Oyo inside news

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Oyo Rooms is a popular Indian hospitality company that offers budget-friendly accommodations across various cities in India and abroad. Here are some recent news updates about Oyo:

Recent Developments:

  1. Expansion into new markets: Oyo has expanded its presence to new cities in India, including Guwahati, Shillong, and Imphal. The company has also entered new international markets, such as the UK, Malaysia, and Indonesia.
  2. Partnership with airlines: Oyo has partnered with several airlines, including IndiGo, SpiceJet, and GoAir, to offer bundled hotel and flight packages to customers.
  3. Launch of new services: Oyo has launched new services, such as Oyo Home, which offers short-term rentals of apartments and villas, and Oyo Townhouse, which offers mid-range hotels with more amenities.
  4. Investment and funding: Oyo has received significant investments from investors, including SoftBank, Sequoia Capital, and Greenoaks Capital, to fuel its growth and expansion plans.
  5. Awards and recognition: Oyo has received several awards and recognition, including being named one of the most innovative companies in the world by Fast Company and one of the top 10 most valuable startups in the world by CB Insights.

Recent News Articles:

  1. "Oyo Rooms expands to 10 new cities in India" (The Economic Times)
  2. "Oyo Rooms enters UK market, eyes 100 hotels in 2 years" (Business Standard)
  3. "Oyo Rooms launches Oyo Home, a new short-term rental service" (Livemint)
  4. "Oyo Rooms raises $1 billion in funding from SoftBank, Sequoia Capital" (The Hindu BusinessLine)
  5. "Oyo Rooms named one of the most innovative companies in the world" (Fast Company)