OYO raises INR 54 Cr from HT’s Hindustan Media Ventures
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Hospitality unicorn OYO has raised INR 54 Cr (over $7.5 Mn) from Hindustan Media Ventures as part of Series F1 round, according to a regulatory filing by the company. Hindustan Media Ventures is majority owned by HT Media Ltd, which publishes Hindustan Times among other publications. Last month, OYO laid off around 300 employees this month, according to report.