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Oyo posts sixfold jump in its net loss, revenue increases to USD 951 million

The company’s gross margin in India increased from 10.6% in FY18 to 14.7% in FY19.

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  • It has been backing Indian tech startups since 2014 and is best known for investing in Ola, Mswipe, Bounce, and Quikr.

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    Falcon Edge Capital raises USD 300 million India-focused fund

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