MUMBAI (NewsRise) -- Indian hotel-booking startup Oyo Hotels is raising as much as $1 billion from investors led by Japan's SoftBank Group, underscoring the growing investor interest in the country's startups.
Markets
Indian hotel-booking startup Oyo raises $1bn led by Softbank
Japanese group pours $800m into India’s market leader headed by college dropout
Oyo has emerged the market leader India with more than 125,000 rooms as it sought to streamline room bookings in the country’s disorganized lodgings market.
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