Oyo Records First-Ever Profitable Year With Rs 229 Crore In FY24
Hotel Chain Unicorn, OYO, said that it made ₹229 crore in its first-ever net profit for the fiscal year that concluded in March. The founder of OYO, Ritesh Agarwal, admitted…
We have asked about 15-20% of the workforce to move to a different career: OYO’s Rohit Kapoor
After weeks of speculation, OYO‘s India and South Asia CEO Rohit Kapoor has cleared the air around the layoffs in an interview with the ET. Calling these layoffs a one-time…
Hospitality unicorn startup Oyo raises $6.9 million in debt funding from MyPreferred Transformation; to upgrade quality of living spaces in India
Oyo, a hospitality unicorn startup, has secured $6.9 million (approx INR 50 crore) in debt funding from MyPreferred Transformation, a joint venture between Oyo, Avendus Finance, and Japan-based SoftBank, reported…
Harshit Vyas appointed as new Chief Business Officer for hospitality chain Oyo
Harshit Vyas has been appointed as a new Chief Business Officer (CBO) for hospitality startup Oyo Hotels & Homes, reported Mint. The company Oyo said that the present appointment is…
Hospitality unicorn Oyo’s co-living segment Oyo Life to set up 100,000 beds across major cities by 2019
Oyo Life, a co-living segment of the famous hospitality unicorn Oyo, has planned to set up 100,000 beds across major cities by the end of 2019, reported ET. The SoftBank-funded…
Oyo launches operations in Japan in partnership with SoftBank Group
Oyo, a hospitality unicorn startup, based out of Gurugram, has commenced operations in over 100 hotels across Japan, reported ET. The launch has been initiated by Oyo’s Japanese arm in…
Oyo launches online portal SuperAgent for travel agents to book accommodation faster
After mastering the presence across India and in global market, Oyo Hotels and Homes, India’s fastest growing hospitality unicorn startup, has started an online portal for travel agents called ‘SuperAgent,’…
Oyo’s valuation touches $10 billion after investment from founder Ritesh Agarwal, SoftBank
Setting a benchmark for the emerging startups in India, Oyo Hotels and Homes, a unicorn hospitality platform, has bagged $1.5 billion (approx INR 10,650 crore), its largest funding to date…
Oyo to raise $1.5 billion in series F funding from RA Hospitality Holdings, other investors
OYO Hotels and Homes, a hospitality chain and unicorn startup, based out of Gurugram, will raise $1.5 billion (approx INR 10,650 crore) as part of its series F funding round,…
Oyo’s Customer first approach to help strengthen global brand image : Aditya Ghosh, CEO
In a conversation with ET, Aditya Ghosh, CEO, India & South Asia, Oyo Hotels & Homes, said that the country’s fastest growing hospitality giant is all set to be one…