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Madhuri Dixit, Gauri Khan, Amrita Rao to buy OYO shares

Bollywood

Madhuri Dixit, Gauri Khan, Amrita Rao to buy OYO shares

Madhuri Dixit, Gauri Khan, Amrita Rao to buy OYO shares

Madhuri Dixit, Gauri Khan, Amrita Rao to buy OYO shares

Afresh, there is a growing trend of Bollywood and celebrities diversifying their investment bets into high-growth startups aiming for handsome returns once these companies go public.

Recently, actresses Actors Madhuri Dixit, Amrita Rao, and producer Gauri Khan have acquired shares of travel tech platform OYO.

Notedly, Gauri Khan bought 2.4 million shares of OYO.

The recent Series G funding round concluded in August 2024 where the company raised over
Rs 1,400 crore from a consortium of investors.

An email to Gauri Khan’s team seeking a comment remained unanswered.

The company in a statement revealed that 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.

Another Indian celebrity couple Amrita Rao and her husband Anmol Sood, a popular radio jockey, also bought OYO shares in the secondary market, the company shared.

Reports also reveal that Nuvama Wealth recently acquired shares worth Rs 100 crore in the travel major at Rs 53 per share on behalf of its investors, a clutch of family offices, through a secondary transaction.

This translates into a valuation of $4.6 bn for the company.

News Edit KV Raman

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