Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Oyo raises $65 Mn from Ritesh Agarwal’s Redsprig Innovation
OYO has successfully raised $65 million from Ritesh Agarwal’s RedSprig Innovation, aiming to fuel its growth and innovation. The funds are expected to be directed towards expanding OYO’s global reach and enhancing its technology platform. The investment underscores the confidence investors have in OYO’s ability to adapt and thrive in the competitive hospitality sector. OYO's strategic focus remains on scaling its operations, improving customer experience, and strengthening its brand presence across international markets.