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Interesting News From OYO 🤔🤯 • India’s Oyo, once valued at $10B, seeks new funding at 70% discount. • Oyo, an Indian startup, seeks new funding at a $3 billion valuation, down from $10 billion. • Negotiating with investors like Malaysia's Khazan

This is actually a positive sign in my opinion. Being able to raise new funding, even at a lower valuation, shows OYO still has runway and a path forward after the pandemic disruption. Many startups don't survive that.