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ORAVEL STAYS PVT
Oyo talking to Apollo for $660 million refinance as IPO delayedOravel Stays Pvt, as Oyo’s parent company is known, is seeking to extend maturity to five years compared with the existing 2026 deadline, o...- Paytm, Zomato's fate forcing Oyo Hotels and Delhivery to delay IPOsInvestors have soured on new tech offerings after the calamitous public debut of fintech firm Paytm, as well as the battering received by n...
- Oyo is said to target $9-billion valuation in IPOThe valuation Oyo is targeting would be lower than the $12 billion initially reported last year and probably lower than the $10 billion lev...
- FHRAI urges Sebi again to suspend OYO's IPO processEarlier in October, FHRAI had urged Sebi to suspend OYO's IPO process, drawing attention to irregularities, such as being engaged in anti-c...
- Oyo refutes allegations by ZostelThe DRHP is replete with material omissions and blatant misstatements, intended to mislead the public to invest in Oravel's shares without ...
- Oyo’s IPO filing; Facebook official grilled in US senateOyo Hotels & Homes, India’s third-highest-valued private startup, has filed its draft IPO papers with the capital markets regulator. It see...
- Oyo increases authorised share capital ahead of IPOAn extraordinary general meeting of Oravel Stays on September 1 approved the resolution to increase its authorised share capital. The incre...
- IPO-bound OYO increases authorised share capital to Rs 901 crThe development comes ahead of proposed initial public offering (IPO) by OYO, for which a draft red herring prospectus (DRHP) is likely to ...
- 25 unicorns in 8 monthsZetwerk has become India’s youngest billion-dollar startup after a $150-million funding round. Microsoft has invested in Oravel Stays ahead...
- Microsoft Corporation invests $5 million in OyoIn July, Oyo had announced raising TLB funding of $660 million (nearly Rs 4,920 crore) from global institutional investors to be utilised f...
- Oyo is raising a loan that’s seen as a precursor to listingOyo Rooms is in the process of raising around Rs 4,400 crore from a bunch of international investors through a Term Loan B (TLB) issuance, ...
- Oyo seeks $600 million loan amid virus surgeThe high-profile startup, the first Indian unicorn to seek debt from foreign institutional investors, targets a loan with a five-year tenure
- The opposite of doomscrollingIn today's ETtech Morning Dispatch newsletter: Kids' shows cast a spell on thousands of adult viewers, ShareChat and GupShup join India's u...
- Oravel Stays infuses Rs 634.5 crore into India operations of Oyo through allotment of new sharesOravel Stays was allotted 28,31,957 shares in Oyo Hotels & Homes in lieu of the funding on November 5, documents filed with the Registrar o...
- Hyderabad hotel files insolvency plea against OyoAs per the term of the agreement signed between Conclave and Oyo, the corporate debtor, Oravel, would pay the corporate creditor, Conclave,...
- A pin up CEO parachuted to the board, Aditya Ghosh takes a back seat in OyoGhosh's elevation to the Oyo board of directors seems as intriguing as it is perplexing.
- Cafe Coffee Day's Siddhartha's suicide is heartbreaking for entrepreneurs: Paytm’s Vijay ShekharA whole generation of internet entrepreneurs have small-town roots and hunger to build something successful.
- Oyo parent Oravel sets up 2 JVs with SoftBank's SB TopazOyo has also been contemplating setting up a global hospitality property fund that will acquire properties across markets and lease those t...
- Oyo’s valuation set to cross $4 billion in new roundOyo is in talks to raise up to $1 bn in a deal that could usher it into India’s crowding Unicorn club.
- Foreign tourist arrivals in Jan-Jul up 10 per cent at 49.22 lakhForeign exchange earnings from tourism (in rupee terms), which grew by 9.5 per cent in 2015, jumped 15 per cent in 2016 for comparable peri...
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