SoftBank-backed Oyo files for $1.16 billion IPO
TechCrunch
SEPTEMBER 30, 2021
The story of Oyo — in which currently SoftBank has over 45% ownership — starts with Agarwal, who left his rural town in search of a better education in Rajasthan. Its aggressive expansion bet has had a mixed success rate. It doesn’t promise any minimum guarantees to those partners. Oyo’s offerings.
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