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Monday, August 18, 2025
TopicOyo Hotels

Topic: Oyo Hotels

Indonesian President Subianto to attend Republic Day parade as chief guest, ‘not to visit’ Pakistan

A selection of the best news reports, analysis and opinions published by ThePrint this week.

OYO is telling young lovers you are ‘On Your Own’. It’s a betrayal

By bringing smaller hotels under OYO banner and establishing SOPs for basic amenities, Ritesh Agarwal revolutionised India's budget hospitality industry and became a billionaire in the process.

Oyo mulls cutting IPO size by two-thirds amid tech rout, says Bloomberg report

Oyo is preparing to file a fresh IPO document by this week. The company had initially filed to go public in October 2021 but delayed the share sale due to market conditions.

OYO founder Ritesh Agarwal’s father falls to death from Gurugram high-rise

Agarwal, in a statement, said his ‘guiding light and strength’ had passed away.

Struggling to find a cheap hotel room? CCI order against MakeMyTrip, OYO will change things

Competition watchdog slapped Rs 392 cr fine on MakeMyTrip-Goibibo & OYO, ordering them to stop uncompetitive practices. Consumers to gain from move in terms of better booking experience.

‘Absolutely untrue’ – Oyo’s Ritesh Agarwarl denies bankruptcy claim after Rs 16 lakh claim

Oyo, one of the larger startups in the SoftBank Group’s portfolio, was struggling to restructure and whittle down loss-making operations even before the pandemic obliterated travel.

Ritesh Agarwal’s Oyo sends thousands of workers outside India on leave without pay

Oyo hasn’t yet determined the precise number of workers to be furloughed because it is sorting through local labour laws in various countries.

Kashmiri student alleges OYO Room in Delhi didn’t let him check-in because of his identity

Manager at OYO Aasha Residency hotel admits it is turning away customers from Jammu and Kashmir but blamed it on “verbal orders” of Delhi Police. 

Oyo raises $1.5 billion at $10 billion valuation from founder Ritesh Agarwal, SoftBank

Oyo founder 25-year-old Ritesh Agarwal will spend $700 million to buy new shares as a part of a $2 billion plan to triple his ownership stake.

Oyo founder Ritesh Agarwal to invest $2 billion to increase stake in company

The 25-year-old founder will buy shares from existing investors Lightspeed Venture Partners and Sequoia India, which will remain backers.

On Camera

Why Modi, BJP should worry about bad blood between CEC Gyanesh Kumar and Rahul Gandhi

If there is bad blood between the CEC and the Opposition leaders, it will shake the people’s faith in election results. It’s the worst thing that could happen to Indian democracy.

Navigating Trump’s tariffs is no child’s play. Indian toymakers are losing out on orders, enquiries

Indian toymakers are now exploring new markets, but they want govt to negotiate a trade deal with US soon, introduce incentives and subsidies to make the industry more competitive.

What is Project Sudarshan Chakra, announced by Modi from ramparts of Red Fort

The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.

War of IAF, PAF doctrines: As Pakistan obsesses over numbers, India embraces risk, wins

Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?