SoftBank-backed Oyo aims for up to $12 billion valuation in India IPO

SoftBank-backed Oyo aims for up to $12 billion valuation in India IPO

2 years ago
Anonymous $WHrWmjSJBZ

https://www.reuters.com/article/oyo-ipo/softbank-backed-oyo-aims-for-up-to-12-billion-valuation-in-india-ipo-idUSKBN2GR2ZO

BENGALURU (Reuters) -SoftBank-backed Indian hotel aggregator Oyo Hotels is seeking a valuation of $10 billion to $12 billion, a source close to the matter told Reuters, as it filed for a local listing that could be the first for a hospitality firm since 2019.