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 1
Stealthย โขย 1m
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