Oyo speeds up IPO plans as founder’s debt repayment date looms

Oyo founder Ritesh Agarwal borrowed $2.2 million in 2019. The loan was restructured in 2022 and Agarwal needs the IPO to go through to repay the first tranche.

Oyo speeds up IPO plans as founder’s debt repayment date looms
Oyo founder Ritesh Agarwal borrowed $2.2 million in 2019. The loan was restructured in 2022 and Agarwal needs the IPO to go through to repay the first tranche.

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