The Gurugram-based

The Gurugram-based medical devices manufacturer aims to deploy the fresh funds to enhance manufacturing capabilities, bolster research and development (R&D), and accelerate business development initiatives.

The raised funds will be used to expand operations, strengthen the team, and accelerate the transition of traditional buses to electric vehicles (EVs).

The raised funds will support OYO's growth, global expansion, and enhanced business plans.

The Gurugram-based company will use the fresh proceeds towards building a carbon-efficient food supply chain.