Oyo Says It Has Acquired Europe-Based Direct Booker Valued at $5.5 Million

Travel and hospitality technology platform Oyo said to have concluded the acquisition of Europe-based company Direct Booker with the transaction valuing the latter at around $5.5 million (roughly Rs. 40 crore). Direct Booker reportedly has over 3,200 homes and serviced 20 lakh customers so far.