Friday, 24 March, 2023

Microsoft signs multi-year strategic deal to invest in Oyo

<p>Microsoft has announced a &quot;multi-year strategic alliance&quot; with India&#39;s hotel chain Oyo, aiming to develop &quot;next-gen&quot; travel and hospitality products. Microsoft invested $5M in Oyo last month, taking the startup&#39;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> <p>&nbsp;</p>