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OYO STOCK OPTIONS
VC fundraising hits wall; WhatsApp’s new privacy headacheIndian VC firms are facing their hardest fundraising year in a decade as LPs tighten filters and demand cash returns. This and more in toda...- 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 parent Prism makes confidential filing for IPOThe company had earlier this month secured a shareholders nod to raise up to Rs 6,650 crore (around $740 million) in primary capital via th...
- Court says Zostel to get option for amount equal to 7% in Oyo parent if it wins caseHC tells Oyo to inform Sebi of latest order but restrains Zostel from writing to authorities
- Oyo gets Delhi HC relief on IPO challenge from ZostelPeople in the know said Zostel is likely to approach a division bench of the high court to challenge the order, pronounced by a single-judg...
- Oyo may reduce IPO size, valuation may be readjusted tooThe IPO issue size is expected to be much lower than $1 billion, these people said, while in its draft IPO papers with the markets regulato...
- Oyo IPO details: The DRHP, decodedOyo Hotels & Homes, officially called Oravel Stays Ltd, plans to raise Rs 8,430 crore in an initial public offering (IPO), draft papers of ...
- IPO-bound Oyo's legal troubles; UPI booms againA legal challenge from former rival Zostel, relating to a botched acquisition in 2015, threatens to disrupt Oyo's IPO plans.
- Paytm founder’s pre-IPO windfall; Google sues CCIIPO-bound Paytm, which recently increased its employee stock options pool from around 24 million to around 61 million, has given almost hal...
- Oyo adds 20 cr shares to existing ESOP pool, expands employee stock options to 63 cr sharesPeople familiar with the matter said over 80 per cent of current employees at Oyo have been granted ESOPs and around 12,000 current and for...
- Microsoft checks in to OyoMicrosoft has finalised a strategic investment in Softbank-backed Oyo Hotels & Homes.
- Oyo India staff seek adequate compensation, may move courtAfter announcing pay cuts in fixed compensation of up to 25% in April, Oyo had put some employees on LwLB for four months from May. On Tues...
- Oyo India offers voluntary separation or leave extension to employeesThe company said that for those who opt for VSP, the company will provide benefits such as financial assistance, relaxation on ESOP vesting...
- Oyo sends letter to staff stating it's making all employees shareholdersIn April, Oyo announced pay cuts and 'leave with limited benefits' options for its staff in India.
- From Oyo to Zomato, startups soften pay cuts by expanding Esops poolCompanies may grant 12-15% of their overall stockholding to ESOPs to help staff hit by cuts, furloughs.
- Oyo announces ESOPs for all furloughed employees impacted by Covid-19Oyo is also actively working with the company's investors to identify opportunities in their portfolio companies and help its employees wit...
- Startups like Zomato, Oyo offer more Esops to staff to ease pay cut painIn April, Zomato initiated a voluntary salary reduction programme, which also offers affected employees’ additional stock in lieu of the ca...
- OYO offers to buy shares from employees, ex-workers for up to Rs 50 crThe company expects the total ESOP liquidity programme to be worth around USD 150 - USD 200 million over the next few years.
- OYO Esops to get 2,000 more stock optionsThis takes the number of shares issued by the company to 8,893. OYO has over 10,000 employees.
- OYO approves new ESOP plan with additional benefitsThe ESOP will be administered by a compensation committee formed by the board of directors, which will establish procedures for the adminis...
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