OverviewSuggest Edit
OYO Rooms operates a branded network of hotels designed to offer standardized stay experiences. The Company provides rooms at prices falling under a reasonable budget segment, enabling customers to access seamless amenities and experiences.
| Type | Private | |
| Founded | 2013 | |
| HQ | Gurugram, IN | Map |
| Website | oyorooms.com | |
| Employee Ratings | More | |
| Overall Culture | F | More |
Recent NewsAll News
- India's OYO Rooms hospitality chain rolls out four-day workweek, flexible leave amid pandemic surge
- Overnight success takes at least 5 to 10 years, says Ritesh Agarwal of OYO Rooms
- SoftBank-backed Oyo Rooms fires thousands of employees across China and India
- Battling Yourself: OYO Rooms CEO Ritesh Agarwal on how to succeed in China
Key People/Management at OYO Rooms
Ritesh Agarwal
Founder and CEO
Abhinav Sinha
COO
OYO Rooms Office Locations
OYO Rooms has an office in Gurugram
Gurugram, IN (HQ)
Golf Course Ext Rd, Sector 69
OYO Rooms Financials and Metrics
Summary Metrics
Founding Date | 2013 |
OYO Rooms total Funding | $3.3 b |
OYO Rooms latest funding size | $7.4 m |
Time since last funding | 2 months ago |
OYO Rooms investors | Sequoia Capital, Lightspeed Venture Partners, SoftBank Capital, DSG Consumer Partners, Softbank, Greenoaks Capital, Airbnb, Anand Ladsariya, Lightspeed, Amit Patni, VentureNursery, Huazhu Hotels Group, Didi Chuxing, Lightspeed Venture Partners India, Grab, Shravan Shroff, Ravi Kiran, Bharat Banka, SoftBank Vision Fund, Hero Enterprise, Ritesh Agarwal, MyPreferred Transformation, Hindustan Media Ventures |
OYO Rooms's latest funding round in March 2021 was reported to be $7.4 m. In total, OYO Rooms has raised $3.3 b. OYO Rooms's latest valuation is reported to be $9 b.
OYO Rooms Revenue
OYO Rooms's revenue was reported to be ₹67.1 b in FY, 2019 which is a 350.7% increase from the previous period.
| INR | |
|---|---|
Revenue (FY, 2019) | 67.1b |
Revenue growth (FY, 2018 - FY, 2019), % | 350.7% |
Net income (FY, 2019) | (23.6b) |
EBITDA (FY, 2019) | (24.7b) |
Market valuation | 9.0b |
- Source: Inc42 March 2021
Show all financial metrics
OYO Rooms Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Danamica | September 02, 2019 | $10 m |
| Leisure Group | May 01, 2019 | $415 m |
| Innov8 Coworking | March 15, 2019 | $31.84 m |
| AblePlus Solutions Pvt. Ltd. | July 10, 2018 | |
| Novascotia Boutique Homes | March 18, 2018 |
OYO Rooms Revenue Breakdown
OYO Rooms revenue breakdown by geographic segment: 32.2% from China, 63.4% from India and 4.3% from Other
OYO Rooms Cybersecurity Score
OYO Rooms Online and Social Media Presence
65.21k Twitter followers
OYO Rooms has 65.21k Twitter Followers. The number of followers has increased 0.4% month over month and increased 1.6% quarter over quarter
OYO Rooms's Trends
Twitter Engagement Stats for @oyorooms
13.5k
Tweets
25
Following
65.2k
Followers
39
Tweets last 30 days
12.3
Avg. likes per Tweet
48.7%
Tweets with engagement
OYO Rooms Company Culture
Overall Culture
F
39/100
CEO Rating
F
30/100
Compensation
D
55/100
OYO Rooms News and Updates
May 16, 2021
India's OYO Rooms hospitality chain rolls out four-day workweek, flexible leave amid pandemic surge
The initiatives aim to alleviate employees' stress levels amid the surging pandemic the has recently beleaguered the sub-continent
May 29, 2020
Overnight success takes at least 5 to 10 years, says Ritesh Agarwal of OYO Rooms
Ritesh Agarwal of OYO Rooms on surviving post-COVID-19, being in the news for wrong reasons, and reviving the travel and hospitality industry.
January 22, 2020
SoftBank-backed Oyo Rooms fires thousands of employees across China and India
LatAm List – Oyo Rooms, an Indian hotel network recently laid off thousands of employees and slashed other costs as it faced pressure from its biggest investor SoftBank. The Japanese tech giant invested about $1.5B in Oyo through its $108B Vision Fund to promote the company’s global expansion. The h…
June 19, 2019
Battling Yourself: OYO Rooms CEO Ritesh Agarwal on how to succeed in China
Within a span of 18 months, OYO is now the second largest hotel chain in China boasting 450,000 rooms in 10,000 OYO hotels present in 320 cities. The fast-growing hospitality start-up is valued at USD 5 billion.
The post Battling Yourself: OYO Rooms CEO Ritesh Agarwal on how to succeed in China app…
June 19, 2019
Battling Yourself: OYO Rooms CEO Ritesh Agarwal on how to succeed in China
Within a span of 18 months, OYO is now the second largest hotel chain in China boasting 450,000 rooms in 10,000 OYO hotels present in 320 cities. The fast-growing hospitality start-up is valued at USD 5 billion.
The post Battling Yourself: OYO Rooms CEO Ritesh Agarwal on how to succeed in China app…
April 05, 2019
Oyo Rooms looks to build own cloud kitchen brands
While the core idea is to standardize food across its properties, Oyo may list its cloud kitchen brands on Swiggy and Zomato.Oyo was in advanced talks to buy a stake in cloud-kitchen startup Freshmenu, but there is now some uncertainty over the deal
OYO Rooms Blogs
May 14, 2021
Best places to visit in march in india to enjoy last leg of winters
Winter time in India begins in November and goes on till March. There are various exciting places in India (in the North) that encounter an extended spell of winter. The likes of Dharmashala and Dalhousie, among others, offer ample opportunities to people to enjoy the last leg of winter. Summer beg…
May 14, 2021
8 best places to spot tiger in march in india
Tiger happens to be India’s national animal, and there are various places that one can visit in India to spot the tiger. The first place that comes to mind when one thinks of sighting a tiger in India is the Gir National Park (Gujarat). However, there are various other sanctuaries, such as Sariska, …
May 14, 2021
7 underrated yet surprisingly best places to eat in shimla for all food connoisseurs
Shimla, one of the best summer destinations in India during the British Raj, has now transformed itself into one of the best tourist spots in India. Be it Indian tourists or those from abroad, Shimla is loved and admired by just about everybody. All those wanting to spend a breath-taking vacation in…
May 14, 2021
8 places to visit in varanasi during holi festival
Much like Mathura, Varanasi is also a popular tourist destination in India during Holi season. One of the best destinations in India during Holi time, Varanasi is one of the most popular destinations in India for Hindu pilgrims. The city gets bathed in a myriad of colours during Holi celebrations. …
May 14, 2021
8 pristine andaman & nicobar island beaches for a perfect beach holiday in 2021
Andaman &Nicobar Islands happen to be just the destination for all those who happen to love beaches that are sparsely-populated and are away from the commercial world. Andaman & Nicobar are both equipped with some of the best amenities for tourists and travellers. Those who love beaches shou…
May 14, 2021
8 scenic tourist spots in dharamshala to visit on a summer holiday in 2021
Dharamshala happens to be the ultimate dream of a hodophile. Those looking to spend time in the arms of the Mother Nature can make their way to Dharamshala without thinking much. Moreover, all those searching for peace and tranquillity can hit this tiny little town, located in the Kangra District of…
OYO Rooms Frequently Asked Questions
When was OYO Rooms founded?
OYO Rooms was founded in 2013.
Who are OYO Rooms key executives?
OYO Rooms's key executives are Ritesh Agarwal and Abhinav Sinha.
How many employees does OYO Rooms have?
OYO Rooms has 15,371 employees.
What is OYO Rooms revenue?
Latest OYO Rooms annual revenue is ₹67.1 b.
What is OYO Rooms revenue per employee?
Latest OYO Rooms revenue per employee is ₹4.4 m.
Who are OYO Rooms competitors?
Competitors of OYO Rooms include Yatra, Fabhotels and Treebo.
Where is OYO Rooms headquarters?
OYO Rooms headquarters is located at Golf Course Ext Rd, Sector 69, Gurugram.
Where are OYO Rooms offices?
OYO Rooms has an office in Gurugram.
How many offices does OYO Rooms have?
OYO Rooms has 1 office.
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