Stay updated with breaking news from Oravel stays ltd. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
OYO may raise equity from private investors at valuation of up to $4 billion: Source orissapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orissapost.com Daily Mail and Mail on Sunday newspapers.
OYO, the travel tech platform, may raise equity at a valuation of up to USD 4 billion following interest from private investors. The IPO-bound firm, with backing from Softbank, reported its first profitable year and may use the new funding to reduce debt further. ....
Travel booking platform ixigo has received the nod from markets regulator, the Securities and Exchange Board of India (SEBI), for its initial public offering (IPO) while hospitality major Oyo has withdrawn its draft IPO papers.Ixigo had refiled . ....
The IPO-bound firm, backed by Softbank, had its maiden net profitable year in FY24 when it posted a profit after tax (PAT) of Rs 99.6 crore (USD 12 million). ....
In preparation for the refinancing, OYO has moved its application with markets regulator SEBI to withdraw its current draft red herring prospectus. ....