Softbank-Backed Oravel Updates Filing for $703 Million India IPO

🇮🇳 Bloomberg (IN) —

AI Summary

Oravel Stays Ltd., the parent company of Indian travel platform OYO, has filed updated paperwork for an initial public offering aiming to raise $703 million. This revives one of India's most closely watched tech IPO deals.

Oravel Stays Ltd., the parent of travel platform OYO, filed updated paperwork for an initial public offering to raise as much as 66.5 billion rupees ($703 million), reviving one of India’s most closely watched deals.

Markets Deals Travel AI & Tech IPO Oravel OYO India tech IPO travel platform stock market

Read original source →