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Grapevine: Oyo, Samara-backed Marengo eye funding; Table Space weighs IPO

General

15 October, 2024

Grapevine: Oyo, Samara-backed Marengo eye funding; Table Space weighs IPO

Oravel Stays, the parent company of SoftBank-backed Oyo, is in preliminary talks to secure $200 million (about Rs 1,680 crore) ......

Oyo slashes issue size as it refiles for IPO

Finance

03 April, 2023

Oyo slashes issue size as it refiles for IPO

Softbank-backed hotel aggregator Oyo has submitted a confidential "pre-filing" document for a likely slimmed-down initial public offering, a source told ......

Oyo reports 8x rise in EBIDTA, losses narrow ahead of IPO

TMT

27 November, 2022

Oyo reports 8x rise in EBIDTA, losses narrow ahead of IPO

IPO-bound global travel tech firm Oyo has reported an eight times rise in adjusted EBITDA at Rs 56 crore in ......

IPO-bound Oyo appoints personnel to enhance service tech, push revenues

TMT

07 October, 2022

IPO-bound Oyo appoints personnel to enhance service tech, push revenues

Hospitality and travel-tech startup Oyo, formally known as Oravel Stays Ltd, on Friday announced the appointment of Shreerang Godbole as ......

A dive into Oyo's financials

Consumer

20 September, 2022

A dive into Oyo's financials

Oyo’s parent firm, Oravel Stays Limited, which was hit hard by the pandemic as well as by hoteliers leaving the ......

Oyo updates Q1 financials with Sebi, pushes for IPO this year

Consumer

19 September, 2022

Oyo updates Q1 financials with Sebi, pushes for IPO this year

Hospitality unicorn Oyo, operated by Oravel Stays Limited, reported a loss of Rs 413.9 crore for Q1FY23, as it prepares ......

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Oyo drops offer for sale plan

TMT

23 March, 2022

Oyo drops offer for sale plan

Oravel Stays Pvt. Ltd, the operator of hospitality unicorn Oyo Hotels and Homes, plans to trim the size of its ......

Softbank Group eyes part exit as OYO files for Rs  8,430 crore IPO

TMT

01 October, 2021

Softbank Group eyes part exit as OYO files for Rs 8,430 crore IPO

Oravel Stays Pvt Ltd, which operates the hospitality unicorn Oyo Hotels and Homes, has filed for a  Rs 8,430 crore ......

IPO-bound OYO expands authorized share capital

TMT

09 September, 2021

IPO-bound OYO expands authorized share capital

Oravel Stays Pvt. Ltd, which operates the OYO Hotels and Homes business, has expanded its authorized share capital from ₹1.17 ......