Loading organizations...
Loading organizations...
OYO operates as a technology-driven hospitality platform, empowering independent hotel and home owners globally. It offers a comprehensive technology suite to optimize revenue, enhance online presence, and streamline partner operations. This approach aims to improve guest experiences and establish consistent brand identity across its network of properties.
The company was founded in 2013 by Ritesh Agarwal, notably the first resident Asian accepted into the Thiel Fellowship. Agarwal conceived the business after extensive travels across India at 17, identifying a significant market void for standardized, affordable, and quality accommodations within the unbranded budget hotel segment.
OYO primarily serves property owners with technological solutions for efficient management, alongside catering to travelers seeking reliable and value-for-money lodging. It also assists corporate clients. Its vision is to become a leading global chain of hotels and homes, enhancing accessibility, ease, and affordability in the hospitality sector.
Oyo has raised $3.5B across 13 funding rounds.
Key people at Oyo.
Oyo was founded in 2013 by Ritesh Agarwal (Co-Founder).
Oyo has raised $3.5B in total across 13 funding rounds.
Oyo is valued at approximately $96.0M.
Oyo was founded in 2013 by Ritesh Agarwal (Co-Founder).
Oyo has raised $3.5B in total across 13 funding rounds.
Oyo is valued at approximately $96.0M.
Oyo's investors include Microsoft, Anant Maheshwari, Airbnb.
Key people at Oyo.
OYO operates as a technology-driven hospitality platform, empowering independent hotel and home owners globally. It offers a comprehensive technology suite to optimize revenue, enhance online presence, and streamline partner operations. This approach aims to improve guest experiences and establish consistent brand identity across its network of properties.
The company was founded in 2013 by Ritesh Agarwal, notably the first resident Asian accepted into the Thiel Fellowship. Agarwal conceived the business after extensive travels across India at 17, identifying a significant market void for standardized, affordable, and quality accommodations within the unbranded budget hotel segment.
OYO primarily serves property owners with technological solutions for efficient management, alongside catering to travelers seeking reliable and value-for-money lodging. It also assists corporate clients. Its vision is to become a leading global chain of hotels and homes, enhancing accessibility, ease, and affordability in the hospitality sector.
Oyo has raised $3.5B across 13 funding rounds. Most recently, it raised $173.5M Series G in August 2024.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Mar 21, 2023 | Univest | $1.5M Seed | Trinity Media Group | Envision Learning, McKinsey & Company, OYO, Raheja Group, Reliance Industries, Tata AIA Life Insurance Company |
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Aug 11, 2024 | $173.5M Series G | ||
| Mar 12, 2024 | $24.2M Debt | ||
| Aug 19, 2021 | $5.0M Other Equity | Microsoft | |
| Aug 1, 2021 | Oyo Valuation 2021-08-01 | Microsoft, Anant Maheshwari | |
| Aug 1, 2021 | Hopin Valuation 2021-08-01 | Microsoft, Anant Maheshwari | |
| Aug 1, 2021 | Talkdesk Valuation 2021-08-01 | Microsoft, Anant Maheshwari | |
| Aug 1, 2021 | Rapyd Valuation 2021-08-01 | Microsoft, Anant Maheshwari | |
| Jul 19, 2019 | $2.0B Other Equity | ||
| Apr 2, 2019 | $200.0M Other Equity | Airbnb | |
| Sep 25, 2018 | $1.0B Series E | ||
| Sep 12, 2017 | $10.0M Other Equity | ||
| Aug 3, 2015 | $100.0M Other Equity | ||
| Apr 6, 2015 | $25.0M Other Equity |
