Singapore-based technology company, GrabTaxi Holdings Pte. Ltd. that offers ride-hailing, food delivery service through its app is in advanced discussions to invest $100 million (Rs 697.7 crore) in Indian hospitality chain OYO Hotels & Homes. The proposed investment is expected to be made through A1 Holdings Inc., an entity controlled by Grab, is a part of the OYO’s ongoing $1billion […]
Tag: Indonesia
Hospitality firm OYO on Thursday announced its launch in Indonesia after entering into the markets of UK and Dubai this year. Starting operations with over 30 exclusive hotels and more than 1,000 rooms in three cities — Jakarta, Surabaya, and Palembang — the company is ready to offer benefits of its hospitality experience to asset […]