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Grab invests $100M into India’s OYO to expand its budget hotel service in Southeast Asia – TechCrunch

Grab invests $100M into India’s OYO to expand its budget hotel service in Southeast Asia – TechCrunch Southeast Asian ride-hailing firm Grab has made its most ambitious investment to date after it backed India-headquartered budget hotel network OYO to the tune of $100 million. The investment was part of a …

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India’s budget hotel startup OYO raises $1B for international growth – TechCrunch

India’s budget hotel startup OYO raises $1B for international growth – TechCrunch OYO, the India-based startup that operates a network of budget hotels, has pulled in $1 billion in new funding to grow its business in China and expand into other international markets. The majority of the funding — $800 million, …

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India’s budget hotel network unicorn OYO expands into China – TechCrunch

India’s budget hotel network unicorn OYO expands into China – TechCrunch The tech world sees plenty of Chinese companies move into India — including the likes of Alibaba and Xiaomi — but few expand the other way. OYO Rooms, the billion-dollar Indian startup that pioneered budget hotel networks, is looking to …

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The deal that never was: OYO says it didn’t acquire rival ZO Rooms after all

There’s closure around one of the most curious tech deals out of India in recent times, but it isn’t the conclusion most will expect. OYO Rooms, the budget hotel network that raised $250 million in September from SoftBank’s Vision Fund and hotel giant China Lodging, confirmed today that it didn’t …

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