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Oyo gets a USD 250 mn infusion from Softbank

Oyo gets a USD 250 mn infusion from Softbank to fight MakeMyTrip, others

This is Softbank Vision Fund's second big investment in India after a massive USD 2.5 billion round in Flipkart, last month.

OYO Rooms grabs another $90mn from SoftBank to take on competition, strengthen new offering

Budget hotel aggregator OYO Rooms is closing a $90-million financing round. The funding is led by its largest shareholder, SoftBank.