OYO Raises Rs 1,457 Crore In Latest Funding Round Before Much Awaited IPO
The investment is being made through Compulsory Convertible Cumulative Preference Shares, each priced at ₹29, consistent with the valuation of the recent raise in Series G.
Aug 11, 2024, 15:43 PM IST
Oyo To Refile Its IPO Papers Post-Refinancing Existing Loan
As per existing SEBI regulations, the company will need to revise its filings with the regulator.
May 18, 2024, 16:40 PM IST
Every Global Brand Wants To Be In India: OYO's Ritesh Agarwal
Ritesh Agarwal who is a popular 'Shark Tank India' judge, said that today, every global brand wants to be in the country.
Apr 21, 2024, 21:01 PM IST
Who Is Rakesh Kumar, Hospitality Major OYO's New CFO
Rakesh Kumar will take charge as OYO's new CFO from January 1.
Dec 12, 2023, 14:14 PM IST
Shark Tank India Season 3: Zomato's Deepinder Goyal Joins As New Shark After Oyo's Ritesh Agarwal
Deepinder Goyal and Ritesh Agarwal will join Aman Gupta, Anupam Mittal, Namita Thapar, Vineeta Singh, and Peyush Bansal as Sharks for Shark Tank India season 3.
Oct 07, 2023, 17:26 PM IST
The Trailblazing Story Of OYO: Founder Ritesh Agarwal Shares Nostalgic Pic Of Himself During Early Struggling Days Of Company
Ritesh Agarwal's journey from a small town in India to the founder of a multi-billion-dollar company is a testament to his determination, vision, and entrepreneurial spirit.
Aug 06, 2023, 17:09 PM IST
OYO Pre-Files Draft Paper For IPO; Likely To List Around Diwali: Sources
Explaining the rationale for filing through the pre-filing route, a source said, "The market continues to be highly volatile globally and to an extent in India as well.
Mar 31, 2023, 16:01 PM IST
IPO-bound OYO's EBITDA rises 8 times, loss reduced by 20 per cent
The sharp uptick in EBIDTA wasn`t enough to make the company profitable at a net level. The company logged in a net loss of Rs 333 crore, though it has reduced from the Rs 414 crore reported in the first quarter of 2022-23.
Nov 27, 2022, 10:45 AM IST
Gang shoots obscene videos of couples in OYO in Noida, busted
The accused began blackmailing the couple over the phone, threatening to circulate their video online.
Oct 22, 2022, 20:21 PM IST
OYO offers upto 60% special discount for NEET 2022 woman aspirants --Check steps to avail it
The hospitality tech firm said the discount scheme is valid for two days - July 16 and July 17, 2022.
Jul 13, 2022, 15:29 PM IST
OYO recorded more bookings for Navratri, Ashtami weekend than Valentine's Day, Holi ones
The bookings for the weekend that coincided with Navratri and Ashtami were much higher than the weekend bookings for peak travel days such as Republic Day, Holi, and Valentine's Day, OYO said.
Apr 14, 2022, 16:05 PM IST
IPO-bound OYO gets listing approval from BSE, NSE
OYO has filed preliminary documents for a Rs 8,430 crore initial public offering (IPO). The offering will consist of a fresh issue of shares of up to Rs 7,000 crore and an offer-for-sale of as much as Rs 1,430 crore.
Jan 26, 2022, 08:59 AM IST
OYO received bookings worth Rs 110 crore for New Year celebrations: CEO Ritesh Agarwal
Ritesh Agarwal has revealed that the company had received over 5 lakh bookings for New Year 2022 celebrations.
Jan 09, 2022, 08:46 AM IST
OYO versus Zostel: SoftBank-backed hospitality giant refutes allegations
OYO's parent firm Oravel Stays has refuted all 'allegations' made by Zostel Hospitality.
Oct 29, 2021, 19:32 PM IST
OYO IPO: SoftBank-backed hospitality giant files draft papers for $1.14 billion initial offer
Oyo's IPO comes at a time when travel restrictions are being eased across the globe and the tourism sector is rebounding as people head out on vacations after lengthy lockdowns.
Oct 01, 2021, 16:22 PM IST
Hospitality giant OYO to file for $1.2 billion IPO next week: Report
Oyo Hotels and Rooms is expected to file for an initial public offering (IPO) next week to raise around $1 billion to $1.2 billion.
Sep 23, 2021, 09:43 AM IST
IPO-bound OYO to become public limited company
Parent company of hospitality firm OYO, Oravel Stays Pvt Ltd's Shareholders, have approved the conversion of the company from a private limited company to a public limited company according to a regulatory filing,
Sep 14, 2021, 17:43 PM IST
Microsoft invests INR 37 crore in IPO-bound OYO
Oravel Stays Pvt Ltd (OYO) approved on July 16 the issue of equity shares and convertible cumulative preference shares amounting to rupee equivalent of $5 million to Microsoft in a private placement.
Aug 21, 2021, 09:32 AM IST
Microsoft may invest in Oyo at over $9 billion valuation ahead of IPO
The news comes after OYO announced earlier this month that it has raised $660 million from global institutional investors as TLB (Term Loan B).
Jul 30, 2021, 13:04 PM IST
OYO raises $660 million in debt to revive from pandemic blows
OYO is the first Indian startup to be publicly rated by Moody`s and Fitch, two of the leading international rating agencies.
Jul 16, 2021, 12:35 PM IST
