Hyderabad based Hospitality Firm Drags Oyo to NCLT: Report

Conclave Infratech, a hospitality firm headquartered in Hyderabad, has moved an insolvency application in National Company Law Tribunal’s (NCLT) Ahmedabad chapter against Oravel Stays – the parent company of Oyo Rooms. Image Source: Ritesh Agarwal's official Twitter handle According to Economic Times (ET), Conclave Infratech has moved the insolvency application citing breach of contract by Oyo. Conclave…

ByGirish ShettiMarch 2, 20200Comments

Oyo May Soon Fire Nearly 20% of its Indian Workforce: Report

The year 2020 might prove to be the year when Indian startups will have to wake up from their slumber and smell the coffee. And the ongoing economic slowdown may only further increase the vulnerability of Indian startups that are already under enormous pressure to streamline their balance sheet. The first cracks of this vulnerability…

ByGirish ShettiJanuary 14, 20200Comments

OYO’s Success Story will now Echo in Harvard Class Rooms

It is no secret that today the stories of Oyo Rooms’ stellar success have become part of curriculum studies across several Indian business schools. But now the anecdotes of Oyo’s inspirational journey will also be taught at Harvard Business School, one of the world’s most prestigious business schools. Harvard has agreed to induct a case…

ByGirish ShettiJanuary 2, 20200Comments

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