OYO Parent PRISM Nets INR 50 Cr For Premium Hotels Expansion Ahead Of IPO
**Short Description (OYO IPO):** OYO (Oravel Stays Ltd.) is a global hospitality technology company that operates a network of budget and premium hotels, homes, and accommodations through a digital platform, partnering with property owners to standardize and manage lodging services across multiple countries.
SUMMARY
Hospitality major OYO’s parent PRISM has raised INR 50 Cr ($5.6 Mn) for its premium hotels subsidiary Sunday PropTech
According to PRISM, the fresh funding will help Sunday PropTech expand its portfolio of high-end hotels with “minimal upfront capital investment”
The subsidiary plans to launch 40 new four- and five-star hotels in FY26 across metros, non-metros, wildlife destinations, and pilgrimage centres
