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OYO

Hospitality TechnologyGurugram, Haryana, India

OYO is a Gurugram-based global hospitality technology platform operated by parent company Prism (formerly Oravel Stays, renamed September 2025). It spans 43 brands across 35+ countries — including Motel 6 and Studio 6 in the US via its 2024 G6 Hospitality acquisition — with 24,300+ hotels and 124,600+ homes on the network. International operations now contribute over 84% of revenue.

1StartupFox story
2012Founded
Hospitality TechnologySector
Jun 2026Latest coverage

Financials

Revenue and profit after tax as filed with the Registrar of Companies.

FY25Revenuefiled
₹6,259 Cr
PAT₹245 Cr profit
EBITDA
Growth+16% YoY
Basisconsolidated
Per UDRHP (restated); earlier unaudited company statements had claimed ~₹617 Cr PAT
Tap any bar to see that year
₹ figures as filed, not restated

Leadership

RARitesh AgarwalFounder · Group CEO

The OYO journey

2012 · founded
Founded in Gurugram by Ritesh Agarwal.
2024 · acquisition
Acquires G6 Hospitality (Motel 6, Studio 6) — the US business drives 9M FY26 GBV of ₹12,022 Cr and becomes the group's largest growth engine. ↗
Jun 2026 · milestone
SEBI approves the ₹6,650 Cr all-fresh-issue IPO; S&P revises outlook to Positive citing stronger profitability. ↗
IPO Watchconfirmed
StatusUDRHP filed; SEBI-approved ₹6,650 Cr IPO
ExpectedListing expected FY27 window
₹6,650 Cr IPO — 100% fresh issue, no OFS; SEBI approval Jun 2026, UDRHP filed with 9M FY26 revenue ₹6,941 Cr and PAT ₹748 Cr (EBITDA ₹2,127 Cr). ~75% of proceeds earmarked for debt reduction; target valuation $7–8B. SoftBank holds 40.04%, Ritesh Agarwal 26.71%. Bookrunners: Axis Capital, Goldman Sac Source ↗

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Latest on OYO

Lite Updates
OYO Parent Prism Secures SEBI Approval for ₹6,650 Crore IPO with Fresh Equity Issue
3 JUN 2026 · 3 MIN READ

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Frequently Asked

What is OYO?

OYO is a Gurugram-based global hospitality technology platform operated by parent company Prism (formerly Oravel Stays, renamed September 2025). It spans 43 brands across 35+ countries — including Motel 6 and Studio 6 in the US via its 2024 G6 Hospitality acquisition — with 24,300+ hotels and 124,600+ homes on the network. International operations now contribute over 84% of revenue.

Who founded OYO?

OYO is associated with Ritesh Agarwal.

Is OYO profitable?

Per its FY25 consolidated filing, OYO reported ₹6,259 Cr in revenue, with a ₹245 Cr profit.

What is the status of the OYO IPO?

UDRHP filed; SEBI-approved ₹6,650 Cr IPO.

What is the latest news on OYO?

The most recent StartupFox coverage is “OYO Parent Prism Secures SEBI Approval for ₹6,650 Crore IPO with Fresh Equity Issue” (3 June 2026). All stories are listed on this page.