Microsoft backs India’s Oyo ahead of IPO – TechCrunchtechcrunch.com
Microsoft has invested $5 million in Indian budget hotel chain Oyo, according to a regulatory filing this week. The investment confirms a TechCrunch scoop from last month. The new investment values Oyo at $9.6 billion, only slightly below the $10 billion implied valuation from the Indian startup… .... read more
financialexpress.com
The company believes that the newly launched Live Rooms will help content creators in the country and help them improve their audience engagement....
