Oyo plans to raise Rs413 crore through rights issue2 min read . Updated: 08 Jul 2016, 03:25 PM IST
Oyo is also looking to buy back shares from existing investors for around Rs60 crore
Budget hotel aggregator Oyo (Oravel Stays Pvt. Ltd) is looking to raise over ₹ 413 crore through a proposed rights issue of shares to its existing shareholders, according to documents filed with the Registrar of Companies.
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