Khazanah in talks to lead Oyo Hotel’s $400 million fund raise

Malaysia's Khazanah Nasional Berhad, the sovereign wealth fund, is reportedly in talks to spearhead a $400 million investment in Oyo Hotels & Homes Pvt. Ltd. The Indian lodging firm, supported by Softbank Group Corp., aims to raise capital for expansion and debt reduction, as per sources familiar with the negotiations.