OYO-Owned Innov8 Sells 3% Stake At INR 1,000 Cr Valuation

Co-working space startup Innov8 has sold 3% stake in the company to investors

Innov8 has sold the stake at a valuation of INR 1,000 Cr

Raymond Family Office became lead investor by acquiring around 2% share

OYO-owned Innov8 has reportedly sold 3% stake in the company at INR 1,000 Cr valuation to expand its flexible workspace.

A PTI report, citing sources, said that Raymond family office has emerged as the lead investor, acquiring nearly 2% share.

In January this year,…