Airbnb backs Oyo with $150-200 million - Times of India
India Business News: With this, Airbnb joins the league of top-tier investors in Oyo like Didi Chuxing, Grab and SoftBank, which led the series-E funding for the startup,
- BENGALURU: San Francisco-based home-renting major Airbnb has picked up a stake in hotels-to-co-living startup Oyo, according to an announcement by both the companies.
- Airbnb co-founder and chief strategy officer Nathan Blecharczyk had told TOI in February that the company has about 45,000 listings in India.
- According to him, Airbnb, which entered India around four-and-a-half years ago, has served just under 2 million Indian users.