Tag: Indian Sartups
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OYO Raises $660 Million To Repay Past Debts
According to Oyo Hotels and Homes, $660 million was raised by global institutional investors via the term loan financing (TLB) route. Gurugram-based unicorn Oyo Hotels and Homes will use the funds to repay past debts, strengthen it balance sheet, invest in product technology, and to help revive its COVID-hit company. The term loan funding route is […]