Oyo accuses Zostel founders of blackmail, breach of trust
Gurugram-based hotel aggregator Oyo has filed a criminal complaint against hotel chain Zostel's founders, alleging breach of trust, cheating, and blackmail for getting into a deal. An Oyo spokesperson said the founders continuously harassed the company, "intimidating and pressurising" to submit "to their unreasonable demands". This comes after Oyo called off talks to acquire Zostel-owned Zo Rooms.