India Budget Hotel Platform OYO Parent Prism Receives Shareholders Approval for IPO to Raise $742 Million, Raised $175 Million in Series G Funding at $2.38 Billion Valuation in 2024 August, Founded in 2012 by Ritesh Agarwal as Oravel Stays & Renamed to OYO in 2013

Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets? Caproasia - Learn more

Caproasia Access | Events | Summits | Register Events | The Financial Centre
The 2026 Investment Day | 2026 Family Office Summits | Family Office Circle

This site is for accredited investors, professional investors, investment managers and financial professionals only. You should have assets around $3 million to $300 million or managing $20 million to $30 billion.

---

India Budget Hotel Platform OYO Parent Prism Receives Shareholders Approval for IPO to Raise $742 Million, Raised $175 Million in Series G Funding at $2.38 Billion Valuation in 2024 August, Founded in 2012 by Ritesh Agarwal as Oravel Stays & Renamed to OYO in 2013

24th December | Hong Kong 

India budget hotel platform OYO parent Prism has received shareholders approval for IPO, having raised $175 million in Series G funding at $2.38 billion valuation in 2024 August.  In 2024 July, OYO raised $50 million from India InCred Wealth at $2.3 billion valuation.  In 2024 May, OYO withdrew its India IPO application from Securities and Exchange Board of India (SEBI) and plans to refile after refinancing OYO $450 million loan.  OYO has also been reported to be raising funds at $2.5 billion valuation (Previous highest valuation at $10 billion).  OYO (Oravel Stays) was founded in 2012 by Ritesh Agarwal, and renamed as OYO in 2013.  OYO is a global platform that empowers entrepreneurs and small businesses with hotels and homes by providing full-stack technology that increases revenue and eases operations; bringing easy-to-book, affordable, and trusted accommodation to customers around the world. OYO offers 40+ integrated products and solutions to patrons who operate over 157,000 hotel and home storefronts across India, Europe, and Southeast Asia and 35 countries.

“ India Budget Hotel Platform OYO Parent Prism Receives Shareholders Approval for IPO to Raise $742 Million, Raised $175 Million in Series G Funding at $2.38 Billion Valuation in 2024 August, Founded in 2012 by Ritesh Agarwal as Oravel Stays & Renamed to OYO in 2013 “

- Article continues below -

Quick Links, Ads & Announcements
Caproasia Access | Events | Summits | Register Events | The Financial Centre
The 2026 Investment Day | 2026 Family Office Summits | Family Office Circle

Intelligence at your fingertips
Get Started ($29 per year) : Click here
Caproasia Subscription ($680 yearly | $70 monthly): Click here

The 2026 Investment Day
Hong Kong | Singapore
March / July / Sept / Oct / Nov
Private Equity, Hedge Funds, Boutique Funds, Private Markets & more. Join 20+ CIOs & Senior investment team, with > 60% single family offices with $300 million AUM. Taking place in Hong Kong and in Singapore. Every March, April, July, Sept, Oct & Nov.
Visit | Register here

The 2026 Family Office Summit
9th / 16th April & 15th Oct Hong Kong Ritz Carlton | 23rd / 30th April & 5th Nov Singapore Amara Sanctuary Resort
Join 60 single family offices & family office professionals in Hong Kong & Singapore
Links: 2026 Family Office Summit | Register here

2026 Investment / Alternatives Summit
March / Oct / Nov in Hong Kong & Singapore
Join leading asset managers, hedge funds, boutique funds, private equity, venture capital & real estate firms in Hong Kong, Singapore & Asia-Pacific at the Investment / Alternatives Summit. Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here

2026 Private Wealth Summit
April / Oct / Nov in Hong Kong & Singapore
Join CEOs, CIOs, Head of Private Banking, Head of Family Offices & Product Heads at The Private Wealth Summit.  Join as delegate, speaker, presenter, partner & sponsor.
Visit | Register here

India Budget Hotel Platform OYO Parent Prism Receives Shareholders Approval for IPO to Raise $742 Million, Raised $175 Million in Series G Funding at $2.38 Billion Valuation in 2024 August, Founded in 2012 by Ritesh Agarwal as Oravel Stays & Renamed to OYO in 2013

10th July 2024 – India budget hotel platform OYO has raised $50 million from India InCred Wealth at $2.3 billion valuation.  In 2024 May, OYO withdrew its India IPO application from Securities and Exchange Board of India (SEBI) and plans to refile after refinancing OYO $450 million loan.  OYO has also been reported to be raising funds at $2.5 billion valuation (Previous highest valuation at $10 billion).  OYO (Oravel Stays) was founded in 2012 by Ritesh Agarwal, and renamed as OYO in 2013.  OYO is a global platform that empowers entrepreneurs and small businesses with hotels and homes by providing full-stack technology that increases revenue and eases operations; bringing easy-to-book, affordable, and trusted accommodation to customers around the world. OYO offers 40+ integrated products and solutions to patrons who operate over 157,000 hotel and home storefronts across India, Europe, and Southeast Asia and 35 countries.

India Budget Hotel Platform OYO Withdraws India IPO & Plans to Refile after Refinancing $450 Million Loan, To Raise Funds at $2.5 Billion Valuation with Previous Highest Valuation at $10 Billion

29th May 2024 – India budget hotel platform OYO has withdrew its India IPO from Securities and Exchange Board of India (SEBI) and plans to refile after refinancing OYO $450 million loan.  OYO has also been reported to be raising funds at $2.5 billion valuation (Previous highest valuation at $10 billion).  OYO (Oravel Stays) is founded in 2012 by Ritesh Agarwal, and renamed as OYO in 2013.  OYO is a global platform that empowers entrepreneurs and small businesses with hotels and homes by providing full-stack technology that increases revenue and eases operations; bringing easy-to-book, affordable, and trusted accommodation to customers around the world. OYO offers 40+ integrated products and solutions to patrons who operate over 157,000 hotel and home storefronts across India, Europe, and Southeast Asia and 35 countries.

Managing $20 million to $3 billion. Investing $3 million to $300 million.
For Investment Managers, Hedge Funds, Boutique Funds, Private Equity, Venture Capital, Professional Investors, Family Offices, Private Bankers & Advisors, sign up today. Subscribe to Caproasia and receive the latest news, data, insights & reports, events & programs daily at 2 pm.

Join Events & Find Services
Join Investments, Private Wealth, Family Office events in Hong Kong, Singapore, Asia-wide. Find hard-to-find $3 million to $300 million financial & investment services at The Financial Centre | TFC. Find financial, investment, private wealth, family office, real estate, luxury investments, citizenship, law firms & more.  List hard-to-find financial & private wealth services.

Have a product launch? Promote a product or service? List your service at The Financial Centre | TFC. Join interviews & editorial and be featured on Caproasia.com or join Investments, Private Wealth, Family Office events. Contact us at [email protected] or [email protected]

Caproasia.com | The leading source of data, research, information & resource for financial professionals, investment managers, professional investors, family offices & advisors to institutions, billionaires, UHNWs & HNWs. Covering capital markets, investments and private wealth in Asia. How do you invest $3 million to $300 million? How do you manage $20 million to $3 billion of assets?

Quick Links

Caproasia Access | Events | Summits | Register Events | The Financial Centre
The 2026 Investment Day | 2026 Family Office Summits | Family Office Circle

Web links may be disabled on mobile for security.
Please click on desktop.

---

New to Caproasia
Learn More | Sign Up | Subscribe | Register Events

Caproasia Users

• Manage $20 million to $30 billion of assets
• Invest $3 million to $300 million
• Advise institutions, billionaires, UHNWs & HNWs

Caproasia Platforms | 11,000 Investors & Advisors

• Caproasia.com
• Caproasia Access
• Caproasia Events
• The Financial Centre | Find Services
• Membership
• Family Office Circle
• Professional Investor Circle
• Investor Relations Network

Monthly Roundtable & Networking

• Professional Investor
• Family Office
• HNW Partnership

Family Office Programs

• Family Office Circle
• Family Office Networking
• Family Office Roundtable
• The Family Office Summit

The 2026 Investment Day

• March - Hong Kong
• March - Singapore
• April - Hong Kong
• April - Singapore
• July - Hong Kong
• July - Singapore
• Sept- Hong Kong
• Sept - Singapore
• Oct- Hong Kong
• Nov - Singapore
• Visit: The Investment Day | Register: Click here

Caproasia Summits

• The Institutional Investor Summit
• The Investment / Alternatives Summit
• The Private Wealth Summit
• The Family Office Summit
• The CEO & Entrepreneur Summit
• The Capital Markets Summit
• The ESG / Sustainable Investment Summit

Contact Us

For Enquiries, Membership
[email protected], [email protected]

For Listing, Subscription
[email protected], [email protected]

For Press Release, send to:
[email protected]

For Events & Webinars
[email protected]

For Media Kit, Advertising, Sponsorships, Partnerships
[email protected]

For Research, Data, Surveys, Reports
[email protected]

For General Enquiries
[email protected]

---

Caproasia | Driving the future of Asia
a financial information technology co.
since 2014

---