HC Rejects Zostel’s Plea for 7% stake in OYO
The Delhi High Court has rejected Zostel’s plea for a 7 per cent stake in OYO ahead of the initial public offering (IPO). A single-judge...
Tag : OYO
OYO Appoints Former SBI Chairman Rajnish Kumar as Strategic Group Advisor
Today, OYO said it had appointed Rajnish Kumar, former Chairman of State Bank of India (SBI), as Strategic Group Advisor. He spent over 40 years...
Nykaa Values About $13 Billion on Debut
Shares of Nykaa made a blockbuster opening valuing the company at around $13 billion in the latest startup listing. Shares of FSN E-Commerce Ventures, the...
Hospitality Major OYO Increases its ESOP Pool by 41%
Hospitality major OYO has expanded its Employee Stock Option Plan (ESOP) pool by 41 per cent with another 20 crore shares. The company has added...
Byju’s to Raise $500 Million by TLB
Byju’s is in talks to raise $500 million in debt round through the TLB or Term Loan B from global investors as plans to launch...
OYO Raises $5 Million from Microsoft
OYO has raised $5 million from Microsoft as per the regulatory filing. The funding comes at a time when the company is increasing its focus...
Oyo Raises $660 Million in Debt Funding
Oyo has raised $660 million in a debt financing round from global institutional investors. The company did not reveal the names of the investors; investors...
CCI Tells MakeMyTrip to Relist Treebo, FabHotels Properties on its Platform
India’s competition watchdog has directed MakeMyTrip to allow Treebo and FabHotels to relist their properties on its platforms, granting the two budget hotel chains interim...
Slurrp Farm Raised $2 Million Funding from Fireside Ventures
Health snack maker Slurrp Farm on Wednesday said it has raised $2 million funding in Series A round from multi-stage venture fund Fireside Ventures. Kanwaljit...
OYO Targets to Recover After Covid
Hospitality unicorn Oyo targets its businesses to recover in a slow but steady manner, as demand inches back amid the ongoing pandemic.The company is planning to take...