OYO
Malaysia’s Khazanah in talks to lead Softbank-backed OYO Hotel’s $400M fund raise – report
Talks are still ongoing and Khazanah can still decide to not invest, Bloomberg reported.
Travel tech firms await ‘revenge traveling’ as Malaysia reopens, but concerns remain
Travel tech firms are finally able to hope for a better year as Malaysia reopens for international travelers after two years. But still, the recovery of the traveling industry may not be a smooth one as a sub-variant of the highly transmissible Omicron version of coronavirus, BA.2, is now dominant worldwide, prompting surges in countries across US, Europe…
SoftBank-backed Indian hotel aggregator OYO files draft papers for $1.14B IPO
The hotel aggregator's IPO plan also comes at a time when travel restrictions are being eased in many countries and the tourism sector is expected to rebound.
Oyo’s Ritesh Agarwal starts VC firm in Singapore
With Aroa Ventures, he’s investing up to $5 million in startups.
Oyo, RedDoorz put staff on unpaid leave as tourism grinds to a halt
Hotel bookings are way down as the virus hits the travel industry especially hard.
