Blogs / News

Investing in the unlisted market can offer unique opportunities for investors looking to diversify their portfolio and potentially earn significant returns.

18 Nov, 2024,

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Ritesh Agarwal Strengthens Stake in Oyo with ₹550 Crore Investment

Ritesh Agarwal, the founder and CEO of Oyo, is set to bolster his ownership in the company by acquiring additional shares worth ₹550 crore. As per recent filings reviewed by Economic Times, thew pur ...

24 Oct, 2024,

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OYO Launches New B2B Platform for Corporate Travel and Event Management

OYO, a leading name in the hospitality industry, has introduced a new business-to-business (B2B) solution aimed at addressing the corporate travel and event management needs of businesses across India ...

15 Oct, 2024,

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OYO Unlisted Share Aiming To Raise $200 Million at $4.5-5 Billion

Oravel Stays, the parent company of travel tech giant OYO, is reportedly in discussions to secure $200 million through a primary funding round. This move is strategically aimed at financing its potent ...

23 Sep, 2024,

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OYO Expands in the US with Acquisition of Motel 6 and Studio 6 for $525 Million

OYO, the Indian travel tech company preparing for an IPO, announced on Saturday its acquisition of the popular American budget hotel chains Motel 6 and Studio 6. The deal, valued at $525 million in an ...

11 Sep, 2024,

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OYO’s Financial Turnaround in FY24: A Shift to Profitability

OYO, the Indian hospitality giant preparing for an IPO, turned profitable in the financial year 2023-24 (FY24) by streamlining its operations and cutting costs. The company posted a net profit of INR ...

03 Sep, 2024,

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OYO and M3M India to Launch 'SUNDAY' Hotel in Gurugram

M3M India, a leading real estate firm, has entered into a collaboration with Oravel Stays, the parent company of OYO Hotels & Homes, to introduce a luxury hotel under the 'SUNDAY' brand in Gurugra ...

29 Aug, 2024,

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Sumer Juneja Joins Oyo's Board as Non-Executive Director

Oyo has officially named Sumer Juneja as a non-executive director on its board. This follows his recent appointment as an additional director representing SoftBank, marking a significant addition to t ...

22 Aug, 2024,

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OYO Collaborates with India Khelo Football to Support Grassroots Football in India

OYO has entered a strategic partnership with India Khelo Football (IKF), an organization focused on promoting grassroots football across India. Through this collaboration, OYO will provide accommodati ...

12 Aug, 2024,

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OYO Secures ₹1,457 Crore Investment, with Ritesh Agarwal Contributing ₹830 Crore Through Singapore-Based Entity

Ritesh Agarwal, the founder of OYO, has invested ₹830 crore in the company through his Singapore-based entity, Patient Capital, as part of the latest funding round. This investment is part of OYO's ...