OYO has gone from being a hotel aggregator to a hotel brand in six years.

Basic Information

In its short life, OYO Hotels and Homes has been variously described as a hotel aggregator, an online travel agency (OTA), and even a Ponzi scheme with an unsustainable business model, but never a hotel chain. See more

Legal Name

:

Oravel Stays Private Limited

Headquarters

:

Gurgaon, Haryana, India

Business Model

:

B2C,

B2B2C

Founding Date

:

May 2013

No. of Employees

:

1000+

Core Team

:
1.

Ritesh Agarwal

Founder & Chief Executive Officer

2.

Abhishek Gupta

Chief Financial Officer

3.

Abhinav Sinha

Chief Operating Officer

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Funding

Investors

:

1.

Ritesh Agarwal

2.

SoftBank Vision Fund

3.

Huazhu Hotels Group

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Detail Round Breakdown

Round 1
Round 2
Round 3
Round 4
Round 5
Round 6
Round 7
Round 8
Round 9
Round 10
Round 11

$100M

Series Name

:

SERIES-B

Date

:

Aug 2015

Investors

:
1.

SoftBank

2.

Lightspeed India Partners

3.

Sequoia Capital India

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