J . Sagar Associates advised Microsoft Corporation (Microsoft) in its USD 5 Million investment in Oravel Stays Private Limited (OYO) by way of subscription to equity shares and compulsorily convertible cumulative preference shares. OYO is involved in the business of operating budget hospitality chain under the brand name OYO. The deal value was USD 5 Million. The JSA team comprised of Lalit Kumar, Lead Partner and Amandeep Singh Virk, Senior Associate.