Sunday, April 28, 2024
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Despite posting significant revenue in the 2021-22 financial year, Open did not cross the Rs 50 crore revenue mark and its losses widened to Rs 167 crore from Rs 65.6 crore during the period

The firm has reportedly begun conversations with investors to return money it has drawn down

The filing offers OYO greater flexibility on the size of the issue during the initial stages of the process and allows the company to change the primary issue size by up to 50 per cent until the updated DRHP stage

The strategic collaboration is designed to help businesses provide tailored conversational experiences to customers across all channels while also improving the efficiency of support operations through the use of AI-powered tools, bots and analytics on an...