Grab invested $100m in OYO.

Synopsis

Grab, a Singapore-based technology company that offers ride-hailing, ride sharing, food delivery service and logistics services, invested $100m in OYO, an Indian hotel-reservations startup. The investment by Grab is part of the $1bn fund raise OYO announced in September in a bid to grow its business in India and China, and expand into new international markets.

Principals

target

Oravel Stays Pvt

bidder

Grab Taxi

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Bidder Team (1)

anthony tan

CEO at GRAB TAXI

Manager

bidder

Deals

£ 30.17 B

Total Value

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