The billion dollar boost comes from existing investors such as SoftBank Vision Fund, Sequoia Capital and Lightspeed Venture Partners. : Hotel booking startup Oyo said on Tuesday it's raising $1 billion (Rs 7,282 crore) in fresh funding. The bulk of the funds will be used to drive expansion in China, where the company started operations about ten months ago. The billion dollar boost comes from existing investors such as SoftBank Vision Fund, Sequoia Capital and Lightspeed Venture Partners Bloomberg reported.