San Francisco-headquartered home renting firm Airbnb has invested about $75 million in the Series E funding round of Indian hospitality company Oyo Hotels & Homes (OYO). For OYO, too, it’s a steal deal as it has been expanding aggressively in overseas markets. OYO will invest Rs 1,400 crore ($200 million) to expand its businesses within the country and in South Asia, particularly Nepal, in 2019.

(Dealstreet Asia)