SoftBank Vision Fund's Sumer Juneja to join Oyo's board as non-exec director, pending shareholder approval.

SoftBank Vision Fund's Sumer Juneja, Managing Partner & Head of EMEA & India Investing, is expected to join Oyo's board as a non-executive director, pending shareholder approval, showing SoftBank's ongoing interest in the company's growth, especially in international markets. His appointment follows the departure of Munish Varma in 2021 and comes after Oyo reported its first profitable fiscal year.

July 14, 2024
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