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 5
Hey I am on Medial • 10m
All the armchair critics fail to understand how vicious the pandemic hit hospitality and travel. If OYO survives this by raising smart down rounds, they've done extremely well.
Let's decode one pattern :
• Companies were backed by Softbank such as OYO, OLA Electric and FirstCry are continuously filing for IPO but some IPO's approved or some failed for IPO.
• Startups backed by Softbank such as OLA Electric and OYO are ra
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