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India

OYO
Legislation News 

OYO sets mid-February refiling deadline to pursue IPO completion

26th January 2023 Paul Stevens draft red herring prospectus, India, IPO, Oyo, Sebi

India: Hospitality chain OYO is planning to refile its draft red herring with the Securities Exchange Board of India [Sebi] by mid-February, as it continues to plot the path ahead for its planned initial public offering [IPO].

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Isprava
Investment News 

Isprava Group raises $19m from Symphony International

24th January 202323rd January 2023 Isha Borkar Asia, Banglore, India, investment, Isprava Group, Lohono Stays, Symphony International

India: Luxury home developer Isprava Group has raised more than $19 million from investment firm Symphony International Holdings Ltd. 

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OYO
Investment News 

OYO IPO set for further delay in 2023

3rd January 2023 Paul Stevens India, IPO, Oyo, Ritesh Agarwal, Sebi

India: The proposed initial public offering [IPO] for Indian hospitality chain OYO is set to be delayed once again after the national capital markets regulator asked its parent company to refile its draft IPO papers with certain updates.

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StayVista
Investment News 

StayVista raises $5m in Series B funding round

7th September 20227th September 2022 Paul Stevens Amit Damani, Ankita Sheth, DSG Consumer Partners, Hari Premkumar, India, Pranav Maheshwari, StayVista

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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OYO
Guest and property management News 

OYO purchases Bornholmske Feriehuse in Denmark

9th August 2022 Paul Stevens Anne Hougaard Jensen, Bornholmske Feriehuse, Denmark, H.E. Freddy Svane, India, Invest in Denmark, Oyo, OYO Vacation Homes, Rasmus Land, Ritesh Agarwal

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
Investment News 

OYO puts IPO plans on hold until at least September

26th May 2022 Paul Stevens Ashutosh Sharma, India, IPO, Oyo, Ritesh Agarwal

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
Guest and property management Investment News 

OYO purchases Direct Booker in $5.5m transaction

9th May 2022 Paul Stevens Ankit Tandon, Croatia, Direct Booker, Dr Mandar Vaidya, India, Nikola Dubretic, Nino Dubretic, Oyo

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
Investment News 

OYO rumoured to be revising 2022 IPO plans

21st March 202220th March 2022 Paul Stevens Ankit Gupta, Ankit Tandon, Dr Mandar Vaidya, India, IPO, Oyo, Rohit Kapoor, SoftBank

India: SoftBank-backed lodging startup OYO is considering revising its planned initial public offering [IPO].

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StayVista
Marketing and distribution News 

Vista Rooms rebrands as StayVista

17th March 202217th March 2022 Paul Stevens Amit Damani, Ankita Sheth, India, Pranav Maheshwari, StayVista, villas, Vista Rooms

India: Delhi-based villa rental platform Vista Rooms has rebranded itself as StayVista.

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OYO
Investment News 

OYO targets $9bn valuation before imminent IPO

18th January 2022 Paul Stevens India, IPO, Oyo, Ritesh Agarwal, SoftBank

India: Hospitality chain OYO has reportedly set a target valuation of $9 billion for its upcoming initial public offering [IPO].

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