Blogs / News

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

28 May, 2024,

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Fitch Ratings Upgrades OYO's Parent Company Oravel Stays, Citing Enhanced Financial Stability

Fitch Ratings announced on Monday that it has upgraded the long-term foreign and local currency issuer default ratings of Oravel Stays, the parent company of OYO, from 'B-' to 'B', with a 'Stable' out ...

21 May, 2024,

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OYO Eyes Fresh Investment at Potential $4 Billion Valuation, Founder Ritesh Agarwal Announces

In a recent townhall, OYO's Founder Ritesh Agarwal revealed that private investors have shown interest in the travel tech company, potentially raising equity at a valuation ranging between $3 billion ...

19 May, 2024,

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OYO Withdraws IPO plan, to Refile after $450 million Refinancing

Oravel Stays Ltd, the operator of the travel-tech company Oyo, is set to refile its initial public offering (IPO) documents with the Securities and Exchange Board of India (SEBI) following the refinan ...

17 Mar, 2024,

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Oyo's Accelerator Program: Fueling Growth in Hospitality with JP Morgan's Support

JP Morgan has extended a credit facility of Rs 200 crore to Oyo in support of its accelerator program within the hospitality sector, as reported by informed sources. Launched in March 2023, Oyo's acc ...

17 Mar, 2024,

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Oyo partners with OSDA, launches first Homestay at Puri

In a significant move aimed at bolstering tourism and nurturing local entrepreneurship, OYO Rooms has unveiled its inaugural Odisha Homestay in the illustrious city of Puri. Spearheaded by Tusharkanti ...

07 Mar, 2024,

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Oravel Stays Ltd, the parent Company of OYO, Ventures into Premium Hospitality with Palette Brand

Oravel Stays Ltd, the parent company of OYO, a prominent player in the hospitality industry, has revealed its ambitious plans to introduce a series of self-operated premium hotels under the Palette br ...

15 Feb, 2024,

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Oyo plans to enter into sports hospitality, shortlists 100 hotels in 12 major cities

Oyo, spearheaded by Ritesh Agarwal, has announced its expansion into the sports hospitality sector, marking a strategic departure from its traditional focus on hospitality and travel. With a deliberat ...

15 Feb, 2024,

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Oyo might withdraw IPO, may opt for private funding

Reports indicate that Oyo Hotel & Homes, founded by Ritesh Agarwal, is currently in the process of withdrawing its initial public offering (IPO) draft application from the Securities and Exchange ...

13 Feb, 2024,

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OYO wants expedite IPO, reaches out to SEBI

OYO, the renowned hospitality and travel technology giant, has embarked on a strategic journey aimed at expediting its Initial Public Offering (IPO) approval process. Recently, senior executives of th ...