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OYO turns cash flow positive for first time in Q4 FY23

Team YS ( ) Hospitality tech firm Oyo turned cash flow positive for the first time in Q4 of FY23. Founder and...

Oyo parent company pre-files DRHP, slashes IPO to $400M-$600M: Report

Sayan Sen ( ) Oravel Stays, which operates the budget hospitality chain Oyo, has reportedly submitted its draft red herring prospectus (DRHP)...

SEBI adopts stricter approval process in IPO clearance, returns DRHP of OYO, 6 other companies

Palak Agarwal ( ) The Securities and Exchange Board of India (SEBI) has returned the preliminary papers of six companies, including Oravel...