OYO Snaps Up Paris-Based Checkmyguest For $27.4 Mn
Just a few days after raising INR 1,457 Cr (around $175 Mn) in a down round, hospitality major OYO has now reportedly acquired Paris-based premium rental homes company Checkmyguest for INR 230 Cr ($27.4 Mn) in a cash and stock deal.
Checkmyguest was earlier valued at $110 Mn, according to multiple reports.
The buyout included the housing renovation business HMG, formerly known as Helpmyguest and luxury rental apartment management company Studio Prestige, based on the report.
https://inc42.com/buzz/oyo-snaps-up-paris-based-checkmyguest-for-27-4-mn-report/
