Chinese ride-hailing app operator Didi Chuxing has invested $100 million in India-based online hospitality platform Oyo to close its $1 billion Series E round announced last year.
The round values Oyo at around $5 billion. SoftBank Vision Fund led the initial $800 million tranche, while Didi’s Southeast Asian counterpart Grab committed another $100 million in December. Didi's...
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Endiya Partners, an early-stage VC investor based in India, has achieved a first close of $40 million for its second fund. The target is $70 million.