OYO

Oyo, MakeMyTrip Accused Of Anti-Competitive Practices In India
Oyo, MakeMyTrip Accused Of Anti-Competitive Practices In India
October 30, 2019  |  ANTITRUST

Budget hotel chain Oyo and booking platform MakeMyTrip are under investigation by Indian regulators over accusations that the two companies entered into an agreement to...

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OYO: Why Credit Could Be Key To US Expansion
OYO: Why Credit Could Be Key To US Expansion
October 25, 2019  |  Alternative Finances

India-based hotel and booking startup OYO has been on a tear lately, landing $1.5 billion in new funding, expanding to new markets and getting into new...

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India’s Tech Startups Have A Banner $11.3B Fundraising Year
India’s Tech Startups Have A Banner $11.3B Fundraising Year
October 23, 2019  |  Investments

As a record amount of capital has entered the local ecosystem in a significant rebound since 2016’s darkened funding environment, Indian tech startups are having...

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Top News In Payments: PayPal Withdraws From Libra Association; OYO Notches $1.5B In Funding
Top News In Payments: PayPal Withdraws From Libra Association; OYO Notches $1.5B In Funding
October 07, 2019  |  News

Today in the payments news roundup, PayPal officially pulled its support of Facebook’s Libra initiative after it no-showed at the Libra Association meeting in Washington,...

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India Lodging Startup OYO Raises $1.5B Led By Founder, SoftBank
India Lodging Startup OYO Raises $1.5B Led By Founder, SoftBank
October 07, 2019  |  Investments

India-based hotel and booking startup OYO announced a $1.5 billion funding round led by founder Ritesh Agarwal, SoftBank’s Vision Fund, Lightspeed Venture Partners and Sequoia...

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OYO To Take On Airbnb With Vacation Rental Venture
OYO To Take On Airbnb With Vacation Rental Venture
August 14, 2019  |  Investments

India-based hotel and booking site OYO – which is the fastest-growing hotel chain in the world, according to the company – said it will invest...

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Founder’s Shares Purchase Sends India’s OYO’s Valuation To $10B
Founder’s Shares Purchase Sends India’s OYO’s Valuation To $10B
July 21, 2019  |  Investments

Indian hospitality business OYO now has a valuation of $10 billion after its founder, Ritesh Agarwal, purchased $2 billion in shares from Sequoia Capital and...

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Hotel Startup OYO Expands Into Coworking Spaces
Hotel Startup OYO Expands Into Coworking Spaces
July 16, 2019  |  International

Indian hotel startup OYO, which is currently in 80 countries around the world, plans to expand into coworking spaces, according to a report by TechCrunch....

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Hotels, And India’s Middle Class, Show Path For Online Travel
Hotels, And India’s Middle Class, Show Path For Online Travel
June 25, 2019  |  Markets

It’s a fool’s errand to predict what will interest historians decades or centuries from now, but the scribes here at PYMNTS don’t pull back from...

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