Ritesh Agarwal’s online marketplace for affordable stays, OYO Rooms, received $100 million in funding from SoftBank earlier this week. Agarwal is 21, and demographically aligned to a youthful country ...
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The rise of OYO Rooms: From humble beginnings to a global brand
OYO Rooms: A Journey of Success OYO Rooms has gained immense popularity among couples since its inception in 2013. In just ...
Backpacker hostel startup Zostel on Sunday said it has won the three-year legal battle against Oravel Stays, which owns and operates hotel chain OYO, with regards to the alleged breach of a binding ...
It was 1 am by the time Ashwini S, a Bengaluru-based marketing professional, checked into the hotel in Mumbai. Business travel was routine for her and she wasn’t worried as, over the past few months, ...
SoftBank is back investing in India after it lead a $100 million round for OYO Rooms, a two-year-old startup that runs an online marketplace for affordable hotels in the country. The company’s mission ...
Simply sign up to the Indian business & finance myFT Digest -- delivered directly to your inbox. Few of the vegetable sellers outside the Oyo 8210 hotel, on a rundown backstreet in the central Chinese ...
The OYO-ZO Rooms’ battle is now getting fiercer and the ball is steadily moving towards OYO’s court. Reportedly, a Gurugram-based district court has rejected an arbitration petition filed by budget ...
Global travel technology company, OYO’s US operations reported that it has outpaced the budget hotel industry’s per room revenue (RevPar) growth in 2023. While OYO's per room revenue witnessed a ~17% ...
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