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Ixigo gets green signal from SEBI for IPO, Oyo withdraws draft papers

Ixigo, run by Le Travenues Technology Ltd, clocked Rs 491 crore in revenue from operations with a profit of Rs 65.7 crore for the nine months ending December 2023.

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Ixigo receives SEBI nod for IPO as Oyo withdraws papers

Ixigo had refiled its draft red herring prospectus (DRHP) with the market regulator to raise Rs 120 crore worth of fresh issue and an offer for sale (OFS) of up to 66,677,674 equity shares.

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OYO may raise equity from private investors at valuation of up to $4 billion: Source

OYO may raise equity from private investors at valuation of up to $4 billion: Source
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OYO Eyes New Funding as Valuation Soars to USD 4 Billion

OYO, the travel tech platform, may raise equity at a valuation of up to USD 4 billion following interest from private investors. The IPO-bound firm, with backing from Softbank, reported its first profitable year and may use the new funding to reduce debt further.

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Ixigo receives SEBI nod for IPO as Oyo withdraws papers

Travel booking platform ixigo has received the nod from markets regulator, the Securities and Exchange Board of India (SEBI), for its initial public offering (IPO) while hospitality major Oyo has withdrawn its draft IPO papers.Ixigo had refiled .

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