Funding Friday: Oyo Gets Bigger & Facilio Raises Funds From Tiger Global Stay tuned to get every day updates in 60 seconds

By Sanchita Dash Dec 7, 2018

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

1. Oyo only gets bigger and better. The Indian hospitality chain company has secured $100 million in a fresh round of funding from Singapore-based ride-hailing company, Grab.

2. Tech stays on as the best bet for investors. Indian IoT startup Facilio has raised a $6.4 million Series A led by Tiger Global and returning investor Accel Partners.

3. India's Hyperlocal industry is going great. On-demand home service startup UrbanClap has raised $50 Mn in a Series D funding round led by Steadview Capital and existing investor Vy Capital.

4. CarDekho's parent company is back in the investment game. Girnar Software Pvt Ltd is reportedly in the process of raising $100 million from Sequoia Capital.

Here's the "news that entrepreneurs can use". Know what's trending in the Indian business world in 60 seconds

Sanchita Dash

Entrepreneur Staff

Former Senior Correspondent, Entrepreneur India

In the business of news for 5 years now. Making my way across India thanks to my career. A media graduate from Symbiosis, Pune, I have earlier worked with Deccan Chronicle (South India's leading English daily), T-Hub (India's largest incubator) and Anthill Ventures (a speed-scaling platform).

Stories, movies and PJs are my thing.

If you hear 'The Office' opening score randomly, don't worry it's just my phone ringing.

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