Page 3 of OYO Rooms

OYO to open 50 homestays in Odisha in next one year

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

Updated: March 14, 2024 15:47 IST

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No global and local divide: Zomato, Swiggy, Oyo oppose new competition framework

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

March 14, 2024 04:45 IST

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Nikhil Kamath, Azhar Iqubal, and 3 other Indian billionaires who thrived despite dropping out of school or college

These young and successful Indian entrepreneurs have paved their way to success through real-world experience and adaptability.

February 24, 2024 00:00 IST

OYO forays into sports hospitality business, shortlists 100 hotels in 12 key cities

The sports hospitality business aims to meet the unique needs of large sports events with a focus on providing end-to-end…

Updated: February 15, 2024 16:42 IST

Oyo posts Rs 30-cr profit in Q3; CEO sees consistent rise in PAT

Oravel Stays Ltd, which operates travel tech brand OYO, had its maiden profitable quarter in Q2 FY24 with a PAT…

Updated: February 9, 2024 19:11 IST

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OYO founder Ritesh Agarwal announces establishment of five healthcare centers in Odisha over next one year

The centers will be operated by the health-tech startup ‘Last Mile Care’, which already runs 11 health centers across India.

December 14, 2023 17:11 IST

Oyo to report maiden profit in Q2: CEO Ritesh Agarwal

Currently, Oyo has a presence in European countries, where it operates brands like “Belvilla by Oyo”.

September 27, 2023 05:15 IST

Oyo India CEO and Europe head quit

Ankit Gupta, India CEO of hospitality and travel tech unicorn Oyo, has quit the company, along with the head of…

September 7, 2023 00:20 IST

Meet Ritesh Agarwal, world’s second richest young self-made billionaire; know about the founder of OYO who amassed Rs 7253 crore

Oyo Hotels, a 2013 startup sponsored by SoftBank, has grown to be India’s largest hotel network and is now valued…

July 10, 2023 07:15 IST

Oyo turns cash flow positive in Q4, eyes profitability next

Travel tech firm Oyo turned cash flow positive during the fourth quarter of FY23, the company informed its employees in…

April 28, 2023 06:15 IST

OYO to add 50 new properties in Ayodhya in 2023

Out of the 50 new properties to be added in Ayodhya, about 25 will be homestays run by homeowners and…

Updated: April 20, 2023 16:20 IST

OYO to add more hotels to US portfolio

IPO-bound hotel aggregator OYO plans to expand its market presence in the US with an addition of over 100 hotels…

April 15, 2023 01:15 IST

Oyo may cut IPO size, pre-files papers for IPO

Under the confidential route option, filing is available at the initial stage only to the market regulator.

April 1, 2023 06:00 IST

OYO-owned Weddingz.in ties up with Lemon Tree Hotels

The alliance will help increase the fill rate of banquets and event spaces in Lemon Tree Hotels, in more than…

Updated: March 30, 2023 16:18 IST

Oyo, IPO, fresh capital, financial pressures, travel market, inflation, investors, valuation, SoftBank, regulators, personal guarantees

SoftBank-backed Oyo to reduce planned IPO by about two-thirds amid tech headwinds

The company was targeting a valuation of about $9 billion and updated its IPO documents in early 2022, but SoftBank…

March 27, 2023 15:19 IST

OYO expects more than Rs 5,700 crore revenue in FY23

At a town hall on Monday, Agarwal told employees of the firm that OYO is aspiring to reach adjusted EBITDA…

Updated: March 27, 2023 14:36 IST

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Ramesh Agarwal, father of Oyo Rooms founder, dies after falling from Gurugram high-rise

He fell from the 20th floor in DLF The Crest, Sector 54, Gurugram.

Updated: March 10, 2023 18:41 IST

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OYO founder Ritesh Agarwal gets married to Geetansha Sood; Check pictures

The 30-year-old billionaire hosted a grand reception at a five-star hotel in Delhi.

Updated: March 7, 2023 23:36 IST

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