Oyo Rooms raises $800 Mn from SoftBank & other existing investors
It has also received commitment for additional $200 Mn funding
It has become the first hospitality company to join the unicorn club
Company will use large parts of funds for expanding business in China
India’s biggest…
OYO Rooms in Talks to Raise Fresh Funds from SoftBank.
Budget hotel aggregator startup OYO Rooms is holding discussions to raise $500-$800 Mn through a new funding round from SoftBank, according to people familiar with the matter. The development comes barely six months after OYO Rooms secured $250 Mn from SoftBank, followed immediately by another 10…
