As much as 20-25% secondary dilution anticipated in Oyo’s impending $ 1 bn IPO

As much as 20-25% secondary dilution anticipated in Oyo's impending $ 1 bn IPO

[ad_1] New Delhi: As much as 20-25 per cent secondary dilution is predicted in Oyo‘s impending $ 1 billion IPO, folks aware of the matter mentioned. Present buyers reminiscent of Airbnb and Greenoaks Capital are unlikely to divest their stakes moreover founder Ritesh Agarwal, they added. “Ritesh holds roughly 33 per cent stake and wouldn’t … Read more