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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   


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3 mins read

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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2 mins read

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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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…

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4 mins read

The owner of Oberoi and Trident defers results triggering a sell-off in India's hotel stocks

However, EIH is not alone. Chalet Hotels, which runs the premier hotels – Marriot, Hyatt and Nov…

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6 mins read

Paras Defence & Space Technologies makes space cameras and it just made the best listing post-IPO this year

The initial public offering (IPO) from the Navi Mumbai-based defence equipment maker was hot right …

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3 mins read

Air conditioner brands Voltas, Blue Star, Havells rally ahead of festive season

Air conditioner (AC) manufacturers are expected to see strong demand as India nears the festive sea…

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5 mins read

ICICI Bank leaves SBI behind in credit card spends as it chases HDFC Bank in pole position

As fear of a third Covid-19 wave in India eased and festive sales began, ICICI Bank surpassed State…

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3 mins read

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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2 mins read

Mobikwik IPO is not happening this quarter

Indian payment service provider Mobikwik will not be heading for its initial public offering (IPO) …

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3 mins read

August has a long weekend and Indian consumers are packing their bags to travel to Goa and Bali

Goa is where everyone’s headed for the long weekends in August.

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3 mins read

The cost of selling its IPO has eroded nearly all of Nykaa's profit

Beauty and fashion ecommerce platform Nykaa — which wowed the Indian investors with its stellar deb…

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4 mins read

Despite majority of its revenue coming from the US, this is what compelled RateGain to be the first SaaS company to head for an IPO in India

Software-as-a-service startup (SaaS) RateGain Travel Technologies — which has less than 1% business…

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3 mins read

Soon-to-be listed Nykaa plans to expand to Middle East and the UK

Beauty and fashion ecommerce platform Nykaa — which will launch its initial public offering (IPO) l…

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2 mins read

OYO founder Ritesh Agarwal admits the share buyback in 2019 was ‘bad timing’

Agarwal in the interview also said that his current share percentage at OYO gives him a net …

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4 mins read

Mobikwik founder says they are not selling any shares in the IPO

Meanwhile, other stakeholders may choose to increase or decrease their offer for sale (OfS). “I …

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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…

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2 mins read

Top stock movers on Dalal Street today — Tata Motors, SBI Card, Bandhan Bank, RIL, Britannia

Despite the mixed cues from global markets, Indian stock market opened on a positive note on Tuesda…

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4 mins read

Indian hotel companies have shown resilience during the pandemic and now the markets are celebrating them

The stocks of India’s hotel companies have rebounded in the past few months, as several indicators …