Oyo: Oyo raises ₹1,457cr in latest funding round

New Delhi: Oravel Staysthe parent company of Oh yeahhas raised Rs 1,457 crore from a consortium of investors at the latest Funding roundsources said, at a valuation of $2.4 billion. agencies

We also published the following articles recently

Lamborghini Urus SE launched at Rs 4.57 crore: Fastest Urus ever with 60km e-range
Lamborghini launched the Urus SE, a plug-in hybrid SUV, priced at Rs 4.54 crore. It features design updates including a revamped bumper, grille, and 23-inch alloy wheels. Inside, it boasts a 12.3-inch infotainment screen. The hybrid system combines a V8 engine and electric motor, producing 800 hp. The Urus SE can accelerate to 100 kmmph in 3.4 seconds.

Fourth Partner Energy raises $275 million from IFC-ADB-DEG consortium
Renewable energy company Fourth Partner Energy Limited (FPEL) raised $275 million from a consortium including IFC, ADB, and DEG. This funding will support FPEL’s expansion plans, aiming for a 3.5 GW renewable energy portfolio by 2026. The company currently has an installed base of 1.5 GW and is developing additional capacities across various states in India.

Adani Enterprise plans to raise $1 billion from share sale
Adani Enterprises, the flagship of Adani Group, planned a $1-billion share sale by mid-September after withdrawing a $2.5-billion offering last year amid reported by Hindenburg Research. The company aimed to broaden its non-promoter shareholder base and raise funds for green hydrogen initiatives, with involvement from US investors and sovereign wealth funds from the UAE and Qatar.