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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

Oyo, the hospitality startup, is pursuing a pre-IPO round at a $2.3 billion valuation, 80% below its 2019 peak of $10 billion. Fundraising: Targeting $80-90 million from HNIs, family offices, and smaller investors. Minimum investment reduced from $

The funding scene for AI has been challenging, in India. According to Tracxn data, funding for AI startups in India plummeted nearly 80% in 2023, from $554.7 million in 2022 to $113.4 million. In stark contrast, U.S. AI startup funding surged by

Peter Thiel on a common red flag he sees in startup pitches Peter Thiel highlights a common mistake founders make: listing multiple ways their startup can make money without a clear focus. He explains that when someone presents five potential reven

The Indian startup scene is booming, but there are also several companies that haven't been successful. Here are some reasons why startups in India fail: PepperTap: This grocery delivery startup struggled with high marketing costs and an inefficie

🚀 BREAKING: Zomato's 'District' App Set to Revolutionize India's Lifestyle Scene! How does a food delivery giant plan to become your go-to app for everything fun? I'm about to dish out the juicy details of Zomato's ambitious new venture that's set

Unique Startup Stories (17/20) Box8 is a foodtech startup that delivers food to employees and students in convenient boxes. ABOUT IT • It was founded in 2012 in benguluru by Amit Raj and Anshul Gupta OFFERING • It is a foodtech startup which owns

🔵 The Global Decline of Cash: Opportunities for Fintech Startups ➡️ Recent data from WorldPay’s Global Payments Report 2024 reveals a significant shift in global payment trends, with cash transactions declining rapidly worldwide. This trend present

India’s Unicorns: What We Learn from Their Success India’s unicorns—Byju’s, OYO, and Zomato—began like any other startup, facing sleepless nights and countless rejections. But their billion-dollar journeys weren’t just about luck; they were about re

Top news of the day- 1. Licious lays off 80 people. 2. Crux raised $2M by Y-comb, others. 3. OpenAI hits Rs. 16,000 Cr ($2B) in revenue. 4. Battery-tech startup Lohum raised $23M in Series B. 5. Bengaluru to end bike taxi services in the state. 6.