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SoftBank-backed India’s Oyo Hotels owner halves proposed IPO, filing shows

viaeconomictimes.indiatimes.com22 Oct
SoftBank-backed India’s Oyo Hotels owner halves proposed IPO, filing shows
Prism, the company behind Oyo Hotels, has slashed its initial public offering (IPO) size from 66.5 billion to 33.5 billion rupees. Initially aiming for a lofty $12 billion valuation back in 2021, Prism has encountered a series of delays, including a confidential filing in March 2023 and its third…

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