Oyo officials informed the regulator about a partial prepayment of $200 million of the company's outstanding term loan B from its books, they said. They also gave an update on the company's financial parameters in the last four quarters.
Oyo has offered to work closely to clear all Sebi queries in a timely manner and have also indicated that capital market conditions are conducive to go public, sources said. Besides Oyo, startups such as FirstCry, Ola Eletric and Garuda Aerospace are also expected to go public this year.
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Murdoch ally helps Ambani build media empire in India
SOHEE KIM PR SANJAI
Pandya, Dube & Rinku: Can they finish for India at T20 World Cup?
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India-made Daimler's electric mini truck to hit the road soon
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Samsung eyes â¹10,000 cr from India TV biz this year
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Microsoft AI Copilot speed boost for coding
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Language models in consumer tech
This move is designed to ensure better user experience & privacy
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