OYO makes room for business travellers
The brand, priced higher than the more pocket-friendly OYO Rooms, is targeted at millennial business travellers and offers amenities like a café, 24/7 kitchen, printer, white boards and other business services.
OYO claims to be second-largest hotel group in China
OYO Jiudian, the Chinese subsidiary of the SoftBank-backed hospitality chain, said it is...
Oyo founder Ritesh Agarwal set to raise stake to 30% in $2.2 billion transaction
Oyo boss is set to buy stake from Sequoia, Lightspeed and in...
Puravankara forays into co-living space; to develop first project in Mumbai
The Bengaluru-based company has identified a project in Goregaon, Mumbai to enter into this growing segment, its MD Ashish R Puravankara said.
Oyo buys co-working firm Innov8, eyes 50 centres by year-end
As part of the acquisition, Oyo will also onboard an estimated 150 Innov8 employees on to its rolls.
Oyo eyes $10bn valuation in new $1bn funding round
This Indian startup is now world’s sixth biggest hospitality company; majority of the revenues for the company also come outside India.
Funding winter is coming, DSG warns its firms
In an email, VC firm’s MD warns founders to tighten belts as the economy continues to contract resulting in consumers spending less.
July M&A value dips 52.7 per cent to USD 4.3 billion amid global trade tensions: Report
According to Grant Thornton's monthly M&A Dealtracker, as many as 39 deals worth USD 4.3 billion were reported in July against 49 transactions worth USD 9.1 billion in the year-ago period.
Oyo's Chinese arm to up inventory to 500,000 rooms, list on Ctrip
China, Indonesia, UK big growth markets, says Oyo global chief strategy officer.
Oyo to partner with other companies for acquiring, leasing or managing four star hotels in India
Anchored by SoftBank, Oyo is in talks to raise another round of funds in the range of $1-1.5 billion at a valuation of $12.5 billion.
OYO launches Cash in Bank initiative for asset owner-partners
Currently, OYO Hotels and Homes has over 9,000 asset owner-partners spread across nearly 260 cities in India.
OYO launches OPEN programme for asset owners
The company said the programme will include 6 core partner promises that the company is making to its asset partners
ET Startup Awards Alumni: Where are they now?
Here is a look at some of the past winners of the Economic Times Startup Awards.
OYO launches OYO Home in Dubai
OYO currently operates over 3,000 fully-managed residential accommodation in India across 25 cities.
Airbnb checks into Oyo with $75 m in tow
The investment brings to an end Oyo’s nearly $1.1-billion Series-E funding round that saw participation from SoftBank Vision Fund, Didi Chuxing and Grab.
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