OYO To File IPO Papers In November, Targets $7-8 Bn Valuation 

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SUMMARY

As per PTI, the Ritesh Agarwal-led startup is targeting $7-8 Bn valuation for its initial public offering (IPO)

Besides, sources also told the publication that it is likely to take the proposal for its IPO to its board by next week

OYO’s original public listing plan was postponed due to market conditions, it then refilled for an IPO confidentially in 2023, but that attempt also didn’t fructify

Amid the ongoing startup IPO boom, hospitality major OYO is now reportedly…



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OYO To File IPO Papers In November, Targets $7-8 Bn Valuation 


SUMMARY

As per PTI, the Ritesh Agarwal-led startup is targeting $7-8 Bn valuation for its initial public offering (IPO)

Besides, sources also told the publication that it is likely to take the proposal for its IPO to its board by next week

OYO’s original public listing plan was postponed due to market conditions, it then refilled for an IPO confidentially in 2023, but that attempt also didn’t fructify

Amid the ongoing startup IPO boom, hospitality major OYO is now reportedly…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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