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OYO STRATEGIC INITIATIVES
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.
- Rediff files confidential IPO papers; eyes Rs 600-800 crore fundraiseThe proposed initial public offering could raise between Rs 600 crore and Rs 800 crore, although the final size will depend on market condi...
- Oyo secures board nod to file for IPO with stronger financial outlook: SourcesOyo has received board approval to pursue a fresh IPO filing, highlighting improved Q1 results and FY25 EBITDA of ₹1,100 crore. Bankers pro...
- Oyo's board approves IPO planHospitality chain Oyo, backed by a board including industry veterans, is preparing for a fresh IPO filing after two previous attempts were ...
- IPO-bound Oyo eyes doubling of revenue from company serviced hotels by FY26Oyo introduced company-serviced hotels in FY23, initially contributing less than 2% of its booking revenue. Since then, the rapid expansion...
- Oyo to meet bankers next week for third IPO attempt; eyes $5–7 billion valuationOyo's parent company, Oravel Stays, is preparing for its third IPO attempt, aiming for a March-April 2026 listing. This push is influenced ...
- Oyo puts off third IPO attempt after SoftBank takes issueOyo Hotels has postponed its India listing plans for October. SoftBank disagreed with the IPO plan, asking for stronger earnings first. Oyo...
- Oyo estimates Rs 1,100 crore PAT for FY26: Founder Ritesh AgarwalThe company expects Ebitda of Rs 2,000 crore for the same period, on the back of a strong top-line growth, buoyed by the recent Motel 6 acq...
- Oyo to add 500 hotels at religious hubs to boost spiritual tourism in 2025Oyo plans to expand by adding 500 hotels at major religious centers across India to support the government's spiritual tourism initiatives....
- 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...
- Oyo may back out of IPO plan, opt for private raiseIn a response to emailed queries by ET, Oyo said the information is inaccurate. Oyo’s first public offer filing was returned by the markets...
- OYO founder Ritesh Agarwal launches 5 healthcare centers for underprivileged in OdishaRitesh Agarwal, the founder of OYO, has revealed plans to establish five healthcare centers in Odisha within the next year, aiming to provi...
- SoftBank cuts Oyo’s valuation to $2.7 billion ahead of planned IPOThe Japanese investor’s latest valuation of Oyo – as of June quarter – is based on comparison to similar firms in the public markets, peopl...
- Oyo ropes in former SBI chairman Rajnish Kumar as strategic group advisorRajnish Kumar will play a key role in advising OYO's management on short-term and long-term strategy, regulatory and stakeholder engagement...
- Microsoft finalises strategic investment in Oyo at $9 billion valuationSources told ET that the global technology major will initially buy a small stake, but it has the option to raise ownership later.
- OYO appoints Max Healthcare senior executive to lead its new real estate businessThe appointment, will see Kapoor spearhead new real estate business opportunities for the company, which will include exploring new domains...
- Oyo’s valuation set to cross $4 billion in new roundOyo is in talks to raise up to $1 bn in a deal that could usher it into India’s crowding Unicorn club.
- OYO opens tech development centre in HyderabadThis facility is focused on developing innovative products for customers, partners and employees, the hospitality company said.
- OYO Rooms ties up with Airtel for wi-fi, DTH services"We have about 30,000 rooms already on our platform. The first phase which is already in the launch phase is going to cover 3,000 rooms," S...
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