Opens first OYO with our patron Rajesh Yadav at C68 South City 1, Gurugram, India
Receives Series-A funding
Launched the OYO App
Introduced the OYO tab to kickstart hassle-free hotel operations
Expanded to 100 cities and crossed 10,000 rooms
Expanded to Malaysia, first region outside India
Introduced dynamic pricing to capitalize seasonality, demand surges and special events.
Launched OYO Townhouse, a mid-market brand at handpicked locations for discerning travellers
Launched OYO Home to bring beautiful homestays for wanderlust seekers at holiday locations
Expanded outside of Asia - UK
Expanded to China
Launched OYO OS for property managers to ensure hassle-free operations
Launched in US and Europe
Partnered with Highgate for 1st flagship property- OYO Hotel & Casino Las Vegas
Launched OYO Lite, a lighter version of our consumer app
OYO has crossed the 50 million app downloads mark globally
OYO launched Sanitised stays- a safety protocol for all its hotels and homes
OYO Hotels & Homes was founded by Ritesh Agarwal, the first resident Asian to be accepted to the Thiel Fellowship (started by Paypal founder Peter Thiel). Travelling across India at the age of 17, Ritesh stayed in more than 100 bed and breakfasts, guest houses, and hotels to realize there was a massive dearth of affordable and good-quality hotels in the unbranded budget hotel category.
Aditya Ghosh is a seasoned business leader with over 22 years of experience. Aditya is currently a member of the Board of Directors at OYO. Most recently, he was the CEO at OYO Hotels & Homes- India & South Asia.
Bejul Somaia is a Partner at Lightspeed India Partners LLP, which advises Lightspeed Venture Partners, a global venture firm with more than USD 7 billion under management.
Betsy Atkins is a former three-time CEO and has served on some of the world’s most visible global public company boards. For 30 years, she has worked behind the scenes at companies like Chico’s, Vonage, Darden Restaurants, NASDAQ, HealthSouth, Wix, and Home Depot Supply.
Gerry Lopez is a global business executive with over 33 years of experience leading transformations and creating shareholder value across diverse businesses and industries, including Hospitality (Extended Stay America), Entertainment (AMC Theatres), Multi-Unit Retail (Starbucks), Food & Beverage (PepsiCo, International Home Foods), Consumer Packaged Goods (Procter & Gamble) and Supply Chain (Handleman Company). Over almost ten years at Extended Stay America and AMC Theatres.
Min (Jenny) Zhang Jenny has more than 15 years of experience in finance and consulting across multinational companies. She served as CEO of Huazhu from 2015 to 2019 where she joined the company in 2007 and also served as President, CFO and CSO. Jenny also has extensive finance and consulting experience as Finance Director for Eli Lilly Asia Inc. (Thailand), CFO at ASIMCO Casting (Beijing) and Management Consultant at McKinsey.
Munish Varma is a Managing Partner at SoftBank Investment Advisers in London and is responsible for the Vision Fund’s Indian investments. He is on the board of some of India’s fastest growing companies including OYO, PayTM and Delhivery. In addition he is focused on the FinTech and insure tech sector across Europe and led the fund’s recent investment in OakNorth.
Mohit Bhatnagar is currently a Managing Director with Sequoia Capital India and serves on the boards of Zomato, OYO, Citrus Payments, Freshworks, Meesho, Prizm Payments, Ujjivan Microfinance, Dailyhunt, Shuttl, OneAssist, Clevertap, Drip Capital & GoMechanic.
Troy worked with the Starbucks Corporation for 24 years having most recently served as Chief Operating Officer. He is also on the Board of Topgolf Group Ltd, Harley-Davidson Inc, and Levi Strauss & Co.
Dr. W. Steve Albrecht: Steve is the former president of the American Accounting Association and Association of Certified Fraud Examiners and has served on boards of 10 corporates