SoftBank-backed Oyo may get two new investors as IPO wait stretches

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Ritesh Agarwal, founder, Oyo

Global private equity firms General Atlantic and Norwest Venture Partners are in talks to pick a secondary stake in Oravel Stays Pvt Ltd, which operates hospitality tech firm Oyo Hotels & Rooms, two people with knowledge of the development said. “A deal is brewing where some early investors are being approached ......

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