Airbnb checks into Oyo rooms, invests $150-200 million
Last year, the unicorn start-up had managed to raise more than $1 billion from investors.
- After the deal, Oyo's more than 10,000 homes and villas will be listed on Airbnb in India, Dubai and few other markets.
- Maninder Gulati, global chief strategy officer at OYO Hotels & Homes
- As claimed by the company, Oyo is operating in 259 cities, with more than 8,700 buildings and over 173,000 rooms.