India’s Oyo Hotels and Homes chief executive said on Wednesday the SoftBank-backed hospitality startup’s business was likely to return to levels seen before the second wave, but did not provide a timeline for its potential public offering.
“In India, if all goes well, in a couple of weeks our numbers will be back to pre-wave two and then growing from there,” Founder and CEO Ritesh Agarwal said at a Reuters Next Newsmaker event on Wednesday.