OYO increases authorised share capital, Ahead of IPO
Oravel Stays Pvt Ltd, that operates hospitality firm OYO, has approved an increase in the authorised share capital of the company from...
8500+
1950000+
Search
Chethan Machaknur
- Sep 9, 2021
- 1 min
OYO and Microsoft announce strategic alliance to co-develop travel and hospitality products and tech
What's the news? Following Microsoft's strategic equity investment in Oyo, the Gurugram-based hospitality major has announced that it...
Chethan Machaknur
- Sep 9, 2021
- 2 min
Vacation home rental start-up Vista Rooms launches properties in Dubai
Vista Rooms, a home-grown private vacation home rental brand is now all set to expand its services in Dubai by launching 10 premium...
Chethan Machaknur
- Sep 2, 2021
- 1 min
Oyo launches self sign-up service for hotels
What's the news? Oyo has announced the launch of Oyo 360, a service that will allow hotel owners to self sign-up on the platform. This...
Chethan Machaknur
- Aug 25, 2021
- 1 min
Airbnb to offer temporary housing to 20,000 Afghan refugees
What's the news? Airbnb co-founder and CEO Brian Chesky Tuesday announced that the online lodging platform will host 20,000 Afghan...
Chethan Machaknur
- Aug 20, 2021
- 1 min
Microsoft invests $5 Mn in OYO at a valuation of $9.6 Bn
What's the news? Microsoft has invested $5 Mn in hotel and hospitality business OYO, reportedly at a valuation of $9.6 Bn. This...
-
- May 19, 2021
- 1 min
Hospitality Tech startup Upswing raised $150K from Australia's Framed Venture Capital
What is the news ? Pune-based Upswing startup for the hospitality and travel industry that provides its customers with data-driven...
-
- May 12, 2021
- 1 min
OYO launches Vaccine Aid feature to show vaccination status of hotel staff on its on app
●What is the news ? ▪︎In the wake of the second wave of the COVID-19 pandemic in India, hospitality major OYO has rolled out Vaccine...
Chethan Machaknur
- Apr 28, 2021
- 1 min
OYO announces OYO Care feature for COVID-19 quarantine and isolation cases amongst guests
OYO has launched OYO Care feature on its mobile app where users can book quarantine as well as isolation facilities for COVID-19 patients...
Chethan Machaknur
- Apr 7, 2021
- 1 min
Oyo did not apply for bankruptcy, clarifies CEO
Several news reports on Tuesday said that Hospitality firm OYO has applied for bankruptcy under IBC 2016. However, the company's CEO...
-
- Mar 15, 2021
- 1 min
OYO Is exiting loss-making ventures, including OYO Life
In spite of raising more than $800 mn from SoftBank and RA Holdings in 2020 and $7.5 mn from Hindustan Media Ventures earlier this year,...
-
- Mar 13, 2021
- 1 min
Sequoia-backed Stanza Living seeking to raise funds at $600 mn valuation
Stanza Living, a managed accommodation provider in India, is in the final stages of sealing a deal to raise up to $120 mn in a Series D...
Chethan Machaknur
- Mar 10, 2021
- 1 min
CCI orders MakeMyTrip to relist Treebo, FabHotels Properties
Competition Commission of India (CCI) has directed MakeMyTrip to allow budget hotel companies Treebo and FabHotels to relist their...
Chethan Machaknur
- Mar 9, 2021
- 1 min
Amazon expands its food delivery business in India amid FDI violations controversy
Amazon India had started conducting its pilot food delivery service in Bengaluru last year. Now 10 months later, Amazon Food is said to...
Chethan Machaknur
- Mar 8, 2021
- 1 min
OYO vs ZO Rooms: Zostel says it won 3-year legal battle over alleged agreement breach; OYO refutes
Zostel said it has won 3 year legal battle against Oravel Stays (OYO) with regards to the alleged breach of a binding agreement by latter...
Chethan Machaknur
- Mar 4, 2021
- 1 min
Delhi HC directs HappyEasyGo to stop bidding for MakeMyTrip keywords in google ads
Delhi High Court, on Wednesday, granted an interim injunction in favour of MakeMyTrip, in its trademark infringement suit against smaller...
Chethan Machaknur
- Mar 2, 2021
- 1 min
OYO offloads 150 employees to audit KPMG in cost-cutting measure
OYO has offloaded 150 employees to research and consultancy firm KPMG as it looks to shed workforce outside its core focus areas. It is...
-
- Feb 12, 2021
- 1 min
SoftBank pulls out of Latin America partnership with Oyo Hotels
The Latin American unit of Oyo rooms has ended its joint venture with the SoftBank Latin America Fund, less than 6 months after they...
Startup News
- Jan 23, 2021
- 1 min
JustKitchen is using cloud kitchens to create the next generation of restaurant franchising
JustKitchen operates cloud kitchens but there's more to it. The company sees food as a content play, with recipes and branding instead of...
Chethan Machaknur
- Jan 12, 2021
- 1 min
DIG Investment Founder Martin HP Söderström invests in OYO; joins board of European biz
OYO lately announced the joining of Martin HP Söderström in the company’s Board of its European Vacation Homes business (OVH) as a...