Oyo, an India-based network of budget-oriented hotels, said last week that it had raised $800 million in financing, led by SoftBank. Investors pledged an additional $200 million to come. Before this, the company had disclosed $446 million in fundraising. The deal placed an approximate $5 billion valuation on a company, according to reports. The development is leading … Continue reading Oyo’s $1 Billion Fundraising Raises Strategy Questions for Hotel Chains