Indian budget hotel aggregator OYO raises $250M Series D led by SoftBank Vision Fund, with Sequoia, Lightspeed, Greenoaks, and Hero Enterprise participating (Sumit Chakraberty/Tech in Asia)

Indian budget hotel aggregator OYO raises $250M Series D led by SoftBank Vision Fund, with Sequoia, Lightspeed, Greenoaks, and Hero Enterprise participating (Sumit Chakraberty/Tech in Asia)

Sumit Chakraberty / Tech in Asia:
Indian budget hotel aggregator OYO raises $250M Series D led by SoftBank Vision Fund, with Sequoia, Lightspeed, Greenoaks, and Hero Enterprise participating  —  Japanese giant SoftBank is keeping its faith in India's budget accommodation provider Oyo, despite its mounting losses and growing competition.

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