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 $
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Anonymous 1
Stealth • 4m
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
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
🔵Will India's startup ecosystem reach its projected $1 trillion valuation by the end of 2024 ??
0 replies5 likes
chirag sharma
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Ybi Foundation • 2m
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
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2 replies3 likes
chirag sharma
Stealth • 2m
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
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?
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 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
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3 replies3 likes
SamCtrlPlusAltMan
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OpenAI • 4m
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
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26 replies13 likes
Inactive
Stealth • 6m
- $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