NEW DELHI -- Flush with funds, low-cost hotel startup Oyo plans to invest $800 million to bolster its presence in India and China, the two countries it describes as "home markets."
Companies
Oyo pledges $800m to upgrade hotels in India and China
SoftBank-backed unicorn uses enlarged war chest to bolster presence
An Oyo hotel in Noida, near New Delhi. (Photo by Akira Kodaka)
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