Oyo Grows 15x, Turns Profitable; Snapdeal’s GMV Grew By 90% Says Softbank

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Softbank announced its earnings report for the fiscal year ending March 31, 2016, today. As per the report, Softbank backed OYO, Snapdeal, Ola, and Hike have posted substantial YoY  growth. A month after raising $100 Mn in its fifth round of funding from existing investors, branded budget-hotel marketplace OYO Rooms claims to have unit profitability […]

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