OYO, India headquartered global travel technology company announced the elevation of Shreerang Godbole as the Chief Service Officer and Shirish Damani as the company’s Chief Revenue Officer. These appointments are in line with OYO’s efforts to optimize its service technology, improve and scale customer experience and help its patrons (hotel owners) build branded, digitally-enabled storefronts with higher revenue generation potential, the statement…
Tag: OYO
OYO elevates Rohit Kapoor to Global Chief Marketing Officer, Ankit Tandon takes on additional role of CEO-SEA & ME, & Ankit Gupta elevated as CEO – India
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•India headquartered global travel tech major OYO, announced that it is elevating Rohit Kapoor to a global role as the company’s marketing head, from his current position of CEO – India & Southeast Asia. The company also announced that its Global Chief Business Officer, Ankit Tandon will take on the additional responsibility of Southeast Asia with specific focus on…
OYO appoints ex-PayU exec Prakash Padariya as Chief Information Security Officer
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•Global hospitality technology platform, OYO, has announced the appointment of Prakash Padariya as the Chief Information Security Officer (CISO) for IT and security teams. In this new role at OYO, Prakash will helm a security strategy for OYO’s systems globally, including regions such as India, SEA, Europe, USA and the UK. In his role as CISO…
Satyadeep Mishra joins OYO as CHRO for Tech & Corporate teams
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•Global hospitality technology platform, OYO, has announced the appointment of Satyadeep Mishra as the Chief Human Resources Officer for its Technology, Product, Shared Services and International Markets teams. Satyadeep joins OYO from Jio and brings with him 20+ years of experience in co-creation and execution of people strategy and a track record of end-to-end HR programs…
OYO hires Nirdosh Chouhan as SVP of Engineering and Kranthi MA as Sr. Principal Data Scientist
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•Global travel technology platform, OYO, has announced the appointment of two new senior leaders for engineering and data science. Nirdosh Chouhan, previously at Apple, joins the company as the Senior Vice President of Engineering, while Kranthi Mitra Adusumilli, previously at Swiggy, comes onboard as OYO’s Sr. Principal Data Scientist. Both Nirdosh and Kranthi will directly…
OYO elevates Ankit Gupta as Chief Executive Officer, Franchise & Frontier – India
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•OYO has announced the elevation of Ankit Gupta to Chief Executive Officer, Franchise & Frontier – India. As a part of his expanded responsibilities, Ankit will be leading its flagship Hotels & Homes business as well as other verticals. He will continue reporting to Rohit Kapoor, CEO, OYO India & South-East Asia. Ankit will focus…
OYO appoints Indian woman paralympics medalist Deepa Malik as Independent Director
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•Global hospitality tech player, Oravel Stays Limited (OYO) announced the appointment of Deepa Malik, an Indian Athlete and a silver-medalist at the 2016 Paralympic Games, as an independent director on the company’s board of directors as on 26th September 2021. Dr. Malik is currently the President of the Paralympic Committee of India (PCI). Welcoming its…
OYO raises $660 mn through its maiden TLB funding
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•OYO, has announced that it has raised a TLB funding of $660 million from global institutional investors. The offer was oversubscribed by 1.7 times and the company received commitments of close to $1 bn from institutional investors. The company will utilize these funds to retire its past debts, strengthen the balance sheet and other business…
OYO names Nitin Thakur as Head of Communications
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•OYO Hotels & Homes has announced that it has named Nitin Thakur as its Head of Communications. Speaking on the announcement, Chief Growth Officer of OYO – Kavikrut commented, “At OYO, we are firm believers in communicating proactively and transparently. Since OYO’s early days, our communication strategy across the press, social media, and new emerging…
Nitin Thakur appointed Head of Communications at OYO
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•OYO announced the appointment of Nitin Thakur as the Head of Communications. He would be a part of OYO’s global leadership team. Thakur comes with over two decades of experience and would be responsible for looking at both internal and external communications for OYO, according to a statement. In this new role, Thakur will be responsible for driving…
OYO announces new appointments and elevations
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•OYO Hotels & Homes has announced new appointments and elevations across its global leadership in verticals including technology, supply, and product. The company has named Ankit Mathuria as the new Chief Technology Officer. Ankit succeeds Anil Goel, who helped build OYO’s tech prowess from the ground up and will continue to counsel OYO as an…
Oyo secures Rs 54 cr funding from Hindustan Media Ventures
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•Softbank-backed hospitality firm Oyo has raised Rs 54 crore from Hindustan Media Ventures as part of Series F1 round, according to a regulatory filing by the company. Hindustan Media Ventures Ltd subscribed to 125 Series F1 Compulsory Convertible Cumulative Preference Shares (Series F1 CCCPS) of the face value of Rs 100 each for cash at…
Sequoia’s MD Mohit Bhatnagar resigns from Oyo board, to hold observer position
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•Oyo announced that Mohit Bhatnagar has resigned as Director, effective June 30, 2020, according to the company’s regulatory filings. His resignation was accepted at the company’s board meeting held on September 24. Mohit will now hold a board observer position at the company. Oyo added that Bejul Somaia, partner at Lightspeed India Partners, will continue…
OYO appoints Tejal Patil as Senior Legal Advisor for India and South Asia
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•OYO Hotels & Homes, one of the world’s leading hotel chains announced the appointment of Tejal Patil as Senior Legal Advisor for India & South Asia, effective 21st September 2020. Tejal will be reporting into Rohit Kapoor, Chief Executive Officer, India & South Asia, OYO and working in conjunction with Rakesh Prusti, Global General Counsel,…
Oyo extends furloughs for some of its Indian employees until end of February 2021
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•In order to sustain the current crisis, Softbank-backed Oyo Hotels & Homes is extending furloughs for some of its Indian employees by six months, Oyo said. The move is in line with the rising coronavirus cases in the country, creating uncertainty on the reopening of hotels in the near future. “Recovery in business was taking…