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OYO Parent Oravel Stays Invites Public to Help Rename Company Ahead of IPO, Offers ₹3 Lakh Prize

  • Oravel Stays, the parent company of OYO, is seeking a new name before its IPO, with a ₹3 lakh prize for the chosen suggestion.
  • The renaming is for the corporate entity, not the OYO hotel brand, aiming for a bold, globally relevant, and tech-forward name.
  • The company is looking for a one-word name that is scalable beyond hospitality, and potentially for a new OYO app in development.
  • The rebranding is part of OYO's strategy ahead of its IPO in FY25, with the company recently reporting profitability milestones and growth in the hotel segment.

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