OYO
Founded Year
2012Stage
Series G - II | AliveTotal Raised
$3.376BValuation
$0000Last Raised
$64.09M | 2 mos agoRevenue
$0000Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+56 points in the past 30 days
About OYO
OYO provides hospitality services focusing on hotel and home bookings. The company offers a platform for sanitized stays, standardized amenities, and digital management tools for property owners. It primarily serves the hospitality and travel sectors by enabling property owners to list their hotels and homes and providing travelers with accommodations. It was founded in 2012 and is based in Gurugram, India.
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Research containing OYO
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned OYO in 1 CB Insights research brief, most recently on Sep 7, 2023.
Expert Collections containing OYO
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
OYO is included in 3 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,257 items
Travel Technology (Travel Tech)
3,096 items
The travel tech collection includes companies offering tech-enabled services and products for tourists and travel players (hotels, airlines, airports, cruises, etc.). It excludes financial services and micro-mobility solutions.
Tech IPO Pipeline
257 items
The tech companies we think could hit the public markets next, according to CB Insights data.
OYO Patents
OYO has filed 3 patents.
The 3 most popular patent topics include:
- fictional mass murderers
- figure skating
- steam locomotive technologies
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
3/10/2023 | 11/5/2024 | Video game bosses, Steam locomotive technologies, Fictional mass murderers, Figure skating, Synthesizers | Grant |
Application Date | 3/10/2023 |
|---|---|
Grant Date | 11/5/2024 |
Title | |
Related Topics | Video game bosses, Steam locomotive technologies, Fictional mass murderers, Figure skating, Synthesizers |
Status | Grant |
Latest OYO News
Jan 4, 2025
Hospitality major Oyo has raised Rs 550 crore (approximately $65 million) from Redsprig Innovation Partners, an affiliate entity of the company’s founder Ritesh Agarwal. Updated On New Update Hospitality major Oyo has raised Rs 550 crore (approximately $65 million) from Redsprig Innovation Partners, an affiliate entity of the company’s founder Ritesh Agarwal. The board at Oyo has passed a special resolution to issue 12,91,07,982 equity shares at an issue price of Rs 42.6 each to raise Rs 550 crore or $65 million, its regulatory filing accessed from the Registrar of Companies shows. After the recent funding injection, the company's valuation rose to $3.79 billion, reflecting a 59.2% increase from Oyo's previous Series G round, when the firm was valued at $2.38 billion. As per the filings, the company plans to use these funds for growth, supporting global expansion (including acquisitions), strengthening business strategies, and other corporate initiatives. The funding will also result in a 1.728% dilution of the company's total stake. This is the second major capital infusion by Agarwal in Oyo. In August 2024, he led a $175 million round through his Singapore-based fund, Patient Capital. Last month, a CNBC TV18 report suggested that Nuvama Wealth & Investment Limited (formerly Edelweiss Securities) purchased shares worth Rs 100 crore in Oyo’s parent Oravel Stays Limited. During FY24, IPO-bound Oyo posted a flat scale which stood at Rs 5,389 crore , as compared to Rs 5,464 crore in FY23. Despite the stagnant revenue, the company managed to control its expenditure by 16% which resulted in Oyo posting a net profit after tax (PAT) of Rs 230 crore in the last fiscal (FY24). In May, the Gurugram-based company withdrew its draft papers (DRHP) for the second time due to unfavorable conditions. The firm also said that it will refile the IPO papers after concluding a large funding round, which is about to close after the latest fundraises.
OYO Frequently Asked Questions (FAQ)
When was OYO founded?
OYO was founded in 2012.
Where is OYO's headquarters?
OYO's headquarters is located at Sourthern Peripheral Road, Gurugram.
What is OYO's latest funding round?
OYO's latest funding round is Series G - II.
How much did OYO raise?
OYO raised a total of $3.376B.
Who are the investors of OYO?
Investors of OYO include Redsprig Innovation Partners, Nuvama Private, Patient Capital Collaborative, Mankind Pharma Promoter's Family Office, J&A Partners and 30 more.
Who are OYO's competitors?
Competitors of OYO include Stanza Living, Juniper Hotels, FabHotels, NestAway, Bag2Bag and 7 more.
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Compare OYO to Competitors
Treebo Hotels is a digital hotel company specializing in the premium-budget segment of the hospitality industry. The company offers safe, clean, and comfortable accommodations with standardized amenities at affordable prices. Treebo Hotels also provides an all-in-one hotel management software solution, Hotel Superhero, which includes a property management system, central reservation system, and other tools for hospitality businesses. It was founded in 2015 and is based in Bengaluru, India.
MyIndianStay, founded in 2012, provides a unique experience to those travelling in India by offering accommodation in villas, homestays, guest houses and apartments. The company's platform has features like Smart Lock Integration which allows the traveler to unlock the property using her/his smartphone, Host-Guest Interaction Platform that provides a transparent communication channel to both the host and the guest, and Local Accommodation Discovery Tool, a mobile app which will allow a traveler to discover and book unique accommodation options in the nearby vicinity after reaching the destination.
RedDoorz focuses on providing affordable accommodations in Southeast Asia. The company offers standardized hotel stays with amenities such as Wi-Fi, television, water, bathrooms, and toiletries. RedDoorz primarily serves the travel and tourism sector by transforming fragmented supply inventory into standardized accommodations. It was founded in 2015 and is based in Jakarta, Indonesia.
Sykes Cottages provides self-catering holiday rentals in the UK and Ireland. The company has various cottages for rent, including dog-friendly and luxury options, as well as properties with features such as hot tubs or proximity to the sea. Sykes Cottages also has services for property owners who want to leave their holiday homes and provides information on holiday home purchases and mortgages. It was founded in 1991 and is based in Cheshire, United Kingdom.
Rent My Stay is a rental accommodation provider specializing in a variety of furnished and semi-furnished housing options. The company offers a range of residential properties for short-term and long-term stays, catering to diverse customer needs without charging brokerage fees. Rent My Stay primarily serves individuals and families looking for flexible rental solutions in urban areas, offering an alternative to traditional apartments and hotels. It was founded in 2014 and is based in Bangalore, India.
FabHotels is a budget hospitality brand that operates in the accommodation and hospitality sector, offering a chain of budget hotels across multiple cities. The company provides online hotel booking services, ensuring comfortable stays with amenities like free high-speed Wi-Fi and rigorous housekeeping, backed by courteous trained staff. FabHotels caters to travelers seeking economical lodging options with user-friendly booking interfaces and flexible policies such as free cancellation and pay-at-hotel options. It was founded in 2014 and is based in New Delhi, India.
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