INSUBCONTINENT EXCLUSIVE:
Oyo is among the first Indian startups to raise capital through term loan funding routeHospitality company Oyo Hotels and Homes raised debt
funding of $660 million from global institutional investors through the term loan funding (TLB) route, according to a statement released by
the proposed issuance was oversubscribed by 1.7 times and the company received commitments of close to $1 billion from the leading
We are thankful for the trust that they have placed in OYO's mission of creating value for owners and operators of hotels and homes across
strong interest from the investor community in the company, leading OYO to become the first Indian startup to be independently assessed by
Steve Albrecht, a member of OYO's Board of Directors and Chairman of the Audit Committee.Founded in 2013 by Ritesh Agarwal, Oyo is now a
leading multinational chain of leased and franchised hotels, homestays, and living spaces
