OYO Raises $1 Bn At $5 Bn Valuation To Solidify India Position, Expand Global Footprint

OYO has already raised $800 Mn and confirmed a further commitment of $200 Mn in financing in its latest round of funding

The strategic investment in OYO is being made by SoftBank Vision Fund, Lightspeed Venture Partners, Sequoia, and Greenoaks Capital

The new financing will boost OYO’s efforts to further strengthen its market position in its home markets, India and China, and support its international expansion plans

NewsAhoyChef!OYOComment