scorecardresearch
Add as a preferred source on Google
Monday, September 29, 2025
TopicOYO

Topic: OYO

Oyo needs help, seeks $600 million loan as Covid surge decimates travel demand

Oyo, one of the larger startups in Softbank’s portfolio, was recently valued at $10 billion, but business has been crushed by the pandemic while operational missteps soured hotel partnerships.

‘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.

Oyo is in trouble in Japan but parent SoftBank has a plan to fix it

Oyo Japan is creating a six-member management oversight panel to deal with its virus-stricken business. Its headcount has shrunk by 450 since October.

Ritesh Agarwal’s Oyo Hotels to cut 5,000 jobs in India, China and US

Oyo’s global headcount will fall by about 17% from 30,000 in January as the start-up seeks to boost profitability, Ritesh Agarwal says.

Ritesh Agarwal’s Oyo is facing major problems due to Masayoshi Son’s dramatic overreach

With its chaotic rush to expand in Japan, Oyo infuriated potential partners, alienated workers and jeopardised its reputation with local customers.

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 was the big disruptor in India’s hotel industry, forcing even Tata to take note

OYO founder Ritesh Agarwal was just 18 when he came up with the idea. Within just a few years, OYO surpassed the valuation of India’s oldest hotel company.

Oyo is firing thousands of workers across India and China

Oyo is in trouble and is undergoing a restructuring, trimming redundancy in China and India, leading to thousands of dismissals.

Byju’s becomes India’s most valuable start-up after Paytm, OYO

Byju’s is raising funds at $8 billion valuation & overtakes Snapdeal. It is the only one of the top three that hasn’t taken funding from SoftBank or its Vision Fund.

OYO gets minority panel notice, told to list actions taken after Kashmiri man denied room

Delhi Minorities Commission says it will take legal action if OYO Rooms fails to furnish satisfactory reply.

On Camera

We can’t just blame Muslims and Englishmen for shattered Hindu unity: RSS chief Deoras

In May 1974, RSS chief Madhukar Dattatraya Deoras spoke at a lecture series in Pune about caste-based discrimination and social equality within the Hindu fold.

Market regulator SEBI clears Adani Group of impropriety alleged by Hindenburg Research

SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.

With MiG-21’s exit, India’s squadron strength hits 6-decade low. What are IAF’s plans for the Tejas

While the IAF remains committed to the Tejas programme and has placed orders for 180 Tejas Mk1A, the force is eagerly waiting for the Tejas Mk 2 version.

Something’s hidden in the Oval Office photo of Trump, Munir, Sharif. India must look closely

What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.