Oyo is aiming to raise Rs.1,000 Cr from family offices
Oyo, the Indian hospitality startup, is aiming to raise Rs.1,000 crore (approximately $120 million) in fresh funding. The funding is expected to come primarily from family offices of prominent Indian corporate executives and stock market experts. This fundraise is likely to value Oyo at $2.5 billion, a significant decrease from its peak valuation of $9 Read more: Oyo is aiming to raise Rs.1,000 Cr from family offices..