Softbank

SoftBank-backed Oyo Hotels & Rooms has shortlisted JP Morgan, Kotak Mahindra Capital and Citi for its more than USD 1.2 billion initial public offering in India

If you have been living under a rock and is oblivious to what happened to WeWork’s controversial IPO, let us jog the timeline of events.

Fresh from receiving a significant investment from Airbnb, Indian unicorn Oyo has struck a joint venture with Softbank Corp. to launch a hotel business in Japan.