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According to a Bloomberg report, SoftBank does not favour Oyo's plan to list in October and has pressed the firm to hold off on a public offering until the time that its earnings are stronger, the ...
In March, Oyo had intensified efforts to list as a debt repayment deadline had neared. Creditors have asked founder Ritesh Agarwal to pay back $383 million from a multibillion-dollar loan package if ...
Oyo founder Ritesh Agarwal had urged for a quick IPO to meet conditions related to a restructured $2.2 billion loan he secured in 2019 for raising his stake in the company, the report said. The loan, ...
As Indian hospitality keeps evolving, the real competition might soon be all about the food. Oyo on Thursday announced its foray into the food and beverage (F&B) segment, with plans to roll out in ...
The report also said that OYO’s founder, Ritesh Agarwal, had pushed for a quick IPO to meet the conditions of a restructured $2.2 billion loan he had secured in 2019 for increasing his stake in ...
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