Hospitality platform Oyo has secured INR 550 crore (approximately USD 65 million) in fresh funding from Redsprig Innovation Partners, an affiliate of its founder Ritesh Agarwal. The infusion was ...
Oyo, once one of SoftBank’s most prominent ... overseas expansion and legal disputes — epitomize India’s venture-funding-fueled boom that fizzled as investors turned their focus on ...
Oyo's IPO has been in focus for years. Its profitability and subsequent stable situation is indicative of the robust Indian hotel industry. At the inaugural Skift India Summit held at The Leela ...
OYO is said to be actively looking for a pre ... Top sources privy to the ongoing funding developments within the company said that the company has raked in $100 Mn from a clutch of investors ...
A member of the House of Representatives, Olamijuwonlo Alao-Akala, has praised President Bola Tinubu for approving funds to complete the dualisation of the Oyo-Ogbomoso expressway. Alao-Akala ...
The Oyo State government is partnering the National Identity Management Commission, (NIMC), and the National Social ...
Oyo's new focus on customer support could help, but its relaxation of brand standards in the budget sector could have big reputational risks. Share When hotels previously signed up with Oyo, they ...
Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here. India’s Oyo Hotels is speeding up plans for an initial ...
Oyo Hotels is accelerating its IPO plans as a significant debt repayment deadline looms. Creditors demand founder Ritesh Agarwal settle $383 million of his $2.2 billion loan by year-end unless Oyo ...