Oyo to use fresh funds for ‘enhanced business plan’ and global push
Hospitality chain Oyo has cited “enhanced business plan” and support for global expansion among objectives of its latest fundraising, regulatory documents show. On Thursday, ET reported that Oyo received shareholder approval for raising ₹416.85 crore through preference shares at an extraordinary general meeting (EGM) held on June 18. The shareholders also approved Oyo’s plan to … Read more
