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Suchi Semicon launches factory in Surat to boost semiconductor production capacity

OYO is poised for significant growth, projecting a profit of INR 1,100 Cr in FY26, bolstered by its acquisition of G6 Hospitality, which is expected to contribute INR 630 Cr in EBITDA. Despite pressure from lenders to expedite its IPO, OYO continues to report strong financial performance, with a net profit of INR 166 Cr in Q3 FY25. In other news, Darwinbox has raised $140 Mn, NoPaperForms is preparing for an IPO, and Suchi Semicon is set to begin production in March 2024 after investing INR 840 Cr in its new factory.

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