The document outlines the journey of OYO Rooms, a network of tech-enabled branded budget hotels founded by Diljit Singh Khalsa at age 17. It began as Oravel Stays in 2011, now operates over 2,000 properties across 100+ cities in India, and supports significant occupancy rates with 5 lakh+ room nights booked monthly. The document also highlights key funding rounds from various investors, including Softbank and Sequoia.

1. By – Kinjal Maheshwari
Diljit Singh Khalsa Assigned by – Dr. Tanvi Pathak Ma’am

2.  Network of tech enabled branded budget
hotels.
 Aggregator of these hotels, just like Ola is for
cabs.

3. Age 21
Founder of OYO Rooms.
Started at age 17.
College dropout.
First Indian to win Thiel Fellowship.

4.  General Overview:
• Started as Oravel Stays in 2011
• Headquarter in Gurgaon, Delhi.
• India’s largest branded network of hotels.
• Operates in 100+ cities.
• Started with 1 property.
• Currently associated with 2000+ properties.

6.  Identifying.
 Making an appointment.
 Setting terms.
 Setting standards.
 Physical transformation.
 Auditing the fixes.
 Making it live on Oyo portal.

7.  Currently booking 5 Lakh+ room nights every
month.
 Hotels register 80-90% occupancy on an
average.
 Cost of unoccupied rooms is indemnified by
Oyo to the hotels.

8.  Zo Rooms.
 Wudstay.
 FabHotels.
 Stayzilla.
 Room n House
 DayHalt.

9.  2012 : Got its first round of funding from
Venture Nursery.
 2014 : Another round of funding came from
Lightspeed Ventures.
 2015 : Raised INR 150 crore from Lightspeed,
Sequoia and others.
 2015 : Raised INR 650 crore from SoftBank.