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At ₹100 crore, OYO posts FY24 as maiden profitable fiscal: Founder

"While a delighted customer or a hotel partner brings the biggest smile on my face, our first c…

PTI   


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OYO withdraws DRHP, to refile IPO post refinancing: Sources

Oravel Stays Ltd, OYO's parent company, had in November prepaid a significant chunk of its de…

PTI   


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OYO to bring on board 300 hill station hotels by August

Hospitality and travel-tech firm OYO on Monday said it will onboard and add 300 hill station hotels…

PTI   


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Fitch Ratings revises outlook on OYO's long-term issuer ratings to 'positive' from 'stable'

Fitch Ratings on Wednesday said it has revised the outlook on Oravel Stays Ltd's (OYO) long-term fo…

PTI   


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Over 23,000 techies lose jobs in nearly 82 Indian startups to date

As layoffs continue to deepen amid recession fears, more than 23,000 employees have been laid off b…

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Post Covid travel boom helps OYO revive its IPO plans

Global hospitality services platform OYO filed an addendum to its draft red herring prospectus subm…

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OYO raised $660 million in debt funding to repay past debts

OYO has raised $660 million in debt from undisclosed institutional investors as the Gurugram-based …

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Consumers are taking more shorter trips through the year says OYO

Indian travelers have now switched to more frequent shorter domestic trips instead of planning elab…

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70-plus Indian startups show exit door to 21K techies, more pink slips coming

As global layoffs deepen, Indian startups are not far behind and have sacked thousands of employees…

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OYO’s Ritesh Agarwal took home ₹1.6 crore in FY2021 — here are the top earners in the IPO-bound company

Here are the key managerial personnel and how much they earned in FY2021, excluding stock option…

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OYO says an angry creditor has dragged the $9 billion startup to court over a ₹16 lakh dispute

However, OYO said that it has challenged the NCLT order against its subsidiary. In a statement…

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Varanasi, Tirupati, Puri are top travel destinations, as spiritual tourism gains favour -OYO

Northern India has emerged as the most favoured spiritual travel destination followed by Southern, …

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5 mins read

IPOs pick up steam in last three months of 2022 – Strong pipeline likely to propel listings in 2023

The primary markets have turned optimistic since September, compensating for a lull in initial publ…

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This is how OYO became profitable at operating level in Q1FY23, reveals Jefferies

As hospitality major OYO firms up plans for its initial public offering (IPO), financial services c…

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OYO appoints Prakash Padariya as Chief Information Security Officer

IPO-bound OYO on Thursday said it has appointed Prakash Padariya as the Chief Information Security …

PTI   


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OYO breathes easy as NCLAT orders a stay on insolvency proceedings against its subsidiary company

As OYO battled with reports of bankruptcy, which it said was inaccurate, and received an outpouring…

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Has IPO-bound OYO regained trust of its hotel partners?

The company has recently been affected by some of its hotel partners publicly complaining, filin…

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Road to IPO for OYO Rooms is clear as Delhi HC rejects Zostel's plea that restrained the IPO

Justice C. Hari Shankar dismissed the plea of Zostel, seeking an interim order to restrain or in…