India Dealbook: OYO raises $6m debt; GoMechanic snags $5m from Sequoia

India Dealbook: OYO raises $6m debt; GoMechanic snags $5m from Sequoia

Photo: DEALSTREETASIA

Hospitality chain OYO Hotels & Homes has garnered Rs 50 crore ($6.9 million) in debt from MyPreferred Transformation. In a separate development, Sequoia Capital has invested $5 million (Rs 35.69 crore) in automobile repair and service solution startup GoMechanic.