Page 2 of OYO Rooms News

In August, Oyo also acquired French-based Checkmyguest, which manages rental properties, for $27.4 million.

OYO said it is currently in advanced discussions with multiple large hotel chains and realty firms for potential asset management…

Even as large tech startups strive to achieve problem-solving at scale, there is little denying that MSMEs form the backbone…

The hospitality giant is gearing up to file its draft red herring prospectus (DRHP) by the end of the first…

Shark Tank India premiered on December 20, 2021, marking the debut of the globally popular franchise in the Indian market.…

Earlier this week, the traveltech firm reported a net profit of Rs 114 crore for FY24 from a loss in…

Under the new policy, all couples will be required to present valid proof of their relationship at the time of…

The combined entity is projected to generate a gross booking value of $3 billion, EBITDA of Rs 2,000 crore in…

The shares were sold by InCred Wealth and China’s Huazhu Group (formerly known as China Lodging), they added.

The investment will be used to fund the company’s expansion plans to double its coworking centres in India to 100…

Oyo recently announced the acquisition of G6 Hospitality, a US-based economy lodging franchisor and the parent company of Motel 6…

Last month, OYO announced it turned profitable in FY24, posting a net profit of Rs 229.5 crore in FY24 as…

The company’s valuation remains at $2.4 billion, consistent with the valuation from the initial Series G tranche issued to InCred…

In FY24, Oyo added about 5,000 hotels and 6,000 homes globally.

In September 2021, OYO had filed preliminary documents with the Securities and Exchange Board of India (Sebi) for a Rs…

Beyond Odds Technologies raised seed funding round led by Matrix Partners India and Lightspeed with participation from InnoVen Capital (a…

The company, which has recently opened 65 homestays in Ayodhya, had stated that it plans to open 400 hotels and…

Interestingly, in the case of big domestic platforms, their local rivals which are opposed to their practises, have fully supported…