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 | D+ | 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 | 5 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
65.22k Twitter followers
OYO Rooms has 65.22k Twitter Followers. The number of followers has increased 0.4% month over month and increased 0.3% quarter over quarter
OYO Rooms's Trends
Twitter Engagement Stats for @oyorooms
13.7k
Tweets
25
Following
65.2k
Followers
156
Tweets last 30 days
5.6
Avg. likes per Tweet
78.8%
Tweets with engagement
OYO Rooms Company Culture
Overall Culture
D+
62/100
CEO Rating
F
23/100
Compensation
C+
69/100
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
July 22, 2021
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:…
July 16, 2021
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…
July 15, 2021
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…
July 15, 2021
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…
July 15, 2021
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…
July 15, 2021
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…
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.
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