Oyo, the Indian budget-hotel chain startup, is negotiating with investors to raise a new round of funding that could cut the Indian firm’s valuation to $3 billion or lower, three sources familiar with ...

SoftBank, the largest investor in Oyo, has cut the Indian hotel chain’s valuation to $2.7 billion at a time when the startup is months away from going public, a source familiar with the matter said.

Another startup backed by SoftBank Group Vision Fund could be headed for disaster. India-based discount hotel brand Oyo has expanded at a breathtaking pace since its founding six years ago by ...

Microsoft is considering an investment in the hospitality industry. The computer and software giant is in advanced talks to invest in India-based, Airbnb-backed hotel operator Oyo, Tech Crunch reports ...