oyo
21 ARTICLES
Bravado, IPO and OYO
A debt-heavy global pivot to modest motels and accounting-led profits define the company now heading to Indian public markets.
26 Feb 2026
OYO gets shareholders’ nod for IPO
At an extraordinary general meeting held last weekend, the budget hotel chain operator received approval to raise Rs 6,650 crore through an IPO.
23 Dec 2025
FabHotels pivoted to corporate travel for survival. Can it grow?
The challenges of running a budget hotel chain in India forced the decade-old company to quietly shift its focus to a travel management platform for corporate travellers. Now it must face challenges of another kind.
02 Dec 2025
What about Lightspeed?
One of the few remaining foreign venture capital funds in India, Lightspeed has had a rather quiet year—especially when compared to some of its peers. The 2026 IPO pipeline may be the reset it needs.
29 Nov 2025
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