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.

TypePrivate
Founded2013
HQGurugram, IN
Websiteoyorooms.com
Employee Ratings3.3
Overall CultureD+

Latest Updates

Employees (est.) (Jul 2021)14,822(-1%)
Revenue (FY, 2019)₹67.1 B(+351%)
Cybersecurity ratingCMore

Key People/Management at OYO Rooms

Ritesh Agarwal

Ritesh Agarwal

Founder and CEO
Abhinav Sinha

Abhinav Sinha

COO
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OYO Rooms Office Locations

OYO Rooms has an office in Gurugram
Gurugram, IN (HQ)
Golf Course Ext Rd, Sector 69
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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

5 months ago

OYO Rooms investors

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.
View all funding rounds

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
INRFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

240.0m25.0b14.9b67.1b

Revenue growth, %

(40%)351%

Operating expense total

320.0m5.2b18.2b89.9b

EBITDA

(4.0b)(24.7b)
Show all financial metrics

OYO Rooms Operating Metrics

Jan, 2013Jun, 2013Jul, 2014Aug, 2016Dec, 2016Jul, 2017Aug, 2018Apr, 2019Jul, 2019Feb, 2020

Countries

8080

Customers' Calls Handled

6.5 m

Hotels

13136.5 k7 k8.5 k13 k23 k43 k

Room Nights Requested

4 m
Show all operating metrics

OYO Rooms Acquisitions / Subsidiaries

Company NameDateDeal Size
DanamicaSeptember 02, 2019$10 m
Leisure GroupMay 01, 2019$415 m
Innov8 CoworkingMarch 15, 2019$31.84 m
AblePlus Solutions Pvt. Ltd.July 10, 2018
Novascotia Boutique HomesMarch 18, 2018

OYO Rooms Revenue Breakdown

Embed Graph

OYO Rooms revenue breakdown by geographic segment: 32.2% from China, 63.4% from India and 4.3% from Other

OYO Rooms Cybersecurity Score

Cybersecurity ratingPremium dataset

C

78/100

SecurityScorecard logo

OYO Rooms Online and Social Media Presence

Embed Graph

OYO Rooms Company Culture

  • Overall Culture

    D+

    62/100

  • CEO Rating

    F

    23/100

  • Compensation

    C+

    69/100

Learn more on Comparably

OYO Rooms News and Updates

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

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.

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…

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…

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…

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
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OYO Rooms Blogs

Samarthan by OYO: OYO launches COVID-19 Bereavement Support for its Patrons

Today we have announced ‘Samarthan by OYO’, which includes several welfare benefits for the families of our patrons, deceased due to COVID-19 as part of our bereavement support in the country. In the unfortunate event of death due to COVID-19, bereavement support will include the following measures:…

OYO raises $660 mn through its maiden TLB funding from leading institutional investors, Oversubscribed 1.7 times

We are among the first Indian Startups to be publicly rated by Moody’s & Fitch and to the first to raise capital through the TLB offering TLB refers to a tranche of senior secured syndicated credit facility from global institutional investors We closed  the $600 Mn capital raise on May 20th at a…

Best weekend destinations in bangalore to explore on a break

Bangalore is one of the most popular cities in the country. Known as the Silicon Valley of India, the city is one of the fastest-growing commercial hubs in South India (Karnataka). In terms of tourism, Bangalore is surrounded by a host of popular spots, many of which serve as weekend getaways. All t…

Mountain marvel – top tourist attractions in manali for nature lovers

Manali is the ideal place to travel to for all those who wish to leave behind a largely materialistic lifestyle in order to breathe fresh air. Manali is the go-to place for all those who enjoy nature and the beauty that it holds in store. There are various places of interest that would end up […] Th…

A trip through puri: major attraction for tourists to witness

Puri is a great destination for those who want to explore untapped beaches in India. When it comes to beaches, people think of Goa while Puri gets left behind. However, a trip to Puri is not just about beaches, but also about the various places that people can explore. Take this for an example: peop…

8 best cafes & restaurants to explore in mussoorie on your getaway

Mussoorie, often nicknamed the “Queen of Hills”, is bestowed with breathtaking scenery in Uttarakhand. If you are visiting Mussoorie, to enjoy the panoramic views of the verdant mountains, you cannot miss out on trying some delicious food at some of the best cafes and restaurants in Mussoorie. Imagi…
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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 14,822 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 ₹4.5 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.