BUSINESSSoftbank-Backed Oyo Scales Back Planned IPO Amid Tech HeadwindsNileshMarch 27, 2023March 27, 2023 by NileshMarch 27, 2023March 27, 202301639 Oyo Hotels slashed about two-thirds of the shares it planned to sell in an initial public offering, a move by its founders trying to close...
MARKETSSebi Returns to OYO’s Draft IPO Document, Asks for Certain Updates to be ResubmittedNileshJanuary 3, 2023January 3, 2023 by NileshJanuary 3, 2023January 3, 202302548 Capital markets regulator Sebi has asked Oravel Stays Ltd, the parent company of travel tech company OYO, to resubmit its draft IPO document and make...
IPOOYO Seeks to Restart IPO After Growth ResumesNileshSeptember 19, 2022 by NileshSeptember 19, 202202365 Oyo Hotels, an Indian startup, is reviving plans to go public after cost cuts and a revival in tourism helped it cut losses. The hotel...