FAB Express Competitors

OYO is a global platform that aims to empower entrepreneurs and small businesses with hotels and homes by providing full-stack technology products and services that aims to increase revenue and ease operations; bringing easy-to-book, affordable, and trusted accommodation to customers around the world. OYO offers 40+ integrated products and solutions to patrons who operate over 157K hotel and home storefronts in more than 35 countries including India, Europe, and Southeast Asia. OYO was founded by 27-year-old Ritesh Agarwal, the first Asian resident to be accepted to the Thiel Fellowship (started by Paypal founder Peter Thiel). OYO operates a unique business model that helps its patrons transform fragmented, unbranded and underutilized hospitality assets into branded, digitally-enabled storefronts with higher revenue generation potential and provides its customers with access to a broad range of high-quality storefronts at compelling price points. Owners and operators of over 157K storefronts use the OYO platform to manage all mission-critical aspects of their business operations. OYO’s comprehensive, full-stack technology suite integrates more than 40 products and services across digital sign-up and onboarding, revenue management, daily business management and D2C stacks into two flagship patron applications, Co-OYO and OYO OS. OYO customers can book storefronts through OYO’s own D2C channels and through indirect channels with third-party OTAs. The OYO App offers a variety of digital tools to guide customers throughout their journey, including discovery, seamless booking, pre-stay assistance, cancellations, digital check-ins as well as in-stay and post-stay services. With over 100 mn downloads, the OYO App was the 3rd most downloaded travel app in 2020. OYO Wizard, OYO’s loyalty program, has 9.2 million members and is the second largest loyalty program run by a travel or food brand in India, by subscriber base.

With our three powerhouse brands—MakeMyTrip, Goibibo, and Redbus—we are proud pioneers of online travel in India. We empower millions of travelers with easy and instant travel solutions, offering a wide range of services, including flights, hotels, homestays, holiday packages, cabs, buses, and trains. Our recent expansions include successful corporate travel solutions, a travel suite for agents, and our entry into the Gulf market with tailored flight and hotel offerings. Launched in 2005 as India’s first online travel portal, MakeMyTrip revolutionized travel planning with user-friendly platforms and value-driven pricing. This innovation led to our NASDAQ listing in 2010, making us the first Indian travel company to achieve this milestone. Our commitment to excellence extends to our people, earning us recognition as one of India’s ‘Top 10 Best Companies to Work For’ for four consecutive years (2010-2013). In 2016, we were named the Best E-commerce Company by the Great Place to Work Institute. Today, with millions of online visitors and an offline presence of 60+ stores, MakeMyTrip continues to redefine travel by connecting people and places, one journey at a time.

Launched in July 2006, Cleartrip India Pvt Ltd. has emerged as India’s fastest-growing online travel technology company. In April 2021, Flipkart acquired 100% of Cleartrip’s shareholding, and subsequently Adani Enterprises acquired a significant minority stake in Cleartrip in October 2021. With an aggressive plan to emerge as a leading innovator in the industry, Cleartrip is on its way to building a differentiated value proposition for its customers looking for end-to-end travel solutions. With industry-first offerings such as ‘EzCancel, Flexifly, and TravelSafe’, Cleartrip has a clear vision to disrupt the OTA segment. Combining intuitive products with a customer-centric approach and a wide selection of flights and hotels, Cleartrip brings a unique selling point to market, offering convenience, choice, competitive prices, and exclusive content to its customers.