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25 April 2017

Big Deal: Oyo to make room for $250m

SoftBank is reportedly set to invest $225m to lead the hotel booking platform's latest round as part of a large-scale Indian online services investment strategy.

Author: Robert Lavine, News Editor

Telecommunications and internet group SoftBank is set to lead a $250m funding round for India-based short-term accommodation provider Oyo Rooms, the Economic Times reported yesterday, citing three people familiar with the matter