Back to feeds

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 $

See More
Anonymous

Anonymous 1

Stealth • 5m

80% valuation drop since 2019? I remember when Oyo was the darling of the startup world. This really shows how volatile the tech startup scene can be. Still, their projected growth looks ambitious. I wonder if they can pull it off

1 replies1 like
Replies (1)

More like this

Recommendations from Medial

Image Description
Image Description

Vaibhav Babruwan Shingde

Stealth • 7m

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

See More
10 replies8 likes
2
Anonymous
Image Description
Image Description

If Oyo is doing 100cr profit after tax then why are they rasing at 80% valuation cut. Something’s fishy for sure.

11 replies11 likes
1

Om Raut

Stealth • 7m

🔵Will India's startup ecosystem reach its projected $1 trillion valuation by the end of 2024 ??

0 replies5 likes
Image Description

chirag sharma

 • 

Ybi Foundation • 3m

OYO latest funding round at $2.5B, down from a $10B valuation, highlights the sobering reality of the valuation bubble in the Indian startup ecosystem. A wake-up call for many sustainable growth over hype. #OYO #ValuationBubble #Startups #India #Tech

See More
2 replies3 likes
Image Description

chirag sharma

Stealth • 3m

OYO's valuation drop to $2.4B is due to profitability struggles, post-pandemic travel dips, high operational costs, and cautious investor sentiment. The inflated startup valuations are facing a reality check. #OYO #Valuation #Startups #Indian

2 replies2 likes
Anonymous
Image Description
Image Description

Oyo is raising funds at $2 billion valuation now (it is a drop of 80% from $10 billion). Founder is on Shark Tank, the business has tanked, but he has made his money. Their bad service is well known. Your thoughts?

25 replies16 likes
3
Image Description
Image Description

SamCtrlPlusAltMan

 • 

OpenAI • 5m

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 $

See More
9 replies14 likes
2
Image Description
Image Description

Yash Barnwal

Stealth • 2m

The Indian startup ecosystem is thriving with 117 unicorns and 118 soonicorns as of 2023. Unicorns have raised over $101 billion in funding with a combined valuation of $353 billion, while soonicorns have raised $18 billion with a $35 billion valuati

See More
3 replies3 likes
Image Description
Image Description

SamCtrlPlusAltMan

 • 

OpenAI • 5m

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

See More
26 replies13 likes

Inactive

Stealth • 7m

- $93M for UK fintech, $1.2M for Chennai skincare, and a mysterious Google-backed Flipkart round. Welcome to May 24, 2024, where startup news is buzzing (Aag lga di aag lga di aag) - Flipkart's latest stunt? Securing funding from Google in a Walma

See More
0 replies5 likes

Download the medial app to read full posts, comements and news.