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Kishan Kabra

Founder & CEO • 1y

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

Anonymous 5

Hey I am on Medial • 1y

OYO raised too much money too fast and spent it just as quickly with that rapid, reckless international expansion. $9 billion for a hotel franchising business was always insanely overvalued. Ballooning losses of over ₹1200 crores finally forced investors to apply rational thinking.

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Kishan Kabra

Founder & CEO • 1y

Ritesh seems a good entrepreneur.

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