Ritesh Agarwal’s online marketplace for affordable stays, OYO Rooms, received $100 million in funding from SoftBank earlier this week. Agarwal is 21, and demographically aligned to a youthful country ...
The restrictions on SoftBank were included following a negotiated shareholder agreement arrived at during SoftBank's series D investment in Oyo. Hospitality firm OYO Wednesday said it has emerged as ...
SoftBank is back investing in India after it lead a $100 million round for OYO Rooms, a two-year-old startup that runs an online marketplace for affordable hotels in the country. The company’s mission ...
Backpacker hostel startup Zostel on Sunday said it has won the three-year legal battle against Oravel Stays, which owns and operates hotel chain OYO, with regards to the alleged breach of a binding ...
Online platforms for budget hotels in India have been in the news. Oyo Rooms is the ‘oldest startup’ in the space which was started as Oravel in 2011 by the then 18-year-old Ritesh Agarwal. After ...
Zo Rooms had 300 employees and 20,000 listed properties across 30 cities. Photo: Mohsin Shaikh/Mint New Delhi: Oyo Rooms, the budget hotel-booking app backed by Japanese billionaire Masayoshi Son’s ...
Mark Zuckerberg wanted to connect people, so he built Facebook. When on a snowy night in Paris in 2008, Travis Kalanick and Garrett Camp couldn’t get a cab, the two were inspired to set up Uber. CEO ...
In the largest funding round to date for a Thiel Fellow project, Ritesh Agarwal has raised $25 million from Lightspeed, Sequoia and others to build a branded budget hotel network across India. While ...
Ritesh’s journey as an entrepreneur is no secret. But there is a lot more to the man than what the headlines have managed to capture over the years. A street food junkie, who is also a fitness freak, ...