India’s OYO raises $807m from SoftBank, founder-led RA Hospitality

Visual from OYO website

Indian hospitality major Oyo Hotels & Homes (OYO) has secured about $807 million in Series F funding from two of its existing backers — SVF India Holdings, a wholly owned subsidiary of SoftBank Vision Fund, and RA Hospitality.

OYO founder Ritesh Agarwal controls RA Hospitality Holdings (Cayman), which held 24.55 per cent of the paid-up share capital of the company prior to the latest infusion.

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