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 😏
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?
India’s new age listed companies valuation crossed $100 Billion.
Total listed valuation: $65 billion
Current valuation: $100.5 billion
Out of which we got 4 decacorns
Zomato, Paytm, infoedge(listed in 2006), makemytrip
1 replies2 likes
Abhijit Jha
Stealth • 2m
Hello everyone!!!
Drop some idea to grow dropshipping business in India
0 replies2 likes
Vaibhav Babruwan Shingde
Stealth • 7m
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
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. 😌
2 replies4 likes
Vrishank Raj
Stealth • 4m
A startup is seeking a Seed investment. The startup is valued at $5 million pre-money and is looking to raise $650,000 in this round. After this round, the startup plans to raise an additional $2.5 million in a series A round at a post-money valuatio