Friday, 24 March, 2023
Microsoft signs multi-year strategic deal to invest in Oyo
<p>Microsoft has announced a "multi-year strategic alliance" with India's hotel chain Oyo, aiming to develop "next-gen" travel and hospitality products. Microsoft invested $5M in Oyo last month, taking the startup's valuation to $9.6B. Oyo will use Microsoft Azure for its cloud-based needs and develop solutions with help from Microsoft for its small and medium-sized hotel clients.</p>
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Read full story at Techcrunch
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