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Founded in 2012 by Ritesh Agarwal, Oyo has steadily built its reputation in the global hospitality sector, with more than 43,000 properties worldwide. Oyo entered the U.S. market in 2019, ...
OYO founder and CEO Ritesh Agarwal, during a town hall earlier, said that the startup’s net profit surged 172% to INR 623 Cr in FY25 from INR 229 Cr in the previous fiscal year.
In a lengthy Instagram video, Moore acknowledged that “nobody likes change” and “you can’t win without taking your lumps” before talking about his decision to do S.W.A.T. Exiles.
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It is pertinent to note that Agarwal earlier said that OYO’s EBITDA for FY25 would come in at INR 1,550 Cr. The latest number is nearly 26% lower from his earlier prediction. OYO expects its net ...
Oyo is foraying into the food and beverage segment. It plans to roll out in-house kitchens and QSR carts at 1,500 properties by fiscal 2026.
Oyo Hotels is delaying its plans for an October IPO after opposition from SoftBank Group Corp. and a tumultuous turn in the stock market this year.. SoftBank has balked at the proposed timing and ...
OYO’s IPO Jinx This is not the first time the Delhi NCR-based startup is aiming for its public listing. It made its first attempt to go public in 2022, when it filed its draft red herring ...
Indian budget hotel chain Oyo is delaying its third IPO attempt amid opposition from largest shareholder SoftBank and market volatility, aiming to now list by March 2026 at a valuation of $7 ...
The Ritesh Agarwal-backed startup will cover 1,500 properties under the new programme in FY26 The startup aims to add 5-10% more revenues with the new offering at the hotel level FOLLOW US ...
Microsoft is testing removing its name, i.e. Microsoft Bing, next to the logo in the Bing Search bar. Normally the search bar has the Microsoft Bing name next to the logo on the left side of the ...
It’s a new biodegradable building material that mimics elephant skin and can keep buildings cool without relying on air conditioning or electricity.