2012<\/span><\/h2>\n<\/td>\nTurnover in FY14-15<\/p>\nINR 2.4 Cr<\/span><\/h2>\n<\/td>\nGrowth\u00a0in FY14-15<\/p>\n400%<\/span><\/h2>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\nFounded by Ritesh Agarwal (aged 19 years then) in 2012, OYO claims to be India\u2019s largest branded network of hotels spread across 152 cities with more than 3000 hotels.<\/p>\n
![\"OYO](\"https:\/\/www.tofler.in\/blog\/wp-content\/uploads\/2015\/11\/Oyo-Rooms-logo.jpg\")
<\/a><\/p>\nOravel Stays Private Limited<\/a>, which owns and operates OYO Rooms, reported a turnover of INR 2.4 Crores in FY 2014-15<\/strong>, growing from a turnover of INR 51 lacs in the previous fiscal.<\/p>\n![\"OYO](\"https:\/\/www.tofler.in\/blog\/wp-content\/uploads\/2015\/11\/OYO-Graph3.png\")
<\/a><\/h3>\nHowever, at the time, OYO appeared to have been present only in 10 cities with 200 hotels. They have seen a phase of exponential expansion in FY15-16 with two major funding rounds this year. More details are awaited on OYO\u2019s financials and will be updated soon.<\/p>\n
OYO Rooms current shareholding structure<\/h3>\n
With the latest funding round from Softbank Group in August 2015, OYO\u2019s current shareholding looks like this:<\/p>\n
[table id=2 \/]<\/p>\n
*estimated from the documents available with the Ministry of Corporate Affairs<\/em><\/p>\nWith one of the youngest CEOs at its helm, OYO surely has managed to disrupt the hospitality sector in India so far. Going ahead, it\u2019s going to be a tough battle with competitors like Zo Rooms and a number of others fighting it out.<\/p>\n
\n
INR 2.4 Cr<\/span><\/h2>\n<\/td>\nGrowth\u00a0in FY14-15<\/p>\n400%<\/span><\/h2>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\nFounded by Ritesh Agarwal (aged 19 years then) in 2012, OYO claims to be India\u2019s largest branded network of hotels spread across 152 cities with more than 3000 hotels.<\/p>\n
<\/a><\/p>\nOravel Stays Private Limited<\/a>, which owns and operates OYO Rooms, reported a turnover of INR 2.4 Crores in FY 2014-15<\/strong>, growing from a turnover of INR 51 lacs in the previous fiscal.<\/p>\n<\/a><\/h3>\nHowever, at the time, OYO appeared to have been present only in 10 cities with 200 hotels. They have seen a phase of exponential expansion in FY15-16 with two major funding rounds this year. More details are awaited on OYO\u2019s financials and will be updated soon.<\/p>\n
OYO Rooms current shareholding structure<\/h3>\n
With the latest funding round from Softbank Group in August 2015, OYO\u2019s current shareholding looks like this:<\/p>\n
[table id=2 \/]<\/p>\n
*estimated from the documents available with the Ministry of Corporate Affairs<\/em><\/p>\nWith one of the youngest CEOs at its helm, OYO surely has managed to disrupt the hospitality sector in India so far. Going ahead, it\u2019s going to be a tough battle with competitors like Zo Rooms and a number of others fighting it out.<\/p>\n
\n
400%<\/span><\/h2>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\nFounded by Ritesh Agarwal (aged 19 years then) in 2012, OYO claims to be India\u2019s largest branded network of hotels spread across 152 cities with more than 3000 hotels.<\/p>\n
<\/a><\/p>\nOravel Stays Private Limited<\/a>, which owns and operates OYO Rooms, reported a turnover of INR 2.4 Crores in FY 2014-15<\/strong>, growing from a turnover of INR 51 lacs in the previous fiscal.<\/p>\n<\/a><\/h3>\nHowever, at the time, OYO appeared to have been present only in 10 cities with 200 hotels. They have seen a phase of exponential expansion in FY15-16 with two major funding rounds this year. More details are awaited on OYO\u2019s financials and will be updated soon.<\/p>\n
OYO Rooms current shareholding structure<\/h3>\n
With the latest funding round from Softbank Group in August 2015, OYO\u2019s current shareholding looks like this:<\/p>\n
[table id=2 \/]<\/p>\n
*estimated from the documents available with the Ministry of Corporate Affairs<\/em><\/p>\nWith one of the youngest CEOs at its helm, OYO surely has managed to disrupt the hospitality sector in India so far. Going ahead, it\u2019s going to be a tough battle with competitors like Zo Rooms and a number of others fighting it out.<\/p>\n
\n
<\/a><\/p>\nOravel Stays Private Limited<\/a>, which owns and operates OYO Rooms, reported a turnover of INR 2.4 Crores in FY 2014-15<\/strong>, growing from a turnover of INR 51 lacs in the previous fiscal.<\/p>\n However, at the time, OYO appeared to have been present only in 10 cities with 200 hotels. They have seen a phase of exponential expansion in FY15-16 with two major funding rounds this year. More details are awaited on OYO\u2019s financials and will be updated soon.<\/p>\n With the latest funding round from Softbank Group in August 2015, OYO\u2019s current shareholding looks like this:<\/p>\n [table id=2 \/]<\/p>\n *estimated from the documents available with the Ministry of Corporate Affairs<\/em><\/p>\n With one of the youngest CEOs at its helm, OYO surely has managed to disrupt the hospitality sector in India so far. Going ahead, it\u2019s going to be a tough battle with competitors like Zo Rooms and a number of others fighting it out.<\/p>\n<\/a><\/h3>\nOYO Rooms current shareholding structure<\/h3>\n
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