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Tag: Oyo

Oyo, MakeMyTrip under probe by India’s competition watchdog

Hotel booking service MakeMyTrip is currently being investigated by India's competition watchdog for alleging giving preferential treatment to SoftBank-backed hotel chain Oyo on its...

Oyo to raise US$1.5 billion in Series F funding

Oyo Hotels & Homes will be raising US$1.5 billion in its latest funding round, of which a significant amount will go towards the company's...

SoftBank and Oyo pick up majority stake in Japan’s MDI

Indian hospitality chain Oyo Hotels & Homes and its principal backer SoftBank Group have jointly acquired an 80 per cent stake in Japanese apartment...

Oyo moves into upscale segment in India

Oyo Hotels & Homes, more associated as a budget and economy hospitality chain, will soon foray into the premium accommodation space when it opens...

Oyo denies cheating charges against founder

Oyo has refuted the allegations that its founder Ritesh Agarwal and several top executives had cheated a Bengaluru hotelier of more than Rp15 million...

Oyo snaps up data science firm specialising in dynamic pricing

India-based Oyo Hotels & Homes has acquired Danamica to leverage the Copenhagen-based data science company's machine learning and business intelligence capabilities, particularly in dynamic...

Oyo touts complimentary insurance cover for guests

Oyo Hotels & Homes has rolled out a complimentary insurance cover for guests as part of the booking price for its properties across India. Launched...

Oyo pushes expansion with new CEO for SE Asia, COO for...

Oyo Hotels and Homes has appointed Mandar Vaidya as the CEO for South-east Asia and the Middle East, two high potential markets where the...

Oyo founder invests US$2 billion to raise stake in company

Oyo Hotels and Homes' founder and CEO Ritesh Agarwal will be investing US$2 billion, through the entity RA Hospitality Holdings (Cayman), to increase his...

Oyo acquires co-working startup for US$30 million

After hotels and homes, Indian hotel startup Oyo is now venturing into the commercial real estate business with the acquisition of Indian co-working venture...

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