Hospitality Major Oyo Raises USD 65 Mn for Global Expansion and Strategic Growth
Oyo plans to deploy the funds towards global expansion, including potential acquisitions, strengthening business strategies, ...
Oravel subsidiary Oyo Hotels and Homes reports decline in revenue in FY24
Oyo Hotels reported a 15% revenue decline in FY24, from ₹1,312 crore to ₹1,113 crore, but achieved a profit of ₹11.5 crore, ...
Lenskart calls on bankers for $1 billion IPO pitch
While Lenskart was profitable in the past, it incurred a loss of Rs 10 crore on the back of Rs 5,427-crore revenue in FY24, ...
Businessworld13h
Outlook 2025: Navigating Rewards And Risks Of Indian IPOs
As India moves forward in 2025, the initial public offering (IPO) market remains a focal point of significant interest for ...
Skift22d
Oyo Completes Motel 6 Acquisition. Next? 150 New Hotels by 2025 With a Focus on Direct Bookings
The acquisition aligns with Oyo's global ambitions, including recent expansions and an upcoming IPO in India. Oyo has finalized its $525 million acquisition of G6 Hospitality, which includes Motel ...
The Financial Express16d
OYO completes $525 million acquisition of G6 Hospitality from Blackstone
OYO, which has delayed its IPO plans several times in the past, has been working on its profitability. In 2023-24, it reported its first-ever profit after tax of around Rs 229 crore. In Q1FY25 ...
Unmarried Couples Can No Longer Check-In Oyo Rooms In Meerut
Travel booking major Oyo has launched a new check-in policy for partner hotels, starting from Meerut, introducing guidelines ...
Zee Business4d
Unmarried couples no longer welcome, OYO changes check-in rules
Travel booking major OYO has launched a new check-in policy for partner hotels, starting from Meerut, introducing guidelines effective this year whereby unmarried couples will no longer be welcome to ...