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1 min read

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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1 min read

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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2 mins read

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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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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6 mins read

India's largest two-wheeler maker, biggest beer brewer and aluminum producer are smaller than startups like Byju's, Paytm, and OYO

Byju’s, Paytm, OYO and Ola are currently valued higher than Ashok Leyland, Indian Hotels and Escort…

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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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3 mins read

Ritesh Agarwal-led OYO files preliminary papers for its $1.2 billion IPO

According to documents seen by Business Insider, the Gurugram-based startup aims to raise ₹7,000…

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2 mins read

OYO’s valuation nears $10 billion with Microsoft’s $5 million investment

Global tech giant Microsoft has invested $5 million in hotel and hospitality business OYO, reported…

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3 mins read

OYO valuation drops to $8 billion ⁠— but it's the smallest drop compared to other major hotel chains

OYO’s valuation has dropped to $8 billion, according to the latest report by Hurun. The Hurun Globa…

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3 mins read

OYO may file for a $1 billion IPO next week

Business Insider has reached out to OYO, seeking comments on the same. According to media r…

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2 mins read

IPO-bound OYO increases authorised share capital to ₹901 crore

The development comes ahead of proposed initial public offering (IPO) by OYO, for which a draf…

PTI   


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2 mins read

OYO takes first step towards a $1.2 billion IPO, reportedly appoints 3 investment banks

The development was reported by Moneycontrol citing industry sources, who also highlighted that …

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2 mins read

The founders of OYO and Zomato pump in money to make edtech startup Unacademy worth $3.4 billion ⁠— a ten fold jump in 18 months

The six-year old startup founded by Gaurav Munjal, Hemesh Singh and Roman Saini, Unacademy…

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6 mins read

Here's how OYO is enabling micro-entrepreneurship and creating crorepatis—many of them are from Gujarat

OYO Hotels & Homes, the world’s second-largest and fastest-growing chain of hotels, homes, ma…

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2 mins read

IPO-bound Pine Labs raises another $100 million

Payment solutions provider Pine Labs, which is headed for an initial public offering (IPO) in the U…

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2 mins read

OYO’s Ritesh Agarwal and Nothing’s Carl Pei invest in Dukaan’s $11 million round of funding

Dukaan, an app that helps small offline merchants set up online stores, has raised $11 million, at …

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2 mins read

Credit Fair, which offers loans to Indians without credit score, has raised $15 million in seed

Consumer lending fintech startup Credit Fair raised $15 million as a part of its seed funding round…

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5 mins read

OYO bags a $7.4 million cheque as pandemic forces Ritesh Agarwal to reimagine the business

Ritesh Agarwal-led OYO has raised ₹54 crore or $7.4 million from Hindustan Media Ventures in a seri…

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1 min read

Dream11 parent co raises $400 million from Netflix, Airbnb investor – valuation doubles to $5 billion

Dream11's parent company Dreamsports has raised $400 million in its latest funding round. With th…

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1 min read

Microsoft is in advanced talks to invest in OYO at a valuation of $9 billion, say media reports

Satya Nadella-run Microsoft is in advanced talks to invest in Airbnb-backed Indian budget hotel cha…