StayVista raises $5m in Series B funding round
India: Luxury villa rental startup StayVista has raised more than INR 40 Cr [400 million Indian rupees / US$5 million] in a Series B funding round.
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India
OYO purchases Bornholmske Feriehuse in Denmark
Denmark: OYO Vacation Homes has acquired Nordic-based holiday home operator Bornholmske Feriehuse through its subsidiary Danish rental brand DanCenter.
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OYO puts IPO plans on hold until at least September
India: Hospitality unicorn OYO is said to be putting its IPO plans on hold to until at least September in a bid to ride out the volatility of the pandemic-affected markets.
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OYO purchases Direct Booker in $5.5m transaction
Croatia: Indian hospitality unicorn OYO has announced the acquisition of Dubrovnik-based vacation rental franchise agency Direct Booker for $5.5 million.
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OYO rumoured to be revising 2022 IPO plans
India: SoftBank-backed lodging startup OYO is considering revising its planned initial public offering [IPO].
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Vista Rooms rebrands as StayVista
India: Delhi-based villa rental platform Vista Rooms has rebranded itself as StayVista.
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OYO targets $9bn valuation before imminent IPO
India: Hospitality chain OYO has reportedly set a target valuation of $9 billion for its upcoming initial public offering [IPO].
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SaffronStays plots rapid inventory increase in India
India: Mumbai-based vacation rental platform SaffronStays is planning to expand its Indian inventory by up to 1,250 rooms within the next two
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OYO set to file for $1.2bn IPO next week
India: SoftBank-backed hospitality startup OYO is preparing to file for its long-awaited initial public offering [IPO] as soon as next
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Microsoft confirms OYO investment to digitally transform travel industry
India: Microsoft and travel technology company OYO have announced that they have entered a multi-year strategic alliance to co-develop next-generation
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