In 2019, OYO, one of the most valued start-ups in India, had a valuation of $10 billion. It is backed by the likes of Lightspeed Ventures, Sequoia India, Airbnb, Didi Chuxing, and more.
In 2019, OYO, one of the most valued start-ups in India, had a valuation of $10 billion. It is backed by the likes of Lightspeed Ventures, Sequoia India, Airbnb, Didi Chuxing, and more.
Oyo’s parent company, Oravel Stays Private Limited, submitted fresh documents to SEBI revealing that while its storefronts are key revenue drivers, employee benefits and marketing expenses are its major expenses.
Recently, the Delhi High Court Delhi HC in Zostel Hospitality Private Ltd. v. Oravel Stays Private Ltd & Anr held that a right to specific performance of the underlying agreement in an arbitral award does not imply that specific performance is itself granted.