Interesting News From OYO š¤š¤Æ
ā¢ Indiaās Oyo, once valued at $10B, seeks new funding at 70% discount.
ā¢ Oyo, an Indian startup, seeks new funding at a $3 billion valuation, down from $10 billion.
ā¢ Negotiating with investors like Malaysia's Khazan
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Anonymous 5
StealthĀ ā¢Ā 9m
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 :
ā¢ 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.
ā¢ Startups backed by Softbank such as OLA Electric and OYO are ra
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Hey, future founders! š
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Top News of the Week
1. Funding:
- The week saw the first mega funding deal materialise for an Indian startup in the form of healthtech unicorn Innovaccerās $275 Mn Series F fundraise.
- On the back of this, healthtech emerged as the most funded