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Grapevine: Oyo in talks with Apollo Global to refinance loan; Dream11 buys Sixer

General

06 October

Grapevine: Oyo in talks with Apollo Global to refinance loan; Dream11 buys Sixer

Hospitality firm Oyo Hotels and Rooms, operated by Oravel Stays Pvt Ltd, is in discussions with a US-based alternative asset manager to refinance a $660-million loan, a ......

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

TMT

05 October

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 ......

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DSG Consumer Partners wraps up fundraising for fourth VC vehicle, meets target

Finance

03 October

DSG Consumer Partners wraps up fundraising for fourth VC vehicle, meets target

India-focused venture capital firm DSG Consumer Partners has marked the final close of its fourth consumer-oriented fund, a top executive ......

Two senior executives check out of IPO-bound Oyo

People

06 September

Two senior executives check out of IPO-bound Oyo

SoftBank-backed hospitality company Oyo saw two key resignations earlier this year in March 2023, at a time when the company ......

Upstox backer BlackSoil snags $25 mn in fresh round

Finance

04 April

Upstox backer BlackSoil snags $25 mn in fresh round

Alternative credit platform BlackSoil Capital has raised $25 million (around Rs 205 crore) via bank debt, non-convertible debentures, AIF commitments ......

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Check out India's top cash-guzzling startups

TMT

04 April

Check out India's top cash-guzzling startups

India’s top technology startups spent billions of dollars raised from alternative investment firms in the year through March 2022 in ......

Oyo slashes issue size as it refiles for IPO

Finance

03 April

Oyo slashes issue size as it refiles for IPO

Softbank-backed hotel aggregator Oyo has submitted a confidential "pre-filing" document for a likely slimmed-down initial public offering, a source told ......

Oyo to refile draft papers for IPO with Sebi by Feb

Finance

18 January

Oyo to refile draft papers for IPO with Sebi by Feb

Hospitality unicorn Oyo on Wednesday said it would refile its draft initial public offering (IPO) documents by mid-February after the ......

Ola sacks employees post restructuring

TMT

13 January

Ola sacks employees post restructuring

Bengaluru-based cab aggregator platform Ola Cabs has laid off employees from some of its verticals as part of a restructuring ......

Sebi directs Oyo to refile DRHP with select updates

Consumer

03 January

Sebi directs Oyo to refile DRHP with select updates

The Securities and Exchange Board of India (Sebi) has asked Oravel Stays Ltd, the parent company of travel-tech firm Oyo, ......