OYO

Travel tech firms await ‘revenge traveling’ as Malaysia reopens, but concerns remain

The tourism industry could be one of the most affected sectors globally when COVID-19 pandemic hit starting the end of 2019. The tourism business almost came to a halt as…

SoftBank-backed Indian hotel aggregator OYO files draft papers for $1.14B IPO

SoftBank-backed Indian hotel aggregator OYO has filed for a $1.14 billion initial public offering (IPO) with the local regulator on Friday. The offering will consist of a fresh…

Oyo, Ritesh Agarwal

Oyo’s Ritesh Agarwal starts VC firm in Singapore

26-year-old Indian tech billionaire Ritesh Agarwal, founder of fast-growing hotel chain startup Oyo, has turned to Singapore to set up a new venture capital firm. With Aroa…

hotel, travel, RedDoorz

Oyo, RedDoorz put staff on unpaid leave as tourism grinds to a halt

Oyo and RedDoorz, two major startups that gather together independent hotels into an app, are putting significant numbers of their staff on unpaid leaves of absence as the…