MUMBAI (NewsRise) -- Indian start-ups are buzzing with deal activity as investors led by SoftBank revive funding the south Asian nation's Internet companies after almost two years of a lull.
SoftBank's Vision Fund has led a bunch of existing investors such as Sequoia India, Lightspeed Venture Partners and Greenoaks Capital to put in $250 million into Indian hotel aggregator Oyo Rooms. Hero Enterprise, led by Sunil Munjal, a member of the family that controls one of India's largest automotive groups Hero, has also joined as a new investor, Oyo said in a statement on Thursday.
