Tuesday 25 September 2018

SoftBank, others book a $5-billion room for OYO at unicorn club

SoftBank Vision Fund, the world’s largest private technology investor, has led an $800 million funding round in hospitality company OYO, in the process vaulting the five-year-old startup into the unicorn club of private companies valued over a billion dollars. 

Joining SoftBank are other existing investors — Sequoia Capital, Lightspeed Venture Partners and Greenoaks Capital. The fundraise includes an additional commitment of $200 million. The latest round values OYO, which was founded b .. 

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