Grab invests $100M into India’s OYO to expand its budget hotel service in Southeast Asia

Grab invests $100M into India’s OYO to expand its budget hotel service in Southeast Asia

Southeast Asian ride-hailing firm Grab has made its most ambitious investment to date after it backed India-headquartered budget hotel network OYO to the tune of $100 million. The investment was part of a $1 billion Series E round led by SoftBank’s Vision Fund that closed back in September. The deal was first made public via a Read more about Grab invests $100M into India’s OYO to expand its budget hotel service in Southeast Asia[…]