India Digest: US firm C2FO buys Priority Vendor; Oyo plans to enter wedding biz

India Digest: US firm C2FO buys Priority Vendor; Oyo plans to enter wedding biz

The logo of OYO, India's largest and fastest-growing hotel chain, installed on a hotel building is seen through wires in an alley in New Delhi, India, September 25, 2018. REUTERS/Anushree Fadnavis

In a recent M&A development, US-headquartered fintech company C2FO has acquired Noida-based payment platform Priority Vendor. Meanwhile, hospitality giant Oyo is said to foray into the offline retail space this wedding season. The company is reportedly looking to launch a chain of offline stores – in the form of brick and mortar outlets – to sell wedding products and simulate wedding scenarios for customers.

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