Oyo still has $1b in cash as pandemic-hit 2020 ends
Its CEO Ritesh Agarwal added that Oyo has achieved roughly “85% of the gross margin dollars” of its pre-Covid-19 levels….
The latest deal involves an additional investment, acquisition of early investors’ stakes, and a strategic alliance. Source link
The series B round was led by Chinese VC firm Qiming Venture Partners, alongside Jungle Ventures and its network of…
French hotel chain Accor was earlier reported to be in advanced talks for a US$40 million investment in the company….
Outpost transforms underperforming hotel properties in Asia Pacific into communal work and living spaces. Source link