Home TRAVEL BLOGS OYO raises $660 mn through its maiden TLB funding from leading institutional investors, oversubscribed 1.7 times

OYO raises $660 mn through its maiden TLB funding from leading institutional investors, oversubscribed 1.7 times

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OYO raises $660 mn through its maiden TLB funding from leading institutional investors, oversubscribed 1.7 times

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OYO is among the first Indian Startups to be publicly rated by Moody’s & Fitch and to the first to raise capital through the TLB offering. Given the strong interest from marquee investors despite the virus surge, OYO upsized the deal by 10% to $660m.

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