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The logo of OYO, India’s largest and most dynamic hotel chain, is installed on a hotel building in New Delhi, India on April 3, 2019. REUTERS / Adnan Abidi / File Photo
BENGALURU, Sept. 23 (Reuters) – Indian start-up Oyo Hotels and Rooms, backed by SoftBank Group (9984.T), is expected to file an initial public offering next week to raise around $ 1 billion, the Economic reported Times, citing banking sources.
Report by Rama Venkat in Bengaluru; Editing by Arun Koyyur
Our Standards: Thomson Reuters Trust Principles.
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