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India Digest: TVS to buy Ion Mobility; Oyo investors eye stake sale; ShareChat cuts jobs

India Digest: TVS to buy Ion Mobility; Oyo investors eye stake sale; ShareChat cuts jobs

Visual from OYO website

TVS Motor is acquiring ION Mobility at a discount, while early investors in Oyo are in talks with family offices to sell part of their stakes in the hospitality startup. Meanwhile, Google-backed ShareChat is laying off 30-40 employees.

Edited by: Joymitra Rai

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