OYO Hotels and Homes
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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 ......
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Oyo hits back at Zostel, says both parties mutually agreed to terminate deal in SEBI response
Oravel Stays Ltd., which operates brand Oyo, has hit back at Zostel Hospitality Pvt. Ltd. and filed its response to ......
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Oyo ropes in merchant banks for $1.2 bn local IPO, to file paperwork by mid-October
Unicorn Oyo Hotels and Homes has roped in merchant banks and lead book managers for its domestic initial public offering ......
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OYO hires merchant banks for $1.2 bn IPO
SoftBank-backed hospitality company, OYO Hotels and Homes, has hired at least three merchant banks to raise $1.2 billion through an ......
Consumer
OYO appoints new CTO, rejigs top brass to strengthen global business
SoftBank-backed hospitality chain OYO Hotels and Homes has reorganised its leadership team across verticals and geographies to strengthen its global ......
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SoftBank-backed Oyo sees signs of recovery after pandemic pummels travel
The COVID-19 pandemic will mean holiday-goers will shy away from larger hotels for the foreseeable future in favor of boutiques ......
Finance
Former Innov8 exec to head Oyo founder-backed VC firm Aroa Ventures
Ritesh Agarwal, the founder of SoftBank Vision Fund-backed Oyo Hotels and Homes, has floated a venture-stage investment vehicle that will ......
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Oyo says annual loss grew over six-fold on China expansion
SoftBank-backed Oyo Hotels and Homes said on Monday losses widened more than six-fold in the year to March 2019, as ......
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SoftBank-backed Oyo lays off over 1,000 employees amid profit push
SoftBank-backed (9984.T) Oyo Hotels and Homes is laying off hundreds of employees in India, according to a source and an ......
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Yahoo Japan exits Oyo-SoftBank room rental venture
India’s Oyo Hotels and Homes said on Thursday SoftBank-controlled Yahoo Japan has quit its Japanese room rental venture, in the ......
