Technology company Microsoft is set to enter into a multi-year strategic partnership with Indian startup Oyo for the development of next-generation travel and hospitality products.
As per the announcement made on Tuesday, Microsoft has confirmed that it has made a strategic investment by buying shares of Oyo without paying the amount.
According to a lawsuit filed by a regulator last month, Microsoft is set to invest ५० 5 million in an Indian startup. As a result of the investment, Oyo’s assets were valued at Rs 9.60 billion.
The company says Oyo will go to Microsoft Azure for co-development with cloud-based needs and for the benefit of small and medium-sized hotel operators.
“As part of the partnership, Oyo will develop smart rooms on its platform to provide customized room experiences for passengers,” he said. Self check in, KYC collection and IoT based smart lock and virtual assistance will be provided through digital register of in-out using Microsoft’s Azure IoT.
In this regard, Ananta Maheshwari, President, Microsoft India, said, It’s encouraging to see Microsoft Cloud helping digital organizations like Oyo to transform and innovate the industry and turn post-epidemic challenges into opportunities. ”
Indian company Oyo has been working in Nepal by expanding its services. But due to the Kovid 19 epidemic, Nepal’s tourism sector is in trouble and Oyo’s trade is also in trouble.
you may also like to read about: Lal Bahadur Rajwar, Danda Singh, Santa Bahadur, and listen to popular Hindi music of the best singers, and watch movies based on love stories do you also want to play games on iOS, after you get tired and sleepy you can listen and watch to the healing mediation music for deep sleep and relaxation videos in Rajawar mediation music and videos of chicks, hen, dog, and chicken friendship. after visiting natural places on the screen you can take pictures and reduce their size by using the Image Compressor tool the best tool available online to compress images, age calculator, English to Nepali, generate fancy text or fancy text generator to make your text look unique can attract your friends. you can capture the image file and convert them from PNG to JPEG converter online and also image to webp for the smaller size. to share these pictures online you have to use WhatsApp messaging service by downloading WhatsApp software. you can use typing master online to speed up your typing skills. you can convert unit from the unit converter. you can also download youtube thumbnails from a youtube thumbnail downloader. you can look at the Nepali calendar for celebration or festival dates. you can also recover your old photos and videos through CD DVD Recovery Toolbox Software for free and you can share them by posting them to your blogs and websites hosted on the best web hosting platforms or service providers in the world.
