Date | Title | Description |
12.09.2024 | Wealthtech Startup Centricity Secures USD 20 Mn Funding, Boosting Valuation to USD 125 Mn Centricity will use its new funds to expand its tech team, enhance generative AI and insurtech solutions, and ... | Wealthtech startup Centricity has secured USD 20 million in a seed funding round led by Lightspeed, alongside notable participants such as Paramark VC, Burman Family Office, Shantanu Agarwal, and angel investors like Ritesh Agarwal (OYO), V... |
10.09.2024 | OYO Turns Profitable With INR 229 Cr PAT In FY24 As Employee Costs Halve | SUMMARY
OYO posted a net profit of INR 229.5 Cr in FY24 as against a net loss of INR 1,286.5 Cr in the previous financial year on reduction in its expenses
However, revenue from operations declined 1.3% to INR 5,388.7 Cr in FY24 from INR 5,... |
03.09.2024 | ICONIC NEW YORK CITY RESTAURANT SERENDIPITY3 OPENS NEW LOCATION IN TIMES SQUARE AS IT CELEBRATES 70TH ANNIVERSARY | Serendipity3 Brings Customers A Modern Take on the Wonderfully Eclectic Original Location & Officially Opens Its Doors on September 5th.
NEW YORK, Sept. 3, 2024 /PRNewswire/ -- Serendipity3 restaurant, the iconic New York City landmark ... |
01.09.2024 | Startup receives Rs 250 Cr investment from Yubi founder Gaurav Kumar | Gaurav Kumar, the CEO and founder of the fintech unicorn Yubi (formerly CredAvenue), has contributed Rs 250 crore ($30 million) in equity capital to his startup. This represents one of the biggest investments a founder has made in a tech co... |
27.08.2024 | SoftBank’s Sumer Juneja joins Oyo board as non-executive director | Hospitality major Oyo has officially appointed Sumer Juneja as a non-executive director. The development comes a month after he joined the firm’s board as additional director, representing SoftBank.
The board at Oyo has passed a resolution ... |
26.08.2024 | Yubi founder Gaurav Kumar invests Rs 250 Cr in the company | Fintech unicorn Yubi (formerly CredAvenue) founder and CEO Gaurav Kumar has invested Rs 250 crore ($30 million) in equity capital in his startup. This makes one of the largest capital infusions by a founder in a technology company in recent... |
17.08.2024 | This Week's Best Startup Funding: August 10–16 Here is a list of the startups that have raised the most money this week, from August 10 to August 16. | Zepto: Founded in 2021 by Aadit Palicha and Kaivalya Vohra, Zepto excels in quick commerce in India, delivering groceries, electronics, and essentials within 10–20 minutes. Operating in major cities like Bengaluru, Delhi, and Mumbai, the st... |
16.08.2024 | Deals in brief: Antler invests in Nebu, SMI Vantage secures Whisky Cask Club stake, 14 China and India deals, and more | Antler invests USD 110,000 in Nebu
Nebu, an artificial intelligence startup, has received a USD 110,000 investment from venture capital firm Antler as part of the investors’ Malaysia residency program, according to e27.
The startup plans to... |
16.08.2024 | Deals Digest: Funding momentum slows but Warburg Pincus, OYO close key deals | Premium
Credit: 123RF.com
The amount of capital raised by Indian companies from private equity and venture capital investors slipped this week, despite a couple of significant transactions involving OYO and Ebco. The overall funding value t... |
14.08.2024 | Oyo raised nearly $175 M Series G funding from multiple investors | ASK Financial Holdings, InCred Wealth, Patient Capital, J&A Partners, the family office of Mankind Pharma promoters, and other investors contributed Rs 1,457 crore (about $175 million) to the hospitality giant Oyo in a Series G round.
A... |
12.08.2024 | Oyo Raises $175 Million in Latest Funding Round, Valuation Sinks to $2.4 Billion | Hospitality company Oyo, once a beacon of India’s startup ecosystem, has seen its valuation drop from a peak of $10 billion in 2019 to $2.4 billion in its latest funding round.
The hospitality company raised INR 14.5 billion (approximately ... |
12.08.2024 | OYO Secures INR 1,457 Cr in Series G Funding Round The Series G round had an initial raise of INR 416.85 crore, followed by the additional INR 1,040 crore, concluding the round with substantial backin... | Hospitality provider OYO has announced that it raised INR 1,457 crore (nearly USD 175 million) in a Series G funding round, closing out the round with a substantial boost from several high-profile investors.
The funding effort was spearhead... |
12.08.2024 | Founder Ritesh Agarwal invests Rs 830 Cr in OYO's latest funding round
Recommended Stories For You | Founder Ritesh Agarwal has invested Rs 830 crore through his Singapore-based entity Patient Capital in OYO's latest funding round—wherein the travel tech platform raised Rs 1,457 crore, sources said.
Post the equity dilution in the Series G... |
12.08.2024 | Religious tourism fuels India’s retail boom | - |
11.08.2024 | OYO's Funding Surge: A New Chapter in Hospitality | OYO, the hospitality giant, is back in the spotlight. It has successfully raised Rs 1,457 crore, roughly $175 million, in its latest funding round. This marks a significant moment for the company, which has faced its share of challenges in ... |
11.08.2024 | Oyo raises nearly $175 Mn in Series G round | Hospitality major Oyo has raised Rs 1,457 crore (nearly $175 million) in a Series G round from a group of investors including InCred Wealth, Patient Capital, J&A Partners, the family office of Mankind Pharma promoters and ASK Financial ... |
11.08.2024 | OYO raises Rs 1,457 Cr in latest funding round
Recommended Stories For You | Oravel Stays Ltd, the parent company of OYO, has raised Rs 1,457 crore from a consortium of investors in the latest funding round, sources said.
The IPO-bound unicorn has raised nearly Rs 1,040 crore in the Series G funding round. This fo... |
06.08.2024 | OYO Parent Plans To Launch 25 SUNDAY Hotels To Boost Its Premium Portfolio | SUMMARY
SUNDAY Hotels, a premium brand under OYO, plans to launch 25 new hotels across key travel destinations in India by March 2025.
The expansion includes immediate launches in Gurgaon, Manesar, and Corbett, having already launched in Ja... |
05.08.2024 | VC funding in July rises by 103%, crosses $1B mark
Recommended Stories For You | Venture Capital (VC) funding into Indian startups on crossed the $1 billion mark on a month-on-month basis for three months in a row, and this augurs well for the ecosystem which seems to be slowly stepping away from the funding winter.
The... |
04.08.2024 | BlackSoil's Bold Moves: A $28 Million Investment Surge in Q1FY25 | In the fast-paced world of finance, agility is key. BlackSoil, an alternative credit platform, has demonstrated this principle with a striking performance in the first quarter of FY25. The company disbursed over ₹220 crore (approximately $2... |
02.08.2024 | BlackSoil disburses over ₹220 crore in Q1, sees 40% AUM growth | Alternative lending platform BlackSoil has disbursed over ₹220 crore in Q1 FY25, said a statement from the company.
The company has invested in seven new businesses, bringing its total transactions to ten and successfully exited from five... |
26.07.2024 | Healthtech company OneCare acquired by Acko in all cash deal | In an all-cash transaction, the insurtech startup Acko purchased OneCare, a digital chronic care management provider.
According to a press release from the company, this is a calculated move to reaffirm Acko’s larger goal of providing its c... |
25.07.2024 | The Shifting Sands of Healthcare and Employment: A Tale of Innovation and Protectionism**
** | ** In the rapidly evolving landscape of healthcare and employment, two recent developments in India highlight the contrasting paths of innovation and protectionism. On one side, ACKO, a digital insurance provider, is making waves by acquiri... |
24.07.2024 | Insurtech Platform ACKO Acquires OneCare to Revolutionise Chronic Care Management By acquiring OneCare, ACKO seeks to enhance its customer experience with cutting-edge clinical care, aligning with its... | Digital insurance provider ACKO announced that it has acquired the digital chronic care management company OneCare in an undisclosed all-cash transaction.
The acquisition is a strategic move to re-emphasise ACKO's broader vision of being a ... |
15.07.2024 | Deepinder Goyal enters billionaire club as his holding in Zomato crosses $1 Bn worth | Deepinder Goyal, founder and CEO of Zomato, has entered the billionaire dollar club as the value of his holdings in the foodtech firm surpassed Rs 8,400 crore.
With this, Goyal joins the ranks of Sachin and Binny Bansal, Nikhil and Nitin Ka... |
15.07.2024 | Deepinder Goyal’s stake in Zomato surpasses $1 B; joins billionaire club | Zomato’s founder and CEO, Deepinder Goyal, became a billionaire when the value of his shares in the foodtech company topped Rs 8,400 crore.
With this, Goyal becomes the latest in a line of businessmen who have achieved a comparable peak in ... |
04.07.2024 | Oyo's Funding Journey: A Rollercoaster Ride | Oyo, the Gurugram-based hospitality unicorn, recently raised $50 million from InCred Wealth and Investment, marking its first funding in almost three years. The company issued Series G CCPS at an issue price of Rs 29 each, raising a total o... |
04.07.2024 | OYO Raises USD 50 Mn from InCred Wealth for Expansion Plans The raised funds will support OYO's growth, global expansion, and enhanced business plans. | Gurugram-based hospitality unicorn OYO has secured INR 416.85 crore (approximately USD 50 million) from InCred Wealth and Investment.
According to RoC filings accessed by Entrackr, the funds will support OYO's growth, global expansion, and ... |
04.07.2024 | Hotel unicorn Oyo raised $50 M from InCred at $2.38 B valuation | Through InCred Wealth and Investment, Oyo has raised Rs 416.85 crore, or roughly $50 million. The funding for the unicorn hotel company based in Gurugram comes after a lapse of nearly three years.
A regulatory filing obtained from the Regis... |
03.07.2024 | Oyo raises $50 Mn from InCred at $2.38 Bn valuation | Oyo has raised Rs 416.85 crore (approximately $50 million) from InCred Wealth and Investment. The funding is coming after a gap of almost three years for the Gurugram-based hospitality unicorn.
The board at Oyo has passed a special resoluti... |
03.07.2024 | OYO raises $50M from InCred at $2.38B valuation: Report
Recommended Stories For You | Gurugram-based hospitality unicorn OYO has raised Rs 416.85 crore (approximately $50 million) from InCred Wealth and Investment.
According to RoC filings accessed by Entrackr, the firm will use these proceeds for growth, global expansion ... |
24.06.2024 | OYO Opens Maiden Luxury Hotel In Dubai To Bolster Its Premium Portfolio | SUMMARY
With the launch of the hotel, OYO is looking to cash in on the increase in the number of Indian tourists travelling to Dubai
The new hotel has been launched under the brand ‘Palette’ and is part of OYO’s efforts to increase the numb... |
17.06.2024 | SoftBank’s Masayoshi Son set for ‘next big move’: report | Artificial IntelligenceInvestmentsNews
Lokesh Choudhary · 2d ago · 2 min readSoftBank’s Masayoshi Son set for ‘next big move’: report
Photo credit: Shutterstock
SoftBank founder Masayoshi Son appears to be ready for his next big moves, Bloo... |
17.06.2024 | OYO Seeks Fresh Funding Of INR 1,000 Cr From Family Offices: Report | SUMMARY
Hospitality major OYO is reportedly in advanced discussions to raise a fresh funding of around INR 1,000 Cr
Last month, OYO officially withdrew its IPO documents from the market regulator SEBI
Oyo is headed towards hosting an extrao... |
17.06.2024 | Hospitality chain OYO to raise Rs 1000 Cr at a valuation of $2.5B: Report | Hospitality startup OYOis in talks to raise a fresh round of funding of approximately Rs 1,000 crore ($120 million), primarily from the family offices of prominent Indian corporate executives and stock market experts, according to a repor... |
10.06.2024 | Oyo finalizes up to $125m raise at discounted $2.5b valuation: report | InvestmentsNews
Miguel Cordon · 2d ago · 1 min readOyo finalizes up to $125m raise at discounted $2.5b valuation: report
Photo credit: Tech in Asia Indonesia
Budget hospitality firm Oyo is putting the final touches on a US$100 million to US... |
05.06.2024 | A realm full of opportunity and test Among the countries considered to be hotbeds for startups, India consistently makes the top ten; much of it has to do with the policy-making and cultural shifts th... | - |
30.05.2024 | Oyo posts maiden profitable year with Rs 100 cr PAT in FY24: Ritesh Agarwal | - |
30.05.2024 | At Rs 100 crore, OYO posts FY24 as maiden profitable fiscal: Ritesh Agarwal | - |
30.05.2024 | OYO reports maiden profitable fiscal year with ₹100 crore, says founder Ritesh Agarwal | Travel tech platform OYO reported financial year 2023-24 as the maiden profitable fiscal year with net earnings of nearly ₹100 crore, founder Ritesh Agarwal said on Thursday.
In a post on social media platform X, Agarwal said he sees growth... |
29.05.2024 | Quick, quicker, quickest: The impatient Indian fires up an industry | - |
27.05.2024 | Infra, connectivity should be main focus: Himachal tourism stakeholders | - |
23.05.2024 | Oyo records first-ever net profits: founder | InvestmentsNews
Lokesh Choudhary · 9h ago · 2 min readOyo records first-ever net profits: founder
Ritesh Agarwal, CEO and founder of Oyo / Photo credit: Oyo
Oyo recorded net profits of around US$12 million in the 2023-2024 fiscal year – the... |
22.05.2024 | Oyo withdraws IPO papers for second time, opts for private placement | - |
22.05.2024 | Oyo drops IPO bid anew: report | Consumer TechInvestmentsNews
Miguel Cordon · 22 May 2024 · 2 min readOyo drops IPO bid anew: report
Photo credit: Oyo
Indian hospitality major Oyo hit the brakes on its latest bid to list on India’s Securities and Exchange Board (SEBI), Tec... |
22.05.2024 | Ixigo gets SEBI nod for IPO; Oyo withdraws listing plans | Le Travenues Technology Limited, which operates the travel booking platform ixigo, has received the final nod from SEBI for its initial public offering (IPO), the market watchdog notified on Wednesday.
In February, Ixigo re-filed its draft ... |
22.05.2024 | SoftBank-Backed OYO Withdraws IPO Documents | SUMMARY
The fresh developments comes on the back of startup raising $450 Mn through sale of dollar bonds
The startup is also reportedly in talks to raise funding from family offices and a sovereign fund at marked down valuation
OYO filed it... |
21.05.2024 | OYO In Talks With Family Offices For New Round At Down Valuation: Report | SUMMARY
The Ritesh Agarwal-led startup is in talks with InCred to raise about $80 Mn to $90 Mn from family offices
A part of the capital will be utilised to pay off the hospitality major’s debt while the remaining chunk will be deployed to ... |
18.05.2024 | OYO withdraws DRHP, to refile its much-awaited IPO post refinancing | - |
18.05.2024 | OYO To Refile IPO Papers After $450 Mn Refinancing For Term Loan B | SUMMARY
The travel tech company is close to finalising the refinancing plans by raising capital via dollar bonds
The loan bonds are expected to carry an interest rate of 9-10% per annum
OYO has already submitted an application to withdraw i... |
08.05.2024 | Election tourism: 27% surge in inter-state travel during Lok Sabha polls | - |
07.05.2024 | India’s Oyo, once valued at $10 billion, seeks new funding at 70% discount | Oyo, the Indian budget-hotel chain startup, is negotiating with investors to raise a new round of funding that could cut the Indian firm’s valuation to $3 billion or lower, three sources familiar with the matter told TechCrunch.
The startup... |
28.04.2024 | Startups grew over 300 times in ten years: Union Minister Jitendra Singh | - |
28.04.2024 | Oyo in funding talks at 70% drop in valuation: report | InvestmentsNews
Miguel Cordon · 8 May 2024 · 2 min readOyo in funding talks at 70% drop in valuation: report
Photo credit: Tech in Asia Indonesia
Oyo is in discussions to raise fresh funds at a valuation of US$3 billion or less, TechCrunch ... |
23.04.2024 | Co-working firm WeWork in talks to sell entire 27% stake in India unit | - |
22.04.2024 | 95% of Indian travellers interested in sustainable travel: Report | - |
22.04.2024 | Ayodhya to Ujjain: Indians prefer spiritual trips over family, solo travel | - |
20.04.2024 | Oyo Hotels Seeks $450 Mn Bond Sale For Refinancing | SUMMARY
As per the report, Oyo’s parent company Oravel Stays Ltd is in talks with bankers for raising $350 Mn-$450 Mn to repay its term loan B, which is due in 2026
The refinancing will extend the repayment timeline to five years. The compa... |
19.04.2024 | Former Unacademy COO Vivek Sinha Launches Beyond Odds Technologies with $11 Mn Funding | Vivek Sinha, the ex-COO of Unacademy, has stepped into the entrepreneurial arena with his new startup, Beyond Odds Technologies, securing a hefty $11 million in seed funding. The investment, led by Matrix Partners India and Lightspeed, mark... |
19.04.2024 | Softbank-backed Oyo Hotels eyes $450 million bond sale for refinancing | - |
18.04.2024 | Former Unacademy COO raises $11 million from Matrix, Lightspeed for new edtech venture | ETtechFormer Unacademy chief operating officer Vivek Sinha
Former Unacademy chief operating officer Vivek Sinha on Wednesday announced the launch of a new venture, Beyond Odds Technologies, with a seed funding of $11 million in a mix of equ... |
18.04.2024 | Former Unacademy COO Vivek Sinha raises $11 Mn for his new startup | Vivek Sinha, the former Chief Operating Officer (COO) of Unacademy, has launched his new venture called Beyond Odds Technologies, with an initial investment of $11 million. The seed funding round was led by Matrix Partners India and Lightsp... |
17.04.2024 | Wider social security net on cards for unorganised sector workers | - |
12.04.2024 | Ex-Unacademy COO secures $11m to transform India’s ‘gray-collar’ jobs | InvestmentsNews
Lokesh Choudhary · 7h ago · 2 min readEx-Unacademy COO secures $11m to transform India’s ‘gray-collar’ jobs
Beyond Odds Technologies founder Vivek Sinha / Photo credit: Beyond Odds Technologies
“Gray-collar jobs” refer to po... |
12.04.2024 | Hotel bookings, airfares on strong wicket as IPL fever catches on | - |
05.04.2024 | How These Powercouples are Transforming the Startup Landscape From tech startups to traditional businesses, couples are redefining the entrepreneurial landscape in India, embodying resilience, innovat... | - |
03.04.2024 | Indian startups’ income from VC cash lying in bank deposits, mutual funds jumps again | India’s top technology startups generated high non-operating revenue for the second year in a row during the 12 months through March 2023, albeit at a slower pace than before, according to a VCCircle study.
The study, which captured the fin... |
02.04.2024 | Investindo no futuro do empreendedorismo: experiências do Thiel Fellowship e Antler | Já ouviu falar sobre o Programa Thiel Fellowship? Peter Thiel, cofundador do PayPal e investidor de renome no Vale do Silício, é o criador deste programa para investir em jovens excepcionais desafiando os paradigmas convencionais da educaçã... |
21.03.2024 | Long Weekend: Airfares, hotel rates shoot up ahead of Holi, Good Friday | As March draws to a close, two consecutive long weekend opportunities – Holi and Good Friday – are driving up hotel occupancy and airfares across major routes.
According to travel platform Cleartrip, hotel bookings have seen a 3.5 times spi... |
14.03.2024 | At 27% Mumbai Sees Highest Coworking Rental Growth Since FY20 Among Top 5 Flex Workspace Hubs | Mumbai, Maharashtra, India
Avg. monthly rentals per seat for flexi spaces in Mumbai stood at INR 15,900 as of FY 2024 while back in FY2020 it was INR 12,500 per seat
Gurugram witnessed 19% growth in same period – from INR 8,500 per seat in ... |
17.01.2024 | OYO records 64% YOY growth in New Year's Eve bookings in GCC Countries | OYO records 64% YOY growth
DUBAI, UNITED ARAB EMIRATES, January 17, 2024 /EINPresswire.com/ -- Global hospitality technology company OYO has announced 64% year on year growth in New Year's Eve bookings across the GCC (Gulf Cooperation Counc... |
16.11.2023 | OYO Announces up to 70 percent off for Pushkar Mela 2023 | New Delhi, Delhi, India
As the iconic Pushkar Mela 2023 approaches, global hospitality technology company OYO has announced a special offer for guests visiting Pushkar and Ajmer to partake in the festivities. Under this offer, guests can av... |
06.10.2023 | India’s Oyo explores loan refinancing options with 20 entities | Consumer TechNewsStartups
Gabriel Budi Sutrisno · 6 Oct 2023 · 1 min readIndia’s Oyo explores loan refinancing options with 20 entities
Photo credit: Oyo
Oyo is currently in discussions with 20 organizations that are offering the company a ... |
16.05.2023 | OYO Announces 60 percent Discount for Nearby International Destinations | New Delhi, Delhi, India
OYO announces discount up to 60% across all OYO hotels and homes in Southeast Asia and Middle East
OYO has approximately 4000 hotels across Thailand, Indonesia, Malaysia, Vietnam and Philippines in Southeast Asia and... |
12.04.2023 | OYO Joins the Cricket Fever, Launches Special offers for Fans | New Delhi, Delhi, India
As the 16th season of India’s professional Twenty20 cricket league progresses, OYO has a special delight in store for all the cricket fans. The global technology hospitality company has rolled out unique offers on it... |
24.02.2023 | Ritesh Agarwal Biography | OYO Founder | Ritesh Agarwal is an Indian entrepreneur and the founder and CEO of OYO Rooms, one of the largest hospitality chains in the world. He was born on November 16, 1993, in Bishama Katek, a small town in the Indian state of Odisha.
Agarwal’s ent... |
28.01.2023 | Many of tech's power-players are alumni of Peter Thiel's controversial fellowship, which pays entrepreneurs to drop out of college. See how they made their millions. | Peter Thiel Neilson Barnard/Getty Images for New York Times
In 2011, Silicon Valley giant Peter Thiel created a fellowship that pays young entrepreneurs to drop out of college.
The program initially faced backlash, but the fellowship now co... |
23.12.2022 | OYO Announces up to 60% off for Christmas and New Year Holidays | New Delhi, Delhi, India
OYO announces up to 60% off on bookings for the Christmas and New Year holiday season
This scheme can be availed from December 22, 2022 to January 1, 2023 across all OYO properties in India
Global hospitality technol... |
31.10.2022 | Prime Minister Narendra Modi Inaugurates OYO Ekta Houseboat Near Statue of Unity to Mark the Birth Anniversary of Sardar Patel | New Delhi, Delhi, India
Prime Minister Narendra Modi inaugurated the OYO Ekta houseboat in the vicinity of the Statue of Unity in Gujarat’s Ekta Nagar district on the occasion of Sardar Vallabhbhai Patel birth anniversary. Gujarat’s first ... |
07.10.2022 | OYO Enables Hotels to Launch their Own Promotional Offers Ahead of Peak Travel Season | New Delhi, Delhi, India
CO-OYO, OYO’s flagship one-stop-shop patron-facing app enables hotel owners to have seamless daily business management
With a fast one-click check-in, patrons can now check-in multiple guests in one attempt, contribu... |
22.09.2022 | OYO Announces up to 50 percent Festive Discount as Festive Spirits set to Soar During Durga Puja and Navratri | New Delhi, Delhi, India
This festive season on the occasion of Navratri, Durga Puja and Dussehra, OYO announces up to 50% discounts on stays to provide easy and affordable accommodation for travelers
Discount scheme is applicable to all OYO... |
22.08.2022 | OYO Slashes Tariffs up to 40% Across Dubai OYO Homes for India-Pakistan Matches | New Delhi, Delhi, India
Cricket fans can avail 40% discount during the India-Pakistan match and a 25% discount during the entire course of the Twenty20 International cricket tournament
Consumers can choose from select OYO Homes properties, ... |
08.08.2022 | OYO Announces Independence Day Explore the Unexplored Offer with Stays Starting INR 399/- | New Delhi, Delhi, India
OYO encourages Indians to explore unexplored domestic destinations spread across India
Offer is a part of the company’s latest campaign ‘Give Your Vacation A New Destination’ to encourage travel for the Independence ... |
24.05.2022 | Oyo eyeing IPO after September, may slash valuation to at least $7b | NewsStartups
Shadine Taufik · 24 May 2022 · 1 min readOyo eyeing IPO after September, may slash valuation to at least $7b
Indian hospitality chain Oyo plans to go ahead with its public listing after September this year, sources told The Eco... |
19.05.2022 | OYO Announces a Free Stay after 5 Night Stays | New Delhi, Delhi, India
This Summer, OYO has witnessed two record breaking weekends since the lockdown. OYO’s Wizard program is set to benefit frequent travellers as the country’s travel confidence is at an all time high
Stays eligible afte... |
15.03.2022 | OYO Offers Stays at a Flat Price of INR 499 for Holi Weekend | New Delhi, Delhi, India
High demand for leisure cities this Holi weekend, 50 percent Indians prefer travelling to Goa; says OYO survey
Applicable on a minimum booking of 2 nights
Travel tech company, OYO has always believed in studying data... |
08.03.2022 | OYO's Women-only Hackathon 'WomenInCtrl' to Improve Gender Diversity in Tech | New Delhi, Delhi, India
As the pandemic recedes, tech companies are committed to driving higher adoption across industries, leading to growing demand for tech talent across the country. As per a study by 451 Research, a technology industry ... |
05.10.2021 | One Oyo exec might make ₹1,100 cr on IPO | The top six managerial personnel stand to create additional wealth of more than $200 million for themselves through the vested options... TO READ THE FULL STORY
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02.10.2021 | Hotel rooms aggregator Oyo files papers for ₹8,430 crore IPO | Oravel Stays Pvt. Ltd has filed the paperwork for an ₹8,430 crore initial public offering (IPO) that is expected to value the operator of the hospitality unicorn Oyo Hotels and Homes at least at $10 billion.
The initial share sale will see ... |
02.10.2021 | Oyo Files For Mega IPO; Rs 9000 Crore Expected To Be Raised! (Can It Beat Paytm IPO?) | Oyo plans to raise around 84.3 billion rupees ($1.16 billion) in an IPO!
Oyo is one of the most well-known startups in India. Founded by Agarwal in 2013, OYO is the first Indian startup to be publicly rated by Moody’s and Fitch, and two of ... |
02.10.2021 | Hotel Chain Oyo From India Files For $1.16 Million IPO | - |
01.10.2021 | Fintech friendly hotel chain Oyo files for $1.16B IPO | Oyo, a Gurgaon, India-based hotel chain which offers hoteliers digital booking, payment and pricing analytic software, filed for an IPO with local market regulators today, seeking to raise approximately $1.16 billion in the offering.
The co... |
01.10.2021 | Softbank Group eyes part exit as OYO files for Rs 8,430 crore IPO | Oravel Stays Pvt Ltd, which operates the hospitality unicorn Oyo Hotels and Homes, has filed for a Rs 8,430 crore ($1.1bn) initial public offering (IPO) which will see some of its investors including Softbank Group book a partial exit.
The ... |
01.10.2021 | SoftBank-backed Oyo aims for up to $12 bln valuation in India IPO | October 1, 20218:21 AM UTCLast Updated ago
IndiaSoftBank-backed Oyo aims for up to $12 bln valuation in India IPO
By Chandini Monnappa and Vishwadha Chander
2 minute read
The logo of OYO, India's largest and fastest-growing hotel chain, is ... |
01.10.2021 | Oyo files to raise $1.1 bn in IPO after refashioning business model | Hotel-booking startup Oyo Hotels & Homes filed a draft prospectus on Thursday for an 84.3 billion rupee ($1.1 billion) initial public offering, joining the rush of technology unicorns seeking a listing on Indian stock exchanges after a ... |
30.09.2021 | SoftBank-backed Oyo files for $1.16 billion IPO | Oyo is ready to explore the public markets. The eight-year-old Indian budget hotel giant has filed the paperwork (PDF) with the local market regulator for an initial public offering, in which it is seeking to raise about $1.16 billion.
The ... |
23.09.2021 | SoftBank-backed Oyo to file for $1.2 billion IPO next week - source | By Chandini Monnappa
2 Min Read
FILE PHOTO: The logo of OYO, India's largest and fastest-growing hotel chain, is seen installed on a hotel building in New Delhi, India, April 3, 2019. REUTERS/Adnan Abidi/File Photo
BENGALURU (Reuters) -Soft... |
23.09.2021 | SoftBank-backed Oyo to file for $1.2 billion IPO next week - source | The hotel aggregator is looking to list in India's financial capital of Mumbai and its IPO is tentatively pegged at between $1 billion and $1.2 billion, the source said, adding it will consist of a fresh issue of shares and an offer for sal... |
23.09.2021 | OYO to file for up to $1.2 billion-IPO next week | Earlier, the board of Oravel Stays had approved an increase in authorised share capital of the company to ₹901 crore
Hospitality firm OYO is planning to raise between $1 billion to $1.2 billion through an initial public offering and is expe... |
23.09.2021 | Oyo Rooms Is About To File For Rs 8000 Crore IPO; Can It Compete With Paytm IPO? | Oyo Rooms Is About To File For Rs 8000 Crore IPO; Can It Compete With Paytm IPO?
Indian hospitality startup Oyo Hotels and Rooms is all set to file for an initial public offering (IPO) next week to raise around $1 billion.
Oyo Filing For IP... |