oyo ipo

Hospitality startup Oyo has finalised plans to pull its IPO and instead look to tap private investors for a fund infusion. This and more in today’s ETtech Morning Dispatch.Also in the letter:■ Paytm, Byju’s staff hunt for jobs■ P2P cos go easy on partnerships■ Info Edge reports quarterly resultsOyo may back out of IPO plan, opt for private raise Oyo Hotels & Homes, which first filed a draft application for an initial public offer (IPO) of over $1 billion in October 2021, is scrapping its public listing plans.…

Hospitality chain Oyo’s initial public offering (IPO) is likely to be delayed by three months as India’s capital markets regulator has asked the Ritesh Agarwal-promoted startup to update its draft IPO papers, people familiar with the matter told ET. The IPO was expected to be launched in the first half of 2023. The Securities and Exchange Board of India (Sebi) has asked Oravel Stays (Oyo) to update risk factors, its key performance indicators (KPIs), outstanding litigations and the basis for valuation in the company’s…

India's Oyo lays off 600 employees as part of 'wide ranging' reorganisation India's Oyo lays off 600 employees as part of 'wide ranging' reorganisation FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish…