Following ongoing criticism, OYO, the popular hotel booking platform, has announced new documentation requirements for room bookings to address concerns and ensure responsible hospitality. OYO, a ...

While the core idea is to standardize food across its properties, Oyo may list its cloud kitchen brands on Swiggy and Zomato.Oyo was in advanced talks to buy a stake in cloud-kitchen startup ...

Now, Oyo is stepping back from its image as a refuge for hookups. This month, it revised its policy guidelines to give some partner hotels the discretion to deny rooms to young couples unless they ...

New Delhi: Hotel chain Oyo Rooms said it would raise $1 billion from Japan’s SoftBank Vision Fund and other investors, making it India’s second-most valuable start-up after Paytm, and the ...

Oyo, a popular hotel-booking platform in India, known for providing privacy for young, unmarried couples, is now allowing partner hotels in Meerut to deny rooms to couples without proof of ...

But the startup’s loss has widened, too. Its consolidated loss at $335 million in FY19 rose over sixfold from $52 million in FY18. In India, where Oyo clocked $604 million in revenue in FY19 (up ...

Oyo — whose latest $5bn valuation is the third-highest to emerge from a recent wave of foreign funding into Indian start-ups — is unusual among its peers in not having an obvious counterpart ...

The mystery over the supposed acquisition of rival Zo Rooms by budget hotel chain OYO deepened on Friday with both sides making divergent claims.Earlier in ...

The 22-year-old has signed contracts to add 100,000 rooms to OYO’s exisiting 65,000. In the next five years OYO will have a million rooms, cornering a third of the market.

Budget hotel aggregator Oyo Rooms is closing a $90-million financing round, split into two tranches, led by its largest shareholder SoftBank, people familiar with the matter said.