Blogs / News

Investing in the unlisted market can offer unique opportunities for investors looking to diversify their portfolio and potentially earn significant returns.

26 Dec, 2024,

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Oyo Expands Global Reach with $525 Million Acquisition of G6 Hospitality

Hospitality giant Oyo, backed by SoftBank, has announced its acquisition of G6 Hospitality, the operator behind the popular Motel 6 and Studio 6 brands. The $525 million deal marks a significant expan...

16 Dec, 2024,

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Nuvama Wealth Acquires OYO Shares Worth Rs 100 Crore

In a significant secondary market transaction, Nuvama Wealth and Investment Limited has purchased shares worth Rs 100 crore in Oravel Stays Limited, the parent company of OYO. This acquisition, made o...

11 Dec, 2024,

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OYO to Establish Global Operations Hub in Jaipur: CEO Ritesh Agarwal

At the Rising Rajasthan Global Investment Summit 2024, Ritesh Agarwal, CEO and co-founder of OYO, announced plans to set up a global back office in Jaipur. This hub will serve as the operational backb...

07 Dec, 2024,

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Oyo Secures $825 Million Loan to Drive Motel 6 Acquisition and Global Growth

Oyo, the global hospitality company, has secured a $825 million senior secured term loan through Deutsche Bank. This funding is set to support Oyo’s $525 million acquisition of Motel 6, its larg...

07 Dec, 2024,

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Moody's Upgrades Oyo Parent's Credit Rating and Highlights Positive Outlook

Moody’s Investors Service has elevated Oravel Stays Limited's corporate family rating (CFR), the parent entity of travel tech platform Oyo, from B3 to B2. The upgrade also applies to the senior...

06 Dec, 2024,

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OYO's Rapid Growth in Company-Serviced Hotels

OYO has experienced an impressive 250% growth in its company-serviced hotel segment, just one year after its launch in September 2023. The company has successfully added 700 hotels under its direct ma...

22 Nov, 2024,

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OYO Owned Innov8 to Raise Rs 100 Crore Funding for Expansion

Innov8, a coworking brand under OYO’s portfolio, has revealed plans to secure Rs 100 crore in primary funding. The company aims to achieve this at a valuation of Rs 1,200 crore. This capital inf...

18 Nov, 2024,

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Ritesh Agarwal Strengthens Stake in Oyo with ₹550 Crore Investment

Ritesh Agarwal, the founder and CEO of Oyo, is set to bolster his ownership in the company by acquiring additional shares worth ₹550 crore. As per recent filings reviewed by Economic Times, thew purch...

24 Oct, 2024,

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OYO Launches New B2B Platform for Corporate Travel and Event Management

OYO, a leading name in the hospitality industry, has introduced a new business-to-business (B2B) solution aimed at addressing the corporate travel and event management needs of businesses across India...