AZB & Partners Acted for Oravel Stays Limited (OYO)

AZB & Partners acted for Oravel Stays Limited (“OYO”) on the issuance of certain Series G preference shares to InCred, on a fully diluted basis for a consideration of USD 50 Million. OYO is engaged in the business of providing a technology platform to customers for hotel and accommodation bookings owned by third parties. Our deal team comprised our Senior Partner Niladri Maulik, Partner Anshuman Vikram Singh and Associate Mohit Sharma.