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Kishan Kabra

Stealth • 6m

What's the reason behind of OYO valuation crash? They were struggling to get approval from SEBI for IPO back in 2021, Finally got a approval but they withdrew their application and looking to raise from private investors at $2.3 Billion which was $9

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Anonymous

Anonymous 4

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slice • 6m

People forget that at its core, OYO is just an aggregator of budget hotel rooms - a very low-margin, cut-throat business. They tried to masquerade as a tech disruptor worthy of unicorn valuations when the reality is much more modest. Can't keep subsidizing growth indefinitely.

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