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...Some richly valued companies such as babycare retailer FirstCry, hospitality start-up Oyo, eyewear retailer Lenskart, mobility company Ola and food delivery firm Swiggy have revived plans to go public....
...As early as the 1970s the advertisements conveyed a message of upward socio-economic mobility, said Naa Oyo Kwate, a social scientist at Rutgers University, with campaigns running in magazines such as Ebony...
...SoftBank-backed hotel booking company Oyo has watered down IPO plans due to souring investor sentiment, while Sequoia Capital-backed skincare start-up Mamaearth postponed its IPO this year....
...The gamble is bigger, but the gambler himself (66) is older and his record (WeWork, Oyo, Greensill and the successive quarters of Vision Fund losses) less perfect....
...Foreign inflows of investment will be crucial for some of the tech IPOs in the pipeline, particularly the bigger flotations, such as those of hospitality start-up Oyo, baby care retailer Firstcry and food...
...After a series of bets that backfired, including WeWork, Oyo, Greensill Capital and a string of crippling losses at SoftBank’s Vision Funds during the tech downturn of 2022, Son’s reputation as a dealmaker...
...Several high-profile tech start-ups, including SoftBank-backed hotel aggregator Oyo, were forced to abandon or downsize listing plans....
...A number of Indian tech companies plan to capitalise on the bullish mood by going public in the coming months, including Ola and Oyo, the hotel-booking platform....
...SoftBank-backed hotel booking group Oyo is cutting 10 per cent of its 3,700 workforce, the company said this month....
...Ties with the brutal Oyo empire are being severed....
...As the performance of Oyo, a SoftBank-backed Indian hotel chain, lagged in 2020, Goto immediately arranged dinners between Mizuho executives and Ritesh Agarwal, Oyo’s founder, to address their concerns....
...Once the world’s second-largest hotel chain, Oyo has slammed the door shut on thousands of rooms....
...SoftBank previously slashed its valuation of Oyo from $10bn to $3bn....
...historical action epic set in 19th-century west Africa, it stars Viola Davis as the fictional general of the real Agojie: a cadre of women soldiers who safeguarded the Dahomey kingdom from the predatory Oyo...
...The movie is set in the 1820s, and the women warriors of the Dahomey kingdom, called the Agojie, are fighting their neighbours, the Oyo empire....
...companies in the Vision Fund could play a role: US construction start-up Katerra to build new structures, Hong Kong artificial intelligence specialist SenseTime to offer facial recognition, while India’s Oyo...
...Its number of rooms has fallen 16 per cent, Oyo said....
...Oyo recently raised $5m from Microsoft, compared with a mega $2bn in 2019 in which Agarwal borrowed from Japanese banks in order to buy back shares. Oyo’s timing looks impeccable....
...Hotel company Oyo has filed for its IPO. Churchill, which also declined to comment, has achieved mixed success with its blank cheque deals....
...Among the most prominent upcoming listings are budget hotel group Oyo, which filed a draft prospectus to raise $1.1bn last month....
...After Paytm, a number of other companies are expected to list in the coming months including SoftBank-backed hotel group Oyo and ride-sharing company Ola....
...Ritesh Agarwal and Yashish Dahiya, chief executives of SoftBank-backed Indian companies Oyo and Policybazaar respectively, are also participating....
...SoftBank’s Oyo books Indian IPOOyo, the SoftBank-backed hotel platform, has filed for an IPO through which it hopes to raise Rs84bn ($1.1bn), the latest in a flurry of lossmaking Indian start-ups trying...
...SoftBank’s other racehorses, Oyo, the budget hotel group that filed a draft prospectus to raise $1.1bn last month, and Ola, a ride-sharing group planning an upcoming listing, are looking less like shoo-ins...
...The Japanese group is in pole position to receive a multibillion-dollar windfall from IPOs such as PolicyBazaar and Oyo....
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