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OYO MARKET GROWTH
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...- 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...
- Young, loss-making startups keep OFS portion lean as investor scrutiny growsNew-age, loss-making startups are prioritising large fresh issue components in their IPOs to fund growth, a shift from the 2021-22 cycle. I...
- S&P Global revises IPO-bound Oyo parent Prism's outlook to 'Positive'S&P Global Ratings has declared a Positive outlook for Prism, suggesting a promising trajectory for OYO's parent company. This optimistic a...
- 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 readies market debut; IT's comeback rallyOyo's IPO plans are back on track after securing the regulator's nod. This and more in today's ETtech Top 5.
- Trading volumes in unlisted shares plunge up to 70%Investor interest in unlisted shares is decreasing. Trading volumes have fallen significantly. This slowdown is due to lower prices and few...
- 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...
- 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...
- OYO to file DRHP in November, targets $7-8 billion IPO valuation: ReportOYO, the global travel tech firm, is planning to file its Draft Red Herring Prospectus in November. The company is expecting a valuation 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...
- Oyo's growth is ahead of schedule, cost controls are better than ever: Steve AlbrechtSteve Albrecht, a non-executive independent director on Oyo's board said in terms of corporate governance, the company is at a 'very profes...
- Oyo makes Rohit Kapoor global chief marketing officer, Ankit Tandon takes on additional role of CEO-SEA and ME, Ankit Gupta elevated as CEO IndiaAnkit Gupta, currently the CEO of Hotels and Homes India will take on the role of CEO, India. All three leaders will report to the founder ...
- OYO expands to over 100 hotels in more than 21 states in USOyo has committed $300 million as an initial investment in the US to fuel rapid growth across the country, it 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 forays into Japan with a housing rental serviceThe service, called OYO Life, will be available from the beginning of next month and will be offered by OYO Technology & Hospitality Compan...
- After UK Foray, OYO Hotels is opening its door in UAEOYO Hotels is starting with 10 full-inventory franchised and operated hotels and more than 1,100 rooms in the three Emirates — Dubai, Sharj...
- OYO makes room for business travellersThe brand, priced higher than the more pocket-friendly OYO Rooms, is targeted at millennial business travellers and offers amenities like a...
- OYO Rooms appoints new chief human resources officer Dinesh R"I consider this an opportunity to contribute to the growth of a home-grown start-up that will disrupt markets globally,” says Dinesh.
- Online travel agencies like MakeMyTrip, Goibibo, Yatra blocked OYO & Zo Rooms from their websitesThe development comes at a time when OYO Rooms and Zo Rooms gear up for mega financing rounds in order to capture the budget stays market.
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