India: Oyo Rooms looks to buy struggling rival Zo Rooms

India: Oyo Rooms looks to buy struggling rival Zo Rooms

Visuals taken from OYO Rooms website

Budget hotel site Oyo Rooms (Oravel Stays Pvt. Ltd) has expressed interest in buying smaller rival Zo Rooms, which is scrambling to raise a fresh round of funds in order to avoid being sold, three people familiar with the matter said.

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