Greenoaks leads $25m investment in India hotel marketplace
US investment firm Greenoaks Capital has led a INR1.5 billion ($24 million) investment in Oravel Stays, the start-up behind India-focused online budget hotel marketplace OyoRooms.com.
Existing investors Lightspeed Venture Partners, Sequoia Capital and DSG Consumer Partners also participated in the round. Oravel was established in 2012 and launched Oravel.com, a marketplace for boutique...
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