The company has started its first centre with a 500-seater space in Pioneer Square, Sector 62, Gurugram.
Under OYO LIFE service, the Indian hospitality firm will be offering fully-furnished apartments to rental home seekers in Japan.
The Bangalore-headquartered company will be deploying nearly 10,000 vehicles, including luxury sedans and SUVs, in major cities in the coming months.
The company has rolled out a fleet of bright green Bajaj and Piaggio autorickshaws in Liverpool.
The hospitality chain has also launched the Collection O brand, targeted at millennial travellers.
The hospitality firm has signed deals with 50 hotels in the country for over 3,000 rooms across seven cities.
The funding is part of the $1 billion investment round.
Berggruen Holdings is a $2-billion private equity and venture capital firm founded by Nicholas Berggruen.
The company had posted a revenue of $0.4 billion for 2017.
Apart from the new market of US, it is also present in the UK, Indonesia, Nepal, and Sri Lanka among others.
As per consolidated audited financials, OYO India has witnessed a 3.5x revenue growth, reporting an operating revenue of Rs 416 cr, compared ...
OYO is aiming to generate 1,000 direct and indirect employment opportunities in the country with its operations.
OYO is eyeing to have presence in 100 cities in the Southeast Asian country by the end of 2019.
The Delhi-NCR-based company entered the global markets in 2016.
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