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OYO US
India's youngest self-made billionaire is looking for a room on D-StreetA teenager once pitched ₹30 lakh for a slice of his startup and mostly got no for an answer. That same idea now heads toward the public mar...- Inside Oyo’s FY26 profit; Gaming founders seek GST reprieveOyo parent Prism, which filed its updated IPO papers, reported a strong profit in the April-December period, courtesy of an unlikely source...
- Oyo parent files updated DRHP for Rs 6,650 crore IPO: Key things to knowOyo's parent company, Prism, has filed for a Rs 6,650 crore IPO, with plans for a potential pre-IPO placement. The bulk of the funds will b...
- Oyo parent Prism files updated IPO papers for fresh issue worth Rs 6,650 croreOYO parent Prism, formerly Oravel Stays, has filed an updated DRHP with SEBI for a Rs 6,650 crore IPO entirely through fresh issue. Proceed...
- PRISM’s IPO filing mentions Zostel case, CCI investigationIn its UDRHP-I filing to Sebi, the company any 'adverse' outcome in legal proceedings involving Zostel may materially and adversely affect ...
- PRISM files IPO papers for Rs 6650 crore fresh issue, reports Rs 748 crore profit in 9MFY26Oyo's parent company, PRISM, has filed its IPO papers with SEBI, planning a Rs 6,650 crore fresh issue to repay borrowings. The hospitality...
- 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...
- Policybazaar founder warns of insurance squeeze; IT's buying spreeHappy Wednesday! Policybazaar’s Yashish Dahiya has warned that proposed commission caps could disrupt the insurance distribution industry. ...
- 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 parent Prism gets Sebi nod for IPO; plans to raise Rs 6,650 crore: SourcesHospitality firm Oyo's parent company, Prism, has received SEBI's approval for its IPO, aiming to raise Rs 6,650 crore. The company plans t...
- Oyo parent PRISM's G6 Hospitality launches 38 new hotels across the USPRISM, the company behind Oyo, has launched 38 Studio 6 extended stay hotels across the United States. This expansion follows PRISM's acqui...
- Lightspeed eyes new India fund, plans smaller corpus of $300–350 million amid AI focusThe venture capital firm, which was initially looking to raise as much as $500 million for its fifth India fund, has now cut the target siz...
- US drives a quarter of Oyo's FY25 revenue: Founder Ritesh Agarwal to leadersOyo's FY25 revenue landscape saw a significant shift with its US businesses, boosted by the G6 Hospitality acquisition, contributing 24% of...
- Expecting a long lull due to Covid-19, Oyo gives pink slips to US staffThe job cuts have come amid the Covid-19 outbreak, which has caused more than 10,000 deaths in the US so far, crippled businesses and led t...
- Oyo's layoffs have hotel partners worriedHoteliers are unable to contact company representatives who were doing business with them.
- Oyo layoffs have hotel partners worriedSeveral existing hotel partners of Oyo expressed concerns over the job cuts at the SoftBank-backed company and said they had received no co...
- OYO expands to over 100 hotels in more than 21 states in USOyo has committed $300 million as an initial investment in the US to fuel rapid growth across the country, it said.
- Oyo sees space for a global hospitality property fundOyo is in talks with asset management companies to come on board as co-manager of the fund
- OYO launches customer membership programme WizardThe membership entitles its members for 5% instant discount on current booking and instant rewards in the form of OYO Money.
- OYO Hotels signs MoU with SBI and Bank of Baroda to offer financial support for small hotelsIn the past, partner hotels have witnessed an increase in revenue and occupancy levels after becoming a part of OYO’s chain of hotels.
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