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OYO ASSETS
S&P Global revises IPO-bound Oyo parent Prism's outlook to 'Positive'S&P Global Ratings has declared a Positive outlook for Prism, suggesting a promising trajectory for OYO's parent company. This optimistic a...- 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. ...
- Quick service platform Snabbit appoints Abhinav Ankur as chief business officerQuick service platform Snabbit has appointed Abhinav Ankur as its chief business officer. This move comes as the house help segment experie...
- OYO Assets plans to acquire 12 hotels in next six monthsOYO parent PRISM-backed OYO Assets plans to acquire 12 hotels in H2 of this financial year to expand its premium and mid-premium portfolio,...
- InCred & Analah led consortium invests Rs 50 crore in PRISM-backed Sunday PropTechAn InCred & Analah-led consortium has invested Rs 50 Crore in Sunday PropTech Limited (Oyo Assets), enabling PRISM to expand its premium ho...
- Oyo hits back at Zostel, says no restriction imposed on the company from changing its shareholding pattern, no stay granted by Delhi HC on proposed offerIn its letter to Sebi sent on October 28, and accessed by ET, Oyo has written that no restriction has been imposed on Oyo from changing its...
- Delhi HC directs Oyo to furnish affidavit of unencumbered assets for Anam DatsecThe order was passed in the contempt of court petition filed against Oyo, its founder Ritesh Agarwal and directors Rakesh Kumar and Anuj Te...
- Contempt of court petition filed in Delhi High Court against Oyo, founder Ritesh AgarwalThe contempt of court petition filed by hospitality company Anam Datsec will be heard on August 20.
- Oyo gets two weeks to disclose debt-free assetsThe July 7 order came in a case filed by hospitality company Anam Datsec, which has accused Oyo of non-payment of dues for its Golden Sands...
- Delhi High Court directs Oyo to file affidavit of unencumbered assets in matter filed by Anam DatsecIn its case against Oyo, Anam Datsec has alleged Oyo delayed and failed to make payments of an agreed upon monthly minimum guarantee amount...
- Oyo in talks for Lovely varsity’s hostel assetsDeal may be structured as a multi-decade lease.
- OYO Hotels & Homes launches Partner Privilege Program for asset ownersOYO said the benefits will include easy and expedited availability of cash in bank business advances and improved lending terms from banks ...
- OYO launches Cash in Bank initiative for asset owner-partnersCurrently, OYO Hotels and Homes has over 9,000 asset owner-partners spread across nearly 260 cities in India.
- OYO launches OPEN programme for asset ownersThe company said the programme will include 6 core partner promises that the company is making to its asset partners
- Hotel association frenzy misplaced, will lead to price increase of up to 40%: OyoOyo said it has received recommendations from industry body FHRAI and will continue to engage with it and its asset owners on a one to one ...
- OYO plans to hire 2020 tech employees by 2020The event also witnessed a product showcase that highlighted the technology applications introduced by OYO to automate customers, hotel par...
- OYO forays into upper-end leisure resorts category; launches Palette ResortsOYO said it is curating a range of resorts that will offer exclusively designed staycations for those in search of an intuitive experience ...
- 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.
- Zo Rooms takes Oyo to court for 'data theft'Alleges data stolen during due diligence as part of a failed acquisition; Oyo says it’s an attempt to ‘arm-twist for a deal’
- Oyo Rooms to acquire Zo Rooms in an all-stock dealOyo chief executive Ritesh Agarwal and Zo Rooms CEO Dharamveer Chauhan did not respond to email queries and phone calls from ET.
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