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OYO speeds up IPO plans as founder’s debt repayment date looms
29 July 2026
Oyo founder Ritesh Agarwal is accelerating plans for an IPO to meet a significant year-end debt repayment deadline. Creditors demand that Agarwal pay off a major loan if the IPO isn't completed by October. The startup aims for a valuation of up to USD 5 billion, with Agarwal holding a significant stake.
Oyo founder Ritesh Agarwal is accelerating plans for an IPO to meet a significant year-end debt repayment deadline. Creditors demand that Agarwal pay off a major loan if the IPO isn't completed by October. The startup aims for a valuation of up to USD 5 billion, with Agarwal holding a significant stake.
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