Venture capital investors Lightspeed Venture Partners and Sequoia Capital India have completed their transaction to sell about 15% stake in Oyo Hotels & Homes to founder Ritesh Agarwal for $1.5 billion. The unconventional deal, which has raised eyebrows across the world, has been financed by Agarwal by taking a loan from banks like Nomura through a special purpose vehicle (SPV) called RA Hospitality Holdings (Cayman).