Microsoft in talks to back India’s Oyo

Indian budget hotel chain Oyo may have lost a significant portion of its business to the pandemic,┬ábut it is inching closer to finding a new investor: Microsoft. Microsoft is in advanced stages of talks to invest in Oyo, valuing the Indian startup at about $9 billion, according to people with knowledge of the matter.┬áThe proposed … Continue reading Microsoft in talks to back India’s Oyo