OYO Hotels and Homes parent, Oravel Stays has set up a number of entities according to Inc42 citing Ministry of Corporate Affairs filings. Two JV’s for hotel acquisitions and development have been set up in partnership with SoftBank controlled SB Topaz. OYO has also set up a financial and technology services company and five additional limited liability partnerships. All eight companies list OYO founder Ritesh Agarwal and Abhishek Gupta, group CFO, as directors. The other two firms are the Indian real estate firm Infratech India Pvt. Ltd (IPI), which is listed on the Bombay Stock Exchange (BSE) and the property developer Reliance Real Estate Services (R@@ Earlier this year, OYO entered the co-working market.
OYO Hotels and Homes parent, Oravel Stays has set up a number of entities according to Inc42 citing Ministry of Corporate Affairs filings. Two JV’s for hotel acquisitions and development have been set up in partnership with SoftBank controlled SB Topaz. OYO has also set up a financial and technology services company and five additional limited liability partnerships. All eight companies list OYO founder Ritesh Agarwal and Abhishek Gupta, group CFO, as directors. Gupta has been the signatory on the regulatory filings for all of the companies. Earlier this year, OYO entered the co-working market.