Oyo eyes 10 billion dollar valuation in fresh capital

June 12, 2019 |
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News
Oyo eyes 10 billion dollar valuation in fresh capital

New Delhi: Oyo Hotels and Homes is in talks to raise nearly one billion dollar in fresh capital with new investors as well as existing backers like SoftBank. It is expected that this will lead the startup's valuation hit the 10 billion dollar mark. This will make the Gurgaon-based company, founded by Ritesh Agarwal in 2012, as one of the most valuable new-economy ventures in the country, according to three people in the know of the matter.

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