OYO delays 3rd attempt at IPO: Report
Ritesh Agarwal-led hotel aggregator OYO is postponing its third attempt at IPO after opposition from investor SoftBank and market volatility, Bloomberg reported. SoftBank reportedly disapproved of OYO's proposed October IPO, urging it not to go for an IPO until its earnings are stronger. OYO first filed for IPO in 2021 and then in March 2023, but later withdrew the application.