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OYO’s mid-segment sees 92% traction in 3 months; attracts over 300 corporate brands

OYO’s mid-segment sees 92% traction in 3 months; attracts over 300 corporate brands

Fri, Jul 12, 2019

With 85 percent occupancy on average, Collection O, OYO's mid-segment portfolio, has witnessed a 92 percent traction from repeat customers in India in the previous quarter (April - June 2019), the startup said.

GoAir smart deals: Flyers can avail OYO, Myntra, ZoomCar offer till this date!

GoAir smart deals: Flyers can avail OYO, Myntra, ZoomCar offer till this date!

Tue, Jun 18, 2019

GoAir has come out with an amazing scheme under which flyers can book their flight tickets on GoAir website or GoAir app to avail these fabulous offers provided by OYO, Myntra and ZoomCar.

OYO to acquire Amsterdam-based @Leisure Group for $415 mn

OYO to acquire Amsterdam-based @Leisure Group for $415 mn

Wed, May 01, 2019

Hospitality firm OYO has agreed to acquire Amsterdam-based vacation rental company @Leisure Group from Axel Springer for an estimated USD 415 million (over Rs 2,885 crore).

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OYO Near You: OYO unveils new initiative for customers

OYO Near You: OYO unveils new initiative for customers

Mon, Apr 22, 2019

Hospitality firm OYO Monday said it has launched a new initiative 'OYO Near You' through which it will curate experiences for customers in Delhi-NCR.

Oyo Jobs! This startup generated 100,000 jobs, says will double it in 2020

Oyo Jobs! This startup generated 100,000 jobs, says will double it in 2020

Wed, Apr 10, 2019

Hospitality firm OYO today said it has created over a lakh direct and indirect jobs in India and is aiming to double the number by 2020.

Best companies to work for in India: Flipkart, OYO, Paytm, Swiggy among Top 10

Best companies to work for in India: Flipkart, OYO, Paytm, Swiggy among Top 10

Sun, Apr 07, 2019

Best companies to work for in India: The job scenario, as well as preferences of job seekers, have changed these days as compared to what it was a decade back.

Airbnb to invest $100-200 million in OYO - What we know so far

Airbnb to invest $100-200 million in OYO - What we know so far

Mon, Apr 01, 2019

Home-renting company Airbnb will invest between $100 and $200 million in SoftBank Group-backed Indian hotel start-up OYO.

OYO threat: Boycott of bookings by hotels will invite legal action

OYO threat: Boycott of bookings by hotels will invite legal action

Fri, Jan 11, 2019

Hospitality firm OYO Thursday said it would take strict legal action for breach of contract against any hotel on its platform that boycotts bookings under the influence of small vested interest groups.

FHRAI warns OYO of action for contract breaches; firm strongly denies allegation

FHRAI warns OYO of action for contract breaches; firm strongly denies allegation

Mon, Dec 10, 2018

After putting online travel aggregator MakeMyTrip on notice, the Federation of Hotel and Restaurant Associations of India (FHRAI) Monday warned OYO of action, alleging large-scale breach of contracts, jeopardising consumers safety and violation of laws by the hospitality firm.

'Couples,solo travellers make 45% of winter vacation bookings'

'Couples,solo travellers make 45% of winter vacation bookings'

Thu, Oct 25, 2018

Goa, Jaipur, Udaipur, Mumbai, Kolkata, Delhi and Shimla have emerged as the most preferred domestic destinations for couples and solo travellers for the upcoming winter vacations, with over 45 per cent travel bookings made by them, a report said.

Oyo to offer 10,000 jobs in UAE; expands international presence

Oyo to offer 10,000 jobs in UAE; expands international presence

Mon, Oct 15, 2018

India's largest hospitality company currently operates 1,200 rooms in the UAE and reportedly aims to have 12,000 keys added to its UAE portfolio by 2020. The company hopes the number of hotels under franchise and lease management will reach 150 across the UAE by 2020, said the report, adding that the firm operates rooms in Dubai, Sharjah and Fujairah.

India venture capital market saw investments of over $2 bn: KPMG

India venture capital market saw investments of over $2 bn: KPMG

Sun, Oct 14, 2018

India's venture capital market saw large sequential growth during the third quarter of 2018 with over USD 2 billion being invested, according to a report by KPMG.

SoftBank, others hand over $1 bn to OYO chief Ritesh Agarwal

SoftBank, others hand over $1 bn to OYO chief Ritesh Agarwal

Wed, Sep 26, 2018

OYO founder and chief executive officer Ritesh Agarwal on Tuesday made a major mark in the Indian start-up space when the new-age firm for booking reliable rooms announced raising $1 billion in the Series E round.

This 24-year-old Indian has raised Rs 7200 crore to expand footprints in China, UK and more

This 24-year-old Indian has raised Rs 7200 crore to expand footprints in China, UK and more

Tue, Sep 25, 2018

Oyo Hotels, an Indian startup for booking reliable rooms online, on Tuesday announced a capital raise of USD 1 billion.

OYO traps the Chinese market, starts operations in 26 cities

OYO traps the Chinese market, starts operations in 26 cities

Wed, Jun 20, 2018

Hospitality firm OYO today said it has forayed in China as part of its overseas expansion plans, reports PTI. The company said in a statement that after its successful venture into Nepal and Malaysia, China is OYO's third overseas market.

WhatsApp for Business: BookMyShow now sends confirmatory messages for movie tickets via this app; here’s what’s next

WhatsApp for Business: BookMyShow now sends confirmatory messages for movie tickets via this app; here’s what’s next

Fri, Sep 01, 2017

WhatsApp has rolled out its WhatsApp for Businesses with BookMyShow. With WhatsApp Payments will the app become one-stop shop for businesses in India?

Bengaluru, Delhi, Mumbai start-ups received nearly 80% of funding deals in last 5 years

Bengaluru, Delhi, Mumbai start-ups received nearly 80% of funding deals in last 5 years

Wed, Aug 23, 2017

Bengaluru and Delhi start-ups received most of the funding during the last 5 years, with a majority of the start-up unicorns in these cities.

PM Modi to meet Paytm, Myntra, BigBasket and 200 startup owners today

PM Modi to meet Paytm, Myntra, BigBasket and 200 startup owners today

Thu, Aug 17, 2017

PM Modi is expected to meet with startup owners in India today.

MobiKwik to invest Rs 300 crore to expand network, grow user base, launch financial services

MobiKwik to invest Rs 300 crore to expand network, grow user base, launch financial services

Fri, Feb 24, 2017

Mobile wallet company MobiKwik announced on Thurday to invest Rs 300 crore in 2017 for funding its loyalty initiatives, expanding its reach and network, and launching other financial services such as loans and investments on its platform.

OYO to expand Asia footprint; introduces concierge service

OYO to expand Asia footprint; introduces concierge service

Sun, Jan 15, 2017

Online budget network of hotels OYO is planning to expand its footprints in South Asia and South East Asia, besides strengthening its service by introducing a concierge service called OYO Captains.

This is how Nikesh Arora led Softbank invested in India

This is how Nikesh Arora led Softbank invested in India

Wed, Jun 22, 2016

SoftBank's investment bucket includes India's e-commerce majors like Snapdeal, OYO Rooms, Housing.com, PayTm and many more.

Softbank’s India plans to continue unhindered, Nikesh Arora assures

Softbank’s India plans to continue unhindered, Nikesh Arora assures

Wed, Jun 22, 2016

With Arora’s exit, the future of these investments and the future strategy of Softbank of India came under clouds.

Keep calm and let Nikesh carry on

Keep calm and let Nikesh carry on

Wed, Jun 22, 2016

It seems, from reading between the lines on what both parties have said is that the terms of Nikesh’s employment had changed.

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