OYO is fastest-growing budget hospitality chain of leased and franchised hotels founded by young entrepreneur Ritesh Agarwal in 2013. It has the largest presence overseas than any other Indian startup. The key investor in Oyo are Softbank, MyPrefered Transformation, Sequoia Capital India & Lightspeed Venture Partners.

News

Oyo News

Oyo slashes salaries of executive team, Ritesh Agarwal takes 100% pay cut

Indian travel and hospitality sectors have taken a hard knock due to the COVID-19 pandemic and many Indian startups in the segment are slashing salaries …

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Oyo News

Covid-19: Oyo informs its vendors and partners about possible payment disruption

Online hospitality firm Oyo has sent a letter to its vendors and partners stating that with the ongoing Covid-19 pandemic and the nationwide lockdown to …

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Oyo Exclusive

Exclusive: Oyo raises $807 Mn from SoftBank and RA Holdings

Online hospitality firm Oyo has raised $807 million as part of its $1.5 billion fundraise from SoftBank and RA Hospitality which was announced in October. …

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Company Details

Company: OYO
Founder: Ritesh Aggarwal
Industry: Hospitality
Investment Raised: $3.2 Billion
Location Gurugram
Year of Incorporation: 2013
Investors Name: Ritesh Agarwal, Softbank, MyPrefered Transformation, Sequoia Capital India, Lightspeed Venture Partners

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