OYO Assets secures ₹125 crore to fuel rapid hotel expansion plans
OYO Assets has secured Rs 125 crore in a new funding round led by InCred. The investment will help the company speed up its expansion plans and explore further opportunities in the hospitality sector.
The latest capital injection comes from a mix of financial institutions and private backers, including Deutsche Bank AG.
The fresh funds will support OYO Assets in broadening its footprint across major leisure and business hubs. The company has set a target to acquire 12 hotels in the current financial year, with negotiations for seven properties already at an advanced stage.
Deutsche Bank AG contributed to the round by refinancing 50% of an existing large loan tied to OYO Hotels. This refinancing forms part of the broader funding strategy to strengthen the company’s financial position.
With the new capital, OYO Assets plans to accelerate its growth ambitions. The focus remains on identifying and securing strategic assets to expand its portfolio in high-demand locations.
The Rs 125 crore funding will enable OYO Assets to push forward with its acquisition plans and strengthen its market presence. The company now aims to finalise deals for seven hotels soon while continuing to scout for additional investment opportunities.
