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1 min read
Founder Ritesh Agarwal invests Rs 830 crore in OYO's latest funding round; Platform raises Rs 1,457 crore
Post the equity dilution in the Series G funding, Agarwal's holdings will increase from 29.97 per…
PTI
2 mins read
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
1 min read
Lost in valuation:Global investors don't value these Indian startups as highly as they did
Lost in valuation:Global investors don't value these Indian startups as highly as they did
2 mins read
OYO’s valuation nears $10 billion with Microsoft’s $5 million investment
Global tech giant Microsoft has invested $5 million in hotel and hospitality business OYO, reported…
3 mins read
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…
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…
3 mins read
OYO, Byju's investor Lightspeed India closes its third fund with $275 million
Lightspeed’s biggest bets in India “More than 80% of its investments have been comm…
1 min read
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…
1 min read
OYO’s Ritesh Agarwal joins the long list of founders who have turned investors
The fund is headed by Gaurav Gulati, the former Chief Operating Officer of Innov8, which was acq…
2 mins read
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 …
PTI
3 mins read
OYO may file for a $1 billion IPO next week
Business Insider has reached out to OYO, seeking comments on the same. According to media r…
3 mins read
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…
2 mins read
IPO-bound OYO increases authorised share capital to ₹901 crore
The development comes ahead of proposed initial public offering (IPO) by OYO, for which a draf…
PTI
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…
2 mins read
OYO takes first step towards a $1.2 billion IPO, reportedly appoints 3 investment banks
The development was reported by Moneycontrol citing industry sources, who also highlighted that …
2 mins read
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 …
2 mins read
Foreign investors pour over Rs 12,000 cr in Indian equity in last 10 days
Foreign Institutional Investors (FII) have invested Rs 12,190 crore in last 10 days in the Indian e…
2 mins read
The founders of OYO and Zomato pump in money to make edtech startup Unacademy worth $3.4 billion — a ten fold jump in 18 months
The six-year old startup founded by Gaurav Munjal, Hemesh Singh and Roman Saini, Unacademy…
1 min read
Yahoo and eBay investor Betsy Atkins joining OYO’s board is a sign of the company’s IPO plans
OYO announced the appointment of Betsy Atkins as independent director into its board. Atkins is the…
1 min read
The investor who backed Swiggy, Byjus, Oyo is doubling down on a popular bike-sharing startup
Innoven Capital has invested for the third time within 18 months in the popular bike sharing sta…