SoftBank asks Oyo to get other investors first: Reports
Japanese conglomerate SoftBank has asked Gurugram-headquartered online hotel aggregator Oyo to get new investors, after which it will participate in its fresh funding round, according to reports. This comes amid reports suggesting Oyo is in talks to raise up to $700 million. If the funding round materialises, Oyo might be valued at around $1 billion.