Oyo parent raises Rs 1,457 crore in latest funding round

Oravel Stays Ltd, the parent company of OYO, secured Rs 1,457 crore from several investors, including InCred Wealth, J&A Partners, and ASK Financial Holdings. This funding round will aid OYO's growth and global expansion. Additionally, Sumer Juneja from SoftBank was appointed as a Non-Executive Director on the company's Board.
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