One Oyo exec might make ₹1,100 cr on IPO

Thousands of employees of Oravel Stays Pvt. Ltd, the operator of the Oyo hotel aggregator platform, are set to make a windfall as the company proceeds with its planned public listing. Oyo is expected to create a total wealth of about $668 million (about ₹5,000 crore) for its employees based on a post-IPO valuation of … Read more