Hospitality startup Oyo’s early investors, such as Lightspeed Venture Partners, are in talks with family offices to divest a portion of their stake at a valuation of around $3.9 billion, sources told us. This stake sale is at a premium of more than 60% to the Rs 1,457 crore funding round in August 2024 when top family offices invested in the now profitable hospitality startup.
Zomato shares advance 7% as CLSA adds stock to ‘high conviction overweight’, raises target price to Rs 400
Zomato share price: CLSA has reiterated its bullish stance on Zomato, adding the stock to its “High Conviction Overweight” list and raising the target price