Oyo Rooms, an Indian on-demand hotel booking service, has raised $100 million in funding, Hindustan Times reports. Softbank led the round, with participation from Sequoia Capital, Lightspeed Venture Partners, Greenoaks Capital, DSG Consumer Partners and Venture Nurse. The investment is Oyo’s fifth round of funding.
Marxent Labs, which aims to provide virtual and augmented reality visualization solutions to retailers and manufacturers, has raised $10 million in Series B funding, Dow Jones reports. Detroit Venture Partners and Stage 1 Ventures led the round, which brings Marxent’s total funding to $14 million.
ELOQUII, an e-commerce company specializing in plus-size clothing, has raised a $15 million Series B round of funding. Acton Capital Partners led the round, with participation from new investors Wildcat Capital Management and Blue Sky Venture Capital, and existing backers Greycroft Partners, Daher Capital, and Female Founders Fund. ELOQUII previously raised $6 million in November 2014. “ELOQUII is helping to empower plus-size women by transforming the way this important consumer audience shops and engages around fashion online. Over the past year, we’ve grown revenue 165% and further strengthened our enormously talented team,” said Mariah Chase, CEO of ELOQUII. “We are excited to expand our group of world-class investors as we enter our next stage of growth and seek to reach our goal of being the dominant fast fashion plus-size brand in the global market.”
Even, a fintech startup helping hourly workers manage paychecks, has raised $9 million in Series A funding led by Peter Thiel’s Valar Ventures. Khosla Ventures, Henry Kravis, Allen & Company and Bob Jain and existing investors Qualcomm Ventures, Camp One Ventures, David Tisch, BoxGroup and Homebrew Ventures all participated. Even has now raised $12 million to date. The Even platform distributes users’ incomes to ensure they receive a consistent paycheck. If a user is paid less than average one week, Even loans them the difference without interest. Subscribers are charged around $3 per week.