16 January 2025
Early investors in Oyo, including Lightspeed Venture Partners, are reportedly in discussions with family offices to sell part of their stakes in the hospitality startup. According to The Economic Times, the valuation for this potential sale is around $3.9 billion.
Recently, another early investor, Peak XV Partners, sold part of its remaining 3 per cent stake, earning approximately $80–90 million in returns. This follows the over $1.4 billion that Lightspeed and Peak XV made in 2019 when they sold most of their stakes to Oyo’s founder, Ritesh Agarwal.
Early investors in Oyo, including Lightspeed Venture Partners, are reportedly in discussions with family offices to sell part of their stakes in the hospitality startup. According to The Economic Times, the valuation for this potential sale is around $3.9 billion.
Recently, another early investor, Peak XV Partners, sold part of its remaining 3 per cent stake, earning approximately $80–90 million in returns. This follows the over $1.4 billion that Lightspeed and Peak XV made in 2019 when they sold most of their stakes to Oyo’s founder, Ritesh Agarwal.
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