HomeStartupsOyo's funding to finance global expansion, acquisitions: filings

Oyo's funding to finance global expansion, acquisitions: filings

Startups

Published on

By Dark Descent
spot_img

ET reported on June 20 that Oyo has received shareholder approval for raising Rs 416.85 crore through preference shares in an extraordinary general meeting (EGM) held on June 18. The shareholders also gave their nod to increasing Oyo’s authorized share capital from Rs 901.14 crore to Rs 1,341.14 crore.

Latest articles

Startups

Zepto is hyperlocal Walmart of India, will focus on top 40 cities: CEO Aadit Palicha

Zepto, a quick commerce platform in India, raised $665 million in funding, valuing the...
Startups

Inside the rise and fall of Indian Twitter rival Koo

Koo, the Indian social media platform aiming to rival Twitter, has closed down due...
Information Tech (IT)

Hemant Lamba resigns as Infosys Executive VP

In his resignation letter marked to Infosys CEO Salil Parekh, Lamba wrote: "I am...
Information Tech (IT)

Glean Technologies sets up India office, to invest up to $50 million

US-based Glean Technologies, which offers AI assistant platforms for businesses, has chosen to set...

More like this

Startups

Zepto is hyperlocal Walmart of India, will focus on top 40 cities: CEO Aadit Palicha

Zepto, a quick commerce platform in India, raised $665 million in funding, valuing the...
Startups

Inside the rise and fall of Indian Twitter rival Koo

Koo, the Indian social media platform aiming to rival Twitter, has closed down due...
Information Tech (IT)

Hemant Lamba resigns as Infosys Executive VP

In his resignation letter marked to Infosys CEO Salil Parekh, Lamba wrote: "I am...

Dark Descent stands tall as the city's news maestro, offering insightful, unbiased, and incisive reporting that resonates with the heartbeat of the nation

Subscribe

To get email updates from Today News.

© Dark Descent. All Rights Reserved