OYO Hotels & Homes to raise $1.5bn for global expansion

India: As part of plans to expand into the U.S. and European markets, lodging startup OYO Hotels & Homes is raising $1.5 billion in a Series F funding round through founder and CEO, Ritesh Agarwal, Softbank Group and other investors. Agarwal, through RA Hospitality Holdings, is set to inject $700 million into buying new shares […]