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Existing investors exhibit confidence as pandemic-hit hospitality giant Oyo files for USD 1.13 billion IPO

Oyo’s net income nose-dived 69% to USD 558 million in the financial year ended March 31, 2021, from USD 1.8 billion in FY 2020—the year before the pandemic hit.

6 mins read
  • Oyo has reportedly been gearing up to file documents for a mega IPO of USD 1–1.2 billion by next week, targeting a valuation of USD 12-14 billion.

    News

    SoftBank-backed Oyo’s mega IPO plans may derail due to a legal battle

    3 mins read

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