Ritesh Agarwal Planning Share Buyback to Counter SoftBank’s Boardroom Influence

Ritesh Agarwal, founder & CEO of Oyo Hotels & Home, is staging a comeback plan that is likely to overhaul the ownership pattern in the Gurugram based startup. The 26 year old founder is planning to start a share buyback process in order to consolidate his ownership in the company, according to media reports. Oyo's founder…

ByGirish ShettiJuly 8, 20190Comments

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Aditya Ghosh: The man who said No to ‘Tatas’ for ‘Oyo Rooms’

Aditya Ghosh is no stranger to taking risky decisions and big bets. After all, it was his unflinching penchant for taking risky decisions that proved instrumental in transforming Indigo Airlines into one of the topmost budget airline companies in the world. Now Ghosh will be expected to walk the same line of fire with great…

ByGirish ShettiNovember 16, 20180Comments

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Oyo continues with International Expansion, all set to enter Japan

Continuing with its strong international expansion, Oyo Rooms has now announced that it is all set to test waters in Japan. The news has come barely weeks after the budget hotel startup announced its foray into the U.K market. The company currently boasts presence in international markets like Nepal and Malaysia and is in the…

ByGirish ShettiOctober 9, 20180Comments

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SoftBank backed Oyo Rooms starts Operation in China

Oyo Rooms starts operation in China. Budget hotel provider Oyo Rooms on Wednesday officially announced its foray into China’s burgeoning hospitality industry. This is Softbank backed startup’s third foreign venture as it has already forayed into Nepal and Malaysia’s hospitality market. Oyo Rooms said that its current chain of hotels in China compromises of 11,000 exclusive…

ByGirish ShettiJune 21, 20180Comments

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