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1 min read
OYO partners with Softbank to create a joint venture for its Japan business
The new venture called Oyo Hotels Japan will be led by Prasun Chaudhary, one of OYO's founding m…
1 min read
OYO's Singapore arm secures $200 million loan from SoftBank
Hospitality major OYO Hotels & Homes' Singaporean subsidiary has received a term loan from SoftBank.
3 mins read
OYO to roll out comprehensive ethical hacking and bug bounty programs
OYO Hotels & Homes, the world's leading hospitality chain, today announced that it will contin…
PTI
2 mins read
This is how Oyo is becoming the dark horse of SoftBank’s investments
Last year at annual general meeting of the Indian Hotels Company, Cyrus Mistry, the erstwhile T…
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The founder of OYO, the Indian unicorn, is so confident that he will buy back $1.5 billion shares
In an email response, an OYO spokesperson said, “As a company policy, we don’t comment on specul…
2 mins read
OYO is making a march to the top US cities with $300 million and blessings from Softbank and Airbnb
Indian hospitality unicorn OYO is investing as much as $300 million to expand its footprint in the …
1 min read
Indian unicorn OYO has conquered China and is now the country’s largest hotel chain
The Indian hospitality unicorn OYO has achieved the numero uno position in one of the world’s tough…
2 mins read
Airbnb picks up a stake in its Indian rival Oyo Rooms
US-based home renting startup AirBnB has reportedly picked up a stake in Oyo Rooms. In a series E f…
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OYO announces ESOPs for all furloughed employees impacted by COVID-19
"This is the first time in the history of the company that such a large part of the organisation is…
PTI
2 mins read
OYO upgrades its app for hotel owners and offers financing, marketing support and timely payments
OYO is beefing up technology platform and is now looking to build a partner network of hotel owners…
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SoftBank Vision Fund 2 fails to raise new funds — Masayoshi Son says the company will now use its own money for investments
“The performance of Softbank Vision Fund 1 is not that great, therefore we decided to invest our…
2 mins read
OYO's $415 million acquisition of Amsterdam-based holiday home chain part of plan to become the world's largest hotel company
OYO is buying @Leisure from Axel Springer, the media and technology company, for $415 million. …
1 min read
An Indian hospitality unicorn is now home to a 16-year old hit reality show, MTV Roadies
Moreover, the winner of the show will get a one-year free stay at an OYO Home property. Th…
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This Indian healthtech firm is using AI to help patients suffering from heart diseases
Healthcare analytics firm Tricog has raised $10.5 million in a series B round of funding. The inves…
2 mins read
A 6-year-old Indian startup wants to be world’s biggest hotel chain
Oyo Rooms is already the largest hotel chain in South Asia. “We will have one million rooms inve…
1 min read
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Paytm’s Japan subsidiary PayPay nets 10 million users in 10 months
Paytm’s Japanese subsidiary PayPay has managed to net 10 million users in ten months. Paytm fou…
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OYO eyes Rs 413 crore funding, to be valued at Rs 3129 crores
After this new round of funding, the post-money valuation of Ritesh Agarwal-led company will be at …
1 min read
Oyo Rooms may buy its smaller rival Zo Rooms
Industry experts say the consolidation is likely to take place in areas such as food delivery, loca…
2 mins read
SoftBank says ‘moshi moshi’ to Oyo Rooms
Japan's telecoms and internet giant SoftBank has also held talks with Oyo Rooms for leading a massi…