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FIR against OYO, founder Ritesh Agarwal in Jaipur over fake bookings: Report

The FIR, which was filed at Jaipur's Ashok Nagar police station, was based on a complaint by Madan Jain of Samskara Resorts

The FIR reportedly names Oravel Stays Private Limited or OYO, as well as Ritesh Agarwal.(Bloomberg)
Published on Apr 14, 2025 09:50 PM IST

OYO CEO Ritesh Agarwal reveals what’s in his bag: Ancient iPhone, 4 passports

OYO founder and CEO Ritesh Agarwal recently gave his YouTube audience a glimpse of all that he carries in his bag.

OYO CEO Ritesh Agarwal reveals what he carries inside his bag.
Updated on Apr 13, 2025 12:15 PM IST

Oyo appoints Sonal Sinha as CEO of its newly-acquired G6 Hospitality

The acquisition added 1,500 franchised hotels across the US and Canada to OYO's portfolio, significantly expanding its North American presence.

A chartered accountant by education, Sonal joined OYO in 2015, and as CFO of International Business, he led initiatives to enhance business margins and established critical frameworks for financial controls, including tax, accounting, and reconciliation, OYO said.(Livemint)
Published on Mar 07, 2025 01:40 PM IST
PTI |

Some OYO hotels in Delhi on civic body's radar. Here's why

Delhi's mayor has called for OYO hotels as well as illegal spas and unlicensed restaurants to be shut down

Oyo hotels may face action from the Delhi municipal corporation
Published on Mar 07, 2025 09:06 AM IST
PTI |

Ritesh Agarwal reveals he still cleans washrooms in his hotels: ‘Role-modelling’

The OYO CEO said fear, embarrassment, pride and arrogance are the biggest enemies of entrepreneurial success.

Ritesh Agarwal was speaking at Mumbai Tech Week on March 1(Bloomberg)
Published on Mar 02, 2025 06:16 PM IST
By | Edited by Ashley Paul

OYO CEO Ritesh Agarwal gets startup pitches while waiting to use plane toilet

OYO CEO Ritesh Agarwal shared a video of an inteview where he recalled the time he was listening to pitches while waiting to use the toilet on a plane.

OYO CEO Ritesh Agarwal appears as a judge on the reality TV show Shark Tank India. (File Photo)
Updated on Feb 21, 2025 01:02 PM IST

SpaceX chopsticks, veg dinner and Kumbh talks: Musk's meet with top Indian CEOs

In his conversation with the Indian business leaders, the Tesla CEO said that “India evokes the emotion of Ancient and ‘Great’ Civilisation.”

Tesla CEO Elon Musk with Indian business leaders including Ritesh Agarwal, Kalyan Raman, and Amish Tripathi. (X/@riteshagar)
Published on Jan 18, 2025 11:42 AM IST

Shaadi.com's Anupam Mittal pitches for collab with OYO, Ritesh Agarwal responds

Shaadi.com founder Anupam Mittal humorously suggests OYO discount codes for couples, sparking a social media debate.

Shaadi.com's Anupam Mittal shared a post on X suggesting a collab with OYO.(File)
Updated on Jan 08, 2025 03:33 PM IST
ByMuskaan Sharma

Why Meerut's Oyo hotels will no longer allow unmarried couples? Manager explains

Oyo Unmarried Couples rule: OYO introduces a new check-in policy for partner hotels in Meerut, disallowing unmarried couples. 

Oyo says unmarried couples will not be allowed to book rooms in Meerut.(Representational image)
Updated on Jan 06, 2025 10:42 AM IST

OYO says no hotel rooms for unmarried couples in this city: Details here

Under the new policy, all couples, including those with online reservations, will be required to provide valid proof of their relationship when checking in.

Unmarried couples will no longer be allowed to check-in to Oyo hotels.(REUTERS)
Updated on Jan 05, 2025 04:10 PM IST

Ghaziabad: 190 unauthorised hotels, lodges sealed

During the four-hour checks (between 12 and 4pm), officers inspected 122 establishments in the city zone and found 56 of these operating in an unauthorised manner

The drive was specially directed against such unauthorised establishments which have mushroomed and were misusing “OYO” brand name on their boards. (HT Photo)
Updated on Dec 31, 2024 07:34 AM IST

Nuvama Wealth acquires shares worth 100 crore in Ritesh Agarwal's OYO

OYO's parent company, Oravel Stays, saw shares sold at ₹53 each, totaling ₹100 crore in a Nuvama Wealth deal.

Nuvama Wealth and Investment Limited paid <span class='webrupee'>₹</span>53 per share for shares worth <span class='webrupee'>₹</span>100 crore in Oravel Stays Limited, the parent business of OYO, on behalf of its investors, a number of family offices.
(REUTERS)
Published on Dec 15, 2024 02:45 PM IST

Oyo founder Ritesh Agarwal to invest 550 crore for global expansion

Oyo acquired US-based hospitality chain Motel 6 and Studio 6 from Blackstone Real Estate for $525 million in September this year

The logo of OYO, India's largest and fastest-growing hotel chain, installed on a hotel building is pictured in an alley in New Delhi(Reuters)
Published on Nov 18, 2024 02:01 PM IST

Oyo to buy iconic hotel chains Motel 6, Studio 6 for $525 million, US expansion

Oyo agreed to purchase the iconic US hotel chains Motel 6 and Studio 6 with around 1,500 locations in the US and Canada from Blackstone Real Estate

The logo of OYO, India's largest and fastest-growing hotel chain, installed on a hotel building is pictured in an alley in New Delhi.(Reuters)
Published on Sep 21, 2024 10:05 AM IST

OYO raises 1,457 crore in latest funding round for growth and global expansion

OYO raises ₹1,457 crore including contributions from InCred Wealth, J&A Partners, the family office of Mankind Pharma promoters and ASK Financial Holdings.

OYO has raised <span class='webrupee'>₹</span>1,457 crore from a consortium of investors in the latest funding round
Published on Aug 11, 2024 02:46 PM IST
PTI |

Oyo in talks to raise 1,000 crore from Indian family offices: Report

Potential investors include corporate strategy advisor Anand Jain, Mankind Pharma promoter brothers Ramesh and Rajeev Juneja.

This comes as Oyo withdrew its application for an initial public offering (IPO) last month.
Published on Jun 17, 2024 11:38 AM IST

OYO posts maiden annual net profit of 100 crore: What Ritesh Agarwal said

Fitch Ratings upgraded the rating of OYO parent firm Oravel Stays citing improved financial profile.

Ritesh Agarwal, CEO and founder of OYO Rooms, said that the company sees growth ahead
Published on May 30, 2024 01:06 PM IST
By | Edited by

OYO CEO Ritesh Agarwal’s advice to young founders: ‘Make mistakes often but…’

OYO CEO and Shark Tank judge Ritesh Agarwal's advice to young founders received appreciation from X users. A few also praised his company.

The image is taken from an episode on Shark Tank India where OYO CEO Ritesh Agarwal spoke with two young founders. (X/@riteshagar)
Published on Mar 20, 2024 09:54 AM IST
ByTrisha Sengupta

Is OYO planning to withdraw its IPO paper? Hospitality firm clarifies

In 2023, the market regulator had returned the IPO filing by OYO, requiring the firm to refile its draft red herring prospectus with updates and revisions.

Oyo founder and CEO Ritesh Agarwal(X/Ritesh Agarwal)
Published on Feb 14, 2024 11:26 AM IST

Ritesh Agarwal-led OYO knocks at SEBI's door again. Here's why

Oravel Stays Ltd, the company which operates OYO, reported a Q3 profit of ₹30 crore, founder and chief executive officer Ritesh Agarwal told employees

Oyo founder and CEO Ritesh Agarwal(X/Ritesh Agarwal)
Published on Feb 12, 2024 04:53 PM IST

When will OYO IPO come? Investor SoftBank says…

SoftBank's Vision Fund CFO expresses satisfaction with India portfolio, including OYO

OYO
Published on Feb 08, 2024 09:39 PM IST

Ranveer Singh, Kartik Aaryan for Shark Tank India: Ritesh Agarwal's wish list

In an exclusive interview with Hindustan Times, Ritesh Agarwal shared OYO Rooms will be launching in Lakshadweep soon. He also spoke about his favourite celebs.

Ritesh Agarwal is the CEO and founder of OYO Rooms, appearing on Shark Tank India 3.
Published on Jan 31, 2024 09:03 AM IST

OYO founder Ritesh Agarwal shares pics at Ram Mandir: ‘Truly a historic moment’

Agarwal praised the temple's architecture as a "marvel" and noted having celebrated Diwali twice this year, including on the consecration day of Ram Lalla.

OYO founder Ritesh Agarwal at Ram Temple in Ayodhay on Monday.
Published on Jan 22, 2024 08:03 PM IST

OYO founder Ritesh Agarwal posts ‘up-close look’ of Ram Mandir. See pics

OYO founder Ritesh Agarwal is on a spiritual journey that he started from Puri’s Jagannath Temple. He is in Ayodhya to mark the consecration of the Ram Mandir.

OYO founder Ritesh Agarwal posing for the camera inside Ayodhya Ram Mandir. (X/@riteshagar)
Published on Jan 22, 2024 04:15 PM IST

OYO to prepay over 1,600 crore debt via buyback

The repayment of this debt is scheduled for June 2026. The offer is being fully funded with cash on balance sheet and from cash collateral account.

In its last public filing, OYO had disclosed that it achieved operational profitability in FY23, clocking an adjusted EBITDA of <span class='webrupee'>₹</span>277 crore.
Published on Nov 14, 2023 10:17 PM IST
PTI |

Shark Tank's Aman Gupta shares cheeky message for OYO CEO Ritesh Agarwal

boAt co-founder Aman Gupta shared a cheeky message for the newlyweds. Take a look at what he has to say.

Aman Gupta shared a picture from Ritesh Agarwal's wedding reception.(Instagram/@boatxaman)
Published on Mar 09, 2023 02:31 PM IST
ByVrinda Jain

Oyo founder's wedding: Ritesh Agarwal seeks blessings of SoftBank's Son

SoftBank has been a prominent and prolific investor in the Indian startup ecosystem, pumping in an estimated USD 15 billion over the years.

SoftBank founder and CEO Masayoshi Son attended the wedding reception of Ritesh Agarwal and Geetansha Sood.(@weddingz.in/Instagram)
Published on Mar 08, 2023 09:24 AM IST

OYO to refile updated draft IPO papers by mid February

Earlier this month, Sebi had asked the company to refile the draft IPO papers with certain updates.

OYO's last submission to Sebi was the updated financial results of the first half of financial year 2022-23. (HT)
Published on Jan 18, 2023 02:41 PM IST
PTI | | Posted by Ritu Maria Johny

OYO to cut 10% employee base, to let go 600 from tech and hire 250 in sales

OYO said the move is part of implementing wide ranging changes in its organisational structure. It is downsizing its product & engineering, corporate headquarters, and OYO Vacation Homes teams, while it adds people to the partner relationship management and the business development teams.

The logo of OYO, India's largest and fastest-growing hotel chain, installed on a hotel building is pictured in an alley.(REUTERS)
Published on Dec 03, 2022 04:07 PM IST
PTI | | Posted by Singh Rahul Sunilkumar

Oyo begins internal probe after couple secretly filmed at Noida hotel: Report

The accused duo booked the same room a week later to take the camera out that had recorded intimate moments of a couple, the police said, reported news agency PTI.

Oyo begins internal probe after couples secretly filmed at Noida hotel: Report(Reuters file photo)
Published on Oct 23, 2022 11:05 AM IST
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