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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

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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

OYO founder Ritesh Agarwal’s wedding: Invitees include PM Modi, Masayoshi Son, Mukesh Ambani; Here’s what we know so far

SoftBank’s Masayoshi Son will attend the wedding of OYO founder and CEO Ritesh Agarwal in a bio bubble. Know everything…

Updated: March 6, 2023 12:12 IST

Oyo rejigs management ahead of IPO

Oyo did not respond to FE’s queries till time of going to press on Friday.

February 25, 2023 03:20 IST

OYO to double premium hotels in India in 2023

OYO’s focus on premium hotels started in the last quarter of 2022 when it added more than 400 premium hotels…

Updated: February 21, 2023 16:14 IST

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Oyo reports Rs 182 cr in adjusted Ebitda in H2FY23 as its nears end of ‘first profitable year’

Oyo’s revenue was also likely to increase 19 per cent from Rs 4,780 crore in FY22 to Rs 5,708 crore…

January 27, 2023 14:55 IST

OYO to refile updated draft IPO papers with SEBI by mid-February

In September 2021, OYO filed preliminary documents with the Securities and Exchange Board of India (Sebi) for Rs 8,430 crore…

January 18, 2023 11:45 IST

Oyo writes to NCLT to expedite MCA inquiry on FHRAI executive committee

Oyo, however, challenged the CCI ruling in November last year after which the tribunal reportedly stayed the CCI penalty.

January 6, 2023 02:55 IST

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Sebi sends back Oyo’s draft IPO papers

Asks travel tech firm to refile with updates & revisions

January 4, 2023 06:15 IST

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Sebi returns OYO’s draft IPO papers; asks to refile with updates

OYO filed preliminary documents with the Securities and Exchange Board of India (Sebi) in September 2021 for a Rs 8,430…

January 3, 2023 17:46 IST

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