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September 25, 2018 08:42 am GMT

Indias budget hotel startup OYO raises $1B for international growth

OYO, the India-based startup that operates a network of budget hotels, has pulled in $1 billion in new funding to grow its business in China and expand into other international markets. The majority of the funding— $800 million, tobe exact — was led bySoftBank’s Vision Fund with participation from Lightspeed, Sequoia and Greenoaks Capital. OYO […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/jas-ix2S-1Q/

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