We are among the first Indian Startups to be publicly rated by Moody’s & Fitch and to the first to raise capital through the TLB offering TLB refers to a tranche of senior secured syndicated credit facility from global institutional investors We closed the $600 Mn capital raise on May 20th at an Initial Price ...
-Clarification on current National Company Law Appellate Tribunal (NCLAT) proceeding- NCLAT previously granted stay on the constitution of the Committee of Creditors to continue NCLAT asked the Claimant to file its response to OHHPL’s appeal. NCLAT noted OHHPL’s submissions that OHHPL was the wrong entity against whom ...
Dear OYOpreneurs, Hope you are doing well. I have enjoyed discussing various topics including technology products with you every week in our Weekly All Hands sessions. Today, I am writing to you to share important product wins, OYOpreneurs driven impact results and organization updates. I am sharing with you select ...
Shri Nitin Gadkari, Honourable Union Minister for MSME and Roads, Transport & Highways, participated in a webinar organised by Federation of Indian Chambers of Commerce & Industry (FICCI) and supported by OYO Hotels & Homes and Indian Association of Tour Operators (IATO); discussed the government's commitment to ...
Dear OYOpreneurs, Thank you for joining me in the first all-hands meeting last week. Like we discussed, 2021 will be the year of OYO’s resurgence, as we focus on building best-in-class products and experience for our guests, partners, employees and all stakeholders of the OYO ecosystem. A strong leadership has always been ...
A unique year calls for unique findings - 2020 at a glance A single user spent 50,000 seconds (13.88 hours) in total on the OYO app An OYO Hotel in Shahjahanpur and another in Chennai witnessed an average occupancy of 100% since lockdown A total of 24,07,992 sessions took place between guests and the automated bot - ...