OYO Gets SEBI Nod For ₹6,650 Cr IPO At $7-8 Bn Valuation

OYO parent PRISM secures SEBI approval for its ₹6,650 Cr public issue, targeting a $7-8 Bn valuation. The listing marks a third attempt by Ritesh Agarwal's hospitality platform to go public, anchoring a busy week that also saw ONDC raise ₹220 Cr from Uber, Zoho, Paytm and BSE.

— Source publishedWed, 3 Jun, 2026, 08:00 IST·First seen Thu, 4 Jun, 2026, 11:23 IST·Source Inc42

What happened

Oyo · Inc42 roundup: Sarvam opens voice AI platform publicly amid $250M unicorn round; ONDC raises ₹220 Cr from Uber, Zoho, Paytm, BSE; OYO/PRISM gets SEBI IPO

Key facts

  • $12 Mn ARR
  • $250 Mn round
  • $23 Mn ONDC raise
  • ₹220 Cr
  • ₹70 Cr Zoho
  • ₹60 Cr Uber/Paytm
  • ₹30 Cr BSE
  • 21.8 Cr ONDC transactions FY26
  • ₹6,650 Cr OYO IPO
  • $7-8 Bn OYO valuation
  • Excitel ₹40 Cr PAT FY26
  • ₹530 Cr revenue
  • 80-100 layoffs

Why this matters

OYO's listing path plus ONDC's ₹220 Cr round from Uber, Zoho, Paytm and BSE signals a thawing strategic-capital window in travel and commerce infrastructure—accelerate partnership and minority-stake conversations now.