SoftBank Vision Fund and RA Hospitality completed an $807m investment in Oyo Hotels.

SoftBank Vision Fund and RA Hospitality, the Ritesh Agarwal-controlled investment entity, completed an $807m investment in the hospitality chain Oyo Hotels & Homes. “This is a key development for Oyo Hotels & Homes, and additional funds will help the business achieve its strategic objectives for 2020, which include accretive and sustainable growth, operational excellence and investment in corporate governance and training,” the spokesperson.