Actors Madhuri Dixit, Amrita Rao, and Bollywood producer Gauri Khan are amongst celebs that acquired shares of touring expertise system OYO over the previous few months. Gauri Khan acquired 2.4 million shares of OYO all through the present Series G financing spherical wrapped up in August 2024 the place the enterprise elevated over Rs 1,400 crore from a consortium of financiers, sources knowledgeable PTI. An e-mail to Khan’s group on the lookout for a comment continued to be unanswered. Of late, there’s an increasing fad of stars and celebs increasing their monetary funding wagers proper into high-growth start-ups going for handsome returns as soon as these enterprise go public.
“Madhuri Dixit, her husband Dr Sriram Nene, along with Dr Ritesh Malik, the clinician doctor, founder of flex space company Innov8, founding member of Plaksha University, and angel investor have bought 2 million shares of OYO at an undisclosed valuation”, the enterprise acknowledged in a declaration. Another Indian star pair Amrita Rao and her partner Anmol Sood, a outstanding radio jockey, moreover acquired OYO shares within the second market, the enterprise shared.
PTI had really reported that Nuvama Wealth currently obtained shares price Rs 100 crore within the touring important at Rs 53 per share in assist of its financiers, a clutch of family workplaces, with an extra deal. This equates proper into an analysis of USD 4.6 bn for the enterprise. While the appraisal has really gotten on the expansion, it’s nonetheless an in contrast to the USD 10 billion OYO regulated at its optimum.
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