India's Oyo Rooms in talks to raise up to $800m in fresh funding

India's Oyo Rooms in talks to raise up to $800m in fresh funding

File photo of OYO founder and CEO Ritesh Agarwal and SoftBank CEO Masayoshi Son.

Oyo Rooms has initiated talks to raise $500-800 million in fresh funding, six months after the company raised its last round, four people aware of the development said.

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