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

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 $1 billion Series E round�led by SoftBank?s Vision Fund that closed back in September. The deal was first made public via a [?]

Update: 2018-12-07 07:20 GMT
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