Oyo in talks to Acquire Lovely University’s Student Hostel Assets: Report

India’s largest hospitality company and budget hotel major Oyo Rooms is reportedly in advanced talks to acquire student accommodation assets of Lovely Professional University (LPU). The student accommodation assets is said to be located in one of LPU’s largest campuses and this tentative deal is touted to be around $200 Mn. Oyo may acquire Lovely University’s…

ByGirish ShettiSeptember 4, 20190Comments

OYO’s acquisition spree continues, acquires Mumbai based Weddingz: Report

OYO Rooms appears to be on an adventurous journey as the company continues with its acquisition spree. This time India’s largest hospitality company has acquired Weddingz, an online marketplace for wedding venues and vendors. The latest acquisition marks OYO’s third acquisition of the year as the SoftBank backed company continues to pursue aggressive expansion strategy. The…

ByGirish ShettiAugust 11, 20180Comments

OYO Rooms makes second acquisition, acquires IOT startup AbePlus

OYO ROOMS acquires acquires IOT startup AbePlus. Budget hospitality startup OYO Rooms has made its second acquisition after it acquired AbePlus, an Internet of Things (IOT) startup headquartered in Mumbai. However, OYO Rooms has refused to disclose the valuation of the deal. This acquisition will help OYO in developing an ecosystem aided by breakthrough technologies like IOT…

ByGirish ShettiJuly 11, 20180Comments

Best Choice for Creatives