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Oyo sees recovery in India picking pace, offers no timeline to IPO

TMT

08 July, 2021

Oyo sees recovery in India picking pace, offers no timeline to IPO

India's Oyo Hotels and Homes chief executive said on Wednesday the SoftBank-backed hospitality startup's business was likely to return to ......

Budget hotels aggregator Treebo raises growth round led by French firm Accor

TMT

30 June, 2021

Budget hotels aggregator Treebo raises growth round led by French firm Accor

Budget hotels aggregator Treebo has raised a growth round of Rs 118 crore (approximately $16 million) from a group of ......

Arbitral tribunal rules in favour of Zostel in OYO-Zostel deal, OYO to challenge ruling

TMT

08 March, 2021

Arbitral tribunal rules in favour of Zostel in OYO-Zostel deal, OYO to challenge ruling

An arbitral tribunal on Saturday ruled in favour of Zostel Hospitality, which runs Zostel Hostels and ZO Rooms, in the ......

OYO venture in Latin America to turn digital-only, SoftBank moves out

Consumer

12 February, 2021

OYO venture in Latin America to turn digital-only, SoftBank moves out

Budget hospitality startup OYO on Friday said it will change its current hotel service model in the Latin American region ......

OYO appoints new CTO, rejigs top brass to strengthen global business

Consumer

29 January, 2021

OYO appoints new CTO, rejigs top brass to strengthen global business

SoftBank-backed hospitality chain OYO Hotels and Homes has reorganised its leadership team across verticals and geographies to strengthen its global ......

OYO secures fresh cheque, onboards new director for European vacation homes biz

General

11 January, 2021

OYO secures fresh cheque, onboards new director for European vacation homes biz

Budget hotel aggregator OYO on Monday said it has received an investment from Martin Söderström, with the Swedish businessman also ......

Oyo secures funding from Hindustan Media Ventures

Consumer

08 January, 2021

Oyo secures funding from Hindustan Media Ventures

SoftBank-backed hospitality chain Oyo has raised Rs 54 crore ($7.4 million) in fresh funding from Hindustan Media Ventures amid signs ......

Byju's backer Lightspeed India Partners raises third fund, expands team

Finance

18 August, 2020

Byju's backer Lightspeed India Partners raises third fund, expands team

Lightspeed India Partners, which has backed startups such as Byju’s, Oyo and ShareChat, said on Tuesday it has raised $275 ......

Startups get creative as coronavirus crisis fuels funding crunch

TMT

11 May, 2020

Startups get creative as coronavirus crisis fuels funding crunch

Samik Sarkar was managing to eke a profit out of his online apparel store before the coronavirus crisis hit India, ......

SoftBank-backed Oyo to offload more loss-making hotels amid pandemic

TMT

30 April, 2020

SoftBank-backed Oyo to offload more loss-making hotels amid pandemic

India’s Oyo Hotels and Homes, backed by SoftBank Group, plans to offload more properties around the world, three sources familiar ......