OYO Stock
Branded Hotel Network
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About OYO Stock
OYO is the world's 3rd largest hotel chain. OYO operates an asset light chain of predictable, easy to book, low cost accommodations globally while enabling its 50,000+ hotel and home owners get improved quality and revenue. OYO has served 40 Million + families in 2019 and aspires to do more. Started in India in 2013 and has evolved to now operate across APAC (China, Japan, SEA,MEA), LatAm (Brazil, Mexico), operates one of the leading home management companies in Europe with brands of Dancenter and Belvilla, USA and more.
Investors
DSG Consumer Partners
Grab
Hero Enterprise
Huazhu Hotels Group
InnoVen Capital
Rivigo, MobiKwik, OYO, Ather Energy, Swiggy, PharmEasy, Quikr, ZoomCar, GreyOrange
Lightspeed Venture Partners
Snap, OYO, AppDynamics, TripActions, Faire, Affirm, Netskope, LivingSocial, Weee!, Blend
MyPreferred Transformation
Sequoia Capital India
MobiKwik, OYO, Ola, Razorpay, WuXi NextCODE, Polygon Technology, Druva, Innovaccer, Twin Health, Beam
VentureNursery
Funding History
| July 2015 | $100M |
|---|---|
| August 2016 | $90.0M |
| September 2017 | $250M |
| September 2017 | $10.0M |
| September 2018 | $1.0B |
| December 2018 | $100M |
| February 2019 | $100M |
| April 2019 | $75.0M |
| November 2019 | $500M |
| December 2019 | $1.5B |
| January 2021 | $540M |
| March 2021 | $200M |
Management
Chief Executive Officer
Ritesh Agarwal
Chief Financial Officer
Abhishek Gupta
Chief Technology Officer
Ankit Mathuria
Press
bit - May, 27 2021
India’s Oyo Hotels tidies for new overseas guestseconomictimes - May, 21 2021
Oyo is raising a loan that’s seen as a precursor to listinginc42 - May, 17 2021
FHRAI To Represent Member Hotels In OYO Insolvency Casethetechportal - May, 12 2021
OYO shortens work week to 4 days, allows employees to avail infinite no-reasons-asked paid leaves till Julymybs - May, 11 2021
OYO to show vaccination status of partner hotels' staff on its applivemint - Apr, 28 2021
OYO launches new feature to provide isolation, quarantine facilitiesentrackr - Apr, 18 2021
Oyo subsidiary accuses creditor of influencing others as claims of Rs 160 Cr pile up in insolvency casethetechportal - Apr, 7 2021
OYO stuck in legal tussle after creditor files corporate Insolvency chargestechrseries - Mar, 24 2021
PeopleStrong Hires Vineet Pandita from Oyo as Dy CTO to Push for 3X Growth by 2023yourstory - Mar, 18 2021
OYO India business EBITDA positive; company on path of resurgence: Ritesh Agarwalthemorningcontext - Mar, 12 2021
OYO gets sucker-punched, takes MakeMyTrip down with itsiliconindia - Mar, 10 2021
OYO's Singapore arm secures $200M SoftBank loaninc42 - Mar, 6 2021
OYO Valuation Crosses $9 Bn After Hindustan Media Ventures Investmentvanguardngr - Mar, 2 2021
Oyo about to lose N76bn World Bank Grant, AD chieftain warnsbit - Mar, 2 2021
Outsourcing jobs to KPMG not an offloading exercise: OYOinc42 - Mar, 2 2021
OYO Offloads 150 Employees To Audit Giant KPMG In Cost-Cutting Measurewsj - Feb, 12 2021
Hotel Chain Oyo Slashes Staff and Investment in Latin Americadlvr - Feb, 12 2021
Oyo Hotels Cuts Staff In Latin America, Pivots To Other Marketstechcircle - Feb, 11 2021
OYO venture in Latin America to turn digital-only, SoftBank moves outow - Feb, 3 2021
Oyo gives appointment letters to 5,000 newly recruited teachersyourstory - Jan, 29 2021
OYO's Ritesh on budget expectations, Airbnb IPO, and rise of domestic travelvanguardngr - Jan, 10 2021
Oyo orders private health facilities to stop managing COVID-19 patientsyourstory - Jan, 8 2021
OYO Hotels & Homes launches equal partner policy to strengthen trust of its asset owner communitybit - Jan, 8 2021
Oyo secures funding from Hindustan Media Venturesvanguardngr - Dec, 29 2020
COVID-19: Oyo bans street carnivalsvanguardngr - Dec, 29 2020
Oyo reintroduces new measures to tackle COVID-19 second waveneurons - Dec, 24 2020
OYO celebrates the graduation of its Data Science Academy & opens the programme to employees …neurons - Dec, 24 2020
OYO reiterates commitment to upskill hospitality workforceow - Dec, 18 2020
Oyo commences e-governance with 1,108 computersthe-ken - Dec, 9 2020
The pandemic won’t kill OYO. It might actually save itlivemint - Dec, 9 2020
Oyo lays off around 300 more staffTechCrunch - Dec, 1 2020
Despite everything, Oyo still has $1 billion in cashtelegraphindia - Nov, 23 2020
OYO sees pre-Covid year-end recoveryBusiness Insider - May, 18 2020
OYO Japan saw an occupancy rate of 51% even during the coronavirus pandemicCNBC - May, 17 2020
OYO board member Betsy Atkins says Ritesh Agarwal to continue as CEOYahoo Finance! - May, 4 2020
Coronavirus: $10bn hotel startup Oyo to lay off most UK staffForbes - Apr, 23 2020
Softbank-Backed Hotel Unicorn Oyo Faces Regulatory Smackdown In Multiple U.S. StatesTechCrunch - Sep, 2 2019
India’s Oyo acquires Copenhagen-based data science firm Danamica for $10MTechCrunch - Jul, 19 2019
India’s Oyo valued at $10B after founder purchases $2B in sharesTechCrunch - Apr, 1 2019
Airbnb confirms stake in India’s OYO, sources say it invested $150M-$200MEquityZen does not have an affiliation with, formal relationship with, or endorsement from any companies featured above. This profile is based on publicly available information and is intended to be informative in nature.
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