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OYO in talks with Apollo to refinance $660m loan before IPO
Reading Time: 2 minutesIndia: Indian hospitality unicorn OYO is in talks with private equity firm Apollo Global Management to refinance a $660 million loan as the chain aims to reduce its debt in preparation for its initial public offering [IPO].
Indian OTA Yatra set for imminent IPO
Reading Time: 2 minutesIndia: Indian online travel agency Yatra Online Limited is set to launch its initial public offering on 15 September, ahead of what is expected to be a busy period for IPOs in the country.
Senior departures at OYO ahead of IPO
Reading Time: < 1 minuteIndia: Two senior figures at Indian hospitality unicorn Oyo have left the company before its proposed November IPO.
OYO “pre-files” confidentially for long-awaited IPO
Reading Time: 2 minutesIndia: Softbank-backed hospitality chain OYO is said to have confidentially submitted a “pre-filing” document for its long-anticipated initial public offering [IPO].
OYO undergoes senior management reshuffle ahead of IPO
Reading Time: 2 minutesIndia: Hospitality chain OYO has undergone a major overhaul of its senior management team led by founder and CEO, Ritesh Agarwal, ahead of the company’s proposed IPO.
OYO sets mid-February refiling deadline to pursue IPO completion
Reading Time: 2 minutesIndia: 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].
Isprava Group raises $19m from Symphony International
Reading Time: < 1 minuteIndia: Luxury home developer Isprava Group has raised more than $19 million from investment firm Symphony International Holdings Ltd.
OYO IPO set for further delay in 2023
Reading Time: 2 minutesIndia: 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.
StayVista raises $5m in Series B funding round
Reading Time: 2 minutesIndia: 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.
OYO purchases Bornholmske Feriehuse in Denmark
Reading Time: 3 minutesDenmark: OYO Vacation Homes has acquired Nordic-based holiday home operator Bornholmske Feriehuse through its subsidiary Danish rental brand DanCenter.