Thursday, 16 January, 2025

OYO Investors Plan Stake Sale at $3.9 Billion Valuation

Investors in OYO are reportedly seeking to sell a portion of their stake, valuing the hospitality startup at $3.9 billion. The move comes as OYO focuses on improving profitability and preparing for an IPO. The valuation is a significant shift from its previous $10 billion peak, reflecting current market dynamics. Stakeholders aim to attract buyers amidst evolving industry conditions and the company's strategic growth initiatives.