Blogs / News

Investing in the unlisted market can offer unique opportunities for investors looking to diversify their portfolio and potentially earn significant returns.

08 Aug, 2024,

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OYO Acquires Paris-Based Checkmyguest: Expanding Footprint in European Rental Market

By acquiring Checkmyguestlster its presence in the European rental market, Softbank-backed Indian hospitality giant OYO has acquired Paris-based rental management company Checkmyguest. This acquisitio ...

07 Aug, 2024,

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OYO to Introduce 25 New Premium SUNDAY Hotels

Oravel Stays, the parent company of OYO, announced plans on Tuesday to expand its premium offerings by launching 25 new hotels under the 'SUNDAY' brand within the current financial year. This initiati ...

18 Jul, 2024,

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Oyo Seeks Fresh Funding of INR 1,000 Crore Amid Valuation Drop and Strategic Shifts

Oyo, the Indian startup known for its budget hotel aggregation services, is in advanced discussions to raise INR 1,000 crore (USD 120 million) in new funding. This initiative follows Oyo’s decis ...

15 Jul, 2024,

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Sumer Juneja Set to Join Oravel Stays Ltd's Board as Non-Executive Director

Oyo's parent company, Oravel Stays Ltd, is preparing to appoint Sumer Juneja, Managing Partner and Head of EMEA & India Investing at SoftBank Vision Fund, as a non-executive director on its board. ...

03 Jul, 2024,

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Oyo Secures Rs 416.85 Crore Investment from InCred Wealth

Oyo, the Gurugram-based hospitality firm, has successfully raised Rs 416.85 crore (about $50 million) from InCred Wealth and Investment, marking its first major fundraising event in almost three years ...

24 Jun, 2024,

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Oyo Launches First Luxury Hotel in Dubai to Attract Indian Travelers

On Monday, Oyo, a prominent travel technology platform, announced the opening of its first luxury hotel in Dubai, named Palette Royal Reflections Hotel and Spa. This development aligns with Oyo's broa ...

17 Jun, 2024,

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Oyo Seeks Over ₹1,000 Crore from Prominent Indian Investors Amid IPO Withdrawal

Oyo, after pulling back its initial public offering (IPO) application last month, is in advanced talks to secure over ₹1,000 crore from the family offices of notable Indian corporate figures and sto ...

10 Jun, 2024,

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OYO Launches 'Kya Baat Kar Rahe Ho' Campaign to Highlight Premium Hotel Services

OYO has unveiled its newest campaign film, 'Kya Baat Kar Rahe Ho', spotlighting its premium, company-serviced hotels. This initiative aims to enhance the guest experience through innovative features l ...

31 May, 2024,

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OYO Achieves Profitability in FY2023-24, Announces Founder Ritesh Agarwal

OYO, the online travel aggregator, has reported its first profitable fiscal year in 2023-24, according to founder Ritesh Agarwal on social media platform X. The company recorded a net profit of approx ...