OYO

OYO

OYO Rooms is a technology driven chain of standardized budget hotels in Delhi, Gurgaon, Noida, Bangalore and Mumbai.

About OYO

OYO Rooms is India’s fastest growing branded network of hotels. It now operates in 10 major business and travel destinations including Delhi, Gurgaon, Noida, Bangalore, Mumbai, Hyderabad, Jaipur, Goa, Pune & Manesar.

OYO Rooms offers an unmatched proposition to its consumers at affordable prices that start at Rs. 999. OYO Rooms promises every customer a comfortable stay that includes an AC room, complimentary breakfast and wifi with 24*7 customer service support. Hotel owners that partner with OYO Rooms see a significant increase in occupancy levels and become a part of a brand that is recognized and loved nationwide.

OYO Rooms has created a new paradigm in asset light marketplace models pioneered by the likes of Uber and Airbnb. This innovation coupled by sound execution has earned OYO Rooms several national and international accolades including TIE Lumis Business Excellence Awards, India International Travel Mart Award and Lufthansa ET Now Runaway to Success Award.

From a single hotel in May 2013 to over 3000+ hotels at present, theirs has been an inspiring journey from a smart idea to India's largest branded network of hotels with the dream of becoming the world's largest branded network of hotels.

They are India's largest branded network of hotels spread across 148 cities with 3000+ hotels offering standardized stay experiences at an unmatched price.

OYO Rooms has received several national and international accolades including Business World Young Entrepreneur Award, TiE Lumis Business Excellence Awards, India International Travel Mart Award, Startup of the Year- Express IT Award and Lufthansa ET Now Runway to Success Award.

Team

Funding

INVESTOR
STAGE
AMOUNT
DATE
Round: Venture Round
Round Size: US$100M
Date: Feb 2019

United States of America

Round: Venture Round
Round Size: US$1,000M
Date: Sep 2018

United States of America

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Round: Series D
Round Size: US$250M
Date: Sep 2017
Round: Venture Round
Round Size: US$62M
Date: Aug 2016

United States of America

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Round: Venture Round
Round Size: US$100M
Date: Apr 2016

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Round: Series B
Round Size: US$100M
Date: Aug 2015

United States of America

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Round: Venture Round
Round Size: US$25M
Date: Mar 2015

Singapore

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Round: Seed
Round Size: US$650K
Date: May 2014
Round: Angel
Round Size: Undisclosed
Date: Jan 2013