Microsoft Checks In OYO With Strategic Investment At $9 Bn Valuation
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Microsoft is reportedly buying a small stake now, but it has the option to raise ownership later
OYO became the first Indian startup to be rated by international ratings agency Moody’s and Fitch ahead of it term loan B fund raise
Microsoft, which had been investing in India through its venture fund M12 since 2019, launched its India office in June 2020
US-based tech giant Microsoft has finalised a strategic investment for an undisclosed amount in SoftBank-backed OYO Hotels & Homes as the startup looks towards a possible listing opportunity, according to reports.
Microsoft in talks to buy stake in OYO, sources say
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