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Founder Ritesh Agarwal invests Rs 830 crore in OYO's latest funding round; Platform raises Rs 1,457 crore

​​Post the equity dilution in the Series G funding, Agarwal's holdings will increase from 29.97 per…

PTI   


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2 mins read

At ₹100 crore, OYO posts FY24 as maiden profitable fiscal: Founder

"While a delighted customer or a hotel partner brings the biggest smile on my face, our first c…

PTI   


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OYO withdraws DRHP, to refile IPO post refinancing: Sources

Oravel Stays Ltd, OYO's parent company, had in November prepaid a significant chunk of its de…

PTI   


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OYO plans to double premium hotels in 2023 as biz travel surges

OYO’s focus on premium hotels started in October-December 2022, when it added 400 such properties. …

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Lost in valuation:Global investors don't value these Indian startups as highly as they did

Lost in valuation:Global investors don't value these Indian startups as highly as they did

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Over 23,000 techies lose jobs in nearly 82 Indian startups to date

As layoffs continue to deepen amid recession fears, more than 23,000 employees have been laid off b…

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3 mins read

Post Covid travel boom helps OYO revive its IPO plans

Global hospitality services platform OYO filed an addendum to its draft red herring prospectus subm…

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Young and restless: Zepto’s Vohra to Oyo’s Agarwal – meet India’s top self-made biz moguls

In this post we look at the top youngest self-made entrepreneurs in India, from OYO’s Ritesh Agarwa…

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6 mins read

From hospitality to financial services – Top 10 industries for new startups in India

These industry sectors have not only captured the imagination of entrepreneurs but also offer pr…

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2 mins read

IPO-bound OYO acquires Denmark's holiday home chain Bornholmske Feriehuse

In line with its commitment to the 'Invest in Denmark' initiative, online hospitality major OYO has…

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6 mins read

New India’s greatest wealth creators are 90s babies, born without a silver spoon

This millennium’s wealth creation story is written by startups — well mostly. According to a report…

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3 mins read

Has IPO-bound OYO regained trust of its hotel partners?

The company has recently been affected by some of its hotel partners publicly complaining, filin…

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1 min read

CRED joins Byju’s and Swiggy in the Top 10 most valued startups — check out the list

Four-year-old CRED is now the seventh biggest startup in India in terms of valuation. The company r…

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Top 10 loss making startups in India in 2021 – from Oyo to PhonePe and Paytm, here’s the list

India crossed a century of unicorns earlier this month, but the list also includes several startups…

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2 mins read

SBI’s former chairperson Rajnish Kumar joins OYO’s board ahead of IPO

Hotel and hospitality firm OYO — which is expected to go for an initial public offering (IPO) soon …

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3 mins read

OYO IPO now faces a hurdle from a hotels lobby with 55,000 members, aside from Zostel

The Federation of Hotel and Restaurants of India (FHRAI) — which claims to have over 55,000 hotels …

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2 mins read

OYO writes to SEBI, denying all allegations raised by Zostel

OYO's parent firm Oravel Stays has refuted all 'allegations' made by Zostel Hospitality, which had …

PTI   


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Byju’s, Swiggy, Dream11 and Ola are among the highest valued startups in India

Byju Raveendran-led Byju’s is the highest valued startup in India but it is also the highest valued…

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3 mins read

It's not just Zostel, OYO has 20 other lawsuits to fight

OYO — in its DRHP for the $1.2 billion IPO — had noted that the number of legal disputes, lawsuits …

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OYO’s Ritesh Agarwal took home ₹1.6 crore in FY2021 — here are the top earners in the IPO-bound company

Here are the key managerial personnel and how much they earned in FY2021, excluding stock option…