Deal Description

We are looking for the people to invest in the shares of Oyo Rooms. OYO is a global platform that empowers entrepreneurs and small businesses with hotels and homes by providing full-stack technology that increases earnings and eases operations; bringing affordable and trusted accommodation that guests can book instantly. As of today, Oyo grew total properties to 43,000+ hotels and offered customers access to over 50,000 vacation homes. Across locations, Oyo were able to deliver value to our asset partners by significantly improving Occupancy and RevPar of their properties. In November 2019, OYO introduced OYO Club Red, the partner loyalty program, in order to make partnering with OYO an even more attractive proposition for their asset partners and continuously encourage them to offer the best hospitality experience to guests. OYO consolidated revenue for FY19 stood at USD 951 million, which is 4.5X YoY growth over FY18. The fiscal year also marked their transition from an India-centric business to a global organization. Nearly 36.5% or USD 348 million of the fiscal revenues were from outside India. A year ago, this was a small part of their overall business. India contributed nearly 63.5% or USD 604 million of revenues and OYO recorded 2.9X YoY growth in the market. Some investors in OYO are Microsoft, SoftBank, Oravel, etc. Below link suggests that Oyo is heading to become public company. https://www.business-standard.com/article/markets/ipo-bound-oyo-to-become-public-limited-company-check-details-here-121091500058_1.html People investing in pre-ipo space can reap bountiful gains.

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