OYO raises $173.5m as valuation drops to $2.4bn

Reading Time: 2 minutesIndia: Oravel Stays, the parent company of Softbank-backed hospitality chain OYO, has raised $173.5 million [Rs 1,457 crore] in a Series G funding round.

Reading Time: 2 minutesIndia: Oravel Stays, the parent company of Softbank-backed hospitality chain OYO, has raised $173.5 million [Rs 1,457 crore] in a Series G funding round.