OYO
Brief
SoftBank Puts IPO-bound OYO in a tough spot: Slashes valuation to just $2.7 billion
The challenges for OYO, the hospitality startup unicorn of India, are far from over. As the company has started to come out from the grip of Covid-19, SoftBank Group Corp. has slashed the value of Oyo hotels on its...
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 Can Make A Big Announcement That Can Skyrocket Its Valuation
OYO, the Indian startup unicorn from the hospitality industry, can make a major announcement in the next few days. Despite being hit badly due to the pandemic and grim possibility in near future, it's inches away from clinching a...
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, Pandemic and Future: CEO Agarwal Makes Big Claims
If there is one sector at which the pandemic really took a swing, it is the hospitality industry. But that's not the only one that is going through the worst phase. The tourism industry has also struggled in times...
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OYO Introduces New Initiatives to Increase Employee Satisfaction
With work from home having become the new norm for most Indian startups due to mandatory social distancing during the pandemic, many people have lost their work-life balance. It tended to be fragile for many even before COVID-19 reared...
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...
Brief
Top Startups In India That Represent The Thriving Startup Landscape [REPORT]
The Indian Start-up surface is as hot as the sun and it continues to thrive! This has been a matter of telltale by the flagship post, LinkedIn Top Startups in India list based on a series of actions taken by more than...
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