Actors Madhuri Dixit, Amrita Rao, and Bollywood manufacturer Gauri Khan are amongst celebs that acquired shares of traveling technology system OYO over the previous couple of months. Gauri Khan acquired 2.4 million shares of OYO throughout the current Series G financing round wrapped up in August 2024 where the business elevated over Rs 1,400 crore from a consortium of financiers, resources informed PTI. An e-mail to Khan’s group looking for a remark continued to be unanswered. Of late, there is an expanding fad of stars and celebs expanding their financial investment wagers right into high-growth start-ups going for good-looking returns once these business 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 business stated in a declaration. Another Indian star pair Amrita Rao and her spouse Anmol Sood, a prominent radio jockey, additionally acquired OYO shares in the second market, the business shared.
PTI had actually reported that Nuvama Wealth lately obtained shares worth Rs 100 crore in the traveling significant at Rs 53 per share in support of its financiers, a clutch of household workplaces, with an additional deal. This equates right into an evaluation of USD 4.6 bn for the business. While the appraisal has actually gotten on the growth, it is still an unlike the USD 10 billion OYO regulated at its optimal.
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