Oyo Q1 FY26 PAT doubles YoY to Rs 200 crore; revenue grows 47% to Rs 2,019 croreOyo has reported a profit after tax of over Rs 200 crore in the first quarter of fiscal year 2026, with revenue growing 47% to Rs 2,019 cro...
05 Sep, 2025, 04.39 PM IST
Oyo parent raises Rs 1,457 crore in latest funding roundOravel Stays Ltd, the parent company of OYO, secured Rs 1,457 crore from several investors, including InCred Wealth, J&A Partners, and ASK ...
11 Aug, 2024, 04.25 PM IST
Oyo to use fresh funds for ‘enhanced business plan’ and global pushOyo's shareholder approval includes issuing Series G CCCPS shares, as per the scrutiniser's report, to raise funds and increase authorized ...
22 Jun, 2024, 09.28 AM IST
Zepto’s mega fundraise; Oyo funding gets shareholder nodQuick commerce company Zepto has raised $665 million from new and existing investors. This and more on today’s ETtech Top 5.
21 Jun, 2024, 09.54 PM IST
Oyo gets shareholder nod to raise Rs 417 crore via preference sharesMoody’s projects Oyo's EBITDA to reach $125 million in FY 2024-2025, inclusive of ESOP expenses. This outlook underscores the company's com...
21 Jun, 2024, 01.28 PM IST
Oyo's funding to finance global expansion, acquisitions: filingsET reported on June 20 that Oyo has received shareholder approval for raising Rs 416.85 crore through preference shares in an extraordinary...
21 Jun, 2024, 01.25 PM IST
Oyo finalises Rs 1,000 crore fundraise from Indian family officesOyo fundraise: Hospitality startup Oyo is raising around Rs 1,000 crore from family offices and investors. The fundraise aims to value Oyo ...
17 Jun, 2024, 10.14 AM IST
Swiggy to axe 400 jobs; Groww vs Zerodha race heats upThe cuts, which will impact about 6% of its 5,500 to 6,000 staff, will most likely happen across teams like technology, call centre, and co...
25 Jan, 2024, 08.04 PM IST
IPO-bound Oyo's legal troubles; UPI booms againA legal challenge from former rival Zostel, relating to a botched acquisition in 2015, threatens to disrupt Oyo's IPO plans.
29 Sep, 2021, 08.35 AM IST
Up to 20-25% secondary dilution expected in Oyo's impending $ 1 bn IPOExisting investors such as Airbnb and Greenoaks Capital are unlikely to divest their stakes besides founder Ritesh Agarwal, they added.
24 Sep, 2021, 08.56 PM IST
Oyo Hotels may file draft red herring prospectus next week for $1 billion IPOThe IPO, tentatively pegged at between $1 billion and $1.2 billion, will consist of a fresh issue of shares and an offer for sale (OFS) fro...
23 Sep, 2021, 03.15 PM IST
Welcome to the metaverse; Oyo’s pre-IPO movesLike Zoom calls, food delivery and work from home, the idea of building the “metaverse” has surged in popularity during the pandemic. Orave...
08 Sep, 2021, 08.02 PM IST
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...
08 Sep, 2021, 11.42 AM IST
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 ...
08 Sep, 2021, 10.34 AM IST
Oyo wins, Ravi Shankar Prasad resignsIn today’s ETtech Top 5 newsletter: NCLAT sets aside Oyo insolvency case; Ravi Shankar Prasad resigns as part of cabinet reshuffle; Binance...
07 Jul, 2021, 08.11 PM IST
OYO approves new ESOP plan with additional benefitsThe ESOP will be administered by a compensation committee formed by the board of directors, which will establish procedures for the adminis...
11 Aug, 2018, 09.18 AM IST
Oyo loss drops by a third, sales jumpThe narrowing of loss for the 12 month period ended March 31, 2017 was primarily due to a sharp drop in expenses.
04 Jan, 2018, 01.55 PM IST