings report but the companies are yet to ink a formal agreement. In fact, there are chances of the a...
- OYO Rooms appoints Dinesh R as chief human resources officerPrior to this appointment, Dinesh R was head of compensation & benefits in APAC region for the Coca Cola Company.
- 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.
- OYO acquires rival ZO RoomsIn a consolidation of business in the hotel aggregation segment, OYO Rooms has acquired its rival Delhi-based ZO rooms.
- OYO Rooms appoints new chief human resources officer Dinesh R"I consider this an opportunity to contribute to the growth of a home-grown start-up that will disrupt markets globally,” says Dinesh.
- Oyo Rooms to acquire Zo Rooms in an all-stock dealOyo chief executive Ritesh Agarwal and Zo Rooms CEO Dharamveer Chauhan did not respond to email queries and phone calls from ET.
- OYO Rooms to expand network to 2,000 hotels by year-endIt said the company has India's largest branded network of hotels, having grown to 400 hotels from one hotel in Gurgaon less than two years...
- OYO Rooms raises Rs 150-crore from investors for expansionThe company follows the owners own and manage model in which it provides training, standardisation of the product and marketing of these ho...
- OYO Rooms aims to have 450 hotels under the brand by 2015 end"We plan to have 450 hotels under our brand by the end of 2015 as part of our expansion strategy," OYO Rooms Founder and CEO Ritesh Agarwal...
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