- US-based home renting startup AirBnB has reportedly picked up a stake in Oyo Rooms.
- The investment, which is being touted at around $150-200 million, has been confirmed by Maninder Gulati, Global Chief Strategy Officer at OYO Hotels & Homes to a business daily.
- "As the 6th largest hotel chain operator in the world, we at, OYO Hotels & Homes, are committed to offering our guests and travelers around the world, great quality living spaces.
- IndianWeb2 first reported about the possibility of AirBnB's strategic investment in Ola, in last month.
Its Confirmed, AirBnB Invests in OYO's Series E Funding Round
1 April 2019 6:34 AM GMT