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OYO US OPERATIONS
India's youngest self-made billionaire is looking for a room on D-StreetA teenager once pitched ₹30 lakh for a slice of his startup and mostly got no for an answer. That same idea now heads toward the public mar...
Oyo parent files updated DRHP for Rs 6,650 crore IPO: Key things to knowOyo's parent company, Prism, has filed for a Rs 6,650 crore IPO, with plans for a potential pre-IPO placement. The bulk of the funds will b...
Oyo parent Prism files updated IPO papers for fresh issue worth Rs 6,650 croreOYO parent Prism, formerly Oravel Stays, has filed an updated DRHP with SEBI for a Rs 6,650 crore IPO entirely through fresh issue. Proceed...
PRISM’s IPO filing mentions Zostel case, CCI investigationIn its UDRHP-I filing to Sebi, the company any 'adverse' outcome in legal proceedings involving Zostel may materially and adversely affect ...
PRISM files IPO papers for Rs 6650 crore fresh issue, reports Rs 748 crore profit in 9MFY26Oyo's parent company, PRISM, has filed its IPO papers with SEBI, planning a Rs 6,650 crore fresh issue to repay borrowings. The hospitality...
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...
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 gets Sebi nod for IPO; plans to raise Rs 6,650 crore: SourcesHospitality firm Oyo's parent company, Prism, has received SEBI's approval for its IPO, aiming to raise Rs 6,650 crore. The company plans t...
Oyo parent PRISM's G6 Hospitality launches 38 new hotels across the USPRISM, the company behind Oyo, has launched 38 Studio 6 extended stay hotels across the United States. This expansion follows PRISM's acqui...
Lightspeed eyes new India fund, plans smaller corpus of $300–350 million amid AI focusThe venture capital firm, which was initially looking to raise as much as $500 million for its fifth India fund, has now cut the target siz...
OYO-parent PRISM rejigs top leadershipTravel-tech firm OYO’s parent company, PRISM, has reshuffled its leadership. Ankit Tandon is now chief operating officer of PRISM and CEO f...
US drives a quarter of Oyo's FY25 revenue: Founder Ritesh Agarwal to leadersOyo's FY25 revenue landscape saw a significant shift with its US businesses, boosted by the G6 Hospitality acquisition, contributing 24% of...
Oyo elevates Sonal Sinha as CEO of newly acquired G6 HospitalityOyo has appointed Sonal Sinha as CEO of G6 Hospitality, the American motel company it recently acquired. This addition is expected to bring...
Blackstone sells US motel chain G6 Hospitality to Oyo in $525 million all-cash dealPrivate equity giant Blackstone said the deal is expected to close before the end of the year, and would include the chain's offshoot hotel...
Oyo, Unilever join hands to enhance 'Sanitised Stays' initiativeOyo is confident that its guests will have a quality and stress-free experience with 'Oyo Sanitised Stays' with Unilever's leading home and...
Oyo appoints former McKinsey executive as COOGupta is entrusted with the responsibility to strengthen and consolidate existing opportunities in the co-living, student housing, self-ope...
OYO enters Mexico as part of expansion plans in Latin American marketsThe move is to strengthen the company's presence in the Latin American markets, the sources said.
Oyo launches 100th Townhouse hotelOyo said it plans to expand the brand to over 400 hotels in multiple cities from the existing 16, by the end of 2019 across India. Currentl...
OYO commits $300 million investment in the US for growthCompany says it now operates 50-plus properties in 35 cities across 10 states, and will enter New York, Los Angeles and San Francisco next.
OYO acquires wedding marketplace WeddingzWeddingz was founded in 2015 by former IIT-Delhi and Wharton School alum Sandeep Lodha. Gulati said OYO will not rebrand Weddingz and that ...