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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

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

1 replies1 like
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If Oyo is doing 100cr profit after tax then why are they rasing at 80% valuation cut. Something’s fishy for sure.

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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?

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