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...
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...
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...
AI startup Nava raises $22 million in round led by Greenoaks CapitalRTP Global and Unicorn India Ventures participated in the round. The company will use the fresh capital to expand its GPU compute and AI da...
IT cos slash US teams; D2C luggage brands hit turbulenceHappy Thursday! Indian IT firms have begun cutting jobs in their US teams, according to filings. This and more in today's ETtech Morning Di...
Oyo makes Rohit Kapoor global chief marketing officer, Ankit Tandon takes on additional role of CEO-SEA and ME, Ankit Gupta elevated as CEO IndiaAnkit Gupta, currently the CEO of Hotels and Homes India will take on the role of CEO, India. All three leaders will report to the founder ...
Oyo's aggrieved hotel owners planning to approach Sebi after co files DRHP papersFederation of Hotel & Restaurant Associations of India, which had filed a complaint against the company in the CCI, said the investigation ...
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...
Oyo India staff seek adequate compensation, may move courtAfter announcing pay cuts in fixed compensation of up to 25% in April, Oyo had put some employees on LwLB for four months from May. On Tues...
Oyo India offers voluntary separation or leave extension to employeesThe company said that for those who opt for VSP, the company will provide benefits such as financial assistance, relaxation on ESOP vesting...
Have created over 1 lakh direct and indirect jobs in India: OYOThe company has set up 22 OYO Skill Institutes in the country for training frontline staff in every aspect of hotel management in India.