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PRISM HOSPITALITY
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...
Indian corporations poised to become large brand owners in US: Oyo founder Ritesh AgarwalIndian companies are poised to become significant brand owners in the United States. This shift will enhance India's global influence beyon...
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 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...
Oyo-parent Prism secures Sebi's nod to launch Rs 6,650-crore IPOOyo's parent company, Prism, has received approval from Sebi to proceed with its Rs 6,650 crore IPO. The company is expected to be valued b...
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...
Ahead of IPO, Oyo parent PRISM logs Rs 245 crore profit in FY25Oyo's parent company, PRISM, has reported a profit of Rs 245 crore for the financial year ending March 31, 2025. Revenue grew to Rs 6,253 c...
Oyo parent files confidential papers with Sebi, eyes Rs 6,650 crore IPO at $7–8 billion valuationOyo parent PRISM has filed confidential IPO papers with SEBI, aiming to raise up to Rs 6,650 crore at a $7–8 billion valuation. The move fo...
Moody’s expects PRISM’s EBITDA to climb to Rs 2496.2 crore in FY25-26Moody's projects PRISM's EBITDA to more than double to $280 million in FY25-26, driven by G6 Hospitality's full-year contribution and cost ...
Sunday PropTech to investors: On track to deliver Rs 42 crore EBITDA in FY26, eyeing 3x growth in FY27Sunday PropTech, backed by PRISM, anticipates a robust Rs 42 crore EBITDA by FY26, marking its first full operational year. The firm is act...
OYO Assets plans to acquire 12 hotels in next six monthsOYO parent PRISM-backed OYO Assets plans to acquire 12 hotels in H2 of this financial year to expand its premium and mid-premium portfolio,...
OYO-parent PRISM rejigs top leadershipTravel-tech firm OYO’s parent company, PRISM, has reshuffled its leadership. Ankit Tandon is now chief operating officer of PRISM and CEO f...
Oyo-parent PRISM announces leadership realignmentPRISM, the parent company of Oyo, is reorganizing its leadership team. This strategic move aims to boost growth and enhance its premium off...
InCred & Analah led consortium invests Rs 50 crore in PRISM-backed Sunday PropTechAn InCred & Analah-led consortium has invested Rs 50 Crore in Sunday PropTech Limited (Oyo Assets), enabling PRISM to expand its premium ho...
Oyo-parent PRISM launches new hotel vertical called 'CheckIn'PRISM, OYO's parent company, has introduced CheckIn, a new hotel vertical encompassing premium value brands like Townhouse Hotels and Sunda...
Oyo rebrands corporate name to PRISM to reflect global expansionOravel Stays Limited, known as Oyo, has rebranded to PRISM, reflecting its evolution into a diversified global travel-tech, hospitality, an...
Stock market update: 31 stocks hit 52-week highs on NSEOverall, 37 shares were trading in green in Nifty50 index, while 13 were trading in red in the afternoon trade.
Famous Middle East fast food chain Just Falafel outlet to enter IndiaThe street food provider is tying up with a property developer and hospitality company 'Prism Properties' to launch its first restaurant in...
UAE group KEF Holdings to invest Rs 1,600 crore in IndiaThe UAE-based KEF Holdings, a manufacturer of steel castings and valves, is planning to invest Rs 1,600 crore pan-India in the next five ye...