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Central Institute of Business Management Research & Development

2018-2019
Master of Business Administration

Summer Internship
Project

Oravel Stays Pvt Ltd

Presented By : Under the Guidance :


Saurabh V Jagshettiwar Dr. S. S. Shukla
MBA 3rd Semester
INTRODUCTION TO OYO :
 OYO Homes & Hotels, commonly known as OYO

 OYO Rooms, is South Asia's largest hospitality


company, one of China’s top two, and the world’s
third-largest and fastest-growing chain of leased
and franchised hotels, homes & living spaces.

 Founded in 2013 by Ritesh Agarwal, OYO initially


consisted mainly of budget hotels

 Over a span of 6 years, the startup expanded globally


with thousands of hotels, vacation homes and millions
of rooms across hundreds of cities in India, Malaysia,
UAE, Nepal, China, UK, Philippines, Japan, Saudi
Arabia, Indonesia, Vietnam, USA and more

 The company’s investors include SoftBank Group,


Greenoaks Capital, Sequoia India, Lightspeed India
Hero Enterprise, Airbnb and China Lodging Group
FOUNDER :
Mr. Ritesh Agarwal
Founder CEO
 He is the founder and CEO of disruptive
hospitality business and app - Oyo Rooms – a
network of 2,200 hotels operating in 154 cities
across India - with monthly revenues of $3.5m
and 1,500 employees.
 It also features among the companies which are
tipped to become the next start-up unicorns
according to CB Insights research's findings,
published in The New York Times. It has raised a
total of $125million of funding in 4 rounds from 7
investors.
 Agarwal has won many awards and accolades
for his work including the Business World Young
Entrepreneur Award. He is a regular speaker at
entrepreneurial conferences and institutes across
India and the world and a fellow of the Thiel
foundation.
 Agarwal holds a high school degree from St.
Johns Senior Secondary School.
VISION OF OYO :

“The company's vision is to become the most preferred


and trusted hotel brand in the world.”

MISSION OF OYO :
“Building the world’s largest technology driven hotel network.”
PRESENT SITIUATION :
Valuation of

$ 10 BILLION
3rd
Largest Hotel
Chain

300+ Cities
200000+ Rooms in INDIA
WHAT I HAVE LEARN :
Work Profile :
Job title : Business Development Intern
Duration : 2 months (20th May 2019 to 20thJuly 2019)
Location : Nagpur
Sector : Marketing
Responsibilities :
As a OYO is the company which is having hotel chain,
so as a Business Development intern my job was to
make new tie-ups with company.
Meeting with hotel owners and pitching them a service,
explaining them about OYO Rooms.

Achievements :
At the end of Internship,
Total Number of Live Rooms : 55
Total Number of Signed : 40
LEARNIG OUTCOMES :

Marketing
Skills

MNC LEARNING
Company Core Sells
Culture OUTCOMES

Product
/Service
Pitching
Thank You...
Any Questions ?

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