Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
OYO targets $6–$7B valuation, preps for third IPO attempt
Oyo targets $6-7B valuation in its third IPO attempt, revising financials to address past regulatory concerns. Global hospitality tech platform Oyo is reportedly in discussions with investment banks for its third attempt at an Initial Public Offering (IPO), aiming for a valuation between $6 billion and $7 billion in Q4 FY25. The company is actively revising its financial statements and addressing past regulatory concerns that hindered previous IPO plans. This renewed push for a public listing indicates Oyo's confidence in its business turnaround and its efforts to present a more robust and compliant financial picture to potential investors.