The parent company of the hospitality chain, Oravel Stays, has sprouted two new joint venture(JV ) entities in partnership with its largest investor, SoftBank. The JVs named Mountainia Developers and Hospitality Pvt Ltd and MyPreferred Transformation and Hospitality Pvt Ltd have set up by Oravel Stays in conjunction with SB Topaz, the latter being a SoftBank controlled company.
OYO launches two new joint ventures with Softbank controlled SB Topaz
Date posted: Thursday 26 September 2019