oyo rooms
Brief
OYO IPO: A lucrative bet after a significant cut in valuation?
The far-reaching impact of Paytm IPO debacle has started appearing as the Indian startup unicorns, who were in celebration mode after SEBI relaxed the norms for startups to go public, are now facing the brunt of the market. OYO...
Brief
OYO Going Back To Its Roots: Offloads Co-Living And Co-working Properties!
The Indian homegrown hospitality startup unicorn OYO Hotels & Homes has recently decided to cut off its underperforming assets in a bid to improve profitability.
According to multiple people familiar with the developments, the Ritesh Agarwal-headed company has let go...
Brief
OYO Offloads 150 Employees: Cast off flab, Narrow Focus on Core With A Long Term Strategies At Heart
Every move you make in business is quite akin to chess. If you want your devised strategy to be pulled off, you must also be prepared to lose a few pawns. Seems like OYO is thinking along the same...
Brief
OYO Gets New CEO And Merger To Boost Its Business In Japan
The hospitality industry has been one of the worst-hit due to COVID-19. The pandemic left the sector heavily crippled and forced many businesses to take some really tough decisions. OYO is no exception!
It is reported that the Indian-origin...
Brief
OYO Cuts Salary Of All Employees In India But Will It Help Them To Recover?
The SoftBank backed Indian-origin OYO was already struggling prior to the COVID-19 situation. Now, after things went completely south for the entire hospitality industry post the coronavirus outbreak, the startup unicorn seems to be knee-deep in trouble.
Recently, it has...
Ecommerce
OYO Rooms Hits Back On Being Called A Ponzi Startup, The Founder Feels Insulted !
OYO Rooms, Ponzi Scheme and Startup, the debate is far from over. In a response to the controversial statistical analysis that has gone viral on the internet since Friday, claiming OYO Rooms is nothing but a Ponzi startup, Ritesh Agarwal,...
Brief
Is Oyo Rooms the Startup Nothing But A Ponzi Scheme? A Statistical Analysis [UPDATED]
Update 1: Ritesh Agarwal, Founder - OYO Rooms, has challenged the article in a recent email clarifying the company's position. You can read his response along with few interesting questions that remain unanswered here.
Last week, SoftBank released its quarterly...
- Advertisement -
Latest News
Edtech startup entrepreneur arrested for defrauding students to the tune of Rs 18 crore
The rise of EdTech startups in India is primarily driven by the increasing demand for online education and upskilling...
- Advertisement -