Microsoft Invests in OYO

J. Sagar Associates (JSA) advised Microsoft Corporation (Microsoft) in its USD 5 Million investment in Oravel Stays Private Limited (OYO) by way of subscription to equity shares and compulsorily convertible cumulative preference shares. OYO is involved in the business of operating budget hospitality chain under the brand name OYO.

The deal value was USD 5 Million

JSA Team comprised of Lead Partner – Lalit Kumar and Senior Associate – Amandeep Singh Virk.