large scale image
LCP Image

Back to TSCFM News

Microsoft announces strategic investment in OYO

September 13, 2021

Microsoft announces strategic investment in OYO
Microsoft and travel tech platform OYO announced that they have entered a partnership to develop next-gen travel and hospitality products and technologies.
OYO will adopt Microsoft Azure as a key enabler to drive cloud-based innovations and reimagine the hospitality and travel tech industry. The solutions will be geared to benefit those who operate the small and medium hotel and home storefronts. Microsoft has also made a strategic equity investment in OYO.
Anant Maheshwari, President, Microsoft India, said, “Combining the power of Azure with the tech and product stack developed by OYO, we are looking forward to accelerating innovation in the travel and hospitality industry”.
As part of this alliance, OYO will develop Smart room experiences for travelers on the OYO platform, such as premium and customized in-room experiences for its guests.
Using Microsoft’s Azure IoT, the experience will include self-check-in supported by the digital register of arrivals and departures and Self-KYC along with IoT-managed smart locks and virtual assistance.

Important Links:

Recommended for you ...

Modi, Mauritius, and Sri Lanka Leaders Unveil Digital Payment Services
Modi, Mauritius, and Sri Lanka Leaders Unveil Digital Payment Services

February 12, 2024

Public Sector Banks Surpassing Private Peers, Investors Reconsidering Choices
Public Sector Banks Surpassing Private Peers, Investors Reconsidering Choices

February 12, 2024

Indian Banks Seek RBI Permission for Global Bond Trading Ahead of Inclusion in Indices
Indian Banks Seek RBI Permission for Global Bond Trading Ahead of Inclusion in Indices

February 12, 2024

Enquire Now
REQUEST A CALLBACK
Chat on WhatsApp