comScore Celebrities Invest in OYO as Travel Tech Firm Gains Momentum

Gujarat News, Gujarati News, Latest Gujarati News, Gujarat Breaking News, Gujarat Samachar.

Latest Gujarati News, Breaking News in Gujarati, Gujarat Samachar, ગુજરાતી સમાચાર, Gujarati News Live, Gujarati News Channel, Gujarati News Today, National Gujarati News, International Gujarati News, Sports Gujarati News, Exclusive Gujarati News, Coronavirus Gujarati News, Entertainment Gujarati News, Business Gujarati News, Technology Gujarati News, Automobile Gujarati News, Elections 2022 Gujarati News, Viral Social News in Gujarati, Indian Politics News in Gujarati, Gujarati News Headlines, World News In Gujarati, Cricket News In Gujarati

Vibes Of India
Vibes Of India

Celebrities Invest in OYO as Travel Tech Firm Gains Momentum

| Updated: January 12, 2025 19:37

Bollywood stars Madhuri Dixit, Amrita Rao, and producer Gauri Khan are among the high-profile investors who have recently acquired shares in the travel tech platform OYO. 

Gauri Khan reportedly purchased 2.4 million shares of OYO during the company’s Series G funding round, which concluded in August 2024. The round raised over Rs 1,400 crore from a consortium of investors. 

A growing number of celebrities are diversifying their investments into high-growth startups, aiming for significant returns as these companies prepare to go public.

In a statement, OYO confirmed that Madhuri Dixit, her husband Dr Sriram Nene, and Dr Ritesh Malik—founder of Innov8, founding member of Plaksha University, and angel investor—jointly acquired 2 million shares at an undisclosed valuation.

Actor Amrita Rao and her husband Anmol Sood, a renowned radio jockey, also bought shares in OYO through the secondary market, according to the company.

Separately, Nuvama Wealth had recently facilitated a secondary transaction on behalf of its investors, including several family offices. The transaction, valued at Rs 100 crore at Rs 53 per share, places OYO’s overall valuation at $4.6 billion.

Also Read: Bumrah’s Back Injury Puts Champions Trophy Participation in Doubt

Your email address will not be published. Required fields are marked *