OYO Projects EBITDA to Surpass Rs 2,000 Cr in FY26 with Motel 6 Acquisition
OYO, the travel tech platform, is expected to post a leap in EBITDA of over Rs 2,000 crore by 2025-26, primarily due to its acquisition...
Tag : Oyo Hotels
OYO’s Weddingz.in Partners with Lemon Tree Hotels
OYO-owned Weddingz.in has partnered with Lemon Tree Hotels to increase both businesses’ revenue, demand, and sales. The tie-up will focus on boosting the fill rate...
Softbank-Backed Oyo Scales Back Planned IPO Amid Tech Headwinds
Oyo Hotels slashed about two-thirds of the shares it planned to sell in an initial public offering, a move by its founders trying to close...
OYO Seeks to Restart IPO After Growth Resumes
Oyo Hotels, an Indian startup, is reviving plans to go public after cost cuts and a revival in tourism helped it cut losses. The hotel...
SoftBank Pulls Out of Latin America Partnership with OYO
The Latin American unit of Indian hotel startup OYO Corp. has ended its joint venture with the SoftBank Latin America Fund, less than six months after they...
OYO Has $1 Bn Fund for Operations Until IPO: CEO Ritesh Agarwal
Ritesh Agarwal, Founder, and CEO, Oyo Hotels told employees that Oyo is recovering from the coronavirus fallout level and has around $1 billion for funding operations until...