Finally Microsoft has added the Restore feature capability to OneDrive for Business.
This feature allows to restore files from any point of time during the last 30 days. If you are an administrator or end user you will be able to use this feature and restore your files to a specific point of time.
Check the below steps to be able to restore your data:
1- Log in to your OneDrive for Business as below and choose settings
2- Choose “Restore Your OneDrive” as below
3- Then choose the period you want to restore your file, you can choose either “One week ago” or “Three weeks ago” or “Custom date and time”
4- Choose “Custom date and time” and choose the period of days and files to restored as below, then click on “Restore”
5- You will get the below confirmation, just confirm by clicking on “Restore”
6- It will start the restore process and you will get confirmation once the restore finish as below
Now, Click on “Return to my OneDrive” and you will find your files restored
This great feature will save cost, effort and worrying about what will happen if i have lost my OneDrive data, and the better thing is it is free of cost
Resources: Microsoft Tech Community