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OYO PAYMENT DEBT
Oyo parent PRISM to cut IPO fresh issue nearly 50% to Rs 3,350 crore: SourcesPRISM is set to scale back its initial public offering from Rs 6,650 crore to Rs 3,350 crore in light of its robust cash flow and enhanced ...- 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...
- Court comes down heavily on Bailiff who sealed Oyo's office, says action is illegalOyo's Ahmedabad office was sealed due to a warrant favoring a hotelier over unpaid dues but was reopened following a court ruling that deem...
- Swiggy to axe 400 jobs; Groww vs Zerodha race heats upThe cuts, which will impact about 6% of its 5,500 to 6,000 staff, will most likely happen across teams like technology, call centre, and co...
- Moody's expects Oyo to generate positive Ebitda for FY24Moody's also said on Monday it has affirmed Oravel Stay Limited’s (Oyo’s) B3 corporate family rating (CFR) as well as the B3 rating of the ...
- Edtech Eruditus gets $350 million debt from CPPIB for M&AsEruditus is said to be already in the final stages of closing a $250 million acquisition in Europe, of a company that largely offers online...
- More funds eye Paytm IPO; govt may rethink safe harbour rulesPaytm's highly anticipated IPO has drawn the attention of various funds in the US and Europe.
- Oyo eyes $12-15B IPO valuation; Unacademy gets a breatherOyo is aiming for a valuation of $12-15 billion for its upcoming IPO, in which some investors will sell parts of their holdings. These won’...
- Byju’s to fast-track IPO; Cuemath’s new CEOByju’s, the edtech startup that’s also a fundraising and acquisition machine, plans to raise another $400-600 million before filing for an ...
- Startups, led by Zomato, are feeding India’s $8.8-bn IPO frenzy this yearThe Zomato IPO opened people’s eyes to India and the pathways to listings by privately funded, homegrown unicorns—from Paytm to Byju’s and ...
- Devyani International to launch IPO next month to raise Rs 1,400 croreThis follows food search and delivery platform Zomato’s stellar listing debut last week. Devyani International (DIL) would be the third qui...
- After CCI and NCLAT, FHRAI takes its fight with Oyo to NITI AayogFHRAI said it has submitted a representation to NITI Aayog which highlights the hospitality industry’s 'plight' with reference to Oyo’s bus...
- Zomato may advance IPOIn today's ETtech Morning Dispatch: Zomato may advance its IPO, Indian SaaS can be a trillion-dollar market by 2030; and PayPal Ventures le...
- Oyo seeks $600 million loan amid virus surgeThe high-profile startup, the first Indian unicorn to seek debt from foreign institutional investors, targets a loan with a five-year tenure
- FHRAI says allowed by NCLAT to intervene in OYO unit insolvencyThe tribunal has also allowed the FHRAI to make its oral submissions on June 2, 2021. The total claims registered with Interim Resolution P...
- SGX Nifty up 60 points; here's what changed for market while you were sleepingAsian equities were trading mixed on Thursday after minutes from the Federal Reserve's latest meeting reiterated its commitment to keep int...
- Unicorn club GrowwsFrom Groww becoming India's latest startup unicorn, Fintech firms receiving access to NEFT and RTGS systems and Trifecta's new venture fund...
- Oyo founder Ritesh Agarwal sets up Aroa Ventures to place startup betsSingapore-based Aroa Ventures plans to invest between $500,000 and $5 million, and is targeting opportunities across the consumer, technolo...
- Hyderabad hotel files insolvency plea against OyoAs per the term of the agreement signed between Conclave and Oyo, the corporate debtor, Oravel, would pay the corporate creditor, Conclave,...
- PE firm Avigo capital to take over Spykar LifestylePrivate equity firm Avigo Capital has brought in Metmin Investments as a copartner to acquire a controlling stake in Spykar Lifestyle, reve...
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