Early investors in Oyo, including Lightspeed Venture Partners, are in talks with a group of family offices to sell part of their stakes in the hospitality startup at a valuation of around $3.9 ...
Amit Chansikar slammed both MakeMyTrip and Oyo Rooms in his post as he had booked the property through both the platforms for over Rs 3,000. Oyo, which began with one hotel in Gurgaon in 2013 ...
Ritesh Agarwal’s journey from dropping out of education and starting his entrepreneurial journey at a very early age, founded Oyo Rooms to becoming a Billionaire, is fascinating for many.
Hotels where rooms don't meet certain minimum benchmarks could damage Oyo's reputation. Oyo hopes to go public in India sometime in 2023. Driven by increased spending on experiences and the ...
He offered Rs 2 crore for a 10% equity stake in Speed Kitchens ... Ritesh Agarwal is the founder and group CEO of OYO Rooms, who brought affordable and trusted accommodation to travellers who ...
Hospitality company OYO is expecting Rs 1,100 crore in net profit ... Agarwal had reportedly borrowed $2.2 billion in 2019 to increase his stake in the organisation and strengthen his control.
Oyo was founded in 2012 by Agarwal and offers holiday homes, casino hotels, and budget hotels. Agarwal holds around 32% of the company’s stake. The largest investor SoftBank owns more than 40%.