Recent Highlights
All Stories for Oyo
OYO to file Rs 8,430 crore IPO soon; gets listing nod from BSE, NSE
• 3 years agoThe offering will consist of a fresh issue of shares of up to Rs 7,000 crore and an offer-for-sale of as much as Rs 1,430 crore
Hotel aggregator OYO files for Rs 8,430 crore IPO
• 3 years agoThe offering will consist of a fresh issue of shares of up to Rs 7,000 crore and an offer for sale of as much as Rs 1,430 crore, according to the draft red herring prospectus (DRHP) filed with SEBI
OYO, Airbnb, EaseMyTrip and Yatra join hands to launch new tourism body for travel industry
Fp Staff • 4 years agoThe Confederation of Hospitality, Technology and Tourism Industry (CHATT) aims to promote domestic tourism and lead the digital transformation of tourism-related business
NCLT initiates insolvency proceedings against OYO subsidiary; company files appeal
• 4 years agoGroup CEO Ritesh Agarwal in a tweet termed the text message circulating with claims of OYO having filed for bankruptcy as 'absolutely untrue and inaccurate'
Oyo raises Rs 54 crore is series F1 funding round from Hindustan Media Ventures
Techsamvad • 4 years agoThe fresh fundraising by the hospitality start-up came at a time when it is slowly recovering from the impact of coronavirus pandemic.
Oyo announces ESOPs of Rs 130 cr for all furloughed employees impacted by COVID-19; forms exigency fund for staff
• 5 years agoOn 8 April, Oyo founder and Group CEO Ritesh Agarwal had said in a letter and video message that the company will place a certain number of employees on furloughs or temporary leaves, globally.
OYO takes measures to mitigate COVID-19 impact, offer quality hospitality experience
• 5 years agoHospitality firm OYO on Tuesday said it is taking several measures to minimise the impact of COVID-19, and innovating to meet new standards of good quality hospitality experience at its hotels
Some Indian companies with Chinese investments indulge in predatory strategies: Think tank
• 5 years agoChinese investors hold stakes in 18 of the 30 Indian startup unicorns, and some companies backed by them indulge in "predatory" behaviour, which needs to be brought under scrutiny, a domestic think tank said on Thursday
OYO asks some India employees to go on leave with limited benefits, cuts fixed pay of all by 25%
• 5 years agoOYO on Wednesday asked some of its staff in India to go on leave with limited benefits from 4 May for four months, and also asked all employees in the country to accept a cut in their fixed salaries by 25 percent due to the impact of the COVID-19 on the hospitality industry
Coronavirus Outbreak: Oyo supports asset owners as occupancy plunges after extension of lockdown
• 5 years agoA total of Rs 24 crore discounts have been offered to over 3,000 Oyo partners to lessening the burden of payments due and accrued.