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MUMBAI: Prism, the parent company of Oyo, has filed draft IPO papers with markets regulator Securities and Exchange Board of India (SEBI) through the confidential route, people aware of the matter said, making its third attempt at going public. The company is seeking to raise up to Rs 6,650 crore through fresh issues of shares…
OYO’s parent company PRISM has secured shareholder approval to raise up to Rs 6,650 crore through a fresh issue of equity shares as part of its proposed initial public offering, signalling steady progress towards a public market debut, according to PTI.The approval was granted at an extraordinary general meeting held on December 20, where shareholders…
Oyo founder Ritesh Agarwal Oyo founder Ritesh Agarwal has now credited Amazon founder Jeff Bezos for helping him shape his approach and business strategy. Agarwal revealed the one quote by Bezos which inspired him, ‘Hope is not a plan’. In a recent interview post shared by Agarwal on his Instagram handle, he emphasised that structured…
