IPO-related parental entity of Oyo, Oravel Stays, will now be called Prisma to serve as the umbrella entity for all its companies and various brands of the Global Travel Tech platform. In a letter to shareholders sent by Oyo, consulted by PTI, chairman of the council and founder Ritesh Agarwal, said that Oravel Stays Prism […]
Softbank-stunned OYO registered a profit after tax (PAT) of more than RS 200 Crore in quarter one of the current tax year, according to an e-mail from founder Ritesh Agarwal at the company’s management committee and its shareholders. The e -mail was seen by ET. In a separate notification to its shareholders and seen by […]
Worldwide travel technology company Oyo is planning to submit his Concept Red Herring Prospectus (DRHP) in November, with a rating of 7-8 billion with 7-8 billion for his IPO, says sources. The company is expected to approach its board with the proposal next week, people who are familiar with the case told PTI. When a […]