Oyo Rooms Archives | Platform to Showcase Innovative Startups and Tech News

Oyo stays Adamant as Zostel claims Victory in a Legal Row

Zostel Hospitality PVT Ltd, which owns hostel aggregator platform Zostel and budget room aggregator Zoom Rooms, claimed on Sunday that it has...

2.5K

News

Ritesh Agarwal starts his own Personal Investment company

What is common between Sachin Bansal, Binny Bansal, Kunal Bahl, Rohit Bansal and Vijay Shekhar Sharma. Apart from the fact that they...

1.7K

News

Oyo goes for Fresh Layoffs in the US: Report

Oyo has handed pink slips to hundreds of employees across different verticals in the fresh lay off exercise, according to Economic Times...

1.7K

News

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...

1.9K

Funding News

Oyo may have Already Started Laying Off Employees; Over 3000 Workers Laid Off

Last week Oyo Rooms confirmed the worst fears of economic slowdown and consolidation finally hitting the Indian startup industry, after the Gurgaon...

2.4K

News

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...

2.3K

Funding News

Ritesh Agarwal now Officially Owns 30% Stake in OYO Rooms

Ritesh Agarwal now enjoys unprecedented control over OYO Hotels and Homes – a company that he founded way back in 2013. The...

1.9K

News

Drivezy strikes Commercial Agreement with OYO for Vehicle Sharing

Self-driving car and bike rental startup Drivezy has entered in a commercial agreement with hospitality chain major Oyo Hotels & Homes, which...

2.7K

Acquisitions

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...

2.0K

Funding News

Japanese Consortium will Fund Agarwal’s $2 Bn Buyback in Oyo

Japanese financial services Nomura and Mizuho will be part of the three member consortium team that will finance Ritesh Agarwal’s buyback proceedings...