SoftBank Group-backed Oyo in talks to raise Rs 1,000 cr from family offices

Hospitality chain Oyo is in talks to secure around Rs 1,000 crore, primarily from the family offices of prominent Indian corporate executives and stock market experts, according to sources cited by The Economic Times.

The potential investors include corporate strategy advisor Anand Jain, Mankind Pharma promoter brothers Ramesh and Rajeev Juneja, and Utpal Sheth, a close associate of the late market expert Rakesh Jhunjhunwala, the report added.