Oyo

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TMT

29 March, 2024

India's top-funded tech startups reined in FY23 losses as revenue growth slowed

India's top-funded technology startups, which went overboard with expenses to attract talent and customers in 2021-22 thanks to record venture ......

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General

14 February, 2024

Grapevine: Carlyle mulls exit from Airtel data centre unit; Oyo may shelve IPO

Private equity firm Carlyle is looking to divest its entire 24% stake in Nxtra Data Ltd, the data centre unit ......

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General

06 October, 2023

Grapevine: Oyo in talks with Apollo Global to refinance loan; Dream11 buys Sixer

Hospitality firm Oyo Hotels and Rooms, operated by Oravel Stays Pvt Ltd, is in discussions with a US-based alternative asset manager to refinance a $660-million loan, a ......

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TMT

05 October, 2023

SoftBank-backed Oyo may get two new investors as IPO wait stretches

Global private equity firms General Atlantic and Norwest Venture Partners are in talks to pick a secondary stake in Oravel ......

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Finance

03 October, 2023

DSG Consumer Partners wraps up fundraising for fourth VC vehicle, meets target

India-focused venture capital firm DSG Consumer Partners has marked the final close of its fourth consumer-oriented fund, a top executive ......

People

06 September, 2023

Two senior executives check out of IPO-bound Oyo

SoftBank-backed hospitality company Oyo saw two key resignations earlier this year in March 2023, at a time when the company ......

Finance

04 April, 2023

Upstox backer BlackSoil snags $25 mn in fresh round

Alternative credit platform BlackSoil Capital has raised $25 million (around Rs 205 crore) via bank debt, non-convertible debentures, AIF commitments ......

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TMT

04 April, 2023

Check out India's top cash-guzzling startups

India’s top technology startups spent billions of dollars raised from alternative investment firms in the year through March 2022 in ......

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 ......

Finance

18 January, 2023

Oyo to refile draft papers for IPO with Sebi by Feb

Hospitality unicorn Oyo on Wednesday said it would refile its draft initial public offering (IPO) documents by mid-February after the ......