April 22nd, 2020Online hotel room booking platform OYO informed employees about their 25 percent salary cut and asked some staff to go on a four-month leave amid Coronavirus breakdown.
December 2nd, 2019
Indian Hospitality firm OYO has elevated Aditya Ghosh, currently chief executive officer (India & South Asia) for the hotels and homes business, as a member of its board of directors.
Rohit Kapoor, currently CEO of the new real estate businesses of the company, has been appointed as CEO (India & South Asia) for OYO Hotels...
September 21st, 2019
OYO Hotels & Homes, the world’s third-largest and fastest-growing hotel chain, is excited to announce hitting the milestone of more than 100 hotels in the USA. This is a major landmark for the young hotel startup and a testament to how the company is continuing to maintain its growth momentum.
Since formally announcing its...
July 20th, 2019OYO founder Ritesh Agarwal has signed a deal to buy back shares worth $2 billion (nearly Rs 13,770 crore) from early-stage investors like Lightspeed Venture Partners and Sequoia India.
December 24th, 2018
OYO Hotels & Homes is “well-capitalised” and will be doubling down on growth in its home market of India. From the ongoing funding round, it plans to invest a fifth, or $200 million, in Asia’s third-largest economy.
The SoftBank-backed company, which is in the process of raising $1 billion (Rs 7,000 crore) from a...
