Hey I am on Medialย โขย 11m
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
Hey I am on Medialย โขย 1y
Interesting News From OYO ๐ค๐คฏ โข Indiaโs Oyo, once valued at $10B, seeks new funding at 70% discount. โข Oyo, an Indian startup, seeks new funding at a $3 billion valuation, down from $10 billion. โข Negotiating with investors like Malaysia's Khazan
See Moreย โขย
OpenAIย โขย 11m
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 Moreย โขย
OpenAIย โขย 1y
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 Moreย โขย
Medialย โขย 5m
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
See MoreHey I am on Medialย โขย 1y
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
See MoreHey I am on Medialย โขย 1y
๐ต The Global Decline of Cash: Opportunities for Fintech Startups โก๏ธ Recent data from WorldPayโs Global Payments Report 2024 reveals a significant shift in global payment trends, with cash transactions declining rapidly worldwide. This trend present
See MoreHey I am on Medialย โขย 10m
Indiaโs Unicorns: What We Learn from Their Success Indiaโs unicornsโByjuโs, OYO, and Zomatoโbegan like any other startup, facing sleepless nights and countless rejections. But their billion-dollar journeys werenโt just about luck; they were about re
See Moreย โขย
Medialย โขย 1y
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.
See MoreDownload the medial app to read full posts, comements and news.