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SoftBank-backed OYO acquires Innov8 to expand co-working business

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16 July, 2019

SoftBank-backed OYO acquires Innov8 to expand co-working business

OYO Hotels & Homes has bought co-working space provider Innov8 to expand in the fast-growing segment, as the hospitality unicorn ......

SoftBank-backed OYO buys @Leisure Group in biggest overseas deal by an Indian startup

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01 May, 2019

SoftBank-backed OYO buys @Leisure Group in biggest overseas deal by an Indian startup

OYO has acquired a majority stake in European vacation rental company @Leisure Group from German media house Axel Springer SE, ......

OYO raises money from Didi Chuxing to close $1 bn funding round

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14 February, 2019

OYO raises money from Didi Chuxing to close $1 bn funding round

Budget hospitality chain OYO has raised $100 million (Rs 709.4 crore at current exchange rate) from Chinese ride-hailing firm Didi ......

Singapore-based technology firm Grab invests $100 mn in OYO

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05 December, 2018

Singapore-based technology firm Grab invests $100 mn in OYO

Budget hospitality chain OYO has raised Rs 732 crore ($104 million at current exchange rates) from Singapore-based ride-hailing company Grab ......

SoftBank-backed OYO buys AblePlus in second takeover deal

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10 July, 2018

SoftBank-backed OYO buys AblePlus in second takeover deal

Budget hospitality chain OYO has bought Mumbai-based Internet of Things (IoT) technology company AblePlus Solutions Pvt. Ltd to bolster its ......

We are now on-boarding 10,000 rooms in a month: OYO's Ritesh Agarwal

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22 January, 2018

We are now on-boarding 10,000 rooms in a month: OYO's Ritesh Agarwal

Ritesh Agarwal was one of the youngest Indian entrepreneurs to head a startup valued at $100 million. He arguably could ......

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Snapdeal poaches legal head from another SoftBank-backed startup

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18 January, 2018

Snapdeal poaches legal head from another SoftBank-backed startup

Country’s third largest e-commerce company Snapdeal is set to get a new general counsel to head its legal and regulatory ......

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PE deal of the month: SoftBank leaves little room for doubt with top-up in Oyo

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29 September, 2017

PE deal of the month: SoftBank leaves little room for doubt with top-up in Oyo

Ever since Japanese telecom and Internet conglomerate SoftBank Group Corp raised its mammoth $93 billion Vision Fund in May this ......

Budget hotel marketplace OYO raises $10 mn from China Lodging Group

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13 September, 2017

Budget hotel marketplace OYO raises $10 mn from China Lodging Group

Chinese hotel operator China Lodging Group Ltd has picked up less than 5% stake in budget hotel marketplace OYO Rooms ......

Oyo raises $250 mn in Series D round from SoftBank, Hero promoters & others

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07 September, 2017

Oyo raises $250 mn in Series D round from SoftBank, Hero promoters & others

Branded budget hotels marketplace OYO has raised $250 million (Rs 1,600 crore) in a Series D round of funding led ......