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OYO GROUP
S&P Global revises IPO-bound Oyo parent Prism's outlook to 'Positive'S&P Global Ratings has declared a Positive outlook for Prism, suggesting a promising trajectory for OYO's parent company. This optimistic a...- Indian corporations poised to become large brand owners in US: Oyo founder Ritesh AgarwalIndian companies are poised to become significant brand owners in the United States. This shift will enhance India's global influence beyon...
- Oyo readies market debut; IT's comeback rallyOyo's IPO plans are back on track after securing the regulator's nod. This and more in today's ETtech Top 5.
- Oyo-owned Innov8 revenue rises 58% to Rs 38 crore in April-June quarterInnov8, Oyo Group's co-working firm, reported a 58% revenue surge to Rs 38 crore in Q1 FY26, with Ebitda tripling to Rs 8 crore, driven by ...
- OYO-owned Innov8 sells 3% stake at Rs 1,000 crore valuation to expand co-working businessOYO-owned Innov8 sold a 3% stake at a Rs 1,000 crore valuation to expand its flexible workspace business. Raymond Family Office acquired ne...
- OYO changes check-in rules in Meerut; Unmarried couples won't be allowed to stayOYO implements a new check-in policy in Meerut, disallowing unmarried couples unless they provide valid proof of relationship. The move aim...
- Manager explains why Oyo hotels in Meerut are turning away unmarried couplesOYO has introduced a new policy for its partner hotels in Meerut that bans unmarried couples from checking in without proof of their relati...
- OYO group's premium hotel brand 'SUNDAY' opens first property abroadOYO's parent company, Oravel Stays, has expanded its luxury hotel brand, SUNDAY, to the UK and UAE. The first international SUNDAY properti...
- H World Group sells 19% of its total stake in Oyo in private market, makes a return of 500%This transaction translates to a 0.15% stake sale of H World Group on a fully diluted basis. Before the share sale, H World Group held a 0....
- Oyo plans to add around 400 properties in leisure markets by the end of this calendar yearThe company has added around 600 properties in leisure destinations so far this year. It will focus on 19 leisure markets such as Goa, Shim...
- Oyo makes Rohit Kapoor global chief marketing officer, Ankit Tandon takes on additional role of CEO-SEA and ME, Ankit Gupta elevated as CEO IndiaAnkit Gupta, currently the CEO of Hotels and Homes India will take on the role of CEO, India. All three leaders will report to the founder ...
- Oyo to sack 5,000 worldwide as business catches a coldThe Covid-19 outbreak, which has ravaged the world's second-largest economy, has hit the hotel room aggregator's operations in China, Oyo g...
- OYO Life to add 100,000 beds by FY20 endThe co-living arm of OYO group currently operates 40,000 beds across nine cities.
- Oyo sets aside €300 million for its vacation rental businessThe firm intends to drive deeper into Europe with the investment that may also see Oyo, through its Oyo Vacation Homes business, take on Ai...
- Oyo founder Ritesh Agarwal set to raise stake to 30% in $2.2 billion transactionOyo boss is set to buy stake from Sequoia, Lightspeed and infuse $700 m in primary investment.
- Chinese media goes to town on Oyo layoffs, company denies itNews reports say firm sacked about 1,000 employees at its subsidiary Oyo Jiudian.
- OYO to acquire Amsterdam based vacation rental company @Leisure GroupRitesh Agarwal, founder and group CEO, OYO said the company sees vacation homes as a unique opportunity.
- OYO starts apartment rental service in JapanSoftBank-backed OYO had, in February this year, formed a joint venture (JV) with Yahoo Japan Corporation to foray into the housing rental m...
- Boycott of bookings by hotels will invite legal action: OYOMost of the boycott threats are being made by small groups of people who have no property associated with OYO, the company said in a statem...
- China Lodging Group inks MoU with Oyo, invests $10 millionOyo had recently raised $250 million in a funding round led by Softbank Vision Fund.
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