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Oyo Rooms raising $90 mn from SoftBank, others

Tuesday, August 16, 2016 | More »

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Delhi-based Oravel Stays Pvt. Ltd, which runs the branded budget hotels marketplace Oyo Rooms, is raising $90 million (Rs 600 crore) from existing Japanese investor SoftBank Group Corp, according to a report. The Times of India reported that Oyo has already received $61 million and will receive the ...