The round was led by BeeNext Ventures, Europe-based venture capital fund Speedinvest and 3one4 Capital.
The fresh funding is a part of the Series I round, where Zomato raised $210 million from existing investor Ant Financial in October last year.
This is the first investment made by A91 Partners, founded by former Sequoia managing directors V.T. Bharadwaj, Gautam Mago, and Abhay Pandey.
Oyo will begin facilities in Manila, Tagaytay and Cebu with 21 hotels and aims to expand to 10 cities by 2020.
As part of the deal, Nasr Khan, founder and CEO of Nightstay, will lead the hotel booking category at Paytm.
Rivigo has raised $170 million in debt and equity from SAIF Partners, Warburg Pincus and Trifecta Capital among others.
The company will use the fresh capital to expand to new cities and bulk up hiring at leadership positions.
The fresh milk startup is likely to have raised $7-10 million in a Series B funding round.
Until now, Ashish Gupta, chief executive of PolicyBazaar's healthcare venture DocPrime, was the technology and product officer of the company.
Bengaluru-based LetsTransport has raised a total of $18.3 million in three funding rounds so far, including this round.
© Copyright DEALSTREETASIA 2014-2019 All rights reserved.
Forgot your password?
We will never share your information with third parties.
Already have an account? Sign in here
If you don’t already have an account click the button below to create your account.
Unlock your competitive advantage in
rapidly evolving cape. Our packages
come with exclusive access to archive
content, data, discount on summit tickets & more
Be a part of our growing community now.