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OYO HOTELS VALUATION
Oyo parent Prism Hotels receives Sebi nod for IPOPrism Hotels, Oyo’s parent, received Sebi approval for a Rs 6,650 crore IPO. Targeting a $7–8 billion valuation, the firm will use funds fo...- B2B firm Zetwerk eyes Rs 500 crore pre-IPO round at $3 billion valuationManufacturing marketplace Zetwerk is in discussions to raise approximately Rs 500 crore in pre-IPO funding from Bharat Value Fund and HNIs,...
- Oyo speeds up IPO plans as founder’s debt repayment date loomsOyo Hotels is accelerating its IPO plans as a significant debt repayment deadline looms. Creditors demand founder Ritesh Agarwal settle $38...
- H World Group sells 19% of its total stake in Oyo in private market, makes a return of 500%This transaction translates to a 0.15% stake sale of H World Group on a fully diluted basis. Before the share sale, H World Group held a 0....
- 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 is said to target $9-billion valuation in IPOThe valuation Oyo is targeting would be lower than the $12 billion initially reported last year and probably lower than the $10 billion lev...
- Virus hit Oyo puts Son's $2 billion guarantee at riskOyo risks turning into another problem startup for SoftBank and Son, still reeling from WeWork's meltdown.
- Oyo loss widens to $335 millionOyo, which is laying off staff across the globe including India as it struggles to rein in costs, said losses in its home market went up to...
- Why did Oyo founder take a risky $2 billion bet?The unprecedented move has raised eyebrows due to the massive debt financing raised by the entrepreneur by pledging his shares. Founder & C...
- Oyo to partner with other companies for acquiring, leasing or managing four star hotels in IndiaAnchored by SoftBank, Oyo is in talks to raise another round of funds in the range of $1-1.5 billion at a valuation of $12.5 billion.
- Oyo eyes $10bn valuation in new $1bn funding roundThis Indian startup is now world’s sixth biggest hospitality company; majority of the revenues for the company also come outside India.
- Oyo in talks with LA firm to buy Keys HotelsKeys Hotels had been scouting for buyers for a few years and has an estimated debt of about Rs 160 crore.
- China’s Didi Chuxing may back OyoSome investors like Didi and shared office startup WeWork have opted to only back the company’s Chinese subsidiary.
- OYO secures $10-million strategic funding from Chinese companyWhile the terms of the latest transaction were not disclosed, China Lodging Group is believed to have invested at the same valuation -$850 ...
- OYO reaches out to Hilton and AccorSources said OYO was also planning to focus more on its new category 'flagship' through which it controls 100 per cent inventory of the hot...
- OYO eyes Rs 413 crore through proposed rights issue in fresh funding roundThe new round of funding will peg the post-money valuation of the Gurugram-based startup at Rs 3,129 crore or about $460 million, the filin...
- Room for funding shrinks for OYO as investors keep door ajarOne of the most watched startups of 2015, OYO's difficulties in fund-raising comes at a time when travel portals MakeMyTrip and Goibibo pla...
- It’s official, OYO acquires its rival ZO RoomsOYO Rooms has completed its acquisition of rival ZO Rooms, building up significant muscle to dominate in a crowded hotel aggregation market.
- Hotel aggregators Oyo Rooms and Zo Rooms gear up to raise $600 million fundingOyo has started preliminary talks to raise as much as $400 million as it looks to consolidate its lead and targets 'unicorn’ status for its...
- OYO Rooms raises Rs 125 crore from Greenoaks Capital, others for expansionA spokesperson said the latest fund-raising was done at a valuation of close to $100 million, or Rs 623 crore. ET could not independently c...
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