Ritesh Agarwal’s pioneering hotel aggregation venture, Oyo Hotels & Homes, has filed for an IPO to raise Rs 8,430 crore ($1.2 billion) in the Indian markets. Oyo joins a slew of startups in tapping the public market. Zomato had a successful Indian IPO in July, and Freshworks an equally successful one in the US last month. Nykaa, Paytm, and Policybazaar are others expected to list soon.
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