Latest Articles in oyo rooms
OYO Lays Off 600 Employees
OYO an Indian hospitality chain lays off 600 employees, as a part of 'wide ranging' changes in organisation structure
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Oyo Files Second Addendum To SEBI
Oyo a hospitality technology platform files updated finances to SEBI before its Initial Public Offering (IPO) application
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OYO Partners With Adventure Women India
OYO hospitality tech platform announces partnership with Adventure Women India to support women solo traveller
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The J&K Government And OYO Have Launched Home-stays
OYO in J&K is a key player in the tourism ecosystem and has over 140+ hotels & homes creating over 500+ direct & indirect employment opportunities.
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OYO Appoints Ex-Apple Executive Nirdosh Chouhan As Senior Vice President
An alumnus of IIM Bangalore, he has had stints with global technology companies such as Apple, Oracle and Infosys, among others, it added.
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Microsoft Corporation invests USD 5 mln in OYO
Under the deal, OYO will issue 5 equity shares of the face value of Rs 10 each for cash at an issue price of India rupee equivalent of USD 58,490 per equity share
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Unacademy Raises $440 Mn In Fresh Funding, At $3.44 Bn Valuation
The Series H funding round also witnessed participation from Aroa Ventures, the family office of OYO Founder Ritesh Agarwal, and Deepinder Goyal, Co-Founder, and CEO at Zomato
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Microsoft Invests In OYO, Valuation Reaches $9 Bn
The magnitude of investment is expected to be disclosed in a couple of weeks. The company already has Didi Chuxing, Grab, and US-based Airbnb as its existing strategic investors
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OYO Raises USD 660 Mn Term Loan Funding
The offer was oversubscribed by 1.7 times and the company received commitments of close to USD 1 billion from leading institutional investors, OYO said in a statement
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OYO To Raise USD 600 Mn From US Institutional Investors
Earlier in March this year, OYO Founder and Group CEO Ritesh Agarwal had told employees in an e-mail that the company's India business is EBITDA positive in the January-March quarter, and is earning the same gross profits globally in dollars since January 2021 as it did in the pre-COVID period.
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