Tag: Oyo IPO
Posted in Startups
Oyo IPO: Oyo may back out of IPO plan, opt for private raise
Oyo Hotels & Homes, which first filed a draft application for an initial public offer (IPO) of over $1 billion in October 2021, is finalising…
Posted in Startups
oyo debt prepay: Oyo to prepay over Rs 1,600 crore debt via buyback
November 14, 2023 Leave a Comment on oyo debt prepay: Oyo to prepay over Rs 1,600 crore debt via buyback
Global travel-tech player Oyo is set to prepay a significant chunk of its debt amounting to Rs 1,620 crore through a buyback process. The buyback…
Posted in Startups
oyo cash flow positive: Oyo tells employees it turned cash flow positive in Q4 2023
April 27, 2023 Leave a Comment on oyo cash flow positive: Oyo tells employees it turned cash flow positive in Q4 2023
In an internal employee town hall held on Thursday, Oyo conveyed to its employees that it has turned cash flow positive in the fourth quarter…
Posted in Startups
oyo ipo: SoftBank-backed Oyo to reduce planned IPO by two-thirds amid tech headwinds
March 27, 2023 Leave a Comment on oyo ipo: SoftBank-backed Oyo to reduce planned IPO by two-thirds amid tech headwinds
Oyo Hotels is reducing the shares it aims to sell via a stock-market debut by about two-thirds, an effort by its founder to get the…
Posted in Startups
Oyo earnings: Oyo tells employees it expects nearly Rs 800 crore adjusted EBITDA in FY24
March 27, 2023 Leave a Comment on Oyo earnings: Oyo tells employees it expects nearly Rs 800 crore adjusted EBITDA in FY24
Oyo founder Ritesh Agarwal told employees in an internal town hall on Monday that it expects to clock adjusted EBITDA of nearly Rs 800 crore…