Oyo IPO details: The DRHP, decodedOyo Hotels & Homes, officially called Oravel Stays Ltd, plans to raise Rs 8,430 crore in an initial public offering (IPO), draft papers of ...
01 Oct, 2021, 06.27 PM IST
Bottlenecks may reduce leading to higher participation in Indian highway bidding: ReportThe government’s recent push in the infrastructure sector could lead to more competition and higher bidding for roads projects, an India Ra...
04 Dec, 2020, 04.34 PM IST
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...
06 Nov, 2020, 09.12 PM IST
Sequoia Capital MD steps down from Oyo board, to have observer statusBejul Somaia, partner at Lightspeed India Partners, will continue as a board member.
16 Oct, 2020, 08.18 PM IST
Oyo founder Ritesh Agarwal sets up Aroa Ventures to place startup betsSingapore-based Aroa Ventures plans to invest between $500,000 and $5 million, and is targeting opportunities across the consumer, technolo...
30 Jul, 2020, 07.43 AM IST
Oyo's parent company gets $807 million from SVF, RA HospitalityThe development follows a statement by the SoftBank-backed company in October, according to which Agarwal will invest $700 million into the...
18 Mar, 2020, 01.34 PM IST
Oravel board okays $1.5b for Oyo from SoftBank, RA HospitalityThe investment comes a little over a month after the company stated that its founder and group chief executive Agarwal would invest $700 mi...
25 Nov, 2019, 10.00 AM IST
Oyo founder Ritesh Agarwal investing $700 m in $1.5-B fresh roundInvestment to be routed via RA Hospitality and financed by the $2-2.2b debt Oyo CEO had raised.
08 Oct, 2019, 08.50 AM IST
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...
25 Sep, 2019, 08.06 AM IST
Oyo founder’s $1.5 billion stock buyback plan gets CCI nodRitesh Agarwal plans to undertake a $1.5 bn stock buyback, & pump in an additional $500 mn into OYO.
17 Sep, 2019, 11.28 AM IST
Oyo's Ritesh Agarwal finds backing from Mizuho, NomuraJapanese financial groups to fund Oyo founder’s $2-billion share purchase plan.
23 Jul, 2019, 10.36 AM IST
Lightspeed and Sequoia hit the jackpot with OyoLightspeed, which put in $20 million, will get $1 b for half of its 13.4% stake in company; Sequoia to take home $500 million
22 Jul, 2019, 10.42 AM IST
Oyo founder Ritesh Agarwal set to raise stake to 30% in $2.2 billion transactionOyo boss is set to buy stake from Sequoia, Lightspeed and infuse $700 m in primary investment.
20 Jul, 2019, 08.51 AM IST
Ritesh Agarwal’s Cayman based firm to bring funds to OyoThe Cayman island SPV will look to make fresh investments in the hospitality chain.
17 Jul, 2019, 01.58 PM IST
Oncology solutions company Mitra Biotech gets $40 millionBoston and Bengaluru-based Mitra Biotech develops and provides novel technologies that personalise cancer treatment.
12 Jul, 2018, 09.04 AM IST
Apollo hospital is new headquarters of AIADMK supportersParty supporters continue to make offerings in temples and perform special prayers for the chief minister's speedy recovery
30 Sep, 2016, 01.00 AM IST
Mitra Biotech raises $27.4 million in Series B funding led by Sequoia India"These new funds will allow us to enhance our technology and engage in new studies to further demonstrate CANScript’s clinical utility," sa...
29 Aug, 2016, 09.19 AM IST