Oyo Hotels
In A First, Softbank-backed OYO Turns Cash Flow-positive In Q4FY23
Banking - Published date: .
The firm expects to report adjusted Ebitda (earnings before interest, taxes, depreciation, and amortisation) of about Rs... Read more
IPO-bound OYO To Expand Its US Presence With Over 100 New Hotels This Year
Banking - Published date: .
New hotels planned in Oregon, Washington, Texas, Oklahoma, Georgia and Florida Read more
Oyo Pre-files DRHP With Sebi, Cuts Issue Size To $400-600 Million
Banking - Published date: .
The DRHP was filed under the confidential pre-filing route with a reduced issue size of $400-600 million, all of which w... Read more
Less Need For Capital Or Headwinds? OYO Plans To Cut IPO Size By Two-thirds
Banking - Published date: .
Agarwal projects 19% jump in FY23 revenue to Rs 5,700 crore Read more
SoftBank Cuts Valuation Of IPO-bound Oyo To $2.7 Billion
World - Published date: .
SoftBank Group has slashed the valuation of Oyo Hotels on its books by more than 20% as once high-flying Indian startup ... Read more
Oyo Hotels Targets $9-billion Valuation In IPO; May Get Sebi Nod Soon
Banking - Published date: .
The SoftBank Group-backed start-up is expected to get the green light to proceed with the offering this week or next aft... Read more
Oyo To Focus On 50 Million Markets Amid Covid-19 Crisis: Group CEO
Banking - Published date: .
The company, which saw its gross margins fall sharply after the outbreak of Covid-19, said its gross margins are now bac... Read more
Covid-19 Impact: Oyo Sends Letter Granting ESOPs To All Employees
Banking - Published date: .
The move comes as Oyo decided to lay off a large number of its employees in the US last week but reward them with stock ... Read more