Oyo, With 27-Year-Old Founder, Files For $1.2 Billion IPO Next Week: Report
SoftBank Group-backed Indian hospitality startup Oyo Hotels and Rooms is expected to file for an initial public offering (IPO) next week to raise around $1 billion, a source told Reuters on Thursday. The hotel aggregator is looking to list in India’s financial capital of Mumbai and its IPO is tentatively pegged…