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A quarter of hits & a few misses; and other top tech, startup storiesWelcome to another edition of ETtech Unwrapped – our weekend newsletter. This is Pranav Mukul in New Delhi. This week we’ve wrapped up anot...
Fitch revises outlook on Oyo's IDRs to positive from stableFitch said it has also affirmed the rating on the $660 million senior secured term loan facility due 2026, issued by Oyo's fully owned subs...
Fitch revises Oyo's outlook to 'positive', affirms ratingsFitch affirmed the ratings on the $660 million senior secured term loan facility due 2026, issued by Oyo's fully owned subsidiary, Oravel S...
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 ...
Paytm, Zomato's fate forcing Oyo Hotels and Delhivery to delay IPOsInvestors have soured on new tech offerings after the calamitous public debut of fintech firm Paytm, as well as the battering received by n...
LIC, Adani Wilmar, NSE and OYO among 75 IPOs to watch out for in 2022LIC is the most awaited issue this year, but the company has not filed its DRHP yet and it requires ample clearances and regulatory approva...
Crypto ETFs explainedReports and rumours that the US SEC was set to approve the launch of one or more bitcoin ETFs has sent prices of the cryptocurrency soaring...
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’s IPO filing; Facebook official grilled in US senateOyo Hotels & Homes, India’s third-highest-valued private startup, has filed its draft IPO papers with the capital markets regulator. It see...
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...
Welcome to the metaverse; Oyo’s pre-IPO movesLike Zoom calls, food delivery and work from home, the idea of building the “metaverse” has surged in popularity during the pandemic. Orave...
Oyo is raising a loan that’s seen as a precursor to listingOyo Rooms is in the process of raising around Rs 4,400 crore from a bunch of international investors through a Term Loan B (TLB) issuance, ...
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
Zo Rooms challenges Oyo rejig in Delhi high courtThe original dispute was between Zo Rooms and Oravel Stays. But the recent transfer of parts of businesses by Oravel Stays to Oyo Hotels & ...
Oyo parent Oravel sets up 2 JVs with SoftBank's SB TopazOyo has also been contemplating setting up a global hospitality property fund that will acquire properties across markets and lease those t...
Oyo to recast biz into 3 units to streamline operationsThe move will give the company “sharper focus” and “better alignment” besides “improve competitiveness”, according to the filing.
Students on Indian campuses more inclined to drop out from college to start venturesWith Bill Gates, Steve Jobs & Mark Zuckerberg to look up to as role models, many Indian students are now inclined to startups than complete...