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Ritesh Agarwal

SoftBank-backed Oyo sees signs of recovery after pandemic pummels travel

TMT

02 September, 2020

SoftBank-backed Oyo sees signs of recovery after pandemic pummels travel

The COVID-19 pandemic will mean holiday-goers will shy away from larger hotels for the foreseeable future in favor of boutiques ......

Former Innov8 exec to head Oyo founder-backed VC firm Aroa Ventures

Finance

30 July, 2020

Former Innov8 exec to head Oyo founder-backed VC firm Aroa Ventures

Ritesh Agarwal, the founder of SoftBank Vision Fund-backed Oyo Hotels and Homes, has floated a venture-stage investment vehicle that will ......

SoftBank-backed Oyo to offload more loss-making hotels amid pandemic

TMT

30 April, 2020

SoftBank-backed Oyo to offload more loss-making hotels amid pandemic

India’s Oyo Hotels and Homes, backed by SoftBank Group, plans to offload more properties around the world, three sources familiar ......

SoftBank-backed Oyo sees signs of recovery in China after coronavirus outbreak

TMT

26 March, 2020

SoftBank-backed Oyo sees signs of recovery in China after coronavirus outbreak

Oyo Hotels and Homes has started to see a recovery in bookings in China, its second-largest market, as the coronavirus ......

SoftBank-backed Oyo lays off over 1,000 employees amid profit push

TMT

14 January, 2020

SoftBank-backed Oyo lays off over 1,000 employees amid profit push

SoftBank-backed (9984.T) Oyo Hotels and Homes is laying off hundreds of employees in India, according to a source and an ......

Grapevine: Top Oyo execs to pool angel bets; Ola looks to raise funding from Microsoft

General

29 October, 2019

Grapevine: Top Oyo execs to pool angel bets; Ola looks to raise funding from Microsoft

Oyo Hotels and Homes CEO Ritesh Agarwal and CFO Abhishek Gupta have likely created a separate vehicle for their personal ......

Oyo to raise $1.5 bn from founder Ritesh Agarwal, existing investors

TMT

07 October, 2019

Oyo to raise $1.5 bn from founder Ritesh Agarwal, existing investors

OYO Hotels & Homes will raise $1.5 billion (about Rs 10,651 crore at current exchange rates) in a Series F ......

SoftBank-backed Oyo faces backlash as some hotels cry foul and check out

TMT

07 October, 2019

SoftBank-backed Oyo faces backlash as some hotels cry foul and check out

India's Oyo Hotels and Homes shot out of nowhere to become one of the world's largest hotel chains with a ......

Premium
How a 10-month lead in backing OYO boosted Lightspeed's returns over Sequoia

Finance

22 July, 2019

How a 10-month lead in backing OYO boosted Lightspeed's returns over Sequoia

Lightspeed Venture Partners is set to outshine Sequoia Capital India in reaping the bumper returns both the venture capital firms ......

Ritesh Agarwal to triple stake in SoftBank-backed OYO for $2 bn

TMT

19 July, 2019

Ritesh Agarwal to triple stake in SoftBank-backed OYO for $2 bn

OYO Hotels & Homes founder and chief executive Ritesh Agarwal on Friday said he will deploy $2 billion (Rs 13,763 ......