Speaking in New York, Oyo founder Ritesh Agarwal said Indian consumer brands will increasingly cross into the US market, pointing to Oyo's $525M acquisition of G6 Hospitality's Motel 6. Separately, PRISM secured SEBI approval for a Rs 6,650 crore confidential IPO.

Financial Express · BrandWagon · 6/4/2026, 10:52:56 AM

OYO founder Ritesh Agarwal says Indian corporations are positioned to become major US brand owners, pointing to OYO's USD 525 million Motel 6 acquisition and the extended-stay housing opportunity. Parent PRISM has secured SEBI clearance for a Rs 6,650 crore IPO.

ET Small Business · 6/4/2026, 7:18:50 AM

Prism, Oyo's parent, has cleared Sebi's approval hurdle for its Rs 6,650 crore IPO on the third attempt, targeting a $7-8 billion valuation. Updated DRHP is expected by early July, with Q1FY26 profit at Rs 216 crore signaling improved fundamentals. Listing timing remains contingent on market conditions.

Times of India · Business · 6/2/2026, 3:32:43 PM

Prism, Oyo's parent, has cleared Sebi for a ₹6,650-crore public issue targeting a $7-8 billion valuation, with UDRHP-1 expected in early July. Moody's sees FY26 EBITDA doubling to $280 million, driven by premium brands and the G6 Hospitality buy.

Business Today · Latest · 6/2/2026, 1:19:45 PM

PRISM, the rebranded parent of OYO, has won Sebi approval for a public listing targeting a $7-8 billion valuation with a ₹6,650 crore fresh issue. The company plans to file its UDRHP by early July 2026, betting on premium brands like Sunday Hotels, self-operated assets, and spiritual tourism corridors.

Mint · Markets · 6/2/2026, 12:42:51 PM

PRISM, OYO's parent, has secured SEBI approval to raise up to Rs 6,650 crore via fresh issue at a $7-8 billion valuation. The hospitality group is scaling self-operated hotels, premium brands like Sunday and Pallette, and vacation rentals (DanCenter, G6) across India, US and Europe. FY26 EBITDA guided at $280 million.

Entrackr · Newsletter · 6/2/2026, 12:05:38 PM

PRISM, parent of OYO, has secured SEBI approval to launch its IPO at a $7-8 billion valuation with a Rs 6,650 crore fresh issue. UDRHP-1 filing comes next as the company scales self-operated premium hotels, vacation rentals (DanCenter), and religious destination plays across India, US, and Europe. FY26 EBITDA pegged at $280M; Moody's rates it B2.

Entrackr · Newsletter · 6/2/2026, 11:58:57 AM

PRISM, parent of OYO, is rolling out 38 Studio 6 extended-stay hotels under G6 Hospitality following its $525M G6 acquisition. Phase one covers 8 properties; the broader 30-property push spans New York, Las Vegas, Dallas, Houston and Phoenix, targeting project-based travelers, medical staff and relocating families.

CNBC-TV18 · Companies · 5/25/2026, 12:26:56 PM

PRISM, OYO's parent, has opened 38 Studio 6 extended-stay hotels across 12 US metros including New York, Dallas, Houston and Las Vegas. The rollout follows its $525M G6 Hospitality acquisition and leans on India-built tech and AI tools, marking a major global push for the India-origin hospitality firm.

ET Hospitality · 5/25/2026, 12:25:20 PM

OYO parent Prism has launched 30 Studio 6 extended-stay properties across 12 US cities including New York, Dallas, and Las Vegas, following its $525M Motel 6/Studio 6 acquisition from Blackstone. The expansion comes as Ritesh Agarwal scales G6 Hospitality operations ahead of a confidential ₹6,650 crore SEBI IPO filing.

Outlook Business · 5/25/2026, 9:28:39 AM

PRISM-owned G6 Hospitality launched 38 new Studio 6 extended-stay properties spanning New York, Dallas, Houston, Phoenix, Charlotte, St Louis and Las Vegas. The 100-120 room hotels follow PRISM's $525M G6 acquisition, with India-built tech, revenue management and AI systems set to be deployed across the portfolio.

ET Small Business · 5/25/2026, 9:04:12 AM