OYO-owned Innov8 sells 3% stake at Rs 1,000 crore valuation to expand co-working business
OYO-owned co-working firm Innov8 has sold 3% stake in the company to investors at a valuation of Rs 1,000 crore to expand its business amid rising demand of flexible workspace, according to sources.
Raymond Family Office has emerged as the lead investor, acquiring nearly 2% share, they added.
Global travel tech platform OYO Group declined to comment.
