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OYO cashes in another cheque from Swedish billionaire Martin HP Söderström for its vacation homes business in Europe
OYO cashes in another cheque from Swedish billionaire Martin HP Söderström for its vacation homes business in Europe
Sanchita DashJan 14, 2021, 17:00 IST
File image of an OYO HotelOYO
OYO has raised an undisclosed amount of funding from Martin HP Söderström, the chairman of DIG Investments.
The Ritesh Agarwal-led OYO raised ₹54 crore or $7.4 million from Hindustan Media Ventures in a Series F round of funding.
With this investment, Söderström will also join the board of OYO Europe. Indian hospitality unicorn OYO has raised an undisclosed amount of funding from Martin HP Söderström, the chairman of DIG Investments. Söderström’s wife Charlotte is also the heir of the fashion brand H&M. ....

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