Private EquityScreenerRefer

MARKET INSIGHTS

  • EventsNEWPrivate market milestones
  • NewsPrecize daily pulse
  • BlogsIn-depth articles and opinions

GUIDES

Explore Now
  • Unlisted SharesStep-by-step · KYC
  • BuyingStep-by-step · KYC
  • SellingExit in 24 - 48 hours
  • Pre-IPOReturns · risks · case studies
  • Tax GuideBudget 2026 changes
  1. Home
  2. Unlisted share news
  3. Oyo parent in talks to raise $200 mn at a valuation of $4.5-5 bn

Oyo parent in talks to raise $200 mn at a valuation of $4.5-5 bn

15 Oct 2024

Add as preferred source
Key Takeaways

OYO is pursuing $200 million in funding to support its acquisition of G6 Hospitality.

OYO is pursuing $200 million in funding to support its acquisition of G6 Hospitality.

oyo unlisted shares

Oravel Stays (OYO Rooms)

DRHP filed4.44%

Expert Analysis

OYO Parent Seeks $200 Million Funding at $4.5-$5 Billion Valuation.

Expert Analysis:

  • Funding Initiatives: OYO, has begun talks to raise $200 million in a primary funding round.

  • Valuation Target: The company is targeting a valuation between $4.5 billion and $5 billion, significantly higher than its last valuation of $2.4 billion. 

  • Acquisition Plans: This funding aims to support the acquisition of G6 Hospitality, the owner of the Motel 6 budget hotel chain.

  • Investor Engagement: OYO is negotiating with offshore institutional investors and private Indian investors, including InCred Wealth, J&A Partners, the Mankind Pharma family office, and ASK Financial Holdings, which valued OYO at $2.4 billion.

  • Recent Fundraising: In August, OYO raised Rs 1,457 crore from a group of investors, and it had previously raised nearly Rs 1,040 crore in a Series G funding round, along with Rs 416.85 crore in the same series.

  • Profit Achievement: OYO achieved its first-ever profit after tax (PAT) of Rs 229 crore for FY24, a significant turnaround from the Rs 1,286 crore loss reported the previous year.

Publisher:money control