Oyo Hotels is accelerating its IPO plans as a significant debt repayment deadline looms. Creditors demand founder Ritesh Agarwal settle $38...

Oyo is refinancing its $450 million debt and adding $375 million to acquire G6 Hospitality. Moody's upgraded Oyo's rating to B2, projecting...

Fitch 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...

Moody'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 ...

Last year, Dealshare expanded to 150 cities and towns across India as it chased growth above all else. Now, the company has laid off 100 em...

The secondary transactions, which were executed at Rs 110 per share and include nearly 1.43 crore equity shares as well as 2,500 preference...

Oyo 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 wants to do more not just for its employees, but also for the “extended Oyo family”, Oyo Rooms CEO Ritesh Agarwal says.

The fresh fundraising by the hospitality startup came at a time when it is slowly recovering from the impact of coronavirus pandemic.

Citing the example of its China-based investee company Alibaba's investment in Paytm, Rajeev Misra said this was a strategic and not a fina...

For its employees on the leave with limited benefits plan, Oyo said it is offering a cash benefit equivalent to their notice pay basis last...

The company said that for those who opt for VSP, the company will provide benefits such as financial assistance, relaxation on ESOP vesting...

Deal may be structured as a multi-decade lease.

The move, unprecedented among new-age Indian startups, will help Agarwal raise his stake to around 30%.

The company expects the total ESOP liquidity programme to be worth around USD 150 - USD 200 million over the next few years.

The hospitality advisory firm has claimed that the $400-million startup has failed to make the payment despite using their services during ...