OYO’s Singapore arm secures $200 Mn SoftBank term loan
Shortpedia
Content Team
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The Singaporean subsidiary of hospitality major OYO Hotels & Homes has received a term loan from Japanese VC SoftBank. Recently, OYO’s valuation reclaimed the $9 billion-mark after Hindustan Media Ventures Ltd invested Rs 54 crore or $7.31 million into the company. The company said it planned to utilise the capital in strengthening its technology stack for delivering an improved partner and customer experience.
