Friday, July 19, 2019

India's Oyo valued at $10B after founder purchases $2B in shares


The fast-growing Indian hospitality business Oyo has garnered a valuation of $10 billion after its founder, Ritesh Agarwal, reportedly purchased $2 billion in shares from venture capital firms Sequoia Capital and Lightspeed Venture Partners.
Agarwal, 25, fou…
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