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OYO REVENUE GROWTH
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. ...
- 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...
- IT cos slash US teams; D2C luggage brands hit turbulenceHappy Thursday! Indian IT firms have begun cutting jobs in their US teams, according to filings. This and more in today's ETtech Morning Di...
- Oyo-owned Innov8 revenue rises 58% to Rs 38 crore in April-June quarterInnov8, Oyo Group's co-working firm, reported a 58% revenue surge to Rs 38 crore in Q1 FY26, with Ebitda tripling to Rs 8 crore, driven by ...
- 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...
- 5 banks to present Oyo's IPO plans to SoftBank in London meetingOyo is gearing up for a potential IPO, engaging with investment banks like Goldman Sachs and ICICI Securities to present strategies to Soft...
- Oyo owned Belvilla acquires short-term rental platform MadeComfyBelvilla by Oyo has acquired Australian short-term rental platform MadeComfy in a cash-and-stock deal, valuing Oyo at approximately $5 bill...
- 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 on track to achieve revenues of Rs 2100 cr in Q4FY25: Founder Ritesh AgarwalOyo founder Ritesh Agarwal announced that Oyo is expected to achieve over 60% revenue growth in Q4 FY2025, targeting Rs 2100 crore. The com...
- Oyo PAT rises nearly 6 times to Rs 166 crore in Q3Oyo reported a Q3 profit of Rs 166 crore, a 6x increase YoY. Revenue grew 31% to Rs 1,695 crore, driven by strong performance in India, US,...
- IPO-bound OYO rejigs top leadership with five elevationsOYO has announced new leadership roles. Sonal Sinha is now COO International and Rachit Srivastava is COO of OYO Vacation Homes in Europe. ...
- Oyo gives Indian tourists in Thailand a 60% discountOYO Thailand is offering Indian tourists a 60% discount on hotel stays between October 11 and 31, with reservations available until Decembe...
- OYO says it added 2,800 new corporate clients in January-July 2023According to 'Oyo Business Travel Trends Report 2023', Hyderabad has emerged as the leading city, adding 660 corporate clients, followed by...
- Fitch revises Oyo's outlook to 'positive', affirms ratingsFitch affirmed the ratings on the $660 million senior secured term loan facility due 2026, issued by Oyo's fully owned subsidiary, Oravel S...
- Has IPO-bound OYO regained trust of its hotel partners?With over 157,000 storefronts worldwide, the 40 reported cases against the company or its directors translate to less than 0.02 per cent of...
- Pickrr onboards Devesh Khandelwal as Chief Revenue Officert Pickrr, he will be responsible for leading revenue and strategy for the company. The appointment by Pickrr is in sync with the company’s ...
- Senior executives quit Oyo, company extends furloughs for some employeesFor its employees on the leave with limited benefits plan, Oyo said it is offering a cash benefit equivalent to their notice pay basis last...
- OYO hotel sales globally jump over 4-fold to USD 1.8 bn in 2018Globally, OYO Hotels & Homes is present in over 500 cities across eight countries.
- OYO launches OYO Home in DubaiOYO currently operates over 3,000 fully-managed residential accommodation in India across 25 cities.
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