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SoftBank-Backed Oravel Said to Face Lower Valuation in India IPO

Source: Bloomberg

IPOs & SPACsTravel & LeisurePrivate Markets & Venture

Oravel Stays Ltd., the SoftBank-backed parent of OYO, is facing investor pushback over the proposed valuation for its planned IPO, according to people familiar with the matter. The article gives no valuation figure or other deal terms.

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