In India, Oravel Stays Pvt.’s Oyo Rooms, recently declined funding from new investor to avoidia drawn-out discussion about the company’s valuation, according to The Wall street Journal; to avoid an escape from cash before the last the year; the starting is also cutting cost and no longer lose money of hotel room to into th books.
In India, Oravel Stays Pvt.’s Oyo Rooms, recently declined funding from new investors to avoid a drawn-out discussion over the company’s valuation, according to The Wall street Journal. To avoid running out of cash before the end of the year, the startup is also cutting costs and no longer loses money on each hotel room it books.