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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 secures Sebi's nod to launch Rs 6,650-crore IPOOyo's parent company, Prism, has received approval from Sebi to proceed with its Rs 6,650 crore IPO. The company is expected to be valued b...
- Groww investors reap bumper returns; Lightspeed’s India rethinkHappy Wednesday! Groww delivered strong gains to early investors after the IPO lock-in expired. This and more in today’s ETtech Morning Dis...
- IPO-bound OYO’s unlisted shares jump 26% in a month, beating listed peers. Time to buy?Oyo's unlisted shares have surged 26% in the past month amid IPO buzz, outperforming listed peers. This surge is attributed to robust Q1 ea...
- Oyo Q1 FY26 PAT doubles YoY to Rs 200 crore; revenue grows 47% to Rs 2,019 croreOyo has reported a profit after tax of over Rs 200 crore in the first quarter of fiscal year 2026, with revenue growing 47% to Rs 2,019 cro...
- Oyo becomes most profitable Indian startup in FY25 with Rs 623 crore profit: Founder Ritesh AgarwalOyo became India's most profitable startup in FY25 with a PAT of Rs 623 crore, up 172% YoY. It posted 27% growth in adjusted Ebitda and 20%...
- 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 completes G6 Hospitality acquisition from Blackstone Real Estate for $525 millionOyo has acquired G6 Hospitality, including Motel 6 and Studio 6 brands, from Blackstone Real Estate for $525 million. This acquisition will...
- Moody's upgrades OYO parent Oravel Stays rating; outlook stableMoody's Ratings has upgraded the corporate family rating (CFR) of Oravel Stays Limited -- travel tech platform OYO's parent firm -- and the...
- Deutsche Bank to refinance Oyo's Term Loan BOyo is refinancing its $450 million debt and adding $375 million to acquire G6 Hospitality. Moody's upgraded Oyo's rating to B2, projecting...
- JP Morgan extends Rs 200 crore credit facility to OyoJP Morgan has provided Oyo with a Rs 200 crore credit facility to support the expansion of Oyo's Accelerator Programme. Launched in March l...
- Ankit Gupta, Mandar Vaidya move on from Oyo"We are proud of their achievements at Oyo and are thankful for their leadership. Both roles were already transitioned six months ago to Va...
- 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 ...
- Oyo tells employees it expects nearly Rs 800 crore adjusted EBITDA in FY24People familiar with the matter said Agarwal told staffers during the town hall that this can be attributed to 'sustained growth' in India,...
- IPO-bound Oyo reports EBITDA of Rs 56 crore in Q2 as per financials submitted to SebiSEBI had given Oyo the permission to submit updated financials before it examined and finally processed the company’s IPO application.
- Ritesh Agarwal says the only thing that matters on the journey to success is one's experience with failuresThe 27-yr-old is often asked this question by young founders.
- Oyo squashes rumours of bankruptcy following an NCLT order"The creditors of Oyo Hotels & Homes are hereby called upon to submit their claims before April 15 to the interim resolution professional,"...
- Oyo gets $100 million from China’s ride-hailing giant Didi ChuxingThis investment brings to a close Oyo’s $1 billion financing round, valuing it at $5 billion.
- 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 cuts losses to Rs 325 cr in FY17The SoftBank-backed company also said in the quarter ended June, it posted its highest grossing months with total booking value touching ne...
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