Oyo Hotels

Global travel tech company OYO on Sunday informed that its adjusted Ebitda grew eight times to Rs 56 crore in Q2, against Rs 7 crore in Q1. It was mainly driven by a 23 per cent quarterly rise in gross booking value per hotel during Q2 to…

The National Company Law Appellate Tribunal (NCLAT) has admitted Oyo's appeal against the CCI order that imposed a Rs 169 crore penalty against the company. The appeal has been admitted subject to a 10% deposit of the penalty amount within…

Sensing growing demand for leisure travel, Oyo is planning to add around 400 properties in the leisure segment by the end of this calender year, people familiar with the matter said. The company has added around 600 properties in leisure…

Valuation of IPO-bound OYO in the private market has dipped to around USD 6.5 billion following reports of a markdown of valuation of the hospitality and travel-tech firm by SoftBank in its private books, according to industry players.In…

SoftBank, the largest investor in Oyo Hotels & Homes, has cut its internal valuation of the hospitality startup to $2.7 billion at a time when Oyo has filed fresh documents with the market regulator for its proposed initial public…

Japanese investor SoftBank Group has reduced the valuation of OYO Hotels on its books by over 20 per cent as the Indian startup prepares for an initial public offering (IPO). The investor has cut its valuation from $3.4 billion to $2.7…

Travel and hospitality technology platform, OYO on Friday announced up to 60% reduction in charges for a limited period for small businesses on their stay in its member hotels. The scheme, available for small and medium scale businesses, is…

New Delhi: Travel and hospitality technology platform OYO on Thursday said it received over 3.1 lakh bookings for the last festive weekend from April 8-10, making it the highest so far in 2022 with travel optimism reaching its peak in the…

As new-age companies feel the pressure of broader market rout, online pharmacy PharmEasy may have to readjust its valuation it was aiming for through a public offering, according to industry sources. In what could be an indication of the…

A boom in technology initial public offerings in India risks grinding to a halt after several of the country’s highest-profile startups tanked soon after listing.A raft of prominent tech startups, including Oyo Hotels and logistics…