Investors Pump Rs 500 Million Into PRISM’s Sunday PropTech

29 Sep 2025 CW Team

Travel-tech and hospitality company PRISM, the parent firm of OYO, announced on Tuesday that an InCred and Analah-led consortium has invested Rs 500 million in Sunday PropTech Limited, also known as OYO Assets.

InCred is a diversified Indian financial services group, while Analah is a Mumbai-based investment firm specialising in private equity, start-ups, real estate and financial services.

Sunday PropTech focuses on acquiring and developing high-quality hotels in India across premium and mid-premium segments, aiming to generate consistent returns and long-term capital appreciation. These hotels will operate under PRISM’s established brands, including Sunday Hotels, Palette Hotels, Townhouse, and others.

“As an investment platform, Sunday PropTech enables PRISM to onboard premium hotels through management contracts with minimal upfront capital, building a curated portfolio of high-performing assets that appreciate in value while delivering steady cash flows,” PRISM stated.

PRISM’s company-serviced hotel portfolio in India already spans over 1,300 hotels nationwide. With Sunday PropTech, the firm plans to launch 40 new four-star and five-star Sunday Hotels in FY26 across metros, non-metros, wildlife reserves and pilgrimage destinations, both in India and abroad.

Saurabh Jhalaria, Chief Investment Officer of InCred, said: “In India, listed companies such as Samhi Hotels, Chalet Hotels and Brigade Hotels have built large portfolios of premium assets in partnership with global brands. Sunday PropTech is adopting a similar approach, with the added advantage of PRISM’s strong technology stack and established brands. We see this platform as well-positioned to deliver strong returns for investors.”

Technology

29 Jul 2026

AI-Enabled Workflows Lift Profitability and Productivity

Organisations modernising frontline workflows with artificial intelligence, automation and real-time data are reporting stronger financial performance, higher productivity and improved employee engagement, according to a global study by Zebra Technologies and Oxford Economics.The research covered 1,000 senior leaders across retail, manufacturing, transportation and logistics in the US, Mexico, the UK, Germany, India, Japan, Australia and New Zealand.In transportation and logistics, 54 per cent of companies that improved picking and packing operations reported faster operational performance, wh..

India Leads Global AI Readiness but Implementation Lags

Indian companies lead global averages across all eight artificial intelligence readiness indicators tracked by JLL, but only 19 per cent have started making changes to their workplaces, according to the JLL 2026 Future of Work Survey.The study found that 77 per cent of Indian business leaders expect AI to change their office requirements, creating a 58-percentage-point gap between awareness and implementation. The survey covered more than 2,200 CEOs, CFOs and real estate leaders across 21 countries during the first quarter of 2026.Despite concerns over automation, 58 per cent of Indian leaders..

Three WOLFF Cranes Build Riyadh Cable-Stayed Bridges

Three WOLFF 180 B luffing jib cranes are supporting the construction of two cable-stayed bridges alongside the existing Wadi Laban Bridge in Riyadh, Saudi Arabia. The project is being developed for the Royal Commission for Riyadh City and executed by the ICRC joint venture comprising IC Ictas and Al Rashid Trading & Contracting Company.The cranes are handling lifting operations including formwork, reinforcement, concrete placement, work platforms, surveying equipment and other construction materials. Each crane is fitted with a 40 m jib, reaches a hook height of 157 m and offers a maximum ..