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 2
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Lowering the minimum investment from $2M to $120K is a smart move. It opens up the round to a lot more potential investors. But it also screams desperation. Are they struggling to get big fish on board?
0 replies1 like
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