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OYO valuation crosses $9 Bn after Hindustan Media Ventures investment

Shortpedia

Content Team
Image Credit: shortpedia

Hospitality giant OYO’s valuation has reportedly crossed the $9 Bn mark as a result of the company’s INR 54 Cr fundraise from Hindustan Media Ventures Ltd, as part of the company’s Series F1 funding round. The funding round was reported in January this year. The growth in valuation comes after it dropped to $8 Bn last year from $10 Bn in November 2019.