'Set for a new beginning!' OYO boss Ritesh Agarwal, fiancée invite PM Modi for their March nuptialsThe OYO Rooms founder is one of the country’s youngest billionaires.
20 Feb, 2023, 12.48 PM IST
Qatar Insurance Company, HNIs acquire stake in IPO-bound OyoThe secondary transactions, which were executed at Rs 110 per share and include nearly 1.43 crore equity shares as well as 2,500 preference...
13 Jan, 2022, 03.10 PM IST
Oyo IPO may leave early investors earning returns of up to 770%Oyo’s early investors such as Lightspeed Ventures and Sequoia, along with recent ones like Airbnb, Microsoft, Hindustan Media Ventures, and...
23 Dec, 2021, 02.06 PM IST
Oyo to pay 8 months’ salary as part of Covid-19 bereavement supportOyo wants to do more not just for its employees, but also for the “extended Oyo family”, Oyo Rooms CEO Ritesh Agarwal says.
19 May, 2021, 06.08 PM IST
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...
08 Mar, 2021, 09.19 AM IST
Oyo sends letter to staff stating it's making all employees shareholdersIn April, Oyo announced pay cuts and 'leave with limited benefits' options for its staff in India.
04 Jul, 2020, 12.59 PM IST
Oyo announces ESOPs for all furloughed employees impacted by Covid-19Oyo is also actively working with the company's investors to identify opportunities in their portfolio companies and help its employees wit...
02 Jun, 2020, 11.34 AM IST
OYO Esops to get 2,000 more stock optionsThis takes the number of shares issued by the company to 8,893. OYO has over 10,000 employees.
29 Nov, 2018, 11.01 AM IST
OYO approves new ESOP plan with additional benefitsThe ESOP will be administered by a compensation committee formed by the board of directors, which will establish procedures for the adminis...
11 Aug, 2018, 09.18 AM IST
SIM card seller, college dropout, millionaire at 22: Boy from Naxal area scripts incredible storyAgarwal is a textbook example of lack of a degree being no prerequisite for success. A few years ago, he used to sell SIM cards in a small ...
25 Jun, 2018, 04.50 PM IST
Ritesh Agarwal's journey from being a SIM-seller to the helm of OYO RoomsFor Ritesh Agarwal, who left home in Odisha as a teenager to seek his fortune, carrying all his possessions wherever he went was second nat...
03 Aug, 2015, 07.50 PM IST
OYO Rooms get funding worth Rs 635 crore from SoftBank, othersThe startup, founded three years ago by college dropout Ritesh Agarwal, now 21, is expected to be valued at about $400 million (Rs 2,500 cr...
14 Jul, 2015, 01.31 PM IST
OYO Rooms raises Rs 125 crore from Greenoaks Capital, others for expansionA spokesperson said the latest fund-raising was done at a valuation of close to $100 million, or Rs 623 crore. ET could not independently c...
25 Mar, 2015, 11.03 AM IST
Ritesh Agarwal's Oravel Stays valued at Rs 150 crore in funding round“The primary investment into the company has closed, with Sequoia Capital leading the round. That would be about $5 million."
09 Oct, 2014, 01.35 PM IST
Venture capitalists enter college campuses to spot the next big startupAs average age of startup entrepreneurs steadily falls, venture capitalists & angel investors enter college campuses across India in hope o...
10 Jun, 2014, 04.04 AM IST
Ritesh Agarwal, a young Indian entrepreneur selected for 'Thiel Fellowship'Ritesh Agarwal, founder of online short-stay accommodation listing venture Oravel, is the only Indian resident to be selected.
11 May, 2013, 05.34 PM IST
- SC sets aside SEBI's order against minors
The Supreme Court has held that minors cannot be prosecuted or barred from operating in the securities market for unfair market trade pract...
23 May, 2008, 08.07 PM IST