India: Oyo Rooms raising $100m from return backers SoftBank, Sequoia: Report

India: Oyo Rooms raising $100m from return backers SoftBank, Sequoia: Report

OYO Rooms founder Ritesh Agarwal. Photo: Ramesh Pathania/Mint

Budget hotel platform Oyo Rooms has raised $100 million in its fifth round of funding from existing investors including SoftBank, Sequoia Capital and an unnamed international sovereign fund, according to a report in Hindustan Times that quoted an unnamed source.

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