Oyo
TMT
SoftBank-backed OYO valued at $9.6 bn as Microsoft invests $5 mn
Microsoft Corporation has invested nearly $5 million (Rs 37 crore) in Ahmedabad-based Oravel Stays which owns and operates budget...
Finance
Stressed Assets Wrap: Bankruptcy resolutions continue to move at snail's pace in July
The sluggish pace of bankruptcy resolution seen in May and June worsened in July even as several massive haircuts came ......
TMT
Microsoft looks to tap into Oyo before its potential IPO
Microsoft Corp is in advanced talks to invest in Indian hotel chain Oyo at a $9 billion valuation, a source ......
TMT
Oyo sees recovery in India picking pace, offers no timeline to IPO
India's Oyo Hotels and Homes chief executive said on Wednesday the SoftBank-backed hospitality startup's business was...
TMT
Budget hotels aggregator Treebo raises growth round led by French firm Accor
Budget hotels aggregator Treebo has raised a growth round of Rs 118 crore (approximately $16 million) from a group of ......
TMT
Arbitral tribunal rules in favour of Zostel in OYO-Zostel deal, OYO to challenge ruling
An arbitral tribunal on Saturday ruled in favour of Zostel Hospitality, which runs Zostel Hostels and ZO Rooms, in the ......
Consumer
OYO venture in Latin America to turn digital-only, SoftBank moves out
Budget hospitality startup OYO on Friday said it will change its current hotel service model in the Latin American region ......
Consumer
OYO appoints new CTO, rejigs top brass to strengthen global business
SoftBank-backed hospitality chain OYO Hotels and Homes has reorganised its leadership team across verticals and geographies to...
General
OYO secures fresh cheque, onboards new director for European vacation homes biz
Budget hotel aggregator OYO on Monday said it has received an investment from Martin Söderström, with the Swedish businessman...
Consumer
Oyo secures funding from Hindustan Media Ventures
SoftBank-backed hospitality chain Oyo has raised Rs 54 crore ($7.4 million) in fresh funding from Hindustan Media Ventures amid...
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