Oyo Said to Expect Revenue to Increase to Over Rs. 5,700 Crore in FY23
Hospitality and travel-tech firm Oyo estimates its revenue in FY23 to be more than Rs. 5,700 crore, up 19 percent from Rs. 4,780 crore it had recorded in FY22, according…
Softbank Chief Attends Oyo Founder Ritesh Agarwal’s Wedding In Delhi
Ritesh Agarwal got married to Geetansha Sood yesterday.New Delhi: Softbank chief Masoyoshi Son was among the corporate leaders who attended Oyo founder Ritesh Agarwal’s wedding reception in Delhi yesterday. Photos…
OYO Chief Ritesh Agarwal’s Pay Rises 250% To Rs 5.6 Crore
OYO Chief Ritesh Agarwal’s pay Jumps 250% to Rs 5.6 croreRitesh Agarwal, the Founder and Chief Executive Officer of Softbank backed-OYO, earned Rs 5.6 crore in compensation in the last…
SoftBank-Backed Oyo Files Papers To Raise Rs 8,430 Crore In IPO
India, Malaysia, Indonesia and Europe account for more than 90% of the hotels listed on Oyo’s platform.Hotel-booking startup Oyo Hotels & Homes filed a draft prospectus on Thursday for Rs…
Oyo Said to File for $1.2 Billion IPO Next Week
SoftBank Group-backed Indian hospitality startup Oyo Hotels and Rooms is expected to file for an initial public offering (IPO) next week to raise around $1 billion (roughly Rs 7,380 crores),…
Oyo Gets $5 Million Investment from Microsoft Ahead of Expected IPO
Microsoft has invested $5 million (roughly Rs. 37.15 crores) in SoftBank-backed Oyo, according to a regulatory filing, ahead of the Indian hotel chain’s plan to go public.Oravel Stays Pvt Ltd…