Tech
OYO Parent PRISM Nets INR 50 Cr For Premium Hotels Expansion Ahead Of IPO
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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
En route to an initial public offering (IPO), hospitality…
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