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  1. Business News
  2. About
  3. oyo rooms

Page 3 of OYO Rooms

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OYO news
Unmarried couples no longer welcome, OYO revises check-in rules

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

Updated: January 5, 2025 11:32 IST
OYO, G6 Hospitality, Blackstone, industry, Oyo Vacation Homes, OVH, tax, IPO
OYO completes $525 million acquisition of G6 Hospitality from Blackstone

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

December 24, 2024 01:00 IST
Oyo shares
Nuvama Wealth picks up Oyo shares worth Rs 100 crore via secondary sale

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

December 14, 2024 01:55 IST
Innov8 to raise Rs 100 crore funding at Rs 1,200 crore valuation
OYO-owned Innov8 to raise Rs 100 crore funding at Rs 1,200 crore valuation

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

November 21, 2024 18:43 IST
Industry, Oyo, Revenue, Townhouse, Oyo Hotels, Company Serviced Hotels
Oyo’s profit stands at Rs 158 crore for Q2, revenue up 12 per cent

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

October 25, 2024 00:05 IST
Blackstone acquired Motel 6, which was founded in 1962, from French lodging giant Accor SA in 2012 in a $1.9-billion deal
OYO to buy US hotel brand in $525-mn all-cash deal

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

September 22, 2024 10:20 IST
The investment is being made through Compulsory Convertible Cumulative Preference Shares, each priced at Rs 29
OYO raises Rs 1,457 crore in latest funding round, allocations for growth and global expansion

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

Updated: August 11, 2024 16:11 IST
OYO
Oyo posts maiden annual net profit of Rs 100 crore in FY24: Ritesh Agarwal

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

May 31, 2024 01:20 IST
OYO
OYO withdraws DRHP, to refile IPO post refinancing: Sources

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

May 18, 2024 11:34 IST
vivek sinha, OYO, Unacademy, Beyond Odds Technologies, seed funding, Matrix Partners India, Lightspeed.
Former OYO executive Vivek Sinha launches training, recruitment startup with $11 million seed funding

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

April 18, 2024 18:02 IST
Oyo homestays in Odisha
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
competition law, Zomato, Swiggy, Oyo, ex-ante digital competition law, digital competition law
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
Nikhil Kamath, Nikhil Kamath ney worth, Nikhil Kamath business, who is Nikhil Kamath, Nikhil Kamath podcast, Azhar Iqubal, Azhar Iqubal net worth, Azhar Iqubal lifestyle, Azhar Iqubal journey, Ritesh Agarwal, Ritesh Agarwal net worth, Ritesh Agarwal career, lifestyle
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
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 founder Ritesh Agarwal
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
Ritesh Agarwal, OYO, healthcare centers, free healthcare facilities, Last Mile Care, hybrid care, healthcare
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 townhouse hotel
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 app photo
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
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