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The Latest Breaking News from OYO

One of the ‘worst’ hotels in Las Vegas at center of investigations after influencers claimed deceptive listings

Booking.com and Expedia have opened probes after two hotels listed on the travel sites oddly resembled OYO Hotel

The Independent UK

OYO parent PRISM expands UK premium portfolio with 40 hotels ahead of IPO

PRISM, OYO's parent company, is expanding its premium hospitality business in the United Kingdom. Forty new hotels are being added under its Sunday Hotels and Belvilla brands. This expansion aims to strengthen PRISM's presence in key international markets. The company is repositioning legacy assets into higher-end hospitality offerings. PRISM is…

The Economic Times

IHCL, IPO-bound Prism among top 10 cos in Hurun list; OYO parent doubles valuation to Rs 67,200 cr

Prism and Indian Hotels Company are top hospitality firms on the 2026 Hurun India Real Estate list. Prism's valuation surged 107 percent, reaching Rs 67,200 crore and entering the top ten. Hospitality has evolved significantly, now being the second-largest segment by company count. Newly demerged ITC Hotels debuted with a…

The Economic Times

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From CarDekho to Zepto: India's growing startup IPO pipeline

India's startup IPO pipeline is gathering momentum with several new-age companies advancing. CarDekho and InsuranceDekho are preparing for their public market debuts soon. Zepto and Zetwerk have secured regulatory approvals for their upcoming listings. PhonePe and Oyo also remain in the IPO pipeline for future public offerings. These companies represent…

The Economic Times

Adani ducks headwinds to record a huge jump in realty fortune; at cusp of being richest in biz: Report

Last year marked a significant financial upturn for Gautam Adani's family, as their real estate holdings witnessed a remarkable increase, valuing Adani Properties at Rs 90,400 crore, up by Rs 38,000 crore. This contrast sharply with the broader real estate market, where the BSE Realty Index plummeted by 20 percent,…

The Economic Times

Zostel hits Oyo IPO filings; PhonePe’s new CTO

Zostel asked Sebi to review Oyo’s IPO filings, escalating their dispute over the Zo Rooms acquisition. This and more in today's ETtech Top 5.

The Economic Times

Inside Oyo’s FY26 profit; Gaming founders seek GST reprieve

Oyo parent Prism, which filed its updated IPO papers, reported a strong profit in the April-December period, courtesy of an unlikely source. This and more in today’s ETtech Top 5.

The Economic Times

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Oyo parent files updated DRHP for Rs 6,650 crore IPO: Key things to know

Oyo's parent company, Prism, has filed for a Rs 6,650 crore IPO, with plans for a potential pre-IPO placement. The bulk of the funds will be used to repay borrowings, with the remainder for general corporate purposes. The hospitality giant reported strong revenue growth for the nine months ending December…

The Economic Times

Oyo parent Prism files updated IPO papers for fresh issue worth Rs 6,650 crore

OYO parent Prism, formerly Oravel Stays, has filed an updated DRHP with SEBI for a Rs 6,650 crore IPO entirely through fresh issue. Proceeds will primarily repay borrowings, with remaining funds for corporate use. The company may also undertake a pre-IPO placement before listing plans progress further.

The Economic Times

S&P Global revises IPO-bound Oyo parent Prism's outlook to 'Positive'

S&P Global Ratings has declared a Positive outlook for Prism, suggesting a promising trajectory for OYO's parent company. This optimistic assessment comes with the expectation of substantial improvements in credit metrics and a flourishing IPO that will enhance Prism's financial standing.

The Economic Times

Oyo parent Prism Hotels receives Sebi nod for IPO

Prism Hotels, Oyo’s parent, received Sebi approval for a Rs 6,650 crore IPO. Targeting a $7–8 billion valuation, the firm will use funds for expansion and strengthening its balance sheet to support its ongoing push toward company profitability.

The Economic Times

Indian corporations poised to become large brand owners in US: Oyo founder Ritesh Agarwal

Indian companies are poised to become significant brand owners in the United States. This shift will enhance India's global influence beyond Bollywood and IT. Technology is a key driver for this expansion. Ritesh Agarwal, founder of Oyo-parent firm PRISM, believes India's moment has arrived. Indian brands will soon be used…

The Economic Times

Oyo readies market debut; IT's comeback rally

Oyo's IPO plans are back on track after securing the regulator's nod. This and more in today's ETtech Top 5.

The Economic Times

Oyo parent Prism gets Sebi nod for IPO; plans to raise Rs 6,650 crore: Sources

Hospitality firm Oyo's parent company, Prism, has received SEBI's approval for its IPO, aiming to raise Rs 6,650 crore. The company plans to file an updated draft prospectus within two months, marking its third attempt to go public. This comes as other new-age companies reassess their IPO plans due to…

The Economic Times

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The Economic Times

Groww investors reap bumper returns; Lightspeed’s India rethink

Happy Wednesday! Groww delivered strong gains to early investors after the IPO lock-in expired. This and more in today’s ETtech Morning Dispatch.

The Economic Times

Lightspeed eyes new India fund, plans smaller corpus of $300–350 million amid AI focus

The venture capital firm, which was initially looking to raise as much as $500 million for its fifth India fund, has now cut the target size to around $300-350 million, the people said, requesting anonymity as the discussions are private.

The Independent UK

Leaving the light on: Budget chain Motel 6 gets sold for $525 million

The budget motel chain Motel 6 is being acquired by the parent company of Oyo, a hotel operator based in India

Creative Bloq

5 times brands got International Women's Day right

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The Times of India

Oyo talking to Apollo for $660 million refinance as IPO delayed

Oyo Hotels is in talks with Apollo Global Management Inc to refinance a $660 million loan as the once-high-flying startup seeks more time to cut debt following a delay in its initial public offering, according to people with knowledge of the matter.

Daily Mirror

Woman, 22, with 'so much to live for' found dead in city centre hotel

Paige Bartram, described as a "laughing, jokey" daughter who was "renowned for her TikTok videos", was found unresponsive at the OYO hotel in Plymouth last month

The Times of India

SoftBank Group founder Masayoshi Son meets startup founders in Delhi

NEW DELHI: Billionaire investor and SoftBank Group Founder Masayoshi Son on Tuesday met founders and CEOs of some prominent startups during his day-long visit to the national capital, according to sources.

Newslaundry

TV Newsance 197: Aman & Amish’s silence on Sultanpuri, Times Now Navbharat’s Haldwani ‘jihad’

The week started on a sour note. Anjali, a 20-year-old girl, died when she was dragged for nearly 13 km after a car hit her scooty in the early hours of the New Year. And for once, top anchors, from Aaj Tak to Republic, asked tough questions of the Delhi…

The Times of India

Sebi asks Oyo to refile IPO papers

MUMBAI: Capital markets regulator Sebi has asked Oravel Stays, the parent of tech-based travel service provider Oyo, to refile its IPO papers with ‘applicable updates’. On September 30 last year, Oravel Stays had filed papers to go public through an IPO that would be worth a little over Rs 8,400…

The Times of India

IPO-bound Oyo reports Rs 63 crore profit in April-September

NEW DELHI: Travel tech firm Oyo shared its financials for the first half of FY23 with market regulator Sebi on Monday, reporting a profit of Rs 63 crore as against a loss of Rs 280 crore a year ago.

Dynamite News

OYO files addendum with SEBI for its public issue; company becomes EBITDA positive

Global hospitality services platform Oyo has filed addendum to its earlier submitted draft red herring prospectus to market regulator Securities and Exchange Board of India on Monday. Read more on Dynamite News:

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