SoftBank Cuts Valuation Of OYO Hotels Ahead Of Its IPO: Report

Japanese investor SoftBank Group has reduced the valuation of OYO Hotels on its books by over 20 per cent as the Indian startup prepares for an initial public offering (IPO). The investor has cut its valuation from $3.4 billion to $2.7 billion in the June 2022 quarter, according to a Bloomberg report. SoftBank cut the […]

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