Indian Hotel-Booking Startup Oyo Raises $1 Billion to Fund Overseas Push
The logo of OYO Rooms, operated by Oravel Stays Pvt, is displayed outside a hotel in Ooty, Tamil Nadu, India (Photographer: Dhiraj Singh/Bloomberg)  

Indian Hotel-Booking Startup Oyo Raises $1 Billion to Fund Overseas Push

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(Bloomberg) -- Oyo Hotels, an Indian startup for booking reliable rooms in the country’s chaotic lodging market, is raising $1 billion to fund expansion into China and other global regions.
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