India's Oyo, once valued at $10B, finalizes new funding at $2.5B ...
Jun 16, 2024 · Oyo, the Indian budget-hotel chain startup, is finalizing a fresh fundraise of about $100 million to $125 million that slashes its valuation to $2.5 billion, two people familiar with the matter...
After 75% Fall In Valuation, Oyo Rooms Reports Its First
Aug 14, 2024 · Oyo Rooms might’ve seen its valuation slashed by 75 percent this week, but it’s reached a milestone that’s taken it eleven long years to achieve. Oyo Rooms has reported a PAT (Profit After Tax) of Rs. 229 crore in FY24.
OYO News: Oyo latest news and recent updates - The Economic Times
Oct 20, 2017 · Customers can avail a free night's stay after seven room nights, an additional 5% discount on Oyo's network of over 3,800 Wizard hotels in India, as well as other rewards in the form of Oyo money under Wizard Shark.
Oyo Rooms - Wikipedia
OYO Rooms (stylised as OYO), also known as OYO Hotels & Homes, is an Indian multinational hospitality chain of leased and franchised hotels, homes, and living spaces. [7] [8] [9] Founded in 2012 by Ritesh Agarwal, OYO initially consisted mainly of budget hotels. [1]
India’s Oyo, once valued at $10B, seeks new funding at 70
May 7, 2024 · Oyo, the Indian budget-hotel chain startup, is negotiating with investors to raise a new round of funding that could cut the Indian firm’s valuation to $3 billion or lower, three sources familiar...
OYO Rooms - The Financial Express
May 18, 2024 · OYO Rooms. All. News. Photos. Videos. OYO to buy US hotel brand in $525-mn all-cash deal. Last month, OYO announced it turned profitable in FY24, posting a net profit of Rs 229.5 crore in FY24...
Oyo, once valued at $10 billion, shelves IPO plans for second time
May 22, 2024 · Oyo, backed by SoftBank, Peak XV, Lightspeed, Airbnb and Microsoft, was once hailed as a disruptor in the budget hotel industry.
OYO rooms expansion: Hotel OYO aims to add more than a million rooms …
Nov 27, 2018 · SoftBank-funded start-up OYO Hotels, the largest Indian hotel brand by number of rooms, aims to emerge as the world’s largest hotel brand by adding over a million rooms globally in four to five years.
OYO Rooms - Financial Times
Apr 10, 2020 · Indian start-up Oyo Rooms seeks to build on China success. Stay up-to-date with breaking news and top stories on OYO Rooms. In-depth analysis, industry insights and expert opinion.
OYO Rooms: Latest News Headlines, Videos and Photo Galleries on OYO …
Hospitality tech platform OYO on Tuesday said it has restarted self-operated hotels tagged as 'Managed by OYO' through the company's app and website and is seeking partnerships with real estate developers to identify properties for these hotels.