Indian hospitality company OYO seeks $1b in fresh capital at $10b valuation: Report

Ritesh Agarwal. Photographer: Samyukta Lakshmi/Bloomberg

Indian hospitality company Oyo Hotels & Homes (OYO) is looking to raise $1 billion in fresh capital from new and existing investors at a valuation of $10 billion as it aggressively pushes for overseas expansion, The Times of India reported.

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