Inside Oyo’s FY26 profit; Gaming founders seek GST reprieveOyo parent Prism, which filed its updated IPO papers, reported a strong profit in the April-December period, courtesy of an unlikely source...
30 Jun, 2026, 07.21 PM IST
Oyo parent files updated DRHP for Rs 6,650 crore IPO: Key things to knowOyo's parent company, Prism, has filed for a Rs 6,650 crore IPO, with plans for a potential pre-IPO placement. The bulk of the funds will b...
30 Jun, 2026, 10.54 AM IST
Oyo parent Prism files updated IPO papers for fresh issue worth Rs 6,650 croreOYO parent Prism, formerly Oravel Stays, has filed an updated DRHP with SEBI for a Rs 6,650 crore IPO entirely through fresh issue. Proceed...
30 Jun, 2026, 08.24 AM IST
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...
30 Jun, 2026, 06.44 AM IST
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...
10 Jun, 2026, 07.07 PM IST
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. ...
03 Jun, 2026, 07.56 AM IST
Oyo parent PRISM's G6 Hospitality launches 38 new hotels across the USPRISM, the company behind Oyo, has launched 38 Studio 6 extended stay hotels across the United States. This expansion follows PRISM's acqui...
25 May, 2026, 07.35 PM IST
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
Quick service platform Snabbit appoints Abhinav Ankur as chief business officerQuick service platform Snabbit has appointed Abhinav Ankur as its chief business officer. This move comes as the house help segment experie...
21 Apr, 2026, 06.03 PM IST
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...
25 Apr, 2025, 04.52 PM IST
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...
31 Mar, 2025, 02.16 PM IST
Expect first full year of Ebitda profitability, Oyo tells employeesThe hospitality chain had reported an adjusted Ebitda of Rs 63 crore in the first half of FY23 (H1FY23) according to previous filings with ...
27 Jan, 2023, 06.25 PM IST
Oyo restates losses to Rs 2,140 crore for FY22; files fresh IPO docs with SebiOyo reported a 47% growth in its gross bookings value per hotel in Q1FY23 at Rs 3.25 lakh versus Rs 2.21 lakh for FY22.
19 Sep, 2022, 01.08 PM IST
Oyo suspends payments to hotels; Partners say clause not in contractOyo stated in the letter that since hotel revenues have dwindled and are unlikely to improve in the next few months it is constrained to ex...
03 Apr, 2020, 01.58 PM IST
Oyo loss widens to $335 millionOyo, which is laying off staff across the globe including India as it struggles to rein in costs, said losses in its home market went up to...
18 Feb, 2020, 08.04 AM IST
Oyo reports $335 million loss on revenue of $951 millionLosses climbed to $335 million, or 35% of revenue, from $53 million, or 25% of revenue, as the startup expanded into China and other new ma...
17 Feb, 2020, 08.20 PM IST
OYO reports revenues of Rs 327 crore in FY18The company clocked revenues of Rs 327 crore in its standalone results for the financial year 2017-18, a 200% jump from last the financial ...
05 Feb, 2019, 11.42 PM IST