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IPO-bound Oyo eyes Rs 100 crore PAT in Q4, 20% revenue growth in FY24

Oravel Stays, the parent company behind the travel tech brand Oyo, is eyeing to clock Rs 100 crore in Q4FY24 profit after tax (PAT) and a 20 per cent revenue growth for FY24, according to informed......

Oyo's India CEO, Europe head resign ahead of IPO

IPO-bound hospitality major Oyo's India chief executive officer (CEO) Ankit Gupta and the head of its Europe business Mandar Vaidya have resigned. Photograph: Anushree Fadnavis/Reuters A company......

'We are betting big on OYO Living'

'Co-living is a phenomenon that is bound to strike the right chord with young people everywhere and India will lead the charge as the testing ground for all such ideas.' Photograph: Kind courtesy......

OYO: Rise of a little giant

SoftBank-backed OYO now 100,000 rooms brand, eyes another 100,000 by Mar 1 SoftBank-backed hospitality start-up OYO, which began its journey with a single hotel in 2013, has become a sectoral......

Insolvency proceedings against Oyo Hotels closed

The National Company Law Appellate Tribunal (NCLAT) on Wednesday closed insolvency proceedings against Oyo and one of its subsidiaries, and also disallowed the intervention of external parties......

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