Having raised $1 billion from the Japanese investor SoftBank, India's hospitality unicorn Oyo entered the U.S. market by opening an office in Dallas, and is testing the market with OYO Townhouses in Austin, Texas. The company generates most of its demand directly, and its customers book rooms via its mobile app. Oyo focuses on the...
Budget Hotel Entrepreneur Raises $125 million
21-year old Ritesh Agarwal has created India's largest network of budget hotels in less than two years. "I am not being arrogant when I say I re-imagined how new-age hospitality will look like. In just one and a half years we are bigger than the country's largest hotel group by...