Airbnb backs Oyo with $150-200 million - newsbox

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Tuesday, April 2, 2019

Airbnb backs Oyo with $150-200 million

With this, Airbnb joins the league of top-tier investors in Oyo like Didi Chuxing, Grab and SoftBank, which led the series-E funding for the startup, valuing it at $5 billion. This also marks one of the first such investments where a major US-based private internet company has backed an Indian startup.

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