OYO to File DRHP in November, Targets $7–8 Billion IPO Valuation
Tag: OYO
Oyo’s Identity Upgrade: A Luxe Makeover Before Hitting the Bourse
Oyo, the hospitality giant known for budget-friendly stays, is ready to change not just how the world books hotels but also how it sees the company itself. As part of its strategic pivot ahead of a planned IPO in the last quarter of the current fiscal year, the company is set to rename its parent […]
Oyo’s Third Time Charm: IPO Dreams Rekindled with Billion-Dollar Ambitions
In the ever-turbulent world of startups, few stories have oscillated between spectacular ambition and nail-biting suspense quite like Oyo’s. And now, the hospitality unicorn is back in the headlines, dusting off its IPO playbook for a third go—with bigger dreams and tighter suits. According to sources close to the matter, Oravel Stays, the parent company […]
Oyo To Cross Rs 2100 Crore in Q4FY25, Founder Ritesh Agarwal Assures
Oyo is likely to achieve more than 60% revenue growth during the fourth quarter of FY2025 with an aim of Rs 2100 crore, as per a statement provided by the founder Ritesh Agarwal. In a company mail to Oyo senior leaders, Agarwal emphasized that Oyo’s organic revenue growth stands at 42%, driven by hard markets […]
OYO Experiences 15% UK Revenue Growth, Diversifies Premium Hotel Portfolio
The global travel technology firm OYO has posted a 15% growth in revenues from the UK in 2024 compared to last year. Going against the industry trend, the ADR of the company increased by 2%, whereas the overall industry fell by 2.8%, as per STR. The RevPAR of OYO also increased by 4%, whereas the […]
OYO Strengthens U.S. Presence with $10M Investment, Expands G6 Hospitality Portfolio
OYO, the global hospitality giant, is making significant strides in the United States with a fresh investment of ₹86.69 crore ($10 million) aimed at strengthening its market presence. This move follows OYO’s ₹4,551 crore ($525 million) all-cash acquisition of G6 Hospitality from Blackstone, a strategic deal that has positioned the company for aggressive expansion in […]
OYO’s Profit Skyrockets 6X in Q3 – Here’s What’s Driving the Boom
OYO’s profit has skyrocketed in the third quarter of FY25, marking an impressive sixfold increase. The company reported a net profit of ₹166 crore, a significant leap from ₹25 crore in the same period last year. This remarkable growth signals that OYO is not just expanding but also becoming a highly profitable venture. The company’s […]
Pre-IPO Powerhouses: Why Tata Capital, Vikram Solar, OYO, Apollo Green, and HDB Finance Are Worth Watching
Investing in pre-IPO shares is like finding a hidden gem before it gets showcased in a glittering gallery. The thrill of getting in early, riding the growth wave, and watching your investment potentially multiply is a temptation too hard to resist. When it comes to companies like Tata Capital, Vikram Solar, OYO, Apollo Green, and […]
OYO and Nagpur Company Sign Deal to Strengthen Global Footprint
In a thrilling development for Nagpur’s tech industry, HotelKey, a homegrown startup with global acclaim, has signed a groundbreaking partnership with OYO, the hospitality giant that needs no introduction. The collaboration was announced at a prestigious event attended by Union Minister Nitin Gadkari, who enthusiastically encouraged OYO’s founder, Ritesh Agarwal, to expand operations into scenic […]