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ritesh agarwal oyo

Softbank-backed Oyo Hotels Raising $1.5B to Expand into US, Europe

2019/10/07 by Michael Cole Leave a Comment

Indian hospitality group Oyo Hotels and Homes today announced that it is raising $1.5 billion to continue its expansion into the US, Europe and other global markets.

25-year-old Oyo founder Ritesh Agarwal is leading the financing round with support from… Read More>>

Masayoshi Son Softbank

SoftBank Cuts Planned $16B Investment in WeWork by 88%

2019/01/08 by Jan Kot Leave a Comment

Tech investor Softbank has agreed to invest a fresh $2 billion in the shared space giant formerly known as WeWork, according to an announcement on Tuesday by the co-working pioneer.

The new investment represents around 12 percent of the $16… Read More>>

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