Microsoft invests $5 mn in OYO

New Delhi: Satya Nadella-run Microsoft has invested $5 million in Airbnb-backed Indian budget hotel chain OYO taking it valuation to $9 billion, as the hospitality chain plans a potential initial public offering (IPO) soon. According to a regulatory filing by OYO this week, Microsoft Corporation has invested $5 million (nearly Rs 37 crore) in the company […]

Microsoft invests $5 mn in OYO

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