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Airbnb India bookings jump 50% in December quarterIndia is a key growth market for Airbnb. Bookings and new users saw substantial increases in the last quarter. This strong performance outp...- World Bank approves $286 million loan to improve quality of healthcare in BengalThe World Bank has approved a USD 286 million loan to support a health system reform programme in West Bengal aimed at improving access to ...
- Oyo parent Prism gets shareholders’ nod for Rs 6,650 crore IPOOyo's parent company, Prism, has secured shareholder backing for its initial public offering. The company plans to raise up to Rs 6,650 cro...
- Oyo’s parent PRISM initiates an increase in authorised share capital ahead of potential IPOOyo's parent company, PRISM, is boosting its share capital. This move signals advanced preparations for its upcoming Initial Public Offerin...
- Oyo Q1 FY26 PAT doubles YoY to Rs 200 crore; revenue grows 47% to Rs 2,019 croreOyo has reported a profit after tax of over Rs 200 crore in the first quarter of fiscal year 2026, with revenue growing 47% to Rs 2,019 cro...
- Oyo becomes most profitable Indian startup in FY25 with Rs 623 crore profit: Founder Ritesh AgarwalOyo became India's most profitable startup in FY25 with a PAT of Rs 623 crore, up 172% YoY. It posted 27% growth in adjusted Ebitda and 20%...
- Oyo PAT rises nearly 6 times to Rs 166 crore in Q3Oyo reported a Q3 profit of Rs 166 crore, a 6x increase YoY. Revenue grew 31% to Rs 1,695 crore, driven by strong performance in India, US,...
- MMT posts a profit of $27 million in Q3, revenue at $ 267.4 millionMakeMyTrip posted a Q3 FY25 profit of $27M, up from $24M last year, with revenues rising 26.2% to $267.4M. Strong growth in gross bookings,...
- Oyo to report maiden net profit of Rs 16 crore in ongoing quarterIn an email to the company’s top management, Agarwal said Oyo has published its annual accounts for FY23 and that it has achieved operation...
- Fitch revises outlook on Oyo's IDRs to positive from stableFitch said it has also affirmed the rating on the $660 million senior secured term loan facility due 2026, issued by Oyo's fully owned subs...
- Fitch revises Oyo's outlook to 'positive', affirms ratingsFitch affirmed the ratings on the $660 million senior secured term loan facility due 2026, issued by Oyo's fully owned subsidiary, Oravel S...
- Oyo to refile updated DRHP with Sebi by mid-FebThe company had filed its draft red herring prospectus (DRHP) for the IPO with Sebi in September 2021 and is aiming to raise Rs 8,430 crore...
- Sebi returns OYO's draft IPO papers; asks to refile with updatesThe company had filed its Draft Red Herring Prospectus (DRHP) with Sebi in September 2021 and is aiming to raise Rs 8,430 crore
- Quarter’s delay likely in Oyo IPO as Sebi seeks updated filingRegulator wants risk factors, KPIs, outstanding litigation, basis for valuation refreshed in DRHP, which may take up to 3 months
- Oyo IPO likely to get delayed by a quarter as SEBI seeks refiling with updated informationOyo has been asked to update information such as updated risk factors, key performance indicators (KPIs), outstanding litigations and basis...
- Oyo EBITDA sees 8-fold jump in Q2, loss narrows to Rs 333 cr sequentiallyAs per the addendum, first-half revenue rose 24% to Rs 2,905 crore from the year ago. It swung to a profit of Rs 63 crore in the first half...
- IPO-bound Oyo reports EBITDA of Rs 56 crore in Q2 as per financials submitted to SebiSEBI had given Oyo the permission to submit updated financials before it examined and finally processed the company’s IPO application.
- Investor cuts Ola valuation to about $3 billionVanguard Group, which currently owns less than 1% of Ola, cut the value of its investment in the ride-hailing firm by 45% in the first half...
- Ride-hailing bounces back to 63% of pre-covid levels: Redseer reportThis recovery in rides is being led by autos and bike taxis, which recovered to 83% and 62% of their pre-pandemic levels, respectively, in ...
- Uber, Ola slash driver sops by 40% in March quarter"Declining incentives might be decreasing the driver satisfaction and incomes, but the monthly take-home income of online drivers is still ...
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