oyo
12 ARTICLES
Clearing the air on OYO
On the subjects of unmarried couples not being welcome at OYO and how exactly Ritesh Agarwal is buying up shares of his own company.
25 Jan 2025
OYO India junks franchise model to become an aggregator, cut losses
The company is now just another aggregator in the budget hotel sector. And the shift does make sense; OYO wants to cut losses and its India business isn’t all that important anymore.
28 Nov 2024
Is OYO’s turnaround for real?
Even as the chorus of the company’s turnaround seems to be gathering momentum, it appears that co-founder Ritesh Agarwal’s one-trick pony continues to be financial engineering.
17 Oct 2024
OYO’s latest financials paint a grim picture
Debt, losses and poor cash flow are just some of the problems in OYO’s balance sheet and business model as it prepares for an IPO.
09 Dec 2022
Past misdeeds come back to haunt MakeMyTrip and OYO
A hefty penalty imposed by the competition watchdog and its wider implications are a cautionary tale for entrepreneurs and unicorns.
28 Oct 2022
Ritesh Agarwal can’t save OYO
Eight years and upwards of Rs 20,000 crore in capital later, Ritesh Agarwal and SoftBank Vision Fund have brought the carcass of their ambitions to the public markets.
07 Oct 2021
OYO gets sucker-punched, takes MakeMyTrip down with it
Two orders this past week prove that history is not going to be kind to OYO. Plus, MakeMyTrip was due for a comeuppance too.
12 Mar 2021
Townhouse idea is dead but Oyo’s plots live on
If this was a crime thriller we’d say OYO is using the pandemic to hide bodies. Except this is a story of a desperate startup that drank too much of its own Kool-Aid.
06 Nov 2020
OYO’s international ambitions lie in tatters
Like in India, hotel owners across the world are figuring out—the hard way—that OYO’s business model is all bait and switch.
23 Oct 2020
China is looking grim for OYO
Even as the hotel franchising startup cuts costs and tries to revamp its Chinese operations, a slew of strong local rivals have cropped up.
02 Mar 2020