Wednesday, Jun 26, 2024 | Last Update : 02:26 AM IST


Microsoft in talks to buy stake in OYO: Sources

OYO's survival through the COVID crisis and resurgence shows that it is a company with strong fundamentals and high value potential

30 Jul 2021 7:12 PM

Oyo, Walmart add to job gloom

Oyo’s Ritesh Agarwal said, “Some roles at Oyo will become redundant,” but not saying how many.

14 Jan 2020 1:28 AM

Tax officials conduct surprise search at SoftBank-backed Oyo

In November, internal projections showed Oyo’s India business will likely make losses until 2021.

11 Jan 2020 11:03 AM

CCI to open probe against MMT-Go, Oyo

The FHRAI had alleged that the companies have been offering the hotel rooms at less than the “average room rate”.

30 Oct 2019 2:37 AM

India's Oyo launches Japan hotels in SoftBank JV

The Japanese tech giant has already invested nearly USD 1 billion in Oyo.

25 Oct 2019 12:19 PM


OYO to expand footprint in Bihar, create 700 new jobs

The company aims to double its efforts in delivering a high-quality and trusted hospitality experience to guests.

25 Oct 2019 9:35 AM

OYO to raise USD 1.5 billion in latest round of funding

As part of a Series-F funding, RA Hospitality Holdings will infuse approximately USD 700 million as primary capital, said OYO.

07 Oct 2019 2:16 PM

Oyo to invest 300 mn euro to strengthen presence in European vacation rental mkt

The firm will aim to expand the presence of OYO Home, Belvilla and Dancenter brands across Europe.

14 Aug 2019 8:03 PM

Oyo founder to buy back $2 billion shares

Agarwal will buy part of the shares held by Lightspeed Venture Partners and Sequoia India.

20 Jul 2019 7:38 AM

OYO founder Ritesh Agarwal to buy back shares from early investors for USD 2 bn

Agarwal's stake in the company will rise from the current 9-10 per cent to around 30 per cent.

19 Jul 2019 2:36 PM


Oyo buys Innov8 to enter commercial real estate

Though the company did not disclose the deal size, sources said that it could be a $30 million all-stock deal.

17 Jul 2019 7:07 AM

Oyo crosses 5 lakh room inventory in China, to invest USD 100 mn in 2 yrs

Oyo also claimed that it has now become the largest single hotel brand in China

25 Jun 2019 3:33 PM

OYO launches Cash in Bank initiative for asset owner-partners

Asset owners will be able to meet their capital requirements for renovations and upgradation work within 48 hours.

29 May 2019 3:06 PM

Have created over 1 lakh direct and indirect jobs in India: OYO

The company is helping empower multiple ancillary industries in the hospitality ecosystem by leveraging scale, OYO said in a statement.

10 Apr 2019 9:08 PM

OYO forms JV with Softbank to launch hotel operations in Japan

OYO Hotels Japan offers various values for owners such as dynamic pricing and reservation systems.

04 Apr 2019 1:17 PM


Flipkart, Amazon, Oyo top workplaces in India: report

Internet companies dominate the top 10 spots in LinkedIn's fourth edition of the '2019 Top Companies' list for India.

03 Apr 2019 1:18 PM

Airbnb invests in Oyo

Oyo's home and villas will now appear on the Airbnb platform and increase its international presence.

02 Apr 2019 6:24 AM

OYO launches in-app SOS button

OYO reiterates its commitment to bringing technology led innovations for enhanced safety of all the guests.

09 Mar 2019 3:33 PM

E-commerce, consumer internet cos raised over USD 7 bn in 2018: Report

India is one of the most exciting destinations to invest in across the globe, Ankur Pahwa, Partner EY India.

08 Mar 2019 2:17 PM

OYO re-brands OYO Living to OYO Life

OYO Living was conceptualised based on the feedback and demand from the customers and asset partners.

25 Feb 2019 5:51 PM