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OYO VALUATION
Oyo parent Prism Hotels receives Sebi nod for IPOPrism Hotels, Oyo’s parent, received Sebi approval for a Rs 6,650 crore IPO. Targeting a $7–8 billion valuation, the firm will use funds fo...
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 parent gets Sebi nod for Rs 6,650-cr public offerOyo, the hospitality brand, has secured approval from the Securities and Exchange Board of India for its initial public offering. The compa...
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.
Oyo parent Prism gets Sebi nod for IPO; plans to raise Rs 6,650 crore: SourcesHospitality firm Oyo's parent company, Prism, has received SEBI's approval for its IPO, aiming to raise Rs 6,650 crore. The company plans t...
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...
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...
Zetwerk IPO: Company files confidential papers for Rs 5,000 crore offeringZetwerk IPO update: Zetwerk has filed a confidential prospectus with the Securities and Exchange Board of India for an IPO, and is planning...
B2B firm Zetwerk eyes Rs 500 crore pre-IPO round at $3 billion valuationManufacturing marketplace Zetwerk is in discussions to raise approximately Rs 500 crore in pre-IPO funding from Bharat Value Fund and HNIs,...
Third time lucky? Oyo set to file draft prospectus for IPO in NovemberThe SoftBank-backed company has seen signs of profitability in recent quarters, leading to a renewed push for its public listing. Market so...
Oyo shelves IPO attempt for third time over SoftBank concerns: ReportSoftBank has reportedly opposed the proposed timing of Oyo’s IPO, urging the company to postpone the listing until its financial performanc...
Oyo's valuation at $4.6 billion after Nuvama Wealth acquires Rs 100 crore stakeOyo's valuation reached $4.6 billion after Nuvama Wealth's recent share acquisition. Founder Ritesh Agarwal also bought back shares. The co...
Oyo withdraws IPO application, opts for private funding at 70% valuation cutHospitality company Oyo has withdrawn its draft IPO papers for the second time, which it had filed in March 2023.
H World Group sells 19% of its total stake in Oyo in private market, makes a return of 500%This transaction translates to a 0.15% stake sale of H World Group on a fully diluted basis. Before the share sale, H World Group held a 0....
IPO-bound Oyo valuation dips in pvt market after reported markdown by investor SoftBankOyo said its total number of 'storefronts' was down at 1,68,012 in the quarter ended June 30, 2022 from 1,68,639 as on March 31, 2022 due t...
SoftBank cuts Oyo’s valuation to $2.7 billion ahead of planned IPOThe Japanese investor’s latest valuation of Oyo – as of June quarter – is based on comparison to similar firms in the public markets, peopl...
Oyo IPO may leave early investors earning returns of up to 770%Oyo’s early investors such as Lightspeed Ventures and Sequoia, along with recent ones like Airbnb, Microsoft, Hindustan Media Ventures, and...
Oyo to move ahead with IPO plans, Delhi HC to hear Zostel case on October 7While Oyo has challenged the SC-appointed arbitrator's order passed originally in March over the dispute, Zostel moved an application late ...