OYO

OYO Hotels and Homes Pvt Ltd. is a hospitality company based in Ahmedabad, India, that was founded in 2013. The company specializes in owning and operating a network of hotels, homes, and living spaces, which are available for booking through its mobile application. OYO aims to provide affordable and comfortable accommodation options, catering to both budget-conscious travelers and those seeking premium experiences. By offering technology-driven solutions, OYO empowers entrepreneurs and small business owners in the hospitality sector, enhancing their operational efficiency and revenue potential. The company is a subsidiary of Oravel Stays Private Limited and is recognized for its commitment to delivering quality services comparable to those of five-star hotels while remaining accessible to a broader audience.

Rakesh Kumar

CFO

Past deals in Rental

Motel 6

Acquisition in 2024
Motel 6 is a motel chain that provides budget-friendly lodging through a network of hotels located primarily in the United States and Canada. The company offers clean and comfortable rooms, catering to travelers seeking affordable accommodations. Originally known as La Quinta Inn, it rebranded to Motel 6 in August 2013. Based in Tulsa, Oklahoma, Motel 6 operates as a subsidiary of Maankee Hospitality LLC. The chain is strategically positioned near airports, freeways, and other major thoroughfares, ensuring convenient access for guests. Through its ownership, operation, and franchising model, Motel 6 aims to deliver memorable experiences at a value-oriented price point.

Checkmyguest

Acquisition in 2024
Checkmyguest is a rental management company based in Paris, France, specializing in short-term rentals and mobility leases. Founded in 2016, the company focuses on transforming commercial premises into seasonal rental accommodations, allowing property owners to optimize profitability. Checkmyguest offers a comprehensive service that manages the entire rental process, from the initial study phase to full operation. In addition, the company provides a reservations tracking service and enhances the appeal of properties through professional photography, ensuring that accommodations attract future guests.

Direct Booker

Acquisition in 2022
Direct Booker is a technology-driven vacation rental company offering management services, booking platforms, software solutions, and franchise opportunities for vacation properties. They specialize in handling inquiries and arrangements for villas and apartments within their network.

Danamica

Acquisition in 2019
Danamica is a Copenhagen-based company that specializes in developing advanced pricing tools for vacation rental agencies. Its innovative technology enables users to implement optimal and dynamic pricing strategies at a low cost, effectively maximizing the revenue potential of their rental properties. By continuously monitoring and analyzing the holiday rental market and local demand, Danamica provides valuable insights that allow agencies to assess their property performance in relation to competitors. The company's user-friendly solutions are designed to replace outdated pricing methods, helping rental agencies enhance their profitability through data-driven decision-making.

Leisure Group

Acquisition in 2019
The Leisure Group is one of the largest players in the European online market for accommodation rentals, such as holiday homes, holiday parks and hotels. @Leisure is the market leader in both the Benelux and the German online travel markets. Leisure offers in excess of 300,000 holiday properties in 36 countries, approximately 20,000 of which are under direct contract.

OYO LIFE

Funding Round in 2018
OYO LIFE is a rental housing service operating in Japan, aimed at providing affordable accommodations for citizens, students, and young professionals. The company focuses on creating unique living experiences by streamlining the occupancy process, allowing users to complete all necessary procedures through their smartphones. This approach enhances convenience and accessibility for those seeking rental options, positioning OYO LIFE as a significant player in the housing rental market.

Weddingz

Acquisition in 2018
Weddingz.in is India's largest wedding company, offering a comprehensive discovery platform for a variety of wedding services. It connects users with wedding venues and service providers, including photographers, makeup artists, and planners. The platform enables users to easily find and book the necessary services for their weddings, ensuring a streamlined planning process. Weddingz.in aims to provide not only inspiration but also competitive pricing for all aspects of wedding planning, catering to the diverse needs of couples preparing for their special day.

Novascotia Boutique Homes

Acquisition in 2018
Novascotia Boutique Homes is a Chennai-based service apartment operator founded by G Madhu Manohar and Girja Madhu. The company specializes in providing executive furnished accommodations across various cities, including Chennai, Coimbatore, Hyderabad, Kochi, and Trivandrum, managing approximately 350 rooms. Catering primarily to corporate clients and multinational companies, Novascotia offers full-time caretaker and cook services, on-call laundry, daily housekeeping, and transportation arrangements. Their facilities include comprehensive security measures such as CCTV and night patrolling, as well as amenities like Tatasky DTH and a ladies supervision hub. With five categories of guest houses available, Novascotia Boutique Homes accommodates around 500 guests daily, ensuring a comfortable and secure environment for business personnel.
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