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Khazanah in talks to lead Oyo Hotel’s $400 million fund raise
short by Shreya Sur / on Thursday, 25 January, 2024
Malaysia's Khazanah Nasional Berhad, the sovereign wealth fund, is reportedly in talks to spearhead a $400 million investment in Oyo Hotels & Homes Pvt. Ltd. The Indian lodging firm, supported by Softbank Group Corp., aims to raise capital for expansion and debt reduction, as per sources familiar with the negotiations.
read more at NDTV Profit