https://techcrunch.com/2021/09/22/indias-oyo-to-file-for-1-billion-ipo/

Indian budget hotel chain startup Oyo is looking to file for an initial public offering as soon as next week, people familiar with the matter told TechCrunch, joining a handful of firms in the world’s second largest market that are working to explore the public markets.

The seven-year-old startup, founded by 27-year-old Ritesh Agarwal, is planning to raise as much as $1.2 billion in the IPO and seek a valuation of over $11 billion, the people said, requesting anonymity discussing private matters.