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OYO LOAN REPAYMENT
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 to meet bankers next week for third IPO attempt; eyes $5–7 billion valuationOyo's parent company, Oravel Stays, is preparing for its third IPO attempt, aiming for a March-April 2026 listing. This push is influenced ...
- Tariffs cloud tech outlook; Oyo hits IPO wallAmazon and Apple beat estimates, but their forecasts amid Trump’s trade war raised investor concerns. This and more in today’s ETtech Top 5.
- Oyo puts off third IPO attempt after SoftBank takes issueOyo Hotels has postponed its India listing plans for October. SoftBank disagreed with the IPO plan, asking for stronger earnings first. Oyo...
- 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...
- 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...
- OYO withdraws DRHP, to refile IPO post refinancing: SourcesOYO IPO: Softbank-backed OYO is set to refile its much-awaited IPO as the global travel tech player is close to finalising its refinancing ...
- Oyo to prepay over Rs 1,600 crore debt via buybackThe move comes on the back of Ritesh Agarwal-led startup reporting its first-ever profit in the second quarter of 2023-24, with a profit af...
- India’s Startup Mafia 2.0: Oyo, Ola, Udaan lead the wave of entrepreneurship; more women logging out of tech jobsIndia’s top internet firms like Flipkart have been fertile breeding grounds for entrepreneurs who left jobs to start something of their own...
- Fitch revises outlook on Oyo's IDRs to positive from stableFitch 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...
- Byju’s lenders seek quicker part-payment of $1.2-billion loanThe lenders have hired Houlihan Lokey Inc. to advise them on amending covenants after the edtech titan breached terms, including a Septembe...
- Oyo founder Ritesh Agarwal gets easier terms for 2019 share buybackThe revised conditions include a reduced quasi-equity component of $950 million, down from $1.8 billion previously, due to an $850 million ...
- Amazon to deliver third-party ecomm orders; ETSA winners to receive awards on Nov 19This will make the US ecommerce major a direct rival to new-age logistics firm Delhivery, Xpressbees, Ecom Express and Flipkart's Ekart, wh...
- SoftBank’s Son still betting on himself after go-private talksSon may be comfortable with such swings. He saw $70 billion wiped from his net worth in the dot-com crash. But falling fortunes aren’t the ...
- Masa Son unveils a $41 billion asset sale to silence his criticsSon is trying to salvage his reputation as one of the world’s foremost tech investors, a name based largely on a prescient early bet on Ali...
- 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...
- What's threatening to dampen the hopes of aggregators in IndiaA groundswell of complaints from irate customers is dampening prospects for aggregators in India.
- Online consumer lending startups take on banks & NBFCs, but how safe is this business model?Investors feel that the vacuum left by traditional banks in terms of not meeting the financial needs of consumers satisfactorily has led to...
- High borrowing cost, lack of infrastructure status hitting margins of Mid-market hotelsExperts believe that despite have a low gestation period, there are fundamental issues because of which mid-market hotels are making losses.
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