OYO Raises $75 mn from Airbnb

OYO Raises $75 mn from Airbnb

  • OYO which is a homegrown hospitality unicorn startup has now secured an investment of $75 Million from the San Francisco based Airbnb.
  • Airbnb investment in the OYO is now aimed at expanding its offerings from the staple home rentals by gaining access to the firm inventory of leased and franchised hotels.
  • Airbnb as of now operates in more than 191 countries which provides the homestays that range from both the private rooms to the islands and manors.

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