Airbnb in talks to invest up to $200 million in OYO: Report

US-based home rental startup Airbnb is reportedly in talks to invest around $100 million to $200 million in Gurugram-based budget hospitality startup OYO in a bid to enter hotel business in India and China. Launched in 2013 by Ritesh Agarwal, the $5-billion startup recently announced an investment of around $200 million in its India and South Asia businesses.