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
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