From Oyo to Uber, how SoftBank’s $100 billion has left the startup ecosystem weaker
Flush with cash, entrepreneurs operated with scant regard for profit. The whole system eventually overheated.
Tech talent at B-schools set to score high this placement season
Students with engineering degrees, especially those from the computer scienc...
FIR against OYO founder, officials over dues, co. refutes charge
A cheating case has been registered against OYO Hotels & Homes founder Rites...
Cheating case against Oyo founder Ritesh Agarwal, 6 others
Besides Ritesh Agarwal, police have booked Rohit Srivastava, head of OYO South, heads of business development Madhvendra Kumar and Gourab De, OYO Finance Officers Prateek Agarwal, Manjeet Singh and Mrimony Chakraborty.
OYO Life to add 100,000 beds by FY20 end
The co-living arm of OYO group currently operates 40,000 beds across nine cities.
How SoftBank’s Masayoshi Son became poorer by $6 billion
The Vision Fund is believed to be planning to swallow a charge of at least $5 billion.
Prima facie case for investigation against Oyo, Go-MMT: CCI
FHRAI had alleged that the cos have abused their positions, charging excessive commissions from partners.
Oyo to launch Japan hotels in SoftBank JV
The SoftBank-Oyo partnership, Oyo Hotels Japan, will open hotels in over 50 Japanese cities, including Tokyo, Osaka and Kyoto, Oyo said in a statement.
Fight the smog: Anand Mahindra shares solution to stubble burning; Paytm CEO pens poem on Delhi pollution
The OYO boss blamed Delhi citizens for the pungent haze enveloping the city.
Oyo's Ritesh Agarwal, top execs to pool individual angel investments through Raaga Partners
Raaga would be a pooled investment vehicle for founding team at Oyo to make collective bets on select startups. The move mirrors previous efforts by India’s top entrepreneurs- including Snapdeal founders- to create separate vehicles for their personal investments.
OYO Hotels & Homes to expand operations across West Bengal
The startup began Kolkata operations in 2015 and has since then expanded its footprint to over 400 plus hotels and 7,000 rooms.
Electrocution case: Oyo says it is cooperating with police authorities
Oyo's statement follows multiple reports on the death of Priyanshu Kumar, a resident of Dehradun and a national level shooter, and who had travelled to Delhi to participate in a competition.
Oyo sets sights on wedding business
Some of Oyo's offline stores will sell wedding products while others will be experiential in nature to help customers simulate wedding scenarios.
OYO announces launch of an online travel portal for travel agents
Over the course of last four years, Oyo has partnered with close to 12000 travel agents across India and the new portal will simplify the booking experience for travel agents and will help them engage better with consumers.
Oyo Life starts co-living operations in Kolkata
The company hopes to revolutionise the housing and long term rental offerings with its hassle-free, and technology-driven rental housing product in Kolkata.
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