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OYO secures $103.4 M from Indonesian ride-hailing giant Grab as a part of its $1 B round

5 5 111
07.12.2018

Gurgaon-based hotel brand OYO has raised $100 million from Indonesian ride-hailing giant Grab, according to the company's Registrar of Companies (RoC) filings. In September, OYO had attained unicorn status with a total commitment of $1 billion. It had then raised $800 million in a round of funding led by SoftBank Investment Advisers (SBIA) through SoftBank Vision Fund, with participation from existing investors Lightspeed Venture Partners, Sequoia and Greenoaks Capital.

The new unicorn had also confirmed it........

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