Kotak Mahindra Capital Company Limited, J.P. Morgan India Private Limited,Citigroup Global Markets India Private Limited, ICICI Securities Limited, Nomura Financial Advisory and Securities (India) Private Limited, JM Financial Limited, Deutsche Equities India Private Limited
OYO (Oravel Stays Limited) is a leading, new-age technology platform empowering the large yet highly fragmented global hospitality ecosystem, according to RedSeer. It has been focused on reshaping the short-stay accommodation space since its incorporation in 2012 and has developed a unique two-sided technology platform focused on comprehensively addressing key pain points of its Patrons (being the owners, lessors and/or operators of storefronts listed on its platform) on the supply side and our Customers (being ravelers and guests who book accommodations at our Patrons’ storefronts through our platform) on the demand side. Its unique business model helps our Patrons transform fragmented, unbranded and underutilized hospitality assets into branded, digitallyenabled storefronts with higher revenue generation potential and provides our Customers with access to a broad range of high-quality storefronts at compelling price points. As at March 31, 2021, we had 157,344 storefronts across more than 35 countries listed on our platform.