Hospitality player Oyo’s acquisition arm Sunday PropTech raises Rs.125-Cr from InCred, others

Delhi-based Oyo Assets , the asset acquisition arm of Oyo's parent company Prism, has raised INR 125 crore from private and institutional investors, including InCred.Oyo Assets, also known as Sunday PropTech, acquires and develops premium to mid-premium assets across India. It will use the funds to expand its presence in key leisure and business destinations and enhance asset management capabilities.Oyo Assets is targeting 12 hotel acquisitions in the current financial year (FY26) and is in talks for seven such deals. The hotels under discussion will be operated under PRISM's portfolio of brands, including Sunday Hotels, Palette Hotels, Townhouse and select United States brands.