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Oyo Hotels raises $1 billion from Softbank, Lightspeed, Sequoia and Greenoaks Capital

Updated : September 25, 2018 05:35 PM IST

OYO Hotels raised $800 million in its latest funding round led by SoftBank Investment Advisers (SBIA).
The addition $200 million to total the fundraising to $1 billion, the company said, it had received a commitment from the investors for the amount.
The latest fundraising round has given the valuation of $5 billion to OYO hotels, sources told CNBC-TV18.
Oyo Hotels raises $1 billion from Softbank, Lightspeed, Sequoia and Greenoaks Capital
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