September 23, 2017 7:13 AM ET

Hotels, Restaurants and Leisure

Company Overview of Oravel Stays Private Ltd

Company Overview

Oravel Stays Private Ltd owns and operates a budget hotel chain, OYO Rooms. The company was founded in 2011 and is based in Gurgaon, India.

Unit - 325, B-2 Tower

Spaze I-Tech Park

Sohna Road

Sector -49

Gurgaon,  110049

India

Founded in 2011

Phone:

91 80 1004 4466

Key Executives for Oravel Stays Private Ltd

Founder and Chief Executive Officer
Head of Kerala Hub
Chief Technology Officer
General Counsel
Chief Human Resources Officer
Compensation as of Fiscal Year 2017.

Oravel Stays Private Ltd Key Developments

China Lodging Group, Limited Announces Strategic Alliance with Oravel Stays Private Ltd

China Lodging Group, Limited announced that it has entered into a five-year Memorandum of Understanding (“MoU”) on September 8, 2017 with Oravel Stays Private Ltd. to facilitate and strengthen collaboration to build a global market leading hospitality business. Under the MoU, China Lodging Group and OYO will explore opportunities for mutual collaboration in four fields: knowledge and technology sharing, strategic alliances and partnerships in various areas, including but not limited to local sourcing and procurement and joint loyalty programs, new venture partnership opportunities, and investment. As part of this collaboration, China Lodging Group has agreed to make a USD 10 million equity investment in OYO to become a minority shareholder (less than 5%). China Lodging Group and OYO will also discuss collaboration in a variety of other areas of mutual interests pursuant to the MoU.

Oyo Appoints Suvesh Malhotra as VP-Engineering

OYO appointed Suvesh Malhotra as VP-Engineering. As part of OYO's technology leadership team, Suvesh will work on building technology as a core differentiator to deliver a best-in-industry user experience. In this role, he will oversee OYO's consumer technology including consumer experience, ordering and payment platforms and data analytics to design and deliver solutions to meet evolving consumer needs. Suvesh joins OYO from Amazon.com where he was leading technology for BuyVIP, a flash sales e-commerce platform.

OYO Rooms Appoints Suvesh Malhotra as Vice-President of its Engineering Vertical

OYO Rooms has appointed Suvesh Malhotra as vice-president of its Engineering vertical. In his new role, Malhotra will oversee OYO's consumer technology including consumer experience, ordering and payment platforms and data analytics to design and deliver solutions to meet evolving consumer needs. Prior to this appointment, Malhotra worked for Amazon.com. He has also worked with Stepout, Homeshop18 and Oracle.

Similar Private Companies By Industry

Company Name Region
A.N. Traders Private Limited Asia
Aadya Restaurants Private Limited Asia
Aamby Valley City Asia
Aarusha Homes Private Limited Asia
Abad Hotels Pvt ltd. Asia

Recent Private Companies Transactions

Type
Date
Target
Private Placement
September 8, 2017
--
Private Placement
September 7, 2017
--
Private Placement
September 30, 2016
--
\
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
The Advertising Council, Inc. United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Tax Management Inc United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Oravel Stays Private Ltd, please visit www.oyohotels.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.