OYO To Delay IPO Amid Market Volatility

SoftBank, who holds 30% stake in OYO has asked the Delhi NCR-based unicorn to defer IPO plans till next year

Now the Ritesh Agarwal-led startup plans to go for its public listing in March next year

However, a month ago the creditors of the hospitality major was pressing Agarwal to get listed as early as October this year to clear a looming debt repayment

Hospitality major OYO has reportedly decided to postpone its initial public offering (IPO) by a few months due to…