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Saturday, 2 October 2021

Oyo latest startup to file for IPO, eyes over Rs 8k cr

Ritesh Agarwal’s pioneering hotel aggregation venture, Oyo Hotels & Homes, has filed for an IPO to raise Rs 8,430 crore ($1.2 billion) in the Indian markets. Oyo joins a slew of startups in tapping the public market. Zomato had a successful Indian IPO in July, and Freshworks an equally successful one in the US last month. Nykaa, Paytm, and Policybazaar are others expected to list soon.

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