OYO in talks with Malaysian wealth fund for $400m raise
India: Indian hospitality chain OYO is reportedly in discussions with Malaysian sovereign wealth fund Khazanah Nasional Berhad ahead of a potential pre-IPO $400 million funding round, according to people familiar with the matter.
Overmoon emerges from stealth with $80m debt and equity funding
US: Tech-enabled vacation rental platform Overmoon has emerged from stealth by raising $80 million in equity and debt funding.
Glamping startup Kampaoh raises €14m for European expansion
Spain: Seville-based glamping startup Kampaoh has announced that it has closed a €14 million round of financing to drive its expansion plan across Europe.
Airbnb considering convertible note debt solution
US: According to reports by Bloomberg News, Airbnb is discussing using a convertible note in order to help combat future debt issues. The strategy is a way for companies in need of liquidity to acquire funds without overwhelming their debt capacity. A convertible note allows investors to convert a debt obligation into equity at any […]