OYO

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About the Company

Oyo (Oravel Stays Limited) is a leading, new-age technology platform empowering the large yet highly fragmented global hospitality ecosystem. It has focused on reshaping the short-stay accommodation space since its incorporation in 2012 and has developed a unique two-sided technology platform focused on addressing key pain points of its Patrons (being the owners, lessors, and/or operators of storefronts listed on their platform) on the supply side and their customers (being travellers and guests who book accommodations at their Patrons’ storefronts through their platform) on the demand side. Their business model helps their Patrons transform fragmented, unbranded, and underutilized hospitality assets into branded, digitally-enabled storefronts with higher revenue generation potential and provides their customers with access to a broad range of high-quality storefronts at compelling price points. As of March 31, 2021, Oyo had 157,344 storefronts across more than 35 countries listed on their platform. Oyo has the largest footprint (in terms of hotel storefronts) in its key markets of India & SEA and the second-largest footprint in Europe (in terms of homes storefronts) among full-stack short-stay accommodation players as of September 9, 2021. The entire public offer of Oyo comprises a fresh issue of equity shares aggregating up to Rs. 7,000 crores and an offer for sale of equity shares aggregating up to Rs. 1,430 crores from selling shareholders, SVF India Holdings Limited, A1 Holdings Inc. amongst others. Key Highlights: