HC tells Oyo to inform Sebi of latest order but restrains Zostel from writing to authorities

People in the know said Zostel is likely to approach a division bench of the high court to challenge the order, pronounced by a single-judg...

While it may be too early to call it a trend, these aren’t the first tech startups to acquire old-school firms since the start of the pande...

Oyo’s early investors such as Lightspeed Ventures and Sequoia, along with recent ones like Airbnb, Microsoft, Hindustan Media Ventures, and...

In its letter to Sebi sent on October 28, and accessed by ET, Oyo has written that no restriction has been imposed on Oyo from changing its...

The DRHP is replete with material omissions and blatant misstatements, intended to mislead the public to invest in Oravel's shares without ...

In a letter to the Securities and Exchange Board of India (Sebi), Zostel said "the IPO is non-maintainable as Oravel's capital structure is...

In its letter to Sebi, Zostel said Oyo's IPO is "non-maintainable as Oravel's capital structure is not final."

Zostel is planning to move the Securities and Exchange Board of India (Sebi), asking it to put the proposed $1.2 billion IPO on hold, said ...

While Oyo has challenged the SC-appointed arbitrator's order passed originally in March over the dispute, Zostel moved an application late ...

Hospitality startup approaches Delhi High Court to restrain Oyo from modifying its shareholding structure or cap table including by way of ...

The companies have been locked in litigation, filing cases in various courts against each other, ever since OYO in October last year decide...

OYO said that Zostel had filed a "frivolous arbitration petition in District Court, Gurugram earlier on February 2, 2018, as a counterblast...

Alleges data stolen during due diligence as part of a failed acquisition; Oyo says it’s an attempt to ‘arm-twist for a deal’

OYO Rooms has completed its acquisition of rival ZO Rooms, building up significant muscle to dominate in a crowded hotel aggregation market.

Zostel recently launched Zo Rooms, which rival hotel rooms aggregation start-up Oyo Rooms alleged is based upon copied data.

From building a network of cobranded hotel properties across the country to curating budget hotels, homestays and hostels, a handful of tec...