Budget hotel chain OYO Rooms raises ₹150 crore

Our Bureau New Delhi | Updated on March 25, 2015



Budget hotel chain OYO Rooms has raised ₹ 150 crore from Greenoaks Capital and its existing investors Lightspeed and Sequoia, the company said in a statement. The two-year-old company, from one hotel in Gurgaon, has grown to more than 200 hotels in 10 cities. It aims to expand its network to 1,000 hotels in 25 cities by this year end, the statement added.

Published on March 25, 2015

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