IDG’s Sudhir Sethi, PepsiCo’s Praveen Someshwar invest in Stay Simple

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Ocio Hospitality Pvt Ltd, operator of the budget resorts chain Stay Simple Resorts, has received Rs 5 crore (around $750,000) in investment from the family office of IDG Venture chairman and managing director Sudhir Sethi and wife Shalini Sethi along with Praveen Someshwar, sales head at PepsiCo Asia-Pacific.Bangalore-based Stay Simple ......