The valuation of Oyo, once India’s second-most valuable startup at $10 billion, has dipped to $2.4 billion in a new funding round, multiple sources told TechCrunch. The Gurugram-headquartered ...

Oyo Hotels is delaying its plans for an October IPO after opposition from SoftBank Group Corp. and a tumultuous turn in the stock market this year. SoftBank has balked at the proposed timing and ...

Oyo’s significantly reduced valuation could imply a delay in IPO plans until market conditions and investor confidence improve. Hospitality company Oyo, once a beacon of India's startup ...

May 2 (Reuters) - Indian budget hotel chain Oyo is delaying its third IPO attempt amid opposition from largest shareholder SoftBank and market volatility, aiming to now list by March 2026 at a ...

Based in Gurgaon in northern India, Oravel Stays operates hotels under the OYO brand, and says that the G6 companies will remain separate. "This acquisition is a significant milestone for a ...

Motel 6, the economy budget motel that has existed for six decades, announced that it will be acquired by Oyo, an Indian-based travel company, in a multi-million dollar sale. But there is no need ...

Oyo will pay $525 million in an all-cash deal. By John Koblin Motel 6, the budget hotel chain that has lined American highways for decades, will be sold to Oyo, an India-based hotel operator ...

The budget motel chain Motel 6 is being acquired by the parent company of Oyo, a hotel operator based in India. The New York-based investment firm Blackstone, which owns Motel 6's parent company ...