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 November, 2024•9 min
0
28 November, 2024•9 min
0

More in Internet
Internet
ED freezes assets worth over Rs 520 cr in raids on WinZO, Gameskraft, others
The financial crime agency has linked the frozen funds to alleged gameplay manipulation, unrefunded balances and violations of India’s real-money gaming ban.
You may also like
Business
Duroflex wakes up as Wakefit closes in on an IPO
The six-decade old mattress maker files its draft IPO papers just as Wakefit wins approval for a public market debut—setting up a bruising battle for the No. 2 spot.
Internet
Prosus bets long (perhaps too long) on ixigo investment
The technology investor’s move to pour Rs 2,000 crore into the online travel aggregator comes as a surprise. Can ixigo live up to the promise of becoming India’s next big travel platform?
Business
Bira shareholders plan an EGM to oust the founder
A management shakeup may be in the works at the beleaguered beer brand, as investors and lenders want to remove founder Ankur Jain and his family from the board.








