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OYO adds another feather in its cap; on-boards SoftBank as partner-in-vision

New Delhi-based Oravel Stays Private Limited owned and operated OYO Rooms, India’s largest branded network of budget hotels, announced that it had raised $100 million in fresh round of funding led by Japan’s SoftBank Group, with participation from existing investors, including Greenoaks Capital, Sequoia Capital and Lightspeed India. OYO plans to use the raised fund […]