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Oyo is looking valuation of range between $12-$15 billion for this Oyo is planning to raise fund

between $1 billion and $1.2 largely by issuing fresh stock in the form of IPO. On September 23, ET
reported Oyo could file its draft red herring prospectus. Sources said the company is keen to file its
DRHP before the month ends, but there’s a possibility that the process may spill over to early
October.

Oyo ipo: Founder Ritesh Agarwal unlikely to offload any stake in Oyo IPO - The Economic Times
(indiatimes.com)

Initiatives by OYO during pandemic –

OYO keeps the promise of "Atithi Devo Bhava" intact; reaches out to 15+ embassies, to support
accommodation for stranded tourists

OYO Care ties up with 24+ ministries and 50+ hospitals to continue to support India’s effort to flatten
the curve

OYO Townhouse offers free stays to medical personnel fighting against covid-19,

Ivanka Trump has lauded an initiative by Ritesh Agarwal to offer free stays to healthcare personnel in
the US helping in the fight against COVID-19

We have made an outreach to health departments of all state governments to understand how we
can leverage OYO hotels for providing pay per use or self-quarantine facilities

Corona Concierge (oyorooms.com)

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