The Covid-19 pandemic has had a severe impact on businesses worldwide, with some managing to recover while others have shut down. OYO is one such startup that is still grappling with financial challenges to keep its operations afloat smoothly...
OYO is not going public anytime soon! Oravel Stays, the parent company of OYO Hotels and Homes, has withdrawn its draft IPO prospectus filed with the Securities and Exchange Board of India (SEBI) for the second time, raising questions...
OYO, India's hospitality startup that once aimed for a grand public debut, is reportedly finalizing plans to withdraw its IPO application filed with SEBI (Securities and Exchange Board of India). This unexpected detour throws their public listing aspirations into...
The challenges for OYO, the hospitality startup unicorn of India, are far from over. As the company has started to come out from the grip of Covid-19, SoftBank Group Corp. has slashed the value of Oyo hotels on its...
The far-reaching impact of Paytm IPO debacle has started appearing as the Indian startup unicorns, who were in celebration mode after SEBI relaxed the norms for startups to go public, are now facing the brunt of the market. OYO...
OYO, the Indian startup unicorn from the hospitality industry, can make a major announcement in the next few days. Despite being hit badly due to the pandemic and grim possibility in near future, it's inches away from clinching a...
The Indian homegrown hospitality startup unicorn OYO Hotels & Homes has recently decided to cut off its underperforming assets in a bid to improve profitability.
According to multiple people familiar with the developments, the Ritesh Agarwal-headed company has let go...
Every move you make in business is quite akin to chess. If you want your devised strategy to be pulled off, you must also be prepared to lose a few pawns. Seems like OYO is thinking along the same...
If there is one sector at which the pandemic really took a swing, it is the hospitality industry. But that's not the only one that is going through the worst phase. The tourism industry has also struggled in times...
With work from home having become the new norm for most Indian startups due to mandatory social distancing during the pandemic, many people have lost their work-life balance. It tended to be fragile for many even before COVID-19 reared...
