OYO IPO : #ETNOWExclusive | #OYO takes a nod from #SEBI to file an updated addendum for #IPO in Oct 2022. The co had asked Sebi if it can file addendum with updated financials of Q1, Q2 FY23

#OYO says it will refile its draft public listing application by the middle of next month. #IPO

#OYO says will add over 1,000 #hotels by December

#OYO to add 500 hotels in host cities of upcoming 2023 #ODIWorldCup

Hospitality major #Oyo is in talks to raise $80-90 million, co in talks with #InCred to raise about $80-90 m from family offices. The #valuation of $3-4 billion; down nearly 75% from $10 bn peak valuation in 2019