Oyo delays IPO for third time as SoftBank is wary of weak earnings and valuation drop: Report

Oyo has delayed its IPO for the third time due to SoftBank's opposition and market volatility. Initially seeking a $12B valuation in 2021, Oyo may now aim for a $7B listing by March 2025. Founder Ritesh Agarwal is under pressure to meet loan terms tied to the company's listing

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