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Airbnb investment in OYO disclosed to be worth $75 million
short by Arundhati Rawat / on Thursday, 11 April, 2019
US-based home-renting platform Airbnb has invested over ₹517 crore ($75 million) in Gurugram-based hospitality startup OYO Rooms, as per regulatory filings. Airbnb had confirmed its investment in OYO's Series E funding round earlier this month but had not disclosed the funding amount. Earlier, media reports had estimated the deal to be worth $150-200 million.
read more at TechCircle