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OYO raises $100M from SoftBank & existing investors to expand branded budget hotels

Monday, August 3, 2015 | More »

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Delhi-based Oravel Stays Pvt Ltd, which runs the branded budget hotels marketplace OYORooms.com, has raised $100 million (Rs 635 crore) in a fresh round of funding led by Japanese tech conglomerate SoftBank. Existing investors Sequoia Capital India, Lightspeed Venture Partners and Greenoaks Capita...

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Branded marketplace for budget hotels OYO claims to book 50K room nights a month

Delhi-based Oravel Stays Pvt Ltd, which runs an online branded marketplace for budget hotels OYORooms.com, claims to register more than 50,000 room nights a month and is aiming to grow it six-fold by the end of this year. The firm just closed a large VC round raising Rs 150 crore ($24 million) from ...

9 April, 2015 | More »