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SoftBank-backed Oyo may get two new investors as IPO wait stretches

TMT

05 October, 2023

SoftBank-backed Oyo may get two new investors as IPO wait stretches

Global private equity firms General Atlantic and Norwest Venture Partners are in talks to pick a secondary stake in Oravel ......

IPO-bound Oyo makes fresh acquisition to expand Europe footprint

TMT

09 August, 2022

IPO-bound Oyo makes fresh acquisition to expand Europe footprint

Oravel Stays Ltd, which operates hospitality unicorn Oyo, on Tuesday said it has acquired holiday homes operator Bornholmske Feriehuse for ......

Fitch downgrades IPO-bound OYO's ratings over EBITDA profit uncertainty in FY23

TMT

03 June, 2022

Fitch downgrades IPO-bound OYO's ratings over EBITDA profit uncertainty in FY23

Fitch Ratings has downgraded ratings of Oravel Stays Ltd, which owns and operates hospitality unicorn OYO Hotels and Homes to ......

IPO-bound OYO buys Direct Booker to boost Europe presence

TMT

09 May, 2022

IPO-bound OYO buys Direct Booker to boost Europe presence

Oravel Stays Ltd, which owns and operates hospitality unicorn Oyo Hotels and Homes, on Monday said it has acquired Direct ......

Oyo rejigs top management, IPO likely to get delayed

Markets

17 March, 2022

Oyo rejigs top management, IPO likely to get delayed

In a major top management rejig, Softbank-backed Oyo has elevated Ankit Gupta to be the chief executive officer (CEO) of ......

Delhi High Court dismisses Zostel plea in relief to IPO-bound Oyo

TMT

14 February, 2022

Delhi High Court dismisses Zostel plea in relief to IPO-bound Oyo

The Delhi High Court (HC) has dismissed Zostel Hospitality Pvt Ltd's interim plea claiming 7% holding in Oravel Stays Ltd, parent of Oyo. This comes as ......

Oyo parent gets in-principle listing nod from bourses for Rs 8,340 cr IPO

TMT

25 January, 2022

Oyo parent gets in-principle listing nod from bourses for Rs 8,340 cr IPO

Oravel Stays Ltd, which owns and operates hospitality unicorn Oyo Hotels and Homes, has received an in-principle nod from the National Stock Exchange ......

India overtakes UK to host third-largest number of unicorns in the world: Hurun report

TMT

22 December, 2021

India overtakes UK to host third-largest number of unicorns in the world: Hurun report

India has overtaken the UK to rank third with 54 unicorns, according to a new Hurun India report. The report, ......

Zostel Hospitality writes to SEBI to reject OYO's proposed IPO

Consumer

11 October, 2021

Zostel Hospitality writes to SEBI to reject OYO's proposed IPO

Zostel Hospitality Pvt. Ltd., which owns Zostel Hostels and ZO Rooms, has written to Indian market regulator Securities and Exchange ......