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...
13 May, 2026, 09.17 AM IST
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...
29 May, 2025, 01.43 PM IST
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...
24 May, 2025, 06.52 PM IST
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,...
09 Feb, 2025, 01.35 PM IST
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...
12 Mar, 2024, 04.51 PM IST
Oyo approaches SEBI to expedite IPO approvalOyo is keen to expedite its IPO approval and is said to have informed the regulator about a partial prepayment of $200 million of Oyo's out...
12 Feb, 2024, 03.49 PM IST
Sebi returns OYO's draft IPO papers; asks to refile with updatesThe company had filed its Draft Red Herring Prospectus (DRHP) with Sebi in September 2021 and is aiming to raise Rs 8,430 crore
03 Jan, 2023, 07.10 PM IST
Quarter’s delay likely in Oyo IPO as Sebi seeks updated filingRegulator wants risk factors, KPIs, outstanding litigation, basis for valuation refreshed in DRHP, which may take up to 3 months
01 Jan, 2023, 06.11 AM IST
Oyo plans deeper presence in south India with 600 new hotels by DecLast month, the company announced it was launching 75 new Oyo homestays in Jammu and Kashmir as part of Azadi Ka Amrit Mahotsav.
05 Sep, 2022, 06.00 AM IST
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...
14 Jan, 2022, 11.36 AM IST
SoftBank partners with Oyo in Latam in move for more oversightSoftBank said it started the partnership with Oyo in Latin America in 2019 and the investment has been recently formalized with the creatio...
07 Sep, 2020, 09.43 AM IST
SoftBank-backed Oyo to offload more loss-making hotels amid pandemic: SourcesThe hospitality sector has been one of the worst affected by the coronavirus outbreak, with global and domestic travel coming to a near-hal...
01 May, 2020, 08.29 AM IST
Oyo in talks for Lovely varsity’s hostel assetsDeal may be structured as a multi-decade lease.
04 Sep, 2019, 08.56 AM IST
Oyo in talks to acquire FreshMenu for $60MThe move will help Oyo standardise its food experience across hotels, an initiative that has internally been in the works for more than a y...
22 Feb, 2019, 08.58 AM IST
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.
14 Feb, 2019, 08.24 AM IST
Oyo in talks with LA firm to buy Keys HotelsKeys Hotels had been scouting for buyers for a few years and has an estimated debt of about Rs 160 crore.
09 Feb, 2019, 03.29 PM IST
Tencent may back Oyo with $2 billion tagSources briefed on the matter said Oyo has held discussions with other Chinese strategics and a few financial investors as well for the fun...
24 Jul, 2018, 09.03 AM IST