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OYO initiates bank talks for IPO after strong business turnaround

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OYO, the global travel tech platform, is preparing for a new IPO. Discussions with banks are underway for a public listing. The company aims to launch the IPO in the last quarter of the financial year. Investment bankers estimate a valuation between USD 6-7 billion. OYO previously withdrew its IPO plans in May 2024.

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