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Startups

Oyo chief confident of weathering pandemic despite 50% revenue drop

Latest $1bn fundraising from SoftBank will last longer than 3 years, Agarwal says

TOKYO --- The founder of Oyo Hotels and Homes, one of India's fastest-growing startups, is confident that the budget hotel chain can weather the COVID-19 crisis, citing a $1 billion war chest that will last "three years plus," Ritesh Agarwal said Thursday.

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