oyo
18 ARTICLES
Peak XV Partners should win the record outcome test with Pine Labs
Finally, this question will be answered. Who has returned the most amount of capital on any venture investment in India in the last two decades?
28 Jun 2025
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
OYO founder Ritesh Agarwal to invest $65 million raising firm’s valuation to $3.8 billion
Agarwal will buy over 12.9 crore shares at Rs 42.6 apiece which will increase his stake in the company from 30% to 32%.
18 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 $174 million fundraise comes at a fourth of its last valuation in 2021
The valuation of the startup, which had to withdraw its DRHP a second time this year, is now lower than the $3.3 billion it has raised across multiple rounds so far.
11 Aug 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
Startup IPO plans are most likely dead
Singed investors, inflationary pressures and poor growth prospects put paid to hopes of startups tapping public markets for funds.
09 Jun 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