Indian hotel-booking startup Oyo is raising $1.5B at a $10B valuation, of which $700M is from the founder Ritesh Agarwal, who plans to raise his stake to 30% (Saritha Rai/Bloomberg)
Saritha Rai / Bloomberg: Indian hotel-booking startup Oyo is raising $1.5B at a $10B valuation, of which $700M is from the founder Ritesh Agarwal, who plans to raise his stake to 30% — – 25-year-old founder will spend $700 million for new shares — Existing investors such as SoftBank, Sequoia will add the rest Indian
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