OYO Navigates New Horizons: Apollo Steps In with $660 Million Refinancing Amid IPO Delay
In the ever-evolving landscape of the global hospitality industry, OYO Hotels & Homes, the Indian unicorn sensation, has found itself at a crossroads. As the eagerly anticipated Initial Public Offering (IPO) faced unexpected delays, OYO has deftly manoeuvred to secure a lifeline in the form of a $660 million refinancing deal with Apollo Global Management.