27 October 2025
OYO (Oravel Stays), the Indian hospitality-tech unicorn, is once again preparing for a public listing. After multiple attempts and strategic restructuring, the company now stands on the threshold of a profitable era, with signals pointing to Oyo IPO in 2026 at a valuation in the USD 7-8 billion (~INR 71,000 crore) range. Below is a detailed saga of its journey, financials, strengths, risks, and what lies ahead.

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