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
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Anonymous 4
Hey I am on Medial • 10m
$3B is still an incredibly high valuation for OYO's business model. I'll remain skeptical until they figure out sustainable profitability rather than just unbridled growth.
OYO's valuation drop to $2.4B is due to profitability struggles, post-pandemic travel dips, high operational costs, and cautious investor sentiment. The inflated startup valuations are facing a reality check. #OYO #Valuation #Startups #Indian
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AprameyaAI • 7m
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