Oyo’s Valuation Soars to $4.6 Billion After Nuvama Wealth Buys Rs 100 Crore Stake
In a significant development for India’s leading hospitality giant, Oyo, the company’s valuation has reached an impressive $4.6 billion following a major investment. Nuvama Wealth and Investment Limited has acquired a stake worth Rs 100 crore in Oravel Stays Ltd (the parent company of Oyo) at Rs 53 per share in…
