In a notable move in India’s flexible workspace sector, Oyo-owned Innov8 has raised fresh capital at a valuation of ₹1,000 ...

Oyo-owned workspace provider Innov8 sold 3% stake in the company at a valuation of Rs 1,000 crore, people aware of the matter ...

OYO-owned Innov8 sells 3% stake for Rs 1,000 crore valuation to expand co-working business amid rising demand for flexible ...

OYO targets $6–$7B ... SoftBank holds a 40.5% stake in the company. The renewed push to list on Indian stock exchanges comes weeks after OYO’s founder Ritesh Agarwal told employees that the ...

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Zostel-OYO Failed Merger: Delhi HC ... ZO Rooms’ shareholders were supposed to receive a 7% equity stake in OYO. ... the Ritesh Agarwal-led company said that both companies mutually agreed to ...

Global travel tech platform Oyo has become the most profitable Indian startup with a profit after tax of Rs 623 crore in the 2024-25 financial year, Founder Ritesh Agarwal told employees in a townhall ...

It is pertinent to note that Agarwal earlier said that OYO’s EBITDA for FY25 would come in at INR 1,550 Cr. The latest number is nearly 26% lower from his earlier prediction. OYO expects its net ...

SoftBank, which holds a 40% stake in Oyo, has requested the company to delay its public offering until it demonstrates stronger financial performance. Meanwhile, Agarwal owns 30% of the company.

Oyo’s founder, 31-year-old Ritesh Agarwal, had been pushing for a quick IPO to meet conditions related to a restructured $2.2 billion loan he secured in 2019 to raise his stake in the company ...

Oyo Hotels has postponed its India listing plans for October. SoftBank disagreed with the IPO plan, asking for stronger earnings first. Oyo previously attempted to go public in 2021 and March 2023.

Oyo founder Ritesh Agarwal had urged for a quick IPO to meet conditions related to a restructured $2.2 billion loan he secured in 2019 for raising his stake in the company, the report said. The loan, ...