OYO Rooms

Friday, Apr 26, 2024 | Last Update : 03:58 AM IST

As part of a Series-F funding, RA Hospitality Holdings will infuse approximately USD 700 million as primary capital in the company, with the balance USD 800 million being supplemented by other existing investors, OYO Hotels and Homes said in a statement.

OYO to raise USD 1.5 billion in latest round of funding

As part of a Series-F funding, RA Hospitality Holdings will infuse approximately USD 700 million as primary capital, said OYO.

07 Oct 2019 2:16 PM

Company has allocated approximately USD 100 million out of the USD 600 million earlier committed to being invested in China.

Oyo crosses 5 lakh room inventory in China, to invest USD 100 mn in 2 yrs

Oyo also claimed that it has now become the largest single hotel brand in China

25 Jun 2019 3:33 PM

OYO currently has a presence in over 259 cities with 8,700 hotels and homes and more than 173,000 keys in India.

OYO woos biz travellers with collection O; ups investment

OYO Hotels & Homes is now present in 10 countries, over 500 cities and has over 18,000 hotels and homes with 515,000 rooms.

13 Mar 2019 12:42 AM

At OYO, 700 technology experts and engineers have developed over 20 in-house products helping 10,000 plus asset partners globally.

OYO to hire over 2,000 tech experts, engineers by 2020

At present, the company offers multiple app-based solutions for its customers, employees and asset partners.

21 Sep 2018 3:22 PM

OYO had last month raised over Rs 1,600 crore in a fresh round of funding led by SoftBank Vision Fund, Sequoia India.

OYO calls off acquisition talks with ZO Rooms

OYO operates in more than 230 cities across India, Malaysia and Nepal.

27 Oct 2017 2:39 PM

OYO on Thursday said it has raised USD 250 million (over Rs 1,600 crore) in a fresh round of funding led by its existing investors and Hero Enterprise.

Oyo raises USD 250 million in fresh round of funding

The company plans to use the funds to expand its presence in India and South-East Asia.

07 Sep 2017 6:45 PM

Online hotel aggregator OYO has said it has cut losses to an estimated Rs 325 crore in FY17.

OYO reduces losses to Rs 325 crore in FY17

OYO posted its highest grossing months with total booking value touching nearly USD 100 million.

29 Jul 2017 8:03 PM

On the company's performance during the current year, he said the growth would be 2.5 to 3 times more that that of last year.

Oyo to add over 200 townhouse hotels by end 2017

Oyo plans to add 60 hotels across seven cities in the South by end of 2017.

10 May 2017 7:19 PM

The association will enable customers of Hathway Digital cable in paying their bills within seconds using MobiKwik app.

Hathway Digital Cable announces partnership with MobiKwik

MobiKwik has over 55 million plus users on its platform and currently powers payments for IRCTC, NHAI, GSRTC and many more.

05 Apr 2017 5:06 PM

1 of 1

Columns

Sunil Gatade

Sunil Gatade | Is the absence of a ‘big idea’ hurting the BJP?

Analysis reveals Prime Minister Modi's diminishing impact as opposition highlights governance failures and divisive tactics.

Dilip Cherian

Dilip Cherian | Wheels of discord: IPS officer in Haryana has an odd complaint

Senior IPS Officer Y. Puran Kumar Raises Eyebrows with Complaint of Car Discrimination Amid Lok Sabha Elections

Sanjeev Ahluwalia

Sanjeev Ahluwalia | The choice in Elections 2024: A grand spectacle or a wake?

Modi's "Guarantee 2024" vs Congress' "Nyay Patra" - A Clash of Narratives

Aakar Patel

Aakar Patel | If India becomes a Hindu Rashtra, will there be any difference at all?

Exploring the historical context and implications of the term "Hindu Rashtra" in light of constitutional and legal frameworks.

MOST POPULAR

1

2

3

4

5

Columns