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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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Havish Gupta

Stealth • 5m

80% drop in Valuation. Ritesh surely got some plans 😏

1 replies1 like
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Anonymous
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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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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

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I got bad marks in all entrance exams now Should I take a drop year or should I just join a random college

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Almost closed 80% target of a Pre-Series A round with some veteran angels and HNIs Paperwork is on. Now got to fill up the 20%, i.e. 1.6 Crores. Conversations started really slow at first, and tumbled down faster in a delightful way. 😌

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What went wrong with BYJU'S I believe the founder must have had some aspirations but things surely didn't go in his way, why is that so?

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