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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 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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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…

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OYO's Singapore arm secures $200 million loan from SoftBank

Hospitality major OYO Hotels & Homes' Singaporean subsidiary has received a term loan from SoftBank.

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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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OYO to roll out comprehensive ethical hacking and bug bounty programs

OYO Hotels & Homes, the world's leading hospitality chain, today announced that it will contin…

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OYO IPO now faces a hurdle from a hotels lobby with 55,000 members, aside from Zostel

The Federation of Hotel and Restaurants of India (FHRAI) — which claims to have over 55,000 hotels …

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OYO writes to SEBI, denying all allegations raised by Zostel

OYO's parent firm Oravel Stays has refuted all 'allegations' made by Zostel Hospitality, which had …

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It's not just Zostel, OYO has 20 other lawsuits to fight

OYO — in its DRHP for the $1.2 billion IPO — had noted that the number of legal disputes, lawsuits …

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OYO blames Zo Rooms for ‘forum hunting’ after Zostel’s latest plea to stop its IPO

Update: The article has been updated to include the Delhi high court's verdict issued on September …

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Ritesh Agarwal-led OYO files preliminary papers for its $1.2 billion IPO

According to documents seen by Business Insider, the Gurugram-based startup aims to raise ₹7,000…

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6 mins read

India's largest two-wheeler maker, biggest beer brewer and aluminum producer are smaller than startups like Byju's, Paytm, and OYO

Byju’s, Paytm, OYO and Ola are currently valued higher than Ashok Leyland, Indian Hotels and Escort…

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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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OYO is looking to hire over 300 engineers in the next 6 months to clear ‘path to profitability’

OYO claims to be headed for the “path to profitability” by doubling down on its tech and product te…

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OYO joins the string of startups that are permanently leaving office spaces to reduce real estate costs

Indian hospitality unicorn OYO has just announced that it is permanently shifting to a hybrid workp…

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Oyo’s co-living venture wants to expand twice over in two months

OYO Life has set ambitious target of adding more than twice its beds by the end of the year. It mea…

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The founder of OYO, the Indian unicorn, is so confident that he will buy back $1.5 billion shares

In an email response, an OYO spokesperson said, “As a company policy, we don’t comment on specul…

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OYO enters the student housing segment, partners with IIT Delhi and Plaksha University

“The demand for fully furnished, fully maintained, internet-ready accommodations and innovative …

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Oyo's new SOS button promises to make Indian hotels safer

The hospitality chain has also trained a 24x7 OYO Safety Response Team (SRT) which will be able …